Singapore does not take sides in foreign policy – Chan Chun Sing
Speaking to Chinese youth in Beijing. ST 7 Jul, Chan Chun Sing told his Chinese audience that Singapore does not take sides in foreign policy. In recent comments by govt officials, it is very difficult to believe how this is the case when the position was so clearly pro USA and anti China. At one point a diplomat had to retracted...
New rail financing framework will reward Temasek/SMRT at commuters’/taxpayers’ expense
On 15 July, the government finally announced it would be taking over all “SMRT’s operating assets” to allow SMRT to focus on improving its service levels. As to be expected, the well-prepared propaganda is being executed by the MSM to convince the public of this necessity. When SMRT said “SMRT will still shoulder significant...
Nationalisation may better reflect on SMRT’s role in society
I am sure that Desmond Quek, SMRT CEO will get a round of condemnation from social media by saying this: “Despite the steady increase in non-fare earnings, this trend of declining profitability is expected to persist under the current financing framework as the additional capital expenditure and increased depreciation would...
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