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#1
09-03-2014, 07:30 AM
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WP criticises the govt in the COS debates
An honorable member of the Coffee Shop Has Just Posted the Following:
https://www.facebook.com/workerspart...?stream_ref=10 There are worries that the TPP may extend the scope of pharmaceutical patents and delay the sale of generic drugs. These could raise prices of pharmaceuticals in TPP member countries, including Singapore." - NCMP Gerald Giam https://www.facebook.com/workerspart...?stream_ref=10 ir, currently taxpayers can claim tax relief on premiums paid for life insurance if their CPF contribution is less than $5,000. This $5,000 ceiling was last raised from $4,000 in 1979, 35 years ago. That increase was to ensure that the lower-middle income earners continue to benefit from the concession. Income levels have changed a lot in 35 years. Many working Singaporeans are not able to enjoy this concession while their foreign counterparts can because they do not contribute to CPF. I hope the minister can review this scheme to raise the ceiling to a more appropriate level so that the lower-middle income earners of today can benefit and will be encouraged to save more for their old age. https://www.facebook.com/workerspart...?stream_ref=10 In 2013, Singapore contributed $26.7 million in overseas development assistance (or ODA), which includes technical assistance programmes, and scholarships and tuition grants to foreign students. Can the Minister share what other forms of ODA Singapore contributes that are not captured in this amount? Many developed countries in the United Nations have committed to target an ODA contribution of 0.7% of gross national income (GNI). What is Singapore’s ODA as a percentage of GNI? While I don’t expect Singapore to target 0.7%, are there plans to increase our ODA contribution in the future? Does the Government see international development as a cost-effective way of furthering our foreign policy goals? Given the multifaceted nature of international relations today, what is the role the Government sees international development playing in the years ahead? Gerald Giam does a better work than K Shamu as a foreign affaris spokesperson. Click here to view the whole thread at www.sammyboy.com. 
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