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Coffeeshop Chit Chat - Lemon Lim: Airport Future Looks Bright</TD><TD id=msgunetc noWrap align=right>
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">SGNEWSALTE <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">Jan-28 7:45 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 5) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>6051.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Lemon Lim, it takes more than a change in organisation entity to make the business flourish. You are just creating fake value out of "corporatising" state agencies, creating a bubble to shore up the country's GDP and provide cushy and well-paid positions for princelings, SAF paper generals and political cronies.
http://www.moodiereport.com/document.php?c_id=1113&doc_id=19658
Changi Airport takes first steps towards privatisation – 28/01/09
Source: ©The Moodie Report
By Melody Ng
SINGAPORE. The government has set in motion plans to corporatise Changi Airport through a new joint-stock company, and to create a new, separate organisation to replace the Civil Aviation Authority of Singapore (CAAS). It is potentially the first step towards privatising the airport. The new companies will begin operating from 1 July.
The move is aimed at making Changi more competitive among international hub airports.
The new Civil Aviation Authority will be led by Lee Hsien Yang as Chairman and BG (NS) Yap Ong Heng as Director-General. Lee, the son of Ministor Mentor Lee Kuan Yew, is currently the Director and Chairman of Fraser and Neave Limited, while Yap is the Deputy Secretary in the Ministry of Law.
The new Changi Airport company will be led by CapitaLand Group President and CEO Liew Mun Leong as Chairman and CAAS Deputy Director-General (Operations) Lee Seow Hiang as CEO.
In a statement, the Ministry of Transport said: “Corporatisation will strengthen Changi’s position as a premier air hub by enabling it to be more nimble to compete in today’s rapidly changing aviation landscape. We also want to give Changi greater flexibility to attract and retain top talent to compete with global airport operators.”
Minister for Transport and Second Minister for Foreign Affairs Raymond Lim added: “I would like to assure Singaporeans and users of Changi Airport that Changi will continue to offer the same reliable, friendly and efficient services that they are accustomed to. I am confident that after the corporatisation process, Changi will emerge even stronger and be able to soar higher.”
He continued: “The future for employees in both entities will be bright and exciting. Corporatisation will enhance the career options of CAAS staff.”
<HR SIZE=1>Edited 1/28/2009 10:49 pm ET by SGNEWSALTE</TD></TR><TR><TD> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
http://www.moodiereport.com/document.php?c_id=1113&doc_id=19658
Changi Airport takes first steps towards privatisation – 28/01/09
Source: ©The Moodie Report
By Melody Ng
SINGAPORE. The government has set in motion plans to corporatise Changi Airport through a new joint-stock company, and to create a new, separate organisation to replace the Civil Aviation Authority of Singapore (CAAS). It is potentially the first step towards privatising the airport. The new companies will begin operating from 1 July.
The move is aimed at making Changi more competitive among international hub airports.
The new Civil Aviation Authority will be led by Lee Hsien Yang as Chairman and BG (NS) Yap Ong Heng as Director-General. Lee, the son of Ministor Mentor Lee Kuan Yew, is currently the Director and Chairman of Fraser and Neave Limited, while Yap is the Deputy Secretary in the Ministry of Law.
The new Changi Airport company will be led by CapitaLand Group President and CEO Liew Mun Leong as Chairman and CAAS Deputy Director-General (Operations) Lee Seow Hiang as CEO.
In a statement, the Ministry of Transport said: “Corporatisation will strengthen Changi’s position as a premier air hub by enabling it to be more nimble to compete in today’s rapidly changing aviation landscape. We also want to give Changi greater flexibility to attract and retain top talent to compete with global airport operators.”
Minister for Transport and Second Minister for Foreign Affairs Raymond Lim added: “I would like to assure Singaporeans and users of Changi Airport that Changi will continue to offer the same reliable, friendly and efficient services that they are accustomed to. I am confident that after the corporatisation process, Changi will emerge even stronger and be able to soar higher.”
He continued: “The future for employees in both entities will be bright and exciting. Corporatisation will enhance the career options of CAAS staff.”
<HR SIZE=1>Edited 1/28/2009 10:49 pm ET by SGNEWSALTE</TD></TR><TR><TD> </TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
