
Can’t compare CPF rates with Malaysia’s EPF
Although it has been repeatedly pointed out that Central Provident Fund (CPF) interest is not the same as investment income, the confusion persists at a recent protest ("CPF protest draws crowd"; last Sunday). It is the legal distinction between a depositor and an investor that makes it clear what benefits accrue to each. Had...

A butterfly on a wheel – Roy now a celebrity in SG
Butterfly garden at Changi Airport (13 Jun 2014) - ROY NGERNG YI LING does not look like a dangerous radical. An affable, earnest, rather wonkish 33-year-old, he was until June 10th a “patient co-ordinator” in one of Singapore’s public hospitals. He plausibly describes himself as “naive”. Mr Ngerng, however, is now...

US offers Singapore F-16 training deal worth $251 million
F-16 Fighting Falcon (13 June) The US Department of Defense has notified Congress of the possible extension of Singapore’s Lockheed Martin F-16 training programme in Arizona. A release by the Defense Security Cooperation Agency has said the five year, $251 million contract would extend the Singapore air force’s Peace...
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