Singapore in Brief

SingTel CEO Snags Million-Dollar Salary even as Company Performance Slides

SingTel’s net profit dipped by over 12 percent. But SingTel Ceo Chua Sock Koong bagged $4.6 million last year, a drop from the $4.9 million which she earned in 2012. This doesn’t include the returns on the value of her shares.


Clocking a 13 percent increase in net profits, Singapore Airlines rewarded its CEO Goh ChoonPhong with a 50 percent pay raise, bringing his salary to $2.6 million.OCBC subsidiary Great Eastern profits dropped 43 per cent from $1.2 billion to $675 million. But that didn’t stop the company CEO Christopher Wei from increasing his wages to $4.3 million – a 4 percent jump.


These findings were culled by the Straits Times.

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