Should the PAP take partial responsibility for Hyflux investors losses?
Now with the PUB's ultimatum hanging around Hyflux's neck and tightening, It looks like the chances of those many thousands of mom-and-pop retail investors savaging some of their investments in Hyflux is as good as gone. Although I accept that all investments carry risks, I also ask if the PAP government should at least be held...
CPF trial balloon: Time for Singaporeans to vote for transparency and accountability
Issue with CPF has always been huge retirement funding shortfall. Since decades ago. PAP has never addressed this issue. Instead, additional billions have been channeled to GIC by: – delaying payout, – increasing Minimum Sum balance, – allowing wealthier citizens to park more funds in the Retirement Account (Enhanced...
Every asset owned by Temasek belongs partially to CPF members
With total control of Parliament, 100% of our CPF became government loans. It can be said that without our CPF, Temasek would not be managing hundreds of billions today. Despite having used our CPF, every profitable GLC has been transferred to Temasek whose senior management are rewarded with double-layered obscene bonuses. Clearly,...
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