Chinese general gives out Mercedes filled with gold
A senior member of the People’s Liberation Army is accused of handing out luxury cars stuffed with gold bars as part of a £3 billion corruption scheme (9 Dec) - A Chinese general handed out Mercedes cars packed with gold bars as part of a £3 billion corruption racket, it was claimed this week, as Beijing continued to promote...
China beats US to become world’s number 1 economy
A Bank of China branch under construction early this year in Guangzhou, Guangdong Province. (Dec 4, 2014) - Hang on to your hats, America. And throw away that big, fat styrofoam finger while you’re about it. There’s no easy way to say this, so I’ll just say it: We’re no longer No. 1. Today, we’re No. 2. Yes, it’s...
Make self-employed CPF contributions mandatory
The Central Provident Fund is an important tool to help citizens accumulate sufficient retirement funds during their active working years. To this end, employees and their employers make monthly contributions to the Ordinary, Special and Medisave accounts. A self-employed person, however, is required to make contributions to...
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