
From Pioneer to Merdeka to potentially Majullah Generation Package: The floodgates are opened and who bears the burden?
The more cynical say it is an exercise in vote buying. The more pragmatic-minded say it is high time for a Merdeka Generation Package, in the wake of the Pioneer Generation Package. Those born in the 1960s – let’s call them the Majullah Generation – say they also deserve a package. In their fifties now, they are particularly...

David Marshall & Lim Yew Hock left out in PM Lee’s speech on ‘Merdeka generation’
Marshall (5th from right) The names and roles of Singapore’s first and second Chief Ministers were left out by Prime Minister Lee Hsien Loong when he spoke of how his late father had addressed a crowd in 1959, where the latter famously shouted “Merdeka!” with a raised fist. Singaporeans (and anyone) who may not be familiar...

VERS and HIP II is an illusionary election carrot merely to benefit the PAP, GIC and Temasek Holdings
Let's put it in numbers. Assuming you "buy" a HDB flat for S$300,000, after 50 years you "sell" it for S$600,000. Theoretically, flat prices start to fall at the 50 or 60-year mark. So the person who "buys" the flat for S$600,000 will see declining value to the flat.So, at the 50-year mark, the flat would be S$600,000. Then: 60-year:...
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