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[Mahbubani.K]: LTA transport masterplan- as successful as "a dog chasing its tail".

[Mahbubani.K]: LTA transport masterplan- as successful as "a dog chasing its tail".
"Paradoxically, the high prices of cars have made them even more desirable as status symbols. This is why luxury brands trump cheap brands in Singapore sales. If the desirability of cars keeps rising, our efforts to curtail car ownership will be as successful as a dog chasing its tail."
"The former mayor of Colombian capital Bogota, Mr Enrique Penalosa, put it very well when he said: 'A developed country is not a place where the poor have cars. It's where the rich use public transportation.'"

Our Ref: LTA/CC/PCF/FB/F20.000.000/17017/VT

Our Ref: LTA/CC/PCF/FB/F20.000.000/17017/VT
Date   : 11-Mar-2010
Tel    : 63961519
Fax    :   63961192
Dear Sir/Madam
GIVE WAY TO BUSES SCHEME IS DANGEROUS AND DISINGENUOUS
FEEDBACK NUMBER: 20100225-0556
We refer to your email of 25 February 2010.

LTA/CC/PCF/FB/F20.000.000/13623/VT

Our Ref: LTA/CC/PCF/FB/F20.000.000/13623/VT
Date    :  29 January 2010
Tel       : 63961519
Fax      :  63961192
Dear Sir/ Madam
GIVE WAY TO BUSES SCHEME IS DANGEROUS AND DISINGENUOUS
FEEDBACK NUMBER: 20100102-0076
We refer to your email of 1 January 2010.   

Nine private bus operators bid to run City Direct routes

Nine private bus operators bid to run City Direct routes
Nine private bus operators have bid to run nine new City Direct routes which link housing estates to the city, and will roll out next January
The Straits Times - September 3, 2013 ; By: Royston Sim
Nine private bus operators have bid to run nine City Direct bus services which will give heartland commuters an extra option in and out of the city.

Champerty: An improvement in access to justice for the poor?

After reading the following article by Andy Ho, I believe that there is a place for champerty [legal dict.][Wikipedia] in Singapore... (I u'stand that this form of charging does not separate legal fees from damages sought: it is all just one lump sum and the lawyer takes cut of 1/3 of damages won) however, if this form of charging is used, then it must be clearly declared to the court before any hearing (along with the damages sought)- each side should also lay clear one's legal costs and the case proceed either by mutual agreement on legal costs (looser pays the bill)- or else get a government order that the case would be heard and the government determines the eventual award and if necessary-legal cost (fixed or by champerty to each party as the case may be).

Is tax on tax equitable?

voices: Our water utility bill contains a Sanitary Appliance Fee, a Waterborne Fee and a Water Conservation Tax.
Is tax on tax equitable?
FROM TONY LOKE YUE CHONG - 10July2013.
Our water utility bill contains a Sanitary Appliance Fee, a Waterborne Fee and a Water Conservation Tax.
The PUB describes the first two fees as levies to offset the cost of treating used water and for operating and maintaining the public sewerage system. Both charges are tax contributions to Singapore’s used water system. The Water Conservation Tax is charged for the use of water. It is levied to reinforce the importance of conserving water.

Make Sentosa more cyclist-friendly

The Straits Times; Published on May 09, 2013
Make Sentosa more cyclist-friendly

Inflation in SG related Pictures:

Inflation in SG related Pictures:

In the Press: S’pore dialogues ‘have influenced policymaking’

In the Press: S’pore dialogues ‘have influenced policymaking’
From The Straits Times 24 Mar 2013-
Rachel Chang.
To those who dismiss the Our Singapore Conversation (OSC) exercise as a wayang, a talkshop or a sideshow, the minister guiding it, Mr Heng Swee Keat, points to the recently passed Budget as evidence that it is already having an impact on policymaking.

GDP: An Imperfect Measure of Progress

GDP: An Imperfect Measure of Progress
By the Editors Jan 31, 2013 7:30 AM GMT+0800
Q
Which is better for a country’s well-being: $10 million spent constructing a jail, or $10 million spent producing a line of smartphones? How about clear- cutting rain forests to produce $10 million in lumber? Or a storm that requires $10 million in repairs?

Why It Makes Sense To Buy Gold

Why It Makes Sense To Buy Gold
by Ritesh Jain
Gold is the most under-invested asset but it still makes sense to buy it
“The desire for gold is not for gold. It is for the means of freedom and benefit.” These words by Ralph Waldo Emerson sum up the reason why the yellow metal continues to hold favour among investors across the globe. While retail investors seek freedom from inflation, large buyers (read Central banks, hedge funds) seek freedom from currency devaluation. In this era of Quantitative Easing (QE) and artificial monetary support, markets are rewarding gold for its sheer quality of maintaining purchasing power. If one cuts off the incessant money printing across the globe, gold would be reduced to a worthless asset in the end. To put it simply, it is not the value of gold that is going up, but the value of currencies that is coming down.

Lawyers ordered to dig into S'pore history: Hougang by-election case

Lawyers ordered to dig into S'pore history: Hougang by-election case
Straits Times; 15 Jan 2013; Goh Chin Lian
Legislation in 1963 may shed more light on by-elections: Court of Appeal
THE Hougang by-election case is now before the Court of Appeal, which yesterday ordered lawyers on both sides to dig into Singapore's legislative history in 1963 to shed more light on the law and the calling of by-elections.

Singapore Government, Money printing, 1989-2011.

GamerSg wrote:

Please lah, the CPI stats is produced by the very ppl who cause inflation. You must be damn naive to believe the inflation figures.

Its a open secret that CPI is many times lower than real inflation. You want real inflation figures, go MAS website, see M1 money supply since 2000. In last 12 years, SGD has lost 75% of value.

Taxman claws back $3.2m from doctors after checks

 Taxman claws back $3.2m from doctors after checks
Straits Times: 06 Jan 2013: Theresa Tan
Audits show that most doctors made errors in tax claims, and some meant to cheat
A doctor under-declared his income by $1.6 million over a six- year period and claimed that various family members were highly paid staff at his clinic.