Alternative daily news (59) Losing $313B of our CPF?
Malaysian pension fund declares record payout I refer to the article “Malaysian pension fund declares record payout” (Straits Times, Feb 17). Malaysia’s EPF paid 6.35% It states that “Malaysia’s pension fund has declared a dividend rate of 6.35 per cent for the financial year ending Dec 31, 2013, making it the biggest...
The storm over adjustments to funding in schools
TODAY, 04.02.2014 Much have been said about funding to schools since the Straits Times reported about funding cuts for top independent schools last week. It turned out that the report had inaccuracies that MOE corrected, with more reports subsequently published in the Straits Times, in TODAY, on ChannelNewsAsia and elsewhere....
The problem with the Budget, Mr Finance Minister
Dear Tharman, 1) I find it remarkable that the entire $8b Pioneer Package can be single-handedly financed in just one single year (FY14) budget, without breaking a sweat. To put it in perspective, this $8bn is the estimated sum of the multi-year benefits to be provided to some 450,000 Singaporeans FOR THE REST OF THE LIFE....
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