Wild Stories | The relentless rising cost of living in Singapore

Chapter #1

3 Mar 17, 17:42

The relentless rising cost of living in Singapore

http://forums.$$$$$$$$$$$$.com.sg/current-affairs-lounge-17/relentless-rising-cost-living-singapore-1708031.html

http://theonlinecitizen.com/2007/08/...-in-singapore/

The relentless rising cost of living in Singapore

Posted by theonlinecitizen on August 27th, 2007

The following is a collated list of price increases which TOC could find – from various news reports, blogs, websites, forums, etc – since Jan 2006 to the present.

If we have left out any, please do let us know. If you have observed any price hikes around your neighbourhood (or anywhere else) please let us know also.

We can be reached at

[email protected]

The list may not be comprehensive and any clarification is welcome.

2006

Jan 9: Pump prices at all 29 Caltex stations will go up from 11pm on Monday night. Prices will go up by four cents per litre for all three grades. (link)

Feb 13: Polytechnics and ITE increase fees by $50 and $10 respectively (link)(link)

Feb 14: NTU, NUS to raise tuition fees by 3% from next academic year. Tuition fees at both the National University of Singapore and Nanyang Technological University will go up by S$180 for the next academic year. This 3 percent increase comes on the heels of a 5 percent hike just last year. (link)

Mar 6: Expect annual tuition fee increases. Hostel fees will also go up by 10% to 11% from next academic year. (NTU) (link)

Mar 9: Retail pump prices for Synergy petrol and diesel at all Esso and Mobil service stations in Singapore were increased by 6 cents a litre. (link) (link)

June 1: NTUC Car Co-Op raises fuel surcharge: We cannot continue subsidizing the fuel price increase in the long run without compromising the quality of service. Thus, the management has decided to implement a fuel surcharge of $0.30 for every 10km free with effect from 1 June 2006. (link)

June 27: Electricity tariff to go up next quarter. Domestic users, for example, will have to pay 21.15 cents for every kWH of electricity, up from 20.49 cents currently. (link)

July 10: Comfort Delgro raises taxi fares. Besides raising the flag down fare and the peak hour surcharge from $1 to $2, ComfortDelgro is also making distance-related adjustment. (link)(link)

July: Taxi companies raise fares. (link)(link)

July 17: SMRT hikes taxi fares. (link)

Aug: SMRT, SBS apply for fare hike. (link)

Aug: NUS hikes tuition fees by between $180, $220, and $510, depending on faculty. (link)

Aug: ERP rates to go up at six gantries, mainly at CTE. (link)

Oct: Public Transport Council approves 1.7% fare increase for bus and trains. Adult EZ-link fares for buses and trains will increase by 1 to 3 cents, which amounts to an overall fare hike of 1.7 percent. (link)

Nov: SingPost revises postage rate. (link)

Nov 12: Rates for HDB rental flats pegged to income. (link)

Dec: Govt spells out fees to be frozen. (link)

2006: Loan sharks cases rise by 19%, to 10, 221 cases. (link)

2006: A total of 419 people committed suicide in 2006, up from 346 in 2003. The suicide rate per 100,000 residents - a sobering indicator in population statistics - is also on the upswing, growing from 9.3 in 2003 to 10.3 in 2006, figures from the Registry of Births and Deaths reveal. It is the fourth straight rise in as many years. (ST, Aug 13, 2007) (link)

2006: Islandwide, home rentals climbed 10 per cent in 2006. (ST, Aug 6, 2007) (link)

2006: At Alexandra Hospital, A&E charges went up from $55 to $60, as did C-class ward charges — from $21 to $23 — and subsidised specialist outpatient clinic consultation rates, from $18 to $20. (link)

http://theonlinecitizen.com/2007/08/...-in-singapore/

2007

Jan: All diesel-driven vehicles to undergo smoke test. (link)

Jan: NUH’s A&E fee raised from $70 to $80. (link)

Jan: Skilled Foreign workers levy raised by $50, from $100 to $150, for all sectors. (link)(link)

Jan 26: SMU Law Course to cost more, NUS says it may increase fees too. (link)

Feb: KK Women’s and Children’s Hospital hikes ward treatment fees. (link)

Feb 14: Tax penalties from GST audits could increase. With the hike in Goods and Services Tax (GST) by two percentage points, tax analysts said tax penalties arising from businesses making mistakes in GST audits may also increase. (link)

Feb 25: Sunny Cove: Fees to Pulau Hantu Raised - As of 24th February 2007 (Saturday), the operator had increased the price for the chartering of boat to local water. With the price hike, all courses conducted at local water will be subjected to the increase from 25th February 2007 (Sunday) onwards. (link)

Feb 25: Eldershield premiums to go up by year’s end. (link)

April 1:Singapore Medical Association withdraws guidelines on fees. Doctors now have more flexibility to adjust their fees, following a decision by the Singapore Medical Association (SMA) to withdraw its guidelines on fees, as of 1 April. (link)

April 1: URA increase fees for Housing Developers’s Licence – from between $500 to $8,000. (link)

April 2: NUS revise car park charges. (link)

April 8: Means testing for hospital admission to start within a year. Subsidised patients that stay more than five days in a public hospital can expect some questions about their income. (link) (link)

April 11: Ikea to start charging customers for plastic bags. (ST, 11 April, 2007)

April 25: The SingaporeAmericanSchool increased tuition fees by between $425 and $1,000. (link)

April: Within hours of each other, the four petrol companies in Singapore - First Shell, then Singapore Petroleum Company (SPC), ExxonMobil and lastly Chevron - each revised its prices. The retail price of petrol and diesel rose by 10 cents. (Electric New Paper) (link) (link)

http://theonlinecitizen.com/2007/08/...-in-singapore/

April 25: The SingaporeAmericanSchool increased tuition fees by between $425 and $1,000. (link)

May 14: NUH increase ward charges for B2 and C-class wards by $2, increases of 4 and 8 per cent. (link)

May 23: DBS raises its e-transaction fee for initial public offering (IPO) applications. Retail investors who applied for IPO shares launched on or after that date, through the local bank’s ATMs and Internet banking, were surprised that they now have to pay $2. (link)

May 29: New fee hikes at public hospitals and polyclinics. A NEW round of fee hikes is underway at most public hospitals and some polyclinics. Subsidised patients at four public hospitals will now pay $24 or $25 for every visit to a specialist clinic, up from about $21. All 18 polyclinics, which used to charge a standard consultation fee of $8 for adults, now charge anything from $8-$8.80. (link)(link)(link)

May: From milk to Milo, cooking oil to coffee, canned foods, processed foods, wheat products and more, prices have been rising recently at supermarkets and hypermarts here. (link)(link)(link)

June 1: Prices of milk go up. The price increase for condensed milk ranged from $0.10 to $0.50, which means the prices for some brands of condensed milk have gone up by nearly 45 per cent. The price increase for evaporated milk ranged from $0.15 to $0.47, marking a percentage increase of between 18 per cent to 48 per cent. (link) (link)

July 3: Resale price index for HDB flats rise 2.9% from 3 months before. (link)

June 4: Online hosiery shop increases price. There will be a overall price increase on 4th June 2007 for all brands due to increased cost of yarns and cost of shipping. (link)

June 6: Even before the Nets fee hike kicks in, a shoe shop in Parkway Parade has already started charging customers extra to cover the increase. (link)

June 7: Wholesale price of ducks goes up. The wholesale price of ducks has increased by 20 cents a kilogram. (link)

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Chapter #2

3 Mar 17, 17:44

http://theonlinecitizen.com/2007/08/...-in-singapore/

June 7: Wholesale price of ducks goes up. The wholesale price of ducks has increased by 20 cents a kilogram. (link)

June 7: Eggs price increase. Eggs now cost between 17 cents and 18 cents each. (link)

June 29: Rental space rents rise. Islandwide, rents at Grade A malls have moved up by between 5-7 per cent in the first half of this year and could increase by another 5-6 per cent by end-2007, analysts said. (Business Times, June 29, 2007) (link)

June 29: Fees up by 14% on average at NUS. Two days before the higher 7-per-cent GST kicked in on July 1, prospective students of the continuing education arm of the National University of Singapore (NUS) received news that fees for many courses had gone up — by an average 14 per cent. (link)

July 1st: GST increased from 5% to 7%. (link)(link)

July 1st: THE Singapore Petroleum Company (SPC) and market leader ExxonMobil became the first companies to raise pump prices at their petrol stations following the GST hike. The two companies increased prices across the board for their three grades of petrol and diesel by 0.23 cents to 0.33 cents per litre from 7am. Caltex will be increasing its pump prices on Monday. (ST, July 1, 2007) (link) (link)

July 1st: NETS announced a price hike for its Electronic Funds Transfer Point-of-Sale (EFTPOS) and CashCard Services to between 1.5% and 1.8%. (link)(link)

July 1st: Pasir Ris – Punggol Town Council revise penalties for late payment of S&C charges to 2% and absorb 7% GST. (2004 rates) (2007 rates)

July 4:The Committee Against GST Profiteering (CAP) has found price changes to be generally moderate since the announcement of the GST increase in November 2006. (link)

July 10:ChangiGeneralHospital increases A&E charges. Following in the wake of earlier hikes by the National University Hospital and Alexandra Hospital, CGH this month increased its A&E attendance fee by $10 — or 15 per cent — to $75. For the B2 and C-class wards, the daily treatment fee went up by $1, representing a 6-to-10-per-cent increment. The daily ward charge for B2 wards also rose by $1, or 2 per cent. (link)

July 11: Starhub raise prices for cable tv packages. SCV subscribers pay $4 more across the board. (link)(link)(link)

July 11: The Committee Against GST Profiteering has received 33 complaints in the past six months about price increases, all dealing with food items. About 10 cases involve chain businesses. (ST, July 11, 2007) (link)

July 15: Electricity tariffs to be raised by almost 9% for July to September. (link)

July 18: Govt raises development charge from 50% to 70% for new building projects from 50 per cent to 70 per cent of the increase in value of the land. (link)(link)

http://theonlinecitizen.com/2007/08/...-in-singapore/

July 15: Electricity tariffs to be raised by almost 9% for July to September. (link)

July 18: Govt raises development charge from 50% to 70% for new building projects from 50 per cent to 70 per cent of the increase in value of the land. (link)(link)

July 21: HDB rents at 10-year high. For the first time in recent memory, monthly rents for some HDB flats have pushed northwards of $2,000 in leases signed in the last couple of months. (ST, 21 July 2007) (link)

July 25: Hospital bills up 10% to 30% across all ward classes. (link)

July: July inflation hits 2.6%, highest in over 12 years. (link)

July (CPI): Housing costs increased 4.9 per cent because of higher housing maintenance charges, electricity tariffs and rented accommodation costs. (ST, Aug 23, 2007)(link)

July (CPI): Food prices went up by 1.4 per cent, mainly due to dearer cooked food, fresh fish, fruits, vegetables and milk powder. (link)

July (CPI): Transport and communication prices moved up by 1 per cent, reflecting mainly dearer petrol and higher car prices. (link)

July (CPI): The index for education and stationery rose by 2.1 per cent as a result of higher fees at commercial institutions and universities. (link)

July (CPI): Prices of clothing and footwear increased by 3.9 per cent. (link)

July (CPI): Health care cost rose by 2.2 per cent on account of dearer chinese herbs and higher charges for general medical consultation and dental treatment. (link)

Aug 2: SBS, SMRT seeking bus, train fare increases. If approved, transport fares could rise by up to three cents from October. (link)

Aug 2:Singapore Airlines raises fuel surcharge – from between US$2, US$5 and US$9. (link)

Aug 6:ERP rates at Orchard, YMCA and Fort Canning Tunnel to go up. From August 6, cars passing the Orchard, YMCA and Fort Canning Tunnel gantries will be charged an additional $0.50. That makes it $1 per entry. Rates for motorcycles will also double to $0.50. Goods vehicles and small buses will now be charged $1.50. Heavy goods vehicles and big buses will be charged $2. (link)

Aug 7: Student made to pay adult fare. (link)

Aug 8: 17% hike in Delifrance’s tuna croissant sandwich, from $5.05 to $5.90. (link)

Aug 10: Change of supplier sees spike in price of medicine. A 80ml bottle of Minoxi 5 from Trima Pharmaceutical used to cost $38.50. This time round, the price was $45.50 for a 60ml bottle. Going by volume, the price increase was a hefty 57.6 per cent. (ST Forum, Aug 10, 2007) (link)

Aug 13: Up to 30% levy imposed on hotel room revenues during F1 race. The Trade and Industry Ministry (MTI) has decided a levy of 30 per cent for hotels on the trackside, and 20 per cent for others. (link)

http://theonlinecitizen.com/2007/08/...-in-singapore/

Aug 7: Student made to pay adult fare. (link)

Aug 8: 17% hike in Delifrance’s tuna croissant sandwich, from $5.05 to $5.90. (link)

Aug 23: More ERP gantries, extended hours. (link)(link)

Oct: Starhub Cable TV sports channels subscribers pay $10 more. (link)

Sept 1st: New dog licensing rules. To discourage dog owners from keeping unlicensed dogs, allowing their dogs to stray or not muzzling dogs of breeds2 that are required to be muzzled in a public place (eg, the Rottweiller or Mastiff); the maximum fine for such offences has been raised from $500 to $5,000. (link)

Sept:Singapore Indian Fine Arts Society to increase fees from between $5 to $10 due to the society becoming a GST-registered entity. (link)

Oct: Public transport fare increase?

2007: HDB ups valuation and administrative fees for valuation report of flats. This is to include the new 7% GST. (link)

Quote:

Aug 24:

‘With rents rising, and some retailers not passing on the GST hike until later, we expect CPI inflation to continue to climb, probably close to 3 per cent towards year-end,’ said Citigroup economist Chua Hak Bin.

“Consumers Association of Singapore president Yeo Guat Kwang, who is also MP for Aljunied GRC, said if prices go up because of supply and demand conditions, that cannot be helped: ‘What we need to ensure is that price adjustments are fair.

‘So far, we haven’t seen a phenomenon of businesses profiteering from the GST rise,’ said Mr Yeo, who is the deputy chairman of the Committee Against GST Profiteering.

‘Most importantly, prices of basic necessities have remained stable.’

(Straits Times, Aug 24, 2007)

Other reports:

A relentless spiral by Littlespeck. (link)

CASE survey. (link)

Govt spells out fees to be frozen. (link)(link)

http://theonlinecitizen.com/2007/08/...-in-singapore/

Unconfirmed – from internet forums and blogs:

teh_si - Price of Marigold HL milk up from $4.85 to $5.25 for two (13% increase) and Milkmaid condensed milk from $1.10 to $1.60 (45% increase). Han’s restaurant increased its price for breakfast sets from $4.80 to $5.50 from May 15.

Man in the streets- I was at the roti-prata shop along jln masjid having lunch with a client, I heard the kosong roti will increase to 70 cents per piece. CASE is sleeping or closing its eyes.

nannan82:Even the chicken rice I used to eat was raised to $3 from $2.5 dollar recently at hawker centre.

ITR Guy: My fav yoghurt was selling for 2 for 1.7 to 1.8 depending on supermarket is now going for 2 ****…

Apr 30 - ERP rates to go up at 5 gantries. The rates of five Electronic Road Pricing (ERP) gantries will increase by 50 cents for all vehicle classes starting from May 7, 2007.

April 5 (ST) - Beware spike in docs’ fees. THE dumping by the Singapore Medical Association (SMA) of private doctors’ consultation fee guidelines effectively deregulates the service.

Mar 31 (ST) - Motor premiums could go up as insurers lose money.

Hike expected as half of insurers are facing losses and cannot sustain premium levels.

Jan 20 (ST) - Big surge in CBD carpark rates. Situation could get worse as some 2,000 parking lots are likely to disappear soon. Carpark owners are raising rates - driving vehicle owners in the Central Business District (CBD) up the wall. Now $160-$330, monthly season charges will go up by 20%. The occasional visitor will pay up to $4.80 an hour weekdays.

Xen, Jan 17: Ya Kun stuck a statement beside its cashier, added 20 cents to its menu, and pushed its Set A to $3.90. Even my Kosong Prata went from 50cent to 60cents, effectively a 20% increase.

May 2007:Singapore Expats Forum: Our tenancy agreement is due to expire in 2 months time. We’ve just had notification from the landlord that he wants a 30% increase in rent!! (link)

Post #2

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Chapter #3

3 Mar 17, 17:56

Since when Fish(Seafood) is cheaper than Chicken (Poultry) ?? Ikan Bilis ??

I find the MP’s statement unbelievable.

Reminds me of a story from France.

Minister : The people are complaining they can no longer afford bread and are going hungry.

Queen: Cannot afford bread ? Eat biscuits lor …..(meaning not my fault)….lol

MP for Jurong GRC Halimah Yacob, who will ask Trade and Industry Minister Lim Hng Kiang how the Government is tackling the situation, said more can be done to educate people on eating less-costly alternatives.

‘For example, the price of chicken may be rising fast, but we can encourage Singaporeans to turn to alternative sources of protein, such as fish,’ she told The Straits Times yesterday.

-—————————————————————————-

http://www.straitstimes.com/Free/Sto...ry_175390.html

Higher living costs to get airing in Parliament

Food prices, property payment scheme and MediShield on agendaBy Keith Lin

THE rising cost of living will be high on the agenda when Parliament sits on Monday.

Two MPs have tabled questions that reflect their concern on how fast-rising food prices are causing a dent in the Singaporean’s wallet.

Wheat prices, for example, are at global historic highs owing to droughts in Australia and crop failures in the United States. They have, in turn, caused animal feed, and hence meat, to become more costly.

‘For example, the price of chicken may be rising fast, but we can encourage Singaporeans to turn to alternative sources of protein, such as fish,’ she told The Straits Times yesterday.

Non-Constituency MP Sylvia Lim wants to know, among other things, the impact of the hike in the goods and services tax in July on rising consumer prices.

On the property market, Madam Ho Geok Choo (West Coast GRC) will ask National Development Minister Mah Bow Tan for an update on the impact of the recent withdrawal of the deferred payment scheme.

The scheme allowed home buyers to pay upfront as little as 10 per cent of a property’s price, with the rest paid only when the property is ready. The Government scrapped it last month to curb speculation.

Issues on the MediShield insurance scheme are also expected to receive an airing, with three questions filed.

One is from MP for Jalan Besar GRC Denise Phua, who wants Health Minister Khaw Boon Wan to clarify whether the new move to give children automatic MediShield cover will include those with special needs.

From next month, children will start to have such cover, which is for hospital stay. Insurance premiums will be paid from their parents’ Medisave fund.

‘As I understand it, those born with pre-existing illnesses are not included,’ Ms Phua said yesterday. ‘I hope these children can enjoy the same kind of medical coverage, just like normal Singaporean children.’ Five new Bills will be introduced, while another five introduced earlier are up for debate. One slated for debate is the National Registry of Diseases Bill, which calls for the setting up of a national disease database to collate data on common illnesses.

http://www.straitstimes.com/Free/Sto...ry_175390.html

Post #3

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Chapter #4

3 Mar 17, 17:59

http://forums.$$$$$$$$$$$$.com.sg/sh…1570470&page=7

MINISTER Mentor Lee Kuan Yew called for a sense of proportion yesterday, pointing out that the annual wage bill for ministers and all office holders is $46 million - or just 0.022 per cent of Singapore’s total economic output.

It was an ‘absurdity’, he said, for Singaporeans to quarrel over whether ministers collectively should be paid $10 million or $20 million more, when an economy worth $210 billion was at stake

‘The cure to all this talk is really a good dose of incompetent government,’ he said in his first comments on impending salary increases for ministers and top civil servants. ‘You get that alternative and you’ll never put Singapore together again.’

Singaporeans’ asset values would also disappear, he warned, adding that ‘your apartment will be worth a fraction of what it is, your jobs will be in peril, your security will be at risk and our women will become maids in other people’s countries’.

He said the present system of benchmarking ministers’ pay to top private sector salaries was ‘completely above board’ and allowed the Government to recruit ‘some of the very best’ to lead the country

When it was put to him that people hoped for leaders who were willing to make sacrifices and who were not there for the money, he replied that these were ‘admirable sentiments’. But he added that ‘we live in the real world’.

His bottom line: if the Government could not pay competitive salaries, Singapore would not be able to compete and ‘we’re not going to live well’.

http://forums.$$$$$$$$$$$$.com.sg/sh…1570470&page=7

Post #4

9 comments

Chapter #5

5 Mar 17, 15:27

Quote:

Originally Posted by

thedevil666

if the person who compiles the data devotes equal effort to his work, then i don’t think there are any complains about inflation and rising standard of livings. if u want to have stagnant wage and stagnant standard of living, pls emigrate out of singapore.

Another delusional frog in the well.

You work hard and earn much is your own business. It does not mean rise in cost of living will go away or is correct.

You tighten your own belt due to rise in cost of living is your own business. It does not mean rise in cost of living will go away or is correct.

You lower your standard of living to meet the rise in cost of living is your own business. It does not mean rise in cost of living will go away or is correct.

In Singapore, the rise in cost of living is hugely cause directly or indirectly by government policies on transport, housing, education etc

Either you fight it by voting out PAP or accept it like a pet waiting for food distribution by its owner. Owner decides how much food to distribute to his pets.

You should not want Government rebates or handouts, you should want Government to decrease cost of living.

Post #14

3 comments

Chapter #6

10 Mar 17, 17:42

http://forums.$$$$$$$$$$$$.com.sg/current-affairs-lounge-17/stunning-news-3in1-kopitiam-worlds-30-highest-paid-politicians-all-same-country-3096997.html

The TOP 30 highest paid politicians in the World are all from Singapore !!

Elected President SR Nathan – S$3.9 million.
Prime Minister Lee Hsien Loong – S$3.8 million.
Minister Mentor Lee Kuan Yew – S$3.5 million.
Senior Minister Goh Chok Thong – S$3.5 million.
Senior Minister Prof Jayakumar – S$3.2 million.
DPM & Home Affairs Minister Wong Kan Seng – S$2.9 million.
DPM & Defence Minister Teo Chee Hean – $2.9 million
Foreign Affairs Minister George Yeo – S$2.8 million.
National Development Minister Mah Bow Tan – S$2.7 million.
PMO Miniser Lim Boon Heng – S$2.7 million.
Trade and Industry Minister Lim Hng Kiang – S$2.7 million.
PMO Minister Lim Swee Say – S$2.6 million.
Environment Minister & Muslim Affairs Minister Dr Yaccob Ibrahim – S$2.6 million.
Health Minister Khaw Boon Wan – S$2.6 million.
Finance Minister S Tharman – S$2.6 million.
Education Minister & 2nd Minister for Defence Dr Ng Eng Hen – S$2.6 million.
Community Development Youth and Sports Minister – Dr Vivian Balakrishnan – S$2.5 million.
Transport Minister & 2nd Minister for Foreign Affairs Raymond Lim Siang Kiat – S$2.5 million.
Law Minister & 2nd Minister for Home Affairs K Shanmugam – S$2.4 million.
Manpower Minister Gan Kim Yong – S$2.2 million.
PMO Minister Lim Hwee Hwa – S$2.2 million
Acting ICA Minister – Lui Tuck Yew – S$2.0 million.

23 to 30 = Senior Ministers of State and Ministers of State – each getting between S$1.8 million to S$1.5 million.

Post #18

1 comments

Chapter #7

11 Mar 17, 20:30

How well is well-paid?

By Tan Hui Leng and Jasmie Yen, TODAY | Posted: 10 April 2007 1028

They expressed support for the need to pay top dollar for top talent in the public sector.

But Members of Parliament (MPs) who took part in yesterday’s parliamentary debate on the pay hike also spoke passionately about what many Singaporeans believe to be the heart of the issue: The benchmarking formula used to determine ministerial pay.

Ang Mo Kio MP Inderjit Singh noted that Singaporeans could not expect their leaders to serve based on altruism alone. “Are we willing to leave the future of the country to chance, that we will get good people who will give up their competence without caring about their salary?” he asked.

Some MPs, however, saw problems in benchmarking ministers’ pay to the private sector, pointing out to disparities in the risks taken by company chief executives and ministers and top civil servants.

Marine Parade MP Lim Biow Chuan said: “I struggle to understand what a top Admin Officer aged 32 at grade SR9 has to worry about that will justify him receiving $363,000 a year … From many people’s perspectives, they take no personal risk and are at best, paid employees.”

Opposition MPs Mr Chiam See Tong (Potong Pasir) and Hougang’s Low Thia Khiang took issue with the fact that Singapore’s ministers are paid more than their counterparts in developed countries.

MPs like Bishan-Toa Payoh’s Mrs Josephine Teo, however, pointed out that ministers in other countries may make more money after their term in office ends, such as through public speaking.

Some MPs voiced concerns about the timing of announcing the pay revisions, especially with the Goods and Services Tax (GST) due to rise to 7 per cent in July.

Mr Singh said: “How do we answer the man-in-the-street when we’re told that about one-quarter to one-third of the expected revenue increase this year from the GST is going to be for the proposed ministerial and civil service salary increases, about $240 million, I was told?”

Mr Low also referred to the recent debate on increasing the amounts for public assistance. “It’s also ironic that we are consuming taxpayers’ money and … discussing how much more of a fraction of a million to pay civil servants and ministers while we haggle over additional tens of dollars to hand out to our needy and disadvantaged citizens,” he said.

Some MPs who supported the pay hike also suggested that the salary benchmarking could be finetuned, such as pegging ministers’ salaries to more realistic markers such as top men in private equity firms and top companies based on market capitalisation.

Post #20

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Chapter #8

11 Mar 17, 20:31

‘Reasonable pay will help to maintain a bit of dignity’

Member of Parliament Lim Wee Kiak of the Nee Soon group representation constituency (GRC) defended ministerial salaries by saying a reasonable payout helped maintain “dignity” for politicians.

He was quickly slammed by netizens, many of whom pointed out in various posts on the Web that “dignity” should not be justified by salary alone.

The multi-million dollar pay of ministers was a hot-button issue in Singapore’s recent General Election, which saw the ruling People’s Action Party win 81 out of 87 seats but at a significantly lower share of the total votes.

Following the results, Prime Minister Lee Hsien Loong announced the formation of a committee to review the “basis and level of political salaries”. Any pay changes would take effect from 21 May this year.

“If the annual salary of the Minister of Information, Communication and Arts is only $500,000, it may pose some problems when he discuss policies with media CEOs who earn millions of dollars because they need not listen to the minister’s ideas and proposals. Hence, a reasonable payout will help to maintain a bit of dignity,” Dr Lim told LianHe ZaoBao in Chinese.

In reaction, Francis Oen postedon Facebook: “Hi Wee Kiat.. Suggest you clarify your statement. Does it mean that only $ talks?! … And if someone earns less, does it mean he cannot have dignity?”

Winnie Lim tweeted: “So according to Dr Lim Wee Kiak’s theory, our ministers will ignore Obama because he earns less than all of them.”

On his Facebook page, Dr Lim said that his quote was taken out of context.

“Minister’s pay issue is a sensitive one. There must be a balance. After all, capable individuals who are willing to come forward to serve should not so because of pay and perks,” he replied to a user’s question about his quote.

He added, “On the other hand, they do have families and dependents and need to consider for retirement, etc.”

Post #21

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Chapter #9

11 Mar 17, 20:32

http://www.nytimes.com/2007/04/09/wo...0498.html?_r=0

Singapore announces 60 percent pay raise for ministers

By Seth Mydans

Published: Monday, April 9, 2007

SINGAPORE — How much money does it take to keep a Singapore government minister happy? The government says a million dollars is not enough, and on Monday it announced a 60 percent boost in ministers’ salaries, to an average of 1.9 million Singapore dollars, or $1.26 million, by next year.

Prime Minister Lee Hsien Loong will see his pay jump to 3.1 million Singapore dollars, five times the $400,000 earned by President George W. Bush.

In this nation where the bottom line truly is the bottom line, the argument goes, you’ve got to pay to get them and you’ve got to pay to keep them.

“If we don’t do that, in the long term, the government system will slowly crumble and collapse,” Defense Minister Teo Chee Hean told reporters last month.

As the minister who oversees the civil service, Teo announced the pay hikes Monday, saying: “We don’t want pay to be the reason for people to join us. But we also don’t want pay to be the reason for them not to join us, or to leave after joining us.”

It is a pay system created in 1994 by Singapore’s founder, Lee Kuan Yew, pegging the salaries of government ministers and top civil servants to the money they might earn at the top of the private sector.

Defending the system last month against an unusual public yelp of pain, Lee Kuan Yew painted a horrifying picture of a Singapore governed by ministers who earn no more than ministers anywhere else.

“Your apartment will be worth a fraction of what it is,” he said, “your jobs will be in peril, your security will be at risk and our women will become maids in other people’s countries.”

Singapore has one of the most efficient and corruption-free governments in the world.

It is Asia’s second-richest country after Japan, with a gross domestic product per capita of about $31,000, and Lee said it could well afford to pay its leaders top dollar.

The total of the salaries before the increase amounted to 46 million Singapore dollars a year, he said, or 0.13 percent of government expenditure - 0.022 percent of gross domestic product.

Under the government’s formula, ministers are to be paid two-thirds of the median of the top eight earners in each of six professions: accounting, law, banking, engineering, multinational companies and local manufacturing.

There has been no public sign of discontent among the men and women who run Singapore, but last month the prime minister noted that they were earning just 55 percent of this benchmark.

“We don’t want pay to be the reason for people to join us,” Teo said Monday in announcing the pay hikes. “But we also don’t want pay to be the reason for them not to join us, or to leave after joining us.”

Talk of the impending pay increase drew an outcry here for weeks that included letters to newspapers and an online petition that has collected more than 800 signatures.

The average Singaporean earns something over $2,000 a month, and the government has voiced concern over a widening gap between rich and poor.

The ministerial raise comes three months ahead of a 2 percent increase in the sales tax.

Mohamad Rosle Ahmad wrote in a letter to the editor: “I am sure Enron and Worldcom paid more than top dollar for their top executives, and look where their companies are now - six feet under.”

Lee Kuan Yew, whose title is minister mentor, said naysayers like this need a reality check.

“I say you have no sense of proportion; you don’t know what life is about,” he said last month.

“The cure to all this talk is really a good dose of incompetent government,” Lee said. “You get that alternative, and you’ll never put Singapore together again.”

He presented himself as an example: “A top lawyer, which I could easily have become, today earns 4 million Singapore dollars. And he doesn’t have to carry this responsibility. All he’s got to do is advise his client. Win or lose, that’s the client’s loss or gain.”

The Straits Times newspaper quoted him as saying his current salary as minister mentor was 2.7 million Singapore dollars.

Money may buy happiness for a government minister, but some Singaporeans suggested that other motivations should also come into play for government service.

“What about other redeeming intangibles such as honor and sense of duty, dedication, passion and commitment, loyalty and service?” asked Hussin Mutalib in the Straits Times’ online forum recently.

Carolyn Lim, a prominent writer, suggested in an essay in The Straits Times that Singapore needed a little more heart to go along with its hard head. “Indeed, a brilliant achiever without the high purpose of service to others would be the worst possible ministerial material,” she wrote.

“To see a potential prime minister as no different from a potential top lawyer, and likely to be enticed by the same stupendous salary, would be to blur the lines between two very different domains.”

The minister mentor brushed aside concerns like that.

“Those are admirable sentiments,” he said. “But we live in a real world.”

Post #22

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Chapter #10

11 Mar 17, 20:33

http://www.nytimes.com/2007/04/10/wo...ref=leekuanyew

Singapore’s Highly Paid Officials Get Richer

By SETH MYDANS

Published: April 10, 2007

Correction Appended

SINGAPORE, April 9 — How much money does it take to keep a government minister in Singapore happy?

The government says a million dollars is not enough, and on Monday it announced a 60 percent increase in ministers’ salaries, to an average of $1.9 million Singapore dollars, or about $1.3 million, by next year.

Prime Minister Lee Hsien Loong’s pay will jump to about $2 million — five times the $400,000 earned by President Bush.

In this nation where the bottom line truly is the bottom line, the argument goes, you have to pay to get them and you have to pay to keep them clean.

“If we don’t do that, in the long term the government system will slowly crumble and collapse,” Defense Minister Teo Chee Hean told reporters last month. “Corruption will set in, and we will become like many other countries, and face the problems that many other countries face,” The Straits Times, Singapore’s largest-circulation newspaper, quoted him as saying.

In announcing the pay increases on Monday, Mr. Teo, who also oversees the civil service, said: “We don’t want pay to be the reason for people to join us. But we also don’t want pay to be the reason for them not to join us, or to leave after joining us.”

Singapore’s pay system was created in 1994 by the nation’s founding prime minister, Lee Kuan Yew. It pegged the salaries of government ministers and top civil servants to the money they might earn at the top of the private sector.

Under that formula, ministers are to be paid two-thirds of the median of the top eight earners in each of six professions: accounting, law, banking, engineering, multinational companies and local manufacturing.

There has been no public sign of discontent among the men and women who run Singapore, but last month the prime minister noted that they were earning just 55 percent of that benchmark. Hence the raise for the three dozen men and women who run Singapore.

Defending the system against an unusual public yelp of pain, Mr. Lee, whose title is minister mentor, painted a horrifying picture of a Singapore governed by ministers who earn no more than ministers elsewhere.

“Your apartment will be worth a fraction of what it is,” he said. “Your jobs will be in peril, your security will be at risk, and our women will become maids in other people’s countries.”

It is true that Singapore has one of the most efficient and corruption-free governments in the world. Transparency International, a private monitoring agency, recently listed it as the fifth most corruption-free nation of 163 surveyed.

It is Asia’s second-richest country after Japan, with a gross domestic product per capita of about $31,000. The first Prime Minister Lee said it could well afford to pay its leaders top dollar.

The average Singaporean earns roughly $3,000 a month, and the government has voiced concern over a widening gap between rich and poor. The ministers’ pay was approved three months before the sales tax is to be increased by 2 percent.

Talk of the pay raise drew criticism here that included letters to newspapers and an online petition that has more than 800 signatures.

“I am sure Enron and Worldcom paid more than top dollar for their top executives, and look where their companies are now — six feet under,” Mohamad Rosle Ahmad wrote to the editor of The Straits Times.

The elder Mr. Lee said naysayers needed a reality check. “I say you have no sense of proportion; you don’t know what life is about,” he said.

“The cure to all this talk is really a good dose of incompetent government,” he added. “You get that alternative, and you’ll never put Singapore together again.”

The Straits Times quoted him as saying his current salary as minister mentor was about $1.8 million.

Some Singaporeans suggested that other motivations should also come into play for government jobs.

“What about other redeeming intangibles such as honor and sense of duty, dedication, passion and commitment, loyalty and service?” asked Hussin Mutalib, a political science professor at the National University of Singapore, in a Straits Times online forum.

Carolyn Lim, a prominent writer, suggested in an essay that Singapore needed a little more heart to go along with its hard head.

The minister mentor brushed aside such concerns. “Those are admirable sentiments,” he said. “But we live in a real world.”

Correction: April 13, 2007

An article on Tuesday about the high salaries of Singapore government officials misstated the given name of a prominent writer who suggested in an essay that comparability with the private sector should not be the only consideration in setting government salaries. She is Catherine Lim, not Carolyn.

Post #23

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