Jos Teo’s double standards
Senior Minister of State for Finance and Transport Josephine Teo was also present. She addressed one participant's suggestion that national servicemen should be paid more. While she noted the importance of giving NSmen recognition, Mrs Teo said service for the country cannot be measured in dollars and cents. One for people...
CPF: Where are the state’s obligations, Mr Lee?
PM Lee By now most know the thick and fast blowback on NMP Chia Yong Yong’s Parliamentary speech that CPF savings should not be viewed entirely as belonging to CPF members. However, the writer suggests it is less a legal position taken by the NMP but much more the wrong way to press a point: the responsibility of spending...
Govt’s spending gap: Now you see it, then you won’t
DPM Tharman Now that we know the government has a $6.67b shortfall in its budget, isn’t it fortuitous it is announced effective from 2017 the application of the expected long term rate of return rule to Temasek’s share of the Net Investment Return Contribution which can make that fiscal shortfall disappear, as if...
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