Out of curiousity, I just went to check out what temesak holdings owned. This is what i discovered.
SingTel-63%
MediaCorp-( the company that owns all the free to air channels in singapore)-100%
StarHub-63%
Capital Land-43%
DBS-28%
SIA-57%
PSA-100%
SMRT-55%
Singapore Power-100%
Tuas Power-100%
all information from http://www.temasekholdings.com.sg/index.htm
and many more.
Well since Temasek Holdings owns so many important companies within Singapore such as SMRT, i will like to raise a question, are they responsible for the actions of the company they owned?
For example, If SMRT hike MRT price citing increase cost in 'staff salaries' and increase cost in 'maintence' after the elections, and the government does it's usual response of saying that they do not have control over 'privately' owned company. Who do we blame for the hike? Who make the decision to hike price.
1)Do we blame the government? who in their defences said they do not owned the company
2)Do we blame the management of the SMRT and their CEO? Well the usual assumption is to blame them since it would most likely be them who imposed the decision to hike price.
3)But then since Temesek Holdings owned SMRT, should it not be them who be blamed? Should we citizens blamed the hike on the CEO of Temaesk Holdings ,Ho Ching and the board of directors?
My answer.....SCREWED IT! If SMRT hike the fare, the only people who deserve to get blamed are naive Singaporeans above the age of 21, people who every five years decides to grant Politicians with so much power in Singapore with even more power.
Like they say, You reap what you sow.
SingTel-63%
MediaCorp-( the company that owns all the free to air channels in singapore)-100%
StarHub-63%
Capital Land-43%
DBS-28%
SIA-57%
PSA-100%
SMRT-55%
Singapore Power-100%
Tuas Power-100%
all information from http://www.temasekholdings.com.sg/index.htm
and many more.
Well since Temasek Holdings owns so many important companies within Singapore such as SMRT, i will like to raise a question, are they responsible for the actions of the company they owned?
For example, If SMRT hike MRT price citing increase cost in 'staff salaries' and increase cost in 'maintence' after the elections, and the government does it's usual response of saying that they do not have control over 'privately' owned company. Who do we blame for the hike? Who make the decision to hike price.
1)Do we blame the government? who in their defences said they do not owned the company
2)Do we blame the management of the SMRT and their CEO? Well the usual assumption is to blame them since it would most likely be them who imposed the decision to hike price.
3)But then since Temesek Holdings owned SMRT, should it not be them who be blamed? Should we citizens blamed the hike on the CEO of Temaesk Holdings ,Ho Ching and the board of directors?
My answer.....SCREWED IT! If SMRT hike the fare, the only people who deserve to get blamed are naive Singaporeans above the age of 21, people who every five years decides to grant Politicians with so much power in Singapore with even more power.
Like they say, You reap what you sow.
posted by Timothy at
9:48 PM
6 Comments:
That was some entry. It stirred one distinct emotion in me, anger. And i felt like i needed to punch the author for the host of grammatical errors.
and face it, without PAP no one will trust a government like SDP or WP...maybe its time the president became the most important person, like the US-constitution...
By
dinesh, at 3:12 AM
hey u can't have the best of both world, good idea and good grammar.
Anyway I appreciate your opinion though i have no idea what it means
By
Timothy, at 12:05 AM
would you entrust your future with SDP? that's what i mean
By
dinesh, at 12:11 AM
OK. Will you trust PAP completely with your future. No right, so why the heck should they get all the seats in parliament.
By
Timothy, at 1:37 AM
Hey janell, well your opinion is certainly different from mine. I think the La mina ppl are cool...too many irritating pp in cassyn like shane and cirie for me
By
Timothy, at 12:26 PM
i prefer Casaya. ;)
By
Anonymous, at 11:39 PM
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