Just my thought outside the bo

Just my thought outside the box. Since road tax of EVs to which electricity is a part of the equation I stead of petrol or diesel, why 'tax' the EV owners extra for non usage of mineral fuel when they are directly subject to the electricity price. Isn't it fairer to treat electricity and mineral fuel expenses (or revenue for the providers) as 2 separate distinct fuels and subject all to the same tax regime based on kW capacity? Can the authority enlighten us?

SG Morning Call | STI Opens 0.32% Higher; UMS Rose More Than 2%; AEM SGD, Singtel Up Over 1%

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Since road tax of EVs to which electricity is a part of the equation I stead of petrol or diesel, why 'tax' the EV owners extra for non usage of mineral fuel when they are directly&nbsp;subject to the electricity price. Isn't it fairer to treat electricity and mineral fuel expenses (or revenue for the providers) as 2 separate distinct fuels and subject all to the same tax regime based on kW capacity? Can the authority enlighten us?</p></body></html>","htmlText":"<html><head></head><body><p>Just my thought outside the box. Since road tax of EVs to which electricity is a part of the equation I stead of petrol or diesel, why 'tax' the EV owners extra for non usage of mineral fuel when they are directly&nbsp;subject to the electricity price. Isn't it fairer to treat electricity and mineral fuel expenses (or revenue for the providers) as 2 separate distinct fuels and subject all to the same tax regime based on kW capacity? Can the authority enlighten us?</p></body></html>","text":"Just my thought outside the box. Since road tax of EVs to which electricity is a part of the equation I stead of petrol or diesel, why 'tax' the EV owners extra for non usage of mineral fuel when they are directly subject to the electricity price. Isn't it fairer to treat electricity and mineral fuel expenses (or revenue for the providers) as 2 separate distinct fuels and subject all to the same tax regime based on kW capacity? Can the authority enlighten us?","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/580982058783360","repostId":1170731634,"repostType":2,"repost":{"id":"1170731634","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1782866842,"share":"https://ttm.financial/m/news/1170731634?lang=en_US&edition=fundamental","pubTime":"2026-07-01 08:47","market":"sg","language":"en","title":"SG Morning Call | STI Opens 0.32% Higher; UMS Rose More Than 2%; AEM SGD, Singtel Up Over 1%","url":"https://stock-news.laohu8.com/highlight/detail?id=1170731634","media":"TigerNews SG","summary":"Market SnapshotSingapore stocks opened higher on Wednesday. STI rose 0.32%; UMS rose more than 2%; AEM SGD, Singtel up over 1%; Kep Infra Tr, JMH USD slips nearly 1%；DBS, OCBC Bank saw slight...","content":"<html><head></head><body><h2 style=\"text-align: left;\">Market Snapshot</h2><p style=\"text-align: left;\">Singapore stocks opened higher on Wednesday. STI rose 0.32%; UMS rose more than 2%; AEM SGD, Singtel up over 1%; Kep Infra Tr, JMH USD slips nearly 1%；DBS, OCBC Bank saw slight declines.</p><p style=\"text-align: left;\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/49a53a6b6cc72dbcc0fcbeba60d5b300\" data-align=\"center\" tg-width=\"735\" tg-height=\"281\"/><span></span></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ad39c4de16661c02db0d3e86275598be\" data-align=\"center\" data-image-type=\"kline\" tg-width=\"560\" tg-height=\"240\"/><span></span></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/83cceeb0c12afa4e00801f969dc88ade\" data-align=\"center\" data-image-type=\"kline\" tg-width=\"560\" tg-height=\"240\"/><span></span></p><h2 style=\"text-align: left;\">Stocks in Focus</h2><p style=\"text-align: left;\">The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 1):</p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/J69U.SI\">Frasers Cpt Tr</a> :</strong> The real estate investment trust (Reit) is divesting White Sands mall for S$467 million, which represents an 8.4 per cent premium over a May 31 independent valuation. The divestment of the Pasir Ris mall is expected to be completed around Sep 30. The manager on Tuesday said it intends to use the estimated net proceeds of about S$454.1 million to repay debt, after accounting for divestment-related expenses of about S$2.8 million. The counter closed at S$2.26 on Tuesday, down 1.3 per cent or S$0.03, before the announcement.</p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/C2PU.SI\">ParkwayLife Reit</a> :</strong> The manager of the trust on Tuesday said it sold a Japan nursing home property for 1.165 billion yen (US$7.2 million). The figure represents a premium of around 38 per cent over its acquisition price in 2008, and is around 5 per cent above its latest valuation as at Dec 31, 2025. Units of Parkway Life Reit ended at S$4.05 on Tuesday, down 0.7 per cent or S$0.03, prior to the announcement.</p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/JYEU.SI\">Lendlease Reit</a> :</strong> Its manager on Tuesday appointed Penelope Ransom, an existing non-independent non-executive director, as the board’s chairperson. Ransom, who has served as a director of the manager since November 2023, will also join the audit and risk committee. She succeeds Justin Gabbani, whose resignation was announced in May. The counter closed at S$0.57, down 0.9 per cent or S$0.005, before the announcement.</p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/42R.SI\">Jumbo</a> :</strong> A wholly owned subsidiary of the seafood restaurant operator and China’s Laoxiangji have agreed to incorporate a joint venture company in Singapore. It will establish and operate Chinese-style quick-service restaurants under the Lausanjee brand in the city-state. Laoxiangji holds the rights to the Lausanjee trademarks and trade names, as well as the franchiser, for Singapore, Jumbo said on Tuesday. The counter closed flat at S$0.27 on Tuesday, before the announcement.</p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/T6I.SI\">ValueMax</a> :</strong> The financial services and pawnbroking company on Wednesday priced the issue of S$80 million notes at 4 per cent, due 2029. The notes have been offered to institutional investors and accredited investors and will be issued on Jul 10. Net proceeds will be used for general corporate purposes, said ValueMax. Shares of ValueMax rose 3.5 per cent or S$0.03 to close at S$0.89 on Tuesday.</p><h2 style=\"text-align: left;\">SG Local News</h2><h2 style=\"text-align: left;\">About 1 in 7 Singapore families has income of at least S$30k a month; share almost doubled in 5 years</h2><p style=\"text-align: left;\">The share of families with monthly incomes of at least S$30,000 has almost doubled in the past five years, with about one in seven households earning this amount in 2025.</p><p style=\"text-align: left;\">In 2025, 13.4 per cent of resident households have a monthly market income of S$30,000 or more, up from 7.4 per cent in 2020.</p><h2 style=\"text-align: left;\">Singapore office rents climb higher in Q2 as limited CBD supply keeps market tight</h2><p style=\"text-align: left;\">Singapore’s office rents continued to rise in the second quarter of 2026 as limited supply in the central business district and demand from artificial intelligence and financial services firms kept the market tight.</p><p style=\"text-align: left;\">“The underlying market dynamic remains firmly supply-constrained, with Marina Bay remaining the primary demand driver as IOI Central Boulevard Towers and other prime buildings near full occupancy,” said JLL in its Q2 report on the office sector.</p><h2 style=\"text-align: left;\">Electricity tariff for Singapore households to rise by 17%, gas tariff by 7.1% from July to September</h2><p style=\"text-align: left;\">Households in Singapore will see a 17 per cent increase in electricity tariff from July to September, while town gas tariff will also go up by 7.1 per cent.</p><p style=\"text-align: left;\">In a statement on Tuesday (Jun 30), the Energy Market Authority (EMA) said the higher prices are due to increased prices of natural gas amid the conflict in the Middle East.</p><p style=\"text-align: left;\">Natural gas prices increased sharply from the end of February, and remained elevated from April to June, leading to higher costs of producing electricity and town gas here, it added.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSG Morning Call | STI Opens 0.32% Higher; UMS Rose More Than 2%; AEM SGD, Singtel Up Over 1%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1050470178\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TigerNews SG </p>\n<p class=\"h-time\">2026-07-01 08:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h2 style=\"text-align: left;\">Market Snapshot</h2><p style=\"text-align: left;\">Singapore stocks opened higher on Wednesday. STI rose 0.32%; UMS rose more than 2%; AEM SGD, Singtel up over 1%; Kep Infra Tr, JMH USD slips nearly 1%；DBS, OCBC Bank saw slight declines.</p><p style=\"text-align: left;\"></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/49a53a6b6cc72dbcc0fcbeba60d5b300\" data-align=\"center\" tg-width=\"735\" tg-height=\"281\"/><span></span></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ad39c4de16661c02db0d3e86275598be\" data-align=\"center\" data-image-type=\"kline\" tg-width=\"560\" tg-height=\"240\"/><span></span></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/83cceeb0c12afa4e00801f969dc88ade\" data-align=\"center\" data-image-type=\"kline\" tg-width=\"560\" tg-height=\"240\"/><span></span></p><h2 style=\"text-align: left;\">Stocks in Focus</h2><p style=\"text-align: left;\">The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 1):</p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/J69U.SI\">Frasers Cpt Tr</a> :</strong> The real estate investment trust (Reit) is divesting White Sands mall for S$467 million, which represents an 8.4 per cent premium over a May 31 independent valuation. The divestment of the Pasir Ris mall is expected to be completed around Sep 30. The manager on Tuesday said it intends to use the estimated net proceeds of about S$454.1 million to repay debt, after accounting for divestment-related expenses of about S$2.8 million. The counter closed at S$2.26 on Tuesday, down 1.3 per cent or S$0.03, before the announcement.</p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/C2PU.SI\">ParkwayLife Reit</a> :</strong> The manager of the trust on Tuesday said it sold a Japan nursing home property for 1.165 billion yen (US$7.2 million). The figure represents a premium of around 38 per cent over its acquisition price in 2008, and is around 5 per cent above its latest valuation as at Dec 31, 2025. Units of Parkway Life Reit ended at S$4.05 on Tuesday, down 0.7 per cent or S$0.03, prior to the announcement.</p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/JYEU.SI\">Lendlease Reit</a> :</strong> Its manager on Tuesday appointed Penelope Ransom, an existing non-independent non-executive director, as the board’s chairperson. Ransom, who has served as a director of the manager since November 2023, will also join the audit and risk committee. She succeeds Justin Gabbani, whose resignation was announced in May. The counter closed at S$0.57, down 0.9 per cent or S$0.005, before the announcement.</p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/42R.SI\">Jumbo</a> :</strong> A wholly owned subsidiary of the seafood restaurant operator and China’s Laoxiangji have agreed to incorporate a joint venture company in Singapore. It will establish and operate Chinese-style quick-service restaurants under the Lausanjee brand in the city-state. Laoxiangji holds the rights to the Lausanjee trademarks and trade names, as well as the franchiser, for Singapore, Jumbo said on Tuesday. The counter closed flat at S$0.27 on Tuesday, before the announcement.</p><p style=\"text-align: left;\"><strong><a href=\"https://laohu8.com/S/T6I.SI\">ValueMax</a> :</strong> The financial services and pawnbroking company on Wednesday priced the issue of S$80 million notes at 4 per cent, due 2029. The notes have been offered to institutional investors and accredited investors and will be issued on Jul 10. Net proceeds will be used for general corporate purposes, said ValueMax. Shares of ValueMax rose 3.5 per cent or S$0.03 to close at S$0.89 on Tuesday.</p><h2 style=\"text-align: left;\">SG Local News</h2><h2 style=\"text-align: left;\">About 1 in 7 Singapore families has income of at least S$30k a month; share almost doubled in 5 years</h2><p style=\"text-align: left;\">The share of families with monthly incomes of at least S$30,000 has almost doubled in the past five years, with about one in seven households earning this amount in 2025.</p><p style=\"text-align: left;\">In 2025, 13.4 per cent of resident households have a monthly market income of S$30,000 or more, up from 7.4 per cent in 2020.</p><h2 style=\"text-align: left;\">Singapore office rents climb higher in Q2 as limited CBD supply keeps market tight</h2><p style=\"text-align: left;\">Singapore’s office rents continued to rise in the second quarter of 2026 as limited supply in the central business district and demand from artificial intelligence and financial services firms kept the market tight.</p><p style=\"text-align: left;\">“The underlying market dynamic remains firmly supply-constrained, with Marina Bay remaining the primary demand driver as IOI Central Boulevard Towers and other prime buildings near full occupancy,” said JLL in its Q2 report on the office sector.</p><h2 style=\"text-align: left;\">Electricity tariff for Singapore households to rise by 17%, gas tariff by 7.1% from July to September</h2><p style=\"text-align: left;\">Households in Singapore will see a 17 per cent increase in electricity tariff from July to September, while town gas tariff will also go up by 7.1 per cent.</p><p style=\"text-align: left;\">In a statement on Tuesday (Jun 30), the Energy Market Authority (EMA) said the higher prices are due to increased prices of natural gas amid the conflict in the Middle East.</p><p style=\"text-align: left;\">Natural gas prices increased sharply from the end of February, and remained elevated from April to June, leading to higher costs of producing electricity and town gas here, it added.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170731634","content_text":"Market SnapshotSingapore stocks opened higher on Wednesday. STI rose 0.32%; UMS rose more than 2%; AEM SGD, Singtel up over 1%; Kep Infra Tr, JMH USD slips nearly 1%；DBS, OCBC Bank saw slight declines.Stocks in FocusThe following companies saw new developments that may affect trading of their securities on Wednesday (Jul 1):Frasers Cpt Tr : The real estate investment trust (Reit) is divesting White Sands mall for S$467 million, which represents an 8.4 per cent premium over a May 31 independent valuation. The divestment of the Pasir Ris mall is expected to be completed around Sep 30. The manager on Tuesday said it intends to use the estimated net proceeds of about S$454.1 million to repay debt, after accounting for divestment-related expenses of about S$2.8 million. The counter closed at S$2.26 on Tuesday, down 1.3 per cent or S$0.03, before the announcement.ParkwayLife Reit : The manager of the trust on Tuesday said it sold a Japan nursing home property for 1.165 billion yen (US$7.2 million). The figure represents a premium of around 38 per cent over its acquisition price in 2008, and is around 5 per cent above its latest valuation as at Dec 31, 2025. Units of Parkway Life Reit ended at S$4.05 on Tuesday, down 0.7 per cent or S$0.03, prior to the announcement.Lendlease Reit : Its manager on Tuesday appointed Penelope Ransom, an existing non-independent non-executive director, as the board’s chairperson. Ransom, who has served as a director of the manager since November 2023, will also join the audit and risk committee. She succeeds Justin Gabbani, whose resignation was announced in May. The counter closed at S$0.57, down 0.9 per cent or S$0.005, before the announcement.Jumbo : A wholly owned subsidiary of the seafood restaurant operator and China’s Laoxiangji have agreed to incorporate a joint venture company in Singapore. It will establish and operate Chinese-style quick-service restaurants under the Lausanjee brand in the city-state. Laoxiangji holds the rights to the Lausanjee trademarks and trade names, as well as the franchiser, for Singapore, Jumbo said on Tuesday. The counter closed flat at S$0.27 on Tuesday, before the announcement.ValueMax : The financial services and pawnbroking company on Wednesday priced the issue of S$80 million notes at 4 per cent, due 2029. The notes have been offered to institutional investors and accredited investors and will be issued on Jul 10. Net proceeds will be used for general corporate purposes, said ValueMax. Shares of ValueMax rose 3.5 per cent or S$0.03 to close at S$0.89 on Tuesday.SG Local NewsAbout 1 in 7 Singapore families has income of at least S$30k a month; share almost doubled in 5 yearsThe share of families with monthly incomes of at least S$30,000 has almost doubled in the past five years, with about one in seven households earning this amount in 2025.In 2025, 13.4 per cent of resident households have a monthly market income of S$30,000 or more, up from 7.4 per cent in 2020.Singapore office rents climb higher in Q2 as limited CBD supply keeps market tightSingapore’s office rents continued to rise in the second quarter of 2026 as limited supply in the central business district and demand from artificial intelligence and financial services firms kept the market tight.“The underlying market dynamic remains firmly supply-constrained, with Marina Bay remaining the primary demand driver as IOI Central Boulevard Towers and other prime buildings near full occupancy,” said JLL in its Q2 report on the office sector.Electricity tariff for Singapore households to rise by 17%, gas tariff by 7.1% from July to SeptemberHouseholds in Singapore will see a 17 per cent increase in electricity tariff from July to September, while town gas tariff will also go up by 7.1 per cent.In a statement on Tuesday (Jun 30), the Energy Market Authority (EMA) said the higher prices are due to increased prices of natural gas amid the conflict in the Middle East.Natural gas prices increased sharply from the end of February, and remained elevated from April to June, leading to higher costs of producing electricity and town gas here, it added.","news_type":1,"symbols_score_info":{"STI.SI":2}},"isVote":1,"tweetType":1,"viewCount":73,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":380,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/580982058783360"}