The Lack Of Inter Generational Wealth In Singapore For Commoners
Singaporean who work hard in their entire lives don’t get anywhere as compared to citizens in other countries. Home ownership is 99 years and a Car is valid for only 10 Years.Are singaporeans buying into an asset system or a rental system? Both are definitely different and carry different prices. In many countries people...
Why do we keep decreasing the government’s share of the costs per university student?
My regular insider ES sent me the following very interesting information from 1985:- In 1984/85 – the National University of Singapore’s (NUS) tuition fee for the Science Course was only $1,000 or just 6.7 per cent of the average recurrent costs of $14,827 per student. Does this mean that the government’s share of the...
May Day award: 398,100 local jobs, 676,900 foreign jobs, 499,508 newPRs, 230,916 new citizens?
I refer to the article “A man who believes that having a job is the best welfare” (Straits Times, May 6). It states that “The former NTUC secretary-general has been given the highest honour at the May Day Awards this year – Distinguished Comrade of Labour. Mr Lim also recalled in his interview with the blog how his experiences...
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