Why did it take 15 years to get revelationary ElderShield statistics?
$2.6b in premiums, $100m in claims I refer to the article “Gan Kim Yong: $2.6 billion collected in premiums for ElderShield insurance and around $100 million paid out in claims since 2002” (theonlinecitizen, Feb 18). It states that “from 2002 to end-2015, about $2.6 billion have been collected in premiums for ElderShield...
Who are our ministers trying to kid?
Yaacob Ibrahim Our Minsiters claim to be world class, with more than world class salaries, in a first world country. These Ministers always have a ready answer for everything, no matter how ridiculuous they sound sometimes. But, what do you call a communication Minister who cannot communicate? A transport minister who cannot...
Price increase (na), cost increase (na), but rebates ($71m)?
I refer to the Budget speech that was delivered in Parliament on 20 February. According to the Straits Times report “Singapore Budget 2017: Water prices to increase by 30% from July 1 in two phases” – “Water prices will increase for the first time in 17 years, Finance Minister Heng Swee Keat said on Monday (Feb 20). Increase...
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