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Know The Truth

zhihau

Super Moderator
SuperMod
Asset
I'll be happy if we can bring the MIW ministar salary down to less than SGD$500,000.00 per year, each of them.
 

SgGoneWrong

Alfrescian (Inf)
Asset
Know the truth and know pap's true performance:

1. Keppel Corp profit down 9% in the latest financial performance announcement
2. NOL lost US$ 152 million in the first 6 months of 2014. It will get worse for the 2nd half of 2014
3. SPH profit is down 5.5%
4. SGX profit is down 16%
5. SG casinos suffer fall of more than 50% in profits
6. PRC tourists to Singapore decline sharply
7. Esplanade reports 1st ever annual loss

Singapore's economy is not doing well despite paying top dollars for PAP Ministers. Singaporeans are not hearing the whole truth from the pap. Bad news are discreetly suppressed. How long can the truth be suppressed?

I urge Singaporeans to know beyond what the pap says and what the MSM report

Will SG go into a recession soon?

I'm very pissed off the election cum ntuc loser is put in Keppel corp to suck its profits further. Keppel corp is a good company screwed up by cronies.
 

TracyTan866

Alfrescian (Inf)
Asset
I'll be happy if we can bring the MIW ministar salary down to less than SGD$500,000.00 per year, each of them.

Serving SG must come from their hearts. No point compelling them to agree to bring down their salaries to $500k or $300k when they can arbitrarily pay themselves a bonus of 6mths or 12 months or 18months without having to declare it

These people are pure greed
 

TracyTan866

Alfrescian (Inf)
Asset
Our ability to spend is dependent on our income. When median take-home pay is $1700, there's not a lot of money left for discretionary spending.

no purchase power. that's why many businesses are failing as the pap has sucked out all the money from the economy...high rentals, high hdb prices, hi car prices, hi transportation costs, hi erp, gst, maid levies, etc.
 

TracyTan866

Alfrescian (Inf)
Asset
I'm very pissed off the election cum ntuc loser is put in Keppel corp to suck its profits further. Keppel corp is a good company screwed up by cronies.

the pap uses GLCs for their own agenda to reward their cronies.

Lim Boon Heng is Chairman, TH. Is that meritocracy?

Lee Boon Yang is Chairman, SPH. Is that meritocracy?
 

TracyTan866

Alfrescian (Inf)
Asset
I'm very pissed off the election cum ntuc loser is put in Keppel corp to suck its profits further. Keppel corp is a good company screwed up by cronies.

Every Singaporeans must know how the pap uses GLCs and TLCs to reward its own people. Every Singaporean should be rightly pissed off
 

melzp

Alfrescian
Loyal
ALMOST EVERY AIRLINE IS BLEEDING; ITS SO SO COMPETITIVE. EVEN QANTAS.

only Cathay flying high, I think.
 

TracyTan866

Alfrescian (Inf)
Asset
ALMOST EVERY AIRLINE IS BLEEDING; ITS SO SO COMPETITIVE. EVEN QANTAS.

only Cathay flying high, I think.

some airlines are bleeding more than others.

On the passenger side, problem with sia is that it depends a lot on business class and 1st class passengers and it relies a lot on USA and Europe markets. when USA and Europe don't do well economically, SIA falters.

Wage wise, SIA carries a lot of dead weight on its payroll.

Competition wise, SIA cant compete with Emirates, Etihad and Qatar on the long routes

Price wise, SIA is expensive

Increased competition from Jet Star, and other budget airlines has chipped off SIA's market in Australia. SIA is trying to do a monopoly with ANZ to the NZ market and the price to these destinations is atrocious. Silly strategy and the passengers will nopt forget this when the NZ market is liberalised

Some unwise management decisions in fuel hedging have cost SIA big money.

So I see strong headwinds for sia
 

ginfreely

Alfrescian
Loyal
some airlines are bleeding more than others.

On the passenger side, problem with sia is that it depends a lot on business class and 1st class passengers and it relies a lot on USA and Europe markets. when USA and Europe don't do well economically, SIA falters.

Wage wise, SIA carries a lot of dead weight on its payroll.

Competition wise, SIA cant compete with Emirates, Etihad and Qatar on the long routes

Price wise, SIA is expensive

Increased competition from Jet Star, and other budget airlines has chipped off SIA's market in Australia. SIA is trying to do a monopoly with ANZ to the NZ market and the price to these destinations is atrocious. Silly strategy and the passengers will nopt forget this when the NZ market is liberalised

Some unwise management decisions in fuel hedging have cost SIA big money.

So I see strong headwinds for sia

Yesterday I watched CNA documentary on woman pilot. SIA don't have woman pilots, only Silkair. Not equal employer and not progressing with times.
 
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