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The Straits Times report, 3 May 2012
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How much beating can one's reputation endure?
Following a dip in the share price of the SMRT, projected lower dividends and increased spending on upgrading Singapore's 25-year-old rail system, analysts have suggested to the news media that Singapore's rail system could be nationalized.
Should the SMRT - or the state - run something as critical as a country's public transport system? Is nationalization the answer? Not according to the Government Parliamentary Committee for Transport, quoted in media reports.
