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Sinkies' ass gets screwed by Pappies again! Transport fares to increase by 10 cents on 28 Dec 2024

Overall, fares will go up by 6 per cent - less than the 7 per cent increase last year when adult fares rose by up to 11 cents for adults per journey.

Those shameless propagandists had to add those words in bold to make daft Sinkies feel touched or comforted by the 'thoughtfulness' of the regime. :laugh:

The fares will keep getting 'revised', so enjoy what you experience now. :cool:
 
It's a never ending price raises in sinkielands. But sinkies seems to be resigned to their fate.
 
They have just given every Singaporean a chicken wing. You shouldn’t be surprised that they will ask the whole chicken back
 
What wait so long then implement….GE cumming issit??
 
"The new formula is aimed at keeping fares affordable and less volatile, the PTC said then, as two components were fixed to reduce swings in fare changes"

Same pattern as to increase the GST is to help the poor.
 

China’s Deflationary Spiral Is Now Entering Dangerous New Stage​

  • Prices seen as falling through 2025 as wages, demand languish
  • Long-term deflation could be major setback to China’s economy


“We are definitely in deflation and probably going through the second stage of deflation.”

“We are definitely in deflation and probably going through the second stage of deflation.”
Photographer: Qilai Shen/Bloomberg
By Bloomberg News
September 9, 2024 at 6:30 PM GMT+8
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Deflation stalking China since last year is now showing signs of spiraling, threatening to worsen the outlook for the world’s second-largest economy and raising calls for immediate policy action.

Data released Monday confirmed that apart from food costs, consumer price growth barely registered in large swathes of the economy at a time when incomes are sagging.
 
10cents and $1 are 2 magical numbers to make most people feel no difference.
You put up worthless item $1 on sale sinkie grab them.
 
They are dishing out Transport vouchers for low SES coolie genes Sinkies to cushion the impact of the increase.
 
Why not increase 5 cents or even 0.01 cents??? Any cents they cfm huat.
 
Would it make more economic sense to buy a monthly concession card at $128? Unlimited travel on buses and MRT.
 

Singapore Seeks to Price Centralized Gas to Recover Costs: BT​


By Sing Yee Ong
September 10, 2024 at 7:55 AM GMT+8
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Singapore’s upcoming government-owned gas company will charge power generation companies on a so called cost-plus basis, on top of a regulated fee to cover operating costs, The Business Times reported, citing Second Minister for Trade and Industry Tan See Leng.

The initiative is aimed to ensure price competitiveness with a centralized gas procurement framework via a gas entity, also known as Gasco, intended to meet Singapore’s power generation needs instead of maximizing profits, Tan said in a parliament debate on Monday while addressing proposed legislative changes relating to the energy market.
Have a confidential tip for our reporters?
 
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