The Real Deal with the PWP.

The PWP set me thinking again, now that SME, individuals are dying out, because all businesses geared towards multi-nationals and big companies.  Its no wonder they hastily pass motion on the white paper.

When everything is corporatised and privatised, what is there left for individuals and small businesses?  Big business would do business with big business, not some SME or sole proprietor!  Big business would opt for the cheapest labour, not some graduate with a string of degrees. Who Cares?

Why big businesses in Singapore?  Because we have similar big corporations here to gain from doing business with MNCs, NTUC Comfort Delgro, Certic Cisco, DBS, NTUC insurance, NTUC Fairprice, CapitalLand, Fraser & Neave Properties, Temasek Investments, Keppel Corp, SMRT ..... too many to list, my brain cells are dying.  Just by looking at the mammoth names, do you think a meagre population of 3m Singaporeans is enough for them to make profit? So many companies to feed???

Some speculate the influx is vote buying, yes by a logical sense it is, but it takes time for new immigrants to takeup citizenship, and PR cannot vote.  So I find that argument still abit weak, but with justification still.  Looking at the big picture, I realised, its a matter of survivality of these mammoth privatised national industries of Singapore that is at stake.  Going by the size of these companies listed, leeching on a meagre population of 3m, they would make loses, they have to branch out overseas to keep their bulky size and keep their Balance Sheet in positive territory, otherwise their reserves would deplete just by maintaining their excessive assets and manpower.

So the question is, how can the govt make a business decision for privatised corporations at the expense of citizens!!!!