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Naming & shaming underperformers in footie and other national teams

In Footie on 06/12/2011 at 6:16 am

I knew our footie teams were not gd. But I didn’t know they were this bad, winning in 2011 only 24%, or seven of 29 matches, across all age groups. The full national squad won only one of seven games (14.2%) played this year, not counting friendlies.

A year ago the Lions team could only remain in the group stages of the AFF Suzuki Cup, and the players and coach Radojko Avramovic were criticised. Our footie authorities did shumething unique, not seen in footie. They sacked the team but kept the coach even though the coach had been around for a decade. When an EPL, Serie A or La Liga team does badly, the manager (we call him ”coach”) gets sacked. They don’t dismiss the players and build a new team around the manager.

But if the Lions are replaced again, but the Lions’ coach remains unchanged, it would again remind me of what Bertolt Brecht German and Marxist playwright and poet   wrote. After an uprising in East Germany that was brutally crushed, he wrote:

After the uprising of the 17th of June

The Secretary of the Writers Union

Had leaflets distributed in the Stalinallee

Stating that the people

Had forfeited the confidence of the government

And could win it back only

By redoubled efforts. Would it not be easier

In that case for the government

To dissolve the people

And elect another?

And while I’m on failure in sports, three cheers for Dr Tan Eng Liang. After the SEA Games in November, he clinically and dispassionately assessed the athletes and sports bodies, giving grades A to D based on medals won, or not won. He gave a D to eight sports – sepak takraw, weightlifting, archery, basketball, football, golf, dragon boat and petanque. They didn’t win a single medal.

He said, “I will make some recommendations to the SNOC and expect the players and NSA (national sports association) to do something with the situation. There could be tightening of selection criteria for example, sports that didn’t get any medals, we might be more strict with selection.”

As taxpayers money and national pride are involved, he is right expect high standards from the sports bodies and athletes.

Related post: http://atans1.wordpress.com/?s=footie

Waz the pt of a footie club?

In Uncategorized on 03/10/2011 at 7:16 am

Arsenal shows the disconnect between a financially prudent footie club and its fans.

Fans rightly want trophies and the bragging rights that goes with winning trophies. They are not interested in Arsenal getting praises for its prudence. They want Arsenal winning against Spurs and the Reds, not getting thrashed.

Spend the money, forget the risks. True Leeds and Pool show the problems that can happen if trophies don’t come despite the spending. But MU, City and Chelsea show that being financially reckless can pay off.

US trying to ruin footie

In Uncategorized on 10/07/2010 at 5:18 am

Having inflicted damage on Iraq, Afghanistan, Pakistan the Americans are moving onto footie.

They want to quantify footie using stats and analaytics.

Americans, go yrselves and us a favour, go bully Muslims.You tried to defeat the Vietkong and Afghanis using metrics like body counts, bombs dropped on innocent villages, rapes per soldier etc, but you failed. Footie will defeat you too.

Footie: Where are China’s stars

In Uncategorized on 03/07/2010 at 6:13 am

Wonder why China is so bad at footie? Is it because central planning is not suited for grooming footie stars, or is it because mums don’t do soccer?

Article

Footie fans get screwed: SingTel mgrs rake in millions

In Telecoms on 30/06/2010 at 7:54 am

Can’t blame me from being cynical can you?

At least, they are locals. The only FT runs Oz ops.

Not unlike DBS, where FTs run amok.

How do you punish a losing footie team?

In Uncategorized on 26/06/2010 at 2:27 pm

Saddam Uday, head of the Iraqi football federation, had his own prison and torture chambers in the basement of the building of the Iraqi Olympic committee, which he chaired. Reports – rife at the time – that he beat and tortured players were confirmed in 2000 after the defection of Iraq’s star footballer Sharar Haydar.

Read more and other examples from BBC Online.

Footie: Best Youth Academy in EPL

In Uncategorized on 06/06/2010 at 5:18 am

West Ham’s youth academy has produced seven EPL stars. Find out who they are, and why it’s the best. Not helped prevent its relegation in the past and this season’s 16th place.

English Footie: providing Asian casinos with competition

In Uncategorized on 29/05/2010 at 6:26 am

In season 2009/2010, there was betting in Asia on 250 Blue Square Conference matches – the fifth tier of English football – and on 190 English youth and academy games. (BBC Online report)

If us Asians can bet on 5th division matches, can you imagine the betting volumes on EPL, and  European Champs and Europa leagues?

Joint footie bid: Dog that didn’t bark?

In Media, Telecoms on 11/05/2010 at 10:01 am

Kinda strange that the authorities here have outsourced to FIFA and its commercial agent S’pore’s competition law when it comes to the media . How come the StarHub and SingTel joint bid was allowed by the competition authority? Or is it the anti-competition authority?

Although SingTel and StarHub were planning for a joint bid, Fifa eventually awarded them individual non-exclusive broadcast rights instead, the telcos revealed.

Joint bids are frowned upon as it could set a precedence for other broadcasters to follow suit and thin the coffers from media licensing.

(Part of BT report)

Update

Was told by two eminent persons, one lawyer and another an economist, that many sectors or industries are exempted from the competition laws. They have unprintable views on these exemptions.

Media is exempted from the act, and comes under the purview of Media Development Authority. A third person, not so eminent, in fact downright obscure and usually unreliable, tells me that MDA does not do anti-competition. Witness  its refusal to step in when StarHub had EPL exclusively. Only the row over the price SingTel paid, got it thinking how to have proper competition policies.


Footie: Did you know?

In Uncategorized on 02/05/2010 at 5:36 am

Political divisions in Lebanon are  so deep and tensions are so high that football fans are not allowed to attend matches.The authorities fear that clashes between supporters of opposing teams could spill onto the streets and soon escalate into armed warfare.

Goldman Sachs, an investment bank, was considering buying ‘Pol.

That they developed a business model – however sketchy and premature Goldman Sachs would like us to think it was – based on the development of Liverpool’s new stadium should give hope to the club’s long-suffering supporters

..  it is revealing that a deal put together by a bank of that stature – and after so many failed attempts to resolve the financial problems at the club – still fell down because the price Hicks and Gillett were asking was too high.

Why I love footie

In Uncategorized on 25/04/2010 at 5:11 am

Dreams can come true, even if the money is not there. Underdogs can go far.

Bankrupt Pompey makes it to FA Cup final again.

Look at Fulham: can still reach Europa Cup Final (Update 1 May 2010: Fulham makes it to Europa Cup Final)

And Everton.  With a bit of luck could still pip ‘Pool  for last place in Europa League (Update 2 May: no longer possible). But if  ’Pool wins Cup… Bang balls Toffees. But seriously ten years ago, the Toffees were struggling to make 40 points by season’s end. Now survival in EPL  is no longer an issue.  This season bit unlucky in early part of season with injuries.

Where “T” in “FT” means “Talent”, not “Trash”

In Footie on 29/01/2013 at 5:29 am

This chap is going to be based here. http://online.wsj.com/article/BT-CO-20130122-712467.html?mod=WSJ_FinancialServicesAndInsurance_middleHeadlines

We welcome people like him, like we welcome footie players Bennett and Duric.

But not people like SGX CEO and his deputy. Not anywhere in IPO top 10 for 2012. Yet the CEO and president (both FTs where the “T” can only stand for “Trash” want to bring in six more FTs. I assume the “T” means “Trash” not “Talent”. But our MSM continues praising http://www.channelnewsasia.com/stories/singaporebusinessnews/view/1249517/1/.html

From Economist http://www.economist.com/blogs/graphicdetail/2013/01/focus
IPO 2012

Lions YES! FTs YES! FAS NO ((((

In Footie, Humour on 23/12/2012 at 6:33 am

Glad the Lions were parking five buses outside the goal mouth. Glad they were SBS buses. If SMRT buses, the PRC FT drivers would have driven the buses away.

I’ve bitched about Roman before here, but gd for him, and our other FTs in footie team: Duric and Evertonian Bennett. The last two are the kind of FTs I want here. They are part of our community.

But FTF, FAS appointing Roman as Technical Director: the Serbians tua kee BS continues. FAS kept him five yrs too long. The “S” is FAS stands for Singapore, not Serbia!

Lions! Lions!

In Footie on 13/12/2012 at 6:32 am

Well done boys.

Thinking about it, the Filipinos have an interesting FT policy that S’pore should think about. Their FT footie boys play in the lower European leagues: there being no footie in the Philippines where basketball rules.

But let’s not take anything away from our boys!

Relax LionsXII

In Footie on 27/09/2012 at 5:52 am

You did well keeping other side to two goals, and to scoring an away goal.

So don’t let the pressure get to you. Juz go out on 2 October and show the FT loving FAS and its Serbian coaching staff that S’poreans don’t need FTs to teach us to play footie!

Three cheers for LionsXII

In Footie on 15/09/2012 at 6:33 am

They did what they had to do. Praise them, not jeer them.

Footie is also abt brains. Better safe than sorry.

FT she-gladiator shames us; SPH papers & STTA shamefully silent

In Uncategorized on 02/08/2012 at 2:00 pm

But first things first: Congrats Feng Tian Wei for winning an Olympic bronze medal. You’ve joined a elite club. Gd for you.

Now to the rant of the day.

Our FT gladiators are supposed to bring glory to S’pore. Err thaz the theory.

PRC FT ping-pong player Wang Yuegu bitched about the umpire and his selection after her quarter-final defeat in the women’s singles competition on Tuesday. Unless Wang Yuegu can substantiate her allegations about the Germans trying to “fix” her , she has tarnished S’pore’s reputation, more so since ”there were hardly any umpiring decisions made against her”: in point of fact there was only one. Details below*

She shamed us several times over. She was undignified in defeat, not for the first time**. What will people think we are? Nothing more than Chinese peasants, without manners?

There’s something more important. We native S’poreans have over many decades built a reputation as people whose words have to be taken seriously because we do not say things that are unreasonable, or which we cannot substantiate or prove.

One LKY set the standard. Pre the collapse of the USSR, his geo-political analyses were taken serious by the likes of Dr Kissinger. He also sued people who defamed him, daring them to provide the basis of their defamation. They never could.

So while Wang is a team silver medalist in the 2008 Olympics and in the last world ping-pong championship, her behaviour shames us. The medals she won are not worth the stain on our national reputation.

Even her personal groveling and that of the entire ping-pong association (headed by another uncouth and undignified FT, a PAP female MP) will not remove the stain.

To their credit, our constructive, nation-building media did not suppress news of this disgraceful behaviour by an FT.  But I note that the behaviour of the said FT was not condemned by the publications belonging to SPH***, or the association. If it had been the sport of us native S’poreans, footie, I’m sure ST and FAS officials would have howled their disapproval. And ministers would have joined in.

I hope the silence is only due to the hope of another team silver ping-pong silver model, and not because FTs have to be treated like “gods”.

——-

*Moments after her 4-1 defeat to Japan’s Kasumi Ishikawa at London’s ExCel Arena, Wang stunned the Singapore media when she hit out at the appointment of German Claudia Moller as the umpire for their match.

“As soon as I saw I had a German umpire, I knew I was going to lose points,” said the 31-year-old, who is ranked world No 11, and who could be competing in her last Olympics.

“My husband is German, and I have a private problem with them. Someone from their team is abusing their relationship with officials and has arranged for me to have a German umpire.

“They’re abusing their power and I can’t respect that.

“Today, I feel fine personally about the match, but I feel bad for the sport and bad for the Olympic Games that this is allowed to happen.”

This despite Today reporting  ”there were hardly any umpiring decisions made against her during her clash with Ishikawa yesterday, it is unclear what the real reasons are behind her surprise and unusual outburst … Wang could not be contacted later to further explain her verbal lashing.

When approached after the incident, table tennis team manager Loy Soo Han declined comment. Likewise, Singapore Table Tennis Association Chief Executive Officer Wong Hui Leng did not want to speak on the matter”.- TODAY

http://www.channelnewsasia.com/stories/sportsnews/view/1217072/1/.html

**However, at the World Championship in Dortmund, Germany, in March this year, Wang was shown the red card for protesting a series of dubious service calls by German umpire Klaus Seipold and Kosovo’s Jeton Beqiri during Singapore’s 3-0 win over Taiwan in a Group B match.

She initially refused to leave, and women’s team coach Zhou Shusen and assistant coach Jing Junhong were also involved in the incident.

Afterwards, the Singapore team were also given a formal warning by the tournament organisers on their conduct.

***Three cheers for Today which had words for her and STTA, pointing out that her outburst was an attack on the German table tennis federation, and yet STTA remained silent. Another reason that S’pore is shamed by the FT and her FT-loving PAP leader.

.

STOMPED! Yacoob’s CoC

In Media, Political governance on 11/07/2012 at 8:09 am

(Or “The difference between blogging and the traditional newspaper story”) 

Remember when Yaacob was  promoting his CoC (Code of Conduct) for the internet, he praised our mainstream constructive media and said they should be exemplars netizens should follow http://atans1.wordpress.com/2012/05/16/two-examples-of-how-st-covers-fts/ .

We now know what he wants us netizens to do: fake news reports using paid content producers like STOMP. His sis is a very, very senior editor at ST, a sister publication of STOMP.

Well I doubt that in 2012, we will hear anymore about his CoC. But next year is another year, and the CoC is not a once in 50-years event.

I was reminded of the above CoC and STOMP’s paid content producers posing as “citizen journalists” when I read this: [T]he traditional newspaper story derives its force and directionality from the man-bites-dog newsiness of the flat content. It’s very difficult to include expert commentary that depletes or diffuses the newsiness, because it sucks the signifying force out of the piece. In contrast, blogging and tweeting are far more flexible and use many other discursive techniques to supply directionality and signifying force, most importantly personalistic tone. You can write a blog post about something utterly un-newsworthy, say the fact that Barack Obama is president of the United States, and make it signify through sheer emotive presence or stylistic technique. But you can’t write a newspaper story about that.

One great reason why netizens shouldn’t be forced to be like a newspaper, even one like the FT or NYT or the Economist, let alone a publication like ST when even the footie news is distorted for the government’s constructive, nation-building agenda of “FTs are betterest” policy. 

Read the whole blog posting because it gives great insights on how a newspaper, any newspaper from the NYT to ST and its peers in China and North Korea, operate http://www.economist.com/blogs/democracyinamerica/2012/06/media-rules

Related http://www.bbc.co.uk/news/uk-18458567

Three cheers for our Under-16 Cubs

In Footie on 02/07/2012 at 2:26 pm

Our under-16s lost 4-1 to Ajax Amsterdam’s under-15s at the Jalan Besar Stadium in the finals of a tournament. The Dutch side gained revenge for their group stage loss.

Given that the Ajax youth teams like that of Barcelona, Arsenal, MU and Everton are well-known for developing young talents for the first 11, and in the case of Everton for sale to richer clubs (one Rooney was sold, restoring the club to reasonable health), beating one of their youth teams is an achievement, even if the Cubs lost the return match.

http://www.channelnewsasia.com/stories/singaporelocalnews/view/1211090/1/.html

We don’t need no FTs as players or even as coaches. http://atans1.wordpress.com/2011/12/06/naming-shaming-underperformers-in-footie-and-other-national-teams/

SGX learns from FAS?

In Footie on 27/06/2012 at 9:13 am

(Or “Uniquely S’porean? Rewarding Failure Again”)

A few weeks ago, the ang moh FT CEO of SGX got his contract renewed for another three years. This despite:

– Making a spectacular takeover bid for ASX which no-one tot would succeed. It didn’t because, as widely expected, the Oz authorities blocked the deal. 

– Failing to get mega-listings. MU is not listing here despite reports that SGX made huge concessions on corporate governance to attract MU. Apparently the central bank was not amused with the concessions. Now even KL is ahead of us in the Asian listings league. S’pore Tak Boleh?

– SGX’s dark pool joint venture Chi-East closed in May as business volumes were weak and unlikely to improve.

Meanwhile, the Hong Kong exchange agreed to buy L.M.E. for £1.38 billion (US$2.16 billion). It outbid several American rivals, including NYSE Euronext, for control of the 135-year-old London firm. SGX found the valuations too rich to play. To be fair, so do investors in the HKEx. Its share price dropped. But its plans to introduce Yuan-based contracts and Chinese players into the LME could work. Then the LME price would be cheap*.  

So one would have tot it would be about time for the ang moh FT to move on. Nope, he stayed on. Juz like in the case of the Lions where the ang moh FT coach remained despite years of underperformance while the players were moved on.

FYI, the number two at SGX is an ethnic Indian FT. The S’porean who was his equal moved on earlier this year. Not that the S’pore Gan was that gd: he allowed all the S-Chips to list.

Related posts: http://atans1.wordpress.com/2012/04/02/temasek-meritocracy-at-work/ 

http://atans1.wordpress.com/2012/03/29/fas-learn-from-chelsea/

*Update: FYI, HKSx paid 180 times last yr’s earnings, or 46 times forward earnings.

ST misreps yet again

In Footie, Media on 24/06/2012 at 6:18 am

(Or “Four unexplained mystries in WofflesGate”) 

So Germany beat Greece, and are into the Euro semis, which reminded me that even footie facts are misrepresented by the nation-building, constructive ST to promote government’s FT is “betterest” policy (See below. To be fair, ST published the rebuttal. Balls-up or subversion? Or someone with a conscience?). Is nothing sacred? What next? Footie scores get misreported? More likely is that goals scored and saves made attributed to players that fit ST’s agenda of nation-building, constructivism.

I am exaggerating? Look at an ST report of WofflesGate: [in relation to the incident in September 2005,] . . . Wu got Mr Kuan, then 76, to tell police that he was the driver of a car speeding at 95kmh on Lornie Road. Mr Kuan is said to have lied again about a speeding offence committed at 9.45am on Nov 10, 2006. The car was then travelling at 91kmh on Adam Road.

The speed limit in both instances was 70kmh and involved Wu’s car. Court papers did not state who the actual driver was.

The court heard that a notice was sent to Wu to reveal the identity of the driver. Concerned that he would accumulate demerit points were he to accept liability for the speeding offences, he roped in Mr Kuan, then a maintenance technician in his clinic. Now 83 years old, Mr Kuan was also described as a close family friend of the doctor. He has not been charged.

The report makes it clear implicitly that Woolly Wally was the driver by stating that hr was concerned about getting demeit points.  Yet we now know that both the Attorney-General’s Chambers and the Law minister said that investigations were ongoing, as to who the driver actually was; and that the case has not been concluded.

Funnily, ST has not retracted its story. Nor have the authorities asked for a retraction. These are four  mysteries that need to be explained to convince S’poreans that the rich are not different.

———

Read the u/m in ST Forum about two weeks ago.

Go for local football talent

CONTRARY to what the report (‘Talent mining in the sports world’; May 25) implies, Germany does not have an official programme recruiting foreign-born footballers.

Circumstances that led to Polish-born strikers Miroslav Klose and Lukas Podolski representing Germany differ completely from the mechanics of Singapore’s Foreign Sports Talent scheme.

Klose moved to Germany at age seven, while Podolski did so at two. Both are therefore home-grown German players.

The only non-native player recruited by the Football Association of Singapore (FAS) who can be considered home-grown is Daniel Bennett, who came here as a toddler.

Many Singaporeans rightfully question the ‘Singaporean-ness’ of foreign sports talent, something that even Bennett himself is concerned about.

He was quoted two years ago in the Singapore Armed Forces Football Club official website as saying: ‘I am more Singaporean than many of the other foreign players who took (up) citizenship more recently, as I grew up here and it’s my home.’

Apparently concerned by the excessive use of imported players contravening the spirit of the game, football’s world governing body Fifa tried to introduce regulations in 2008 to restrict such usage.

Unfortunately, the FAS remains stubbornly persistent with its push to recruit more foreigners. It claims foreign sports talent plug the gaps in its youth development programme (‘Change of heart by NSAs’; May 28).

Our national football administrators should find answers to why, after almost two decades of S-League football where would-be Lions play with and against foreign players weekly, and years of employing foreign technical directors, the FAS is still struggling to develop quality international-level talent.

It is impossible to prove, but perhaps native and home-grown players strive harder for their country.

Michael Ang

Lions taking a lesson from PA, PAP?

In Footie, Humour, Uncategorized on 12/06/2012 at 6:39 am

I nearly had a heart attack a few minutes ago when I was skimming thru ST. The Lions plan to field a geriatric ang moh striker in the coming game against M’sia. I mean even Alex Ferguson doesn’t field 41-year old strikers. Mid-fielders and defenders are different. The best age well like Gigsy, Maldini and Barasi. So having Bennett back could be a gd move.

So I guess Roman and FAS must be looking at the example of the PA and PAP in Aljunied where two geratrics were apponted to replace the much younger Mrs Lim and Madam Cynthia Phua as grassroot advisers http://atans1.wordpress.com/2012/03/28/pap-in-aljunied-grc-no-room-for-young-blood/

FAS, what about replacing Roman? If he had been one of ancient Romans, he would have committed suicide long ago to atone for his failures. In S’pore, he gets his contract renewd while the players get sacked. This is not international best practice in footie.   

Even the PAP got rid of BG Yeo from its mgt when he failed to hold Aljunied. And “retired” Wong, Ramond Lim and Mah Bow Tan for not being “popular” enough.

Why S’porean bid for Rangers might fail

In Footie, Humour on 18/04/2012 at 5:56 pm

(Or “Is Bill Ng a “fit and proper person” to own Rangers?”)

Bill Ng, who is fronting a S’porean consortium’s bid for troubled Glasgow Rangers, is right to be wary of the syndicate  being tipped by the media as the front-runner to win the bid for Rangers

As footie fans will know, Scottish footie is very nationalistic. There are also very serious undertones of sectarianism, racism (interesting distinction between racism and racial discrimination discussed here) and violence. So last yr’s brawl involving Hougang United and Bill Ng’s subsequent comments could count against the consortium because it could give rabid nationalists and racists an excuse to demand rejection of the bid on the ground that Bill Ng would not be a ”fit and proper” owner of Rangers despite the tradition of violence among the club’s fans.

In May last yr, match officials were forced to abandon the tie between hosts Hougang United and defending champions Etoile FC before kick-off, after players from both teams started fighting during the warm-up session. Witnesses MediaCorp spoke to said the scenes resembled a gang fight, with players chasing each other and some rushing onto the terraces.

Bill Ng, the chairman of Hougang, said he was angry and would conduct an internal investigation.

Anyway, for bringing the game into disrepute both clubs were fined S$10,000, with S$5,000 suspended so long as they steer clear of trouble this year. They were also docked five points each.

Ng said Hougang would not let the matter rest, claiming the fine imposed on the club and points deducted were unfair. The “evidence … is not concrete” and the FAS disciplinary committee failed to take into account the actions of club officials to diffuse the matter. He also grumbled that the disciplinary actions would make it difficult to attract new sponsors.

Hell’s bells, whatever the provocation, his players were brawling. Surely that is wrong?

Related post

http://atans1.wordpress.com/2012/

Billy Boy to own Rangers?

In Footie, Humour on 17/04/2012 at 6:54 pm

(Or “S’poreans Boleh: Hougang boy can own a part of Scottish history”)

So the S’pore consortium fronted by one Bill Ng*, chairman of footie team Hougang Hooligans  (Does the team have WP as a sponsor? PAP not likely to sponsor a team that fights on the field?) is now the favourite to win the bid for Rangers.

The Blue Knights consortium seeking to gain control of Rangers says it is “stepping back” from the process. It was the orginal favourite. The group led by former club director Paul Murray says it cannot compete with Bill Ng’s consortium.

Ticketus, the firm whose money financed Craig Whyte’s takeover, with funding set against revenue from future season ticket sales at Ibrox, has been working alongside the Blue Knights but has also opened talks with Ng.

And the Blue Knights claim its Singapore-based rival had made the offer of a “substantially” better deal.

http://www.bbc.co.uk/sport/0/football/17736718

BTW, Bill Ng shld make up his mind whether he was a Rangers fan from his school days; or only became a fan abt 10 years ago. He has told reporters both these conflicting versions.

————————

*When he was in stockbroking, he was known as “Brudder Bill” or “Billy Boy” or “Billy the Kid”. When an ex-employer heard that he is reputed to be worth US$80m, he laughed and said he might remind Bill that he, Bill, had debts to settle, and to touch Bill for a loan, “He’s worth a lot more and I”. He also added, “Everyone’s now in private equity” when he heard Bill claimed to be in private equity.

Managing people, the S’pore way cont’d

In Footie, Political economy on 02/03/2012 at 7:08 am

In January 2011, after the footie authorities disbanded the national team after a dismal showing in the 2010 Suzuki Cup, but kept the manager, and promised the start of a rejuvenation process, I wrote “Managing people, the S’pore way”.

Well under the same manager, but with different players, the Lions have lost all six games in the third round of the FIFA World Cup qualifiers.

So I republish what I wrote then. Let’s hope this time the footie authorities stop their Serbian tua kee and FT loving ways. Pigs would fly first methinks.

============================================

Managing people, the S’pore way

In the English, Italian, German and Spanish footie leagues, if a team does badly,  the manager gets the sack. The view is that the manager is responsible for managing the players to get them to perform at thier best.

In S’pore, the manager retains his job, the players get the sack, even if the manager has been around for almost a decade.

In Western democracies, the ruling party gets replaced if voters are unhappy.

In S’pore, the ruling party creates GRCS, then super-GRCs, all the time telling the voters they are daft and lazy. And, juz to make sure, imports voters. Reminds me of what Bertold Brecht, a famous playwright and Marxist activist wrote:

After the uprising of the 17th of June

The Secretary of the Writers Union

Had leaflets distributed …

Stating that the people

Had thrown away the confidence of the government

And could win it back only

By redoubled efforts. Would it not be easier

In that case for the government

To dissolve the people

And elect another?

He was writing about the East German government after its soldiers had shot some protesters.

At least here, the unhappy voters are not shot, juz ignored, and threatened with a military coup if there is a” freak election result”.

Uniquely S’porean, this method of managing people.

A game where the underdogs sometimes still triumph

In Footie on 14/02/2012 at 6:04 am

The Zambian footie team won the African Cup. Along the way they beat three West African teams, Ghana , Senegal and Ivory Coast (in the finals).

More than half the men in the three west African squads play for clubs in England, France, Germany, Italy or Spain …,  which boast the world’s best leagues. In theory, the Zambians looked much weaker: most play at home, in South Africa or in the Democratic Republic of Congo; only two are with European clubs—in Russia and in Switzerland, which are far from the best. The captain, Christopher Katongo, the player of the tournament, turns out for Henan Construction, in China. So much for statistics: on Sunday night, precision from the penalty spot, and no little emotion, mattered more.

http://www.economist.com/blogs/baobab/2012/02/african-football

Lions, keep on trying. And local fans, keep on supporting and hoping.

It’s other people’s money, so spend it?

In Corporate governance on 17/01/2012 at 7:21 am

“SSA president Chng Seng Mok hopes the shooters’ poor form will not affect their application into the OPP’s [Olympic Pathway Programme's] 2016 cycle, but he said: “Of course, the SSA must also explain why they didn’t do well.””

Well the shooters were good in the 2010 Commonwealth Games, winning five gold, four silver and five bronze medals to finish as the third best team in the shooting competition in New Delhi. Their form has dropped since then. And two of the three shooters in the OPP’s 2012, have failed to qualify. A third has one more chance (Let’s wish her all the best). The trio performed poorly at the 2010 Asian Games and last year’s SEA Games.

My question is, “If the SSA president was personally paying for the training expenses etc of the shooters, would the president dare say such a thing?” Obviously not because the bad has to been taken with the good, with the latest scores mattering most because they are the best (if very imperfect) indicators of future form. Ask any EPL footie manager.  

Moral hazard: Ain’t only a problem with ministerial salaries, management and bankers’ excesses, and spendthrift, lying, cheating, lazy, violent Greeks. It’s present every time, when tax-payers’ monies are involved. In fact, every time other people’s monies are used.

Why I miss TR

In Media on 11/12/2011 at 10:15 am

(Or “Why I would as a Christmas present the return of TR”)

The headline “Former table tennis president and manager charged with corruption” reminded me of TR because of  the Wayang Party’s (TR’s original name)  campaign against his successor, MP Lee Bee Wah.

And that reminded me of the promise by “reliable sources” that TR will return by mid-November. It’s almost mid-December. Still waiting leh.

But then remember the footie authorities have broken their promises again and again. And it seems that the Sembawang Soccer Academy has yet to pay an outstanding bill to an overseas footie academy (making Fandi Ahmad look silly), despite repeated claims it has the funds.

So let’s not be too upset with the boys and gals at TR for being S’porean i.e. rubbery with their time-line. They are true blue S’poreans. They are also  unpaid volunteers doing a dirty, despised but essential job: spreading rumours and gossip without any regard of the truth**. And providing some gd analysis. I miss “Grey Hippo” and another writer (can’t remember his name but he rubbished a NTU professor and got under his goat).

I was thinking of TR a few weeks ago when I read a stream of hot air from the local media and bloggers on the social worker that rejected an award. Just before the news broke, I had heard about the rejection, and the rumours surrounding it. The bloggers commenting on the issue (example here) must have heard of the rumours but must have decided not to report them**.

Because they did not repeat the rumours, the story did not gain traction. It was forgotten almost as soon as it surfaced, which is a shame if one is into these kind of things (I’m not).

But if TR had been around, I’m sure the rumours would be published as facts, giving some context to the bloggers’ tots on the matter.

So I’m still hoping for a return of TR. The inhabitants of the Wild, Wild Internet need the Comancheros*** to return especially to name and shame FT loving managers and employers http://atans1.wordpress.com/2011/11/04/three-cheers-for-tr/.

But I won’t miss the demise of the Satay Club which went AWOL or MIA in early September. Bit too pretentious for my taste. As it had shume kind of affiliation with TR, did the closure of TR affect it? Maybe the people behind TR were behind the Satay Club? I raise this possibility because the founder of the Satay Club claimed to have a PPE degree from Cambridge. Cambridge does not award a PPE degree, only Oxford does. A TR joke?

Oh and I won’t miss Tan Kin Lian’s SGEP portal which has also entered the land of the living dead. Since October, updates had been getting rarer and rarer. And there have been no updates since 16 November. Another one of TKL’s failures?  Like his petition to himself to stand for president (which only got 1,200 signatures despite his call for 100,000 signatures), his presidential election campaign, and his forfeited deposit.

Update: http://atans1.wordpress.com/2011/12/29/in-praise-of-tr-emeritus/

————————————————-

*Almost like the night-soil men who serviced the house I lived in when I was young. Great place with an indoor court-yard. But there were no flush toilets. So people were paid to cart away something mucky. But these guys were paid.

**Let me be clear, I’m not condemning them for not spreading the rumours. There are very good, sound, ethical reasons for not doing so: like not being able to make a judgement on the credibility of the rumours, or the impact of smearing someone unfairly if it is untrue.

***In Westerns, the Comancheros were the “bad” white guys who sold modern rifles to the Comanches (“Lords of the South Plains”) and other “lesser” Red Indians resisting the white settlers’ and US cavalry’s attempts to “civilise them”. More like genocide than civilising, if you ask me.

Why TJS never got invited for tea and biscuits

In Political governance on 27/11/2011 at 5:47 am

(As I recently wrote about an RI boy, I tot I might as well write about another RI boy, especially one very, very proud to be from RI. So proud that it annoyed me.)

The JBJ Memorial event five weeks to the day yesterday (Saturday), entitled “Heroes in Our Hearts”, turned out to be more than a tribute to JBJ. What has gone uncommented (until now) is that a speech there solved a puzzle.

During the May GE campaign, Tan Jee Say told us that he had been told when he was a civil servant (in the early 1980s presumably?) that the PAP had considered him as a possible candidate-MP. But nothing happened and he never heard about the matter again. (Three other scholars born in the same year as him, 1954, Teo Chee Hean (in 1992), Lim Hng Kiang (in 1991) and George Yeo (in 1988) were tapped to become MPs and ministers.)

During the same election, his ex-boss, Goh Chok Tong, said that TJS was not gd enough to be a Permanent Secretary, and so he left government service.  TJS denies this. More details.

TJS’s speech at the JBJ Memorial tells us that he openly cheered in the 80s for JBJ at JBJ’s public appearances and rallies.

That he openly showed his support for a non-establishment figure and knowing the views that the PM of the day, one LKY, held abt JBJ, it is very clear (to me at least) why TJS was never invited to a tea-party, and why he couldn’t ever be a Permanent Secretary. He was ”unsound”, likely to be unreliable when the call came to close ranks against the “enemies of the state”, and other trouble makers.

That he rose to be the Principal Private Secretary of the then Deputy Prime Minister (and PM in waiting), despite such open support for JBJ, speaks well of the system of meritocracy in the admin service in the 1980s, and how decent a man Goh Chok Tong was. (Regular readers will know I am usually no fan of GCT or of his policies.) 

Yes, yes, I know that a cynic should say that there is only TJS’s word that he attended and cheered at JBJ’s rallies. But I’m willing to give him the benefit of the doubt even though I know people who were his senior in Morgan Grenfell Asia in 1991, who are annoyed that he claimed the credit for MGA winning the privatisation mandate from SingTel, three months after he joined MGA: “He makes S’pore sound like Indonesia”; “MGA had been cultivating SingTel for years”; and “What else did he win?”.

(Reminding me of what George Orwell in All Art Is Propaganda: Critical Essays wrote,  “A man who gives a good account of himself is probably lying, since any life when viewed from the inside is simply a series of defeats.” A good reminder why not to boast.)

My one criticism of his speech is that the speech came across as more about TJS* than about JBJ. But then brave men often have big egos, witness JBJ.

TJS is brave, not because of what he said he did 27 odd years ago, but because at age 57, he decided to do something very different and difficult, and which doesn’t pay well most of the time (he is out-of-pocket by at least S$127,000: enter politics on the side that always gets thrashed badly, like our national teams in sepak takraw, weightlifting, archery, basketball, footie, golf, dragon boat,  petanque, shooting, fencing and silat.

At the very least, even if he is an opportunist, he loves a challenge like Ulysses in Tennyson’s poem of that name which ends:

Though much is taken, much abides; and though

We are not now that strength which in old days

Moved earth and heaven, that which we are, we are—

One equal temper of heroic hearts,

Made weak by time and fate, but strong in will

To strive, to seek, to find, and not to yield.

What the poem does not tell us is that Ulysses was drowned when a wave hit his ship and he was washed overhead. Heroes do not have the luxury of dying peacefully in their beds.

Finally, if anyone knows when he joined and left Standard Chartered, his designation(s) there, or whether he was in investment banking, fund management, or whatever there, please drop me an email. I know nothing of this period except that he was in StanChart. Likewise for his stint in Peregrine. BTW, interestingly, between 1991- 1997, he worked for  three different firms. I only worked for one.  

*It reminded me of LKY’s eulogy of Dr Goh Keng Swee. There was a credible rumour that some members of Dr Goh’s family were upset that the speech seemed more abt LKY than Dr Goh.

Ministers’ Salaries & Pensions

In Political governance on 15/11/2011 at 7:20 pm

Or “Stream of consciouness of a wondering mind” or how one tot lead to another.

When I read yesterday that NSP was organising a forum on ministers’ salaries, I tot of the story in the Chinese media last week that junior ministers’ starting salaries would be around the S$300,000 mark rather than the present (suspended) S$1m mark. and wondered how much would cabinet ministers and the president draw under the revised scheme?

I then wondered why the opposition MPs and NCMPs did not ask what our ministers and president are drawing pending the salary review report? The PM had said in May that any changes would be effective from the date he announced the review. So are they meanwhile paid their millions, with a clawback provision? Aka like investment bankers. And if so, what happens if a minister pleads poverty? Will he get the chance to pay back in instalments? If so, how long and at what interest?

Our WP MPs and NSMPs more interested in playing on same team as PAP? Like in footie?

Then I was reminded of what ”moretothepoint” posted on TOC last Saturday

REMEMBER ITS THEIR COUNTRY. WE ONLY LIVE HERE.

At a social gathering of prominent ladies today, Mrs Yu-Foo Yee Shoon {former MP and junior minister) was askedrepeatedly how much her ex-MP cum MoS pension was.

She tried to avoid the question by going on about the basis of how ministerial salaries were determined.

One insistent member of the floor kept asking and she finally replied that she gets 40% of her last drawn package of $500,000 p.a.

So that’s about $20K a month for doing nothing.

The audience let out a murmur when the numbers sunk in.

===

All these, for some unknown reason, reminded me of this passage in “Animal Farm” : “Comrades!’ he cried. ‘You do not imagine, I hope, that we pigs are doing this in a spirit of selfishness and privilege? Many of us actually dislike milk and apples. I dislike them myself. Our sole object in taking these things is to preserve our health. Milk and apples (this has been proved by Science, comrades) contain substances absolutely necessary to the well-being of a pig. We pigs are brainworkers. The whole management and organisation of this farm depend on us. Day and night we are watching over your welfare. It is for your sake that we drink the milk and eat those apples.”― George Orwell

Why are the Glaziers like the PAP?

In Corporate governance, Footie, Political governance on 22/09/2011 at 8:08 am

The antics of the Glaziers (the owners of MU, in case you are not into footie) in trying to ensure that post-IPO, they can “fix” minority shareholders reminds me of the PAP’s attempts in the late 1980s to restrict the choice of voters.

When faced with the possibilty of losing more than a few seats in Parly, they resorted to Group Representative Constituencies (GRCS), where voters were forced to vote for a group of MPs headed by one (possibly two) cabinet ministers, not an individual MP. Over the years, the system was used to introduce such MPs like Rin Tin Tin (aka Kate Spade), “Waz so great abt NS?” Puthu, and “No money, no dignity” Lim. GRCs worked for the PAP until this year, when the PAP lost a GRC, losing five seats. Two cabinet ministers and one junior minister lost their seats in Parly.

Well the attempt to introduce two classes of shares (with different voting rights) and when that failed, to issue non-voting preference shares (that unusually do not carry a dividend that is fixed and cumulative*) indicates that the Glazers are just as concerned as the PAP about the consequences of the unwashed masses having the vote to push them around.

Too bad for conspiracy theorists that the Glaziers are Jews. Otherwise, it could be spun that they are related to one Harry Lee, the master architect of the GRCs.   

But seriously, there is a link that conspiracy theorists can spin around. Our very own SGX that has been assidiously courting, then faciltating the Glazers, is 23.5%  owned by Temasek. Temasek cannot vote its Temasek shares, but that’s only a detail to conspiracy theorists. After all, a senior SGX official was from Temasek. And Temasek’s president was SGX’s ex-CEO. And conspiracy theorists know who owns Temask, don’t they?

*These characteristics make them more like common shares. The reason why preference shares carry fixed dividends and why dividends are cumulative is to make them safer investments. And to compensate holders for the absence of voting rights, and the inability to share in the gains that can accrue to ordinary shareholders. Absent  dividends that are fixed and cumulative; they are like common shares absent the voting rights and the potentially unlimited upside.

To be fair though,  if the company is liquidated, the preferential shareholders will have priority over ordinary shareholders when assets are divided. Unless the Glaziers have gotten rid of this too,

Do we need more political parties?

In Political governance on 16/09/2011 at 6:58 am

So now there are voices calling for Tan Jee Say and Dr Tan Cheng Bock to each form a new political party. And I’m sure, there are voices out there asking the “Voice of the People” to make a fool of himself again (this time with his daughter by his side) by forming the VP Party or VPP.

I’m sure some of these callers are thinking, genuine and sincere people, while some of the callers are PAP activists hoping to split the votes of voters unhappy with the PAP. But most of these calls are coming from very daft, but sincere and genuine people.

Think of where the parties of TJS and TCB will position themselves.

There are two slightly left-of-centre parties, the Workers’ Party and the Singapore People’s Party. Further left (but not on extreme left, despite what the local constructive, nation-building media say), we have the Singapore Democratic Party and somewhere between the WP and the SPP, and the SDP, there is for the moment the National Solidarity Party.

The NSP is forever changing shape in between general elections and, at the moment, is undergoing yet another metamorphoses. The WP and SDP have strong brands and active supporters, while the SPP is finally trying to make a serious effort to move away from brand “Chiam”. Let’s hope it succeeds. Chiam deserves to leave behind a political legacy. He showed us that an ordinary, decent man could take on the PAP and survive. There was no need to play the matyr game.

Now where will brand Tan Jee Say fit in? Based on his behaviour during the presidential election, his party will be further left of the SPP and WP, and right of the SDP. A space that the NSP, with two of his scholat mates in its management committee, is now trying to make its own. Kinda crowded, aint it?

As for Dr Tan Cheng Bock, the man, who waffled on during the election about not being the preferred PAP candidate and abt unity via footie and multiracialim (If I sound mean, I remind that I voted for him. Yup I can be that irrational), where will his party stand? Right of the WP, and SPP most likely, based on his waffling.

Even if it occupies some of the right-of-centre space dominated by the PAP, it will be fighting for some of the very moderate left votes.

The space on the left is crowded, with these six parties. There may not be enough seats to satisfy the ambitions of these six parties in a general election. There may be three-way contests. Then there are the absolute no-hopers, Singapore Democratic Alliance and the RP: making a total of eight parties on the left. The only place left field unoccupied is on the extreme left.

Establishing a new party is not easy. Remember the Reform Party? Set up by the late JBJ, it had to be resurrected by his son, KennethJ,  because of JBJ’s death soon after its founding. Despite all the goodwill that the memory of JBJ attracts, the RP had problems recruiting. And anyway, the newbies soon left, leaving King KJ to play and fantasise alone.

So please, let’s not encourage bored men with large egos, deep pockets and axes to grind to form new parties of the left. The field is crowded left of centre with eight parties.

Now, there is plenty of space on the extreme right. Anyone bored with a big ego, deep pockets and an axe to grind interested? I’m sure one LKY will be the party’s patron if the party ideology is a mixture of fascism, capitalism, socialism and his Hard Truths.

Why S’poreans must unite and send another message to PM

In Political governance on 26/08/2011 at 7:37 am

Since 27 August is only a few days after the 100th day of PM’s cabinet being sworn in, we should use that day to tell the PM that we will not tolerate the:

– unjustified commuter fare rise;

– repeated failures to secure MRT carriages and depots;

– attempts to tell us how we should vote on 27 August;

– Central Mediation Centre’s and MinLaw’s refusal to tell FTs that they are guests here, not our overlords, and must tolerate our culture and eating habits; and

– continued fixing of the Opposition by the PA (a government agency of which he is the chairman).

TJS and TKL supporters, please vote with yr minds, not yr hearts. Do you seriously think yr candidate can win?

You may hate Dr Tan Cheng Bock, but hold yr noses and vote for the Tan that swing voter mules (45%) are most comfortable with,  and who is not the preferred candidate of the PAP.

PAP supporters, by not voting for Tony Tan you will help those members of the CEC who want the party to change. Remember the PM has said he will work with the winner, but do you want the winner to be TKL or TJS? TCB was until recently one of the MIW.

Anyway Tony Tan is meant for bigger things (like returning to GIC). The presidency is too small for him.

S’poreans vote tactically. Vote for the Tan who the PAP doesn’t want to win but who is not a radical or a friend of the SDP and Dr Chee, or who is from the Dark Side, pretending to be the “People’s Voice”.

Vote for Dr Tan Cheng Bock, the guy who wants to unite us thru footie and multiracialim. OK even I  admit this is corny. But at the very least, he is not the candidate of choice of the PAP, or Dr Chee and the SDP, or of Goh Meng Seng or the NSP.

All plague on all the Tans

In Political governance on 17/08/2011 at 7:25 am

Where is each Tan on the curry issue?

Now what annoys me abt each Tan.

Tony Tan

You keep talking of yr economic and financial skills. Hey do remember that president is only a security guard of our reserves. Want to use yr skills, go reapply for yr old job at GIC, or go help yr niece manage the debts she must have incurred in buying control of Straits Trading.

Tan Cheng Bock

I know yr strategy is to use the retired grassroots activists that the PAP have discarded to get you the votes. But ain’t you forgetting that they got discarded because they no longer are of any use in bringing out the votes?

Pls talk abt more bread-and-butter issues rather than footie and racial tolerance. On the latter, it’s the FTs, not us, that are the intolerant ones. They don’t want us to eat curry, or burn paper during 7th month.

Tan Kin Lian

You keep telling us that the people asked you to stand. If that is so, don’t you think they would have volunteered to help yr campaign, and contribute money, without you asking? For the record, you asked twice.

The other candidates are not asking for donations, why you so cheap skate?

Knowing how thin-skinned you are, what assurance netizens got that if you get elected, you won’t propose to the cabinet illebral rules to tame cowboy towns?

Tan Jee Say

Why you found yr voice and conviction only this yr? You have been free to speak since 1991. Kinda convenient in an election yr? Where were you when S’poreans were saying no to the casinos in 2005? You after all have voiced in 2011 yr moral outrage at the casinos. Why not in 2005?

Why so silent abt yr experience at Morgan Grenfell and Standard Chartered?

As you want to tap S$60bn from the reserves, ain’t electing you to the  presidency the equivalent of allowing the fox into the chicken coop?

Learn from Japanese — set example leh elites

In Uncategorized on 14/03/2011 at 9:55 am

Well even though SM Goh was comparing durians to rambutans, he has a point about learning from the Japanese. But why doesn’t he tell this to the elites rather than us peasants?

The following would have resigned or, bowed deeply asking for forgiveness, if they had had the Japanese spirit

– Wong Kan Seng over escape  of and failure to captiure “terrorist”

– senior police officers for above especially over failure to watch his brother’s flat

– SMRT CEO for failing to set up a system to secure train depot

– his wife for calling $600,000 salary “peanuts”

– PM’s wife for being in charge of Temasek after it lost billions on Merrill Lynch, Barclays, Shin and ABC Learning

– other high ranking Temasek managers for the same

– whoever was responsible for Lions not reaching the 2010 footie world cup

– Mah Bow Tan for failing to anticpate that FTs will live in HDB flats

– transport minister for failing to anticipate that FTs will use public transport

– Water miniter for failing to prevent several consecutive “once in a century” floods.

– Malay minister for failing to keep MM abreast of developments in the Malay cummunity

– Malay minister’s sis for failing to correct MM on Malay integration when she had the opportunity to do so (she was part of team that supposedly challenged MM)

– VivienB for overspending on Kiddie Games

— whoever in MoF who consistently underestimates Budget revenues

– MM for being wrong on Malays, investment in banks etc .

This is not a comprehensive list and I may add to it.

My point is that SM is lecturing the wrong people. Us peasants only grumble. Those who do damage are allowed to “move on” without having to even admit they goofed.

BRICs are the the top four EPL clubs

In Emerging markets on 08/03/2011 at 9:44 am

The boss of PR, advertising and market research conglomerate, WPP, Martin Sorell has an interesting take on how the world economy can be compared to English footie.

“The world continues to move at very different speeds, both geographically and functionally. By means of explanation, perhaps an English football analogy is helpful.

“First, The Premier League consists of the BRICs (Brazil, Russia, India and China) and the Next 11 (Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, South Korea, Turkey, Vietnam) or CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey, South Africa), along with new media (personal computer driven, mobile, video content, social networks).

“Second, The Championship, the United States, because of its size, immigrant, entrepreneurial culture and human and natural resources, along with an economically well-run and high value-added manufacturing export-led Germany and free-to-air television; third, League One, Western Europe, primarily the United Kingdom, France, Italy and Spain, along with newspapers and magazines; last, League Two, Japan, which has been stagnant for almost twenty years. Perhaps the United Kingdom, with its Coalition Government’s emphasis on deficit reduction and long-term growth will gain promotion to The Championship?”

Have the Reds come to this?

In Uncategorized on 16/01/2011 at 5:57 am

Alan Hansen, a former ‘Pool star and now footie commentator writes, If Liverpool play as they have done recently there will be nothing there for them against an Everton side who can be as good or as bad as anything around, but if they defend well then it is certainly within the capabilities of Dalglish’s team to get a result. I think how Liverpool defend will have a big influence on the outcome of the game. Article

This team must be from a parallel universe, where the Toffees are the top team on Merseyside, with a trophy room full of European, and English trophies.

‘Pool fans I met yesterday expect a loss today.

Adopt Arsenal money model – Uefa

In Footie on 15/01/2011 at 6:50 am

Err but where are the trophies? Fans, and owners (most of them unless they are Americans) want glory before money. Footie is more than abt money. It’s abt trophies and loyalties.

Arsenal have been held up as a shining example by Uefa as European football’s governing body prepares to implement tough new financial restrictions.

From the 2011-12 season clubs must break even over a rolling three-year period or risk a possible ban from Uefa European competitions.

Uefa compared Arsenal’s approach to that of clubs with super-rich owners.

“What model waits for a knight rider on a horse and then rides away?” said Uefa general secretary Gianni Infantino.

Arsenal boss Arsene Wenger’s meticulous and sensible approach to spending has helped the north Londoners strengthen their finances over the last 10 years, as some of their rivals’ own position has weakened.

BBC Online article

Managing people, the S’pore way

In Wit on 12/01/2011 at 5:19 am

In the English, Italian, German and Spanish footie leagues, if a team does badly,  the manager gets the sack. The view is that the manager is responsible for managing the players to get them to perform at thier best.

In S’pore, the manager retains his job, the players get the sack, even if the manager has been around for almost a decade.

In Western democracies, the ruling party gets replaced if voters are unhappy.

In S’pore, the ruling party creates GRCS, then super-GRCs, all the time telling the voters they are daft and lazy. And, juz to make sure, imports voters. Reminds me of what Bertold Brecht, a famous playwright and Marxist activist wrote:

After the uprising of the 17th of June

The Secretary of the Writers Union

Had leaflets distributed …

Stating that the people

Had thrown away the confidence of the government

And could win it back only

By redoubled efforts. Would it not be easier

In that case for the government

To dissolve the people

And elect another?

He was writing about the East German government after its soldiers had shot some protesters.

At least here, the unhappy voters are not shot, juz ignored, and threatened with a military coup if there is a” freak election result”.

Uniquely S’porean, this method of managing people.

S’porean may own Liverpool FC

In Uncategorized on 12/10/2010 at 10:23 am

Peter Lim’s the name, and footie is his game? BBC article

YOG: Can S’pore see a monetary return?

In Uncategorized on 16/08/2010 at 7:01 am

The IOC is experimenting with brand extension: renaming the little-known Youth Games as the Youth Olympic Games. Money must be the motive. Likewise S’pore’s bid to host the first YOG. It wants publicity, $ and to see if it has the organisational abilities to stage mega-events like footie world cup or Olympics. http://atans1.wordpress.com/2010/07/29/2020-olympics-spore-will-bid/

What both ignored is that unlike footie world cup and Olympic; the best eligible athletes are not here for YOG.

Would anyone want to see anything less than the best in this age of live sport on tv?

Remember the Olympics almost became irrelevant when amateurs turned pro because of the $ and were barred from Olympics. Pro athletes were let in to keep the interest in Olympics.

Bottom line on publicity: zero.  Seen anything on major int’l or US networks or websites?

On money: based on what VB has said, unlikely. Organisational skills: err saw opening ceremony balls-up?

BBC article on whether S’pore will see a return on investment.

Bosses who take responsibility

In Uncategorized on 25/06/2010 at 10:15 am

Marcello Lippi — Italy’s manager

“I take full responsibility. If I was part of the success in 2006, I have to take the blame for this failure too. If a team shows up at an important game with terror in its heart and head and legs, it must mean the coach did not train them as he should have done. I thought the men I chose would have been able to deliver something different but obviously I was wrong.”

Admiral Michael Mullen, the chairman of the joint chiefs of staff

“I strongly recommended General McChrystal to the secretary of defence and the president to assume this command. Certainly, from my vantage point I feel some responsibility here.”

Certainly not the response we got from the bosses of SMRT (public has to play “their part”), and PUB and Min of Water, and SingTel (thanks to CEO, we kanna screwed on footie).

Perhaps S’pore is as usual behind the curve*.

In the US, the view is now underperformers ought to be fired, to encourage the rest.

Temasek, GIC executives be afraid, very afraid: S’pore always apes the US (in time): look at the “free market” in finance.

*

Selling to multiple (pay-TV) retailers is the norm of the world. What Singapore is trying to do is to become the norm of a competitive, sophisticated pay-TV market,’ Michael Yap, MDA deputy chief executive, told BT.

‘We’re actually quite far off the norm.’

MDA was criticised by content providers after it ruled that from March 12, pay-TV operators that acquired any exclusive content would have to share it with their rivals. Besides trying to prevent bruising bidding wars, the authorities hope to put a stop to the existing practice of hogging popular programmes in an attempt to outdo the competition.

‘We (Singapore) seem to be the odd one out (by introducing cross-carriage) but the truth is that in every developed market from the US to Hong Kong, content is usually sold to more than one retailer,’ said Mr Yap.

‘More than 90 (pay-TV) channels (in Singapore) are available exclusively at one place. No other country in the world has that,’ he said.

Innovation: S’pore versus US style

In Uncategorized on 20/06/2010 at 5:58 am

Or soft skills versus hardware. Two stories from NYT

US style

In a class full of aspiring engineers, the big bad wolf had to do more than just huff and puff to blow down the three little pigs’ house.

To start, he needed to get past a voice-activated security gate, find a hidden door and negotiate a few other traps in a house that a pair of kindergartners here imagined for the pigs — and then pieced together from index cards, paper cups, wood sticks and pipe cleaners.

“Excellent engineering,” their teacher, Mary Morrow, told them one day early this month.

All 300 students at Clara E. Coleman Elementary School are learning the A B C’s of engineering this year, even those who cannot yet spell e-n-g-i-n-e-e-r-i-n-g. The high-performing Glen Rock school district, about 22 miles northwest of Manhattan, now teaches 10 to 15 hours of engineering each year to every student in kindergarten through fifth grade, as part of a $100,000 redesign of the science curriculum.

Spurred by growing concerns that American students lack the skills to compete in a global economy, school districts nationwide are packing engineering lessons into already crowded schedules for even the youngest students, giving priority to a subject that was once left to after-school robotics clubs and summer camps, or else waited until college.

Supporters say that engineering reinforces math and science skills, promotes critical thinking and creativity, and teaches students not to be afraid of taking intellectual risks. Full story.

S’pore style

This island city-state, thanks to its small size and a big public investment, could soon be the first country blanketed with a fiber optic infrastructure so fast that it would enable the contents of a DVD to be downloaded in only a few seconds.

BTW, consumers get screwed here vis-a-vis those in HK (and not juz in World Cup and EPL footie):

But analysts and market observers doubt whether new competition will really develop within the Singapore context, and whether prices of bandwidth for consumers will go down significantly for consumers as a result. Consumers now pay about 40 Singapore dollars per month for broadband access of six megabits per second, which is relatively high compared with Hong Kong, where some consumers pay about 200 Hong Kong dollars, or about 36 Singapore dollars, a month for service of one gigabit per second.

‘Pol: Lingering death?

In Uncategorized on 17/04/2010 at 4:12 am

One was the worse kept footie secrets is out.  The present owners want out of  ’Pol after saddling it with massive debts, not winning the EPL, and now playing for the foreseeable future in the Europa League, Europe’s second tier competition. Article. Pls read the bit in bold below on the chances of a sale.

Goldman Sachs, an investment bank, was considering buying ‘Pol.

That they developed a business model – however sketchy and premature Goldman Sachs would like us to think it was – based on the development of Liverpool’s new stadium should give hope to the club’s long-suffering supporters

..  it is revealing that a deal put together by a bank of that stature – and after so many failed attempts to resolve the financial problems at the club – still fell down because the price Hicks and Gillett were asking was too high.

Small- hearted Evertonians will be pleased that No Europe for Everton is coupled with ‘Pol playing in Europa League next season and ownership instability.

SingTel: Gd new, bad news

In Telecoms, Temasek on 26/03/2010 at 5:15 am

“Bharti has tied up US$7.5bn of loans through Standard Chartered, Barclays and a roster of other international banks to fund its $10.7bn bid, which includes $1.7bn of Zain debt. The State Bank of India has also promised up to $1bn more to cover associated deal costs. At a reported interest rate of 2 percentage points over Libor, Bharti is being charged less than many investment grade companies would expect to pay”, FT reports.

So Bharti is on track in its purchase of  Zain. And SingTel will have exposure to Africa.

http://atans1.wordpress.com/2010/02/17/singtel-during-the-hols/

The bad news is that Thailand’s government will present a plan in two months to “create a level playing field” for telecom firms, including possible compensation for changes to concessions, said Prime Minister Abhisit Vejjajiva.

Prosecutors will also make a decision on whether to seek damages over royalty payments to state-run TOT from Advanced Info Service, Thailand’s biggest mobile phone company that was owned by  former PM  Thaksin Shinawatra via Shin.

But SingTel and Temasek will be comforted that the Finance Minister said: “Whether there will be retroactive pursuit of fees forgone by the government from the company is unlikely. I don’t feel that it would be fair to go after shareholders of these companies for adjustments in the concessions that were made by the previous owner.” Remember AIS is an associate of SingTel and Temask has a 79% economic interest in Shin that is AIS’s controlling shareholder.

http://atans1.wordpress.com/2010/03/14/singtel-collateral-damage-from-shin/

The concession of True Corp, Thailand’s third-biggest mobile operator, is set to expire in 2013. AIS’s expires in 2015 and Total Access’ in 2018. Each firm negotiated amendments to the original concessions, which the government’s legal advisory body said in 2007 failed to comply with the law.

Update

More bad news: SingTel’s and StarHub’s joint bid for World Cup footie has been rejected. Footie fans will know who to blame if SingTel doesn’t cough up more (don’t see why StarHub would). If it does, it will lose money. Peanuty amounts but still money.

Makes me ashamed to be from RI. The CEO is an RI gal. RI boys don’t do such dumb things, only RI gals.

SingTel: Local talent policy not working

In Uncategorized on 25/03/2010 at 1:15 pm

Err been receiving phone calls from irate footie fans telling me that SingTel shows that local talent can juz be as crappy as foreign talent.

They point out that SingTel’s EPL bid has resulted in them having two box-sets, paying two subs, and maybe no world cup footie.

And they point out that the CEO is from RI. Err I can only say I never liked the gals in RI policy. They lowered standards.

DBS: What the new chairman shld be looking at

In Banks, GIC, Temasek on 24/03/2010 at 5:27 am

CIMB is regarded as having overtaken DBS in the race to become a leading bank in the region according to Ranu Dayal of  Boston Consulting, BT reported a few days ago, though DBS remains the biggest South-east Asian bank by market capitalisation.

Hey whaz this?

CIMB is from M’sia, a country that is not as meritocratic as S’pore according to the then SM and PM  in the 1990s, now MM and SM respectively. While SM cocks things up regularly (for example, in the 1990s and early noughties, when he was PM, S’pore got complacent and productivity fell), MM gets most things right.

So how come CIMB overtakes our national banking champ (err shld it be chump?). Makes me ashamed to be a S’porean. I mean the meritocratic policy is in this region “uniquely S’porean”

Wait a minute, DBS has had Foreign Talents as CEOs and senior executives since the late 1990s. Could this be the problem? The FT policy trumps the meritocratic policy.

I am surprised that anti-government subversives are not using DBS to show up the government.  Given the track record of DBS,  one could reasonably argue that the FT policy is rubbish — overpaying for Dao Heng so much so that DBS had to take an impairement charge of over S$1 billion; making its Treasured clients (they are only S’poreans, not “countrymen”) poorer (HN5 notes); and running down the expensively acquired POSB brand before realising its potential and spending $ rebuilding the brand.

And the SDP and friends can reasonably cite CapitaLand, another TLC, as an example where FTs are scarce, but where locals do well at managing a TLC. The CEO is a local and so are many senior executves. It is the leading regional property company (by reputation and market cap) and a big player in China. More than can be said of FT-laden, spastic DBS.

Of course, one could argue that there is no casual relationship between bad performance and being FT-laden,and gd performance and being local-led.  And that one FT- laden bank does taint other FT-led companies. So look at the other listed TLCs — Keppel, KepLand, SembCorp, SIA, SATS, ST Technologies, SIA Engr, SingTel, Starhub, M1 and NOL. And judge for yrself.

Back to DBS, yesterday BT had an article speculating what the incoming chairman could do for shareholders. Well he could relook the FT policy at DBS: is the policy flawed or just that the wrong FTs were recruited? Too many people from Citi, the bank that the US government had to rescue? As a HSBC shareholder and customer, I can attest to the damage that these ex-Citbankers did before they moved on.

Update on 25 March 2010

Footie fans (FTs and those who hate RI, I assume) insist I post this to show that locals can be as rubbishy as FTs.

http://atans1.wordpress.com/2010/03/25/singtel-local-talent-policy-not-working/

La Liga: “We love the English model”

In Uncategorized on 07/03/2010 at 5:26 am

While S’poreans rant online about the presence of FTs, Francisco Roca Perez, La Liga’s chief executive, said he intended to encourage non-Spanish investors to look on La Liga clubs as an alternative to the EPL.  This move is aimed at shoring up the precarious finances of many La Liga clubs.

This is despite Real remaining the world’s richest club and Barce taking second place, ahead of MU who drop to third. Arsenal, Chelsea and Liverpool are fifth, sixth and seventh respectively.  The dominance of the EPL is despite the weakness of sterling against the euro.

The richest footie clubs.

SingTel: African indirect approach is best

In India, Telecoms, Temasek on 23/02/2010 at 5:19 am

I read a media report that some analysts were querying when it didn’t invest in Africa direct, rather than allow Bharti to buy Zain’s African assets.  My tot,” what weed are these analysts on?”

Well for starters, the Indian govt would not be impressed with SingTel, Temasek and the S’pre govt if SingTel used its32% in Bharti to flow Bhart’s African ambitions which have the Indian govt’s blessing. Remember India thinks it has to counteract China’s grow influence in Africa.

And Bharti wants Africa. It made two attempts to merge with MTN,Africa’s largest telco.

If SingTel tried to use its 32% stake in Bharti to kill Bharti’s African ambitions,  SingTel, Temasek and the S’pore govmin would be the losers, just like us footie fans because the EPL bid has caused FIFA to raise the price of World Cup footie for us.

Then also SingTel’s mgt expertise is in developed couuntries — Little Red Speck and the Lucky Country.  Its ventures in India, Indonesia, Thailand, the Philippines, and Bangladesh: countries which once in trlco terms are like Africa today are thru associates where mgt are in the hands of experienced local mgrs who are not SingTel employees.   Zain is selling out partly because it can’t make serious $ in Africa. Africa generated about 45% of group revenues in the first nine months of last year but only 10% of net profits. Its managerial experience like that of SingTel is in developed telco mkts.

And would straight-laced, conservative SingTel be able (or want to or would we want it) to deal with cowboys in chaos. Example:   The privatisation of Nitel, Nigeria’s former state telecoms monopoly, is in a mess.  The Nigerian government found itself arguing with some of the preferred bidders over whether they had, in fact, bid at all. China Unicom – named as part of the winning consortium – said “it had not started any negotiations with respect to any substantive and legally binding agreements. It said its unlisted parent had not had any direct discussions with parties to the proposed privatisations. It said the European arm had been “in contact with potential bidders” for Nitel but did not name them,” according to the FT. At first, Unicom said it knew nothing of the bid.

Nope better for SingTel to let Bharti do the work. With all its experience, its share price is 11% down since the annc. of the Zain deal.  Clearly there is some concern.

If we don’t get to see the World Cup, SingTel will have a massive PR crisis on its hands in its home mkt. It doesn’t need Africa to add to its woes.

EPL: Recession, what recession?

In Uncategorized on 20/02/2010 at 6:54 am

“Football is a funny old game, or so the saying goes. But as a business, it is also more than a little eccentric.

‘It is an industry in which the key players generate enormous wealth, yet many continually walk a financial tightrope – and inevitably, some fall off.

‘The English Premier League is one of the richest sporting series in the world. Since its inception in 1992, it has generated ever greater riches for its members.

‘At the heart of the League’s earning power is the sale of TV rights.

‘In the UK alone these are worth £1.8 billion over three years. Overseas TV deals, internet and mobile phone rights add another £1bn.

‘But clubs have many other income streams as well, including sponsorship, ticket revenues and the sale of branded goods. The top teams can also expect to reap substantial rewards from European competitions.

‘What is remarkable is how little those revenue streams have been affected by the economic downturn.”

Full article

Now you know why SingTel had to sabo StarHub to provide us with EPL footie. And why FIFA is demanding the amount it is demanding for World Cup footie.

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