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TR EMERITUS

Untold Hard Truths From Around The World

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Archive for the ‘Opinion’ Category

S’porean pays $8K cash for heart stent ops in c-class ward

Yesterday, I visited a cabbie friend of mine Mark at a public restructured hospital - he suffered a serious heart attack last Sunday. Three of the arteries were blocked with one at 100%. It was a long while since I last visited a hospital and I was impressed with the modern facilities and pleasing decoration of the public...

Is Singapore becoming the next Cayman islands?

Is Singapore becoming the next Cayman islands? A bit about the Cayman islands - In the 1990's, the Cayman island is a haven for people who are in the money laundering service. The low-tax regimes banks on the island allows anyone (regardless of background) to deposit huge amount of money. That amount of money will be used...

Ng Kok Lim rebuts NUS study on CPF sufficiency for SG retirements

(Photo Yahoo!News) I refer to the NUS Department of Economics study concluding that CPF is sufficient for the retirement needs of young Singaporeans joining the workforce today [1]. Adequate income replacement doesn’t mean adequate income The study strives to show that pre-retirement earnings can be adequately replaced in...

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