TR EMERITUS

While I commend the requirement for businesses to post job vacancies on the national Jobs Bank for at least 14 days before applying for an Employment Pass, it is left to be seen if the initiative is going to be successful ("Jobs Bank kicks off with 16,000 positions"; Tuesday). The gauge of success is not so much the number... 

ICA is collecting about $140 million dollars every five years for issuing passports. This is based on the following assumptions and estimates: Population = 2 million Cost per passport = $70 Renewal compulsory every five years Total revenue collected every five years = 70  x 2 million = $140 million. This sounds like an awfully... 

Minister Ng Eng Hen This doctor says: ‘MOF has taken on our liabilities. What MOF does with its money is MOF’s consideration but the Government takes over the liabilities of CPF Board that promises a risk-free rate to members. That is how it works.’ Simple logic says MOF and CPF are subsets of our ‘honorable’ government....