affordable public housing to the Singaporean. The affordability of the public housing is maintained as a result of several key policies of the Government such as 1) below market pricing for new flat 2) concessionary loans and financing from Central Provident Fund (CPF) and 3) sufficient land to build new flats through Land Acquisition Act (HDB, 2014). Since 1960s, the Government has adopted a market based approach which new HDB flats are priced in reference to and at discount from the market
Legal Employment Framework - Employment Act (Chapter 91) The Employment Act in Singapore is an act that covers every employee who is under the contract of service to their employer except employees engaged under managerial and executive levels or domestic workers. If either party intends to end the contract, they may do so with a notice of their motive of termination. Employees may need to serve a notice period before leaving, which ranges from 1 day to 1 month. The Employment Act consists of many
Introduction: Public housing policy is Singapore has been a remarkable success in providing housing for the majority of Singapore citizens and by making them stakeholders in nation building. House is universally considered as a basic necessity and an asset for lifetime for every citizen. While most countries put “housing for all” as one of the agenda point; many of them, including developed countries are still struggling to ensure affordable, equitable and sustainable housing solution. In Singapore
of paper ... ... will be obtained from various database websites. Moreover, the data used in this study is only from the year of 2002 until 2013 from Employees Provident Fund’s annual reports. The result of the study will not exactly accurate for determining the factors that influence dividend payout ratios in Employees Provident Fund. 1.8 SUMMARY OF STUDY This chapter has covered the introduction and background of the study which it explains the objective of this study. Understand the issues
City Policy”, also known and the Global Gag Rule. This policy stated that Non Governmental Organizations (NGOs) would be prohibited from receiving United States funds if they performed, promoted, referred or counseled patients on abortion. The funds would be withheld from the NGOs even if the money used for abortion services were non-U.S. funds. This policy was in effect from 1984-1993 when president Bill Clinton came into office. On January 22, 2001 president George Bush reinstated the Mexico City Policy
businessman named Douglas Maxwell to join him in etablishing the Frankel Fund. The Frankel Fund was an investment partnership in which the limited partners had to invest at least $50,000 each. In 1991 the Frankel Fund failed and the Securities and Exchange Commission banned him from dealing with securities business for life. After that he using false names he set up the Creative Partners Fund LP. This fund was another scam like the Frankel Fund but the minimum investment was only $10,000 and it spread through
Internal cash control is very important to any business. Without effective methods in place to ensure that funds and resources are being used in an ethical and efficient way, a company may lose money or run into many other problems. Through proper establishment of responsibly, segregation of duties, document procedures, and security measures, any company should be able to maintain their funds and feel confident that their employees are producing accurate and ethical results. In the exercise detailing
Longer School Days Schools are so much a part of our society, so the accurate length of school days is extremely important. Public opinions on the length of the school days are different. There are a lot of parents and professors concerned that it is hard for children to go to school early in the morning and stay there the whole day. On the other side, some professors try to force students into a nine hour school day. Not so many years ago, school was a main part of my life, and the school
html) The United States is the richest nation on our planet. Yet, parent clubs all over the country spend volunteer time raising money for public schools. Why do we not have enough funding for our public schools and who is responsible for our lack of funds? An article on NASA's website shows me a testimony by NASA Administrator, Dan Goldin, who spoke before the U.S. House of Representative's subcommittee after the NASA budget received an eleven-percent reduction in funding. Mr. Goldin feels outrage
college tuition will be in the upcoming years, a drastic change. The cost of out of state is too much to be a full time college student. Although some families make an average amount of money that would seem to not need any help with their college funds, their finances really do. My family is a prime example; we have five kids in my family including myself. The two oldest kids, my older brother and I both attend college and mine happens to be out of state. Take a look at the numbers; it takes a toll
funding. Some of these people do not think that the Endowment is necessary, other people argue that the agency funds too many artists who create works that are off ensive to a majority of people. Though it may be true that some of the work recently produced has been offensive to a large number of people, it is not a reason to remove a very useful government program. The NEA provides jobs, funds programs for museum s and libraries, helps to educate the public, and helps generate economic activity. Instead
beneficial to the taxpayers pocket, to the education a student receives, or to the people involved with the district. All year school ends up costing the school district and surrounding community more money than a traditional nine-month schedule. "More funds would be needed to cover the costs of paying the teachers and staff for one full year instead of for 180 days work." (Stevenson 2). "Teachers currently make an average of $37, 000 in the United States. However, the costs would increase to $53, 000
supplemental mechanism for financing health care services. Medical savings accounts are used to accumulate funds for health care expenditures just as individual retirement accounts (IRAs) accumulate funds for retirement. Changes in the Internal Revenue Service (IRS) Tax Code permit tax-deductible contributions by employees and employers to MSAs and allow interest and earnings to accumulate without taxation. Funds can be withdrawn without penalty only for medical expenses, for the purchase of health or long-term
future are going to college and getting their first car. But, let’s say there’s a well educated thirteen-year-old, raised in a low-income family, who has plans on going to college. There’s no way their family can support him to go to college, and its funds could be over-whelming. The only way they could go to college is if they started saving at an early age. Therefore, if they got a job at the age they were at now, they’d be on their way to college by the time they graduate high school. Or, another
buy. · Advertising is now the media form most often encountered, and is perhaps the most powerful and pervasive form of propaganda in history. · It is found in various forms including on billboards, websites, “junk mail”, and commercially funds most television, newspapers and magazines. · Advertising has the power to create brand awareness and loyalty as well as stimulating demand. Advertising is not a science · It is important to realise that advertising is not a science. ·
in the system if the banker cheerfully admitted that he made those loans by simply crediting the borrower's account, and that to do so cost him nothing? Some might wonder why the bank would not honor checks written on insufficient funds, if the banks create those funds from nothing. Corporations which are unable to meet their financial obligations to banks might wonder why they must work to repay the bank for something it got with a flick of a loan officer's pen. No, it is important, if confidence
Victory Junction Gang Camp Fund-raising For four years now, it has been Kyle Petty's dream to build a camp in his son's memory for chronic and life-threatening illnesses of children from ages 7 to 15. Kyle and the NASCAR community have been fund raising for over four years to make this dream come true. Actor Paul Newman and Kyle and Pattie Petty are the founders of Victory Junction Gang Camp (VJG). The beautiful, natural setting for the VJG is seventy-two acres of land nestled in a hardwood forest
seek to determine the true right of the accused to the assistance of counsel. Should legal counsel be provided by the government if the accused lacks the funds to assemble a counsel for his defense? Or, on the other hand, does this amendment set the responsibility of assembling a defensive counsel on the accused even if he or she lacks the funds to do so? Also, do the states have the right to make their own legislation regarding the right of the indigent accused to have counsel appointed to them in
Service Employees Pension Fund Case Study I chose to write this paper on the organization that I am employed with, the Service Employees Pension Fund of Upstate New York (SEPF/fund). I focused my paper on the main office which is located in Syracuse, NY. I am employed at the Albany location. This gave me the opportunity to look at the office as an outsider seeing as I only make a trip to Syracuse a couple times a year. Interviewing with the fund manager also helped me to get an idea of how
The Meaning of the Phrase, Beating the Market "Beating the market" is a difficult phrase to analyze. It can be used to refer to two different situations: 1. An investor, portfolio manager, fund, or other investment specialist produces a better return than the market average. The market average can be calculated in many ways (some of which are shady and used to make it look like someone has exceeded market returns), but usually a benchmark like the S&P 500 or the Dow Jones Industrial Average