MediShield Life – No need to pay one, it is free
PM Lee on MediShield Life "Mr Gan said that working adults should not need to fork out any extra cash to pay for the new MediShield Life. That is because the Govt intends the individuals to pay the higher premium entirely from his Medisave. He said that the individual’s annual Medisave contributions should be enough to pay...
Spending OPM is so easy
F-16 Fighting Falcon Singapore would be spending more than $2b to upgrade the fleet of F16s in service now. With better avionics and weapons system, would the upgraded F16s be good enough to stand in for the trouble stricken F35s until they are proven to be as good as they are made out to be? Or would this $2b plus be on top...
Why banks tested for 50% plunge in property prices
Singapore banks are so well-buffered that they will be able to withstand even a 50 per cent plunge in property prices here if this were to occur over the next two years, say stress tests done by the International Monetary Fund (IMF) and the Monetary Authority of Singapore (MAS). (BT late last yr) I waz wondering when I read...
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