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Monthly Archives: August 2007

Extravagant help for the needy?

By Leong Sze Hian The ChannelNewsAsia report “50 needy households receive free electrical appliances” (29 August) (link) said that: “Needy residents in the South West District received various free electrical appliances on Wednesday due to an initiative by the South West Community Development Council and appliance manufacturer Akira. Akira has donated S$120,000 worth of appliances for 50 low-income households. A …

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US ambassador says “US will fight” if China invades Taiwan

By Gerald Giam If the People’s Republic of China decides to take Taiwan by force, the US will fight on behalf of Taiwan against the Mainland, said a former US ambassador. Chase Untermeyer, who just completed his tour as ambassador to Qatar and is on his way back to the US, made these personal comments on Tuesday at a public …

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Questions about pensions, HDB, CPF, transport, jobs, charities, etc.

By Leong Sze Hian On this morning’s (29 August) NewsRadio 938 Talkback programme from 8.10am to 8.50am, the guest on the programme, MP Halimah Yacob, NTUC Assistant Secretary-General and Government Parliamentary Committee (GPC) Chairperson on Health, said that Ministers no longer receive pensions. She was replying to a caller who asked why and whether it is equitable for Ministers to …

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Are there systemic problems in our CPF system?

By Leong Sze Hian I refer to the article “Flexible, basic and cheap annuity scheme” (Today, Aug 27). Instead of spending the $750 million a year to pay the additional 1 per cent interest on the first $20,000 of the CPF Ordinary Account, and $40,000 of the Special, Medisave and Retirement accounts, growing these sums at say 5 per cent …

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In Parliament: government’s reply poorly reasoned, insulting

By Choo Zheng Xi The Worker’s Party MPs asked why their party was not allowed to hold a cycling event at East Coast Park as part of their 50th anniversary celebrations. If Minister of State for Law and Home Affairs Ho Peng Kee’s answer is any indication, the rationale for the police denial of the permit is completely bankrupt of …

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Unanswered questions about CPF changes

By Leong Sze Hian This is in reference to media reports that the CPF Special, Retirement and Medisave accounts’ rates will be modified next year. The question that may be in every Singaporean’s mind is whether the peg to “an appropriate long term bond rate” may result in a higher or lower average rate, compared to the 4 per cent …

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WP Youth Wing elections set new tone for youths in politics

By Choo Zheng Xi It was not so long ago that the single most familiar refrain of opposition politicians was a constant complaint about a ‘climate of fear’ surrounding politics. If the Workers’ Party Youth Wing (WPYW) elections were any gauge, this cloud of fear seems to have largely been dispelled. Held last Sunday at the WP headquarters, the elections …

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Some concerns about annuities and tweaking the CPF

TOC writer Leong Sze Hian was interviewed for his views by the mainstream media on the Prime Minister’s National Day Rally Speech. Below are some extracts from the various reports. Straits Times, 21 August Views split over making annuities a must for the under-50s In the other camp were people like the president of the Society of Financial Service Professionals, …

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A good speech – but some points to keep in mind

By Andrew Loh As usual, the prime minister’s National Day Rally speech was not short of good, upbeat news. Nothing surprising in that. If one were to take a look at past speeches, it has always been so. I still remember then prime minister Goh Chok Tong’s speech in 2003, in the midst of an economic downturn, when he said: …

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Bloggers’ reactions to PM Lee’s National Day Rally Speech 2007

Prime Minister Lee Hsien Loong delivered his annual National Day Rally Speech at the University Cultural Centre on the 19th of August. Here are some reactions from bloggers. Did the PM mention the old flats in Potong Pasir and Hougang? – No Fear Singapore “Punggol 21-plus with its water feature seemed so fantastic and it must have mesmerized many of …

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