Why did Singaporeans lost money in the CPF investment scheme?
If most CPF Investment Scheme (CPFIS) assets are low-risk, why did some Singaporeans make losses in the last 10 years? There have been some news reports about the CPF Investment Scheme (CPFIS) being reviewed. The reason? Many Singaporeans have tried to invest their CPF money and ended up making losses. Given that the majority...
Why were so many KepCorp subsidiaries incorporated in tax haven countries?
According to Keppel Corporation 2015 Annual Report, a number of its subsidiaries were incorporated in tax haven countries [ link ]. They have since been disposed, liquidated and struck off. . I am curious to find out the reason because Singaporeans have a stake in Keppel Corp through Temasek’s 20% holdings. Although I understand...
How to get a ‘FREE’ iPhone from your local Telco
If you’re willing to skip this year’s new iPhone, you can life-hack your way to next year’s iPhone and get it for free. These days, smartphones are obsolete within less than two years of their release. Keeping up is becoming a financial nightmare. It seems as if you’ve barely taken your iPhone out the box, when tech...
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