
Sort out the CPF mess
The CPF has become a mess. Although the members put in a lot of their savings into CPF, it is not able to produce an adequate retirement income for members. The rules on the use of CPF for housing and the access to grants are extremely complicated. What can be done to sort out the mess? Here are my solutions: a) Simplify the...

PAP’s weak leadership and poor policies will show up in weak economic times
The numbers are out and they are indeed very sobering - our non-oil domestic exports (NODEX) suffered a double-digit fall in June again, making it the fourth straight month of decline. Going forward, it is hard to avoid a technical recession. For many companies, orders are down, economic activities have shrunk and employment...

Deal with the impending recession
Singapore is expected to enter into a recession. It is likely to be worse than projected by the finance minister, Heng Swee Keat. What can be done to deal with this challenge? I like to suggest the following steps. a) We must make sure that many workers continue to have jobs. It is inevitable that some workers will be retrenched...
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