Lui Tuck Yew flexes his muscles before GE
What, me worry? The first reaction to the news was like, desperate times require desperate measures. "The reports of my death have been greatly exaggerated ..." was occasioned by erroneous newspaper accounts of Mark Twain being ill or dead. Speculation about Lui Tuck Yew being out of the sweepstakes race has been torpedoed by...
Is CPF paying foreigners guaranteed returns?
CPF: PAP government invests for foreigners, and pays them guaranteed returns from our reserves There appears to be a huge discrepancy between the number of Singapore residents (citizens and PRs) and the total number of CPF members. I have engaged the CPF Board which does not seem to have an answer or it may have preferred not...
Higher GIC returns again, but more taken from CPF
The scrooges in the government must be smiling over GIC’s 2015 Annual Report even if most of the improvements did not seem to derive from improved investment performance. The higher returns mean more money for fancy jet-fighters, ministers’ bonuses, vanity projects and at the bottom in the order of priorities the odd crumbs...
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