What's Going on at Jamsostek?

It would make sense for Jamsostek's fund management to be supervised. Its investments often fail and it does not seem to be acting in the best interests of workers.

June 4, 2002

USUALLY, a company that is involved in insurance and pensions also has a role as a strategic investor. The large amount of insurance funds should be managed in such a way that the two parties involved both benefit. First, there are those who pay insurance and pension premiums and second there's the company that has the opportunity to make use of these funds to expand its business. Through its Central Providence Fund (CPF), the Singapore Gover

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