‘Adverse opinion’ for PA financial reports for years
I refer to the article “BREAKING: Auditors give adverse ratings to PA’s financial reports” (TR Emeritus, Feb 20). “Adverse opinion” vs “disclaimer of opinion”? It states that: "This is the second year that the Auditor has submitted a disclaimer of opinion on AHPETC’s Financial Statements. Moreover the Auditor...
Yee Jenn Jong supports SIT Bill
Mr Yee's speech in Parliament on 17 February 2014: Mr Deputy Speaker, I rise in support of this Bill. The Prime Minister has announced last year the creation of two new local universities, the Singapore Institute of Technology (or SIT) and the Singapore Institute of Management University (or UniSIM). They will be Singapore’s...
CPF – Simple & effective to complicated & failed
When the CPF was first introduced it was a simple savings scheme for retirement. You put some money aside and when you retired you take everything out at 55. Simple and neat. Under that system and at one time at 25% + 25%, if I am not wrong, the savings grew rapidly, helped by 6% or 7% interest rate. Everything was fine, really....
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