27-01-2023, 10:35 AM
(27-01-2023, 09:55 AM)Huliwang Wrote: I think the blotch up here was we took all the 13 contracts cutting out all US companies. So, those US companies were not satisfied and looking for blood as though they were squeaky clean and dun bribe. Keppel should leave some scraps for other countries to seal their mouths.
You may or may not be right
Simple reason is that Singapore cannot compete with US companies on same terms and conditions.
Why?
1 Brazil , a 3rd world country special US treatments
2.US export credit preferential treatment
3.Lower interest rates and cheap financing
4.possible corporate tax concession
5.Only subjected to country Limits.
Note
Sumsang heavy industry, China Oil corporation and China National Oil & Gas + 2 others