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...
Elected President – My last post on this issue?
I thought I have written enough on this thing with my last post yesterday but someone prompted me to look at it from another angle. And this view is an answer to what Shanmugam said about our EP becoming a laughing stock. Shanmugam was quoted in the media to have said, ‘The scenario of an individual who steps forward to run...
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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
- PAP mandate strong on Pakistan to nuke Israel if…
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