Why abandon a strategic national asset?
I received this email from a friend, who has not invested in Hyflux. Hi Kin Lian. Hyflux was once a "national strategic asset" strongly encouraged by authorities to "sink" their precious savings including CPF. It is now "abandoned" by same PAP "elitist" team. I am fascinated by what Indonesian tycoons saw in Hyflux with their...
The CPF fund conundrum
Some CPF facts for you to digest. In 2006 the CPF fund balance was recorded as $125.8B with 1.46 million active members. As of Q3 2018 (latest published figures) the balance is $383.9B with 2 million active members To reach that balance was a mixture of member contributions and investment returns. Starting at $125.8B in 2006...
No promises on behalf of future governments?
Future PM-designate Chan Chun Sing does it again and pontificates that “In Singapore... we don't allow any government to make promises on behalf of future governments...”. Really? If that is the case, I am rather curious and wonder what the future proposed scheme for aging HDB flats like VERS announced will amount to if...
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- Caoliangoh on Pakistan to nuke Israel if…
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- Liar on Pakistan to nuke Israel if…
- unprovoked aggression on Iran’s ‘Terrifying’ New Arsenal Brings Israel To Its Knees
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