Temasek Holdings: We lost S$24 billion in a year

Singapore's sovereign wealth-fund company Temasek Holdings reportedly lost S$24 billion in its latest financial year report FY2016 dating March 31. The news which saw the investment arm of the...

Singapore taxi companies losing millions from Grabtaxi and Uber competition

Singapore taxi companies like TransCab and ComfortDelgro are charting millions of losses every month from un-hired taxis as more taxi drivers leave for Grabtaxi and Uber. As many as...

Dear Boss, please give me a good reason why I should not resign

Dear Boss, you want higher productivity but you also want lower salaries and longer working hours. You keep comparing your SME company to a MNC but your flip-flop policies...

Singapore LTA ban GrabHitch, threaten 6-months’ jail

The Singapore Land Transport Authority (LTA) today (Jun 20) cautioned the public not to use GrabHitch, a new innovative Malaysia-Singapore cross-border car-sharing mobile application and threatened to jail offenders...

Manpower Minister Lim Swee Say: Wages are too high

Speaking at a conference for businesses, Manpower Minister Lim Swee Say complained that wages in Singapore are too high and that productivity gains are not catching up with wage...

Temasek Holdings made billion dollar losses after selling NOL

Singapore's Temasek Holdings made at least a billion dollar losses after selling the national shipping line Neptune Orient Line (NOL) to French conglomerate CMA CGM SA for S$2.26 billion...

2 PRC Millionaires owe MBS S$17 million gambling debt and refuse to pay up

According to the Chinese papers, Singapore casino Marina Bay Sands (MBS) went to the Hongkong Court to sue two China millionaires who owed the casino more than S$17 million...

Minister Ng Eng Hen: We can’t afford the New Stadium we built

Speaking at the appreciation dinner for this year's National Day Parade (NDP) participants, Defence Minister complained that it is too expensive to hold more NDP celebrations at the new...

Singapore recession sees collapse of familiar brands like Tiger Airways and ANZ Bank

Singapore's worsening recession has just claimed the collapse of two familiar long-time brand - Tiger Airways and ANZ bank. Tiger Airways' (Tigerair) aerospace operations will be merged under budget airline Scoot from...

Lee Hsien Loong: Japan is more competitive because their graduates have lower salaries

In his speech at the NTUC National Delegates Conference last evening (Oct 26), Prime Minister Lee Hsien Loong said that Singapore is facing competition from both developing and developed...

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Epilogue

The past week has been heartening to read that many Singaporeans have expressed disappointment in the shut down of States Times Review. I have been...

STR to shut down

The States Times Review website has been blocked under false charges of "fake news" and "criminal defamation" laid by the Singapore dictatorship.   As such, the...

Law Minister K Shanmugam threatens 2 years jail for “Criminal Defamation”

Singapore's Law Minister K Shanmugam has gone to the local state media threatening that the articles published by States Times Review is "criminal defamation"....