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...
Great money saving ideas for the HDB
HDB is worried that it will lose $100m a year if it does not raise the parking fees. After writing a piece on it, another blogger, a jjgg, commented HDB should do away with charging parking fees to save money, or at least don’t have to lose $100m yearly. Actually this comment makes a lot of sense. Let me work out the numbers,...
Is Singapore playing Santa Claus again?
Temasek was reported to have set up panel of advisers for the Americas and Europe with the biggest names that money can buy. In the ST on 17 June, it reported, ‘The Temasek Americas Advisory Panel(TAAP), …has seven members, including PepsiCo chairman and chief executive Indra Nooyi, Honeywell Internation chairman and CEO...
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