Housing loan refinancing problems?
Straits Times, 29 March 2014 - 22 auction sale From the grapevine: A new phenomenon may be making some financial institutions richer and some consumers poorer to the point of possibly going into a default on their housing loans, as may be evident in the apparently increasing number of mortgagee sales. For example, you have...
PM Lee should heed his own advice
Barely a week after Lee Hsien Loong spoke of integrity and the importance of admitting one's mistakes, the Auditor General released his annual report and gave the PM the perfect opportunity to practise what he preached. The report for 2012/13 cites more than two dozen incidents relating to contracts worth almost S$300M where...
Do we still need an under-performing government?
The experiences of Singaporeans today have reached one full circle and is no different from the 1950s generation that lived in hardship, uncertainties – facing poor wage and labor exploitation, bleak housing conditions and limited prospects in upgrading. It was a period of social discontent as the population could not find...
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