The current structured investment products saga that have resulted in many including retirees losing substantial amount of life savings and retirement funds is certainly not going to help the image of the current Singapore government. If no reasonable or satisfactory resolution is agreed in regards to compensation to investors, confidence in the current regulatory body, government, banks and financial institutions are to drop.
I hope the Monetary Authority of Singapore can take more affirmative steps like their Hong Kong counterparts in handling this issue. I have read many from online cyberspaces voicing their displeasure.
We need the leadership of MAS badly.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
新加坡人口400万，亚洲人口4亿，全世界人口6亿。 但是，我一人可能就很有可能是世界最傻的了。我真是个不折不扣的大木头。真是受不了自己。
-
I was at Bugis Junction today and saw 蘇打綠 (Soda Green) performing. They look so much different especially the lead singer. I find their song...
-
Singapore’s Land Transport Authority has just released an updated official MRT map including seven new stations on the Thomson-East Coast Li... -
ST Engineering , world's largest aircraft repair firm, posted 27% rise n 4Q09 net profit as compared to 4Q08. For FY2009, the Electro... -
Despite the implementation of a mandatory plastic bag charge in local supermarkets in July 2023, recent data reveals that consumers still pu...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.