Has "Lightning Bolt" gone mad?
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Originally posted by BillyBong:
Should i take your statement above seriously? Or do you have selective memory?
How else should i interpret your claim above other than 'bad'?
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That's obviously cherry-picking. When read in its entirety, I certainly had placed Creative and SIA pretty high on my list. They had been on the 'Great' list once, so faltering to the 'High Achieving' list is not necessarily undermining their achievements. It is common knowledge that SIA is dropping in international rankings, and it is now doing some disaster-recovery. Creative was hit hard in the CDROM and MP3 market, and again that's common knowledge.
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Originally posted by Lim Beh Ka Li Kong:
It's always sexy to go govt-bashing, and claiming tt the whole S'pore was 'brainwashed'...
For one, we have one of the best public service tt the world looks to for guide. May not be the best ard, but we certainly have a credible service.
Are we able to say the same for the local banks? local manufacturing firms (if any since most are foreign MNCs)? Creative and SIA are prob two names most can name, but hey, they are faltering too...
And how sure are you tt these pple do not 'give' themselves millions at EGMs? Wee Cho Yaw earns >$20m a year... Sure, u may say he deserves them coz he made $$$$ for UOB n his other companies... But whiy is it tt u can agree with this amt when u can't think draw an equivalent to our to[ ministers?
Is $1m per year too much? Maybe...
But do they deserve it? I have no qualms abt tt...
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Originally posted by Lim Beh Ka Li Kong:
China's economy is roaring...
At one point, their premier was earning abt USD800, I believe...
You really shd be there...
ohh... talking abt 'facts'..
wow, i think i gave more figures and stats then u did...
comparing us to scandinavians jus becoz u 'think' they are better...
wow... and trust u to believe forbes wholesale, and not looking at other reports...
and u think board of directors are really tt neutral?
who appts them?
how much do they know abt the running?
what happened in Enron and NKF?
Anyway, I have never said UOB and SIA are bad...
but if they can be paid remuneration based on tt result, how far off is our public service when it comes to international standings?
I really like your sense of 'impartiality' on fair comparison...
why dun u take a look reports from PERC / WB / WEF and a list of other sources before commenting?
Performance is measured by RESULTS, not whether they are public or private?
Look ard you and I hope u can still say our govt sucks when compared to the rest of the world...
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Originally posted by BillyBong:
Instead of making hollow accusations that statistics and reports from Forbes lack credibility, what proof do you have that the profit findings are inaccurate? Making such contentious claims merely exposes your own inadequacy to respond when shown the data. The Forbes report was used because it summarised the net profit declared by SIA in a lump sum, making it simple to interpret. Sowing confusion by referencing various statistical data will merely befuddle the issue, rather than provide clarity.
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Do not put words into my mouth. At no point had I said Forbes lack credibility. The prob I had was that you had read but one positive report while ignoring others.
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Originally posted by BillyBong:
What tangible performance indicators have the government revealed to evaluate the results of their ministers? Mah Bow Tan was just quoted recently in claiming that HDB flats will be kept 'affordable' in the near future, but what does he mean by affordable? A single 3-foot flat is already a 6-figure sum, and HDB was recently unable to respond convincingly to a comment that HDB flats are sold at a discount and not a subsidy as claimed by HDB.
More lip service from Mah? Do we measure our ministers in this manner? By word of mouth and generalisation?
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We are in agreement here though. I dun have positive words for MBT too. When he was in Sports, he dreamt an impossible 2010 to paint a rosy picture. Nicoll highway started construction during his days, I believe. And he scrapped building 1-, 2- and 3-rooms saying tt there were nil demands, only to retract the words few yrs later. So yeah, by all means, vote him out at the next GE... -
Oh yah... Always a mystery to me as to why the opposition had not chose to contest in Tampines GRC... Why would they want to be at Ang Mo Kio and Aljunied to fight the strongmen? Imagine Sylvia Lim and her team at Tampines? That would be a good fight...
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Raising their own salaries when they've approved the raising of GST is completely tackless.
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That's obviously cherry-picking. When read in its entirety, I certainly had placed Creative and SIA pretty high on my list. They had been on the 'Great' list once, so faltering to the 'High Achieving' list is not necessarily undermining their achievements. It is common knowledge that SIA is dropping in international rankings, and it is now doing some disaster-recovery. Creative was hit hard in the CDROM and MP3 market, and again that's common knowledge.
Should i be seen as 'cherry-picking'? Or merely pointing out the loopholes in your own claims, which you now conveniently sweep aside? I do not see how your earlier statements can put SIA and Creative in bad light and good light at the same time, even when read in its entirety.
Furthermore you persist in generalisation when it comes to 'perception'.
It is definitely 'Common knowledge' that service standards have dropped in SIA when placed among rising competitors. The claims the locals make of SIA serving westerners better than locals are not completely unfounded. And to a certain extent, i tend to agree.
But this is surely a separate issue from measuring their profit margins, where the numbers declared show a resurgence. These figures were even admitted by SIA to be conservative, in the face of intense competition and cost-cuts throughout the industry.
Have you been confused between these two distinctions? Or has the recent SIA bashing by locals in the ST forum section skewed your views?Do not put words into my mouth. At no point had I said Forbes lack credibility. The prob I had was that you had read but one positive report while ignoring others.
Instead of making hollow claims that i 'ignored' other reports, perhaps you could lend more credibility to your suggestions by introducing some?We are in agreement here though. I dun have positive words for MBT too. When he was in Sports, he dreamt an impossible 2010 to paint a rosy picture. Nicoll highway started construction during his days, I believe. And he scrapped building 1-, 2- and 3-rooms saying tt there were nil demands, only to retract the words few yrs later. So yeah, by all means, vote him out at the next GE...
The only sickening thing is that Mah is allowed to shoulder on despite all his screw-ups. Our people chose not to vote him out of office despite the years of lip service and empty promises from this man. He left a s-h-i-tload while in sports, he stirred up another while in transport and he's overwhelming odds on to leave HDB in another mess. -
wats wrong with wee cho yaw earning so much?Originally posted by Lim Beh Ka Li Kong:It's always sexy to go govt-bashing, and claiming tt the whole S'pore was 'brainwashed'...
For one, we have one of the best public service tt the world looks to for guide. May not be the best ard, but we certainly have a credible service.
Are we able to say the same for the local banks? local manufacturing firms (if any since most are foreign MNCs)? Creative and SIA are prob two names most can name, but hey, they are faltering too...
And how sure are you tt these pple do not 'give' themselves millions at EGMs? Wee Cho Yaw earns >$20m a year... Sure, u may say he deserves them coz he made $$$$ for UOB n his other companies... But whiy is it tt u can agree with this amt when u can't think draw an equivalent to our to[ ministers?
Is $1m per year too much? Maybe...
But do they deserve it? I have no qualms abt tt...
his lau pei founded uob
wee's family owns most of uob shares
of course biggest shareholder is still governemnt
http://www.uob.com.sg/pages/investor/shareholder/majorsh.html -
WHAT IN SINGAPORE is not owned by Govt?Originally posted by menoob:wats wrong with wee cho yaw earning so much?
his lau pei founded uob
wee's family owns most of uob shares
of course biggest shareholder is still governemnt
http://www.uob.com.sg/pages/investor/shareholder/majorsh.html
M1 who is competitor to Singtel.
But M1 is owned by ST, who in turn is by govt?
Singtel own by.. god knows who .. who is in turn by govt.
SIA by Temasek
Tiger by Temasek
so is JetStar!!! -
if govt next day raise cigg price to $15, $20, who will stop them? smokers will just gather at coffee shops and mumble and swear, nothing more. i not a smoker btw, but i can see that the only form of protest is some letters to the ST.
ppl want to stage riot just throw them all in jail la, jail always got space, if not, can temporarily remand them in DB or the countless holding cells in the thousands of police stations island wide.
one thing i wonder abt police stations is they got so many 'interview' rooms and holding rooms dont know waiting for what doomsday event. i guess they rich just build one more level full of such stuff definitely wont hurt. can save $ on a 3rd prison.
also be wary of anybody who lists his occupation as civil servant. that includes ISD also. Ive heard rumours of what they do to detainees long time ago... -
Hey, when ministers buy things, they have to pay the GST too you know. How to afford the GST if their salaries don't increase?Originally posted by Kuali Baba:Raising their own salaries when they've approved the raising of GST is completely tackless.
Plus the GST is to help the poor.
Really.