Price of water to rise (expectedly)
As expected, water price will be going up, but who is bearing the brunt, and who is having a free ride? The domestic sector, ie households, will see a 20 cents increase per cubic meter, bringing the price to $2.94 per cubic meter in April 2024 and another 30 cents increase per cubic meter in April 2025, bringing the price to...
Is the increase in water price reasonable?
1) Is the increase in water price reasonable? 2) The Water Tariff is just $1.21 aka 44% of the total price of water. Water Conservation Tax (22%) and Water Borne Tax (33.6%) constitute 56% of the Total price. 3) GST is imposed on the water price which includes Water Conservation Tax & Water Borne Tax! These aren't "Value...
Banks to fully reimburse scammed victims?
I refer to Sylvia Lim's (SL) call in Parliament for banks to fully reimburse scammed victims without much hassle and Alvin Tan's (AT, MOS Trade and Industry) reply of unfair or undesirable, among other things. Scams and scammers are closer to us than we realised and if big time professional investors such as Temasek which is...
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