Reforming the CPF scheme: A look at Malaysia’s Employee Provident Fund (EPF)
The latest announcement by the CPF board to raise the minimum sum to S$131,000 from July onwards has caught many Singaporeans by surprise with netizens criticizing the move as another attempt on the part of the government to dictate how they spend their monies. The widespread unhappiness is understandable as the CPF represents...
Is The PAP A Profligate Government?
With all the publicity about the Elected President, everyone should know that one of the key functions of the President is to protect the reserves of Singapore. In 1984, Mr Lee Kuan Yew said the following at a dialogue session in Tanjong Pagar Community Centre [Link]. If the Government acted irresponsibly, he noted, 'your one...
How To Unsilence The President: The People’s Way
Late last week, one day after former senior and law minister S Jayakumar said that the President was not “a centre of power unto himself”, law minister K Shanmugam released a three-page statement explaining the role of the president. It said the President “has no role to advance his own policy agenda”. Well that’s...
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