How Pay & Pay can ensure we complain less
You know the PAP administration is rattled when a PAP minister castigates the constructive, nation-building media for reporting the problems that MRT breakdowns are causing commuters. He wants the media to report how Great SMRT is. ST’s editor responded, “If press coverage doesn’t match everyday experience, then the press...
Hara Kiri Khaw uttering rubbish, no medicine can help him now
In what was supposed to be a joint forum on infrastructure maintenance, Minister Khaw seized the opportunity to slam PAP-controlled media for their reports on the recent massive record breakdowns. Khaw has accused the mainstream media of having “turned tabloid”. He even joked about asking reporters to run the train system...
Did CPF members pay manager of CPF funds, GIC, hundreds of million$/billion$ in management fees?
Fund managers disclose their expense ratio or management fees to stakeholders. However, CPF fund manager GIC has been concealing this for decades. Based on PAP’s help-yourself-to-maximum-tax/CPF-dollars policy for PAP elites, managing at least $338 billion in CPF funds must be a lucrative business. Just how much are GIC managers,...
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