AIM – Gone, Resurrected and Gone again
One of the more sordid political sagas that we have seen in Singapore over the last decade was the sale and lease-back by 14 PAP Town Councils of their IT system to a PAP-owned shell company, Action Information Management Pte Ltd. The justifications put forward by the PAP after the sale came to light were unsatisfactory to...
Flaws of a communist system
Over the past decades, the communist system had produced several flaws. But they have learnt and adapted. So, the communist system today can produce a better outcome for the people compared to a democratic system. Here were the flaws in the past: a) There was no freedom of speech. b) The people did not have much choice in their...
CPF inadequacy reflects failure of PAP’s policies
PAP says it needs to increase the Retirement Sum (or the CPF Minimum Sum) to ensure Singaporeans have enough to retire on. But is it determining the Retirement/CPF Minimum Sum that will guarantee your monthly payout, or is determining the actual CPF Life monthly payout that will guarantee your monthly payout? If it is determining...
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