IPS: CPF offers attractive returns with no market risk
According to a new study published by the Institute of Policy Studies (IPS) and professional services firm Towers Watson, Singapore's CPF offers comparatively higher returns with no market risk. Within the CPF, the Ordinary Account currently gives a guaranteed interest of 2.5 or 3.5% for balances up to $20,000. This is significantly...
First time PAP admits may not be able to form govt
(Photo: TODAY) At the PAP rally yesterday (7 Dec), PM Lee urged PAP activists to greater action in the lead-up to the next general election, especially in opposition-held wards in Aljunied GRC, Hougang and Punggol East. He said that in June, he visited several thousand Aljunied residents, who gave him a rousing welcome. Pledging...
Property tax reduction for HDB owners after PAP rally
A day after PAP's rally, IRAS announced today (8 Dec) the reduction of property taxes for HDB owners. All one- and two-room owner-occupiers of HDB flats will continue to pay no property tax in 2015 while those in bigger flats will see reductions compared to 2014, IRAS said. The reduced property taxes will apply from 1 January...
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