Daily Archives: 2019-07-20

Istana offering lowball salaries for its butlers and cooks?

Netizens are questioning and commenting on the recent job advertisement placed by the Istana for potential job seekers to sign up for the position of “Assistant Senior Butlers/ Butlers” The advertisement puts the gross monthly salary range at $1,400 to $2,000. This means that the job seeker will be taking back $1,120 to $1,600 after deduction for his or her …

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Transport Ministry rebut public’s concern over profitability of local rail operators by stating HK and Tokyo metros charge significantly higher fares

A member of the public, Paul Chan Poh Hoi, wrote to ST Forum on Thu (18 Jul) arguing that profitability should not be main concern for the rail operators in Singapore. Given the “public” nature of public transport, a rail system should be measured by its ability to serve the people, and not its ability to generate additional wealth for …

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OCBC survey: Half of sandwiched gen find it tough supporting parents and children the same time

According to a recent OCBC’s Financial Wellness Index survey, the majority of working adults in Singapore are financially unprepared for retirement (‘Most working adults not financially ready for retirement‘, 16 Jul). The survey polled 2,000 working adults in Singapore between the ages of 21 to 65, asking about the state of their financial health. In particular, half of those among …

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Brad Bowyer: Is our financial fate in good hands?

by Brad Bowyer Extract from this telling article by Reform Party chief, Kenneth Jeyaretnum. “Temasek’s results were announced on 9 July and they were not a pretty picture. While the Board claimed a 1.5% return for the year to 31 March 2019 this was only after translation into depreciating Singapore dollars. In US$ terms the portfolio lost money, falling almost …

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