Time to shake up the GLC monopolies
Transport Minister Lui Tuck Yew recently defended the privatisation of public transport companies, arguing that the profit incentive leads to greater efficiency and higher service standards The recent high-profile exchange between Non-Constituency MP Gerald Giam and Transport Minister Lui Tuck Yew on the topic of a nationalised...
Just how much profit is enough?
NCMP Gerald Giam has called for public transport to be nationalised and operated on a cost-recovery basis With public transport operators SMRT and SBS Transit pressing for a fare increase of 2.8% – the maximum allowed by the law – despite persistent complaints of overcrowding and worsening service standards, it is little...
Reflections of a S’porean entrepreneur in a tough SG business environment
I have been hesitant on posting this but felt it's time I should. In my books, Singaporeans comes first, when it comes to hiring. 90% of my staff are Singaporeans, most of them at age 45 and above. The rest are M'sians taking up sales positions which it's tough to get Singaporeans to fill. On top of that, all my 5 part-timers...
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