a search on google show these:

http://www.temasekholdings.com.sg/about_us.htm
http://en.wikipedia.org/wiki/Temasek_Holdings

from the official website, not much is said on its major shareholder.

from wiki, ministry of finance is stated as its major shareholder (need other sources to prove its credibility since any tom dick harry can write in wiki). but if it’s true, does it mean that our budget surplus can be made available to temasek holding for investment? or it it our cpf that they’re using for investment?

1) does anyone know where does our cpf money go? is gic of other govt authority managing our cpf? if so, since the return from gic is an average of 8.2%/annum (http://www.gic.com.sg/faq.htm#05), why are we getting only 2.5% interest in our ordinary account and 4% for our special account?

kelly: You guess is as good as mine!

2) how about temasek holding? where does its fund come from?

Kelly: Private investors. Many from educational alumni and a handful of foreigners. Including foreign governments. Look at its shareholders too.

some questions:

1) does anyone know where does our cpf money go? is gic of other govt authority managing our cpf? if so, since the return from gic is an average of 8.2%/annum (http://www.gic.com.sg/faq.htm#05), why are we getting only 2.5% interest in our ordinary account and 4% for our special account?

2) how about temasek holding? where does its fund come from?

if these infos are not released by the govt, i think they should do so, to increase transparency of our people’s money. even the govt bodies should account for its profit and loss, since they are managing our citizen’s money.

I think we have to seriously consider doing something about the monies in our cpf.

One way, as I mentioned earlier, is for the govt to return us a percentage of it from time to time.

Example: at intervals of every 5 years, a withdrawal of 10% of the total amount in our cpf account is made available to us. We then have the option whether to withdraw or not. Imagine, we can go on that dream holiday, do a small business, throw a party etc.

At the moment, we can only dream of doing all these only when we are way past our twilight years and with no more energy left to pursue such interests. What good is the cpf money then but only to purchase our coffins.

Keep promoting your wares! Your only way OUT!

Agreed! We need to start thinking of how best we can get out monies to work for us.

My fellow Singaporeans, its time we wake up and do something else each time some costs are increase some where, we could only resign to fact. Please remember that somebody will always tell us that we shouldn’t ask for wage increase because that will affect our competitiveness and cause a strain to the economy. Yet, the next day, we have somebody to tell us that Singapore needs foreign talent to increase our skill levels and we need their expertise.

Most of the younger Singaporeans are probably Diploma or Graduates, yet we are constantly classified as the not as good skill levels, expertise and competitiveness against foreign talent. While our universities kept proclaiming how prestigious they are and links to the overseas universities, ain’t that contradicting with the somebody up there?

So, end of the day, somebody needs to wake up and lets start with ourselves..

good idea on how to make sure the rebate is better spent. correct me if i’m wrong, but i think the U-save rebate is given directly by deducting the amount from our monthly utility bill.

and since we’re on the point of apple for apple, let me talk about my views on some of the govt policies like ERP and recent fine by PTA on our transport services.

ERP is implemented to reduce congestion on the road. With the objective in mind, ERP revenue collected should be put into building of more roads and highway to reduce this congestion instead of just adding on to our budget surplus.

PTA has fined SBSTransit and SMRT $9000+ ($9400?) and $1000 respectively for non compliance of standard. Though inadequate in detering the transport companies in complying with the standard, eg better services and punctuality of buses, this fines should be return to the commuters in term of rebates as the commuters are the end users affected by this bad service and long waiting time for buses and trains.

the biggest problem is not because solutions are hard to find but rather the people up there can no longer here us who are way below here.

Thanks netizens – keep the suggestions coming – we may finally get some good people ideas in this economic crisis to really help the suffering public coping with all the price increases and now with uncertainty perhaps falling into joblessness for thousands soon.

All the Government’s men and women are well taken cared of with their high salaries and their iron ricebowls – it is time that they return some real help to its citizens.

There should be political competition. Then the authority will not sukah sukah increase the electricity tarriffs when oil prices are dropping like siow!