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I dun know why he is so dissapointed. DBS is owned by Singapore govt. They can easily order the bank not to retrench, mah. He dun know DBS is owned by the govt?
I dun know why he is so dissapointed. DBS is owned by Singapore govt. They can easily order the bank not to retrench, mah. He dun know DBS is owned by the govt?
Actually, so many companies in Singapore are GLCs or have the Govt. as a major shareholder, or stat boards. Its very simple for the PAP to order a cessation to all retrenchements. But they would not do it. Than you look at LHL, he has 6 ministers to assist him. SM, MM, 2 X DPM, and 2 Ministers in the PMO. Why dun the PAP retrench some of them? when the economy is this slow, not much work for them to do anyway.