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MONETARY AUTHORITY OF SINGAPORE TELLS BANKS TO PREPARE FOR FINANCIAL COLLAPASE

THEREALSINGAPORE 28 June 2014 - 9:33am

Well, at least someone gets it. While just about every other central bank on the planet is giving everyone two thumbs up on the economy, the deputy chair of the Monetary Authority of Singapore (Lim Hng Kiang) said last night at a dinner that “an uneasy calm seems to have settled in markets” and that “we remain in uncharted waters.” It was pretty amazing, really, to see such pointed language from a central banking official.


SINGAPORE IS STILL WORLD’S FAVORITE MEETING PLACE: STB

THEREALSINGAPORE 28 June 2014 - 9:23am

Thanks to the thriving MICE industry. The Union of International Association (UIA) recently released its 2013 Global Rankings, where Singapore is named ‘Top International Meeting Country’ for the 3rd year running, and ‘‘Top International Meeting City’ for the 7th consecutive year.


YOU HAVE A HIGHER CHANCE OF BEING BITTEN BY URUGUAY’S LUIS SUAREZ THAN BY A SHARK

THEREALSINGAPORE 28 June 2014 - 8:47am

When Uruguay takes the pitch this weekend against Colombia in the World Cup, they will do it without star forward Luis Suarez. Why? Because FIFA banned him for four months from so much as stepping foot inside a stadium for biting Italy’s Giorgio Chiellini. On purpose. While playing soccer. Seriously. To make matters worse, this wasn’t even his first offense. This wasn’t even his second offense. This is seriously the third time that Suarez, who also plays for Liverpool, has bit an opponent during a match.


WHY ARE ALL THE MACDONALDS MANAGERS FOREIGNERS?

THEREALSINGAPORE 28 June 2014 - 8:40am

Dear The Real Singapore , I am writing this article to you regarding the management of macdonald(Mac) Why are Mac filled with foreigner manager but Singaporeans are being controlled under them? I was working with Macdonald while studying in polytechnic for 2 years. During my period working with macdonald I felt very reluctant working under foreigner instead of Singaporean.


GOVT MUST DISCLOSE ALL CPF/GIC LOSSES AND MARKET VALUE OF INVESTMENTS

THEREALSINGAPORE 28 June 2014 - 8:24am

It has taken decades but the government has recently confirmed CPF monies are managed by GIC. “As GIC primarily invests outside of Singapore”, CPF monies are therefore subject to foreign exchange (forex) movements which are beyond GIC’s control. The Singapore currency has been appreciating against almost all currencies during the last decade. As such, there are billions in unrealised forex losses. 


YOU CAN STILL FIRE PREGNANT WOMEN IF THEIR WORK PERFORMANCE IS REALLY BAD

THEREALSINGAPORE 28 June 2014 - 8:16am

The contributor was complaining that they would not fire a pregnant woman despite her poor work performance. Anyway, I just want to point out that it is not true that pregnant women cannot be fired. It is only when there is "no sufficient cause" that it is illegal. So, what Ms Wu needs to do is to collect as much evidence (e.g. video recordings, customer testimony, whatever you can think of) as possible that the woman is behaving with "misconduct inconsistent with the fulfilment of the express or implied conditions of his service" (i.e. she's not doing her job). 


MEDISHIELD LIFE: PREMIUMS INCREASE YEARLY TO AS MUCH AS 189% BY 2019?

THEREALSINGAPORE 28 June 2014 - 8:00am

We refer to the article “MediShield Life review: Premium increase much lower than feared” (Straits Times, Jun 27). Increase in premiums mostly absorbed by subsidies and top-ups? It states that “The increase in premiums which people will have to pay for the better benefits under MediShield Life will not be more than $355 a year, with most of it absorbed by various government subsidies and top-ups.” 111 to 189% increase in premiums? 


PRC MAN BOOKS 4 WHOLE CINEMAS JUST TO PROVE TO HIS EX-GF THAT HE IS NOW RICH

THEREALSINGAPORE 28 June 2014 - 12:13am

A jilted Chinese man spent $40,000 to book four entire IMAX cinemas for first-day showings of the latest "Transformers" movie Friday to prove his ex-girlfriend was wrong when she dumped him for being poor seven years ago, he said. "Hu Xiaoyun: I was so poor when we were in our fourth year at college in 2007 that I could not afford just two film tickets," the man said in a posting on China's Twitter-like Sina Weibo.


DAVINDER SINGH: PM LEE SHOULD GET MORE MONEY AS ROY KEPT DEFAMING HIM AFTER APOLOGY

THEREALSINGAPORE 27 June 2014 - 9:55pm

Following a request made by Roy's lawyer, M Ravi, for more information on the claims that PM Lee would be entitled to aggravated damages, PM Lee's lawyer, Davinder Singh, sent a letter to Roy explaining the claims further. Mr Singh had originally quoted nine points that he argued would entitle PM Lee to more damages from Roy. M Ravi had disputed some of those points and asked to get more information on them. 


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