Daily Archives: 2018-10-24

Fares affordability study looks funny?

The transport fares affordability study may leave us with even more unanswered questions? I refer to the article “Singapore ranks 2nd in transport fare affordability” (Straits Times, Oct 24). The article reports on the states that a study of 12 major cities conducted by the Nanyang Technological University (NTU) ranked Singapore as second in terms of transport fare affordability. The …

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Grab to guarantee its driver-partners gross monthly incomes of $6,888 to $11,888 before costs deduction following impending entry of rival Go-Jek

Controversial ride-hailing platform Grab has announced its plans to introduce a guaranteed income scheme for its driver-partners, following the news that Jakarta-based rival Go-Jek will be entering the Singapore market at the end of November this year. Findings from an online poll conducted by Facebook group Singapore Private Hire Car Drivers & Riders Community revealed that 86 per cent of …

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Government policy largely shapes social attitudes

While I am heartened that Prime Minister Lee Hsien Loong (PM Lee) is talking about inequality, I am not really sure if he has said anything new or offered any solutions to the issue. That said, I am encouraged that he is at least willing to openly admit that it exists. I do however have some follow up questions and …

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Why would the government lose money in sale of HDB flats?

The Housing Development Board (HDB) reported on Mon (22 Oct) that it had incurred an overall deficit of $1.7 billion in the last FY. In 2013, then National Development Minister Khaw Boon Wan explained that HDB actually has to pay the government for land to build HDB flats. He said the price of land is tied to acquisition costs, reclamation …

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