GIC spend S$1.5 billion on New York tower

Singapore's sovereign wealth fund company managing CPF retirement funds and the country's national reserves today (Jan 25) announced that it has spent S$1.5 billion...

HDB: We lost S$1.64 billion from building HDB flats

According to the Housing Development Board (HDB)'s latest annual report released today (Oct 13), the government lost S$1.64 billion from building new HDB flats...

CPF to claw back S$1.7 million from New Citizen newborn babies

More than 800 new Singaporean citizen babies will have their first taste of betrayal by the Central Provident Fund (CPF) Board with the government...

Minister Josephine Teo: Automatic CPF and Insurance deductions for self-employed

Second Minister for Manpower Josephine Teo had accepted her government's committee, Tripartite Workgroup (TWG), recommendations to force self-employed to pay CPF and insurance as...

DBS’s 5 charts shows why you can never retire at 55 from 2016 onwards

In an exclusive media interview with Singapore Business Review (SBR), DBS Group Research economist Irvin Seah put together 5 charts that shows the impact...

Lee Hsien Loong to take over CPF access and personal data collection

Under a new directive announced today (Mar 20), the Prime Minister's Office (PMO) will take over the government online services agencies under the Ministry...

NUS economist: GIC should return profits made from CPF funds

Speaking at the NUS forum yesterday (Jan 12), NUS economist Associate Professor Chia Ngee Choon called for the Singapore government to return profits made...

GIC would owe S$245 billion if everyone withdraws CPF in 2018

There are good reasons why the actual assets of Singapore's sovereign wealth fund companies are not declared. One is to hide the incompetence and...

Minister Tharman: We will remove Retirement Age eventually

Speaking at the World Cities Summit yesterday, Singapore's Deputy Prime Minister (DPM) Tharman Shamugaratnam responded to ambassador-at-large Dr Tommy Koh's question about abolishing retirement...

Lee Hsien Loong: Singaporeans are supposed to get 0.32% interest rate in CPF

In the press release by the CPF Board under the Prime Minister's Office (PMO), CPF interest rates will continue to be depressed at 2.5%...

Latest article

China exposes hypocrisy of Bilahari Kausikan

Don't throw stones when you live in a glass house, could not be more apt an advice for Singapore's ex-diplomat Bilahari Kausikan. The PAP fascist,...

Minister Gan Kim Yong: I will give up border controls if virus is “widespread”...

Health Minister Gan Kim Yong announced that he is ready to surrender as the economy cost of the virus outbreak is hitting Singapore too...

Lee Hsien Loong spread fake news about finding “link” between clusters

The Singapore government ran headlines of a propaganda claiming that they found "the link" between several major infection clusters. A check with their claims revealed...