Monthly Archives: May 2017

GIC takes on riskier investments because of its asset mix

CPF members have been repeatedly told that GIC (and Temasek) does not take on riskier investments with our CPF and reserves. Source This not true. GIC has to take on higher risk because its asset mix demands a riskier approach. … Continue reading

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With all the pock kai CPF investments and UBS loss, GIC’s 6% long-term returns questionable

Singaporeans should think and question the management of our CPF. Why is GIC able to pay CPF members only about 3% returns (on average) when across the causeway, Malaysia’s EPF has been paying 6% for the last 20 years? Why … Continue reading

Posted in CPF, GIC | 1 Comment

SPH chairman Lee Boon Yang should stop talking cock

Every PAP-appointed CEO who screws up will be covered up by PAP’s propaganda machine. SPH CEO Alan Chan is no exception and has been repeatedly praised in the MSM, especially by former cabinet minister and SPH chairman Lee Boon Yang. … Continue reading

Posted in POLITICS | 5 Comments

CPF scheme serves GIC, not CPF members

Fortunately for the PAP government, most CPF members have continued to absorb propaganda like sponge. It’s a pity that all the efforts by Roy and others to enlighten members have almost gone to waste. One only needs to look at … Continue reading

Posted in CPF, GIC | 1 Comment

Collapse of government-linked companies not a question of if, but when (2)

When the government appoints former civil servants and army generals with zero private sector experience to head government-linked companies, rest assured it is digging its own grave. Or rather Singaporeans’ since it involves billions in tax dollars. 😦 In the … Continue reading

Posted in POLITICS | 1 Comment