Why are electricity prices increased when the prices of gas has fallen?
A reader asked this question in the Straits Times Forum. The director of the Energy Market Authority gave this reply. Is he giving the correct picture? This is my understanding of the electricity market. The operators have signed up for gas prices based on long term contracts. The new operators are assured of a fixed price...
Respecting the late LG Ng Jui Ping, for his courage in forging it in the private sector
In an interview with the Sunday Times, the late Chief of Defence Force Lieutenant-General (LG) Ng Jui Ping was quoted as saying, "I surely cannot be seen in my second career to be living off the Government". The late LG Ng revealed that, a year before his retirement, he had a conversation with the then-DPM Lee Hsien Loong...
Expensive F35 figher jets versus helping the underprivileged?
The US State Department has approved the sale of 12 F35-B fighter jets to Singapore at an estimated cost of S$3.71 billion. If the sale is approved by the Congress, we will be the fourth country in the Asia-Pacific region to own the F35 jets after Japan, South Korea and Australia. If we pause for a moment and ponder, our situations...
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