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Saturday, January 22, 2022
Trading in bitcoin
Wisdom of the Crowd - New Issues
2. Singapore allows employers to recruit foreigners and apply for a work pass
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Key indicators of the covid situation
It is difficult to follow the MOH data on covid as one important indicator is missing.
Why the scams get out of control
My friend said - Our police seems quite helpless and unable to cope (with the scams). Isn’t it a disgrace? It’s time they revamp the police investigative and forensic abilities. There is a need to catch up with the sophistication of the new age criminals.
WOTC - Identify a person
Wisdom of the Crowd: 89% of the respondents said that the best way to identify a person is to use the NRIC (not the mobilephone).
Friday, January 21, 2022
WOTC: Use of NRIC
Wisdom of the Crowd: 53% of the respondents said that NRIC should be kept private and used only by the government.
Thursday, January 20, 2022
Facing the challenges of large population increase
I expect that the PAP government will return to its earlier strategy of increasing the population to 6.9 million and maybe to 10 million.
WOTC - CareShield
Wisdom of the Crowd: 46% said that CareShield should be funded by taxation. 23% said that it should be funded by individual premium, but be voluntary.
Wednesday, January 19, 2022
WOTC - CPF and staff benefits
Wisdom of the Crowd: 56% of the respondents said that all workers, including casual and part time workers, should be given CPF and staff benefits.
Tuesday, January 18, 2022
Digital signature
We need to allow a person to register and use a digital signature. Here is how it can work.
Reduce working hours by 20%
A country can create additional jobs by reducing the regular working hours. Singapore may have to adopt this approach some time in the future.
Wisdom of the Crowd - New Issues
2. Can China be self sufficient?
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WOTC - Increase GST
Wisdom of the Crowd: 70% of the respondents said that Singapore should not increase GST. Instead, it should cut down on wasteful spending.
Monday, January 17, 2022
How to stop scammers from raiding victim's bank accounts
I suggest that people who are aware of the scam should work together to flood the fake website with false login credentials.
Sunday, January 16, 2022
Corporatization of NTUC Income
I have sent a notice to the secretary that I wish to raise the following questions on the corporatization of NTUC Income.
Wisdom of the Crowd - New Issues
Wisdom of the Crowd - New Issues
1. How do you rate the education system in Singapore.
2. How can the bank stop scammers from making large fraudulent withdrawals?
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Beef up the police to deal with crimes
How to deal with scammers
Do not be arrogant in making judgment
Do not make judgment based on incomplete facts.