The bizarre case for higher electricity tariffs
It was announced that the electricity tariffs will increase by 3.5% to 24.24 cents per kwh starting from tomorrow onward. This makes tariffs the highest since December 2014. SP Group said that the increase is largely due to "higher energy cost compared with the previous quarter". What is bizarre is that Singapore is overproducing...
CPF contribution for people above 55 years
The govt is now in a dilemma. A few years ago, they reduced the CPF contribution for older worker, so that they are not too expensive for employers. Later, they found that the older workers are not saving enough CPF for their retirement. The govt wants to increase their CPF contribution over a period of years. The feedback from...
The policy that pissed me off most in 2019
In the next term of government, PAP intends to raise the GST from the current 7% to 9%. That is bad news to many people and families, especially people who don't earn much and those who have to feed their families. Firstly, I want to put things in their correct and proper perspective: GST rates going up from the current 7%...
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