News: Entries archive

SDP repeatedly warned about the UBS investment

18 May 2017

Singapore Democrats

The recent announcement that the GIC stood to lose in excess of $5.6 billion comes as no surprise. The Swiss bank had been plagued with problems and the SDP had warned on at least five separate occasions against the GIC investing in it.

1. As early as 2009, the SDP warned:

“Either Dr Tony Tan (who was the GIC's executive ... Read more »

2017 Mohd Isa Bursary Awards: Applications open

16 May 2017

Singapore Democrats

Calling all parents: The SDP is Annual Mohd Isa Bursary Awards is open for applications again. The Award, set up in 2014 to assist students from lower-income and needy families, is part of the party's effort to level up society through education.

In a system stacked in favour of the elite, pupils low ... Read more »

We need to resolve the HDB 99-year lease problem. Here's how.

12 May 2017

Singapore Democrats

Singaporeans have been concerned about the recent announcement by Minister for National Development Lawrence Wong that the value of older HDB flats will decline and, eventually, be worth nothing at the end of their 99-year lease.

HDB owners go into heavy debt and spend their retirement savings paying off this debt only to find that their flats decrease in value and have to be returned to the government ... Read more »

Just whom is the PAP's education policy serving?

05 May 2017

Singapore Democrats

When he was Minister of State for Education, Dr Ng Eng Hen said that “Our universities must become engines of growth for our economy.”

In 2012, Minister for Trade and Industry Lim Hng Kiang reinforced this point saying that our education system is “to build industry-relevant manpower capabilities for the economy.”

We had even wanted to become the ‘ ... Read more »

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