Merdeka Generation Package is evidence of PAP failure
Prof Teo You Yenn, Associate Professor and Head of Sociology at Nanyang Technological University, Singapore in an op-ed for Straits Times today, wrote that “introducing one-off, cohort-based rewards is, arguably, not a principled, sustainable, or solidarity-enhancing way to protect people in retirement.” The author of...
The Fall of Net Investment Return Contributions?
Back in 2018, the PAP boasted that the Net Investment Return Contribution (NIRC) has more than doubled from $7b in 2009 to $15.9b in 2018. However, the NIRC for 2019 has dramatically dropped to $3.6b in - which is about half of 2009's NIRC when the world was facing an unprecedented global financial crisis! Under the rules, the...
Top-ups, rebates and bonuses are one-off, GST increase and government smokescreen are forever
Goodies are generously being handed out with this year’s budget. Goodies for the young and old, for millennials and merdeka generation. Is this an election budget? The odds and signals certainly point in that direction. Amidst all the handouts, it’s easy to lose sight of the elephant in the room – the impending Goods and...
|
|
|
|
|
|
|
|
|
- Confusion Says on Death penalty and Presidential clemency
- Observer on The rapidly spreading HMPV virus you haven’t heard of
- Very Siah Suay on Public Housing HDB
- Pappies on The ugly truth about buying a property in Malaysia
- Sheep on Outbreak of mystery virus in China
|
|