TR EMERITUS

The issue of 26 defective China-made SMRT trains has been making headlines since 5 July after this was reported by investigative journalism site Factwire. Since then, MOT, LTA and SMRT with the assistance of MSM (not stat board) have continued to issue statements as if social media did not exist: it was right to withhold information... 

I refer to Deputy Prime Minister Tharman Shanmugaratnam’s suggestion that the retirement age has to go at some point allows older workers to continue working if they wish to, given that each generation is healthier than the previous. While I welcome this, I also have a suspicion that it sets the stage for raising the drawdown... 

Is GIC as good a fund manager as PAP claims or has it been reckless with our CPF? One way of assessing GIC is to look at how it manages its largest investment, UBS. This will give one an idea of how smaller investments are managed. In the case of its $14 billion UBS investment: – it had clearly thrown caution to the wind and –...