Monday, May 16, 2005

If We Decide to Go Ahead

Everytime a minister utter those dreaded words, I fear its more bad news on the doorstep.

For the past one year, during the 'Great Casino Debate", every minister who spoke on the subject used these dreaded words, promising to take care of the people who become addicted to gambling etc. etc. And then they went ahead to announce the decision to build 2 casinos.

Today I heard those dreaded words again. The transport minister promised in parliament that if the transport companies are permitted to raise their bus and mrt fares, the government will make sure that the poor will get help etc. etc.

Looks like its another foregone decision. Afterall the transport companies put up a convincing argument. They have not increased fares for ages - the last fare hike was in practically in the last century, in year 2002. Costs of everything has gone up; and one of them only made a profit of $34 million last year.

I wish I could do that in my business; increase prices because costs have gone up.

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