SGX: Disk FT isit? Prime terrorist target?
No lah in my opinion to the first question. The FT president is trying to throw smoke in blaming a faulty disk. It’s more serious. SGX said that at 9.38am on the day of the trading halt, it detected input and output errors on a disk that runs the application to send out clearing messages to members. The application did not...
Minister Khaw promises to inconvenience train commuters with unnecessary trial
Minister Khaw has recently announced he will be putting the cart before the horse. Some time later this year, MOT will conduct a trial – foldable bicycles and personal mobility devices (PMDs) will be allowed on public transport during peak hours. But is this trial even necessary? Aren’t our trains already packed like sardines...
Taxpayers/SMRT commuters will be sold out by Temasek’s buyout offer, SMRT’s nationalisation
Temasek’s buyout offer is sort of a back door nationalisation for SMRT because Temasek is an exempt private company belonging to the government. Temasek uses tax dollars and reserves for its investments and its board of directors are government appointees. Control by Temasek ultimately means control by the government. SMRT...
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