Ageing population and increasing cost of medical care are not reasons to increase premiums
Ageing population and increasing cost of medical care are not reasons to increase premiums. They are excuses. When CPF Board, in consultation with MOH, first calculated how much premium to collect, it had to base it on a set of assumptions. It would have included the demography of the population, number of claims, average bill...
Criminal Defamation by TOC and its writer
The court case of Criminal Defamation by TOC & its writer has opened up a SERIOUS QUESTION on the INTEGRITY of the Police Force! When the police set out to make arrests of TOC Chief Editor & writer, they put up a PUBLIC STATEMENT which claimed that IMDA had reported police over the article. But during cross examination,...
Phasing out the $1000 denomination
I support the government's decision to phase out the Singapore S$1000/ denomination in order to reduce money laundering and terrorism financing risks. I have a suggestion to make too. Unlike the Australian currency, the US currency, the Euro or even the Chinese renminbi, our Singapore currency notes do not have a $20/ denomination....
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