Does complex CPF funneling into bonds then reserves result in retirement adequcy?
(In reference to Chris Kuan’s article ‘In political rhetoric Roy Ngerng conflates “reserves” with “CPF”.’) - I do not agree with the complex funnelling of the CPF funds into SSGS bonds, and then into the reserves and the GIC/Temasek Holdings. The funnelling removes the basic essence that the government is using...
In political rhetoric Roy Ngerng conflates ‘reserves’ with ‘CPF’
Did Roy Ngerng read my post earlier today when I said Temasek was talking cock about not managing government savings and their funds are derived from its business as owner and investor? Does not matter because although seemingly similar, the substance is different. I was referring “government funds or reserves”, he was...
‘Walking and cycling town’ a commical scheme by disconnected civil servants?
Phase 1 of Ang Mo Kio's "walking and cycling town" has been opened by our Prime Minister today (9th July). For those uninformed, this is basically a segregated (i.e. separate from footpath), decorated 4km-long cycling path that is connecting to key amenities such as the MRT station, AMK Hub and swimming complex. Almost all homes...
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