Investments can pock kai no issue to GIC, $15 billion guaranteed CPF inflow for GIC annually
GIC manages more than S$400 billion in CPF monies. Thanks to PAP’s constant tweaking of CPF rules, GIC receives about $15 billion in net contributions annually. Besides increase in CPF, GIC also manages additional billions in tax dollars set aside for Merdeka Generation and Pioneer Generation packages, etc. With additional...
Racial Harmony – Where do we draw the line?
The most recent incident started with Dennis Chew impersonating a Chinese man, a Chinese woman, a Malay woman and an Indian man in an advertisement for cashless payment. Unfortunately, the advertisement was greeted with disdain by some netizens who thought it offensive. The question is … why? This is a point I find it hard...
Meritocracy in Singapore tainted badly
“Although faith in Meritocracy is weakening, the ideology will remain a key principle for recognising individuals in Singapore. Though meritocracy is under siege, it has not failed. In the last few years, meritocracy has taken on a negative overtones due to its association with elitism and there has been an ongoing debate...
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