How many workers earning less than $1,000 get NWC’s $60 increase?
A cleaner mopping the floor in Ang Mo Kio Hub. For the third year in a row, the National Wages Council has singled out low-wage workers and recommended they receive a minimum amount of pay increase. (Photo: ST) We refer to the article “National Wages Council recommendation: $60 pay hike for workers earning under $1,000”...
Xenophobia, your money and Humpty Dumpty
In response to questions by the media of the possibility of sounding xenophobic due to the use of the words in the party’s name, “Singaporeans First”, Mr Tan Jee Say said that the words were not meant to disservice foreigners or put locals at the forefront. Rather, it was meant to signify the intention to treat all Singaporeans...
82% lost money investing their CPF?
We refer to “Realistic ways to raise CPF returns” by Benedict Koh (Straits Times, May 30). CPFIS: 82% did not make profits in excess of the OA interest rate? It states that “So far, those CPF members who have risked their savings have not done very well. Almost half of CPFIS-OA investors (47 per cent) incurred losses on...
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