SINGAPORE Telecommunications (SingTel) on Monday announced its first rate revision in 18 years for its fixed-line telephone subscription and call charges, and said it will offer $1 million worth of credit vouchers to needy households.

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Singaporeans are at the mercy of these tecos and other GLCs. Pay And Pay has become a norm. Just accept it.

si liau lah . . . sing power, sing press, now sing tel . . . wa lan . . . !!

any increase.. . multiply by 1.07 ... that additional 7% GST . . .

See increase again not more than $1.50 a month. #2 your right. Just accept it. We wait for the next GE. Hopefully will be in Jan 2009. hahaha!!!

Need to cover for the losses made by GIC and Temasek overseas. Another classic example of privatising profit and socialising cost. And of course, the top honchos in Singtel will continue to get big fat salaries, bonsus, directors' fees and so on.

Btw, expect Singtel to make a higher than usual dividend payment soon. Am sure you can guess will benefit most. Clue? Who's Singtel major shareholder? Same thing happened to Capitaland and NOL not too long ago.

'who will benefit most'

Take bitter medicine in one big gulp. I cannot remember who said that. There is so much pain, than one more whack makes no difference.

Reality :"SingTel raises phone rates"
(Dream : SingTel lowers phone rates)..........

Reality : "Electricity rate increases 21%
(Dream: "Electricity rate decreases 21%).........

because "ECONOMIC SLOWDOWN COULD LAST SEVERAL QUARTERS".