One month away from Singapore and I come home to so much news.
Pardon me for being late in bringing this up because I just came home, but a 21 percent hike in electricity tariffs?
In the midst of a recession?
And we just sat at home, sucked our thumbs and accepted it?
Then 10,000 Minibonds investors lost their money from Lehman's collapse, as well as those who bought High Notes and Jubilee Notes.
Our MAS chairman, Mr Goh Chok Tong says, "that’s life, if you want good rewards, you have to take risks. Otherwise, leave your money with the CPF."
Thank you for your reassuring words, Senior Minister, sir. Not like that troublesome and kaypoh fella, Tan Kin Lian, who has taken it upon himself to provide leadership in this fiasco, even though he was not a victim himself.
I also found out Singtel hiked their landline charges and SPH increased the price of their papers too.
Who says hikes can't happen in the midst of financial crisis? Singapore proves it can!
At least Singapore came in First yet once more, in these difficult times:
Singapore was the first Asian economy to fall into recession.
Yay us.
