Is our public transport the most profitable in the world?
I refer to the article “SBS Transit profit grows 50% to $47m” (Straits Times, Feb 12). It states that “Bus and train operator SBS Transit posted a 50.3 per cent rise in net earnings to $47.1 million for the year ended Dec 31, 2017.” SMRT‘s “operating profit increased 14.6% to $138.5 million” in FY2016. In this...
Is the average resale levy more or less than the average housing grant?
I refer to the article “11,000 households get government grant in buying resale flats near parents or children” (Straits Times, Feb 11). It states that “About $211 million in PHG has been disbursed to the 11,000 families, HDB said”. So, does it mean that the average grant is $19,182 ($211 million divided by 11,000)? What...
Are we doing ‘too much’ to achieve ‘too little’ for Singaporeans on jobs?
There are 3.5 pages on jobs in today’s Sunday Times (Feb 11). It states that “The number of foreigners working here was also a major issue earlier in the decade, when Singaporeans were concerned about competition for jobs and the strain on infrastructure”. So, what are we saying? That “The number of foreigners working here was...
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