Last year was a rude awakening for Singaporeans who came to the realisation that their prized retirement nest egg – the HDB flat – would continually dwindle in value with each passing day. National Development Minister Lawrence Wong admitted as much: “As the leases run down, especially towards the tail-end, the flat prices will come down correspondingly.” Like the HDB, …
Read More »Daily Archives: 2019-01-20
Hawker food is too cheap in Singapore; Better of delivering aid for low income and elderly than keeping prices down
by Lim Jialiang The most common misconception is how Hawker Food is supposed to be cheap food. This has never been the case historically. Hawker food was always an occasional treat for the working-class in the 60s and the 70s. At that time, most families cooked at home, occasionally indulging in hawker food. It was only in the 80s, where …
Read More »CPF Board: Automatic payout at age 70 “helps to simplify the activation process for members”
CPF Board has come out to strongly deny that the government had quietly shifted the “retirement payout age” from 65 to 70, in a media report today (20 Jan). CPF Board’s denial came in response to a recent message circulating online. Someone had posted a picture of a mail he received from CPF Board, notifying him that if would like …
Read More »Ex-SAF Chief Infantry Officer BG (NS) Winston Toh to head Tower Transit bus operator
The Tower Transit Group announced on Fri (18 Jan) that it has appointed former SAF Chief Infantry Officer, BG (NS) Winston Toh, as the Managing Director of its Singapore bus operations. He takes the reins at Tower Transit Singapore on 1 February next month. The Tower Transit Group is one of the bus operators in Singapore. BG (NS) Toh spent …
Read More »Unnecessary for Singapore to “send warships” to “chase” Johor Chief Minister “away”: Prime Minister Mahathir Mohamad at Oxford Union dialogue
Singapore’s act of sending “warships” to “chase away” Johor’s Chief Minister Osman Sapian was unnecessary and a “severe” overreaction, said Malaysian Prime Minister Mahathir Mohamad. In a broadcast of the Oxford Union forum by Astro AWANI on Friday (18 Jan), Dr Mahathir delivered an address that touched on the 14th General Election last year and how it has transformed the …
Read More »