TR EMERITUS

Chow Yew Yuen Last week, news broke that Keppel Offshore & Marine was involved in a mega bribery case in Brazil. Some US$55 million (SGD$73.5 million) were reported to have been paid by a Keppel agent to Brazilian govt officials in order for Keppel to secure deals in Brazil. These "improper payments" were made over a period... 

SIBOR up 25% The three-month Singapore Interbank Offered Rate (Sibor) – the benchmark rate for most residential property loans here – has risen from 0.969 per cent on Jan 3, to 1.212 per cent as of the middle of this month. It is expected to go up further, in line with the Fed interest rate hikes next year. But property... 

As the PAP continues to prevent further embarrassment to its elites, governance at Keppel Corporation has now turned into a joke. On 30 December, KepCorp’s O & M unit reported that 17 current and former employees have been sanctioned over the Brazil bribery case.  [ CNA ] Or perhaps fewer employees were engaged in criminal...