Hyflux: Don’t cry for the investors
Perpetuals buyers were warned, while pref share investors made money in the 2011 pref shares issue. Tan Kin Lian in Hong Leong Park on Saturday shared that he was aware how some of them became Hyflux perpetual securities and preference shareholders despite not being financially “savvy”. “They were just ordinary investors...
Singaporean workers are being shortchanged.
In Taiwan, the starting salary for a waiter is about S$1,150 (NT$26,000) and can go up to S$3,350 (NT$80,000) or more for a restaurant manager: In Singapore, the starting salary for a waiter is about S$1,100 and can go up to S$3,000 to S$4,000, or S$5,000 for a good restaurant. Singapore's cost of living is about twice as...
The privatised-public service hospitals in Singapore has been a failure
Straits Times ran an article on 24th Mar 2019 entitled “Hard choices need to be made for sustainable healthcare: PM” The words from PM Lee sounds like an early warning that something different must be done to contain or cope with the rising healthcare costs. He said: "Singapore's healthcare receipts exceed $9 billion and...
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