Jamus ignores the sufferings of people hurt by currency speculation

Jamus Ignores the Impact of Currency Speculation

Currency speculation, in particular, the speculation of the Singapore dollar, can take place with or without knowing the full size of our reserves. When Jamus called for the revelation of the full size of the Singapore reserves, what he is really asking for is a more ‘efficient’ speculative attack on the Singapore dollar. WP Jamus […]

Minimum Wage vs Progressive Wage Model: A Closer Look

Minimum Wage vs Progressive Wage Model

The first countries to pass minimum wage laws were Australia in 1907 and the United States Congress in 1938.  Fast forward to 2021, poverty remains a significant problem in these countries. Yet, we still have politicians pushing for something that does not work. Minimum Wage and its potential trade-offs in Singapore Loss of employment When […]

If not meritocracy, then what, Mr Gerald Giam?

Gerald Giam, If our child comes home with bad grades, do we make them sleep in a smaller room or eat only Maggie mee for dinner?

If you don’t earn as much you have to settle for a poorer quality of life, said Gerald Giam as he took aim at meritocracy. He was speaking at a Singapore Perspectives 2021 forum organised by the Lee Kuan Yew School of Public Policy. The theme for this year was ‘Reset’. What does Gerald Giam […]

Grow your CPF with Matched Retirement Savings Scheme; 440,000 members qualify

Matched Retirement Savings

Matched Retirement Savings Scheme (MRSS) Good news! The Government has introduced the Matched Retirement Savings Scheme (MRSS) to help senior Singaporeans who have yet to meet the Basic Retirement Sum (BRS) save more for retirement. Here’s how it works. For five years, from 2021 to 2025, the Government will match dollar-for-dollar cash top-ups made to […]

It’s painless, it’s effective and it’s important, says PM Lee

Mr Lee shows reporters the appointment card for his second jab for the COVID-19 vaccine after receiving his first dose on Jan 8, 2021. (Photo: Ministry of Communications and Information)

As the COVID-19 vaccination gets underway, PM Lee kept his promise to Singaporeans to be among the first to be vaccinated. He had said last month that he and his Cabinet colleagues would be getting vaccinated early, to show Singaporeans they believe the vaccine is safe. The Prime Minister took the Covid-19 vaccine on Friday […]

Tribute to Encik Mahmud Awang, 93, who passed away in Johor Malaysia

Encik Mahmud Awang

Encik Mahmud Awang, a founding member of NTUC, passed away at the age of 93 on Sunday (3 Jan 2021) in Johor Malaysia. He left behind a legacy of service to the working people, one that workers continue to benefit from today. Mahmud Awang was born on 19 August 1928 in Labis, a town in […]

One COVID case in the community, detected before scheduled cruise trip

Singapore's Southern Islands

Yesterday reported 1 case in the community, a Singaporean who is currently unlinked. She is asymptomatic and was detected when she was tested for COVID-19 before a scheduled cruise trip. The next day, when her test came back positive, she was conveyed in an ambulance to the National Centre for Infectious Diseases. The National Public […]