think we will die and our savings all gone...Originally posted by lionnoisy:2.If CSJ run Spore,he just sell all in Temasek and GIC and declare
Spore 5 years tax free period,
In next election,99.9999% people will vote for him again.
Cheers!!
Originally posted by Rock^Star:This list should be kept alive for at least 3.5 years more.
[b]The relentless rising cost of living in Singapore
Posted by theonlinecitizen on August 27th, 2007
The following is a collated list of price increases which TOC could find – from various news reports, blogs, websites, forums, etc – since Jan 2006 to the present.
If we have left out any, please do let us know. If you have observed any price hikes around your neighbourhood (or anywhere else) please let us know also.
We can be reached at [email protected]
The list may not be comprehensive and any clarification is welcome.
2006
Jan 9: Pump prices at all 29 Caltex stations will go up from 11pm on Monday night. Prices will go up by four cents per litre for all three grades. (link)
Feb 13: Polytechnics and ITE increase fees by $50 and $10 respectively (link) (link)
Feb 14: NTU, NUS to raise tuition fees by 3% from next academic year. Tuition fees at both the National University of Singapore and Nanyang Technological University will go up by S$180 for the next academic year. This 3 percent increase comes on the heels of a 5 percent hike just last year. (link)
Mar 6: Expect annual tuition fee increases. Hostel fees will also go up by 10% to 11% from next academic year. (NTU) (link)
Mar 9: Retail pump prices for Synergy petrol and diesel at all Esso and Mobil service stations in Singapore were increased by 6 cents a litre. (link) (link)
June 1: NTUC Car Co-Op raises fuel surcharge: We cannot continue subsidizing the fuel price increase in the long run without compromising the quality of service. Thus, the management has decided to implement a fuel surcharge of $0.30 for every 10km free with effect from 1 June 2006. (link)
June 27: Electricity tariff to go up next quarter. Domestic users, for example, will have to pay 21.15 cents for every kWH of electricity, up from 20.49 cents currently. (link)
July 10: Comfort Delgro raises taxi fares. Besides raising the flag down fare and the peak hour surcharge from $1 to $2, ComfortDelgro is also making distance-related adjustment. (link) (link)
July: Taxi companies raise fares. (link) (link)
July 17: SMRT hikes taxi fares. (link)
Aug: SMRT, SBS apply for fare hike. (link)
Aug: NUS hikes tuition fees by between $180, $220, and $510, depending on faculty. (link)
Aug: ERP rates to go up at six gantries, mainly at CTE. (link)
Oct: Public Transport Council approves 1.7% fare increase for bus and trains. Adult EZ-link fares for buses and trains will increase by 1 to 3 cents, which amounts to an overall fare hike of 1.7 percent. (link)
Nov: SingPost revises postage rate. (link)
Nov 12: Rates for HDB rental flats pegged to income. (link)
Dec: Govt spells out fees to be frozen. (link)
2006: Loan sharks cases rise by 19%, to 10, 221 cases. (link)
2006: A total of 419 people committed suicide in 2006, up from 346 in 2003. The suicide rate per 100,000 residents - a sobering indicator in population statistics - is also on the upswing, growing from 9.3 in 2003 to 10.3 in 2006, figures from the Registry of Births and Deaths reveal. It is the fourth straight rise in as many years. (ST, Aug 13, 2007) (link)
2006: Islandwide, home rentals climbed 10 per cent in 2006. (ST, Aug 6, 2007) (link)
2006: At Alexandra Hospital, A&E charges went up from $55 to $60, as did C-class ward charges — from $21 to $23 — and subsidised specialist outpatient clinic consultation rates, from $18 to $20. (link)
[/b]
Is this list to be categorized under PAP's achievement?Originally posted by LimSianTong:This list should be kept alive for at least 3.5 years more.![]()
U should seen the parliamentary debate last night when MP Lily Neo questioned the MITA Lim Hng Kiang over the inflationary problem, he quicklyOriginally posted by reddressman:Hello Friends,
As a consumer , price changes affects me.
I like to know how I have been spending money. How prices have changed. Price patterns and its evolution. I need to also factor in Inflationary effect.
As cost of living has risen to 1st world standard and recently so many prices hiked, I need to revise my plans, my savings plan, my expenditure. I need to see how much more am I spending , need to spend so that I can plan for retirement.
Thus, I would suggest that its of value and even sellable if someone compiles all the news articles about when price hiked and what hiked based on a chronological order and relating to events which caused the hikes, if any, and sell it as a consumer price index kind of reference material. So that we will never forget and at appropriate times, can rely on this book of facts to assess price hikes. Like if operator A wants another price hike, I can refer to this book of facts to see the pattern of price hikes over the years and see if its justifiable and from this book i can decide to support or not the price hike.
I think this kind of book should not be considered political as it is consumer price book of facts.
what say you?
I think I am not against anyone who never fail to support PAP.Originally posted by Rock^Star:Thanks for giving the PAP a mandate. This is so that the national culture of price increase at the slightest trigger can continue to thrive.
2008 price increase? Sure, why not?
2009?
2010?
2050?
2100?
Of course! Thanks a million.
that's for the ministers. as for the peasants, 30% increased to the C wards hospital billsOriginally posted by carrotsoup:What abt the mother of all rise? the minister pay rise? or did i miss it from the list?
dont u feel that pay is getting lesser n lesser when all this shit increase..u noe how many local company make use of this increase to say they dun earn at all must cut payOriginally posted by mancha:This is really silly.
Which country has gone from cheap to cheaper from year to year, year on year?
Which country has the price of a cup of coffee, say 50cents to 40cents to 30 cents to 20cents to 10 cents to 5 cents, and then 1 cent? and next year will be even cheaper?
Rising prices is a fact.
We are all going to die, is also a fact.
So what's the beef?
X3Originally posted by dbowie:I smell sarcasm.![]()
I think many think like you.Originally posted by FireIce:u tink if no vote for PAP we now all will be living better ma?
As citizens of a developed nation, one does not ask for zero inflation as this would lead to an erosion of corporate profits and growth. A loss of employment will ensue as well. Inflation is definitely inevitable.Originally posted by ah_kwang:seems like ppl here don't understand economics.![]()
for every developed/developing countries, inflation is a norm. Deflation or stagnation or hyper-inflation can mean that the country is slipping into crisis. A small amount of inflation is often viewed as having a positive effect on the economy. One reason for this is that it is difficult to renegotiate some prices, and particularly wages, downwards, so that with generally increasing prices it is easier for relative prices to adjust. many prices are "sticky downward" and tend to creep upward, so that efforts to attain a zero inflation rate (a constant price level) punish other sectors with falling prices, profits, and employment.
Efforts to attain complete price stability can also lead to deflation which is generally viewed as a negative outcome because of the significant downward adjustments in wages and output that are associated with it.
sorry to those who cant understand
that is why i am telling people not to jump to conclusion using their own mix and match knowledge.Originally posted by ah_kwang:seems like ppl here don't understand economics.![]()
for every developed/developing countries, inflation is a norm. Deflation or stagnation or hyper-inflation can mean that the country is slipping into crisis. A small amount of inflation is often viewed as having a positive effect on the economy. One reason for this is that it is difficult to renegotiate some prices, and particularly wages, downwards, so that with generally increasing prices it is easier for relative prices to adjust. many prices are "sticky downward" and tend to creep upward, so that efforts to attain a zero inflation rate (a constant price level) punish other sectors with falling prices, profits, and employment. Efforts to attain complete price stability can also lead to deflation which is generally viewed as a negative outcome because of the significant downward adjustments in wages and output that are associated with it.
not that i'm being pro-govt but just a little information about why prices are increasing. singapore has an mixed economy and there are many factors why inflation is occurring. the rich poor divide is another problem that is existent in every developed country today. unless singapore closes itself like north korea or make itself communist to distribute wealth 'equally', it will always exist in a globalised economy as millionaire businessmen continue to make more and more money. So even if the opposition take over or PAP continue to rule price will continue to increase unless the govt is willing to let our country slide backwards or turn us into a welfare state.
sorry to those who cant understand
how come even yin and yang is in the discussion liao?Originally posted by reddressman:WP recently applied for permission for an outing. What happened?
If PAP applied, what happens?
This is the kind of issues I like to draw people's attention to.
Its not about which party should win or which should loose. Which to hate and which to love. This is not soccer. Its our society and we have a part to play.
When I see a blind man trying to cross the road, I will lend a hand to help him cross the road safely, regardless who he is.
Its only the People who can balance the Ying and Yang. We need to look into ourselves and find the calling to do what is right. Every 5 years there will be voting. If things don't work out right, we the People shall fix it by making it right again. Without some help from the People, political parties are nothing.
Originally posted by Rock^Star:taiwan has many problems also. i have taiwan channels and i see the disputes they have between different parties.
[b]Extracts from an essay by Gary Dean (who specialises in the culture, economics, history and politics of SEA countries):
This ability to innovate is crucial to an economies ability to extract rents from the market for new products. Because Singapore's export economy is dominated by non-Singaporean transnational corporations (TNCs) who have not been burdened with the need to directly share their technologies, Singapore's capability to innovate is said to be much less than that now displayed by Taiwan and South Korea.
[/b]
http://www.okusi.net/garydean/works/fdising.html[/b]