SP Group makes nearly $1b but will increase tariffs by 2.8% average from 1 Apr
SP Group issued a press release yesterday (29 Mar) announcing that starting from 1 Apr next month to 30 Jun, the electricity tariffs will be increased by an average of 2.8% or 0.59 cent per kWh compared to the previous quarter. "This is mainly due to the higher energy cost of producing electricity," it said. For households,...
Massive increase in premium rates for Medishield rider – SGs liable to be arrested for not paying premiums
In Parliamentary debates earlier this month (Mar 2018), Senior Minister of State for Health Chee Hong Tat announced that new Integrated Shield plan riders must feature co-payment of at least 5 per cent. Insurance companies will later stop offering the current zero co-payment schemes to new applicants. The Integrated Shield...
Strengthening cyber security
The government is worried about cyber security. They consider it a big risk. They want to put a lot of resources to combat this risk. They want to train a lot of cyber experts. They want to strengthen cyber security for the government agencies and the business community. I think they may be over-reacting to the risk and may...
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