Give with one Right Hand, Take back with two Lefts

last SG · 2004-01-19T16:20:58+00:00

Congratulations again, for a very educated analysis that presumably did not take too much effort on your part, which seems to reflect your signature cynicism...

Atobe SG

To borrow a term from the many derogatory terms used by LKY against his nemesis - the Honorable Joshua Benjamin Jeyaratnam, ex-Secretary General of the Workers' Party:

Will you consider the term 'Charlatan' to describe someone who pretend to be what he cannot or will never be ?

The meaning of the word 'Charlatan' -

One who prates much in his own favor, and makes unwarrantable pretensions; a quack; an impostor;

a flamboyant deceiver; one who attracts customers with tricks or jokes

The meaning of the word: 'Prates'

To talk idly and at length;
To utter idly or to little purpose,
Empty, foolish, or trivial talk; idle chatter

lowem SG

Just an empirical observation. The festive mood seems to have evaporated. The coffeeshops, the shopping malls and other places were abuzz just before CNY. I wonder where the buzz has gone.

If I may even attempt to describe as subjective a thing as the overall mood I observe around me, I can only say that it is rather subdued.

Back to the harsh realities of life, I'd suppose. Hang on tight, it just might get even worse - and worse.

Atobe SG

The Lull Before the Storm.............

As more optimistic comments pour forth from the Leaders, that events are expected to improve, unemployment situation may improve, we will have to prepare for the worst to be expected.

What is the point of feeling good, when the immediate reality is that the take home budget is becoming tighter ?

As income and savings are shrunk, the costs are increased by nibbling inches that allow the various Government agencies and GLCs to receive an avalanche into their already large cash hoardings.

See thread - 'If Stat Boards hold $33 billion' - 23 January 2004..

Atobe SG

So the truth is out, that newsprint prices will be increased but only by 25% (from US$40 per tonne to US$50), and only apply to shipments during April 2004.

Yet our SPH has raised subscribers' price by 17 Percent - from 60cts to 70cts; and newstand prices by 33.33 Percent - from 60cts to 80cts

Both price increases taking effect from 1 February 2004, when the new price for newsprint raw materials come into effect only during April 2004 - their current stocks at old prices will probably last them for at least three months.

The protests from CASE Singapore seems to have fizzled out, as the President of CASE is probably no match to the heavyweight of the Political Personality at SPH.

PanAsia raises newsprint prices for Asia

PUBLICATION paper supplier PanAsia Paper announced yesterday that newsprint prices to its Asian export markets will increase to US$50 (S$84.20) per tonne from US$40 currently.

Fuelling this rise is strong demand in the region along with rising costs of production, it said. Projected economic growth in Asia is expected to result in greater advertising spending, newspaper pagination and newsprint consumption.

PanAsia chief sales officer Hannes Skisaker said: 'The global supply and demand balance for newsprint is improving. Since the beginning of the third quarter of last year, we have seen an increase in demand for our products.'

Similarly, cost factors are pushing prices upwards. Raw materials, such as energy and waste paper are becoming more expensive, while the decline of the US dollar has made transactions within Asia relatively dearer.

'After a prolonged period of depressed pricing for newsprint products, we sincerely hope our customers understand our need to raise prices as overall business conditions improve,' said Mr Andre van Hattum, president and chief executive of PanAsia.

PanAsia currently markets about 500,000 tonnes of newsprint and other products from North America, Europe and Oceania.

The price rise will be effective for shipments made from April.

oldbreadstinks SG

Originally posted by Atobe:
So the truth is out, that newsprint prices will be increased but only by 25% (from US$40 per tonne to US$50), and only apply to shipments during April 2004.

Yet our SPH has raised subscribers' price by 17 Percent - from 60cts to 70cts; and newstand prices by 33.33 Percent - from 60cts to 80cts

Both price increases taking effect from 1 February 2004, when the new price for newsprint raw materials come into effect only during April 2004 - their current stocks at old prices will probably last them for at least three months.

The protests from CASE Singapore seems to have fizzled out, as the President of CASE is probably no match to the heavyweight of the Political Personality at SPH.

[b]PanAsia raises newsprint prices for Asia

PUBLICATION paper supplier PanAsia Paper announced yesterday that newsprint prices to its Asian export markets will increase to US$50 (S$84.20) per tonne from US$40 currently.

Fuelling this rise is strong demand in the region along with rising costs of production, it said. Projected economic growth in Asia is expected to result in greater advertising spending, newspaper pagination and newsprint consumption.

PanAsia chief sales officer Hannes Skisaker said: 'The global supply and demand balance for newsprint is improving. Since the beginning of the third quarter of last year, we have seen an increase in demand for our products.'

Similarly, cost factors are pushing prices upwards. Raw materials, such as energy and waste paper are becoming more expensive, while the decline of the US dollar has made transactions within Asia relatively dearer.

'After a prolonged period of depressed pricing for newsprint products, we sincerely hope our customers understand our need to raise prices as overall business conditions improve,' said Mr Andre van Hattum, president and chief executive of PanAsia.

PanAsia currently markets about 500,000 tonnes of newsprint and other products from North America, Europe and Oceania.

The price rise will be effective for shipments made from April.

[/b]

er...... i don't get the point of all this? Confused

euphratis SG

like old army song goes: give you $100, take back $99......before GST 5% & CPF contribution deduction..... Crying or Very sad

Atobe SG

Newsprint is actually the Raw Materials needed to print newspapers, and the price for this raw material will be increased from US$40 per tonne to US$50 - which is an increase of only TWENTY-FIVE PERCENT, and will be effective for shipments in APRIL 2004.

Yet our Singapore Newspapers - English Chinese, Malay - have already increased prices by THIRTY PERCENT on February 2004.

For an operation such as Newspaper production, raw materials will be consumed daily and are subject to fluctuations that are normal for high PRIZED commodity - wth its availability being subjected to forces of nature, it is quite normal that stocks are held for at least one to three months production, and advance orders are placed two to hree months ahead at the OLD PRICES.

oldbreadstinks SG

i see , but i'm not against the ST increasing it price, its just that i feel , 20 cents is just too much, its obviously forcing us to subscribe to ST Confused

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