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Archive for the ‘Policies’ Category
HDB flat an investment to prepare CPF members for retirement a BIG FAT LIE

HDB flat an investment to prepare CPF members for retirement a BIG FAT LIE

Singaporeans have continued to be fooled by the PAP: HDB is an asset which helps to prepare CPF members for retirement. PAP has ignored the substantial amount in interest costs (table below) which has resulted in retirement funding shortfall for hundreds of thousands of CPF members.  (Amortization calculator) On a loan of... 

Tightening the Screws on Social Media

Tightening the Screws on Social Media

The idea that fake news is the exclusive domain of social media is in itself fake. But with the Select Committee on fake news and ominous words from the top, the writing is on the wall: social media is under threat. Minister K Shanmugam has said more than once that Singapore is “highly susceptible” to the threat of online... 

How PaPpy Creates Problems And Deal With Them!

How PaPpy Creates Problems And Deal With Them!

Recently, we read with dismay that a woman was caught at the airport not declaring GST for the luxury purchases from overseas. This is probably what Yakult said, "Once in 50 years" kind of incident. We know that goods are subjected to GST but it was loosely or never implemented. But why suddenly? Have anyone thought it over?... 



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