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.

Redwire Times Singapore encourages the sharing of ideas. Send us your stories and commentaries, and comment on the stories published. It’s your opinion. If you feel strongly about something, you should speak up. That will make Singapore a better place, if not for us, then for our children.

Click to comment

Leave a Reply

Your email address will not be published.

To Top