The problem with Singapore’s CPF Life retirement payout scheme
The CPF Life merges two different retirement concepts. (1) Previously, Singaporeans would save part of their wages into the CPF, in which they will take out their monies plus interest at retirement. The idea was that the CPF Retirement Account was your own savings account, so you get to take back all the money you put inside...
How many political parties should Singapore have?
Despite starting with the best intentions, after 60 years we are seeing the long-term negative effects of a dominant single party rule. We also see from the chaos in many western nations that a 2-party polarized system can also be very detrimental with the either-or choice being both limiting and can cause conflict and fracture...
Should the PAP take partial responsibility for Hyflux investors losses?
Now with the PUB's ultimatum hanging around Hyflux's neck and tightening, It looks like the chances of those many thousands of mom-and-pop retail investors savaging some of their investments in Hyflux is as good as gone. Although I accept that all investments carry risks, I also ask if the PAP government should at least be held...
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