Old man has only eight dollars on his body when he died
Translated from Lianhe Wanbao by Cheng Siew Peng When a 73 year old man passed away in hospital, he had only eight dollars on his body. The old man's brother has no money to pay for his funeral and called Mr Zheng Hai Chuan to ask for his assistance. The boss of Singapore Funeral Services Mr Zheng Hai Chuan (63 years old) recalled...
Flawed Job Credit Scheme benefits employers more than workers
By Fang Zhi Yuan and Jeremy Koh The much vaunted Job Credit Scheme which costs taxpayers $4.5 billion dollars to save jobs will help employers more than workers. Speaking in Parliament today during the Budget debate, Workers' Party MP Low Thia Kiang criticised the Jobs Credit scheme, saying it will indirectly favour big companies...
How Norway manages its Sovereign Wealth Fund – the Norwegian Pension Fund with transparency
By Fang Zhi Yuan, Senior writer EDITOR'S NOTE: In this short write-up on the Norwegian Pension Fund, I shall use the transparent nature in which it is managed to prove a point that the government's repeated explanation that Singapore's SWFs must operate behind a cloak of secrecy in order to protect its investments are both...
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