Senoko Power sold
Senoko Power is sold to a Japanese consortium. 2 out of 3 power stations have been sold. One more to go. Will we also see the water treatment plants be sold? If that be the case, electricity and water bills will be generated by private companies. And when they raise prices, it will be a commercial decision. These are private organisations are there to provide a service and to make money for their shareholders, just like SMRT and Singapore Bus and privatised hospitals and HDB. One thing that the people can expect is better quality of service and higher efficiency. Good for the people, good for the economy.