GIC 5.1, Temasek 16, Fund Manager 12%?
I refer to the article “Assets under management in S’pore up 7% to $2.7 trillion” (Straits Times, Sep 27). It states that “Sustained net fund inflows and broad-based improvements in market valuations supported the growth, it added. “Compliance requirements are still very onerous and that sets the bar very high for...
Future Singapore President
One issue I hope this forum will discuss is the candidacy pool for the Singapore Presidents in future elections. Because of bar has been raised so high ("$500 million of shareholder equity"), the number of eligible candidates is now severely reduced. Furthermore, there are historical confrontations between the President and...
Loan payment increased after bank got acquired?
Are there any regulations to protect consumers from any unexpected increase in the quantum of the monthly repayments of a loan, when their original bank is acquired by another bank? Ms Lau was a priority customer of a foreign bank and had a A$ housing loan. A few months’ ago – the foreign bank’s retail business was acquired...
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