Why are the labour statistics non-transparent?
Why are the labour statistics non-transparent? I refer to the article “Unemployment, retrenchments up slightly in Q2 2018: Manpower Ministry” (Straits Times, Jul 27). It states that “Overall, the seasonally adjusted unemployment rate went up to 2.1 per cent, from 2 per cent in the last quarter from April to June. For Singaporeans,...
Temasek’s NIRC less than Budget surplus?
I refer to the 2 full-page colour advertisements by Temasek in the Sunday Times of 29 July. One of the charts indicate that the Net Investment Return Contribution (NIRC) from MAS, GIC and Temasek was about $15.9, $14.1 and $14.4 billion in 2018, 2017 and 2016, respectively. Since there is no breakdown – let us assume that...
Silver Housing Bonus up to 20k: $60k to CPF, $0 to cash?
I refer to the HDB’s three-quarter page color advertisement on page B11 of the Straits Times on 21 July “A roof over your head, an income for life” It states that “Did you know? Right-Sizing – If you sell your existing flat and buy a smaller flat type (up to 3-room flat). You can apply for the Silver Housing Bonus...
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