Thursday, August 24, 2006
Ramblings
Profit/Loss Versus Bus/MRT Fares
Let's play a little game. Let's say SBS Transit invested money in publishing commuter newspaper, and lost a lot of money. Or maybe SMRT Corp invested money in setting up an advertising agency, and lost a lot of money. Let's say the loss is so significant that the entire company combined is now not making any profits. Can SBS Transit or SMRT Corp justify raising bus and MRT fares because they've lost money on publishing and advertising?
I hope it's obvious that the answer is a resounding No.
Now let's reverse the game. Does the fact that SBS Transit and SMRT Corp are making profit justifies not raising bus and MRT fares?
News
Anti-IMF Protestors To Shun Singapore For Indonesia
Over 2,000 activists who plan protests at the IMF and World Bank conference in Singapore next month said they will hold their rallies on a nearby Indonesian island because of Singapore's ban on demonstrations.
Singapore Casino Plans Could Spark Casino Boom Across Asia
"Other countries will say: 'If it's good enough for wholesome Singapore, it's good enough for us.'"
Time Not Ripe For Dual Citizenship
Rules Eased As Part Of Efforts To Woo Immigrants
Rules will be streamlined to make it easier for suitable foreigners to stay and work here. There will be a new category of 'personalised employment passes' tied to person rather than the employer.
We Are Public Servants — And We Blog Too
Government workers band together to form Gahmen Bloggers, but Official Secrets Act prevents them from disclosing office happenings.
Opinion
V For Vendetta DVD Banned In Singapore?
A check with Media Development Authority's Film Classification Database only lists the film ratings for the theatre version.
The Lavish Biopolis Of Singapore
It is clear that Singapore is becoming the choice retirement venu for pedigreed and perhaps now less productive bioscientists.
The Strategic Uses Of "The Population Problem"
The rhetoric of blamelessness is once again at work.
Immigration, Public Opinion And Seizable Offences
We will be prepared to teach Hindi, Russian and Turkish, but we will not teach our young people to see fellow Singaporeans who happent o be lesbian or gay in a better light.