Tag Archives: water price

Mahathir’s Bersatu Johor Branch Asks SGreans To Pressure Govt To Review Water Prices

When your leader speaks up, then the cronies would have to follow. That is what is happening across the Causeway, as PM Mahathir's Parti Pribumi Bersatu Malaysia, through their Johor chapter, has called on Singaporeans to put pressure on the Singapore Government to review the prices of the water deal with Malaysia. They reiterated Mahathir's stand, which is it is morally wrong for a rich country like Singapore to bully a poor country like Malaysia.

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ACTIVISTS TO ORGANIZE PROTEST AGAINST WATER PRICE HIKE @ HONG LIM

When finance minister Mr Heng Swee Kiat went to deliver the budget speech in Parliament, many people were relieved to know that the minister has finally recovered from his horrible stroke and ready to serve the country again. But the welcoming relief soon turned to shock as the minister drops a bombshell by announcing a 30% price hike in our water pricing.

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GOVT WON’T TELL S’POREANS ABT PUB LOSSES DUE TO “COMMERCIAL SENSITIVITIES”

“On Wednesday, fellow WP MP Png Eng Huat asked about the scale of losses made supplying water. If this Government is bent on raising the price of an essential commodity by 30 per cent, it is certainly the right time to open the books to Singaporeans to justify the increase,” he said. In response, Mr Masagos said: “We are unable to provide details of computation because of commercial sensitivities”.

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ECONOMIST DONALD LOW EXPLAINS PAP’S WATER PRICE HIKE BETTER THAN THE PAP, THINKS S’POREANS WILL ACCEPT PRICE INCREASE

I think Singaporeans would accept the water price increase if they understood the concept of long-run marginal cost. So here's my economics 101 effort at explaining it. Economists are not impervious to the needs of the poor or disadvantaged. But the way to help them is not to distort prices or to depress prices artificially. Rather it is to provide them direct cash transfers. So when it comes to water pricing, the right approach should be to price water correctly and to help the poor directly through water rebates.

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PAP TRYING TO TURN WATER INTO LUXURY ITEM FOR THE RICH?

Water price hike is normal but to increase 30% is abnormal. Normal will be 1%-5% for necessities like water. Water must never be a luxury. Ask any business manager or accountant, 30% increase can be only due to incompetency, greed, power, bad accounting and bad management.

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Malaysia lost right to review price of water, says Shanmugam

Foreign Minister K Shanmugam stressed that this was under the terms of the 1962 Water Agreement. He was responding to recent reports in the Malaysian media that Johor wishes to review the price of raw water sold to Singapore. Mr Shanmugam said the Water Agreement is guaranteed by the Separation Agreement, which gave Singapore independence in 1965. He said: "Both Agreements are international treaties which are vital to us, our sovereignty and our security. The terms… cannot be changed unilaterally."

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