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24-06-2018, 10:34 PM
^^ I think Yeokiwi’s rhetorical question on the case of Sengkang Kopitiam Square is in a nutshell the problem of capitalism since the industrial revolution.
It is not something new that policy making is not just about market forces. And when entities that are strategic is in question, moral hazard comes in. Reality is policy makers have to make a judgement call when to interfere, and made complicated by various vested interest. It’s not a simple binary decision.
So main question is whether TuasSpring is strategic and if so if this asset can be extracted out so that the strategic interest can be ringfenced. That’s also the approach of our transport system. Operator model?
It is not something new that policy making is not just about market forces. And when entities that are strategic is in question, moral hazard comes in. Reality is policy makers have to make a judgement call when to interfere, and made complicated by various vested interest. It’s not a simple binary decision.
So main question is whether TuasSpring is strategic and if so if this asset can be extracted out so that the strategic interest can be ringfenced. That’s also the approach of our transport system. Operator model?
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)