Did retailers suffer from SGX, MAS dysfunction?
Share prices of Asiasons Capital, Blumont Group and LionGold Corp almost doubled in yesterday's no-holds-barred trading as the market sought to put a value on the stocks after trading curbs were ended - PHOTO: REUTERS. BT, 22/10/2013 I waz surprised at the swiftness that SGX allowed Asiasons Capital, Blumont Group and LionGold...
Best for HDB not to declare its losses or deficits
Every year, hundreds of millions of dollars of losses are incurred by the HDB. The latest $797m deficit that HDB said it has incurred due to the building of more flats is going to be disturbing to many readers. It was $2b a few years back, then it was $1b of losses. In these three announcements, a total of $3.797b has been lost...
‘Affordable’ has destroyed our retirement plans
Retirement SG+ is a new programme very similar to Talking Point. Last week’s topic was about CPF and whether Sinkies have sufficient money left for retirement. After the two experts gone through with Melanie, the host, it was a glaring admission that many Sinkies will be in deep shit when they retire. The only hope to survive...
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