Wah sinkees so poor that they rather die than seek hospital care and be in debt all their lives.
How come healthcare group can retrench? They pay peanuts for FT nurses what.
MALU lah!
Singapore hospital and healthcare operator Parkway Holdings said on Monday it will cut salaries and lay off up to 4 percent of its staff in a bid to rein in costs.
"The group is not immune to the current global economic challenges," the firm said in a statement.
Parkway, part-owned by Malaysian sovereign wealth fund Khazanah Nasional Bhd, said its directors would not receive any fees for 2008 while senior managers' salaries would be cut by 15-35 percent.
For middle management, the reductions would be between 5 and 10 percent, it said. Parkway did not say how many people would be affected by the job cuts.
