Whatever happen, at the end of the day, still go into govt
pockets, just the matter of right or left pocket. All these are GLC
competing among each other to create productivity, their top
managements are all related one way or the other. And when they
wanted to go global, they will joint venture with some global
companies, like Comfort, join hand with Delgro to go global or at
least can do business out of singapore.
dun you find it ironic?
SBS is not even supposed to be a GLC. MM Lee back then as like
SIA, you can't survive on your own, off you go.
Also even w/ things like iris, their yield is much better than
SMRT Buses. Barring EOS, it's all to do w/ efficiency.
Competition sometimes isn't ideal and beneficial.
