26-11-2023, 06:53 PM
Quote:Singtel management are Singaporeans who hide whenever there is any hint of troubleTrue or False ?
https://gutzy.asia/2023/11/25/singtels-c...-for-sale/
https://gutzy.asia/2023/11/25/singtels-c...-for-sale/
26-11-2023, 07:08 PM
Aussie culture to go home at 4pm is the problem
26-11-2023, 07:13 PM
26-11-2023, 07:14 PM
(26-11-2023, 06:53 PM)way Wrote: [ -> ]True or False ?
https://gutzy.asia/2023/11/25/singtels-c...-for-sale/
The pap way lor
26-11-2023, 07:14 PM
Singtel’s Optus deal in 2001 attracted much concern. Critics feared an authoritarian foreign regime was buying a strategic Australian communication asset that had defence contracts. Seven Network owner Kerry Stokes said then that if Canberra’s Foreign Investment Review Board allowed the deal, it would demonstrate a “naive approach to national security.” Australia’s communications minister of the day, Richard Alston, was disquieted about the role the Singaporean government might play in managing Optus. Ross Babbage, a former defence secretary and now an international security consultant, articulated the view of many in Australian defence circles concerned about Singapore’s “congenital” inclination to secretly collect and pass on information.
But Coalition treasurer Peter Costello’s FIRB jogged on. Costello had turned down Royal Dutch Shell’s bid for Woodside on national interest grounds months earlier, and some within the Howard government were worried another FIRB refusal might affect Australia’s reputation as being open for foreign investment. It also helped Canberra thinking that Optus’s vendor was already foreign, the British company Cable & Wireless. (Melbourne Liberal Party stalwart Charles Goode, then the chairman of ANZ Bank, was also Woodside chairman at the time and had been on Temasek’s Singapore Airlines board for two years, a power network that suggests it’s not only the Singapore corporate elite that get cosy.)
Singapore got its Australian asset, and two decades later Singtel controls an Asia-Pacific regional communications network that includes an Australian military satellite.
Australian commentators noted in 2001 that this was Singapore Inc.’s first major deal in a robust Western democracy and that Singapore might learn from Australia’s corporate culture, with its mandated transparency reporting procedures, its open media and its shareholder activism. All that might lead tightly wound Singapore into loosening up, they hoped.
On the evidence of its initial instinct to turn inward during the data leak drama, holding back information and trying to shift blame, the opposite appears to have happened. Quickly lawyering up in Singapore, Singtel implored its shareholders to ignore media commentary on the Optus scandal as “speculative,” insisting a class action would be “vigorously defended” even as it was announcing an “independent” review to determine what actually happened.
Also revealingly, Singapore’s state-controlled press has tended to publish straight international wire reports on the scandal instead of reports from its own reporters and commentators — as Singapore’s editors tend to do when they’re unsure about where their government masters will land.
So much of Singapore Inc. is about control. We won’t know for some time how the Optus leak will be resolved, but Singapore’s elite will be discomfited that it has a huge asset it can’t fully control. And that it has shone an unwelcome spotlight on Singapore Inc. that might, just might, throw more light on how it operates. •
But Coalition treasurer Peter Costello’s FIRB jogged on. Costello had turned down Royal Dutch Shell’s bid for Woodside on national interest grounds months earlier, and some within the Howard government were worried another FIRB refusal might affect Australia’s reputation as being open for foreign investment. It also helped Canberra thinking that Optus’s vendor was already foreign, the British company Cable & Wireless. (Melbourne Liberal Party stalwart Charles Goode, then the chairman of ANZ Bank, was also Woodside chairman at the time and had been on Temasek’s Singapore Airlines board for two years, a power network that suggests it’s not only the Singapore corporate elite that get cosy.)
Singapore got its Australian asset, and two decades later Singtel controls an Asia-Pacific regional communications network that includes an Australian military satellite.
Australian commentators noted in 2001 that this was Singapore Inc.’s first major deal in a robust Western democracy and that Singapore might learn from Australia’s corporate culture, with its mandated transparency reporting procedures, its open media and its shareholder activism. All that might lead tightly wound Singapore into loosening up, they hoped.
On the evidence of its initial instinct to turn inward during the data leak drama, holding back information and trying to shift blame, the opposite appears to have happened. Quickly lawyering up in Singapore, Singtel implored its shareholders to ignore media commentary on the Optus scandal as “speculative,” insisting a class action would be “vigorously defended” even as it was announcing an “independent” review to determine what actually happened.
Also revealingly, Singapore’s state-controlled press has tended to publish straight international wire reports on the scandal instead of reports from its own reporters and commentators — as Singapore’s editors tend to do when they’re unsure about where their government masters will land.
So much of Singapore Inc. is about control. We won’t know for some time how the Optus leak will be resolved, but Singapore’s elite will be discomfited that it has a huge asset it can’t fully control. And that it has shone an unwelcome spotlight on Singapore Inc. that might, just might, throw more light on how it operates. •
(26-11-2023, 07:13 PM)Obamao Wrote: [ -> ]https://insidestory.org.au/singapore-swivel/
26-11-2023, 07:58 PM
(26-11-2023, 07:08 PM)TopSage Wrote: [ -> ]Aussie culture to go home at 4pm is the problem
Singapore: musical chairs champion
26-11-2023, 08:14 PM
.
10 mio customers is too much for Optus becoz their parent, SingTel only handles 5.7 mio customers.
No comparison
10 mio customers is too much for Optus becoz their parent, SingTel only handles 5.7 mio customers.
No comparison
26-11-2023, 09:14 PM
Request Singtel hire Scythian as CEO.
Hope he won't flop
Hope he won't flop
26-11-2023, 11:24 PM
Optus stop work at 4 pm. Singtel stop work at 7 pm
Optus talk more than work. Singtel work more than talk.
Wrong match
Optus talk more than work. Singtel work more than talk.
Wrong match
27-11-2023, 12:43 AM
Parent SingTel quarreling with their only child.
Singapore very quarrelsome
Singapore very quarrelsome