MM Lee say Mahathir built port to 'undercut & 'sabotage' Singapore

[Papsmearer]

It's not competition if you're actually selling beer but purposely sell chicken rice at $0.50 when your cost is $1.25. That is sarbotage.

Its called a "Loss Leader" in marketing terms, you fucktard. Most retailers have this, so its called competition and not sabotage. U make your money from the beer sales and lose it on the chicken rice. But in the end, you eran more than you lose. Common tactic, hardly sabotage. By the way, "sabotage" is spelt like that and not "sarbotage". Go to a good school next time.

 

[Debonerman]

Its called a "Loss Leader" in marketing terms, you fucktard. Most retailers have this, so its called competition and not sabotage. U make your money from the beer sales and lose it on the chicken rice. But in the end, you eran more than you lose. Common tactic, hardly sabotage. By the way, "sabotage" is spelt like that and not "sarbotage". Go to a good school next time.

Don't mind the pondan. Fucker speaks like that too on account of all the accumulated sperm in the mouth from the non stop sucking of PAP cocks!

 

[johnny333]

I think u made a very good point. In the old days, Gecko would have proofread his new book and take out all the offensive passages. Same with his speeches. Maybe even warn him to not shoot his lancheow mouth off when he goes out the door to attend an event. Now, got no one like this to jagar him, and result is his dyrrhea mouth with hand over fist insults.

Behind every great man is a woman

LKY is pretty old now & some senility must have set in. If what you say is true Gecko must have been the only persons that could have handled LKY . We'll probably see more "foot in the mouth" goof ups in the future

 

[myo539]

He makes all in about 9 mio p.a. so giving away few mio is nothing at all esp when all his children make big money and his wife left behind millions.

Perhaps that the reason why he doesn't need the money. He has enough to last a few generations. Politics becomes a national service to him.

After a man has accumulated enough wealth, money is no longer his priority.. Posterity becomes more important.

 

[Dreamer1]

Yes Johnny,you are rite on,we are already seeing so much :"foot in the mouth" acts by MM LKY,it could be that his dear son,PM LHL would have to stop him fr becoming an international Embarrassment ,who knows!

As to that joker who worships MM LKY like mad and claimed that MM LKY did not need any more money and thus he can contribute much more to Singapore,this is really BLIND & MAD worship,as he does not know the hero that he worships.

MM LKY ,if you really watch him as I did for over 50 years,is not into money,he does not work for money,as to making billions of dollares,I think it is more due to his loving wife,he once told the Spore parliament that he was a kept man,and in fact,he was,who makes more money than his madam?

 

[johnny333]

Yes Johnny,you are rite on,we are already seeing so much :"foot in the mouth" acts by MM LKY,it could be that his dear son,PM LHL would have to stop him fr becoming an international Embarrassment ,who knows!

As to that joker who worships MM LKY like mad and claimed that MM LKY did not need any more money and thus he can contribute much more to Singapore,this is really BLIND & MAD worship,as he does not know the hero that he worships.

You have to wonder about those who defend the PAP Are they just doing it because the job pays well? Are they even Sporeans who are concerned about Spore & Sporeans? The fact there are many ex-civil servants now living in Aust may answer that question

I doubt LHL has any influence over his father that's why even though he's the PM he had to come up with the 'official' side of the story after LKY's goof up.

Expect more embarrassing slip ups by LKY before he ups the lorry.

 

[potato29]

I know some people are too afraid to say anything about LKY while he's still around but once he's gone, you'll hear worse names than Mr. 10%

this is speculation and does not proof that MR 10% is not corrupt.

 

[Dreamer1]

this is speculation and does not proof that MR 10% is not corrupt.

Of course Mr Ten % is highly corrupted,and there is no issue in Malaysia now that his one time blue eyed boy who ran MAS for UMNO told the court that he held shares in trust of Dr MadHaiTi,it is common knowkedge now.

Singapore is different,the most we can clima that that MM LKY has been LEEgalised,and the rest are best left unsaid.

 

[johnny333]

this is speculation and does not proof that MR 10% is not corrupt.

I've no doubt people in power have plenty of opportunity to fill their own pockets, LKY has pointed out that people give him an extra egg, etc, etc.

If you have a Mr. 10% in Malaysia, what about in Spore Not forgetting that LKY already receives multi-millions salary, multi-millionaire pension, directorships fees, special advisor to various companies, pays no taxes, etc

Bet LKY is at least a Mr. 50% plus and when you add the other Lees & cronies it's no wonder they have to increase gst, utility rates, coe, etc

Corruption in Malaysia is interesting but we should not ignore the bigger problem that exists in our own backyard.

With so many multi-millionaires that the tax payer has to support in the Spore gov't, something has to give & that's what you are seeing now with the empty shopping malls.

 

[scroobal]

I am getting the impression that people think that the Malaysians are undercutting the Singaporeans and therefore losing millions. They are not. There is a huge scandal over corruption at Port Keleng but that is a different matter.

The pricing that Maersk and Evergreen were facing were not ridiculously low prices. When major companies make such significant shift, they go into detail studies including throwing out ridiculously short term cheap price and looking at viability. In shipping port clearence and timing is vital as they traverse the ocean and land in many port to keep and also have to keep to a schedule.

It should be noted that a number of Malaysians who graduated here and on scholarships working for PSA were hired by the Malaysians.

Only Evergreen had some issues with the terms offered by the Malaysians and needed some comfort on the political front. A chinese MP from JB who spoke Hokkein sealed the deal when Evergreen bosses met up with him. His first name was Jimmy but can't recall anything else.

Port servicing business is not cheap neither is it unsophisticated. We all seem to fall into the trap that all Malaysians are lazy, can't do simple maths and nothing works. The North South Highway was built in record time, first class quality and beyond expectation. That highway was so good that it crippled MAS. It resulted in the Singapore and British Intelligence community to reassess the Malaysian capacity to do things.

The PAP and old man have ingrained in us to accept excuses for everything that does not go well. Competition has the been the heartbeat of mankind the moment we left the caves and engaged in trade. Even before that it was over women. Us Chinese of all people should know the meaning of competition.

Lets take it simple lowest common denominator. The bulk of the goods coming in and going out of PSA before TP was for Malaysia. If you had an ounce of brain and you are Malaysian, what would you do. Here are the options
1) Don't do anything on the basis that you will be seen to sabotage Singapore's economy
2) Get your own port going if is viable.
3) Sit on your butt and sing Kumbaya

This Malaysia sabotage thing is yet another fear factor of old man and ST. When PSA was doing very well, they had a ex-minister, heaps of scholars including the daughter of old man's long standing press secretary. Now no ones want to move to PSA as they have to regain their former profit flow and that means hard work.

 

[Cestbon]

Agree with you on North South Highway. With good quality and cheapest in the world. Even cheaper than China/Thailand/Taiwan.
Some local Malaysia will not able to survive without political link. Only with few exception eg. AirAsia they have to fight with MAS .

 

[potato29]

Lets take it simple lowest common denominator. The bulk of the goods coming in and going out of PSA before TP was for Malaysia. If you had an ounce of brain and you are Malaysian, what would you do. Here are the options
1) Don't do anything on the basis that you will be seen to sabotage Singapore's economy
2) Get your own port going if is viable.
3) Sit on your butt and sing Kumbaya

the bulk of PSA's biz is transhipment.

 

[scroobal]

I hope you know the meaning of transhipment.

the bulk of PSA's biz is transhipment.

 

[Ramseth]

I do hope people here understand the difference between sabotage and competition.

 

[scroobal]

The fact that Maersk owns 30% of Tanjong Pelepas and that TP is the world fastest growing port in the world seems to be lost to many. They honestly think that Maersk is undercharging to screw its own profitably and that it is the world's largest shipper does not seem to throw light on anyone. Looks like Old man and the Straits Times are the only fountain of knowledge.

I remember that when Maersk went to TP, everyone predicated they will return to PSA as the scenarios of lazy malays, crane breakdown, corruption etc loomed high in the air. Then Evergreen went and the penny fell. 10 years later and we still have people talking about sabotage.

I do hope people here understand the difference between sabotage and competition.

 

[potato29]

I hope you know the meaning of transhipment.

unlike sam, i google.

 

[potato29]

The fact that Maersk owns 30% of Tanjong Pelepas and that TP is the world fastest growing port in the world seems to be lost to many. They honestly think that Maersk is undercharging to screw its own profitably and that it is the world's largest shipper does not seem to throw light on anyone. Looks like Old man and the Straits Times are the only fountain of knowledge.

who said anything about Maersk undercharging?
they are the ones having $0.50 chicken rice.:o:o:o

 

[numero uno]

unlike sam, i google.

never understand why so many !diots here who can't think properly and talk like small kids. In business and as in war and love matters, all is fair and square. you do your business and I do mine. there is no such thing as sabotage or undercutting. common sense would tell you the costs of doing business in Malayssia is way cheaper as land, water, electricity, staff salary is about 50-60% cheaper. so it is only natural they price their services cheaper. only sourgrapes forummers here call it sabotage. how come when shanghai ports undercut PSA nobody make noise?

 

[Windsor]

Fastest Growing Port In The World

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Will Soon Overtake This Port

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[potato29]

how come when shanghai ports undercut PSA nobody make noise?

if u sell chicken rice at $3 and some one open stall next to u and sell at $0.50, what would u call it?

shanghai open stall next .....?:o:o:o