Bank probes find manipulation in Singapore’s offshore Foreign Exchange market
Reuters- Jan 27, 2013 Internal reviews by banks in Singapore have found evidence that traders colluded to manipulate rates in the offshore foreign exchange market, according to a source with knowledge of the inquiries. The discovery widens a global lending rate scandal into new markets, as fallout from the Libor case puts banks...
Singapore Airlines: Will Ask 76 Pilots to Leave Before Contracts Expire
Fox Business- January 30, 2013 The pilots are likely to leave by June 30, Singapore Airlines said in a statement. It said it had previously released pilots only when contracts expired. The airline said it has a pilot surplus because the global financial crisis of 2009-10 left it with excess capacity and slower-than-expected...
Did PAP take SDP’s young family HDB idea?
The PAP announced during the by-election in Punggol East that it would give young Singaporeans waiting to start a family priority for HDB flats under the Parenthood Priority Scheme. Under this scheme, young couples with at least one child under the 16 will jump to the front of the queue for Built-To-Order (BTO) flats. Now compare...
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