How does the Government help GLCs get rid of loss making entities?

[scroobal]

Anyone can guess which recent news that I am referring to? The 2 beneficiaries from this recent announcement and who are they?

I will go into story later.

 

[greedy and cunning]

just off the head,
right hand sell the sawasdee ka telekom to left hand ?
right hand sell the cute koala bear telekom to left hand ?
or what ?

 

[mojito]

The PAP is wise to rely on the ingenuity of the private sector to turn things around. That is how you create value for failing enterprises.

 

[sleaguepunter]

smrt and delgo lah.

by only bidding for the routes that most profitable, the two bus companies are in position to earn big bucks while the ppl who stay along ulu routes are screwed.

 

[scroobal]

Bingo bro.

They nationalising the bus service to safe these guys. Disgraceful. The first attempt was last years billion fund to subsidise, now this.

Desmond week and Mrs Pms must be delighted.

Reminds me of Mahathir nationalising the shipping lines to save his son.

smrt and delgo lah.

by only bidding for the routes that most profitable, the two bus companies are in position to earn big bucks while the ppl who stay along ulu routes are screwed.

 

[tonychat]

what can you bunch of sinkies do beside posting in the forum.

 

[kingrant]

Our multi-million dollar Cabinet throwing more good millions after all the bad millions gone down the drain..The biggest dud is still the princeling.

 

[greedy and cunning]

what can you bunch of sinkies do beside posting in the forum.

have you ask yourself that same question ?