Tag Archives: S&P

ELECTRICITY BILL TO FALL AFTER 18.4% DROP IN NATURAL GAS PRICE

After its quarterly electricity tariffs review, SP Services announced on 1 October 2015 (Thursday) that electricity tariffs will fall by an average of 9.3 per cent for the next quarter of the year. The tariff will decrease by 2.06 cent per kWh for Oct 1 to Dec 31. In real terms, the average electricity bill for families living in 4-room flats will fall by $8.78.

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S&P: TEMASEK HOLDINGS IS AS RISKY AS GREECE & JAMAICA

This gets a little technical but important, so the writer begs readers’ indulgence. This report (www.bloomberg.com/news/articles/2015-02-05/temasek-says-singapore-not-greece-in-s-p-critique-asean-credit) highlighted what appears to be a spat between Temasek and the rating agency Standard & Poor (S&P) over the latter’s decision to introduce Standalone Rating to industrial holding companies (IHC).

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