‘We must first accurately take stock of where we are’ in helping needy Singaporeans?
I refer to the Ministry for Social & Family Development’s reply “System not perfect but has uplifted life of majority” (Straits Times Forum, Jul 4) to Dr Ng Kok Hoe’s letter (Social workers also tackle structural conditions that lead to poverty; June 27). It states that “Our system is not perfect. But as we...
Why is it that Temasek does not disclose its ‘management costs’ like Norway’s sovereign wealth fund?
I refer to the article “Norway’s $1 Trillion Oil Fund Taken to Task Over Rising Cost” (Bloomberg, Jan 18, 2018). It states that “The ministry said that management costs have risen “significantly over time” and are projected to hit 3.5 billion kroner ($446 million) this year, up from 2.1 billion kroner in 2014. The...
Why is it that the cash component payout under Workfare is so low?
I refer to the article “Review of wage top-up scheme for low-income workers” (Straits Times, Jul 7). It states that “Under WIS, Singaporeans earning a gross monthly income of not more than $2,000 can receive wage supplements of up to $3,600 a year. These are made in the form of cash and Central Provident Fund top-ups.” According...
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