We Need to Resolve the HDB 99-Year Lease Problem. Here’s How.
Singaporeans have been concerned about the recent announcement by Minister for National Development Lawrence Wong that the value of older HDB flats will decline and, eventually, be worth nothing at the end of their 99-year lease. HDB owners go into heavy debt and spend their retirement savings paying off this debt only to find...
Navy men are professional and courageous fighters but outside of navy, they screw-up and quit?
As the Singapore Navy celebrated its 50th anniversary and commissioned a new warship, PM Lee paid tribute to the men and women in the navy. "We needed a strong maritime force to protect our sovereignty, defend us from seaborne threats, and keep trade – our lifeblood – flowing," he said. "So at Telok Ayer Basin on this day...
Singapore’s inability to help citizens meet basic needs is a such shame
Former GIC chief economist Yeoh Lam Keong Below is the response made by former GIC chief economist Yeoh Lam Keong towards the report by Channel News Asia on the plight of the elderly working poor in Singapore. In spite of the growing documentation of the plight of our working, elderly and unemployed poor by academics, social...
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