Market Review and Trends
Why Fresh Water is Such an Important Commodity – Something to ponder about with the Singapore Budget annoucement
By Investment Moats  •  March 13, 2017
One of the changes announced in the 2017 Singapore budget was that we would be paying a higher tariff if we do not conserve water. This is especially so for those businesses or household who spends more than 4 cubic meters of water. The changes can be summarized by the table above. In the future we won’t have a sanitary appliance fee. The sanitary appliance fee is really stupid if you ask me. Just because you have more installation, you will use more water. This is certainly not always the case for households, and I wonder if this is the case for business. The sanitary appliance fee, will be combined into the Waterbourne fee. Thus, we see the big increase here. As a consumer, you are never happy to see price increases. This is even so, when they communicate its been ages since we raise the tariff on water. I ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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