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Budget 2019 – possible to abolish GST

Budget 2019 – possible to abolish GST

I searched the MOF website for details of the revenue and expenses for Budget 2019. I found many colorful charts and figures showing how the government is taking care of the needs of various groups of people.  Here is an example. I searched for the actual figures on the revenue and expenses. I wanted to see if it is possible... 

Have a ribbon in the passport

Have a ribbon in the passport

Over the years, I realised that one of the time consuming process for immigration at checkpoint was when the officer need to flip through the passport to look for the entry immigration stamp of bearing the latest date. Before I left for my Europe trip last year, I added a ribbon on my passport cover. Some immigration officer... 

Serious and fundamental flaws in how our CPF funds are allocated

Serious and fundamental flaws in how our CPF funds are allocated

The size of Singapore’s CPF fund as of Q3 2018 was $383.9B, equivalent to approx. US$284B with 2 million active members and approx. 800,000 retirees. We recently heard that the average return is a few hundred dollars for a maximum of 30 years. (incidentally our CPF fund is the 8th largest “pension fund” in the world when... 



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