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> Vivian Balakrishnan remarks that Malaysia-, -Singapore water deal is "morally wrong"

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agent sawyer
post Mar 3 2019, 02:48 AM

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He's right in a sense.

Depriving people of water is morally wrong

On the other hand, I can understand that people look at Singapore's prosperity and think that it's time they pay more for water

In fact I would say that a rate hike is a must, to account for inflation

QUOTE(Faidzal @ Mar 3 2019, 01:45 AM)
(in case ppl think johor ppl drink Singapore's newater, do understand and realise that all of the water Singapore sold to johor came from johor and never ever left johor)
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Most people don't even know Newater is not drank except in times of emergency such as war, normally it's used for lesser industrial purposes

and invented by ex-Malaysian Chinese whistling.gif

QUOTE(Artus @ Mar 3 2019, 02:44 AM)
A lot of the raw water of Johor already diverted to Singapore in the first place so how to produce enough treated water? This agreement, just like the building of the Causeway, was another trick by the British. On the surface, it looked as if both the building of the Causeway and the water agreement would benefit Malaysia but in fact we kena conned left, right and center.
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We can moan endlessly that we kena con

Or we can learn not to kena con

Guess which Msians have been doing for literal centuries rolleyes.gif

But going back to 1962 - well at the time we were so happy that we booted out all the undesirables to a little island, for a long time there was much rejoicing that we had kicked them out

But as we basked in our hubris and lenggang lenggok, people were working hard. Now we dengki and we say we kena con, they steal our land, bla bla

In my life I've watched the island's fortunes grow, from 2.2 to 2.3 to 3.0... in the meantime we are still stuck where we are

How much longer are we going to bitch and moan? When will we get down to business?

This post has been edited by agent sawyer: Mar 3 2019, 02:54 AM
agent sawyer
post Mar 3 2019, 02:55 AM

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QUOTE(Artus @ Mar 3 2019, 02:52 AM)
Hyflux is in deep financial trouble.
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I know
1 of these days I'll go down and find my Hyflux contact, ask him what the hell happened

Singkies also get complacent, not just us. But their previous hard work gives them the safety net to rebound. Whereas we are constantly toeing the line...
agent sawyer
post Mar 3 2019, 03:05 AM

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QUOTE(Artus @ Mar 3 2019, 03:02 AM)
Maybe Singapore thought that by using desalination they can eventually be free from the need to import water from Johor. In a way that's possible, but I think that is a huge blunder on their part. Because they would have to depend more on energy imports instead to power their desalination plants.
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I would not be surprised if SG is the first ASEAN state to become nuclear capable.

It's the inevitable future.
agent sawyer
post Mar 3 2019, 03:23 AM

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QUOTE(Artus @ Mar 3 2019, 03:13 AM)
Talking about 2.2 to 2.3 to 3.0 means you don't understand Singapore's monetary policy lah. They use exchange rate policy, not interest-rate monetary policy like the rest of the world.

Why Singapore’s Central Bank Has No Key Rate
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The means is simply the means, but we are talking about the end result

MAS's objective has always been to push the rate down

If they let it run free, it'll probably be higher than it is today - what does that say about the attractiveness of their economy vs ours?

QUOTE(Artus @ Mar 3 2019, 03:15 AM)
Haha. That would be a big joke. A single accident would wipe out the city state.
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On a smaller scale perhaps, pushed out to one of the islands around Jurong. An accident isn't strictly de rigeur when it comes to nuclear power you know.

It'll come sooner or later. Possibly in our lifetime, perhaps not.

This post has been edited by agent sawyer: Mar 3 2019, 03:24 AM
agent sawyer
post Mar 3 2019, 03:43 AM

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QUOTE(Artus @ Mar 3 2019, 03:38 AM)
They are well known to be a attraction for corporate tax avoidance activities. Profits from neighbouring countries which should be rightly be taxed locally are siphoned off to be taxed very lowly by them instead.
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Our corporate tax is just as low and we can get "dirty things done dirt cheap" better than them

So why does Singapore attract FDI and not us? Hmm... maybe because this is not the sole or even major factor in their success...

This post has been edited by agent sawyer: Mar 3 2019, 03:44 AM
agent sawyer
post Mar 3 2019, 04:09 AM

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QUOTE(Artus @ Mar 3 2019, 03:48 AM)
Haha. You are indeed quite ignorant about them. On the surface it looks like their corporate tax rates are not much lower than us. But multinational companies get special deals with them if offshore profits are transferred to Singapore instead. How low? Less than 1% also possible.
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Well we can give Lynas practically 0% deal, who wins biggrin.gif
agent sawyer
post Mar 3 2019, 07:49 PM

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QUOTE(Artus @ Mar 3 2019, 04:21 AM)
You can even equate an investment incentive of a genuine investor with transfer pricing activity? Why are you trying so hard to protect Singapore's morally wrong behaviour of helping others to avoid paying taxes in the countries that generated the profits?
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Msia do it = investment incentive

Singkie do it = morally wrong behaviour to avoid paying taxes

rolleyes.gif

Pulling "morally wrong" card against Lynas is especially... erm....

QUOTE(AllnGap @ Mar 3 2019, 07:26 AM)
They are not so stupid. Rather bribe Indonesia to have it on Batam island or further and drag power lines to supply Singapore.

Nobody so stupid to place a ticking time bomb in a such small land mass country
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Nuke =/= explosion

QUOTE(deodorant @ Mar 3 2019, 08:40 AM)
The official explanation apparently is that hyflux betted big on energy generation in their latest tuaspring plant, but then energy prices tanked so nobody wanted to buy it over and so they just bled money until coffers were dry.
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I have no idea

I really should be more aware of these things... but just so much to handle

QUOTE(KopiChia @ Mar 3 2019, 03:50 PM)
Ever heard of Vivian Hsu? Go Google her.
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>expects Chinese to spell or use English names right

Son...

QUOTE(wanted111who @ Mar 3 2019, 04:06 PM)

We don't know how to treat water? We don't have land to build water treatment plant? We don't have money? Don't have technology?

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Tongkat lebih penting

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