71-year-old elderly man gets 4 weeks’ jail for vandalism
The 71-year-old elderly man who was arrested last month for vandalism was sentenced by the court to four weeks' jail today (23 Jun). The man, Loh Thiam Hock, admitted to five counts of committing acts of mischief by using a black marker to write phrases, such as "We support CPF Blogger. Return our CPF Money" on bus panels of...
Inflation hits 2.7% in May, higher than CPF 2.5% interest
In a statement released today [Link], MAS said that the CPI-All Items inflation rate rose to 2.7% (year-on-year) in May last month. In April, it was 2.5%. MAS said the increase is due to "base effects associated with the fluctuations in COE premiums". The 2.7% inflation rate in May is more than the current 2.5% interest rate...
Lim: Use less CPF money to prepare for retirement
At a community event yesterday (22 Jun), Minister in the Prime Minister's Office and Labour Chief Lim Swee Say came up with a new solution for CPF members to beat inflation. He told the reporters that the best way for Singaporeans to prepare for retirement is to use less of their CPF money when they are young. This will ensure...
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