PUB raised electricity bills...
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...again!
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Hmm...
Since when PUB does electricity now?
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Sorry...it's SP.Originally posted by sbst275:Hmm...
Since when PUB does electricity now? -
No surprise.Originally posted by trueno86:...again!
They just want more profit. Privatise, and as usual.... they will say....we must take care of shares holders first so as to give confident to shares holders to support and expaning of more businesses.
People complain....? oh...gov say..we will look into it or say the raise is unavoidable and is reasonable..further, singapore have no natural resources to depend on but to suck blood from the commoners.
And if not sucking blood from commoners...where do we, the sg gov got so much money to invest in other countries, paying super high salaries for their mini-stars, president, mps, other high ranking officers and CEOs? Right?.....I cannot allow my mini-stars to corrupt and receiving under table money wah..... -
expected...
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HDB used creative accounting by acquiring lands at cheap acquisition costs passing them to state land as owners. State land Office then sells back the lands to HDB at full market prices transferring windfall profits to the consolidated accounts of the government.
Based on newly purchased lands paid at market price, HDB still makes a second round of profit but claims (with some economy discount) through another creative accounting that the HDB flats were sold at subsidised prices.
Power supply predecessor company already used tax payers' monies years ago to acquire lands and purchase fixed networks of cables and stations. Government decided to privatise these services to lessen their costs while giving opportunities to charge at market prices. It wanted to go public at one stage under Ho Kwon Peng chairmanship. Ho in answering to press letters whether public listing of PS would mean lower costs could not give a positive answer and finally has to withdraw the listing because of public unhappiness.
What happen to the PS predecessor's land and networking cables and stations already paid by taxpayers. Through creative accounting, the new corporatised GLC paid for all these assets and profits got transferred to government coffers while citizens were deprived of use of original lands and fixed equipment. PS now charges the full market prices into the utilities bills once again with frequent adjustments to offset oil hikes.
Transport companies operated in the same manner - head I win tail you lose. They enjoy publicly owned facilities previously paid by taxpayers but could increase fares by creative accounting method without full acccountable figures to show the public.
MediaCorp was supported by licence fees paid by the public. Government decided some years ago to privatised the then RTS and make the monies from lands and assets already paid and transfer profits to state coffers. The licence fees paid were conveniently taken over by the government for some media authority and other purposes. Mediacorp and Mediaworks could not make monies and suffered losses over the few years because the licence fees were taken away when they were supposed to be suppored by licences fees taken over by government.
This is called Singapore incorporated not government but incorporated. Citizens pay at full market prices through creative accounting and raising of prices to full market values despite the taxes. All taxes then go to surpluses to allow higher salaries and bonuses to be paid to leaders as seen happening to NKF. -
living cost just keep going up.
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yes its up but whos gonna stop them?
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Well, things always goes up...
Whole day ppl asking for subisdies... I dun see what's the magic with it. It means more spending on govt part and may mean higher taxes -
so you actually think it is justifiable?Originally posted by sbst275:Well, things always goes up...
Whole day ppl asking for subisdies... I dun see what's the magic with it. It means more spending on govt part and may mean higher taxes -
These few days have been reading the newspapers. It says that oil prices are falling. Why is it increase not decrease?
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I think this is the 3rd or 4th time the electricity price is increased
There is no parliment wayang session to discuss about this... -
if i remember correctly...the news stats that the last increase was at julyOriginally posted by mistyblue:I think this is the 3rd or 4th time the electricity price is increased
There is no parliment wayang session to discuss about this...
the increase was about 2 cents +...
wayang or no wayang...its a fact tt the bill is gonna increase...since when have they ever really helped out? -
Electricity tariffs will be increased by about 1.31 cents per kilowatt for the next three months (October to December 2005).
SP Services says this is due to higher fuel oil prices.
With the increase, a family living in a four-room flat, whose monthly electricity bill is $75, may need to pay about $5 more.
The tariffs are reviewed every three months.
The next review will be in January next year. - CNA/ir
Source:http://www.channelnewsasia.com/stories/singaporelocalnews/view/170913/1/.html
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that means lesser online time for me then...
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Haiz like that my father need to pay around $5 more each month if this continue we need to use less on electrcity This is no good for the government as lesser people will consume on electricity and not a lot of money being collected but some just use it as normal. Hope they can lower the price in the next three months All the bills increased but not for the salary(only a little)
Government should give the working people more bounses rising very year -
Originally posted by gorby107:
Have you ever seen them lowering the bills?
Haiz like that my father need to pay around $5 more each month if this continue we need to use less on electrcity This is no good for the government as lesser people will consume on electricity and not a lot of money being collected but some just use it as normal. Hope they can lower the price in the next three months All the bills increased but not for the salary(only a little) Government should give the working people more bounses rising very year -
If you have noticed, the power bill kept rising gradually over the last 10 years.
And I'm certain it will continue to rise over the next ten years.
And Singapore plans to grow the population figures to 7-8 million.
Still want to retire here?
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they will just give excuses to raise fares or bills...n we dun have any say whether to object or agree. That's it, period.
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arent they using natural gas?Originally posted by Lethargic@@:Electricity tariffs will be increased by about 1.31 cents per kilowatt for the next three months (October to December 2005).
SP Services says this is due to higher fuel oil prices.
With the increase, a family living in a four-room flat, whose monthly electricity bill is $75, may need to pay about $5 more.
The tariffs are reviewed every three months.
The next review will be in January next year. - CNA/ir
Source:http://www.channelnewsasia.com/stories/singaporelocalnews/view/170913/1/.html -
Oh ok they rarely or never did that before. See now the oil price is expensive if this continue, sure after next three months still will rise one.Originally posted by Lethargic@@:Have you ever seen them lowering the bills? -
stop whining about price hike.
You choose to say here.
You pwned yourself. -
They forcing people to emigrate..
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Welcome to the migrate-wannabe club.Originally posted by macjoe:If you have noticed, the power bill kept rising gradually over the last 10 years.
And I'm certain it will continue to rise over the next ten years.
And Singapore plans to grow the population figures to 7-8 million.
Still want to retire here?
Yes, it is not worth it to retire in Singapore. But word of caution, plan your migration well first. -
think Canada is a nice placeOriginally posted by Cindyfeh:Welcome to the migrate-wannabe club.
Yes, it is not worth it to retire in Singapore. But word of caution, plan your migration well first.