Biggest Taxi operator reporting huge losses
Prolonged competition from private car operator has made COMFORT, the biggest taxi company in Singapore to report a massive loss. Its net profit for the second quarter ended June 30th fell 6.8% to S$79.4 million. COMFORT never had such a massive loss and with competitive tsunami not receding, investors funding to loss-making...
Jobs 2006-2016: 376,800 locals, 701,900 foreigners – 467,659 new PRs, 208,840 new citizens?
How many of the 376,800 locals’ jobs’ growth in the last decade went to Singaporeans? I refer to Phillip Ang’s article “PAP population policy failure cheapens Singapore PR to a piece of tissue” (TR Emeritus, Sep 2). Since 2004, PRs increased by 169,000 from 356,000 to 525,000 in 2016? It states that “Since PM Lee’s...
99.97% don’t qualify to stand as President?
I refer to the article “Firms with $500 million capitalisation in minority” (thenewpaper, Sep 1). It states that “The criteria has tightened for private sector contenders, who must now have run a company of a higher worth. To automatically qualify, the candidate must be the most senior executive of a company with shareholder...
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