Monthly Archives: August 2014

“In the Pipeline” – Yarn-bomb Building Façade of the Substation

This project to celebrate 24th Anniversary of the Substation during SeptFest 2014 came out of the blue to Momshoo at the start of this year. Momshoo was a daughter and mum craft duo team who creates whimsical items that are … Continue reading

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Had difficulties catching up with Education policy changes in recent years

Each time when there was a new Minister of Education or Minister of State (Education), I remember the apprehensions felt when I was still in the polytechnic. With each new Minister or Minister of State, we were expecting changes to … Continue reading

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“Farmer Giles of Ham” by J.R.R. Tolkien – A Book Review

Written by J.R.R. Tolkien and published between The Hobbit and The Lord of the Rings was a simple story about a Giant, a Dragon and a farmer. Suitably written for children and delightful for adults like me. Farmer Giles became … Continue reading

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Impact of OCBC Rights Issue to share price

OCBC announced the Rights Issue to partially finance the acquisition of Wing Hang Bank. It will issue 440,047,710 new shares to raise net proceeds of about $3.3 billion. The existing shareholders of OCBC (and buyers of OCBC shares during cum-all … Continue reading

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NDR 2014 – To get a degree or not to get a degree?

Back in 2012 at the National Day Rally Speech (NDR), PM Lee Hsien Loong mentioned that there will be two more universities – the Singapore Institute of Technology (SIT) and the SIM University (UniSIM) – bringing the total number of … Continue reading

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Are people and Government growing apart?

I was taken by surprise when I read in the Sunday Times (17 August) about ESM Goh Chok Tong warning about the loosening ties between people and the government. What prompted him to make this observation at the National Day … Continue reading

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Started an Equity Portfolio

Back in March 2011 when my daughter was already 21, we started an on-line stock trading account for her. The reason is that we wanted her to start accumulating some known stocks and bonds listed on the Singapore Exchange. Stocks, … Continue reading

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“Soy Sauce for Beginners” by Kirstin Chen – A book review

Kirstin Chen brings Singapore to the world by writing this novel. The book was published in New York for international readers. Set in Singapore, the novel describes Singapore and the Chinese family values cleverly through the story of a family-owned … Continue reading

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Second quarter 2014 results

Companies were reporting their financial results for the quarter covering 1 April to 30 June 2014 (Second Quarter 2014). The following table provides information on net profit attributable to shareholders for the quarter and year-on-year change between current period in … Continue reading

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CPF – Voluntary contribution for self-employed

My daughter is self-employed and has a business in her name. She is not required to contribute to CPF Ordinary Account (OA) and Special Account (SA). Only contribution is required for her Medisave account based on the year’s net trade … Continue reading

Posted in Retirement Planning | 4 Comments