Is SMRT a private or public company?
(Reuters) - Singapore's SMRT Corp Ltd , the operator of the city-state's main rail network, asked the government on Wednesday about a financing framework which would reduce its capital expenditure, The Straits Times reported….25 Apr 14 SMRT has previously expressed interest in changing to a financing framework that was introduced...
Less privileged S’poreans feel like Easter Islanders
Easter Island (Rapa Nui) As Easter Island’s tourist industry has taken off, Chileans have moved from the mainland to live here, opening hotels, bars and restaurants. They now outnumber the Rapa Nui – the original Easter Islanders of Polynesian descent. That has created tensions. Mr Pakarati describes the islanders as “victims...
How much are the returns on our reserves?
Official Foreign Reserves Table Last Update: 7 Apr 2014 End of Period Total Special Drawing Rights Reserve Position in the IMF Gold & Foreign Exchange Total Official Foreign Reserves 1=2+3+4 2 3 4 5 S$ Million US$ Million 2009 263,955.4 2,205.3 375.5 261,374.6 187,809.1 2010 288,954.1 1,969.8 421.0 286,563.3 225,754.2 2011 308,403.2 1,732.9 1,080.8 305,589.5 237,737.0 2012 316,744.2 1,641.1 1,115.8 313,987.3 259,307.1 2013...
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