Archive for the ‘Civil society’ Category
Why do HDB home loans have higher interest rates than bank loans?

Why do HDB home loans have higher interest rates than bank loans?

Many Singaporeans often get surprised when they compare HDB home loans vs bank loans. Why do HDB loans tend to have higher interest rates? Money Mysteries is a column by Ryan Ong that explores the odd world of money. Where does it all go when you give it to a bank? Why does a potato sometimes cost S$200, or shipping a sofa sometimes... 

Indian writer alleges racism in S’pore in light of MOM curtailing EP applications of Indian FT

Indian writer alleges racism in S’pore in light of MOM curtailing EP applications of Indian FT

Recently, when all the Indian-based software companies in Singapore have received communication on fair consideration, with MOM curtailing their EP applications, Indian nationals have been crying foul. MOM stopped issuing EPs to these companies when it was found that they have a disproportionate number of Indian nationals working... 

Downgrade or Sublet? What’s the Point if Retirees Cannot Make Progress in Life

Downgrade or Sublet? What’s the Point if Retirees Cannot Make Progress in Life

National Development Minister Lawrence Wong said in a Facebook post yesterday that older flats “can still be a retirement asset.” This comes on the heels of an earlier post he made on 24 March 2017 in which he said that at the end of the 99-year lease, HDB flats become worthless as they have to be returned to the government.... 

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