How to react to PAP’s prognosis of doom and gloom
But first, why take IMF’s & other int’l bodies forecasts with a large pinch of salt Forecasting is not really the IMF’s forte, while pessimism is. Every growth forecast since 2009 for the UK economy has undershot the actual result, often by a significant margin. The warning of misery ahead is widely reported, but is...
Why is SGX promoting Temasek retail bonds?
I received an email from the Singapore Stock Exchange (SGX) on Thursday - an invitation to attend a seminar on Temasek's retail bond. The retail bond which is being offered by Singapore's sovereign wealth fund, was launched on Wednesday (17 Oct). This bond comes with a five-year maturity and a fixed interest rate of 2.7 per...
BS: SingPost’s ‘next working day’ delivery statement?
The ongoing case against the WP MPs etc reminded me that about three weeks ago, I posted a cheque to a vendor on a Friday morning. On Tueday night he emailed to say he hadn’t received the cheque. He only received it on Thursday. Delivery Times Standard Mail Next working day Non-Standard Mail 3-5 working days https://www.singpost.com/send-receive/sending-within-singapore/ordinary-mail-local My...
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