The clause in the Water Agreement – was it ‘at the 25 year mark’ or ‘any time after 25 years’
Malaysian Foreign Minister Saifuddin Abdullah Malaysian Foreign Minister Saifuddin Abdullah has been quoted as saying that Malaysia will seek international arbitration if Singapore does not renegotiate the 1962 Water Agreement. Up till today, many concerned Singaporeans have been following the developments of this issue: Reading...
Why massive forex losses at GIC will further delay CPF payout
In order for CPF members to withdraw our retirement savings, GIC would first have to divest some assets and convert the amount to local currency. Unfortunately for CPF members, the Singapore dollar has appreciated against most currencies over the past 1 to 2 decades. And 100% of CPF is invested in overseas assets. Forex...
Medical charges for foreign workers
At present, foreign workers have to pay the full medical charges and do not enjoy any subsidy. In some cases, they are treated in A class wards. I find this situation to be quite ridiculous. I am in favor of giving subsidized health care for foreign maids and workers. Here are my reasons. a) The cost of the health care has to...
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