Is our financial fate in good hands?
Extract from this telling article by Reform Party chief, Kenneth Jeyaretnum. “Temasek’s results were announced on 9 July and they were not a pretty picture. While the Board claimed a 1.5% return for the year to 31 March 2019 this was only after translation into depreciating Singapore dollars. In US$ terms the portfolio...
Singaporeans scammed by ‘subsidised’ public healthcare system
In 2014, I highlighted to then Health Minister Gan that “20140820 Privatised public healthcare costs detrimental to citizens“. Gan of course could not reply to some in the face questions, eg why did MOH purchase paracetamol at overinflated prices? On the polyclinic bill, the full amount of paracetamol was “$5.29” vs...
Sort out the CPF mess
The CPF has become a mess. Although the members put in a lot of their savings into CPF, it is not able to produce an adequate retirement income for members. The rules on the use of CPF for housing and the access to grants are extremely complicated. What can be done to sort out the mess? Here are my solutions: a) Simplify the...
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