Classic case of socializing cost and privatizing profits
Click to enlarge The test kit is developed by A*star and DSO using taxpayers money. However, it is being sold by Advanced Medtech Pte Ltd, a wholly owned subsidiary of Temasek. The costly and speculative part of developing the product is borne by taxpayers while the profits is reaped by a private company. Classic case of socializing...
Initiative taken by Food Bank Singapore and Philips Foundation (FBSAPF)
I praise and applaud the initiative taken by Food Bank Singapore and Philips Foundation (FBSAPF) to provide free healthy meals for low-income families. C19 has definitely exacerbate the plights of many low income and no income families and although the government does help, it is impossible to give people fishes everyday to...
Ageing population and increasing cost of medical care are not reasons to increase premiums
Ageing population and increasing cost of medical care are not reasons to increase premiums. They are excuses. When CPF Board, in consultation with MOH, first calculated how much premium to collect, it had to base it on a set of assumptions. It would have included the demography of the population, number of claims, average bill...
|
|
|
|
|
|
|
- Singaporean R Free Rider on Looking “white” in the face
- Singaporean R Free Rider on How governments print money
- Singaporean R Free Rider on Looking “white” in the face
- Confusion says on Tan Chuan Jin has picked up himself from the affair saga
- The Saint on Tan Chuan Jin has picked up himself from the affair saga
- OMEN 1505 on The grandstanding of PM Lee Hsien Loong
- OMEN 1505 on The grandstanding of PM Lee Hsien Loong
- 孔乙己 on Tan Chuan Jin has picked up himself from the affair saga
- Singaporean R Free Rider on Looking “white” in the face
- Singaporean R Free Rider on Scoring brownie points using K2 students’ graduation
- fpc on Tan Chuan Jin has picked up himself from the affair saga
