Josephine Teo: GIC, Temasek won’t take more risks
Josephine Teo In Parliament on Friday (7 Mar), Senior Minister of State for Finance Josephine Teo said that any rise in Singapore's spending needs over time should not drive GIC and Temasek to take on more risks. The solution lies in the government's budgetary measures, rather than a change in these entities' investment strategies,...
MOM: Firms continue to hire too many FT PMETs
Acting Manpower Minister Tan Chuan-Jin (Photo: ST) In Parliament on Friday (7 Mar), Acting Manpower Minister Tan Chuan-Jin told the House that at least 50 companies have been found to have recruited too many foreigners since MOM started began investigating such firms at the start of 2014. These firms have been found to be filling...
Malaysia Airlines plane with 239 on board missing
Update at 1:30 p.m. Singapore/Malaysia time Saturday (8 Mar): Tuoi Tre, a leading daily in Vietnam, reports that the Vietnamese Navy has confirmed the plane crashed into the ocean. According to Navy Admiral Ngo Van Phat, Commander of the Region 5, military radar recorded that the plane crashed into the sea at a location 153...
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