The Aliens of Paradise
Singapore is home to more than a million foreigners. Actually nearly half of Singapore’s 5m population are foreigners if permanent residents are included. Some were on temporary work passes as construction and manual workers, but many were professional and technical staff in the group called PMETs. The foreign PMETs is a big...
Eircom: Another unwise investment?
Beleaguered Irish telecoms giant Eircom, which is owned by Singapore Technologies Telemedia, is sitting on a mountain of debt Singapore Technologies Telemedia (STT), a subsidiary of sovereign wealth fund Temasek Holdings, must make a tough decision on beleaguered Irish telecoms giant Eircom. According to The Irish Times, an...
CPF Minimum sum and why you will never get all of it
The announcement by CPF board on the raising of the CPF minimum sum to $131,000 and Medisave Minimum sum to $36,000 has taken many Singaporeans by surprise. There seem to be a lot of confusion and misunderstanding about the recent changes made to the CPF scheme. A brief history of the CPF minimum sum: 1. Before 2008, Singaporeans...
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