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Archive for the ‘Economy’ Category
Cheap Electricity?

Cheap Electricity?

Buried in the back pages of Saturday's paper was a little known oddity that Singapore's PowerSeraya had been quietly selling surplus generation capacity to Malaysia. Apparently the Energy Market Authority had granted authority to export electricity until Wednesday June 15. EMA said the Government will consider any requests that... 

Incoming Fare Increases

Incoming Fare Increases

Tuck Yew! (sorry, couldn't resist that!) Who cares about adding additional bus, train capacity if it means higher cost of living for the consumers? After all, as Prof Chin of NUS said, "My feel is that for land transportation (compared with aviation and maritime) - trains, buses - we probably are adding capacity not ahead of... 

MISTAKE in PAP “think tank” critique on UBS ranking of the purchasing power of Singapore wages

MISTAKE in PAP “think tank” critique on UBS ranking of the purchasing power of Singapore wages

One of the annual rankings which the PAP loves to hate is the annual UBS ranking of the purchasing power of wages of 73 cities across the world.  Every year, Singapore scores very poorly. The following are the latest set of results from UBS. Singapore is ranked below Moscow, Rio and even Kuala Lumper. The low ranking of Singapore... 



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