Roy is wrong to push for a higher CPF interest rate
This is a short article to briefly discuss Roy Nerng's point on the interest earned by GIC and Temasek, and how interest earned by the sovereign wealth funds should be given back to Singaporeans. While on the surface, this is a very beneficial scheme, it actually hurts the lower income and it benefits the higher income earners....
Too big to fall
And you thought the whole shebang was about shaving off some minutes from your waiting time for the next bus. A little birdie just let it be known that the duopoly of public bus transport operators was losing money in recent times, to the tune of some $40 million a year. You'll never glean this from the published figures, the...
Do residents of opposition wards get ‘double’ help?
We refer to the articles “North East CDC raises S$1m for needy residents” and “Work of GPCs should be made more public, say analysts” (Channel NewsAsia, May 16). CDC raised $1m to help needy residents? It states that “A charity golf and dinner event organised by the North East Community Development Council (CDC) raised...
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