Monthly Archives: April 2012

SMRT Financial Results FY2012

SMRT released its financial results today for the financial year 1 April 2011 to 31 March 2012 (FY2012). Key Performance Numbers Revenue $1,057.2 million (previously $969.7 million, up 9.0%) Operating expenses $930 million (previously $794 million, up17.2%) Net Profit $119.9 … Continue reading

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Chinese Yuan against USD and SGD

American politicians have always maintained that Chinese Yuan (CNY) is undervalued, thus resulting in Chinese exports having unfair advantage over other countries’ exports. Has the Chinese central bank taken action to address this concern? Let’s take a look at US … Continue reading

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How to live with limited funds?

Inflation is eating into our savings. It is harder to make decent returns on investments. Some investments are losing money. If you are like me planning retirement and trying to live out your limited reserve, what can you do to … Continue reading

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Coping with volatility

Back in 2008, I came face to face with extreme fear. With the sudden bankruptcy of Lehman Brothers Inc, the world stared at the near global collapse of financial systems. I was invested then and value of investments was declining … Continue reading

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Aussie dollar weakened further

The recent blog post on currency fluctuation was written 13 April 2012. Singapore dollar strengthened against most major currencies on that day. Since core inflation remains elevated, the Monetary Authority of Singapore (MAS) decided to tighten its monetary policy to … Continue reading

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First quarter 2012 results (Part 1)

Companies had started reporting their financial results for the quarter covering 1 Jan to 31 March 2012 (First Quarter 2012). The following table provides information on net profit attributable to shareholders and year-on-year change between current period in 2012 against … Continue reading

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Latest GDP forecasts- World Economic Outlook April 2012

The International Monetary Fund (IMF) released its latest half-yearly global economic forecasts in their World Economic Outlook (WEO) report yesterday. When I reported the World Economic Outlook in September last year, the tone and language used to describe the global … Continue reading

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