More people topping up their CPF; Withdrawal at 55 gone down

CPF retirement fund

What about you? Are you also actively saving for your retirement? Going by the increase in the number of top-ups, more members are taking active steps to save for their retirement. 198,000 top-ups amounting to $1.81 billion Despite the challenging economic conditions, more than 198,000 top-ups amounting to $1.81 billion were made in the first […]

PWM has uplifted wages for workers without risking job loss, and minimising cost increases for consumers

PWM incomes for workers without risking job loss

98.3% are already earning more than $1300 a month. PWM will be extended to all sectors. With the PWM for the Lift and Escalator ready to phase in and the proposal for the Waste Mangement sector submitted, the number earning less than $1300 will be further reduced. With sectoral benchmarks for sectors currently without a PWM, what WP wants to achieve with MW is already achieved through PWM, WIS and these other policy measures.

Terry Xu goes on the offensive with NTUC

Terry Xu goes on the offensive with NTUC

In Terry Xu’s world, an effective union fighting for workers’ rights is one that is confrontational, where employers and employees are at odd with each other and the union must serve as a ‘counterweight’ to the government. Trade unions as ‘counterweight’ to the government? In his first May Day Rally message to Singaporean workers, Mr […]

Why the PAP Government is opposed to the minimum wage: Donovan Choy

TFP minimum wage

Minimum wages do not help to increase productivity. It is better to see the PWM as the govt straddling the middle ground between recognising that low-wage workers do have genuine problems amidst rising costs of living, and recognising that we shouldn’t take our eye off the problems of sluggish productivity growth.

Ong Ye Kung on steps to climb out of deep abyss in landmark speech in Parliament

Ong Ye Kung Air Hub

As the COVID-19 virus spread around the world earlier this year, many countries closed their borders to stave off a viral invasion from an as-yet-unknown and dangerous virus. Singapore did the same on 24 March 2020. COVID-19 has decimated air travel and set us back by more than 40 years. It has also affected many […]