Daily Archives: 2017-05-17

An urgent need to ban new foreigners from being hired as HR professionals?
By Leong Sze Hian Published on by Leong Sze Hian 0

I refer to the article “Why is a local PMET IT job posted in JobStreet’s Indonesia webportal?” (theonlinecitizen, May 16). It states: Editor’s note – Just last year, Singapore’s Foreign Affairs Minister, Dr Vivian Balakrishnan said in a meeting with Indonesia’s Foreign Affairs Minister, Ms Retno Marsudi, “We believe Read More

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Visa study shows that Singaporeans’ preference for using e-payments highest in Southeast Asia
By The Online Citizen Published on by The Online Citizen 0

SINGAPORE, 16 May 2017 – Eighty-seven per cent of Singaporeans prefer to make electronic payments, as opposed to using cash (up 11%), representing the highest preference for electronic payments in the region, according to the 2016 Visa Consumer Payment Attitudes survey. This growth Read More

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Posted in Consumer Watch | Leave a comment
GIC’s investment to UBS nine years ago might cost GIC a loss of US$4b
By Yasmeen Published on by Yasmeen 0

According to IFR calculations, Singapore’s investment fund, GIC Private Ltd, is facing a loss in excess of 4 billion francs (US$4 billion, S$5.6 billion) on its emergency investment in Swiss bank UBS Group nine years ago. On Monday evening (15 May), GIC cut its Read More

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Posted in Current Affairs | Leave a comment
Stock market sees a technical pullback while political uncertainties rise
By The Online Citizen Published on by The Online Citizen 0

By Margaret Yang, CMC Markets Singapore’s Straits Times Index slumped 36.5 points or 1.12% yesterday, marking the biggest intraday loss this month. Selling was driven by profit-taking activity in local banks, and rising political uncertainty in the White House. Technically, all of the Read More

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Fire at half-constructed Indian International School in Punggol, two workers trapped in gondola rescued
By Martha Soezean Published on by Martha Soezean 0

Video : Francis Teo / You Tube A fire broke out on Tuesday (16 May) about 4:30pm at the opposite 17 Punggol Field Walk, engulfing a 30m by 50m construction site. SCDF extinguished the fire by using 4 water jets at approximately 5.30pm. Read More

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A signal to exercise the inalienable rights of free citizens despite the threat of ISA and the law
By The Online Citizen Published on by The Online Citizen 0

by Christopher Tremewan Two of the Singapore regime’s greatest achievements are the Pavlovian concept of citizenship and the disguise of its daily operation through the petitionary politics of a neutered citizenry. The art of government lies in preventing collective action unsanctioned by the Read More

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Posted in Arts & Culture | Leave a comment
Outflow of income from SG economy by MNCs and foreign workers
By The Online Citizen Published on by The Online Citizen 0

by Chris Kuan A number of FB friends were asking me about the impact on the Singapore economy resulting from foreign workers’ repatriation of savings in one of Tay Kheng Soon’s post. There is no research particular to this but I can go Read More

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Five popular but terrible misuses of personal loans
By theonlinecitizen Published on by theonlinecitizen 0

by ValuePenguin The rise of household debt has been a big issue in Singapore. Due to lackluster real income growth compared to the rate of inflation, consumers have been borrowing more to fund their consumptions. While this has been particularly case for expensive purchases like Read More

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Posted in Finance | Leave a comment
Are taxi rides to Changi Airport ripping you off?
By theonlinecitizen Published on by theonlinecitizen 0

by ValuePenguin  Changi Airport is one of the biggest airports in SE Asia. In fact, it ranked as the 17th biggest airport in the world, with 60 million annual passengers passing through in 2016 compared to just 5.6 million people living in the Read More

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Primary 1 maths question puzzles netizens
By Yasmeen Published on by Yasmeen 0

A Primary 1 question posted yesterday on Hardwarezone Forum by ‘AlmondShell’ not only left netizens puzzled, but most also gave up answering the puzzle. The bonus question, worth four marks, required students to fill in the correct numbers in the empty circles to complete Read More

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Posted in Education | Leave a comment