CPF investment risks have multiplied, better for PAP to return our CPF
A few years ago, CPF fund manager, GIC, had already acknowledged global asset prices were overinflated. Yet, the government has been channeling additional billions in CPF into GIC. GIC expected market downturn years ago GIC had actually been anticipating a market downturn after 2013, as evident by its shifting away from risk:...
The harm that PAP is inflicting on our children
SINGAPORE STUDENTS SUFFER FROM HIGH LEVELS OF ANXIETY: STUDY – “It emerged that their anxiety levels were significantly higher than the OECD average for all five questions. For example, 66 per cent of students across all OECD countries said they were worried about poor grades at school, but among Singapore students, it was...
GIC into margarine? And teaming up with Jack Ma?
Jack Ma FT reported on Friday that on Thursday, KKR, the giant US buyout firm, and GIC were reportedly coming together to pursue a £6bn bid for Unilever’s spreads business which includes brands such as Flora and I Can’t Believe It’s Not Butter. “KKR and Unilever declined to comment. GIC didn’t respond to a request...
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