HDB lease buyback – $1.1m loss per Singaporean?
Taxi driver Tan Ah Tee, 65, and his wife Ong Soh Har, 62, prefer to keep their flat so they can leave it to their children. We refer to the article “HDB Lease Buyback Scheme changes: More cash a draw, but some prefer to bequeath their flats” (Straits Times, Sep 4). “Bend over backwards”? It states that “The revamp...
Lower-income may double their Toto bets? $3.8b surplus?
The chances of winning the jackpot, however, fall from 1 in 8.14 million to 1 in 13.98 million with the changes introduced. We refer to the article “Larger jackpot with more prizes for TOTO from Oct 7” (Channel NewsAsia, Aug 28). Betting amount increase 100%? It states that “In changes that will take effect from Oct 7,...
Turning Singapore into a smart nation
There is this article by a Jenson Goh in the Today paper on this topic and titled ‘Developing the “heartware” for a Smart Nation. What does this mean, a nation of smart people or what? According to Yaacob Inbrahim, a Smart Nation starts with the hardware, ie tapping on the potential of infocomm and media. This is definitely...
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