S’pore ranks 5th in global Crony-Capitalism Index 2014
The countries where politically connected businessmen are most likely to prosper Singapore ranks fifth in The Economist’s Crony-Capitalism Index 2014 after Hong Kong, Russia, Malaysia and Ukraine: For Singapore, the collective wealth of billionaires who have benefited from crony sectors make up just above 15% of Singapore's...
SGX issues hasty statement on Olam shares
On Sunday (16 Mar), at the witching hour, the Singapore Exchange (SGX) issued a hastily prepared statement regarding Olam International (Olam). The statement - "SGX clarifies Olam International issue" - was issued at 12.28 a.m. Sunday (16 Mar). Olam is the subject of a takeover bid by Temasek Holdings subsidiary Breedens Investments...
PM: RCs help residents understand PAP Govt policy
PM Lee Speaking at the first People's Association (PA) National Residents' Committee Convention to some 1,000 grassroots members yesterday (15 Mar), PM Lee said RCs are well placed to help residents understand and benefit from government policies and be the first providers of community support. He also said RCs must adjust to...
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