Temasek: Over $35b injections from Govt – No CPF?
We refer to the article “Sources of $5b funds to Temasek revealed” (Straits Times, Jul 9). Alas! We know exactly where the $5b injection into Temasek came from? It states that “Temasek had disclosed on Tuesday that it received a $5 billion capital injection from the Finance Ministry during its latest financial year ended...
Gimme The Old Model Anytime
The most popular minister in the cabinet just said that fare hikes are needed to keep bus contracting model sustainable. Makes you wonder if he ever asked himself whether the people needed a more expensive bus contracting model in the first place. Transport Minister Lui Tuck Yew also said the Land Transport Authority (LTA)...
Watching Parliament debate is like watching a horror movie
I managed to catch a couple of minutes of the news when the CPF was discussed. They were talking about the withdrawal of CPF on retirement. The argument went something like this. The govt allowed CPF members to withdraw their money in one lump sum at 55 at a time when life was short. The people were expected to die in 5 or...
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