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Archive for the ‘Policies’ Category
Is CPF paying foreigners guaranteed returns?

Is CPF paying foreigners guaranteed returns?

CPF: PAP government invests for foreigners, and pays them guaranteed returns from our reserves There appears to be a huge discrepancy between the number of Singapore residents (citizens and PRs) and the total number of CPF members. I have engaged the CPF Board which does not seem to have an answer or it may have preferred not... 

Higher GIC returns again, but more taken from CPF

Higher GIC returns again, but more taken from CPF

The scrooges in the government must be smiling over GIC’s 2015 Annual Report even if most of the improvements did not seem to derive from improved investment performance. The higher returns mean more money for fancy jet-fighters, ministers’ bonuses, vanity projects and at the bottom in the order of priorities the odd crumbs... 

MRT – The truth about the insulator leak

MRT – The truth about the insulator leak

Desperate for an answer, SMRT's Desmond Kuek was obviously clutching at straws when he blamed a heavy downpour the night before July 7 for tripping the sophisticated train system. So obvious that he covered his own lie with a "could have, but then it is not something conclusive". Don't know, say don't know, lah! The army general... 



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