Blog of A Mummy Monster ..

Tuesday, January 24, 2006

Recap GE 2001 Part (3)

SMRT reviewing fares after no hikes for two years
"SINGAPORE: Rail operator SMRT says it is reviewing fares to cover higher
costs and declining revenues."
- ChannelNewsAsia (Apr 28, 2004)

After Elections:

SMRT Corporation made $126.9 million and ComfortDelGro $200.6 million last year (2004).
'Nobody likes increases,' said Ms Saw. 'But it's a way of life. The basic point is:
we are not profiteering from it.'

* Ms Saw is president and chief executive Saw Phaik Hwa of SMRT.
- Straits Times (May 14, 2005)

JUST Before Elections -->
$1 billion in subsidies for polyclinics, hospitals.

$1 billion in subsidies for polyclinics, hospitals.

- Straits Times (Oct 28 2001)

After Elections -->
Hospital fees up to keep service up

- Straits Times (Sept 16 2002)

Reason??

DPM Lee, two ministers explain price hike necessary for a good level of <br />health care, which is subsidised by up to 80 percent.

DPM Lee, two ministers explain price hike necessary for a good level of <br />health care, which is subsidised by up to 80 percent.

- Straits Times (Sept 16 2002)

Lesson Learnt: Think twice before you rejoiced over govt's handouts this coming GE.

$1 billion help for low-wage earners.

- Straits Times (Jan 13 2006)

"The opposition's plans to 'give and give' will lead to Singaporeans having to pay higher
taxes in order to foot the bill, General Lee Hsien Loong said at a rally in Tampines."
- Straits Times (Sept 29 2001)

In that same time, the PAP promised:

$11 billions for new MRT and LRT lines,

$1 billions in subsidies for hospitals and polyclinics,

$170 millions to improve 8,300 HDB flats.

$2.7 billions in new $ingapore shares.

Source : Big O Magazine

... to be continued

# by MM @ 12:23 am