OPINION: Feeling the pinch of higher prices - Seah Chiang Nee

IN recent months, inflation – set to reach 6% soon – has seemingly been acting like a runaway bus, cutting into people’s hard work and savings. The rising cost of living is fast becoming the second biggest concern – next to jobs and earnings – among Singaporeans, who will go to the polls this year. Last week they received more bad news. Electricity costs will rise by 6.5% this month and a major oil firm will put up petrol prices at the pump.

Full article: http://singaporenewsalternative.blogspot.com/2011/04/opin...

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