Transport fares reduction: For better or for worse?

I refer to the reports “Public transport fares to go down by 2.5% from Jul 3” (Channel News Asia, 20 April) and “Lower fares from July” (Straits Times, 20 April). The former report states that “overall public transport fares will dip by 2.5 per cent from 3 July, but savings will vary from commuter to commuter.” “The Public Transport Council, …

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Differentiating between PRs and S’poreans?

I refer to the report, “HDB to spend $1 billion on upgrading; 85,000 households to benefit” (Today, Apr 19). It reported: “Deputy Prime Minister and Home Affairs Minister Wong Kan Seng said this comes up to nearly $12,000 of upgrading benefits per household. The funds come on top of HDB’s contribution of $3.4 billion for the eight towns since 1990. When asked, …

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CPF restoration now – is it really good news?

NTUC Chief Lim Swee Say recently speaking on behalf of his labour movement said that, “given the strong recovery and performance of the economy in the first quarter as well as the healthy outlook for the rest of the year, and given the healthy low unemployment situation, we think that in a way this is a good opportunity for us …

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Kwong Wai Shiu – 100 years old but will it survive?

One hundred years ago, in 1910, a group of Cantonese merchants founded the Kwong Wai Shiu Hospital (KWSH) to provide their Cantonese comrades with free medical care.  Originally, the hospital only served Cantonese members. In 1974, however, its constitution was amended and it admitted anyone from any ethnic or racial group. The hospital, located along Serangoon Road and which came …

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Helping S’poreans save on electricity bills?

Singapore Power made profits of $1.086 billion in FY2007/2008, which is a per annum increase of 15 per cent. Despite this, in the last quarter of 2009, electricity tariffs for household was raised by 12.5 per cent. And now, in April 2010, it is being raised again.

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HDB Annual Report : Deficit has doubled – really?

By Leong Sze hian According to the Housing Development Board’s annual report, the deficit for FY2008/2009 has almost doubled to $2.12 billion from $1.08 billion in FY2007/2008 – due mainly to an increase in Expenditure from $4.25 billion in FY2007/2008 to $5.23 billion in FY2008/2009. I am puzzled by the Income Breakdown chart and table on page 4 of the financial …

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