Majority of Singaporeans support CPF
I believe I am in the majority who support the Central Provident Fund (CPF) and would even want to put in more money, especially into my Special Account. My reasons are: The rates exceed those offered for bank deposits; and I wish to gain the benefits of compounding interest. But some people lack financial education or discipline. The...
Is ICA letting just about anybody into Singapore?
Suitcase murder suspects (Photo: ST) I refer to the recent news that 3 impoverished men came into Singapore for weeks and survived by selling tissues. I want to ask ICA the following questions: 1. How could these men get visas for so freaking long? 2. We have seen many regional beggars coming into SG to beg and sell tissues...
CPF vs EPF – Comparing apples and oranges?
Mr Leong Sze Hian offered good comparisons between our Central Provident Fund (CPF) and Malaysia's Employees Provident Fund (EPF) on rates of return ("CPF protest draws crowd"; Sunday). While the EPF's 6 per cent interest rate sounds attractive, it is unfair to use that as a benchmark for comparison. Unlike Singapore, Malaysia...
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