Towards a new Singapore growth strategy
CREATING GOOD JOBS AND HIGH WAGES FOR SINGAPOREANS Summary Our model of funding MNCs in the hope of creating jobs for Singaporeans must change. The new competitive environment requires that Singapore review its policies so that it can comply with international trade obligations to help secure jobs for Singaporeans. The government...
$500 could get one quite far 40 years ago
Forty years ago, this guy walked into a bank to get a car loan. The bank officer asked for his salary. ‘Half a thousand!’ he replied confidently. In those days, a Morris Minor cost about $5,000, no need COE. Practically every young army officer could afford a car and a flat after working for less than 3 years. And many were...
CPF: Did every Singaporean lose $1m?
07.06.2014 Return Our CPF@HLP - Leong Sze Hian Speech at CPF protest In my speech during the CPF Protest (Return My CPF) on 7 Jun at Speakers’ Corner, I said that Singaporeans may be short-changed by about $1 million because we probably pay the lowest real rate of return amongst national pension schemes in the world, historically...
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