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28-07-2014, 08:10 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
ICA MAKES ROUGHLY $140 MILLION EVERY 5 YEARS JUST FROM OUR PASSPORT RENEWALS
.node-article .field-name-ad-box-in-article {float: left;margin: 15px 15px 10px 0;}.node-article .field-tags{clear: both;} Post date:
28 Jul 2014 - 2:41pm
http://therealsingapore.com/sites/default/files/styles/large/public/field/image/P1000370_0_1_0.JPG?itok=sXrdak4S (http://therealsingapore.com/sites/default/files/field/image/P1000370_0_1_0.JPG)
ICA is collecting about $140 million dollars every five years for issuing passports.
This is based on the following assumptions and estimates:
Population = 2 million
Cost per passport = $70
Renewal compulsory every five years
Total revenue collected every five years = 70 x 2 million = $140 million.
This sounds like an awfully large amount of money just for performing the simple task of issuing passports.
In the past, passports are valid for 10 years, and passports for visit to Malaysia only cost $10.
The elimination of the budget option for Malaysia only passport, plus the sharp reduction of passport validity to only five years, meant a large increase in revenue for ICA for passport issuance.
Would the government kindly explain the following;
1. Why the budget option passport was stopped?
2. Why are passports valid for 5 years only?
3. Is the current price of passports based on cost recovery principle?
In addition, for parents with new children born in the family, everyone would have passports of varying expiry date. It is cumbersome to incur extra trips to bring young children for each renewal.
At the expense of lowering the revenue slightly, would the government be people-centric and consider the following;
To allow one time free family renewal for every member of the household so as to synchronize the passport expiry date
Kampong Boy
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?186737-Ica-makes-roughly-140-million-every-5-years-just-from-our-passport-renewals&goto=newpost).
ICA MAKES ROUGHLY $140 MILLION EVERY 5 YEARS JUST FROM OUR PASSPORT RENEWALS
.node-article .field-name-ad-box-in-article {float: left;margin: 15px 15px 10px 0;}.node-article .field-tags{clear: both;} Post date:
28 Jul 2014 - 2:41pm
http://therealsingapore.com/sites/default/files/styles/large/public/field/image/P1000370_0_1_0.JPG?itok=sXrdak4S (http://therealsingapore.com/sites/default/files/field/image/P1000370_0_1_0.JPG)
ICA is collecting about $140 million dollars every five years for issuing passports.
This is based on the following assumptions and estimates:
Population = 2 million
Cost per passport = $70
Renewal compulsory every five years
Total revenue collected every five years = 70 x 2 million = $140 million.
This sounds like an awfully large amount of money just for performing the simple task of issuing passports.
In the past, passports are valid for 10 years, and passports for visit to Malaysia only cost $10.
The elimination of the budget option for Malaysia only passport, plus the sharp reduction of passport validity to only five years, meant a large increase in revenue for ICA for passport issuance.
Would the government kindly explain the following;
1. Why the budget option passport was stopped?
2. Why are passports valid for 5 years only?
3. Is the current price of passports based on cost recovery principle?
In addition, for parents with new children born in the family, everyone would have passports of varying expiry date. It is cumbersome to incur extra trips to bring young children for each renewal.
At the expense of lowering the revenue slightly, would the government be people-centric and consider the following;
To allow one time free family renewal for every member of the household so as to synchronize the passport expiry date
Kampong Boy
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?186737-Ica-makes-roughly-140-million-every-5-years-just-from-our-passport-renewals&goto=newpost).