The Illusion Of Success In Singapore
Most of us would have heard of the 5 Cs of Singapore. The term, which was coined back in the 90s, was used to describe the material aspirations that some people in Singapore strive towards. The 5 Cs referred to the following: car, cash, credit card, country club and condominium. Yet, one could argue that these material aspirations...
How to solve MRT problems?
Sack the CEO. Some people may think that this is some populist simplistic solution but this solution has its deeper implications in terms of operations. Sacking the CEO who is undoubtedly incompetent to get the MRT fixed is not only a strong signal of adhering to the principles of Meritocracy but it is a practical way of solving...
How PAP transformed SMRT into pow chiak company for Temasek, CEO to be obscenely rewarded
Propaganda: Privatisation of SMRT is to improve service. Reality: Transform SMRT into 101% profitable company for Temasek. It’s fairly simple to understand this. SMRT earns fare- (about to lose money) and non-fare (pow chiak) income. With the introduction of New Rail Financing Framework** (NRFF), SMRT is guaranteed a...
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