Revealing anything swept under the carpet and unmasking the sweepers.
Wednesday, May 16, 2012
IF YOUR COUNTRY REJECT YOU, COME HERE.
Kuokuang Petrochemical Technology Co proposed a huge petrochemical investment project in Taiwan in 2005 to build petrochemical plants in Yunlin. However the location changed to the coast of central Zhanghua county in 2008 after failing the environment assessment. On April 22 2011 President Ma Ying-jeou announced his withdrawal of support for the project. However KPTC has won red-carpet approval to start business in Pengerang with a 10year tax holiday.
TAIWAN PRESIDENT MA YING-JEOU ACTS ON STATE-OWNED KUOKUANG PETROCHEMICAL TECHNOLOGY COMPANY
The Whistler returned my call with a mild rebuke: "Do you know it is 3:00am in Ohio?" I called him for info on KPTC’s 10 year tax break. His reply: "What tax holiday….the "tax" is paid in advance to fast track processing approval. The money is already in the pocket(s) lah."
"OK go back to sleep," I consoled him….but I hear CNN in the background…..maybe like me he has to have the TV on to induce sleep.