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http://thediplomat.com/2015/02/soft-repression-the-struggle-for-democracy-in-singapore/ Singapore is a curious anomaly within political science. In its status as the wealthiest non-democracy in history, many have anticipated the outcome of the next general election as a watershed moment for the...

http://www.youtube.com/watch?v=y9YL4b_vzL8 Today 7% of HK elderly above retirement age have to work vs 21% in Singapore. The 2 govts have taken on different philosophical stance on the issue. In HK, the govt wants to protect elderly who are frail from having to work and aims to provide a basic...

Last week MP Gerald Giam brought up an important observation abt Medishield in the last 10 yrs the scheme only pay out 66cents for every dollar collected worst than all public medical insurance in the world. Without front loading designed in medishield the risk pooling is within each age group...

http://i.imgur.com/knvsBI3.png Assume the inflation rate of 3% which is the inflation rate of past yrs (this is highly conservative as prolonged use of QE and low interest risk spurring elevated inflation.in the coming years) Assume a nearly incompetent manager is hired to manage the funds and...

There is outrage in HK that 7% of the elderly above 65 yrs old have to work and to solve this problem the legislators are pushing for universal pension to push the figure of working elderly to zero. How many singapooreans elderly and frail are still working? 20%. How can this be when we...

The reason why pap was so well supported in the past was the social contract that existed between the pple and govt. Singaporeans gave up democratic freedoms, rights and workers the power theof independent unions in exchange for economic well being. This contract held right up to the 90s when...

M sgbuffett Elite Member Posts: 4,952 Reputation: 32 GIC uses the your money to get returns and keep the extra returns....compounded over time, the amount of returns they keep is more than the money you get when you retire. Economists call this opportunity cost. If your money is...

Yes, we are all frustrated GIC, over lack of progress in CPF issue but to vandalise public property is not they way to go and wrong...even though the pap has resorted to legal intimidation to silence Roy we must remain calm in the face of such attack and focus on doing what is best for the pple...

In the 86 the pap reduced cpf return from 6+% to 2.5%. Why? If you put aside $100 a month at 6% interest p.a. from age 25 to 65, you will have $191K at age 65 If you put aside $100 a month at 2.5% from age 25 to 65, you will.only have $81K The difference is $110K more than double...

She nurtured you from infancy. Taught you the ABCs. The one who took you to kindergarten, peeked through the window when you cried. By your bed side when you were sick. Help you up when you fell, Love you when you didn't do well. She would die so that you lived, Sacrifice for her...

Shortly after PM Lee said he wanted to encourage workers to work beyond 65 years old. Straits Time published a survey claiming that 70% of Singapore workers are willing to work beyond 65 yrs old....here is the article...

Shortly after PM Lee said he wanted to encourage workers to work beyond 65 years old. Straits Time published a survey claiming that 70% of Singapore workers are willing to work beyond 65 yrs old....here is the article: However a survey by Ranstad was done earlier on 6000+ Singaporeans...

Post: #1 sgbuffett Elite Member Posts: 4,519 Reputation: 31 Do you know why Singapore celebrates Labour Day on 1 May but USA does not? Singapore is one of the countries that recognise not just the importance of workers which is obvious but the centrality of labor in the system...

Above Article describes an interview he had with Straits Times. Interview with Chong Kee Hong He didn't want someone else to get a prize because of a half mark difference although he had already grab one prize for himself. I don't want to disparage what he says and the value system he...

1.. Sporeans contribution rate to CPF is highest in the world for a.pension fund. 2.CPF has one.of lowest if not the lowest return among pension funds. 3. Because much of it is channeled to housing, Singaporean retirement adequacy is among the worst or is the worst among developed...

http://www.straitstimes.com/breaking-news/singapore/story/health-care-costs-hospital-bed-crunch-key-topics-government-forum-2014 Font Text The affordability of health care and the hospital bed crunch were the key concerns of participants at a government feedback forum yesterday evening. Health...

I saw an Anton Casey type incident yesterday. What a Ferrari is doing in HDB estate makes me wonder but the reved his engine and start horning at aged lady trying to get across the road at zebra crossing. Is it just me or is there something about these filthy rich type with love for fast...

How the Pioneer fund is funded can simply be discovered through the revenue and expenditure statement: http://www.singaporebudget.gov.sg/budget_2014/RevenueandExpenditure.aspx Click on the "Topups Endowment and Trust Fund". This is where the $8B appeared. Last year this item was $5.6B...

This is from a chat I have with a taxi driver.... 1. Bank employee was retrenched in 2009 during financial crisis. 2. Thought work for a short term as taxi driver before go back to banking. 3. 2011 try to get job at bank....every bank rejected him. 4. Call his old boss for job...but boss...

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