Alvin Soong’s Blog

When I came back from US after a mth, I realise a much better quality of life, even though the Americans worked hard for their money.
In Singapore I was struck by reality when huge amount of workload await me the last few days, clearing thousands (literally more than 1000) emails. I believed Singapore was probably […]

Under the CPF Minimum Sum Scheme, members who reached the age of 55 needs to set
aside a Minimum Sum in their Retirement Account, of which part must be in cash and
part may be in terms of property pledge. For example, members who reached the age of
55 between 1 July 2008 and 30 June 2009 need […]

Today I would be flying to overseas in US from 1st Aug- 18th August. During this time I would not be able to post any blog postings.
Pls feel free to see new postings after 18th August

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INFLATION is now tipped to average out at between 6 and 7 per cent this year after the Government lifted its forecast for the third time this year.
The new estimate is 1 percentage point up from the previous range of 5 to 6 per cent. This is the biggest upgrade this year and comes […]

The Baby Bonus Scheme
First introduced in April 2001 and enhanced in August 2004, it helps to lighten the financial burden of raising kids.
Cash gifts:
You will get a cash gift of $3,000 for each 1st and 2nd child, and $6,000 for each 3rd and 4thchild.
Dollar-for-dollar matching programme:
In addition, your second to fourth children will […]