CPF Minimum Sum to hit more than $500K in 20 yrs’ time?
Yesterday (8 May), the government announced that the CPF Minimum Sum will be raised to $155,000 from 1 July 2014, from the current $148,000. The change will apply to CPF members who turn 55 between 1 July 2014 and 30 June 2015 ('CPF Minimum Sum to be raised to $155,000 on 1 July'). CPF said this is to “cater to Singaporeans’...
Piaggio wants MD to explain & clarify his actions
On Tuesday (6 May), TRE reported that in a recent road rage incident involving a Caucasian, the scooter that he was riding belongs to Piaggio Asia Pacific Pte Ltd ('Road rage incident: Vespa belongs to Piaggio Asia Pacific'). Piaggio Asia Pacific Pte Ltd is a subsidiary of Piaggio, the Italian manufacturer of popular scooter...
PM: FT number growing at slower pace
Prime Minister Lee Hsien Loong At the Malay-Muslim Business Conference held on Wednesday (7 May), PM Lee revealed that the number of foreign workers in Singapore is still growing, albeit at a slower pace. However, he said that the government cannot ease up on the limits it has imposed on foreign worker inflows to Singapore. Small...
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