SingTel Raises Subscription Price by 10% - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Investments and Net Worth

Investments and Net Worth Talk all about money making exploits, shares, property, building net worth and retirement matters




SingTel Raises Subscription Price by 10%

Reply
 
Thread Tools
  #1 (permalink)  
Old 07-10-2008, 10:30 AM
Salary.sg
Guest
 
Posts: n/a
Default SingTel Raises Subscription Price by 10%

While markets around the world plunge into their multi-year lows, employees here and abroad worry about job security, and their families cope with rising prices, our all-loving number one telco is raising its residential subscription rates by 10%.

SingTel CEO Allen Lew justified the increase, saying:
Quote:
"Manpower costs in the last ten years alone have gone up by 52 per cent. Copper – the basic commodity that we need to provide the service – has tripled in the last 15 years."
ERP up. Public transport fares up. Electricity up by 21%. Now fixed line rates to go up too.

I hope salaries will also go up to match these increases. But wait, I think Acting Manpower Minister Gan Kim Yong said:
Quote:
"Adjusting wages upwards to meet rising prices would only result in a 'price-wage spiral' and Singaporeans should look at the bigger picture... What is more important is for us to have a realistic expectation of wages that reflect the underlying economic strength of our industries and also of our productivity. That will allow us to ensure that our economy will be able to sustain its growth momentum... " (partly paraphrased by CNA report)
I guess we just have to cope with it.

http://www.salary.sg/2008/singtel-ra...n-price-by-10/

Reply With Quote
  #2 (permalink)  
Old 07-10-2008, 04:36 PM
Tom--
Guest
 
Posts: n/a
Default 2864

Options to using home phones: Handphones and free internet phone services over the internet such as Skype, with these, onc can say bye bye to residential phones.

But do not use too much on these alternative options too.

Reply With Quote
  #3 (permalink)  
Old 08-10-2008, 09:59 AM
AL--
Guest
 
Posts: n/a
Default 2877

Sure Tom, but what if you are at work and not able to use free internet phone services such as skype.

Handphone rates will go up too in the not too far future.

Reply With Quote
  #4 (permalink)  
Old 17-10-2008, 09:33 AM
Myron--
Guest
 
Posts: n/a
Default 2950

Do people still use homephones?
Reply With Quote
  #5 (permalink)  
Old 17-10-2008, 10:12 AM
KL--
Guest
 
Posts: n/a
Default 2951

Why raise the subscription now, during bad times? Isn't it adding salt to wound, where people are losing their retirement money, copying with rising tariffs?
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
SingTel Violated IDA Code and Destroyed My Trust Salary.sg Investments and Net Worth 5 13-01-2009 09:45 AM
Record HDB price Salary.sg Investments and Net Worth 2 17-06-2007 10:42 AM

» 30 Recent Threads
Compare civil service salary ( 1 2 3... Last Page)
9,713 Replies, 5,454,155 Views
Mid-Year Civil Servant Bonus 2019 ( 1 2 3... Last Page)
1,455 Replies, 746,857 Views
anyone working at NCS ? ( 1 2 3... Last Page)
355 Replies, 274,962 Views
Lawyer Salary ( 1 2 3... Last Page)
5,709 Replies, 2,387,684 Views
Whats your net worth ( 1 2 3... Last Page)
2,711 Replies, 780,496 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
1,983 Replies, 919,510 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,828 Replies, 1,058,796 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,215 Replies, 1,860,819 Views
Dsta ( 1 2 3... Last Page)
812 Replies, 534,383 Views
Marsh Graduate Development Program ( 1 2 3... Last Page)
46 Replies, 4,430 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
96 Replies, 63,465 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
928 Replies, 740,275 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
2,664 Replies, 1,253,677 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
70 Replies, 110,183 Views
Local Uni Class of 2020 - COVID19... ( 1 2 3... Last Page)
248 Replies, 47,052 Views
Career as Teacher ( 1 2 3... Last Page)
2,570 Replies, 1,553,363 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
1,308 Replies, 235,774 Views
Pay grade at CSA ( 1 2 3... Last Page)
104 Replies, 23,842 Views
Cold calls/emails to HR ( 1 2)
13 Replies, 1,250 Views
Q: Management Associate at SGX ( 1 2 3... Last Page)
84 Replies, 12,011 Views
Insurance Agent to Bancassurance...
7 Replies, 5,145 Views
Roles in accenture singapore ( 1 2 3... Last Page)
329 Replies, 240,693 Views
ITE lecturer ( 1 2 3... Last Page)
121 Replies, 113,966 Views
Insurance Management Associate... ( 1 2 3... Last Page)
60 Replies, 16,338 Views
Diploma in Digital Marketing at...
2 Replies, 1,019 Views
Mask price discount in cb period
0 Replies, 97 Views
All about Home Affairs Senior... ( 1 2 3... Last Page)
168 Replies, 169,361 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,156 Replies, 880,358 Views
Dentist Salary
7 Replies, 6,087 Views
Fresh Grad from local U cant find... ( 1 2 3... Last Page)
55 Replies, 10,530 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 10:14 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2