Tag Archives: Rising Costs of Living

S’POREAN IT GRAD: I AM THE LOWEST PAID EMPLOYEE IN MY MNC

Of the Singaporeans in my company, I had the lowest salary but did the most hands on job of building the software. The rest, foreigners, earn more than me. There were only 2 other foreigners earning the same pay scale as me but as they no need to pay CPF, they get the full amount plus employer contribution in cash. There are female sinkies who are YOUNGER than me but earn at least 1k more than me.

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LUI TUCK YEW: WE WON’T MODERATE THE SURGE IN COES FOR NOW

In an interview with the media, outgoing Transport Minister Lui Tuck Yew said that the Ministry of Transport (MOT) would not moderate the unusual surge in Certificates of Entitlement (COE), which he expects to begin to fall from mid-2018. The COE quota for motor vehicles is usually determined by the number of cars scrapped or deregistered in the preceding quarter. Analysts have complained that the ups and downs seen recently in the car market causes too much uncertainty and is not good for car dealers.

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FARES CUT 1.9% DUE TO LOWER OIL PRICES, BUT INCREASED 2.8% IN APRIL ALSO DUE TO LOWER OIL PRICES?

According to the Straits Times news report “Bus, train fares to be cut by up to 1.9 per cent from December: Lui Tuck Yew” (Aug 3) – “Transport fares will be reduced by up to 1.9 per cent from December, said Transport Minister Lui Tuck Yew on Monday (Aug 3). He added that he would leave it to the Public Transport Council to work out the specific reductions, but expects “every commuter group” to pay lower fares.”

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POLYCLINICS RAISED CONSULTATION FEES QUIETLY, REFUSE TO COMMENT ON HOW MUCH

If you noticed that you've been paying more for your polyclinic consultation trips, you are not alone. A recent news report shows that Singaporean adults are now paying more for their basic consultations ($11.90 for adults, max of $6.80 for children and senior citizens) as compared to last year. In data for last October, basic consultations for adults was between $11 and $11.30, while children and senior citizens paid $6.10 to $6.40 max.

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COFFEESHOP FRANCHISES ARE RIP OFFS WITH POOR FOOD

Coffee shop franchises imo are no longer worth the price. Unlike say a starbucks, crew at least have some prep training. most franchise chinese base kopitiam, what kind of traning and QC did their uppers give to the basic staffers? How much attention do cooks pay to make sure nothing is wrong with your food rather than just going thru the motion?

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FOREIGN MEDICAL TOURISTS FIND SINGAPORE TOO EXPENSIVE

Singapore is finding it harder to retain its title as the region's top medical tourism hub as patients eye cheaper options elsewhere while government support for the sector wanes, a new report has warned. It also noted that the challenges will only intensify as improved standards in neighbouring cities test the price premiums here, which are further exacerbated by a strong Singapore dollar.

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