The Housing Mess or Housing Achievement?
25,000 BTO flats will be built this year. And now Boon Wan is saying tens of thousands of rental flats are needed and building of rental flats must also be ramped up. Are these happy problems or manifestation of infested problems in public housing that are surfacing today? With 25,000 being built and the demand is still growing,...
What is next in economic policy rethinking?
Global economy turned amber this week. Uneven economic data emanating from the US point its frail recovery, Europe erupted again in sovereign debt worries, China is slowing a little as copper, and the “PHD” forecaster of economic barometer says global economy is sliding into a slow patch. Japan is in recession now absorbing...
A comparative analysis of real CPF returns and other provident funds
Compulsory Peanuts Fund? "If that is the case...does the Government short-change Singaporeans by giving CPF members 3.5 per cent of the interest rate while the GIC makes 9 per cent (and) pockets the balance of 5.5 per cent?" -Worker's Party Secretary-General Low Thia Khiang, parliamentary session on 18th Sept 2007. "Sir, the...
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