What’s the Point of Awards?
SMRT has been consistently recognised for excellence in PR and communication while Keppel Group has won one accolade after another for outstanding corporate governance and board management. They are ironically award winners in the categories that the public would say they have fallen way short, way below acceptable standards. SMRT’s...
Jialat for PAP
Unhappy HDB “owners”will complicate change of PM (Connecting SMRT failures, 4th gen ministers & change of PM) and other plans. In yet another sign of a recovery in the private residential market (SIBOR up 25%, but property mkt is hot?), prices went up 1.1 % in 2017, reversing the 3.1% decline in 2016, figures from...
Keppel Scandal Moral Hazards
A person who tried offering bribe of $50 to police officer was jailed for SEVEN months but those buggers in Keppel Scandal just walk off with only fines imposed on the company? There is HUGE Moral Hazard here. Executives in such GLCs or companies could just offer huge bribes to get contracts and in the end, reward themselves...
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