3/13/2015

Bring back Koh Beng Seng


Where is Koh Beng Seng? For those who did not know him, he was a highly respected top civil servant, the Dy MD of MAS. When he was in charge, the top bankers were Singaporeans. He told the MNCs that they had to train local bankers to take over the running of the banks. He stated the terms and conditions for their right to operate their banks here. That policy, if I am not mistaken, was the brain child of Dr Goh Keng Swee.
 

What happens today happened during his absence. All his pro Singaporean policies approved by the then Govt somehow seemed to have been dumped into the thrash bin. And some silly buggers pretended not to know. Some suddenly worked up and saw the dearth of local bankers. Some pretended to be jumping high and low wanting to train locals to be top bankers. Some simply issued pink ICs to foreigners and say ‘Look, Singaporeans appointed to top jobs”.
 

Sleeping or was there a policy shift? Super talents being paid out of this world salary cannot be stupid right? They cannot fall asleep on their jobs right? They cannot be negligent and not do the due diligence right? They cannot plead ignorance as an excuse for such a serious failure in allowing the banking industry and other industries to be dominated by foreigners and wasting a whole generation of our local talents right?
 

Where is Koh Beng Seng? We need him back to right the wrongs over the last 20 years, to regain control of the banking and finance industry for our very own citizens. Or he is now unemployed or an underemployed PME waiting in line for Job Fair? Or has he been sent for training to be a waiter or security guard? Or maybe he is happily driving taxi? Just kidding. For a man of his talent he would be in demand anywhere.
 

Koh Beng Seng was one of the best in his time. I am sure he has many more good years to serve in a field he knows best, for the good of the country and people. Look at the pathetic state of affairs now without him to steer the ship, without knowing where the ship is going or sinking? The banking and finance industry is like a ship without a compass, without a captain, floating in the high seas.
 

Maybe I am just ignorant. There is a new compass, a new captain and he knows exactly where the ship is heading and what he is doing, but Sinkies did not know.

24 comments:

Anonymous said...


Any Route Will Leads U There!

A ship without a compass, without
a captain, floating in the high
seas may still be ok.

The worst is that the ship is
without a MAP and don't know
where the ship wants to go.

Then.....sorry, ANY route will
leads you there!

Cheers.

Virgo49 said...

Leads to HELL

Anonymous said...

Where is Bocker ?

Aiyah, when Bocker was around, I always complained about him. Now this new guy come, I also don't like him. The market is deader than ever. Worse than when Bocker was running the show.

Bring back Bocker. He is my hero.

Anonymous said...

They just got rid of all the madness and bonkers you want some more?

agongkia said...

Chap ayam!
Known to work long hours and a workaholic.
Look stern and unfriendly but his final action change my impression on him.
Wish him well.

Anonymous said...

All his pro Singaporean policies approved by the then Govt somehow seemed to have been dumped into the thrash bin.
RB

But even now and as during Koh Beng Seng's time, the Sinkie opposition is still not ready to be govt what.

So will the 60% date to vote PAP out despite the pro Singaporean policies approved by the then Govt somehow seemed to have been dumped into the thrash bin, u tell em lah?

agongkia said...
This comment has been removed by the author.
Matilah_Singapura said...
This comment has been removed by the author.
Matilah_Singapura said...

Be patient lah redbean, Creative Destruction at work.

It's not over yet. More chaos, more bloodletting, more total extinction...then ultimately a new world.

Going back to the "old days": A totally BAD idea. It had its time---everything has their time, then they must die, or be destroyed.

Got brutal extinction?

patriot said...

Why ask for Koh Beng Seng.

Would wish that Hon Sui Sen is around since he was said to be hell of a good Finance Minister. But, he cant rise from his place of rest.

Next that comes to mind is Richard Hu, a retired Finance Minister, should be another expert in the Field of Finance and Economy. To date, he seems unconcerned about Sin.

There is a BIG PROBLEM IN SIN in that those Ex, Retired Parliamentarians and Top Civil Servants just SWITCHED THEMSELVES OFF FROM NATION BUILDING ONCE THEY ARE NO MORE IN OFFICE. IT IS AS THOUGH THEY HAVE NOTHING MORE TO DO WITH THE COUNTRY.
OR
HAVE THEY MIGRATED?

The Only Exception is Ngiam Tong Dow who is as passionate as ever about the Wellbeings of the State and its' People.

Lee Kuan Yew is another, he has said he will rise from his grave should things go awry in Sin. But, personally, me am of the View that Sin goes awful wrong when he was calling all the Shots. So I think it is better that he does not meddle in Sin Politics anymore.

The Best Possible for Sin now is for Sinkies to remove all the Problem Makers in the Next Election.

patriot

Anonymous said...

Koh Beng Seng?
Did he say the "correct" things or not.
Study your history and Yew will know the answer.

Chua Chin Leng aka redbean said...

Koh Beng Seng is still around, healthy and with a good head. He happened to step on other people's shit. He can still contribute a lot to this country if yew give him a chance.

The sad thing about many successful Sinkies is that they think they could live on their loot and would not want to look further than the tip of their nose.

One day they would wake up and ask, what's happening? What happen to my Singapore? And that day is coming very fast, very soon.

Anonymous said...

Problem is Yew will not give him a chance.
There can only be one.
And that one is not Koh Beng Seng.
Many clever eunuchs know that.
That's why they are Millionaires.

Anonymous said...

The reason why these people switch off once they are off politics are:
1. they have better things to do
2. they have seen how demanding these lazy and ungrateful brats have become. That these people rather complain than to do things to solve their problems
3. the people don't understand everything there is a consequence and a tradeoff

Anonymous said...

The reason why these people switch off once they are off politics are:
March 13, 2015 12:13 pm

Koh Beng Seng was a civil servant.
Not a politician.

Anonymous said...

NEW LAWS MAY ALLOW HDB OFFICERS TO ENTER YOUR FLAT WITHOUT YOUR PERMISSION

http://therealsingapore.com/content/new-laws-may-allow-hdb-officers-enter-your-flat-without-your-permission

Do you still think you "own" your HDB flat?
If yes, then how come HDB officer can suka, suka enter "your" flat?

Virgo 49 said...

Right, Hon Sui Sen, the MOF with a stern look. Meant serious business.

In the 60s at Fullerton Building with cane, wooden chairs for civil servants.

Never smiling with a perpetual frown in creaky rickety lift to his office.

One of the capable pioneer ministers.

Anonymous said...

What you want RB? You want the best bankers to run your Singapore Banks? If you want that you MUST have FTs from India. The are the best !!!!!!

No true blues Sinkies can match the FTs bankers from Ah Neh land.

Anonymous said...

The sad thing about many successful Sinkies is that they think they could live on their loot and would not want to look further than the tip of their nose.
March 13, 2015 10:42 am

Will Kog Beng Seng join Singaporean First Party?
- the preferred party of ex-civil servants who still have balls

What about Ngiam Tong Dow?
Why so quiet recently?

b said...

One cannot be too smart to be around the old man. Only not smart people can be around him. He is very jealous/scare/insecure of people more smart than him. When mammals feel insecure, they will attack.

QE is not free money. All those countries involved in QE - US, UK, Japan and now EU will join hands and launch a ww3 to get rid of the debts they now acquired from the QE.

Anonymous said...

" Behold the tsunami of liquidity from China"
http://humblestudentofthemarkets.blogspot.sg/2015/03/behold-tsunami-of-liquidity-from-china.html

There is a flood of money fleeing China in anticipation of a Chinese RMB devaluation.
This article talks about the escalation of property prices in Vancouver.
Will Chinese money also come to Singapore?
Should we hold on to our HDB flats and pray?

Anonymous said...

No worry lah. The Chinese have accumulated so many trillions of US$. They are going to buy up the real estates in good countries.

Not like some silly cuntry throwing good money into useless third world countries and see them disappear into bottomless black holes.

Anonymous said...

It was Kong Beng Seng or Pinkie then.....of course out with KBS. Blood is thicker than country....LEEEEEEE

Anonymous said...

After so many years still a sampan.