// archives

Archive for May, 2007

GST hike + NETS fee hike = Opportunity for profiteering

In a time when many countries in the world are embarking on initiatives to create a cashless society, Singapore is doing the opposite, by allowing the banks to raise NETS merchant fees by more than 3 times (I think banks are the biggest robbers – whoever heard of a > 300% fee hike at one [...]

Disabled NSF gets $500/mth while regulars get 6 digit gratuities

I’ve just come back to Singabloodypore and wow, so many new controversies!
The one that struck me hardest was Edmund Ng’s article on a NSF, Lawrence, who got permanently disabled while in service. Apparently, MINDEF settled his compensation issue with a $500 monthly payment and a free CSC card for free medical care at government hospitals [...]