CPFIS: Only 49% had profits above 2.5%?
I refer to the article “Most members in CPF Investment Scheme made a profit in 2016” (Straits Times, Sep 28). It states that “The board has changed the methodology it uses to measure performance to get a more rounded idea of how members’ investments made through Ordinary Account savings are performing. Besides excluding...
LTA and SMRT must shoulder the blame and be held accountable for persistent MRT issues
LTA, SMRT should take the blame. It is strange to read the excuses that the Land Transport Authority (LTA) has been giving for the shutdowns of our train system. First, it was the signalling system’s fault. Then, it was the track’s fault. With Saturday’s flooding of the tunnel, resulting in a major shutdown of the North-South...
Job statistics: No breakdown into Singaporeans & PRs?
I refer to the article “Financial firms go big on training for local staff” (Straits Times, Oct 11). It states that “He said more than eight in 10 of the PMET positions in the industry are filled by Singaporeans and PRs. For instance, 92 per cent of DBS Group’s Singapore workforce are Singaporeans and PRs. The figure...
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