Policies implemented by other countries to help their people that we can learn from

[Chase]

Electricity prices will likely continue to increase in the next six months. It appears that there is a global energy crisis with soaring Natural Gas, Oil and Coal prices.

Some countries have announced tax cuts and subsidies to help consumers cope with these costs. Businesses are also projecting almost 30-50% increase in electricity costs compared to a year ago when they renew their open electricity contracts.

Draghi pledges €3bn energy subsidy to maintain Italy’s pandemic recovery​

https://www.ft.com/content/f790e5aa-a82f-4378-ac06-ea074e3ab9b2

French PM vows gas price freeze and tax cuts to curb energy inflation​

https://www.politico.eu/article/french-government-to-freeze-gas-prices-lower-tax-on-electricity

U.K. Should Cut Energy Tax for Consumers, Industry Group Warns​

https://www.bloomberg.com/news/arti...energy-tax-for-consumers-industry-group-warns

 

[Chase]

Facing not just longer shipping duration, exporters are affected by higher sea freight from Asia to US and Europe. Container freights in these routes have increased by 300-400% since the beginning of Covid-19.

Export powerhouse South Korea

South Korea announces major subsidies for sky-high ocean freight​

https://inf.news/en/economy/d5f611e749fefc34423c81d5b19c3357.html

20% freight subsidy
In addition, the Korean government's subsidy program will also benefit shippers. In order to cope with the recent disruption of shipping networks and soaring container freight rates, Korean shippers who have signed long-term service contracts with domestic shipping companies will receive guaranteed cargo space and a government-supported 20% freight discount. KOBC will spend another US$88 million to lease scarce empty containers from South Korean SMEs to help reduce equipment costs and availability challenges. The Korea Export-Import Bank (KEXIM) will provide financing for the purchase of more empty containers.

 

[pvtpublic]

raise GST to help the poor

 

[eatshitndie]

Facing not just longer shipping duration, exporters are affected by higher sea freight from Asia to US and Europe. Container freights in these routes have increased by 300-400% since the beginning of Covid-19.

Export powerhouse South Korea

South Korea announces major subsidies for sky-high ocean freight​

https://inf.news/en/economy/d5f611e749fefc34423c81d5b19c3357.html

20% freight subsidy
In addition, the Korean government's subsidy program will also benefit shippers. In order to cope with the recent disruption of shipping networks and soaring container freight rates, Korean shippers who have signed long-term service contracts with domestic shipping companies will receive guaranteed cargo space and a government-supported 20% freight discount. KOBC will spend another US$88 million to lease scarce empty containers from South Korean SMEs to help reduce equipment costs and availability challenges. The Korea Export-Import Bank (KEXIM) will provide financing for the purchase of more empty containers.

if nol were to remain a national ocean freight line of sg it would have made a killing by now.

 

[gingerlyn]

Singapore also have. Our leaders promote frozen meat to their people to lower cost of living,

 

[gingerlyn]

Frozen meat is cheaper and fresh meat and frozen meat is more healthy because fresh meat has too much cancer causing agents.

 

[gingerlyn]

When our people has no money to buy fresh milk, we ask them to buy uht milk

 

[gingerlyn]

President halimah asked her followers to buy seafood if meat is too expensive