It was reported in the news that Temasek Holdings shareholders rate of return for fiscal year ending 31 March 2012 was 1.5%.
With all their financial experts and specialists, the rate of return did not look impressive, considering a Australia Dollars fixed deposit interest rate as at 6 July 2012 is 3.315% (for amount more than AUD250,000).
Notably, a CPF ordinary account interest rate for 2012 is 2.5%.
It would appear that there were some losses and some exceptional profits, giving a mediocre rate of return.
Ref: Today Online dated 6 July 2012
Saturday, July 7, 2012
Sunday, July 1, 2012
Wan Ton Noodle
This is another gem at Bukit Merah View Hawker Centre. It sells wan ton noodle, dumpling noodle, chicken shred etc. The shop is Wang Ji Wan Ton (Depot Road). I supposed the shop orginates from Depot Road.
The quality of the wan ton and dumpling is good. The stall owner takes special effort to cook the noodle. The effort can be commended and the result is a skillful piece of culinary. The price of the noodle is also reasonable. I have seen many air-con food courts that sell wan ton noodle. They were run by foreigners and the quality of food was left to be desired. Wang Ji sells wan ton that was cooked with a heart. The good thing is that it is not crowded and the quality maintains. Highly recommended.
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