NST,Monday 6 February 2012
The rescue effort by the Malacca government in taking over the bus service in the state ought to be lauded.
However, steps must be taken to ensure that it will not end up being a case of old wine in a new bottle, as the same workers and culture are transferred to a consortium.
Leakages are common in state-run enterprises and consortiums. They are difficult to plug after the rot has set in.
In the bus industry, leakages mainly occur in procurement, maintenance and fares collection. As such, preventive measures must be instituted early to act as a deterrence and bring things under control.
At the other end of the scale, the recent report of Australian Ken Grenda, 79, who operated a bus service in Melbourne, is inspiring.
He sold his company, ensured that all 1,800 employees kept their jobs and handed out RM48.69m in “thank you” bonuses to his staff.
State enterprises are no match with business run by passionate entrepreneurs.
YS Chan
Kuala Lumpur
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