Archive for the ‘Policies’ Category

How much is CPF collecting from the workforce
The current CPF contribution rate is 16% from employer and 20% from the employee making a total of 36% of the monthly income. Using an average salary of $3,000 and 2 million employees (for simplicity in calculation) contributing to the CPF, just ball park, the monthly contributions work out to be (36% x 3000 x 2m) $2.16b pm...

BCC grade accepted for SG university engineering?
Click to expand. BCC grade admitted to engineering? Our “university insider” alerted us to the fact that according to a university’s Indicative Grade Profile (IGP) – the 10th percentile of students admitted in most of the engineering courses has deteriorated to grades of BCC or lower. Competition from foreign engineers? The...
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