Discussion Forum - Archives

8 Apr 2012, 9.57PM

5 comments & replies |by Guest | Other Hot Issues

It is shocking to hear after last year's ScreenSingapore debacle that MDA continues to burn taxpayer's money. The most recent case involves RGM Media, an Australia listed firm. MDA is trying to retrieve S$27.5 million but with RGM's stock in the toilet (0.1 to 0.2 cents before it was halted from trading for violating rules) I doubt if MDA will even get a cent back.

(The details are here: http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_785495.html)

I hear that MDA has partnerships and similar agreements with more foreign companies, but what have we seen of them so far? While Singaporean filmmakers continue to struggle MDA continues to throw money at these foreign companies.. for what?

Look at Taiwan, Korea and HK which have home-grown quality films. What purpose do these companies serve other than to take money and probably blow it on *****tail parties? MDA should fund more local films and productions, though definitely please don't give it to Mediacorpse which is just going down the toilet. Imagine the number of films that the money lost to RGM could make.

MDA should stop looking for a shortcut to try to develop the media scene by going through foreign agents. Start by doing it right at our doorstep. Also demand an accounting of all the funds that have been distributed to these foreign companies, else taxpayer's money is again just stuffed into the pockets of incompetent people.

A concerned taxpayer

759 views | 5 comments & replies |

Sort By :

Guest

8 Apr 2012, 10.46PM

Thanks for bringing that up, fellow compatriot.

(Guru)

KM-W

10 Apr 2012, 12.06PM

As long as the "Foreign Is Good" mindset is there, MDA will not be alone...there are lots more out there in the same position....not unless our local teams are full supported, then perhaps they can start looking out the other way...amazingly, that's not happening...cos' we were normally being told that we are not talented enough, not good enough, not competitive enough........but one can't help but wonder, were we given the opportunity and platform to perform???

Guest

10 Apr 2012, 12.57PM

Search Consultants will tell you that Assies, among the rest of the caucasians, are the WORST among foreign MNCs.

1. They always like to recruit white for a job. After flying here and there. . .pay for moving. . . .family comes. . . then realise that the white candidate is a TOTAL misfit! The rest of the sigaporeans must oversee that job, handle her work . . .etc

2. Aussies like to throw their color- bar title around the office.

I am sure your friends will tell you more.

Guest

9 Apr 2012, 8.47PM

Not only MDA.

the leadership in government, civil service, GLC always get carried away by the sweet talking foreign conman.

Those in charge of our country's purse strings seems to be most vulnerable to such confidence tricksters, Yet they create so many rules and regulations that smothers local talent.

Somehow FT are treated like demi-gods, whatever they say is divine ! Might as well seek out the bomoh , guru and fung shiu master to craft out economic policies !

This case is just the rip of the iceberg ... MDA doles out money to FT managed companies, many other agencies are also in the same league.

Guest

10 Apr 2012, 1.02PM

haha . . .Singtel, too. Sued here, go to court there, pay legal fees . . . .

Time to scale back and reduce the population by 10%!