THE M3: S'PORE CPI; TAXI FARE HIKE

The Macau Metro Monitor, January 25, 2012

SINGAPORE'S CPI UP 5.5% ON-YEAR IN DEC Channel News Asia

Singapore CPI rose 5.5% YoY in December.  November CPI gained 5.7% YoY.

LUKEWARM TAXI TAKINGS DURING LNY DESPITE HIKE Channel News Asia

This is the first Lunar New Year since the recent taxi fare hikes in Singapore.  Taxi drivers said takings are generally about the same as last year's despite the higher rates.  For a minority, business is up by 10 to 15%, but that could be dependent on where they ply their trade such as at hotspots like the airport and Marina Bay Sands.