Let the private sector take the lead
MIT Professor Huang Yasheng is a well-known critic of the state-owned enterprise model, both in Singapore and China Last year, an economics professor from the elite Massachusetts Institute of Technology (MIT), Huang Yasheng, strongly criticised Singapore’s state-linked enterprise model, describing it as a “sure-fire way...
Cheap Electricity?
Buried in the back pages of Saturday's paper was a little known oddity that Singapore's PowerSeraya had been quietly selling surplus generation capacity to Malaysia. Apparently the Energy Market Authority had granted authority to export electricity until Wednesday June 15. EMA said the Government will consider any requests that...
Incoming Fare Increases
Tuck Yew! (sorry, couldn't resist that!) Who cares about adding additional bus, train capacity if it means higher cost of living for the consumers? After all, as Prof Chin of NUS said, "My feel is that for land transportation (compared with aviation and maritime) - trains, buses - we probably are adding capacity not ahead of...
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