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The CPF savings earn a minimum interest of 2.5% for OA and 4% for other accounts. In addition, the first $60,000 in the combined CPF balances, with up to $20,000 from the Ordinary Account, will earn an extra 1% interest. CPF members age 55 and above will also earn an extra 1% on the first $30,000 of their savings. [13]
A CPF number is a 11-digit number of which the first eight digits form its base. The ninth number indicates the Fiscal Region responsible for its registration. The Fiscal Regions have the following identification: [10] 1 – DF, GO, MS, MT and TO; 2 – AC, AM, AP, PA, RO and RR; 3 – CE, MA and PI; 4 – AL, PB, PE and RN;
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In 2022, CPF reported record revenues of 513 billion baht, attributing part of its growth to disruptions caused by the war. [21] This has drawn criticism for prioritizing profits over ethical considerations, as the company indirectly supports Russia’s economy amidst widespread condemnation of its actions in Ukraine.
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The former CPF Building was a high-rise skyscraper located in the central business district of Singapore. The tower was located on 79 Robinson Road, in the Shenton Way and Tanjong Pagar zone. The building was near several other skyscrapers such as OUE Downtown , Robinson 77 and Capital Tower , which are all about 100 metres away from the ...
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CPF also partners with many Government and Non-Governmental Organizations to support them in fighting against the Cyber Crime. [28] [29] In May 2021, the Ministry of Education along with All India Council for Technical Education and CyberPeace Foundation, launched a digital training Project eSaksham to train 5 lakh students. [30] [31]