SCB laying off staff to close its equity wing
Standard Chartered Bank in Singapore announced yesterday (8 Jan) that it will exit the institutional cash equities, equity research and Equities Capital Market (ECM) "with immediate effect". The move will lead to about 200 layoffs in the region - on top of a wider plan that will see about 4,000 cuts, half of which were made...
HDB has a ‘habit’ of obscuring information since 1984
It looks like HDB has this corporate "habit" of obscuring information when it comes to disseminating information to the public. The following piece of news, forwarded to TRE by a reader, showed that as far back as 30 years ago, HDB already had this habit of "obscuring" information from its maps. In 1984, a resident, Mr Fong,...
Fancy paying HDB studio price for a columbarium niche?
Resident Sharon Toh posing questions to Life Corp MD and MP Lam The recent Sengkang columbarium saga shows that "properties" for the dead may be mirroring the development trend of properties for the living in Singapore. TRE examined HDB's past land tender records [Link] for building Chinese temples and found that the recent...
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