Singapore rated “AAA” for creditworthiness, but little concern for CPF holders

US-based credit rating agency Moody yesterday (Dec 8) rated Singapore "AAA" for creditworthiness and gave a "stable" outlook for the country's economy. The "AAA"...

Parliament: Transfer your CPF to your parents and grandparents

In a press release by the Ministry of Manpower (MOM) today (Oct 2), the PAP-majority Parliament has proposed changes to the CPF Act to...

Insufficient CPF a major cause behind 19% jump in Singaporean elderly suicide

According to the latest statistics from the Samaritans of Singapore (SOS), more Singaporean elderly are turning to suicide to avoid financial hardship and poverty....

NTUC: Increase retirement age beyond 62

Singapore's government-controlled labour union today (Feb 25) called on the government to increase retirement age beyond 62 for different industries to "allow workers who...

Lee Hsien Loong quote his father to fix the Presidential election

"This is not a Malay Singapore, not an Indian Singapore, not a Chinese Singapore. This is for everyone." Quoting his father Lee Kuan Yew, Prime...

Lee Hsien Loong replay videos of dead father to gain support

To salvage his declining popularity, Prime Minister Lee Hsien Loong replayed videos of his deceased father's election rallies at his National Day Rally speech...

Ministry of Finance: CPF is social security system

In response to criticisms on the CPF system, the Ministry of Finance defended the broken retirement system claiming it is a "key pillar of...

Former PAP Minister: Don’t expect the same pay even when working “as long as...

Speaking at a NTUC event for training programmes, former PAP Minister Lim Boon Heng said Singaporeans should work "as long as possible" but don't...

Poverty among Singapore elderly doubled

Singaporean elderly are finding it harder to retire and are selling their HDB flats to the Singapore government to alleviate poverty. The take-up rate...

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...

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Ignorance is not a virtue

I was born in a society where I often hear "ignorance is bliss". In Singapore, I hear the same phrase from the teachers when...