TR EMERITUS

DPM and Finance Minister Tharman DPM and Finance Minister Tharman Shanmugaratnam announced in Parliament today (21 Feb) that the employer's CPF contribution rate will increase by 1% for all workers. This will take effect in January 2015. The 1% increase will be channeled to employees' Medisave Account to cope with expected increases... 

Yesterday (19 Feb), Minister for National Development Khaw Boon Wan requested Finance Minister Tharman Shanmugaratnam to direct the Auditor-General to conduct an audit of the opposition-run Aljunied-Hougang-Punggol East Town Council’s (AHPETC) accounts. AHPETC’s auditor, Foo Kon Tan Grant Thornton LLP, had earlier submitted... 

Two senior civil servants were sentenced to jail separately by the courts today (20 Feb). Former assistant director of the Corrupt Practices Investigation Bureau (CPIB), Edwin Yeo Seow Hiong, was sentenced to 10 years' jail for misappropriating more than $1.75 million of public money and committing forgery. Only a small fraction...