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Eight PAP town councils exposed to structured products.
SMU students may be barking up the wrong tree. Removing the ‘chope’ system adds a host of new problems that will overwhelm the perceived benefits of...
Some Town Councils prefer to charge higher S&C charges so they put their savings in very safe investments. Senior Minister of State for National Development Grace...
What other losses have town councils incurred? By Lim Chih Yang.
A re-cap of what was said about town councils' investments.
If we either politicise the process or take an overly legalistic approach as opposed to this case-by-case evaluation in the financial institutions and FIDREC, there’s less...
I thought that an incident like this would only happen in Geylang, now I know you will also be taken for a hooker on Orchard Road...
Two town councils invested $12 million in structured products.