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Month: October 2016

SGX’s 1QFY2017 results


On 19 October 2016, SGX reported 1QFY2017 results. Notwithstanding the net profit amounted to $83 million, the overall performance was poor. This is not surprising given that the bourse operator is a proxy to Singapore economy, which has been sluggish for the whole of this year. Key financial indicators Revenue: $191 million, down 13% from […]

SPH media business review

SPH retrenchments

On 17 October 2016, media conglomerate SPH finally dropped the bombshell. In a media release which highlighted the result of its business review, SPH announced that it will be “right-sizing” to reduce operating costs. To put things into perspective, this is not the first time that the media company is downsizing. It had previously retrenched […]

SPH to retrench staff

SPH retrenchments

Today, Yahoo Singapore publishes an article that SPH is expected to retrench about 10 percent of its staff. If the move is official, the retrenchment figure will be higher than the 111 staff it retrenched in 2003. The sheer number of SPH staff expected to be laid off is frightening. This is because back in […]

Lack of understanding on Medishield Life among Singaporeans

CPF Accrued Interest

I came across the article by fellow blogger, Andrew Loh, on his recent medical bill. Andrew is a blogger whom I respected a lot because of his various quality articles in Yahoo Singapore website. Arising from his recent medical ordeal, I realized that there is a lack of understanding on Medishield Life among Singaporeans. In […]

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