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Month: March 2020

Most elderly have not saved enough to retire even in Thailand

Posted on March 12, 2020 by KK.O

Ranked Asia’s best retirement system, guaranteed interest CPF serves Singapore’s prolonged life expectancy well. Singapore’s retirement system based on CPF is ranked best in Asia and top 10 globally. The 2019 Mercer Melbourne Global Pension Index identified Singapore’s CPF as a “sound structure, with many good features. Investopedia has also revealed that most elderly have…

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Thank you, Uncle!

Posted on March 6, 2020 by T Natasha

Amidst the chatter of Bus Captains having their Monday morning cups of kopi at the SBS Bus Depot, we spotted the cheery Mr Ng Swee Fatt – 64 year-old SBS Transit Bus Captain – who has been in this line for 41 years! More than 4 Decades as Bus Captain At 64, the sprightly Mr…

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GST for the Denmark is 3 times of Singapore’s.

Posted on March 6, 2020March 6, 2020 by KK.O

Singapore Goods and Services Tax (GST) was increased from 5% to 7% in 2007. The GST has not been increased for the last 13 years, but as the nation plans for higher social expenses with an aging society, The GST is planned to be increased from 7% to 9% sometime between 2021 and 2025.  Is…

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