Why when fuel price drops, the electricity tariff drops much less?
Leong Sze Hian I refer to the Energy Market Authority’s (EMA) reply “Tariff changes mainly due to fuel price changes” (Today, May 17) to my letter “Tariff not falling in tandem with decrease in fuel price” (Today, May 17). It states that “when fuel prices increased by 8 per cent from January to July 2006, the tariff...
Lesson from Spain for Singapore – the property bubble
The Eurozone debt crisis which begin in 2010 is now back in the headlines again with Spain in the focus. The news has been on the government's recapitalization of it's third largest bank, Bankia. However, Spain's problem is much more serious and profound than just bailing out a bankrupt bank. Their difficulties include soaring...
Fail, Fail, Fail!
While thinking of a word/words to describe the performance of our government over the past few years, I realised that the title of this article is appropriate. I am a Singaporean residing overseas but I follow developments in Singapore through the internet and online forums. It is not hard to see that Singapore now is very different...
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