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Archive for the ‘Current Affairs’ Category
Water price hike: PAP giving you one drumstick but collecting two chickens

Water price hike: PAP giving you one drumstick but collecting two chickens

Before the Budget, the mainstream media had already highlighted that the prices of water may go up “to ensure sustainable supply”. What makes it so shocking after the announcement is the quantum of the price hike: households will pay 30% more for their water. Given that the average HDB household consumes 18 cubic... 

More than 1.85 million CPF members have less than $20,000 in CPF Ordinary Account?

More than 1.85 million CPF members have less than $20,000 in CPF Ordinary Account?

In 2015, there were 3.69 million CPF members. According to MOF, more than 1.85 million CPF members do not even have $20,000 in their CPF Ordinary Account. MOF: “More than half of all CPF members earn 3.5% per year on all their Ordinary Account (OA) balances” (see image below). Source: MOF In order to earn the stated interest... 

CPE Report Confirms The Death Of Innovation!

CPE Report Confirms The Death Of Innovation!

I read somewhere, there are 5 ministers with over a 100 professionals taking 12 months to churn out the future of Singapore in a report. Then I read somewhere, that the report recycled information from older reports, no breakthrough or fresh strategies or ideas and still sticking to 1-3% growth as forecasted for so many... 

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Most Recent Comments
  • Out of touch: Look like Policy maker is out of touch with the common man,especially the bottom 30% and retiree…...
  • Abolish Water Tax Please!: 30% increase in water pricing will hurt many low and middle income families. Time to...
  • Check it out: My friend runs a foodstall with his wife and a relative for some years now. He said his takings have...
  • hhh: The rate that PAPPY is raiding our bank accounts through all these price hikes and changes to CPF, Medisave...
  • Migrate, migrate: The Budget has proven that my decision to migrate to Australia is correct. Cheaper housing, cars,...
  • Funding the next GE: Te Budget is a massive fund raising exercise for PAP for the next GE. They know Singaporeans...
  • Robert Teh: Where are our land sale and HDB profits? Where are our COE. ERP, Carpark fees, road tax, development...
  • Use HDB to "drain" CPF: Not surprised many Singaporeans have less than $20,000 in their CPF. When he became PM L*L...
  • Naive English-Educated People: Cynical Investor: Exuse me. If the Japs had been Muslim would your dad have...
  • Preparing for 6.9m: PAP has not said it but the real purpose of raising water rate is to raise funds to build more...
  • Naive English-Educated People: Mr. Goh Meng Seng, Anything that involves Indians, be it in Paki or India or Sri...
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