Uncle Leong crosses swords with MP Zainal Sapari at forum
PAP Labour MP Zainal Sapari of Pasir Ris-Punggol GRC At a forum organised by the Centre for Research on Islamic and Malay Affairs last Friday (1 Mar), the panelists debated for nearly two hours on the merits of the Wage Credit Scheme (WCS), which was introduced by DPM and Finance Minister Tharman as part of Budget 2013. The...
Uncle Leong comments on Budget 2013
Budget 2013: Real wages will increase? Disposable income drop for some? I refer to the Budget 2013 speech. Employers will share productivity gains? The core strategy to increase the real wages of lower-income Singaporeans may be fundamentally flawed, because of the assumption that employers will share most of their productivity...
Uncle Leong: ‘CPF enough for retirement’ study too idealistic
Leong Sze Hian I refer to the report “Prudent housing choices ensure enough CPF savings for retirement: survey” (Channel NewsAsia, Nov 14). http://www.channelnewsasia.com/stories/singaporelocalnews/view/1237171/1/.html It states that “And men earning median incomes at the 50th percentile should be able to replace 70 per...
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