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Archive for the ‘Current Affairs’ Category
Why is it that SAF Officers can choose their retirement plans while CPF members cannot?

Why is it that SAF Officers can choose their retirement plans while CPF members cannot?

The AGO report certainly shone a light on something very interesting in my view. This is the unauthorised investment of circa $50m in US Real Estate Investment Trust and Exchange Traded Fund. The interesting bit is not the unauthorised investment which is not uncommon in asset management (usually because authorisation is slow... 

Social disintegration and the Racial Harmony Day wayang

Social disintegration and the Racial Harmony Day wayang

No thanks to PAP’s mindless immigration policy, Singapore’s social fabric is now in tatters. The government has tried to provide an assurance that all is well with social integration but in reality, social disintegration has begun. PAP made a mistake when it allowed hordes of foreigners into Singapore before the original... 

3 big banks, DBS, UBS and Stanchart, serious lapses in AML

3 big banks, DBS, UBS and Stanchart, serious lapses in AML

I can expect the foreign banks to be involved in money laundering activities as many have been charged in the US and fined by the billions. It is looking like the main business of many big banks, to make big money to be paid big bucks. Were UBS and Stanchart also fined in the US for such ‘lapses’, not intentional money laundering?... 



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