
GIC raided reserves to pay CPF members
GIC raided reserves to pay CPF members after 2011 due to very low returns In his reply to WP MP Gerald Giam’s and other MPs’ questions on CPF, DPM Tharman finally revealed GIC’s 5-year return in Singapore dollar was peanuts at 0.5%. It now appears our reserves had been used raided to pay CPF members 2.5% to 5% returns. DPM...

The Flag as a National Symbol
A flag is just a piece of cloth flown from a mast or pole. Yet, every country in the world has its own flag. This is because a flag is a powerful symbol of a country, its people and most importantly of national pride and patriotism. On Singapore’s National Day, let us give some thought to our national flag. 1. The moon in...

The CPF system has failed Singaporeans
Two elderly cleaners going through their stuff at Tiong Bahru MRT station (left) and a LRT station at Punggol (right). Many Singaporeans speculated that these elderly workers have nothing to do at home so they venture out to work. But ask yourself - will you do these menial jobs after retirement in your 60s and 70s just because...
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