Monthly Archives: March 2010

ST Engineering – Annual Report 2009

The following key indicators were extracted from the annual report of Singapore Technologies Engineering (ST Engr) for the year ended 31 December 2009.     2009 Change over 2008 Turnover $5.55b + 4% Profit to shareholders $443.9 m – 6% … Continue reading

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Interest rates remained low for US and Japan

On Tuesday, the Federal Reserve Board (Fed) kept its interbank overnight rates between zero to 0.25 per cent range. This rate had been in place since December 2008. It also pledged to keep these low interest rates for an “extended … Continue reading

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Feeding the Frenzy

A favourite pastime of Singaporeans is real estate property viewing. They will spend their times over weekends and take time-off from work on weekdays viewing show-flats of new property launches. The latest report in the news was the sale of … Continue reading

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COE and STI

Motorists wanting to drive a car on Singapore roads must bid for the Certificate of Entitlements (COE). There will be two COE Open Bidding exercises in a month. The bidding exercises are held on the first Monday and third Monday … Continue reading

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The earlier years

During my 25 years of working, I did not have spare cash for equity investment. There were mortgages to pay. Back then, salaries earned were used mainly to reduce mortgages. It was a relentless effort to reduce principal amounts owing … Continue reading

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Read Chairman’s report and CEO’s review

The annual report provides details of financial performance of the past year. It is a historical record of past year’s revenues and expenses and the financial position as at the last date of the last financial year. It is just … Continue reading

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