Home » Posts tagged with "investments"
Posts tagged with "investments"
Sinking funds: From $1 billion in 2007 to $2 billion in 2008
Dec. 21 | Andrew Loh On 2 December 2007, the Straits Times reported a new rule that caps how much town councils can put into higher-risk investments. In the report, it said: This new rule… applies to more than $1 billion in sinking funds managed by the 16...
Dr Teo Ho Pin, where is our money?
Dec. 7 | Dhevarajan Devadas After reading Dr Teo Ho Pin’s second forum page letter, I can only conclude that he is unable to understand what Singaporeans are demanding from him. Dr Teo, we do not want you to waste time “exploring” ways of how...
TOC Exclusive – MP instructs TC Manager after meeting Minister: “We will NOT disclose any further details” on TC Investments
Dec. 6 | Choo Zheng Xi / Editor-in-Chief TOC recently published a template request for information that Singaporeans could send to their MPs to ask their Town Councils (TCs) specific questions on TC investments. TOC reader Roland Soh sent an email to his MP,...
Temasek, GIC… situation can change
Dec. 5 | The situation looks a lot gloomier now than when they went in but these are long-term investments. It looks under water now, but the situation can change. PM Lee on Temasek and GIC investments
Letter to TOC (Dec 1)
Nov. 30 | The following letters were either rejected or are still not published by the Straits Times, except the third one which is to TOC. Just a note: In future, blog postings or blog articles will no longer be considered as a letter to TOC. Also, letters to...
$2 billion over 20 years
Nov. 26 | Over the last two decades, 14 PAP town councils have accumulated about S$2 billion in sinking funds. That works out to about S$200,000 per HDB block in Singapore. There are about 9,000 HDB blocks in Singapore. Channel NewsAsia
The greed epidemic
Nov. 26 | Announcement: In tomorrow’s lead story on TOC, Mr Tan Kin Lian gives his answers to some questions on the issue of his running for elections. We would also like to announcement a new section on TOC – Beating The Recession (see below). This...
It just makes your blood boil
Nov. 20 | Andrew Loh / Deputy Editor It is hard not to be angry. And be very angry at that. Consider this: On 15th September 2007, according to Channel NewsAsia, the HDB said the following with regards to the new flats in Punggol: … 81 percent of residents...
Bloggers reaction to town councils’ losses
Nov. 18 | But first a quote: Amongst the things you can do, I suggest you study the annual accounts of the town council to ensure that the funds are properly used. Check whether the arrears for S & C charges are piling up, and eating into their reserves. Make...
Poor return on life insurance policies
Aug. 20 | Tan Kin Lian / Columnist QUOTE Dear Mr. Tan, May I ask if the non-guaranteed reversionary bonuses are determined by individual insurance company? Are these bonuses declarations subject to MAS regulatory control or are they depend on the mood of the insurance...
