Balancing risk and reward (Sunday Times 24 Jan)
Jan 24, 2010
Balancing risk and reward
When investing money, consider your need and ability to take risk
The other side of the coin is when investors get so caught up chasing high returns that they ignore the risk element.
So it’s worth trying to understand what your personal risk profile is before investing your money.
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Strategies of a financial advisor (Sunday Times 24 Jan)
Jan 24, 2010
Strategies of a financial adviser
Options and CPF may offer better returns than stocks and fixed deposits
What do financial advisers do with their own money that most individuals don’t do? I can’t speak for advisers as a group, but I can give you a selection of insights into my own strategies. But bear in mind that these approaches may not be suitable for everyone.
I don’t use fixed deposits
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Reader’s Reaction To Courts Looking For Workers In JB Malaysia
An advertisement posted by Courts appeared in JB Malaysia looking for workers to work in Singapore (courtesy of Temasek Review):-
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Sell flat for $300,000 profit? No way (Asiaone 11 Jan)
Sell flat for $300,000 profit? No way
Out of 60 residents polled, 58 say they are staying put in popular HDB estate.
Mon, Jan 11, 2010
The New Paper
RETIREE Wang Mei Ling is sitting on a potential profit of about $300,000 for her HDB flat in a prime location. But she’s far from happy.
| Related stories: » Would you pay $5 for this view? » Stockbroker sold GCB for almost double the price he paid |
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When it does not add up (Today 11 Jan)
SINGAPORE – What would you do if your employment contract said that if you get injured at work, the hospitalisation bill would be docked from your pay? And that you would not be paid during your recuperation?
On top of that, you would have to pay your employer $200 a month for not fulfilling your contract.
And you can forget about taking your complaints to the authorities on anything about the company. Otherwise you would have to pay for your employer’s legal, transport and administrative costs of between $100 and $300 a day.
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S’pore workers put in longest hours: Survey (ST 11 Jan)
Jan 11, 2010
S’pore workers put in longest hours: Survey
They top international poll of 13 economies; MOM’s figure is 45.9 hours a week for 2008
The report puts them at the top of 13 economies in the group’s Global Wages Report for 2008-09, surpassing even the notoriously hardworking Japanese and Taiwanese.
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What price happiness? (Sunday Times 10 Jan)
Jan 10, 2010
What price happiness?
A study shows that people who have a university or postgraduate qualification and earn $5,000 or more a month are the happiest.
But they are also dissatisfied with their achievements and enjoy life the least, compared with those who are less well-off.
Indeed, it is the Singaporeans earning less than $2,000 a month who enjoy life the most, concluded the three academics behind the study.
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Opinion: Poor Employment Practices – Lack of Compensation Package
Our Poor Employment Practics – Lack of Compensation Package
Written by: Gilbert Goh
Many people who were retrenched during the recent recession lamented how badly they were treated after been laid off by their companies. Though retrenchment is generally expected by many people when there is a down turn, more can be done by the authorities to ensure that compensation is paid out when someone is being laid off.
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MOH bars Reves Clinic from all liposuction (ST 8 Jan)
THE Ministry of Health (MOH) has ordered the Orchard Road clinic that performed cosmetic surgery on Mr Franklin Heng, just before he died last week, to cease the type of treatment involved.
Mr Heng, 44, the chief executive of a $1 billion company, was rushed by ambulance to Tan Tock Seng Hospital on Dec 30 but was pronounced dead there despite efforts to revive him.
The former CEO of YTL Pacific Star, a property management firm, had undergone ‘liposuction’ treatment that afternoon at Reves Clinic. Broadly, the procedure involves sucking fat out of the body.
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YTL Pacific Star CEO dies after cosmetic surgery (ST 7 Jan)
THE chief executive of a $1 billion property firm died last week, following cosmetic treatment at an Orchard Road clinic.
On Dec 30, 44-year-old Franklin Heng was ferried by ambulance from the clinic to Tan Tock Seng Hospital, where he was pronounced dead.
TTSH chief executive Lim Suet Wun said the case has been referred to the coroner.
‘The patient came from a GP clinic and had had liposuction done earlier that afternoon,’ he told The Straits Times.
Although Mr Heng showed no signs of life when he arrived at the hospital just after 5pm, doctors spent almost an hour attempting to resuscitate him, said Dr Lim.
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HR changes in the past decade (HR Online)
Jan 4, 2010
HR changes in the past decade
Benefits, revised notions of work are among the concepts that have evolved quietly
REVISIONS to the notion of work and the evolution of benefits are two workplace concepts that have quietly changed during the past 10 years.
Human Resource Executive Online (HREOnline) magazine, in a report on Wednesday, went digging for these and other key working life trends that slid into the picture without that burst of recognition accompanying them.
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Under-employment Among Older PMETs Becoming An Uptrend in Singapore (CNA 30 Dec)
And efforts must be put in place to help them get jobs suited to their skills and qualifications.
PMETs were the hardest hit during the economic downturn.
Many, like those in the financial sector, were left jobless and the labour movement said they had to settle for whatever job they could get to make ends meet.
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Jobless recovery for semiconductors (ST 22 Dec)
THE outlook for the underperforming semiconductor industry is looking up for next year, but the turnaround is unlikely to generate much hiring.
Top industry executives from around the world told a survey team that they expect ‘a relatively jobless recovery’ that will not ‘reflect any meaningful additions to the semiconductor workforce in 2010′.
There will be some recruiting – 66 per cent of executives polled anticipate their company’s global workforce to grow over the next 12 months – but the expansion will be fairly anaemic.
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Where to put your money next year (Sunday Times 20 Dec)
Where to put your money next year
The world economy has got off the deathbed but its recovery in the year ahead will be sluggish. Gabriel Chen gets tips from financial experts for 2010 and finds out where the traps might be.
Dr Mark Mobius, executive chairman of Templeton Asset Management:
‘We believe commodities will continue to do well, and that includes gold. Commodity stocks look good because we expect the global demand for commodities to continue its long-term growth. To keep pace with domestic consumption, commodity prices will remain positive and though they will fluctuate from time to time, the overall trend globally is upwards.’
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Leaders are make, not born (Sunday Times 12 Dec)
Mr Kouzes says leaders must be humble, and that a great leader is one “whose feet are planted on the ground, with his head in the clouds dreaming of possibilities”. — ST PHOTO: DESMOND WEE
True leaders lead, fearing no problem that arises. That’s Leadership 101, or so it seems.
Gathering the top managers of Ford Motor Company in 2006, incoming car czar Alan Mulally had this poser: How well was their legendary company doing?
