More hard earned SIA money into a bottomless dark pit

Tata Group is Air India’s biggest shareholder with 74.9 per cent, while SIA holds the remaining 25.1 per cent stake, after the Indian flag carrier merged with the SIA co-owned Vistara in 2024.

As part of the deal, the Singapore carrier initially pumped in some S$360 million in cash into Air India, in addition to offering up its Vistara equity. It also committed up to another S$880 million, likely needed for fleet and capacity upgrades in the following years.

But that figure looks to balloon as the Indian carrier faces existential issues....

AIR INDIA’S PROBLEMS KEEP PILING UP....

So what now for SIA? If it chooses to bail out Air India, shareholders might need some convincing. Detractors are concerned SIA will throw good money after bad....

Also, SIA will need to be upfront about what this potentially huge capital injection means for its own financial resilience, especially given the Iran war's impact on fuel and demand.  CNA

India is always the same story, a shithole that is waiting to be filled by OPM from silly countries, but in the long, long run, maybe 50 years, 100 years, when all those who made decisions to dump good money into the dark pit would be gone, and the fictitious pot of gold at the end of the rainbow is forever there, waiting, more like fools gold. You cannot be cheated if you do not covet other people's things or being greedy for easy profits.

If Goh Keng Swee or LKY were still in charge, some people's neck would be chopped long ago. Never take unnecessary risks with the people's money, never gamble with the people's hard earned money. Things may have changed, now we have a lot of OPM to lose. What is a few billion?

The frightening stories coming out of India is common knowledge. Apple has been slammed with a US$38 billion fine for violating India's funny laws. US$38 billion, NOT million. Many foreign corporations have been forced to liquidate at fire sale prices to allow Indian companies to take over what they had invested for a song. Only the very dense would not shiver with such news and would continue to throw good money into a bottomless pit.

Those countries that have not been cheated, robbed, are mostly hiding their losses and their stupidity for deciding to invest in India. China had been cheated many times and has made it a state policy, no more investing Chinese money in India. Samsung, American and European corporations, Taiwan and Hong Kong investments all suffered the same fate. 

Let's pray hard that SIA or Singapore corporations will not be robbed and stripped off their pants by India. The SIA shareholders must take a strong stand and not be deluded by long, long term prospect. They will not be around to see it. How many silly companies are stuck in serious losses and unable to cut loss, or pretending that no such thing is happening to them?

When accountability is pushed to 100 years in the future, who cares? Just keep spinning the good news, the pot of gold at the end of the rainbow.

Singapore may want to invest in India's railway system, rebuild the medieval railway system with modern high speed trains, like trying to rebuild every Indian slum city. Big money man. A contract like this will keep Singapore very busy for decades or even centuries. Caveat, Singapore investment will be in Singapore dollar, India will repay with rupees, trillions and trillions of them, that is, if they will repay and not rob them outright by some ludicrous India laws.

Iran must not fall to Trump's lie...Trump did not TACO

WASHINGTON: United States President Donald Trump on Tuesday (Apr 21) said he was extending a ceasefire with Iran indefinitely at Pakistan's request to give more time for negotiations, but would maintain a US naval blockade of the country's ports.

Trump posted on social media that he would "extend the Ceasefire" until Iran came up with a "unified proposal" to end the conflict. However, he "directed our Military to continue the Blockade"....

It was the latest instance of Trump backing down from his repeated threats to bomb power plants and other civilian infrastructure in Iran. United Nations Secretary General António Guterres and others have said international humanitarian law forbids such attacks.  CNA

This is another lie. The American and Israeli terrorists did not respect any ceasefire and will attack anytime they choose. Also, the ceasefire is only meant for the Iranians not to fire at American warships attacking Iranian and foreign ships transiting the Hormuz. A ceasefire is just a delay tactic, a lie. The main mission is to destroy Iran and kill Iranians. 

More and more weapons and troops are being sent to the region for D Day to wipe out the Iranians and the Arabs and Muslims as collateral damages. Wiping out the Arabs and Muslims is the main objective of the American and Israeli terrorists. Do not forget this evil goal of the Americans and Israelis. Stop believing and trusting the American and Israeli terrorists.

This is an existential genocide against the Arabs and Muslims, with Iranians as top priority.

The alternative system will cripple the American dollar and military hegemony

Most smaller countries have no choice under USA's veiled threat. When the USA says, you are either with us or against us, what choice do small countries have?

But the obvious choice is getting murkier over time and getting away from the threat looks clearer with BRICS providing the alternative. Under Russia and China's protective umbrella in BRICS, both militarily and economically, unfolding events are undoubtedly changing the game. Russia is militarily about on par with the USA in terms of nuke capability. China underwrites the economic facade of BRICS, with the Chinese Yuan playing its part and providing the stability. BRICS is not formed for harvesting immediate results. It is for a longer-term objective of weaning countries away from using the US$. Rome was not built in a day, but the Roman Empire rose and flourish over time.

Decades ago, most countries faced the cardinal truth that the USA was their most important market for their exports. They provided the blood and sweat to produce the real goods in exchange for toilet paper printed out of thin air.

The strong USA military is the result of the US$ hegemony which must continue to function to provide the USA the ability to maintain such a widespread force globally. The US$ hegemony's continued existence is needed to maintain the USA military, while the USA military exists to protect the US$ hegemony. If the US$ hegemony fails, everything goes down like a house of cards, just like the British without the privilege of unlimited money printing powers then. Any weakening of the US$ hegemony, not necessarily its collapse, will render the USA military being heavily compromised.


Anonymous

Several old myths have been torn to pieces by the Iran War

Several old myths have been torn to pieces over the Iran War. A few are worth repeating.

First myth is that expensive weapons will always win no matter what happens has now been torn to pieces by Iran, a precedent that China will undoubtedly take good note. Iran has proven that cheap drones and missiles can also do a good job against top end weaponry. One interceptor cost five times or more to take down one cheap Iranian drone. And it is honestly highly optimistic to suggest that only one interceptor will be fired to take down one incoming drone. For the same price, Iran can fire five or more drones, which will in turn specify that the USA needs to fire five interceptors to take them down. Calculate the math.

Second myth is that aircraft carriers will always be used to project power has been proven and obsolete idea by Iran using cheap hypersonic missiles and drones, so much so that aircraft carriers have now turned into sitting ducks, having to stay far offshore carrying fighter jets that are now unable to take advantage of close to shore take off and return. In other words, the projection of power advantage delegated to aircraft carriers is no longer achievable and could be lost for good. More so, when the reach of hypersonic drones and missiles keep increasing. The USA was reported to have predicted that Iranian hypersonic missiles were not capable of going for targets more than two thousand kilometers away. The shock came when Iran showed its threat by firing two missiles at Diego Garcia, four thousand kilometers away. So much for the much-touted USA intelligence.

The third myth being broken to pieces is that blockading the Straits of Hormuz is going to strangle China over Persian Gulf oil. Iranian oil can still enter China by rail, still paid in Yuan, while Russia has assured China of taking up the slack. Meanwhile China is going all out by leveraging on renewable energy and building Thorium nuclear plants to provide unlimited nuclear energy on top of hydropower, wind and solar energy. Oil imports will slowly not figure most prominently in China's manufacturing sector in time to come. So, what will become of those choke points that can no longer be instrumental in choking China? Who else is the USA going to choke.

Many countries are also migrating to renewable energy in the face of the Middle East turmoil. For example, Pakistan has already been following the Chinese by harvesting hydropower with huge dams and solar farms. More countries will realize that depending on oil alone is disastrous as global oil reserves are limited and turning to renewables is the answer for the future.

Now, here again one country is going to laugh all the way to the bank. Chinese wind turbines, solar panels, EVs and even Thorium nuclear power plants for export are planned, all of which China is already dominating globally and will be sought after in years to come. Which other country has the capacity to supply all the equipment demanded at scale?

All the showboating about the USA having so much oil is perhaps just a short-term feel-good moment, when the rest of the world start migrating to renewables, while Trump keeps demonizing wind turbines for killing birds and Chinese solar panels spying on citizens and all the hubris. Oh, maybe Trump will threaten them with high tariffs if they turn to clean energy, lol.

USA still needs to import 30 to 35% of its oil needs. The USA cannot use all the oil that it produces as its own refineries are not built to process those lighter crude. The lighter crude may be sold to refineries outside USA that are able to process them elsewhere. So, what affects most countries around the world, also does affect the USA as well if the Strait of Hormuz remain closed. The fact that USA pump prices are now reaching for unscalable heights shows the reality of what I am saying. So much oil and yet cannot keep pump prices down does prove a thing or two.


Anonymous

Operation Kill Iranians - 3 aircraft carrier strike groups and more than 70,000 troops

Do take lunatic Trump seriously when he said he is going to wipe out the Iranians. This is not a joke. Lunatic Trump meant what he said. He will continue to sack the American generals and admirals if they refused to do his bidding, to kill Iranians and risking the lives of American boys and girls. Surely after all the sackings there will be one or two wimps with stars on their shoulders to say aye to Trump. Then the massacre will begin, the Iranians will die, a lot of them. The American boys and girls will also die, a lot of them. Why? For what, for who?

For the moment, lunatic Trump has been checked. He asked for the nuclear codes. If a nuclear threat is just for negotiation, there is no need to ask for the codes. The codes will give him access and the ability to press the nuclear button. To this lunatic, what is nuking Iran and killing a few Iranians? Gen Dan Caine, Chairman of Joint Chief of General Staff blocked Trump from access to the nuclear codes. How long will he stay on the job and his replacement would definitely be picked by Trump and do his bidding. This is a very dangerous situation facing Iran and the world. If this mad man can nuke Iran, he can nuke anyone. Period.

Operation Kill Iranians is temporarily on hold and will continue once the Trump has his forces in place. The extension of the ceasefire is not for anything good, but giving the American terrorists more time to deploy all the weapons and attack forces. Many aircraft, including the out of action F18s have not been flown to UAE to within striking distance of Iran. The F18s have been out of action as the aircraft carriers had been forced to flee to a safe distance from Iran. Now they can only fly from land bases near Iran. And the ceasefire is exactly for this purpose.

Iran must deploy and target the UAE bases with hypersonic missiles and fingers on the button the moment ceasefire expires. Better to be on the button now as the treacherous and cheating Americans will likely to strike before the ceasefire ends, the moment they are ready to hit Iran. They had done this twice during a ceasefire negotiation.

The next phase of attack against Iran is going to be harder. Hopefully Iran also make use of this ceasefire to restock with more hypersonic missiles to wipe out everything the American terrorists have laid before them. 70,000 American boys and girls will present enough targets for the Iranians, and the aircraft in nearby airbases. Would the American terrorists dare to sail their warships near to the Persian Gulf for target practice by the Iranians?

When the lunatic Trump only cares about winning, he will sacrifice all the boys and girls he can get. Body bag manufacturers should ramp up their production of these plastic bags.