
Mr Leong estimates only 1 in 8 able to meet CPF min sum when reach 55 of age
Leong Sze Hian I refer to the increase in the CPF Minimum Sum (MS) and Medisave Minimum Sum (MMS) to $139,000 and $38,500, respectively, from 1 July. Can’t meet Minimum Sum – can withdraw $5,000? With the scheduled gradual phase-out of the MS withdrawal rule, which is 10 per cent now, to zero per cent on 1 January next year,...

Even new citizens & expats think S’pore is having problems
A share trader stole more than Dhs140 million from an Abu Dhabi company before allegedly locking it away in Singapore and Switzerland The pro-MIW camp and some Ministers here like to diss and dismiss Singaporeans who air their concerns vocally about sociopolitical issues as being anti-government and daft idiots who don’t...

Singapore millionaires have no problems getting home loans
The Internet has been buzzing lately with news that Facebook founder Mark Zuckerberg acquired a loan to refinance his US home, with many wondering why a billionaire such as himself would take out a loan when he can buy the property outright. Interestingly, the practice is not uncommon, even in Singapore where many wealthy...
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