What abt cost over-runs?

‘fully funded” — until banks pull back credit lines?

if lvs is traded in sgx can buy their shares surely very safe.

but tax payer money will be used.

we are not mp. we cannot change any law.

just hope real good mp from any party can help us.

The students are all puzzled initially and in the experiment that follows both dogs died when the bones are removed.

The teacher then said ” see, I told you the two bones are still ok”

Donald Trump’s casino group, and another group had filed for bankruptcy protection already.

Macao expension also on hold, Chinese from china also restricted. Casino in Aust also experiencing bad times.

What makes Singapore IR so special. A load of Bull !!!!

LKY had staked his reputation on the IRs (remember,he was supposed to be the one objecting to it). Now,he is riding the tiger on its back (like in the Citigroup saga). If Singapore has to fund the casinos,so be it, considering that the westerners are already taking over their banks.

We have been a trading port since British colony days; nothing wrong with that, and nothing to do with PAP.

So why do the our MPs have to draw astromical salaries, why our MM says our fortunes are tied to the world?

How the hell did we manage to get ourselves in this predicament in the first place?!

As Sze Hian said in an earlier article on TOC:

“… the funding of the other IR is a record for Genting and one of the largest syndicated credit deals in Singapore’s banking history (”Genting secures $4.2b loans for S’pore casino“, Straits Times Feb 11).

Was this issue ever discussed or made known to the public, during the “casino” debate, on the merits of the IRs?”

Certainly agreed with the above point. Sand is fully funded by local banks that would mean not only local banks will suffer if things go wrong, even local contractors, suppliers and workers will suffer losses.

Many of you (critics) who comment here do not even have a basic understanding of Singapore’s economy.

We are an export reliant country. This is a double edged sword as our economy is not hedged against recession (duh).

The policies of the government is to diversify Singapore’s GDP into lucrative pharmaceutical sectors as well as niche engineering such as oil rig control systems and construction.

However, despite constant efforts, diversification is not easy as we have very limited physical and human resources. The IR is a smart and calculated choice due to low intensity of rivalry in the region (I can’t be bothered to explain if you dunno why).

In the world of business, the end justifies the means. The IR is a right decision. I do not care how its done.

DON’T be surprised if S’poreans will be kept in the dark.

Under normal circumstances, I would go to Macau, unless the SG govt gives me some sweeteners, e.g. relax terms & conditions of my bond, subsidised financing for the project, allow higher portion of IR revenue to come from the casino, lower betting tax etc etc.

Do be surprised if S’poreans will be kept in the dark.

“Has any of these blogger formed a new alternative party?”

Patience my friend. Alternative parties are already there and they are doing their work already lah. Bloggers are doing some other kind of work lah.

Before going to war, you need all the time wasting rituals of war dance first to prop up morale and confidence. Different groups of people shall concentrate on different rituals lah.

“what is the reality? to help show more freedom of expression?”

You are damn right. To make noise and get heard lah.

$1.99 really sounds like a CHEAP SALES.