Invest US$500K to become PR in China
China is planning to relax its immigration laws, reports say. (3 June 2014) Media welcome China's plan to relax its immigration laws allowing foreigners to apply for longer residency rights. According to local media reports, the Organizational Department of the Central Committee of the Communist Party of China announced...
Singapore joins China with dangerous debt level
Pedestrians emerge from the basement levels of Ion Orchard mall, jointly owned by CapitaLand Ltd. and Sun Hung Kai Properties Ltd., on Orchard Road in Singapore on Friday, April 11, 2014. (Photo: Charles Pertwee/Bloomberg) (4 Jun) - Singapore companies’ indebtedness has swelled to the most in Asia after China and India as...
Temasek: We don’t invest or manage CPF savings
Last Saturday's article ("Ways to improve CPF") quoted an unnamed person as saying he suspected the Central Provident Fund Minimum Sum was raised "because Temasek or GIC lost money overseas". Temasek does not invest or manage the savings of CPF members. We believe the CPF Minimum Sum policy, instituted in 1987, aims to help...
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