Mr. Tan,
What are your views about means-testing?
REPLY
It is a lot of work, all lot of uncertainty, for quite negligble savings. The Minister for Health said that the subsidy will be reduced from 80% to 65%. The savings to the government is only 15%.
Most people who uses the C wards are likely to be the older and poorer people. Those who are affluent are most likely using the A or B wards. Those covered by employers will use the higher class wards anyway.
I hope that the Minister will drop this idea. It is not worth the trouble.
Monday, January 14, 2008
Low cost funds
Dear Mr. Tan,
How can I buy low cost funds in Singapore?
REPLY
You have the following options:
1. Buy the STI or other ETF (exchange traded funds) through a stockbroker
2. Buy the Combined Fund from NTUC Income, investing through the Flexi-link policy.
How can I buy low cost funds in Singapore?
REPLY
You have the following options:
1. Buy the STI or other ETF (exchange traded funds) through a stockbroker
2. Buy the Combined Fund from NTUC Income, investing through the Flexi-link policy.
Science & Technology & Singapore
Much of what Singapore is today is due to our ability to apply Science & Technology to our lives.
Dr. Lee Kum Tatt, as founder chairmen of Singapore Science Council, Singapore Institute of Standards and Industrial Research (SISIR) and a Senior Member of Singapore Polytechnic Board of Governors etc. ( 1950’s – 1980’s) contributed much to building the science and technology infrastructure in Singapore in the early days.
For those who are interested in how some of Singapore policies on science and technology are formulated and implemented, including what not to do, read the articles in Lee Kum Tatt's blog to learn how he did what he did.
www.leekumtatt.blogspot.com
Dr. Lee Kum Tatt, as founder chairmen of Singapore Science Council, Singapore Institute of Standards and Industrial Research (SISIR) and a Senior Member of Singapore Polytechnic Board of Governors etc. ( 1950’s – 1980’s) contributed much to building the science and technology infrastructure in Singapore in the early days.
For those who are interested in how some of Singapore policies on science and technology are formulated and implemented, including what not to do, read the articles in Lee Kum Tatt's blog to learn how he did what he did.
www.leekumtatt.blogspot.com
Direction signs at MRT stations
A commuter approached me outside Yio Chu Kang MRT station. She wanted to know where to get a bus to go to Techpoint. She asked if it was bus service 70 (as she had checked the street directory), and where is the bus stop?
I took out the Public Transport Guide which I usually carry with me. It was indeed service 70 and indicated the nearest stop to Techpoint.
However, the commuter had walked in the wrong direction and is quite far away from the bus stop. She was not able to get clear direction from the other people.
I find the direction signs in our MRT stations to be inadequate. It is also difficult for someone to get useful directions, if they are not familiar with the bus services.
I took out the Public Transport Guide which I usually carry with me. It was indeed service 70 and indicated the nearest stop to Techpoint.
However, the commuter had walked in the wrong direction and is quite far away from the bus stop. She was not able to get clear direction from the other people.
I find the direction signs in our MRT stations to be inadequate. It is also difficult for someone to get useful directions, if they are not familiar with the bus services.
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