Why did Singaporeans lost money in the CPF investment scheme?
If most CPF Investment Scheme (CPFIS) assets are low-risk, why did some Singaporeans make losses in the last 10 years? There have been some news reports about the CPF Investment Scheme (CPFIS) being reviewed. The reason? Many Singaporeans have tried to invest their CPF money and ended up making losses. Given that the majority...
Zika – Invite the mosquitoes for tea
Masagos is complaining that it is very difficult to find mosquito breeding grounds. Many are actually inside people’s homes or inaccessible little corners. Since January to July 748.000 inspections have been conducted by NEA with 44,000 done in construction sites. Look at the numbers again, in 7 months, it works out to more...
In SMRT fatal accident, the buck stopped well short
There was a tragic accident on the tracks of SMRT in March. As if that tragedy wasn’t bad enough, SMRT management decided to create another tragedy by sacking the two staff members, one of whom is the driver of the train involved in the accident. There isn’t much about the other staff member who was sacked. Not sure what...
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