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TR EMERITUS

The Voice Of The Lunatic Fringe

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Author Archive

Hyflux Saga – Who killed Hyflux?

The Answer is pretty obvious - Government Agencies PUB, SP and EMA Long and short of it, Hyflux made the terrible mistake of stepping into the minefield of competitive supplier market vs Monopoly buyers in both Electricity and Water industry. What makes it worse is that EMA controlled and manipulated its monopolistic power over...

Depleting our CPF = Saving for retirement?

Phillip Ang * The author blogs at LikeDatOsoCanMeh. Read More →

The problem with Singapore’s CPF Life retirement payout scheme

The CPF Life merges two different retirement concepts. (1) Previously, Singaporeans would save part of their wages into the CPF, in which they will take out their monies plus interest at retirement. The idea was that the CPF Retirement Account was your own savings account, so you get to take back all the money you put inside...

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