fbpx

Monthly Archives: May 2014

Invest in the elders and provide more support for caregivers

Speech by Chen Show Mao, MP for Aljunied GRC in the debate on President’s Address (30 May 2014) Mdm, Earlier in this debate, Minister Gan Kim Yong announced that a national conversation will be entered into over the next few months to draw up a national action plan for successful ageing.  Issues in lifelong learning, employment, volunteerism, urban infrastructure, health …

Read More »

PRs allowed to retain property after giving up status?

By Andrew Loh [*Please see latest update below] According to a Channel Newsasia (CNA) report on 29 May, the Minister of Manpower, Tan Chuan Jin, was reported to have said in Parliament that “there is nothing to stop PRs from continuing to own property in Singapore, even if they have left.” CNA later removed this part of its report altogether, …

Read More »

CPF’s Puzzling Investment Philosophy

By Gangasudhan / Image from Monetary Authority of Singapore The Central Provident Fund (CPF) Board invests the monies in the CPF into Special Singapore Government Securities (SSGS) which are guaranteed by the government but can only be used for investment purposes (and not government spending). The money itself thus becomes the funds of the Monetary Authority of Singapore (MAS) which then invests in …

Read More »

Position paper by arts groups to reject MDA’s new arts term licensing scheme

By Terry Xu A total of forty-five arts groups have come together to reject Media Development Authority (MDA)’s new Arts Term Licensing Scheme with a position paper published on the artists’ network Arts Engage. This comes after a post at Arts Engage, “Artists in Singapore are mostly against the scheme” published on 25th May by local artists to voice against the new scheme. MDA …

Read More »

If the govt do not take risk in CPF then who?

By SY Lee and Leong Sze Hian We refer to the article “Parliament: Government has been looking at enhancing CPF Life “for a long time”” (Straits Times, May 29). The article states that Prime Minister Lee Hsien Loong has said the Government has been looking at how to improve the scheme “for a long time”, a day after He had said …

Read More »

How many ex-Singaporeans, PRs and foreigners back to Singapore and worked?

By SY Lee and Leong Sze Hian We refer to the article “CPF members leaving S’pore withdrew more than $400m each year from 2003 to 2013” (Channel NewsAsia, May 29). CPF: $426m withdrawn a year by those who leave Singapore? The article wrote that Mr Tan Chuan Jin, Minister for Manpower states that from 2003 to 2013, Central Provident Fund …

Read More »

Smearing Roy’s name

In a report on 29 May, Straits Times reporter Lee Jian Xuan wrote about Mr Roy Ngerng’s background. Mr Ngerng is, of course, the man of the moment, being sued by no less than Mr Lee Hsien Loong, who happens to be the Prime Minister of Singapore. The lawsuit is over Mr Ngerng’s blog post on the CPF issue, with …

Read More »

Govt should seek to engage civil society organisations and groups

Speech by Nominated Member of Parliament,  Janice Koh at the Debate on the President’s Address on 29 May 2014 Thank you, Madam Speaker, for the opportunity to speak on the Motion to thank the President for his Address. Madam, the landscape for governance will be more complex and involve more players in the second half-century of our nation’s life than …

Read More »

$400m withdrawn each year by CPF members leaving S’pore

On Thursday, 29 May, Channel Newsasia (CNA) reported the Minister of Manpower Tan Chuan Jin as having said that “the Government does not track the number of Permanent Residents (PRs) who withdraw their CPF monies when they leave Singapore for good.” It also reported Mr Tan as having said that “there is nothing to stop PRs from continuing to own …

Read More »

Blogger starts fundraising for legal fees in defamation suit

Blogger Roy Ngerng Yi Ling who has been sued for defamation by the Prime Minister Lee Hsien Loong over allegations of criminal misappropriation of Central Provident Funds has called out for assistance in raising funds for his legal fees. Visit fundraising post by Roy Ngerng here On 19th May, Ngerng was issued a letter of demand for defamation over an article …

Read More »