I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Thursday 1 July 2010

Electricity tariffs to go up again

Other prices will soon follow this one - UP and inflation rate is going to be higher than 3.2% soon.

Low interests rate. Higher inflation rate. Lower pay rise. Hard times ahead!


SINGAPORE: Households will pay more for their electricity tariffs from July to September.

SP Services says that the electricity tariffs for households will go up by 0.57 cents per Kilowatt-hour to 24.13 cents per kWh, an increase of 2.4 percent.

It is the fifth consecutive quarter of increase.

On average, families in four-room HDB flats will pay about S$2.33 more a month.

SP Services says the average fuel oil price over the last three months remained stable at about S$102 per barrel.

However, the non-fuel components of the tariff have increased due to higher capital and operating costs of power generation.

The tariff also includes an adjustment for under-collection in the previous quarter.

- CNA/ir

No comments:

Post a Comment

Related Posts with Thumbnails