
Interest cost and stagnant property prices will wipe out CPF used for HDB housing consumption
The PAP government has often reminded CPF members on the need to be adequately prepared for retirement. But on the other hand, CPF members are encouraged to consume our CPF for housing. Common sense tells us that the only roof over one’s head isn’t an investment; only a second or multiple properties owned by the rich...

A Shocking Window Into The Institutional Corruption That Pervades Singapore Inc
Quietly over Christmas the US Justice Department announced that it had reached a deferred prosecution agreement with Keppel Offshore and Marine. Under the agreement Keppel O & M, a unit of Keppel Corp, will pay $422 million to resolve charges that it paid $55 million in bribes to Brazilian politicians to win business from...

Why Transfer Domestic Workers Are Getting More Popular?
As the need for domestic workers is increasing in Singapore, some households have turned to hiring transfer domestic workers (aka: direct hires). These are foreign domestic workers (FDW) who are already living in Singapore and are looking for new employment. There are a few reasons why people are opting to hire transfer domestic...
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