Daily Briefing: Sembcorp unveils big plans for India; Investors file complaint against A2A Capital Management

And here are the things you should avoid if you want to earn passive income.

From Motley Fool: Sembcorp Industries’ power capacity in India has ramped up from zero in 2006 to an impressive 3,611 mega-watts (MW) in 10 years. India’s contribution is now significant, given that the total power capacity of Sembcorp Industries stands at around 11,000 MW.

From PropertyGuru: Following an injection of over $1m from 2011 to 2014, five investors have filed police reports against A2A Capital Management, after they failed to receive returns for their investments in the company’s land-banking schemes. The property development and investment company’s land-banking schemes offered generous returns for cash investments in real estate in Canada and the US.

From Dollars and Sense via Yahoo!: Singapore is an expensive city to live in. Every now and then, we will come across a news report or article placing our island nation as one of the most expensive, if not the most expensive, places in the world to live in. In fact, the EIU (Economist Intelligence Unit) once again, for the third straight year, place Singapore as the world’s most expensive city. The solution to this – passive income.

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