No subsidised petrol

There is no difference in the definition of subsidy between what we know here and what it is known in Malaysia. Both subsidises by making the buyer pays less from the market price. The Malaysians subsidise their petrol and we subsidise our flats and hospital bills. The difference is that the Malaysian petrol subsidy also allows foreigners like Singaporeans to take advantage of them. (We don't regard PRs as foreigners.) Now the Malaysian govt is thinking of abolishing this ruling. And foreigners buying petrol in Malaysia will have to pay non subsidised prices. That will make the petrol buying trips to JB unnecessary. It will also put an end to the Uniquely Singaporean 3/4 tank rule. So no one can continue to joke about it anymore. The best thing is that the jams at the causeway will be a thing of the past. It may be a little tough to the shopkeepers and restaurants that benefitted from the Singaporeans going over for petrol and at the same time enjoying the cheaper food and groceries. When the incentive of cheaper petrol is over, the hustle and the little savings may not be attractive enough anymore. Only genuine visitors going for holidays will be seen crossing the Johore Straits.

Living on bread alone

A family of 4, with two young children, survives on bread for lunch and inner. Didn't know what they take for breakfast. Maybe skip breakfast too. And compare their plight to the destitutes in charity homes with 3 proper meals, I think the homes are a luxury. His income is $600 pm. Unbelieveable, but it happens. He probably earns less than a foreign worker or cleaners in the food courts. Some may want to throw the brutal truth at them, that they are to be blamed for being useless and unable to earn a decent living in paradise. With cost of living skyrocketing, life for those in this category is going to be tough.

Next Parliament sitting

The last sitting was overshadowed by the escape. Even the high cost of living were not touch on, or was it skimmed through? With the Mas Selamat issue as water under the bridge, and with everyone moving on, we can expect more outstanding issues to be tabled. Many ministers were significantly 'absent' or unheard of in the last sitting, all taking a backseat and quietly watching the spectacle of Kan Seng under the spotlight. Raymond would surely be in the picture with his seat belts buckled tightly. Boon Heng may do an update of his oldies ministerial portfolio. Eng Hen could continue to take a break after solving the annuities for the oldies problem for Boon Heng. Now where is Mah Bow Tan? I think he can relax a little with all the backlog HDB flats sold or nearly sold and with HDB prices going to seventh heaven due to rising demands. Good job done. And Boon Yang, is he in Trade and Industry? Tharman should be a happy minister with so much money in hand and happily giving them away. Hopefully Chiam See Tong would not tell him not to kill the goose and only giveaway the drumstick will do. Bloggers should be waiting in anticipation of what new laws will come out from Shanmugam. Oh, Boon Wan has solved the high medical fees problems. Everyone now can afford to pay their medical fees to the 80s. Looks like the only major thing in the next sitting is not even ERPs or high profits of privatised public transport system but seat belts for school children.

Happy news for retirees

HDB rental market remains strong with high demands from foreigners. The median rents for 2 rm is $1,000 pm and 3 rm is $1,400. Now, that will take care of my retirement surely. No need CPF Life or buy back schemes. If people can start a family with a $1,200 income, $1,400 will be too much for a retiree who is happy with instant noodles and 3 in 1s. And for the bigger flats, 4 rm can fetch $1,600 while 5 rm can get $1,800. Singaporeans who own a HDB have it made. No more worries. Just pray hard that more foreigners will come to our shore and continue to drive up rental demands. Now I am fully convinced that we need more foreign workers, foreign talents or anything, as long as they are foreigners and can afford to pay more for renting HDB flats.

MP pushing for new laws

Finally there is an issue grave enough for the MPs to speak up strongly in Parliament. The high cost of living, minister's pay, and the Mas Selamat escape were not able to kinder the fire in the belly of the MPs. It is reported in the front page of the Sunday Times that several MPs would lobby for new laws to make seat belts in school buses mandatory. Enough is enough and they want it implemented immediately. They would even question Raymond Lim 'What's next?' since he has not spoken a word on this earth shattering issue. There will be sparks in Parliament on May 26. Just wondering, is Raymond running out of favour?