TR EMERITUS

Phillip Ang * The author blogs at LikeDatOsoCanMeh.      Read More →

Someone shared this article which provides more details about the Tuaspring tender. This was the project that Hyflux won and it became the project that caused Hyflux to get into big financial problems. It appears that the Tuaspring tender put out by the Public Utilities Board only asked for the desalination plant. It was... 

In 2013, PAP drastically reduced the amount of CPF usage for HDB flats with less than 60 years’ lease. The reason: Too much CPF has been used to finance housing. Prices have collapsed and transactions reduced to a trickle. Retirees who had counted on PAP’s asset enhancement scheme to fund their golden  years are all nursing...