TR EMERITUS

Singapore International credit rating agency Moody's has downgraded the outlook for three Singapore banks - DBS, OCBC and UOB - to "negative" from "stable" for the next 12-18 months. This has come in the wake of rising property prices and mounting household debt in the city-state. Moody's report yesterday (15 Jul) ('Singapore... 

Singapore Press Holdings (SPH) posted an 80.7% jump in 3rd-quarter (3Q) earnings yesterday (15 Jul) with its 3-month net profit jumping to $187.5 million from $103.8 million a year ago on year-to-year basis. However, this is largely due to a one-off gain arising from a change in accounting recognition of its investment properties... 

Jonathan Oh Swee Yang (Photo: Facebook) During the recent exchanges in Parliament between Minister Vivian and MP Sylvia Lim, the Minister released a dossier of documentary evidence [Link] to "prove" that Aljunied-Hougang-Punggol East Town Council (AHPETC) had attempted to charge the hawkers extra for cleaning the high areas...