Govt’s SSGS is technically not a ‘bond’
DPM Tharman on SSGS in Parliament (8 Jul): "Investment returns in excess of the SSGS rates... are not simply hoarded away in our reserves. 50% of the returns from our reserves flow back to our annual Budget... This currently adds about $8 billion to the Budget annually... CPF monies are invested in SSGS that are guaranteed...
ST should be more honest in its analysis of NLB saga
Straits Times appears to be supportive of the LGBT movement. It has been giving prominent coverage of the NLB episode, trying to sustain and prolong this issue. A few days back, ST editorial even wrote about NLB issue, effectively saying that it is not NLB’s role to ‘censor’ such materials. In today's Opinion page, Tan...
PAP at one time was quite well liked by many…
PAP at one time was quite well liked by many especially by those senior folks. But whatever the PAP leaders do nowadays, it looked like they are out of touch with society because all they can only think of is money, money & more money for more dignity. First many Malays hate PAP for leaving them in the lurch especially when...
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