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| 163 | | Hit by the Hikes- Creative Cost Cutting |
SINGAPORE: Courier company boss Wilson Gomas found himself in a bind this week - before he could even decide if higher petrol and Electronic Road Pricing (ERP) costs could be passed on to customers without a drastic drop in business, three of his 14 dispatch riders threatened to quit if he didn't increase their transport allowance. |
| Thursday, 10 July 2008 |
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| 164 | | Insider Trading - A S$32,000 Fine |
SINGAPORE: The Monetary Authority of Singapore (MAS) has imposed one of its heaviest civil penalties ever on the former financial controller of Cosco Corporation Singapore, Teo Chuan Teck, by fining him $320,000 for insider trading - acting on price-sensitive information that is not generally available to the investor-at-large. |
| Thursday, 10 July 2008 |
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