11 Jan '11, 8pm

SPH quietly buried Rednano.sg « Events « Snippets

Ya-Hoo! Let’s all bury ST itself too, and all MSM, by BOYCOTTING these useless ‘news’ channels. This is typical of PAP govt. They joint-venture with clueless overseas corporations and make the partner come out with the capital and overheads. Then, after a few years of operation, they will say, oh, this joint venture not making money, so we will take over and merge into our own business. They get the infrastructure and the customer base almost for free. They have done this many times with many joint ventures, one example being Virgin Mobile. This will also enable them to write off these so-called ‘losses’. They also did this with Suzhou. The ones who really lost out in Suzhou were the MNCs who joint-ventured with our govt. We, meaning Temasek Holdings or GIC, didn’t really lose money. So where did all that Suzhou ‘lost’ money go to, I wonder….? And remember that a rival bus...

Full article: http://www.temasekreview.com/2011/01/12/sph-quietly-burie...

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