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Archive for 2018|Yearly archive page

Gods punishing Potong Pasir residents for voting PAP?

In Media, Political governance, Public Administration on 31/12/2018 at 10:32 am

In the space of the last few days, the constructive, nation-building media reported without comment (Imagine if these bad things had happened in Aljunied or Hougang?):

Giant trap to control Javan Myna population trialed in Potong Pasir
and
Burst pipe in Potong Pasir leaves homes without water for several hours
It could be that the Gods are punishing the residents of Potong Pasir for preferring material benefits that the PAP offers in return for deserting the Chiams.
Will the residents repent abandoning the Chiams in 2011 and not turning back to them in 2015? Will they vote for Mrs Chiam in next GE?
Seriously, I’m shocked that anti-PAP publications like TOC, TRE and The Idiots, and the cybernuts on social media are not using the incidents to show that the PAP govt is incompetent: it can’t even look after areas that support the PAP.
Maybe, these people are on luxury holidays overseas and so missed the news.
But most probably, the cybernuts (not enough money to even donate peanuts to keep alive TOC and TRE let alone go on luxury hols) are distracted by what they consider as the persecutions of Uncle Leong, Terry and Daniel Augustin De Costa aka Willy Sum: PAP & strategic distraction
Or even more likely, the PAP has succeeded in frightening the chickens and sheep by suing a few monkeys.
What do you think?
Prosperous 2019. Vote wisely but not for the three stooges: Mad Dog, Lim Tean, Meng Seng where are yr durians?. And make a distinction between Dr Chee and the SDP.
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Returns of 2018: What returns?

In Financial competency on 31/12/2018 at 6:33 am

Still waiting for Lim Tean’s Christmas present

In Uncategorized on 30/12/2018 at 6:51 am
Sorry to sound like Gringe, but I can’t find the defamation video. Not released yet isit? Tot u said it would be Christmas present. U meant Christmas present for 2019 isit?
(Adrian Tan posting on Lim Tean’s FB. Lim Tean was KPKBing about PM suing his client.)
Addition at 6.55 am: Maybe Lim Tean thinks he’s like the Magi. They gave their presents to the Christ child on Epiphany, which falls on 6 January 2019.

Tis the week of Christmas trading

In Uncategorized on 30/12/2018 at 4:05 am

US stocks settled almost where they started on Friday, but only after a volatile day of trading that capped one of the wildest weeks on Wall Street in recent years.

FT

With enemy like Tun

In Malaysia on 29/12/2018 at 11:00 am

PAP doesn’t need give away too many bribes goodies before next GE.

It can raise GST by 2% 2 points before GE and still win 70%. All it needs is Tun continuing to threaten S’pore. As I told one of Anwar’s pals and a former adviser of Tun, last week, with an enemy like Tun, the PAP doesn’t need to worry about winning 70% of the votes.

But then maybe, Tun has a secret Swiss bank account …

igNoble Hse omnishambles puts spotlight two int’l accounting firms

In Accounting, China, Commodities, Corporate governance, Emerging markets on 29/12/2018 at 4:03 am

In the coming yr, investors, creditors and S’porean regulators of Noble will be singing

Fee-fi-fo-fum,
I smell the blood of an accountant from Ernst & Young or PricewaterhouseCoopers,
Be he alive, or be he dead
I’ll grind his bones to make my bread.

The back story

Noble Group is facing insolvency after authorities in Singapore said the crisis-hit commodity trader would not be able to list shares in a new entity, dealing a potentially fatal blow to its emergency debt restructuring.

Singapore’s white collar crime agency, its de facto central bank and the regulatory arm of the country’s stock exchange said they had “significant uncertainties about the financial position of ‘New Noble’”.

In a statement they said “New Noble’s” net asset value could be as much as 45 per cent lower than stated by the company when local standards stipulated by Singapore’s Accounting and Corporate Regulatory Authority were applied.

“It would be imprudent to allow the re-listing as investors will not be able to trade in New Noble’s shares on an informed basis. Monetary Authority of Singapore and Singapore Exchange will therefore not allow the re-listing of New Noble to proceed.”

FT a few weeks ago

The auditors were and are the Hong Kong arm of Ernst & Young

But they are not the only ones facing questions.

Noble Group’s Chief Executive Yusuf Alireza sought to draw a line under a long-running accounting dispute after a report by board-appointed auditor PricewaterhouseCoopers (PwC) found no wrongdoing in the company’s accounting practices.

https://www.reuters.com/article/us-noble-group-accounts/pwc-says-noble-groups-accounting-practices-comply-with-rules-idUSKCN0QF0Y420150810

 

The need for alt media

In Media on 28/12/2018 at 11:04 am

Terry Xu should not have been charged with criminal defamation because he took down the artcle when the authorities were unhappy.

Whatevwer, here’s TOC’s pitch on the need for independent media. Do watch the video.

While dated, … the Q&A session provides us with much insight into the media industry in Singapore and reasons why Singapore needs to support independent media to ensure rights for citizens are looked after.

This is the link to the Q&A session TOC is talking about: https://www.facebook.com/theonlinecitizen/videos/219966588933713/

TOC introduced the video with:

Readers have asked to view the full clip where CNA journalists voiced their views about how they see their job in SIngapore as journalists and here it is.

Taken back in 2016 during a presentation by journalists in Channel NewsAsia/Mediacorp at the Singapore University of Technology and Design, the presentation was titled, “Everything you ever wanted to know about TV & Media but were afraid to ask”.

Steve Chia is a Presenter / Editor at Channel NewsAsia who has been there for 13 years. He is captured on video saying, “Media is not the…watchdog to pounce on politicians and not to hold people accountable. That is not our role here.”

Lam Shushan is a digital journalist at CNA for 4 years. She says, “I don’t want to be the watchdog of politicians”.

Low Minmin is a producer at CNA for 5 years. She shares the struggle that she is in, trying to get her story out despite the censorship.

Two of the younger journalists were not meant to be the speakers but were replaced the day before. They were asked to replace Hoe Yeen Nie and Kane Cunico.

The journalists were aware of the video recording just that this video only surfaced at this point.

While dated, but the Q&A session provides us with much insight into the media industry in Singapore and reasons why Singapore needs to support independent media to ensure rights for citizens are looked after.

-44:31

Law on sharing defamatory articles

In Uncategorized on 27/12/2018 at 9:33 am

Uncle Leong is playing the innocent victim, saying he juz shared the infamous article on social media.

“He does not assert that what the article said or is alleged to have said was true,” said Mr Lim [Lim Tean, Uncle Leong’s lawyer] in Mr Leong’s defence, adding that all Mr Leong did “was to share without endorsement or comment a link to an article” which had been sent to him on Facebook.

 

The cybernut brigade (CB?), the anti-PAPpists’ answer to the PAP IB, have said that since Uncle Leong has been sued, everyone else sharing said article should also be sued. And if they are not sued, why not? They got a point and it’s juz like these nuts to want to sabo other cybernuts who shared said article.

Sorry back to “sharing” as defamation

Repeating defamatory matter

 

The general rule in English law is that it is no defence in an action for defamation for a defendant to prove that he was only repeating the words of another. Accordingly, if producers wish to repeat potentially defamatory allegations, they must always seek legal advice. It may be that we will safely be able to repeat the allegations because, for example, the reporting is covered by privilege, but advice from the programme lawyer must be sought. On matters of public interest, the neutral reporting of disputes between third parties, where allegations are not adopted or endorsed, is likely to be defensible but again advice from the programme lawyer must be sought.

https://www.channel4.com/producers-handbook/media-law/defamation/intentional-accidental-defamation

Need I say more than that S’pore law is also liddat.

 

Economy: No cheer from UOB

In Economy on 27/12/2018 at 7:04 am

But for the record it was too pessimistic about December’s and this yr’s overall manufacturing growth (see highlighted bit)

UOB said the 90-day truce between the US and China “may have given manufacturing (especially electronics production here) a new lease of life, albeit temporarily”.

It also warned that if the current increase is mainly due to the frontloading of imports before the potentially higher tariffs kick in after Mar 1, then the resulting payback in 2019 is “likely to be magnified and translating to a weaker manufacturing growth next year”.

UOB had earlier forecast a full-year manufacturing growth of 7.7 per cent for 2018, up from the previous 7 per cent, implying a December industrial production (IP) growth forecast of 2.6 per cent year-on-year. However, it maintained a GDP growth forecast of 3.4 per cent, which implies a Q4 growth forecast of 2.6 per cent year-on-year.

“But the uptick in Oct/Nov manufacturing may add further upside to that forecast,” it said.

However, UOB added that it still expects IP to moderate next year, projecting a 2.5 per cent growth in 2019, down from the previous 3 per cent.

“We also continue to be cautious about Singapore’s manufacturing sector due to the high base effect and the global electronics slowdown which could eventually take a more material toll on the electronics cluster,” it said. “Another main negative factor is the rocky global trade developments (i.e. US and China) with potential negative spill-overs to manufacturers here, both in terms of slowdown in export orders and business sentiments. Weaker China growth in 2019 will also pose a drag on Singapore’s goods and services demand.

“That said, some of the negative impact to trade may be offset by relocation of production into South East Asia, and that may benefit Singapore’s manufacturers and trade-related services and cushion some of the loss in demand from China, but the potential time lag between relocating production into ASEAN and reaping the relocation benefits will still mean downside growth risk to manufacturing in 2019.”

Read more at https://www.channelnewsasia.com/news/business/singapore-manufacturing-output-up-7-6-november-11063514

NUS: Someone’s lying about communications and new media dept

In Media on 26/12/2018 at 12:06 pm

Only our constructive, nation-building media will report a story where one side is clearly lying (Ok, OK misrepresenting the truth) without trying to establish which side is faking the news.

Exodus of lecturers in NUS department, discontinued modules worry students

[…]

Prof Yue and deputy head, Associate Professor Zhang Weiyu, in an email — which TODAY obtained a copy of — sent to students on Dec 4.

They noted that lecturers who had quit taught a total of 35 modules, without specifying the number of lecturers who resigned. While they acknowledged that there are “short-term teaching gaps left by these staff”, the department “rested only three modules”.

https://www.todayonline.com/singapore/exodus-lecturers-nus-department-worries-students-modules-discontinued

But

Former lecturers said the department had offered close to 130 modules during Prof Dutta’s tenure. After Prof Yue took over, 75 modules — or over half of them — were discontinued.

After students raised concerns over the adequacy of options, the number of modules axed was reduced to 56. Majority of the modules were discontinued, while a few were merged.

The final tally of 56 modules axed was stated in a Dec 4 internal proposal titled “Curriculum Review and Update” which TODAY obtained a copy of. It was vetted by Prof Yue and submitted to the Board of Undergraduate Studies for approval.

The proposal said that the 56 courses were no longer offered and would officially take effect from August 2019. The proposal also listed the new tally of modules that will be offered — 73.

The discontinued modules included news reporting and editing, smart cities, digital media and political communication, as well as photography, visual rhetoric and public culture.

Only our constructive, nation-building media will report a story where one side is clearly lying (Ok, OK misrepresenting the truth) without trying to establish which side is faking the news.

But alt media is nothing to write home about. Tomorrow I’ll blog about a TOC writer that should be locked up for faking financial news. No I don’t mean Terry who doesn’t deserve being charged for criminal defamation because he took down the offending article when told the Ministry of Truth that it was unhappy.

LTA should grab Grab’s balls or Gojek

In Infrastructure on 26/12/2018 at 4:11 am

Seriously the A-Rabs have come up with something interesting that we should copy asap.

On Christmas eve, it was announced that Dubai is to launch a company with Careem, the regional rival to Uber, to manage the ride-hailing system for all taxis operating in Dubai, the Gulf’s S’pore.

The Dubai authorities said this would be the world’s first partnership between a government regulator and a private ride-hailing app. Dubai, like other regulatory authorities, has clashed with fast-growing ride-hailing companies challenging the dominance of traditional taxi services.

Careem said

— it would have a 49% in the joint venture, which would manage e-hailing systems and online payments for almost 11,000 taxis; and

— the venture could be expanded to include other transportation services, such as buses, as Dubai seeks to extend its regional leadership in technology innovation of government services.

If Grab refuses to play ball with LTA, LTA should try Gojek.

Christmas laughs from our comic lady in London

In Uncategorized on 25/12/2018 at 12:06 pm

Our High Commissioner in London had me in stitches with this

Singapore responds

Given The Economist’s belief in free speech and robust debate, I found it surprising that Banyan (December 1st) took issue with my letters to The Economist. Apart from quoting anonymous readers, Banyan selectively failed to mention that I had also argued that in our consistently contestable elections, the People’s Action Party could well lose power, and would deserve to do so if it ever became incompetent and corrupt. I write not to defend any political party, but to set the record straight and provide your readers with the facts to judge for themselves.

This time, Banyan made patronising backhanded innuendos about Singapore’s ongoing political succession. The ruling party has indeed settled on Heng Swee Keat as its next leader. But the prime minister in Singapore must command the confidence of the majority of members of parliament, no different from British prime ministers. Provided the party wins the people’s support in the next general election, due by April 2021, Mr Heng will take over from Lee Hsien Loong as prime minister.

Banyan equated democracy with freewheeling, rambunctious politics, divisive national debates, inter- and intra-party politicking, and quick changes of prime ministers and cabinet ministers. He dismissed Singapore’s political culture which strives for continuity and consensus in seeking the mandate of the people.

So far our system has produced accountable and stable governments, and progress and security for Singaporeans. And that surely is the ultimate test of any political system.

FOO CHI HSIA
High commissioner for Singapore
London

Economist – Christmas, holiday edition

Merry Christmas and a Prosperous New Year. Make money.

Why Oxygen and other cybernuts are having orgasms this Christmas

In Financial competency, Financial planning, Property on 25/12/2018 at 4:17 am

They are always wishing ill to striving S’poreans, some of whom are having problems this Christmas, and so making Oz tax dodger Oxygen and his other cybernuts pals really very happy.

The number of properties put up for auction surged by almost 50 per cent this year compared with 2017, even as the number that successfully went under the hammer fell sharply.

There was a rush of listings in the final three months of this year, with more than a third put up in the fourth quarter, according to data released by property consultancy Knight Frank on Friday (Dec 21).

There were 1,120 properties put up for auction — the highest since 2011 — a 47.4 per cent increase from the 760 listings last year.

Out of the 1,120 listings, 41.9 per cent were residential properties, 22.9 per cent were retail units and 24.8 per cent industrial properties.

https://www.todayonline.com/singapore/properties-put-up-for-auction-surge-2018-knight-frank

But let’s be fair to these cybernuts. Only greedy PAP voters who are the cousins of cybernuts mortgage themselves to their eyebrows eyebrows and beyond.

Whatever, Merry Christmas to all.

And ensure a Prosperous New Year by voting wisely. And I don’t mean voting for Mad Dog, Lim Tean or Meng Seng.

“Man bites dog” story becomes

In Uncategorized on 24/12/2018 at 5:10 pm

the usual “Dog bites man” story

A video showing a lorry knocking over a cyclist after the latter hit its side view mirror on Saturday (Dec 22) has gone viral online, triggering a spirited debate over who was at fault.

Merry Christmas and a Prosperous New Year.

 

“Nine” not “Eight” is unlucky for Xi

In China on 24/12/2018 at 10:43 am

Why “Nine” is his and the CCP’s unlucky number.

China gets nervous about the number nine. Years ending in nine bring a clutch of awkward anniversaries that worry China’s leaders. In 2019 it is 100 years since the May Fourth Movement, a much-celebrated protest, and 30 years since the bloody suppression of student-led demonstrations in Tiananmen Square.

https://worldin2019.economist.com/fromtheeditor

The fully monty: https://worldin2019.economist.com/xijinpingsworries

 

S’pore value screens by KGI Securities

In Financial competency, S'pore Inc, Temasek on 24/12/2018 at 4:47 am

Value in MSCI Singapore Index: KGI Securities

Can S’poreans game this kind of test?

In Uncategorized on 23/12/2018 at 9:52 am

One thing that the anti-PAP types don’t give credit for the PAP govt and elite school students (and I don’t include Hwa Chong, SCGS, RGS and ACS (I) as elite schools) is their ability to game tests.

Think they can game this?

Over the past four months, 2,000 people trying to get hired by McKinsey have been plonked in front of a computer screen showing a picture of an island and these words: “You are the caretaker of an island where plants and animals live in a variety of diverse ecosystems.” This is the start of a computer game the consultancy is testing as it tries to lure clever, tech-savvy people from beyond its traditional Ivy League business school hunting grounds.

McKinsey’s island game was built for the firm by a US start-up called Imbellus whose 20-something founder, Rebecca Kantar, wants to drastically reshape the way we measure people’s abilities. Ms Kantar is a Harvard dropout who thinks that in an age of rising automation, people should be tested on how they think, not just what they know and employers need to understand the skills that define human intelligence. A lot of influential people are backing her. Forbes has just ranked her company one of the highest funded start-ups for 2019 by a founder under the age of 30.

PAPpy rules OK in Illinois, the US of A

In Uncategorized on 22/12/2018 at 1:27 pm

Not in S’pore but in the Land of the Free, where the buffalo roam and where Amos Yee is learning that freedom of expression has a price: conform or starve

No state Speaker in America has served longer than Michael Madigan in Illinois. Mr Madigan has held the office since 1983 (a two-year hiccup in the nineties aside). For years his name, in elegant black letters on white glass, has glowered above the door of room 300 at the Capitol in Springfield. None of the grey-suited lobbyists who mill in the corridor before it can imagine him gone. Nor can he. This week he arranged for the Democratic caucus to return him, yet again, to his job.

https://www.economist.com/united-states/2018/12/01/machine-politics-as-illinois-marks-its-200th-birthday

PAP should confer honorary membership on him.

Or maybe not:

his co-ownership of a Chicago law firm that specialises in helping clients appeal against property-tax appraisals handed out by officials in Cook County (which covers the city). The tax office used to be led by a pal of Mr Madigan.

PAP believes in “whiter than white”. And “whiter than white”, he’s not.

M’sia, S’pore are like …

In Malaysia on 22/12/2018 at 5:13 am

Singapore and Malaysia are like two siblings, younger one graduated from university with a MBA and the older one from a special school and suffering from perpetual inferiority complex…but pretending that he is truly special….

FB post

So juz ram (and sink) that trespassing ship to show who is tua kee.

Lim Tean that cock lawyer meh?/ Video to be released soon

In Uncategorized on 21/12/2018 at 10:44 am

That cock lawyer meh?

Not me, but the judge that dismissed his defence that he did not owe money and that the amount claimed was not a loan but down payment for iron ore that plaintiff was buying from Lim Tean the miner.

There were also no supporting documents provided by Mr Lim to show that both parties had reached an agreement regarding the sale and purchase of iron ore. DJ Tan noted that Mr Lim in an email had also acknowledged the loan.

“The language of the email clearly amounts to an unequivocal admission of the loan, and as put by the learned deputy registrar ‘flatly contradicts (Mr Lim’s) case’,” she said.

District Judge Tan added that if the money transferred to Mr Lim was indeed a downpayment, “in my mind, it simply belies belief that (Mr Lim), being a qualified lawyer”, would send an email that not only “characterises the earlier payment as a loan, but also promises payment within a specified time and expressing regret for delaying payment”.

https://www.todayonline.com/singapore/application-filed-declare-opposition-leader-lim-tean-bankrupt

Update on video

A few hrs after the publication of Finally Lim Tean called to account on a “broken promise”, he finally broke over one year’s silence on the video by saying on Facebook that his defamation video (remember it was promised for Sept, then Nov last yr) was ready. He would release it next week.

We shall see. Better late than never.

Still urging Tun to take leadership in SE Asia; PJ, Kirsten?

In Malaysia on 20/12/2018 at 10:31 am

According to Kirsten Han, PJ Thum “urged (Mahathir) to take leadership in Southeast Asia for the promotion of democracy, human rights, freedom of expression and freedom of information”.

Kirsten Han trying to defecate herself and PJ out of self-made crater

Do they still believe that he’s the messiah SE Asia needs?

NHS rubber gloves made in Malaysian factories accused of forced labour

Exclusive: firms supplying health service allegedly exploit thousands of migrants

https://www.theguardian.com/uk/business

(Their favourite ang moh newspaper)

Champion for human rights ? What champion  for human rights?

And does a champion for human rights do this?

in September, Dr Mahathir told the United Nations General Assembly that Malaysia would ratify all the human rights conventions it had yet to adopt, a total of six, including the measure against racial discrimination.

Then, Dr Mahathir had promised that Malaysia will espouse the principles promoted by the UN in its international engagements, saying: “It is within this context that the new government of Malaysia has pledged to ratify all remaining core UN instruments related to the protection of human rights.”

But he had added: “It will not be easy for us because Malaysia is multi-ethnic, multi-religious, multicultural and multilingual.”

Later in November, the Malaysian government backpedaled on its decision and chose not to ratify ICERD because it would require a two-thirds majority in parliament to amend the Federal Constitution.

“ICERD promotes freedom and less discrimination. Article 153 (of the Constitution) gives some privileges to the indigenous people, which means some may interpret it as being discriminatory,” Dr Mahathir had told the media. “If we tried to abolish these privileges, it will go against Article 153.”

The Pakatan Harapan government does not have a two-thirds majority in Parliament. Furthermore, several Pakatan Harapan MPs stated that they were not in favour of the ratification.

The proposed ratification of ICERD had also drawn criticism and protests from government and opposition representatives as well as NGOs.

Many feared that its implementation may undermine some of the privileges enshrined in the Federal Constitution and dilute privileges for ethnic Malays, who form the majority in the country.

Read more at https://www.channelnewsasia.com/news/asia/anti-icerd-rally-umno-pas-kl-white-shirts-11013422

Are these the reasons why the diabolical duo are so quiet about Tun’s behaviour towards S’pore recently? They don’t know where to hide their asses?

I doubt they are ashamed of their actions because they are the kind of people who believe in “Licking the ass of the enemy of my enemy”.

Whatever two cheers for Tan Kin Lian: he has

the balls to speak out in support of Tun unlike Tun brown nosers Tan Wah Piow, PJ Thum and Kirsten Han* ( “Antics Of Civil Society Activists Endanger Opposition Cause”); and Jolovan Wham: Nothing wrong in asking Tun M to intervene in S’porean affairs. Their silence is deafening shameful and in character. Sad.

Tan Kin Lian thinks Tun is more sinned against than sinning

Send this to yr PAP minister, MP

In Footie on 19/12/2018 at 3:05 pm

High salary means f*all. Last season Sity won Premier League and recently both teams thrashed MU.

United’s average first-team player wage last season was £6.5m, ahead of City’s £6m, and well clear of Liverpool’s £4.9m, according to the website Sporting Intelligence.

FT

Finally Lim Tean called to account on a “broken promise”

In Uncategorized on 19/12/2018 at 6:49 am

September 2018 was the first anniversary of Lim Tean’s failure to deliver on his jobs rally and defamation video: he had claimed he had raised money to ensure the success of these projects. Mo pix, no sound: Lim Tean’s first anniversary of BSing

Also no pix, no sound on class action law suit against CPF despite side-kick claiming that

Once the required resources, not just financially, are in place and before the suit is launched, there will be more updates. Action speaks louder than words.

Phillip Ang

CPF class action: Phillip Ang’s “reply’ to fellow cybernut?

Since then, no picture, no sound like Lim Tean’s other two crowdfunding projects.

So good that a judge has called time on what she says is a broken promise by Lim Tean

In her summary judgment, she said: “On my examination of the documents… it was clear to me that they were inadequate to support the defendant’s assertion that the sum of US$150,000 was a down payment for the sale of iron ore to the plaintiff’s company.”

The judge also said Mr Lim’s e-mail was an “unequivocal admission” of the loan.

ST

More details about email:

“On or around Feb 21, 2017, the defendant e-mailed the plaintiff to say, among other things, that he was ‘making arrangements to start paying (the plaintiff) back within the next two months’.

“The defendant also stated that he regretted the ‘long delay’, was ‘very sorry for the inconvenience caused’, and assured the plaintiff that the loan would be repaid.”

Lim Tean is appealing the judge’s ruling. Will he say, “I always break promises so I shouldn’t have to repay”? Btw, his pa was an early head of PA must be spinning in his grave. Btw2, last yr this time he was paying $15,000 in rent a month for a black-and-white bungalow. Don’t know if he has moved on.

 

 

Will Cybernuts keep TRE going? Don’t hold yr breath

In Uncategorized on 18/12/2018 at 6:45 pm

TR Emeritus needs financial support

Dear readers

It’s a little awkward, so we’ll get straight to the point: On 1st December, we informed our readers that we are going on a semi-hiatus so that we can repair and upgrade our software and hardware to keep TR Emeritus (TRE) alive. [LINK]

We also humbly made an appeal for financial support to help us offset the estimated SG$10,000 costs for the needed upgrading of our software and hardware, but to date we have only received about US$90, which is way off the amount needed to effect the necessary.

Our appeal for financial assistance is displayed close to 100,000 times a day, but currently only 6 have donated.  If everyone reading this donated a small amount, we could keep TRE going for a few years. The price of a cup of your morning coffee is all we need.

When we revived TRE in 2011, many warned us that we’d regret it because Singaporeans are basically apolitical and support for alternative websites are weak given the “fear factor” in many.  It would also be hard to generate enough income to keep the website going.

But we decided to revived it anyway because we are not out for profit, we want TRE to be a neutral platform for learning and healthy discourse. It unites all of us who love knowledge: contributors, readers and the supporters who keep TRE going.

The heart and soul of TRE is a community of people working to bring you unlimited access to reliable and neutral information,  and a platform for all readers to voice their opinions regardless of their race, religion or political affiliations.

We did appeal for donations in the past but we have never been able to meet our target and have had to top up from our own pockets. This time round, it may be our last appeal because TRE is falling apart and will die of old age (literally) in a few months, maybe in a year if we are lucky – if we do not perform the upgrade. Unlike in the past when there were 7 of us, there’s only 3 of us now and we cannot afford to fork out the difference anymore.

So, if you believe in what we do, please take a minute to contribute and help us keep TRE going. Thank you!

Team@TR Emeritus

.

The problems which TRE is currently facing (excerpts from original post):

1. The platform and system (software) which the TRE website is running on have become outdated (since 2011) and needs to be re-coded and upgraded because current OSes are no longer supporting it.  Without re-coding the platform and upgrading the system, we are no longer able to update the website with the latest plugins and widgets necessary for the smooth operation of TRE.

Although our techie was able to upgrade the system to the bare minimum required for TRE’s outdated platform, the website is churning out errors on a daily basis and there is nothing our techie could do anymore. Simply put, TRE is falling apart and has to be upgraded soonest (or it will die of old age, literally).

Since our current theme is heavily enhanced and modified (by 3rd party programmers), conventional upgrading of the platform to the latest version supported by current system and OS just won’t cut it. Our techie have experimented with this many times over the months, each time failing to port the database over.

As such, we are left with no option but to engage the services of 3rd party programmers to effect the necessary. What needs to be done is beyond our techie’s pay grade.

Once we are able to complete the upgrade, we would like to proceed to migrate our current Core I7 servers to E5 servers to handle the extra load which the upcoming General Elections is expected to bring.

We will also be engaging a few writers to contribute, if our finances allow.

* Amount collected will be updated daily in the sliding announcement tab at the right-bottom of the website.

** Please note that all donations are purely voluntary and unconditional.  TRE gives no promises whether expressed or implied to any individual or organization of any return in kind or favour or whatsoever, other than the continued operation of our website. Please do not make a donation if you are not comfortable with the above stated, or for any reason whatsoever.

 

What Meng Seng and TOC don’t tell us about dispute with Tun

In Malaysia on 18/12/2018 at 10:31 am

Further to his rant that I covered in “Licking the ass of the enemy of my enemy” Meng Seng came up with another piece along the same lines: sceptical about what the PAP govt says about the dispute

Meanwhile Terry’s Online Channel continues propagating its scepticism about what the PAP govt says on the dispute: (Fact: Terry said on FB that the dispute was over port limits, not territorial waters. Even M’sia says it’s about territorial waters. Whatever, at least Terry is not as mealy-mouthy as Meng Seng when it comes to agreeing with M’sia. Meng Seng while dissing the govt’s claims throws plenty of smoke so that he cannot be accused of being unpatriotic. Btw, I don’t doubt Terry’s patriotism, but have serious doubt that Meng Seng has the best interests of S’pore in his heart. )

Here are two facts that TOC AND Seng Meng are silent on.

JB port is only accessible via the eastern side of the Johor Straits, not via the western side of the Johor Straits where the Tuas dispute is happening. Of course when Tun’s crooked bridge is ever built, the situation may change. Until then, because the JB port is not accessible via Tuas area because of the causeway, the only reason M’sia is extending JB port’s waters in the Tuas area (West of JB port) is because Tun wants to annoy and  hopefully bully S’pore.

Their silence is also deafening on the fact that the other M’sian unhappiness dating from their 1979 assertions has been proven to be a lot of rubbish by an int’l court: the Pedra Blanca dispute where S’pore won fair and square.

With S’poreans like Goh Meng Seng and those writing articles on the Tuas dispute in TOC, no wonder Tun thinks he can bully S’pore. A very early GE will prove him wrong.

Deluded Pine Court pigs still dreaming? They related to TRE cybernuts?

In China, Economy, Financial competency, Property on 17/12/2018 at 1:43 pm

Further to PAP whacks greedy pigs even greedier pigs

two en bloc projects are raising their asking prices.

[…]

Pine Grove near Ulu Pandan Road also raised its price in October by S$140 million to S$1.86 billion, in a bid to secure a majority consensus needed to launch a public tender.


Back to 2011

They were gunning for S$2.17bn in 2011 but failed to get anyone to even smell. Analysts said at the time said S$1.3 bn to S$1.4 billion was doable. Details in Even greedier en-blockers

Now only dropping from S$2.17bn to S$1.86 bn.  They think developers more stupid then them is it? They had better realise that Old private flats’ value can also fall off a cliff.

But then they most probably have the same mental defect as TRE cybernuts such as tax dodging Oxygen, pork eating and alcohol drinking Bapak, cheap-skate BS artist Zhenzidan and always and lying rukidding. All cousins leh suffering from the belief that only they are right and everyone else is wrong. One group thinks that S’poreans will get rid of the PAP at the next GE, the other that their properties are worth a lot more than the mkt price. Both have been proven wrong, but persist in their beliefs.


The other deluded, greedy pigs?

Those living in

Mandarin Gardens along Siglap Road, for instance, upped its asking price by close to 12.5 per cent to S$2.79 billion in November, after finding out that the land parcel it sits on was undervalued.

Whatever

Analysts said raising the asking price would likely deter developers, especially for mega sites.

“Very often sellers are only interested in what they’ll be getting – that means the premium they’ll be getting – and omit the other costs developers will acquire for the plot of land,” Huttons’ Mr Lian explained.

“It’s not just the reserve price – it’s also the lease upgrading premiums, the differential premiums, the 5 per cent non-remittable ABSD (Additional Buyer’s Stamp Duty) plus the 25 per cent remissible ABSD if they cannot sell all their units within the five-year period.”

Knight Frank’s Dr Lee said that some en bloc sellers may have a “loss aversion” mindset when it comes to selling their properties.

“Some of them may have probably bought them at quite high prices and are generally only willing to sell if prices are above a certain mark,” he added.

“In the case of Pine Grove and Mandarin Gardens, they may find their product is very unique and so they want to push up prices … But it might be a bit difficult because there are other options – many options – available in the market.”

Read more at https://www.channelnewsasia.com/news/business/more-than-30-en-bloc-bids-fail-to-find-buyers-cooling-measures-11035028

They also don’t realise that there’s a trade war looming between China and US looming and we’ll suffer

Singapore’s non-oil domestic exports (NODX) growth fell more than expected in November with shipments to most of its major trading partners declining, official data showed on Monday (Dec 17).

Exports fell 2.6 per cent in November year-on-year, data from the trade agency International Enterprise Singapore showed, falling sharply from the revised 8.2 per cent rise the month before.

This was weaker than the 1.2 per cent increase predicted by economists in a Reuters poll.

On a seasonally adjusted month-on-month basis, exports contracted 4.2 per cent in November after growing 4.2 per cent in October. The poll predicted a 0.6 per cent expansion from the month before.

Trade to top markets like China, Indonesia and Europe declined. Exports to China fell 16 per cent in November from a year earlier, compared with the previous month’s 25.8 per cent decline.

Electronics exports rose 4.5 per cent in November from the year earlier, recovering from the 3.6 per cent contraction seen in October.

https://www.todayonline.com/singapore/singapore-november-exports-fall-faster-expected

(Related post: PAP needs strong Chinese economic growth)

But then they most probably have the same mental defect as TRE cybernuts such as tax dodging Oxygen, pork eating and alcohol drinking Bapak, cheap-skate BS artist Zhenzidan and always lying rukidding. All cousins leh suffering from the belief that only they are right and everyone else is wrong. One group thinks that S’poreans will get rid of the PAP at the next GE, the other that their properties are worth a lot more than the mkt price. Both have been proven wrong, but persist in their beliefs.


 

PAP whacks greedy pigs

In Property, Public Administration on 17/12/2018 at 9:45 am

Funny anti-PAP types not cheering PAP for making life difficulty for private property owners. But then these anti-PAP types especially the cybernuts from TRE and TOC Lands think that the PAP and private property owners must be hated, and got rid off.

More than 30 collective sales sites have failed to find successful bidders at the close of tender, following the latest round of cooling measures introduced in July.

In a bid to entice developers, around 15 en bloc projects have sought to lower their asking prices, according to Huttons Asia.

One of them is Park View Mansions in Jurong, which relaunched its tender for a second time on Wednesday (Dec 12) at an asking price of S$250 million – 22 per cent lower than its initial asking price earlier this year.

Read more at https://www.channelnewsasia.com/news/business/more-than-30-en-bloc-bids-fail-to-find-buyers-cooling-measures-11035028

“Licking the ass of the enemy of my enemy”

In Malaysia on 16/12/2018 at 7:00 am

“Licking the ass of the enemy of my enemy” seems to be a favourite pastime of the most nutty cybernuts such as Goh Meng Seng.

When Penang-born Transport Minister Khaw Boon Wan on Thursday (Dec 6)
opened his mouth saying

Malaysia should “back off” and leave Singapore’s waters.

and urging

All the jingoism coming only from the PAP government. Can you urge everyone in your group to tell the PAP government to stop their shrill jingoism? We just have to be adults around here.

He’s talking cock because it’s not “shrill jingoism” for the PAP govt to point out that there is an infringement of our sovereignty (all those M’sian vessels intruding intruding and remaining into our territorial waters) and “quietly but firmly stand our ground and stay united as one people” Unless pointing these infringements and “quietly but firmly stand our ground and stay united as one people,” is shrill jingoism”: only an extremely nutty cynernut will beliive this. Btw, this cybernut likes to suggest to people to join oppo parties even though he isn’t a member of any.

Another example of “Licking the ass of the enemy of my enemy”:
Mr Khaw Boon Wan is stoking up nationalistic sentiments when it calls for Singaporeans to stay united and stand our ground.

The danger of flaming nationalist emotions is that we can now see that war is being mentioned loosely.

It is totally unnecessary of Mr Khaw to do so. It is a given that Singaporeans would stand behind the country when the call arises but what Mr Khaw did is nothing more than pure rhetoric.

We are not talking about the Malaysian Naval warships intruding into our (disputed) territorial waters. It’s the Malaysian government vessels for goodness sake.

If the incursion of the vessels into our territorial waters really happened, then rightfully, these acts should be condemned but sort out the transgression by our neighbours amicably.

There is no need to stoke nationalistic sentiments to prove a point nor does it do any good for our bilateral ties.

So Mr Khaw, chill. We are not going to war.

Osman bin Sulaiman

And this is one from ass licker-in-chief Goh Meng Seng who to be far to him was an officer in our Navy when he was doing NS.

The Singapore – Malaysia Territorial Water Dispute

I have refrained from putting up formal position on the current spat and controversy of the territorial water dispute because I want to make I have enough information and research on the whole subject before I formulate my views.

I am First a Singaporean and my loyalty and allegiance will always pledged towards my country, Singapore. I would even lay down my life for my country in whatever ways.

But I am also an opposition politician whose job is to keep the ruling party PAP in checks and balance.

Trust is the enemy of checks. Thus I have little trust in PAP and won’t take every words they say as golden truth without verification or critically examined. That is my job and role as an Opposition politician.

When I read and watch how PAP Ministers put up rally calls of “unity” and such, I get extremely skeptical. As Singaporeans, we will definitely unite and defend our country when we have a JUST cause.

The Trust factor in me deteriorated extremely fast when I read what the Transport Minister put up in his press conference. His rhetorics are actually contradictory to the illustration map which he puts up.

First he claims that our land reclamation did not intrude into Malaysian Territory. But the map he presented demonstrated otherwise. One small part of the Malaysian 1979 territorial claim has been infringed by the reclaimed land at Tuas.

Of course, PAP government’s position is that Singapore does not recognize nor agree to this 1979 unilateral boundary claim made by Malaysia. Thus, to PAP Government, we will disregard the so call infringement of Malaysian Territorial Water.

The map shown by Khaw shows a few important lines. One, is the 1995 boundary border agreed by both Singapore and Malaysia. Beyond that last point of 1995 boundary, the map didn’t show any OFFICIAL boundary but only the 1979 boundary which Singapore had refused to agree to.

The question running through my mind is, where is our Singapore border if there is no Officially agreed border between Singapore and Malaysia?

That set me to the little quest to seek the answer to this mystery.

It is an important question because it would mean totally different things. If Malaysian vessels have intruded into our Territorial Waters which has already been delimit or agreed upon between the countries in 1995, then it would be straight out blatant intrusion of our sovereignty and we Singaporeans have all rights to fight back with all means, without much question.

But if the intrusion of the Malaysian vessels into the water which has no clear boundary set out in any official agreement between the two countries, then the approach would be different.

If there is no officially agreed boundary in that part of water territory, it will bound to have all sorts of conflicting claims. The only way to settle it once and for all, is to take the opportunity to open up talks to formalize the Territorial borders.

It is in our interests to do so, especially when our mega port at Tuas is going to be built and operational in the years to come.

The mega port will need a safe port limit which doesn’t lie in controversial conflicting claims.

If there is a need for talk to finalize the Territorial border in this part of the region, then we must careful not to let irrational nationalistic sentiments to be incited.

No fruitful negotiations can be done or achieved through media or media war of words of rhetoric. Worse still, stoking fervent nationalistic sentiments by making war cries or provocative military moves.

Unless we are bloody sure that we will definitely go to war for reasons of blatant violation of agreed borders, then it would be a good tactic to make such war rally cry.

War should always be the last resort. Singapore can not afford to go to war with anyone too lightly, for issues which doesn’t critically affect our survival. Example, cutting off our water supply or setting up sea and air routes blockade etc. For these issues, we will definitely initiate War.

But if we are not really ready for war, responsible citizens and politicians should not incite unnecessary fervent nationalistic emotions which could hurt our long term relationship with our neighbors.

Malaysia should stop the provocative acts in this disputed water territory by pulling out its vessels and assets while Singapore PAP government should stop the provocative military mobilization and propaganda during this sensitive time. Both government should then start a new fresh round of negotiations and talk to finalize the border along this water territory.

Goh Meng Seng

All I can suggest is that he goes read what the minister said and not he thinks he said.

With enemies like him and the other two, the PAP govt can really afford not to have any friends.

 

 

 

Wah lan BTO waiting period is six yrs?

In Property on 15/12/2018 at 1:32 pm

Angela Oh, 29, bought her new four-room HDB with the man who is now her husband in 2012 and just moved in this year. The system allows partners to put their names down for new flats, but you must be married by the time it is built.

“The long time that BTOs (Built to Order) take to build really spoils the joy of the proposal,” she says, because marriage becomes about practicality. If you break up during the waiting period, you lose money and are barred from applying for another BTO for a year.

http://www.bbc.com/capital/story/20181210-can-singapores-social-housing-keep-up-with-changing-times?fbclid=IwAR2fzGTXxtmVykT1tgqRlvXQkYIFUU_m5yMDHfP9_ze1Eu37-KtRIfAP52s

But I also read this:

1,000 BTO Flats with Shorter Waiting Times to be Offered in 2018
To help young couples get their first homes earlier, HDB will be offering BTO flats with shorter waiting times in selected projects.

The first batch of 1,000 flats, spread across three projects in the non-mature estates of Sembawang, Sengkang and Yishun, will be launched for sale in the 2nd half of 2018.

The first batch of flats with shorter waiting times will launch in Sembawang, Sengkang and Yishun in the 2<sup>nd</sup> half of 2018.
The first batch of flats with shorter waiting times will launch in Sembawang, Sengkang and Yishun in the 2nd half of 2018.

Construction will not be rushed to meet the shorter wait times. Instead, HDB will commence construction of the flats ahead of their sales launches. Construction work on the three projects is expected to commence in the 4th quarter of 2017. The flats will be completed between the 4th quarter of 2020 and the 1st quarter of 2021.

As a result, flat buyers only need to wait about 2.5 years for their flat from the time of application. There will be no compromise on the quality of the flats since construction time remains the same, at three to four years.

First-timer families will have another reason to rejoice as they will enjoy higher priority when applying for these flats. At least 95% of the 4-room and larger flats are set aside for them, which is a 10% increase from the current 85% quota for non-mature estates.

Flat buyers of these BTO projects can look forward to flats equipped with floor finishes, internal doors, sanitary fittings, and an open kitchen concept (if the layout permits). This will reduce the time needed for renovation so that they can move into their new homes earlier.

Look out for the sales launches of these BTO projects in the second half of 2018! For more information, visit the HDB InfoWEB at www.hdb.gov.sg.

https://www.mnd.gov.sg/mndlink/2017/sep-oct/bto-flats-with-shorter-waiting-times.htm

So waz a realistic median BTO waiting period today?

HoHoHo: Gd news for StanChart

In Emerging markets, Temasek on 15/12/2018 at 11:30 am

And for HSBC and JPMorgan. This trio are the biggest players in the trading financing biz and there’s plenty of biz to finance.

There was a US$1.5tn gap in financing needs for international trade transactions in 2017.according to Alisa DiCaprio, head of research at R3 and formerly an economist at the Asian Development Bank.

How to squeeze Tun’s balls real hard

In Malaysia on 14/12/2018 at 11:12 am

And make him cry “Uncle” without sinking a M’sian ship is what I promised as an alternative plan in Why sink a M’sian vessel.

As a result of the railway land deal between the two govts when we had a friend in KL, two pieces of prime property were developed here for mutual benefit in exchange for the rail corridor etc.

The land is worth S$11bn or thereabouts. And M’sia’s share is 60% ie S$6.6bn. Seems M’sia wants to sell out.

Just tell M’sia that we won’t be interested in buying them out until Tun backs down on the territorial dispute (and revert to status quo without prejudice to the claims, as per our suggestion). S$6.6bn is a lot of money for a poor, indebted country whose military aircraft are not maintained because there’s no money. And where finance minister has to find the money to pay for election promises: promises made expecting not to win election.

I’ll let our best friend in KL (and Trump’s golf kaki) explain the details.

“As a result, the agreement and the KTM plots of land were left like that for 20 years without a single sen earned,” he said. [He was talking to Tun’s refusal to go ahead with what was agreed with S’pore over the railway: me]

The former Umno president said the land were initially given to KTM in 1918 under the Railway Act at the time.

The plots were on 999-year lease, and its use was only limited to railways. It could not be developed or used for other projects.

Najib pointed out that most of the plots were too narrow because the railway tracks were by nature not wide.

“If Singapore does not agree with us and does not convert the land use, those plots of KTM land will just be left to rot.

“You wait another 999 years, it will not bring a single sen to anyone. Moreover, we will need to pay land tax to Singapore,” he said.

Najib said in 2010, he then negotiated with the Singapore government and reached a new agreement where the city state would give four land packages at Marina Bay (nearby Marina Bay Sands) and two packages at Ophir-Rochor, as an exchange for one land package in Tanjung Pagar, one package in Kranji, one in Woodlands and three packages in Bukit Timah.

He said anyone who knew Singapore would know that the land in Marina Bay is the most valuable in the country, while Ophir-Rochor is Singapore’s new central business district.

“It is far more valuable than the land in Bukit Timah and Kranji,” he said.

The plots of land, Najib said, were jointly developed by Malaysia and Singapore, under M-S Pte Ltd, where 60% of the ownership is placed under Khazanah Nasional Berhad.

The project in Marina Bay, named Marina One, is valued at S$7 billion (RM21.3 billion), while the Ophir-Rochor project is valued at S$4 billion (RM12.2 billion).

He said both projects were successfully completed earlier this year, bringing handsome returns to the country.

“The Marina One project is 3.67 million square feet, covering two 34-storey luxury towers, two 30-storey grade A offices and a shopping mall known as ‘The Heart’.

“Many well known companies such as Facebook, PwC, Grab, commercial banks, among others, have moved to Marina One and they have begun paying rent to a company owned by Khazanah, which will guarantee continuous long-term returns for us,” he said.

Najib said several months ago, Singapore media had reported Khazanah, under the Pakatan Harapan government, was negotiating to let go of a 60% stake in M-S Pte Ltd to the Singapore government.

“Even though the government has denied this, I expect that not too long from now, they will eventually sell it, giving the reason that it is a non-strategic asset,” he added.

https://www.freemalaysiatoday.com/category/nation/2018/12/06/najib-it-wasnt-me-who-sold-tanjung-pagar-land/

Najib’s a decent man. Too bad about his wife. He’s juz another Macbeth: a good, decent man led astray by his wife.

And squeezing Tun’s balls the financial way has the merit of allowing competent ministers to run the show: PM (remember he was finance minister once), Tharman (the ang moh tua kees still think the sun shines from his ass) and Heng.

It’ll keep matters away from our paper generals: think Kee Chiu (Kidding me? Kee Chui potential PM? He from RI?), and Desmond Kwek (Why PAP govt don’t dare sink a M’sian ship.)

 

 

Why PAP govt don’t dare sink a M’sian ship

In Malaysia, S'pore Inc on 13/12/2018 at 11:06 am

PAP will lose power if naval comdr is like Desmond Kwek: sure to sink ownself instead of M’sian ship.

Seriously

Err what if Desmond Kuek in charge of ops to protect water supplies?Jialat. Ops sure fail like SMRT when he in charge lei and we will die of shame before we die of thirst. He could be in charge because he got no job and PAP govt always looks after scholars and generals.

I tot these tots when in response to Why sink a M’sian vessel, a well informed reader responded to Chris K’s point about Tun cutting off our water.

Cutting off water supply is as good as a preemptive military strike on S’pore i.e. S’pore will likely strike without much clarification with the M’sian side. Will likely see mass open mobilisation within 24 hrs. Those of us who did NS in the 80s & earlier will recall the many times exercises both in the field & table top where the scenario is “forward defense” or basically invasion & control of certain JB areas. There’s a good reason why we have so many LSTs & why we practice so much for beach invasions & seaborne attacks. 😉 With today’s hardware, S’pore will likely follow US style — predawn attacks by airforce & SF from 2-3am onwards to capitalise on SAF night vision superiority, intense electronic jamming & counter elec warfare, followed by saturation artillery & rocket bombardments and follow on by armor & mechanized troops by dawn and/or seaborne invasions on JB coastline. S’pore will count on having localised air superiority & airborne radar and drone recon. Plenty of deaths on both sides though.

Btw, I told Chris K that I doubted Tun could find the taps to cut the water flow.

Btw2, I partially disagree with “Plenty of deaths on both sides though.”. The whole aim of US-style “shock and awe” to to scare the hell out of the enemy’s ground troops. and mats are not exactly Roman legionaires, Spartans or Vikings or Japanese infantry. The heavy casualties will come later when S’pore has to defend the water infrastructure against Muslim jihadists drawn to the battle against enemies of  Islam: bit like the US occupation of Iraq and Afghanistan.

 

Why sink a M’sian vessel

In Malaysia on 12/12/2018 at 11:26 am

This blog advocates ramming and sinking a M’sian vessel that intrudes into our waters especially the one that is parked in our waters: Let’s gloat at Tun as he threatens us

It’s to show the Chief Mat that we will not tolerate anymore his provocations. Before LKY moved on, we were fair-minded and mature enough to accept that Tun had a point in his provocations. He and Harry were always playing mind games with one another, and we just had to bear and grin given Harry’s demigod status here. Or perhaps 9th immortal status (see below)?

But Harry’s gone. But Tun still continues behaving like a damaged DVD, playing the same tune and images, over and over again. It’s very irritating.

Now’s a great time to show  the Chief Mat who’s tua kee.

This chart from FT shows that ang mohs own a lot of M’sian M$ debt. They’ll run for the hills if we ram and sink a M’sian vessel, then run further when M’sia threatens war, and even further when it backs down because even the M’sian govt admits that its military is not fit for purpose. Here’s something that a M’ian says about the sorry state of it’s armed forces: https://cilisos.my/actually-how-prepared-is-malaysia-if-a-war-broke-out/?fbclid=IwAR3nuIgtcLwc5x6qvyCKydlTbdkx_BkOFcQnB7_OyZPjyGX-VoDWCv6v-E4

Remember he has problems largely of the financial kind and foreigners not buying M’sian debt is a very serious problem

Let’s gloat at Tun as he threatens us

Malay Malaysian academic says Tun trying to distract attention from govt failings

Btw, I hope soon to blog on a constructive, nation-building and less violent way of squeezing Tun’s balls, making Tun cry  “Uncle”, given that our PM and his cabinet (full of ex-generals) doesn’t do shock and awe, giving the lie to the comments by P(olitician) Ravi.

The trouble with having so many Generals in the Cabinet, is that it may choose a more aggressive approach in solving a crisis over choosing a more diplomatic solution.

Yes, time to stand united against threats to sovereignty, but cooler heads should prevail.

How we deal with Malaysia over the encroachment issue, should be no different from how we dealt with the Chinese when they seized our infantry fighting vehicles.

I hope Mr Chiam told off Ravi for this FB post. Ravi was playing politics with the above comments: he should not have done so. At the time, he made the above comments, nothing any cabinet minister did or said, suggested that violence against the M’sian vessels was being even considered as an option.

Coming back to the 9th immortal

 

Real reason why Terry of TOC kanna lim kopi?

In Infrastructure, Public Administration on 11/12/2018 at 10:58 am

To signal to him to stop publishing fake news on the public transport system? LOL.

Let me explain.

If you skim thru TOC’s headlines as regularly as I do, you are sure to get the impression that our public tpt system is on the verge of collapse and that most S’poreans think it sucks: bad and expensive.

Well I personally find the system pretty good (and cheap) but then I use it off-peak and I’m an oldie: Public tpt users will vote for PAP?

As I don’t use it during peak rush hours (the real test of any public tpt system) and I get a concession rate, I sit down and shut up and defer to Terry’s Online Channel on how bad the system really is, even if I think it’s pretty decent. Unlike cybernuts, I know that most of the time my personal opinions are not the reality.

So it was great interest that I read an article by an ang moh FT in an online publication that has no known, or unknown connection (I double checked with Morocco Mole, Secret Squirrel’s sidekick) with the constructive, national-building media, or the PAP IB.

Here’s the most relevant extract. Do read the whole piece and make up yr mind on its accuracy vis-a-vis Terry’s Online Channel.

Singaporean’s Generally Approve of Their Public Transportation System

Public opinion is another factor worth considering. After all, these are the customers and their satisfaction is another key piece of information for judging success of each system. Singapore also fares very well by this measure. For example, a study by McKinsey & Company found that 86% of the population approves of the current public transportation situation and 84% approve of recent changes to the system. Both of these figures are significantly higher than those of most other cities, representing another indication that Singapore’s public transportation is performing well relative to other major cities.

Satisfaction with Public Transportation System by City

Where Does Singapore’s Public Transportation Rank?

Based on efficiency, it appears that Singapore’s public transportation system performs relatively well compared to those of other cities. Additionally, when taking into account other key indicators such as affordability and customer satisfaction, it appears that Singapore’s is among the best in the world. Therefore, while there is always room for improvement, it seems reasonable to believe that Singapore’s public transportation system is performing relatively well.

[…]

William Hofmann

William is a Senior Research Analyst at ValueChampion Singapore, focusing on banking and SMEs. He previously was an Economic Consultant at Industrial Economics Inc.

 

Trump wants cheaper oil?

In Energy on 11/12/2018 at 4:15 am

What a f *** moron:

The US exported more petroleum than it imported for the first time in decades last week, marking an astonishing if momentary reversal from its longtime status as the world’s largest oil importer.

FT last week

Announcing OPEC’s  production cuts, the Saudi oil minister alluded to US exports by saying that US shale producers also benefit from an OPEC production cut.

Stable genius? What stable genius?

 

Why the PAP is really afraid of Facebook?

In Internet on 10/12/2018 at 4:39 am

Yellow vest protests ‘economic catastrophe’ for France

(BBC headline)

The PAP is trying to intimidate Facebook not really because of fake news but because Facebook can be used to turn sheep into wolves.

Much has already been written about the anti-Muslim Facebook riots in Myanmar and Sri Lanka and the WhatsApp lynchings in Brazil and India. Well, the same process is happening in Europe now, on a massive scale. Here’s how Facebook tore France apart. (BuzzFeed)

Buzzfeed reported on 6 December (before the above BBC headline)

This week, protesters scaled the Arc de Triomphe, burned cars, and clashed with police in the third consecutive weekend of riots in France. More than 300 people were arrested in Paris last weekend alone, and 37,000 law enforcement officers have been deployed around the country to restore order.

The “Gilets Jaunes” or “Yellow Jackets” protests have only gotten more violent since they began last month. Three people have died, hundreds more have been injured. To hear the protesters tell it, they’re marching through the streets to fight back against rising fuel prices and the high cost of living in the country. Beyond that, though, it’s an ideological free-for-all. Fights have also been witnessed among demonstrators, and some have sent death threats to other protesters.

But what’s happening right now in France isn’t happening in a vacuum. The Yellow Jackets movement — named for the protesters’ brightly colored safety vests — is a beast born almost entirely from Facebook. And it’s only getting more popular. Recent polls indicate the majority of France now supports the protesters. The Yellow Jackets communicate almost entirely on small, decentralized Facebook pages. They coordinate via memes and viral videos. Whatever gets shared the most becomes part of their platform.

Due to the way algorithm changes made earlier this year interacted with the fierce devotion in France to local and regional identity, the country is now facing some of the worst riots in many years — and in Paris, the worst in half a century.

https://www.buzzfeednews.com/article/ryanhatesthis/france-paris-yellow-jackets-facebook

To be fair to the sheep and the French, the French mob doesn’t need much to get it violent. But you know what I’m trying to drive at: Facebook is a great tool to organise and energise people.

Over to you Mad Dog. Turn the sheep into mad dogs? Still say we got to appease the neighbours? Yr silence is deafening.

Disassociate yrself from Tan Wah Piow, PJ Thum and Kirsten Han* ( “Antics Of Civil Society Activists Endanger Opposition Cause”); and Jolovan Wham: Nothing wrong in asking Tun M to intervene in S’porean affairs. Their silence is deafening shameful and in character. Sad.

(Last four sentences added after first publication)

 

Tan Kin Lian thinks Tun is more sinned against than sinning

In Malaysia on 09/12/2018 at 10:46 am

Whatever one can say about TKL, he’s got the balls to speak out in support of Tun unlike Tun brown nosers Tan Wah Piow, PJ Thum and Kirsten Han* ( “Antics Of Civil Society Activists Endanger Opposition Cause”); and Jolovan Wham: Nothing wrong in asking Tun M to intervene in S’porean affairs. Their silence is deafening shameful and in character. Sad.

Some people think that Dr. M is back to his old ways of “do Singapore in”. This perception is also being fanned by some people at senior levels and the media.

I have a different view. Here are my reasons:

a) Dr. M today is quite different from the past. He came back from retirement to remove a kleptocratic govt (quoting the description that he used). He does not want to see his country go down the drain.

b) Malaysia faced financial challenges. His ministers approached Singapore to waive the penalty for the cancellation of the High Speed Rail. We refused. He asked Singapore to pay a higher price for the water. We refused.

c) He came to Singapore during the ASEAN meeting to receive an honorary doctor of law degree (which he does not need). His main purpose was, in my guess, to talk about the price of water. The meeting concluded with an understanding to continue discussions. We are talking about $15 million a year, not a lot of money.

Dr. M must be disappointed at the attitude of the Singapore govt leaders. I can understand his disappointment.

I have been alarmed at the billions that we spend on infrastructure projects in Singapore. In some cases, I felt the large sums spent were excessive and unnecessary.

I would certainly have preferred to spend just a few hundred millions to build good relations with Malaysia, especially during their hour of need.

Sadly, we did not extend a hand of help. We missed the opportunity to build goodwill.

We will now pay the price for the bad relations. It will cost many times more than the money that we should have spent.

Some people will argue that we need to be “principled” and to adhere to the rule of law and contractual agreements.

I cannot understand why being “principled” should preclude us from being generous in helping someone who needs the help.

There is still time to change our approach. I hope that our foreign minister can play a role in bringing this about. He should not miss this opportunity.

Tan Kin Lian

Excluding those ex-NTUC Income staff who voted for him because they didn’t want him to lose his deposit (he was a good CEO and I understand their loyalty to a good, fair boss) and those who he (and I and others) tried to help over mini bonds etc (a gesture of gratitude); I hope the others who voted for him now realise that they were irresponsible voters especially as Dr Tan Chin Bock lost by a short nose.

Don’t play play with yr vote.


*OK, OK , as she’s a gal, she can’t have balls. But u know what I mean LOL.

When M’sia threatened war/ Gd day to sink a RMN vessel

In Malaysia on 08/12/2018 at 2:50 pm

I kid u not. In 2003

Malaysia’s leadership greeted the New Year with two statements of aggression toward its neighbours.

One threatened to go to war with its closest neighbour Singapore over an island dispute. The other offered a ‘bloody nose’ to countries such as Australia for its ‘white-man sheriff’ attitude.

https://www.scmp.com/article/402210/malaysia-threatening-war-island-row

More

The Bernama news agency reported Foreign Minister Syed Hamid Albar demanding, under threat of war, that Singapore learn to compromise over the disputed island of Batu Puteh, which is also known as Pedra Branca.

‘Singapore has two choices. If it refuses to compromise . . . go to war,’ Mr Syed Hamid said on Tuesday.

He accused Singapore of caring only about its economy, claiming that Malaysia was generally more intent on being a good neighbour who believes war is not the answer.

Singapore maintains the disputed island and has built some additional structures on it.

Malaysian journalists who recently approached the island were turned back by Singaporean marine police.

It’s a good to ram and sink a M’sian vessel if there’s one in our waters today. There’ll be a riot in KL when word gets out, what with this crowd: https://www.channelnewsasia.com/news/asia/malaysia-anti-icerd-rally-in-kuala-lumpur-thousands-arrive-11012828

Tun will either have to sit down and shut up or declare war.

Either way Najib will be back in power.

Malay Malaysian academic says Tun trying to distract attention from govt failings

In Malaysia on 08/12/2018 at 7:04 am

I’m (Let’s gloat at Tun as he threatens us) not the only one thinking that Tun is rowing with S’pore to distract attention from domestic problems

Awang Azman Awang Pawi, a political-science professor at the University of Malaya said Tuesday’s development had to be viewed in the context of Malaysia’s easing euphoria over the Mahathir government.

While it enjoyed widespread support for toppling Najib’s scandal-tainted administration, the ruling Pakatan Harapan coalition is now facing myriad pressures over issues from race tensions to its declaration that not all election promises may be fulfilled.

Azman said Mahathir had initially used concerns about excessive Chinese economic influence in the country “to raise the spirit of nationalism” in the first few months of his government.

But as ties with Beijing have since been smoothened, the issue of airspace sovereignty with Singapore may now fill that role, the professor said.

https://www.scmp.com/week-asia/geopolitics/article/2176304/malaysia-singapore-ties-hit-turbulence-over-air-traffic?fbclid=IwAR1WRzOlSveAbJ_42gj7QBNQC85uyvnCZ9P15xukfwSOb2Olsrqxe7DplzM

Wonder come Monday morning, Awang Azman Awang Pawi will find that he’s no longer a professor at the University of Malaya?

Tun is not amused.

Update at 11.15am

Writing on Facebook on Wednesday (Dec 5), former Singapore diplomat Bilahari Kausikan noted that it is “not an accident that so many old bilateral issues” have resurfaced following Malaysia’s change of government.

“The new governing coalition is intrinsically unstable and held together by a 93-year-old man,said Mr Kausikan, referring to Dr Mahathir. Mr Kausikan was formerly the permanent secretary at the Ministry of Foreign Affairs and now chairs the National University of Singapore’s Middle East Institute. “Political uncertainty in Malaysia inevitably leads to Singapore being used as a bogeyman to hold things together,” he added.

Traditionally, Singapore has been the “punching bag” for Malaysian leaders when they face domestic pressure. And things are no different this time, said political scientist Bilveer Singh from the National University of Singapore. The new Malaysian PH government is struggling to deliver its campaign promises, and has had to deal with infighting within the coalition. Racial tensions have also been reignited following a riot at an Indian temple last month. The “honeymoon period” for the PH government is over and the “realities are hitting home”, said Assoc Prof Singh.

On the recent run-ins between Malaysia and Singapore, he added: “This is more ‘Mahathirian’ than a Malaysian (approach).”

https://www.todayonline.com/singapore/why-singapore-malaysia-maritime-and-airspace-disputes-matter

Let’s gloat at Tun as he threatens us

In Energy, Malaysia on 07/12/2018 at 10:56 am

Because given the abolition of GST, Tun has a problem: shortage of $ to fund his promises. Until recently, the problem looked containable because of oil prices above US$70.

In Oct, Tun said the government was estimating the 2019 Budget allocation based on an average crude oil price of USD70 per barrel, although the benchmark Brent crude oil is nearing USD80 per barrel currently.

Now it’s below US$60, actually around U$S58.

So what does he do? Try to distract the Bumi Malays by threatening S’pore. (Related post: One reason Tun wants to cause trouble with us on HSR)

Let’s ram and sink their vessels. They can’t afford to replace them.

Notice the silence of TOC and other Tun’s fans who were cheering him on when he wanted to cancel HSR without compensation? They said he was right and S’pore should appease him: Anti-PAP S’poreans sucking up to Tun and Two-face Tun/ Why vote PAP.

One of them has gone back to posting about gd food in Johor and S’pore on FB. Doubtless he’s spending the 30 pieces of silver paid by M’sia’s Special Branch.

And do remember that TOC queried why we needed an air force when RMAF’s planes were grounded because of failure to maintain. A gd reason to raid TOC’s Terry in my view.

And do also remember that Mad Dog thinks we must be nice to people like Tun.  And remember this too: Jolovan Wham: Nothing wrong in asking Tun M to intervene in S’porean affairs.

Our anti-PAP types sure love to help the PAP retain power by repeatedly shooting themselves in the ass.

Update at 1.29pm: Let’s ram and sink this ship: https://www.channelnewsasia.com/news/singapore/malaysian-port-limits-vessel-polaris-buoy-singapore-waters-11007250

And dare Tun escalate hostilities or sit down and shut up. Btw sounds like P(olitican) Ravi has joined the appeasers. Recent FB posts:

The trouble with having so many Generals in the Cabinet, is that it may choose a more aggressive approach in solving a crisis over choosing a more diplomatic solution.

Yes, time to stand united against threats to sovereignty, but cooler heads should prevail.

How we deal with Malaysia over the encroachment issue, should be no different from how we dealt with the Chinese when they seized our infantry fighting vehicles.

and

The principle of approach to resolving the crisis should be the same. What do you suggest? We go to war?

How Tampines Town Council can use AI to improve productivity

In Uncategorized on 06/12/2018 at 2:08 pm

I recently read that Uber is using AI to monitor its drivers’ performances, with its systems picking up whether a particular trip has taken a much longer or shorter time than usual.

Well when the the Tapoines Town Council adds AI to the existing monitoring system that it recently implemented to keep the place clean, Tampines will be cleanest GRC in S’pore.

After gripes from residents over the cleanliness of their estate — such as their corridors not being swept — the Tampines Town Council has rolled out a monitoring system that offers more detailed insights into a cleaner’s routes, down to the floors that they have covered in a day’s work.

The system, which uses vertical positioning technology, tracks the completion of the work carried out by the estate’s cleaners more effectively. While a cleaner whom TODAY interviewed expressed reservations about the surveillance and his company wanting to “control” him, the town council said the system will protect them when disputes with residents arise over whether certain areas had been cleaned.

https://www.todayonline.com/singapore/tampines-town-councils-new-monitoring-system-tracks-cleaners-they-work

 

I tot of Amos, wondering how he is

In Uncategorized on 06/12/2018 at 5:05 am

A seven-year-old boy who reviews toys has been revealed as YouTube’s highest-earning star, raking in $22m (£17.3m).

[…]

Asked by NBC why kids liked watching his videos, Ryan – who is now eight – replied: “Because I’m entertaining and I’m funny.”

Since the channel was set up by Ryan’s parents in March 2015, its videos have had almost 26 billion views and amassed 17.3 million followers.

Forbes said all but $1m of the $22m total is generated by advertising shown before videos, with the remainder coming from sponsored posts.

https://www.bbc.com/news/business-46427910

Reminder, earlier this yr:

YouTube has taken down Amos Yee’s channel. Yee, a Singapore blogger and content creator who recently fled to the US for political asylum,  announced the news of his YouTube shut down on his Facebook, adding that his channel was taken down due to his pro-pedophilia views.

The move followed after a trade organisation, the US Toy Association, pulled its ads from YouTube after one of its campaigns were found on Yee’s channel, BBC reported. According to SCMP, the ad ran on a playlist called “paedophilia is life” on Yee’s channel.  Prior to the removal, Yee’s account had around 40,000 subscribers, the SCMP report added.

A YouTube spokesperson confirmed to Marketing that Yee’s videos and channel were terminated because it violated YouTube’s content community guidelines. It was not in reaction to brand safety.

Currently, YouTube’s Community Guidelines explicitly prohibit any type of activity that sexualises minors. This policy has always been in place, the spokesperson said. The specific policy states: “Uploading, commenting, or engaging in any type of activity that sexualises minors will immediately result in an account termination.”

https://www.marketing-interactive.com/youtube-shuts-down-amos-yees-channel-following-brand-safety-issues/

Goh Meng Seng and these other clowns must be ashamed that they support his right to sprout  pro-pedophilia views. Will Roy, Meng Seng and s/o JBJ help Amos now?

Image result for Goh Meng Seng + banana

Defusing a stink bomb before the next GE

In Political governance, Public Administration on 05/12/2018 at 11:18 am

The PAP listens to the concerns of the 70% especially near a GE (before not after: think Watergate: All about fleecing the sheep, Watergate: MIW caught with pants down).

The issue of parking fees by MPs, civil servants and grassroots volunteers became a major KPKBing point after the Education Ministry said in March that teachers at all national schools and junior colleges will have to pay for parking in school premises from August 1, after a policy review.

The debate prompted questions by the public (not juz the usual cybernuts like Lim Tean and his TRE pals) over whether MPs, civil servants and grassroots volunteers must pay to park their vehicles.

So

Under the revised system, elected MPs with an annual permit may park in Parliament House, and will still be able to enter HDB carparks and park in any spot — including season-parking spaces — for their constituency work. But they will have to pay to use the carparks, based on the circular.

https://www.todayonline.com/singapore/mps-pay-short-term-parking-hdb-carparks-following-govt-review

The annual permit will cost S$250 (including GST) to park in Parliament House for official business. This permit costs S$365, and lets MPs park in HDB carparks — including in season-parking spaces — when they carry out constituency work, and in Parliament House.
Advertisement.

The changes, which take effect from Jan 1 next year, follow a government review of the yearly permit.

The issue of parking fees was thrust into the spotlight after the Education Ministry said in March that teachers at all national schools and junior colleges will have to pay for parking in school premises from August 1, after a policy review.

The debate prompted questions over whether MPs, civil servants and grassroots volunteers pay to park their vehicles.

The PAP listens to the concerns of the 70% especially near a GE (before not after: think Watergate: All about fleecing the sheep, Watergate: MIW caught with pants down), I repeat.

Interesting a Wankers’ Party MP is the only MP grumbling that his parking fees could go up a lot as a result of the change.

PAP & strategic distraction

In Media on 04/12/2018 at 5:16 pm

Add in the PAP to the PRC govt and The Donald:

[T]he Chinese government and US president Donald Trump have in their own ways mastered the skills of “strategic distraction”. According to a recent Harvard University study, Chinese state propagandists create 448m posts on social media a year using a technique known as “reverse censorship”. As one of the report’s authors noted: “The point isn’t to get people to believe or care about the propaganda; it’s to get them to pay less attention to stories the government wants to suppress.” Similarly, Mr Trump’s tweetstorms are designed to distract not inform, sucking the oxygen out of political debate like a “distributed denial of service attack against the human will”.

Part of review of Stand out of our Light: Freedom and Resistance in the Attention Economy, by James Williams, Cambridge University Press. The reviewer is the FT’s innovation editor

Ever tot that that getting the cybernuts and other anti-PAP S’poreans winded-up over Kee Chiu becoming the next PM was (and still is) wayang to make sure that Heng the real deal gets favourable publicity. Kee Chiu is just the pantomime villain.

Most of time, the PAP doesn’t need because our ang moh tua kees, anti-PAP activists and cybernuts provide the distraction.

Don’t beliece me?

Think PJ Thum with his antics of meeting Tun: “Antics Of Civil Society Activists Endanger Opposition Cause” ; and his unnecessary misrepresentations about his excellent credentials: What Oxford really says about PJ Thum and Project Southeast Asia.

Then think Seelan Pillay: Seelan Palay is really very happy.

Next think about Willy Sum : Willy Sum: cybernuts’ new hero. He who alleged high level govt corruption.

Finally, think Mad Dog, Lim Tean and Meng Seng.

With these guys as enemies, even if the 4G leaders are a drove of donkeys, the PAP will win a two-thirds majority of the parly seats. Related post: Why S’poreans keep voting for the PAP (cont’d).

 

 

.

Investment returns over next 10-15 yrs

In Financial competency, Financial planning on 04/12/2018 at 11:23 am

Forecast by JPMorgan. Interesting the big changes (relatively speaking) in the view about commodities’ returns, US long treasuries and US investment grade corporate bonds.

Willy Sum: cybernuts’ new hero

In Uncategorized on 03/12/2018 at 10:44 am

Since born-loser Roy Ngerng buggered off to Taiwan to find love, our cybernuts have been looking desperately for a new hero to egg on and cheer on.


Why Roy Ngerng is a born-loser

Taiwanese voters … approved three initiatives to curb gay rights. Taiwan’s constitutional court has ruled that the government must allow some form of gay marriage. The referendum result complicates the government’s undertaking to enforce that ruling.

Economist

Roy is still in an illicit affair.

—————————————-

Cybernuts now have Willy Sum who allegedly alleged high level govt corruption (but hasn’t yet produced the evidence). For his pains, he had his home ransacked and electronic equipment seized by the police for a possible offence of “criminal defamation” after IMDA lodged a police report. It’s widely believed that this is the first time, a govt agency or department has lodged a report for “criminal defamation”.

But Willy’s he’s cybernut nor is he juz a talk cock, sing song paper warrior. He’s a social activist (like Terry of Terry’s Online Channel) who uses words in place of stones to try to get justice for the helpless.

In Is Singapore a police state?, Teo Soh Lung, another activist, tells us about his work

Willy is a good listener. He spends hours listening to people pouring out their troubles. He writes about their hardship and problems. He highlights the problems they face, occasionally using online platforms like TOC and Transitioning.org. He writes about their inability to cope with the high cost of living, their joblessness and occasionally their brush with the law. He helps them to communicate with relevant ministries and is simply elated when his letters receive the necessary attention and the status of his “clients” is improved. His “clients” are grateful to him and he is happy. He is a sort of the olden days “petition writers” except that he does that all for free.

Recently, he helped Siti, a mother of three with this article published in Transitioning.org: ”Kids taken away from custody of parents by MSF even after negative drug test“.

Siti’s children were removed from her custody by the very ministry that was supposed to help her hold her family together. When everything failed and she was pushed to the wall, Willy came to her rescue. Shortly after the publication of Siti’s letter in Transitioning.org, her three children were reunited with her. Thanks to Transitioning.org and Willy.

Morocco Mole tells me that his cousins in Home Team say Willy should only get a warning not to repeat his allegation about corruption in high places if he repents. Let’s hope this happens and that Willy learns his lesson.

He was doing valuable work helping the helpless and I hope he can return to his valuable, useful work. He should not listen to the cybernut mob cheering, and egging him on: though based on his open letter below, I think he’s going down the path Roy Ngerng took.

This is Willy’s open letter to S’poreans.

Dear Fellow Singaporeans,

It has been a tulmetenous period for both TOC’s Mr Terry Xu and myself, since our undue “arrests” a fortnight ago.

We have been rounded up by top CID officers, possibly under directions from the Commissioner himself! We had our IT equipment seized, the items that have very much been the tools of our fight against modern day oppression and one that brought to light countless discrepancies for public attention and discourse. Otherwise, these contentious issues would go unchallenged and not have brought improvements to the lives of our people.

I was served with a SPF letter dated the day itself, with constant threats of Warrants of Arrest from the Magistrate should I not turn up for questioning on their stipulated day and time. Even the worst suspects have between 2 to 3 weeks to show up for questioning! My personal emails and messages to irrelevant parties like Mr Pritam Singh were also accessed during the “criminal defamation” probe. I feel violated, totally devoid of human dignity and handled like an enemy of the State, akin to the time when Hitler rounded up the Jews for extermination!

What still motivates me to write on social justice issues is the undeniable fact that many pressing matters can be traced to our oligarchy system of governance, which provides little to no checks of an absolute power and State Institutions/Functions have been reduced to a sham! Statements by the establishment to voice out on occurrences we deem suspicious, have been met with threats or the brute force of government agencies.

I am not undermining confidence in the government but that trust has already been eroded since the amendment to the Constitution for a Reserved Presidency, non-committal of the GST hike despite assurances there will not be one until 2025, plummeting housing prices with no solution at sight and not forgetting, the 38 Oxley Rd saga with its many deafening allegations.

Are these the values upon which our Founding Fathers built this Nation? If not, then what happened to them, especially so soon after the demise of Mr LKY? Even as the dust has not yet settled on our case, I urge you to take time to ponder on what kind of society you want for yourselves and if the present system is tenable for your dreams and ideals?

We, the bloggers and civil activists have done all we can in good conscience and often at our own expense and safety, to make heard your voices and fight for what you deserve! We have now been bogged down with lawsuits and criminal charges one after another by the State.

We hope you will continue this strive for a better society and appoint from among yourselves, courageous people to do so as we may not be able to hold on much longer as we wish we could.

#In Good Conscience

Willy Sum

P/S: Willy Sum is a pen name and not representative of anyone.

His mum, Judy Wan emailed TRE as follows

The authorities are alleging that my son and Mr Xu are conspirators to publish the article in question and we having been in constant contact with Mr Xu is simply ridiculous. We do not possess his cell phone number!

If I am not wrong, this is one of the rare time in Singapore’s history that Criminal Defamation had been invoked to deal with two civilians. They were not used previously on The Late Hon. J B Jeyaratnam and Dr Chee Soon Juan.

My son and I were surrounded by police around 2.30pm yesterday at the void deck, which caused a mini commotion among our neighbours sitting below and attracted curious onlookers. We were told to cancel our Grab booking and disallowed to go anywhere.

We were then escorted up by the officers who conveyed to us their intention of seizing our electronics regardless of ownership of the items, armed with court warrants.

In the flat, my son was being queried extensively on his association with a childhood friend, his activist activities and a confirmation of what police had gathered about my son from relatives and friends. My younger siblings contacts and addresses were also taken to facilitate further investigations. I remain disturbed at such excessive surveillance on two very ordinary civilians while criminal investigations on the abandoned “Masarati” case at Senette Estate, cheating by IOC and Cuffz holdings amongst other pressing cases remains inconclusive.

We were treated as though we are big time criminals with absolutely no rights! I wonder why it is legal for the authorities to keep tabs on us while illegal for us to do the same to them?

The IO then brought my son to the staircase landing where they had a “private conversation” and I can second guess where that was leading to. After 2 hours, police proceeded to impound the items and informed us of “consequences” should they uncover anything incriminating from the devices. My son asked for assurances that passwords or other personal info not be divulged to other parties but police were unable to provide the confirmation.

State-approved media later spun the story out of context in the evening, implying that people can lose faith in the PAP following this publication when no one has even step forward to claim so! The only barometer to gauge this will be conclusion of the next General Elections.

I vividly recalled Ms Sylvia Lim’s speeches on the 38 Oxley Rd saga and the amendment to the Presidential Election, to halt “tampering” with the Constitution and “safeguard” the Public Institutions before it is too late! Is that considered defamatory as well?

I am only a low wage admin worker drawing a meagre salary and took 11 months to painstakingly save up $680 to plan a small scale celebration for my birthday next Friday. This has presently been destroyed yesterday once police disallowed us to leave the Country and UOB refusing to refund the money paid.

I understand State strategy to be draining the financial resources of litigants until they are crushed into pleading guilty!

My son has since taken ill from this undue episode with gastronomic condition and massive migraine! He will be requesting a later date for statement taking as he is not in the right frame to do a recording at the moment.

I feel very distressed and vulnerable going through this alone as my religious community is based overseas and have no one to turn to after my husband died 7 years back. Does not help with no safeguards in the law to guarantee my son and I will not be arrested when we step out of the house for breakfast tomorrow morning?

The Hardest Truths about the PAP/ Not cybernuts but PAP IB?

In Political governance, Public Administration on 02/12/2018 at 1:23 pm

When TRE republished this Another sign that GE will be next yr/ Three cheers for TOC, there was a response from a PAP supporter covered here: What has the PAP ever done for us?

A TRE reader made two good points (emphasis mine) in response to the PAP supporter

Always Reember:
November 17, 2018 at 6:58 am (Quote)

A political party is just about a group of people.

A party is only as good as the people in that group at the very moment in time.

Your primary school teacher who guided you to top performing PSLE, may not be able to do the same when you are in poly, uni or corporate world.

Especially those who though their past success, entitles them to still herd you around like “fishing villagers”.

PC Ong:
2019 is the 200th anniversary of the founding of Singapore. Yes, Singapore was not founded by PAP but by Raffles. But the PAP deserves the most credit for getting Singapore to its 200th anniversary, as a top global city where talents and corporations of all kinds want to be. Ever since independence in 1965, Singapore could very easily have lost its way because we do not have natural resources and we were so vulnerable to external threats. Not only were these threats and vulnerabilities overcome, Singapore has just grown better and better, while other top cities in the world like New York, London, Paris, Tokyo and HK decline. This is due in large part to political stability and sound policies in Singapore.

No cybernut he or she.

So unlike Oz tax dodger, Oxygen or his pals Hagen, The Angry Rooster; Sg; rukidding; Homeless Cat; LIONS; and patriot of Temesak (also known as patriot of TUMASIK) who are as nutty as they come. They even think that ex-ST tua kee mentioned in TRE Cybernut defends ex ST tua kee didn’t carry the PAP’s balls when she was in ST saying she only wrote nasty things about the PAP.

But then maybe TRE funder Oxygen ($50,000 in 2015) and his pals are well-trained, deep cover agents of the PAP’s IB, exposed by their stupidity.

Xi the real global polluter

In China on 02/12/2018 at 10:47 am

In When Trump is right about lying media, I mentioned that Trump loves “beautiful, clean” coal. Well here’s why Xi’s the real coal lover

For years, the increase in the number of Chinese coal-fired power stations has been criticised.

Now environmental groups say China is also backing dozens of coal projects far beyond its borders.

https://www.bbc.com/news/science-environment-46310807

Why S’poreans keep voting for the PAP (cont’d)

In Political governance, Public Administration on 01/12/2018 at 2:10 pm

Another way of putting what I said in Why PAP’s cock-ups don’t matter to most voters most of the time is that

We react to real events when and after they happen

Voters cannot be persuaded of that which has yet to be felt.

(Can’t remember where I came across this)

Until things start going badly wrong, then voters will turn against the PAP explaining partly why Why access to the truth has not set S’poreans free

Related post: Truths about voter choices: Why people vote PAP despite everything

 

Real reason why Tun doesn’t want Chinese money?

In China, Malaysia on 01/12/2018 at 5:47 am

Further to What Tun doesn’t say about Chinese money if he can use his own contractors he’ll embrace Chinese money, no matter what the cost? As fatcat abc points out, to get Chinese money condition must be to “use Chinese contractors & companies for the infrastructure jobs”.

What Tun doesn’t say about Chinese money

In China, Malaysia on 30/11/2018 at 6:33 pm

Xi should ask this guy to call Tun and explain things to him. LOL

Tanzania’s President John Magufuli has said he prefers Chinese to Western aid as it comes with fewer conditions.

Mr Maugufuli has been under intense pressure from Western nations over his controversial policies.

On 15 November, Denmark said it had suspended $9.8m (£7.5m) in aid because of “unacceptable homophobic comments” by a Tanzanian politician.

China has become a major investor in Africa, challenging Western influence on the continent.

It has promised to spend $60bn in investment, aid and loans in Africa over the next three years, mostly in infrastructure development.

“The thing that makes you happy about their aid is that it is not tied to any conditions. When they decide to give you, they just give you,” Mr Magufuli said.

https://www.bbc.com/news/world-europe-46364342

Entitled, ugly S’porean

In Uncategorized on 30/11/2018 at 10:10 am

KPKBing about 6-month wait to see specialist in Changi General Hospital. He refuses to try to make an appt at some other public hospital because he lives in Tampines and wants convenience of CGH.

Well then sit down and shut up.

Dr Lam Pin Min, Senior Minister of State for Health, mentioned in Parliament last week that the median waiting time for new subsidised specialist appointments has improved from 28 days in 2013 to 22 days in the first half of this year.

My personal experience did not seem to show this. On Nov 20, I happened to call Changi General Hospital (CGH) for an appointment for my chronic neck pain as a new subsidised patient referred by a clinic under the Community Health Assist Scheme (Chas).

To my surprise, the earliest appointment is on May 23, 2019, exactly 180 days of waiting to see a specialist.

In disbelief, I asked the staff member to double-check because I thought it is impossible that the waiting time is so long.

Unhappy anti-PAP user of SingHealth

Reminds me of an anti-PAP heavy user of SingHealth. He says he does not expect to have to wait to see a specialist once he has registered. I asked him if he ever had to wait to see a private specialist: he kept quiet. I later upset him by telling him that I no longer had to wait to see the GP in Marine Parade Polyclinic. At the appointed time, I see the doctor. What I didn’t tell him is that I scheduled the appointment at 2 pm: first one to see doctor.

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Why PAP’s cock-ups don’t matter to most voters most of the time

In Political governance, Public Administration on 29/11/2018 at 12:12 pm

Think the

— MRT problems (Khaw seems to say that part of it is the fault of Dr Goh Dr Goh’s HK counterpart had similar views on MRT and other major issues),

— present and future HDB “flaw” (“Houses are for living in, not for speculation”),

— uncalled for water hike (Watergate: All about fleecing the sheep, Watergate: MIW caught with pants down),

— Hawkergate (Another sign that GE will be next yr/ Three cheers for TOC),

— promised pain of a GST hike (How to ensure no GST rise),

— and a general perception of arrogance (Think of Kee Chiu’s smirks):

then wonder why the PAP will get at least 60% of the vote at next GE in a free but unfair election.

Doesn’t sound rational does it?

It’s rational though because there is a great deal of ruin in a nation, as Adam Smith once observed: meaning a lot of things need to go wrong over a longish period of time before a country gets into a mess and voters get really upset.

Think M’sia. It went off the rails in the 90s under the then and now present PM. The next PM tried to sort things out but was ousted by a peeved Tun, his predecessor, who then picked Najib who decided if the US Marshall is to be believed, that he’d rather be rich than good.

Other examples:

— The Swedish welfare system was only reformed beginning in 1990s despite problems with it becoming apparent in the 70s (Think the hike in the price of oil). The system was set up after WWII.

— The US infrastructure system is still staggering despite many roads, bridges etc passing their useful life spans decades ago.

As Chris K has said “S’porean’s have not suffered enough”. Which is the reason why Oxygen and his TRE cybernut pals keep on cursing S’pore hoping their fellow S’poreans finally suffer. Meanwhile ordinary S’poreans juz take the “right” coloured pill and keep on paying and paying.

Meanwhile the PAP will continue doing just enough to keep us mutinous but not rebellious, using our own money. Ownself pay ownself to keep PAP in power.

No wonder Oxygen and his nutty pals are consumed with anger and rage.

But let’s be fair to S’poreans and the PAP:

Like people around the world, the Taiwanese voted for peace and prosperity.

BBC’s ending sentence in an article on the recent Taiwanese elections.

Whatever the problems S’poreans have with the PAP as regards prosperity, will having people like Mad Dog, Lim Tean and Meng Seng (Mad Dog, Lim Tean, Meng Seng where are yr durians?) in an anti-PAP coalition govt ensure prosperity?

So cybernuts, don’t blame S’poreans for voting for the continued hegemony of the PAP. Blame the likes of Mad Dog, Lim Tean and Meng Seng. S’poreans are prepared to vote for people like Chiam, Low, Auntie and Dr Tan Cheng Bock.

 

What alt media doesn’t tell about OECD social mobility study

In Media on 28/11/2018 at 1:16 pm

There was a lot of KPKBing by anti-PAP types (sane and nutty) about the major international study on social mobility from the OECD economics think tank: Meritocracy here? What meritocracy?

the report also identified gaps in areas such as how well students from lower socio-economic status (SES) backgrounds do compared to the top scorers in the nation.

FEWER LOW SES STUDENTS OBTAIN SCORES EQUIVALENT TO TOP PERFORMERS

However, not many were performing to standards attained by the top quarter in Science, a measure the report categorised as national resilience.

It was found that among 15-year-old students from lower-SES backgrounds, only 10 per cent were able to attain a score of at least 631 in the Programme for International Student Assessment (Pisa) for science in 2015.

For the Republic, a score of 631 is the 75th percentile score for science.

https://www.todayonline.com/singapore/singapore-ranks-third-educational-mobility-gaps-remain-report

Alt media and the cybernuts went into overdrive on this report from the supposedly constructive, nation-building media.

But the constructive, nation-building media also reported

Singapore’s Education Ministry (MOE) said that the “relatively low” national resilience is “a function” of the fact that Singapore’s top performers do very well.

(Btw, any idea what this means?)

More importantly, here’s what Schleicher head of education at the OECD said

In countries such as Singapore, Japan and Finland, the test results of the poorest 20% are higher than the richest 20% in the Slovak Republic, Uruguay, Brazil and Bulgaria.

He says it’s a cause for optimism that some countries have made sure that “excellent teaching” is available for rich and poor pupils.

And then there’s this from him

In Singapore, many going to university will be the first in their families to get a degree. It’s an example of social mobility and widening doors.

https://www.bbc.com/news/business-46013665

So why didn’t alt media report this? Is it because alt media and other anti-PAP opinionators only read ST and other local media publications and pick stuff that shows what the PAP govt is doing wrong? Some only read the freebies like Goh Meng Seng. Once he KPKBed about the lying local media. When it was pointed out that ST had reported what he complained the MSM did not report, he said he only read the free stuff.

With enemies like him, no wonder the PAP knows it will win the next GE.

Disney Princesses Today

In Uncategorized on 28/11/2018 at 10:55 am

Check out the creator on FB https://www.facebook.com/evacomics/photos/a.10151827944278315/10156129252548315/?type=3&eid=ARBwpqMLSZKM1BzQjPsOYqHXzXnYn_phhHiwphah7Tl33RGYbXr1MjuIoXUHLCZx7aN0ogeYDSoEPQ8C&__tn__=EEHH-R

“Houses are for living in, not for speculation”

In Financial competency, Financial planning, Property on 27/11/2018 at 1:50 pm

Of course not PAP: but Grandpa Xi.

And it’s a statement that the PAP and voters should remember. While a lot of the KPKBing about the price falls in older HDB flats is coming from the usual suspects like P(olitician) Ravi, the SDP (Note the silence of the Wankers: Low, Auntie and Bayee got condos waiting to be seized when they lose court case), and the cybernuts, bet u there were greedy PAP voters didn’t know that a 99-yr lease is juz that and are suffering in silence.

They heard “asset appreciation” and bought resale flats.

Will this resale flat buyer vote for PAP in next GE?

“I bought in the resale market when the prices were quite high some years back,” said Jun Liang, 42, whose apartment is in a 55-year-old block called Selegie House. “When I look at the value now, it would not have appreciated — in fact, after renovation costs it could even be a small loss.”

[…]

Home-owner Jun and his wife bought their apartment in one of the oldest HDB blocks in 2013 after getting married, spending about S$700,000 on the property and another S$100,000 to renovate. Now, they have thoughts of upgrading to a private condo. But, looking at their budget, the couple wonder if they’ve any chance of getting the home they want.

https://www.bloomberg.com/news/articles/2018-10-25/singapore-s-public-housing-envy-of-the-world-hits-rough-patch

I think he’s deluded about a small loss taking into account renovation costs. Remember prices for flats like his took a dive after Lawrence Wong’s warning about the govt taking back the land when the leasehold expires: Why 30-year old HDB flats difficult to sell.

And it’s going to get worse. 🤑🤣😛😢😪😂😝😜

Fat cat medical doctor/ investor quantified the loss

The flats in Selegie House are the small types. The one in question probably a 806sqft 4-rm flat.

If really need to sell today, unlikely to get serious offers much above $500K. Buyers will need big chunks of cash onhand to pay.

Even if SERS, the compensation by HDB based on market valuations will be a big % loss of what he paid, and certainly not enough to buy any replacement new 4-rm flat in city centre area, even if its a subsidized BTO as part of SERS package.

If there’s SERS, HDB might offer them BTO replacement flats in a slightly cheaper district such as Kallang River / Mountbatten area. This was what they did for the Rocher Centre residents when it got torn down for the N-S Highway.

.

What’s gd for GM is gd for China

In China on 27/11/2018 at 11:03 am

In an interview with The Wall Street Journal, Mr Trump said GM should stop making cars in China.

So no longer true that “What’s good for the country is good for General Motors, and vice versa.”? This statement was made by Charles E. Wilson while president of the General Motors Corporation, a leading United States automobile manufacturer in 1953. Wilson later became secretary of the federal Department of Defense.

The statement has frequently been misquoted as “What’s good for General Motors is good for the country.”

 

BS from ex-MSM tua kee on Heng’s appt?/ Juz Plan B ler

In Political governance on 26/11/2018 at 9:47 am

Do you notice what is wrong in the first sentence?

Something curious happened on Thursday morning (22 November), one day before the highly-anticipated revelation of whom the People’s Action Party’s (PAP) secretive cadres had picked as its central executive committee’s first assistant secretary-general. It would be Heng Swee Keat, Chinese-language daily Lianhe Zaobao reported, making him a near certainty to become Singapore’s fourth Prime Minister. A majority of the ruling party’s cadre members picked him over Chan Chun Sing, the man many had predicted would get the job.

The leak to the media was uncharacteristic as the cadre system has been described as a closed shop, a priesthood even, that keeps its decisions close to its heart, leaving it to the top leadership to make the announcements public. Thursday’s report, closely followed by Today’s story on the same issue citing a “senior party leader”, breached that sacred rule.

Balji, one-time PAP enabler: “The Idiots — S’pore”: From PAP loudhailer to running dog?(apologies to dogs, mall dogs especially mongrels)

The first sentence had me running back to the PAP’s constitution to double check a fact. I tot the party cadres do not choose the first assistant secretary-general, as claimed by Balji, or indeed any other office bearer. They vote on who will be members of the politburo (or central executive committee), who then decide who else to include in the politburo, and who then decide who the office bearers will be.

The cadres do not choose the the first assistant secretary-general or any other office bearer.

To double confirm this I asked Secret Squirrel and Morocco Mole if the PAP had changed their procedures. They said “No”.

So what is Balji trying to do given that the cybernuts are still shouting themselves hoarse that Kee Chiu will be the next PM because PM wants him to be the next PM? Btw, they got faeces on their faces saying that he’d beat Heng to the post of first asst). Can one reasonably assume that Balji is trying to show that PM is weak and that there are divisions inside the PAP? Remember that he’s trying to redefine himself as a Jedi juz like Bertha Henson: Ex-ST wimmin promoting ex-PM’s book? 

Most probably Balji forgot the PAP’s rules on choosing polituro members given that he had a massive heart attack several yrs ago.

Btw, do remember that I wrote in 2015 that Heng would be the next PM:  The next PM has been unveiled. I still do, sans serious health problems, which could still happen: hence the perceived “promotion” of Kee Chiu since 2016 (after Heng got a stroke) by PM. There is a need a plan B and Kee Chiu is plan B.

But Kee Chui (Why “Kee Chiu” got renamed “Kee Chui”) can still be PM even after Heng becomes PM. More on this soon.

 

The evidence that the Social Enterprise hawker centre model is badly flawed

In Public Administration on 25/11/2018 at 1:41 pm

In Why the Social Enterprise hawker centre model is badly flawed I posted an analysis from a FB poster that the Social Enterprise hawker centre model is badly flawed because hawkers

have little bargaining power, so taking the strict legal route is not the way to go.

Here’s the evidence albeit the example is not directly to the point because the row is between the operator of a commercial food court (NTUC Foodfare who also operates Social Enterprise hawker centres ) and a hawker’s family. However the row centres on a contractual term that is also present in contracts that hawkers have with operators of  Social Enterprise hawker centres

the story of another hawker who was fined S$3,500 for closing her fish soup stall at Food Emporium for a week after her father, the main chef, suffered an injury.

https://mothership.sg/2018/11/foodfare-hawker-fine-dispute-ntuc/?fbclid=IwAR2l2bct7a_aMsAu3O4H9EYMCUsTdJqsKOrZ9fTKa1mxMwTzysth6U9qq3U

While the story had a happy ending (money refunded to the hawker despite the rules being broken) before it was published by the Indian “Idiots” (something the anti-PAP types who highlight this story pretend never happened), one cannot but feel for the family.

Read it to see why because hawkers

have little bargaining power, so taking the strict legal route is not the way to go.

While one can argue that the frontline NTUC Foodfare executives should have been more compassionate, the model is ultimately based on a contract drawn up by the operator. And in the case of Social Enterprise hawker centres, similar contracts have been OKed by the NEA, without the input of hawkers, or so the activists active on behalf of the hawkers claim.

 

When Trump is right about lying media

In Uncategorized on 25/11/2018 at 10:45 am

OK sort of.

Look at this and tell me if Trump loves polluting the atmosphere as the media alleges?. I mean he’s a lot more green that the EU and Grandpa Xi. His bark (He is sceptical about climate change and loves “beautiful, clean” coal) is worse than his bite.

Why the Social Enterprise hawker centre model is badly flawed

In Public Administration on 24/11/2018 at 2:40 pm

I used to be agnostic about the Social Enterprise hawker centre model and tot that its problems were caused by the Pay And Pay attitude of the PAP govt, its biz allies and NTUC: Pay And Pay in action

But then I read this on FB (edited for paragraphing):

[T]he idea of a hawker centre operator runs counter to the nature of the business. We forget that hawkers are first and foremost small independent business operators, not employees that serve the greater social good or cause. That’s how ‘hawker culture’ started and it should be left to grow organically as it had for many years. It was never meant to be all things to all people.

By artificially suppressing hawker centre food prices and trying to ‘curate’ and dictate the terms of their businesses, this new model has unintentionally made it harder for them to do what they do best, reasonable food at reasonable prices in a way that makes sense for them. Whatever services that truly support the hawker in his business should be kept but whatever terms or conditions that reeks of unreasonable control or which takes away the hawkers choices should be jettisoned.

The G and these social enterprises have to understand that these hawkers are individuals against the might of a behemoth, they have little bargaining power, so taking the strict legal route is not the way to go.

Just bring the hawker centre back to its roots and let it flourish organically. It was for the hawkers to have a clean and safe operating premise. Just provide that at nominal or reasonable rent and throw in the support services at cost and leave them be. This heavy handedness is killing whatever hawker culture there is left, and then there’d be nothing left to gazette or enjoy. And no CKT worth eating when you want some.

Real meritocracy at work

In Uncategorized on 24/11/2018 at 10:56 am

The real “natural aristocrats” not the PAP version as exemplified by the PAP yesterday.

Denise Coates

Ownself pay ownself 220m £220m last year but it’s her own money.

Bet365 was established by Ms Coates in 2000, when she started to transform a small chain of betting shops in Stoke in central England owned by her father Peter, into an online betting giant.

She realised punters were avoiding shops and betting on mobile devices. Meanwhile, online gambling bans in other major countries, such as the US, China and India, had made Europe home to the world’s biggest companies for placing wagers via the internet.

FT

Btw she has a first-class degree in econometrics from a red brick Uk university.

Michelle LaVaughn Robinson Obama

She

was born in Chicago’s South Side, to a poor but aspirational and tightly knit family who poured every spare dollar and iota of energy into their children — even while her father, a boiler engineer, struggled with multiple sclerosis. That parental support, along with her penchant for obsessive planning, propelled her to a selective “magnet” high school, then Princeton and Harvard Law School, on scholarships. She returned to Chicago as a lawyer at Sidley Austin, seemingly destined for a stable, prosperous, middle class life — a striking feat, in itself, for a black woman from the wrong side of the tracks.

Her life famously changed when she was asked to mentor another upwardly mobile black Harvard Law School student, Barack Obama.

Donald Trump

OK he became a billionaire because of pa’s money and connections. But remember his casinos etc went under and he had to sell his yacht and Trump One. But he reinvented himself as reality tv star, and with help from Deutsche Bank (His cos owed money to Wall St’s finest who didn’t want to know him after his cos went bankrupt) regained billionaire status, and then became POTUS beating the shit out of Hilary Clinton who behaved like a PAP aristocrat.

Financial literacy test for wannabe hawkers?

In Financial competency, Financial planning on 23/11/2018 at 10:46 am

I ended Double confirm GE in 2019: Free lunches for two yrs for KPKBing hawkers saying “Dollars and Sense” of a Hawker Stall should be required reading for wannabe hawkers.

I’m still unable to find out from their agitator friends if the newbie hawkers had read and understood what they were signing up for. If they had (have to assume they are not cybernuts, but educated S’poreans: yes, yes a big assumption), then the real issue is whether their projected revenues were overoptimistic. And if so, did the operators over-promise but the newbie hawkers didn’t realise that they were being taken to the cleaners, or did the hawkers cock up their estimates of footfall etc?

So maybe budding hawkers got to pass a financial literacy course?

After all

A financial education curriculum will be rolled out to all polytechnic and Institute of Technical Education (ITE) Year 1 students from next year, as part of government efforts to boost financial literacy among Singaporeans and help them manage their money well.

The mandatory module, which will not be graded, will focus on budgeting, goal-setting and financial basics such as the effect of compound interest on debt and savings.

Additional modules will also be piloted with some Year 2 and 3 students over the next few years to help them become more savvy consumers and learn how to use insurance, investments, and national schemes such as the Central Provident Fund.

This was among several new initiatives announced on Saturday (Nov 17) by MoneySense, Singapore’s national financial education programme.

An online financial health check tool for all Singaporeans and permanent residents was also launched at the roadshow at Our Tampines Hub, which will run until Sunday before moving to the HDB Hub in Toa Payoh on Dec 8 and 9.

The questionnaire, which is available on the MoneySense website, helps to assess progress in areas such as money management, insurance, investment, retirement and estate planning, and provides recommendations to address the gaps identified.

ST recently
Another constructive suggestion: include a module on how to make realistic projections and another on “take nothing the operator of hawkers’ centres says on trust”.
Yet another constructive, nation-building suggestion: screen out the cybernuts especially those from TRELand.
Because if the newbie or wannabe hawkers are anti-PAP cybernuts, no point even trying to educate them, let alone subsidise them in the hope that their revenues will grow because of improving footfalls by 2020. It’ll be a waste of tax-payers money that can better go to fund our ministers millionaire life styles.
Worse, there’ll be a spate of food poisoning as cybernut hawkers would prefer to read TOC and TRE and KPKBing on these sites rather than cook good, hygienic food. Morocco Mole tells me that his cousin in NEA tells him that many of the recent fatal food poisoning cases are suspected to be the consequence of employees reading and posting on TRE rather than on focusing on food preparation.

 

 

 

Joint first assistant secretary-generals lah, ST (Updated)

In Uncategorized on 22/11/2018 at 4:32 pm

Updated to reflect constructive, nation-building media  breaking story and some more boasting from me

Finance Minister Heng Swee Keat is set to be named by the People’s Action Party (PAP) as its first assistant secretary-general on Friday (Nov 23), paving the way for him to succeed Prime Minister Lee Hsien Loong as the country’s top leader, a senior party leader and several cadres confirmed to TODAY.

What I predicted in 2015: The next PM has been unveiled

My original post earlier today

Joint first assistant secretary-generals lah, ST

That’s what Secret Squirrel told me when I told him

Singaporeans will get a good indication of who is most likely to succeed Prime Minister Lee Hsien Loong as People’s Action Party (PAP) leader and the country’s fourth prime minister tomorrow.

Sources said that the party’s top decision-making body met last night to finalise its choice of who fills the crucial post of first assistant secretary-general.

[…]

The choice for first assistant secretary-general appears to have narrowed down to two contenders: Finance Minister Heng Swee Keat, 57, and Trade and Industry Minister Chan Chun Sing, 49.

Constructive, nation-building ST

Secret Squirrel’s side-kick, Morocco Mole, reminded me that Darth Shah told the plebs not to read too much in coming changes to the PAP’s politburo.

And do remember that PM has the hindsight of knowing that Goh Cock Tong was a lame duck PM from the day he became PM because everyone knew who his successor would be even if it took 14 yrs to happen.

Somehow I doubt PM would like to be like Goh in that respect.

Joint first assistant secretary-generals lah, ST

In Uncategorized on 22/11/2018 at 10:57 am

That’s what Secret Squirrel told me when I told him

Singaporeans will get a good indication of who is most likely to succeed Prime Minister Lee Hsien Loong as People’s Action Party (PAP) leader and the country’s fourth prime minister tomorrow.

Sources said that the party’s top decision-making body met last night to finalise its choice of who fills the crucial post of first assistant secretary-general.

[…]

The choice for first assistant secretary-general appears to have narrowed down to two contenders: Finance Minister Heng Swee Keat, 57, and Trade and Industry Minister Chan Chun Sing, 49.

Constructive, nation-building ST

Secret Squirrel’s side-kick, Morocco Mole, reminded me that Darth Shah told the plebs not to read too much in coming changes to the PAP’s politburo.

And do remember that PM has the hindsight of knowing that Goh Cock Tong was a lame duck PM from the day he became PM because everyone knew who his successor would be even if it took 14 yrs to happen.

Somehow I doubt PM would like to be like Goh in that respect.

This time is different? Or is financial history going repeat itself?

In Financial competency, Financial planning on 21/11/2018 at 5:22 pm

Goldman Sachs’ “Bear Market Risk Indicator” is higher than on the eve of the financial crisis. This indicator is made made up of a mixture of economic, bond and equity market measures.

Also Bank of America’s latest investor survey revealed the number of investors that expect global economic growth to slow down has climbed to the highest since November 2008.

S’poreans fall for CNA’s flawed look at hawkers’ margins

In Accounting, Financial competency, Financial planning on 21/11/2018 at 10:46 am

CNA Insider, part of the constructive, nation-building media screamed

Profit margins for hawker fare? As low as 20 to 30 cents

Giving the example of

Mr Ng, who started The Fishball Story in 2013, disclosed that his net profit from selling a bowl of noodles at S$3 was 20 to 30 cents.

“That’s the margin … and it’s pathetic,” he lamented. “It’s very difficult for (hawkers) to continue selling cheap food any more.”

Read more at https://www.channelnewsasia.com/news/cnainsider/profit-margins-for-hawker-centre-fare-as-low-as-20-to-30-cents-10948414

This example and other similar examples in the CNA article had the usual cybernut suspects and even ordinary S’poreans KPKBing on new media about the plight of hawkers, and blaming the Pay And Pay people.

The ordinary S’poreans joining the cybernuts in baying for PAP blood are either not thinking straight or are financially incompetent.

Is that “margin” or “net profit” before or after the “salary” that hawker pays himself? When I see the word “net margin” or “net profit”, I assume that the amount is net of everything including “salary” payments made by ownself to ownself.

Same query for the other examples quoted in the CNA article because nowhere in the article does it state whether the “margin” or “net profit” takes into account the amount that the hawker pays himself for his efforts.

If it doesn’t then it’s really a tough life. If it does, then whether it’s that tough a life depends on the amount that ownself pay ownself before KPKBing about the “peanuts” net profit.


“Dollars and Sense” of a Hawker Stall

But does the “Estimated Monthly Cost” include the “wages” that the two entrepreneurs pay themselves? If they had employees, the employees’ wages would be included under this heading. But as they are both bosses and workers, it isn’t clear if “Cost” includes their “wages”.

Makes a big difference on the real bottom line.

Initial Cost Of Starting Hawker Stall (Inclusive Of Opportunity Cost)

(Excluding Apprenticeship Fee)

$40,000

Monthly Operating Cost$11,000 – $15,000

Estimated Daily Revenue $1,000 Based on assumption of 200 Customers, average spending of $5
Estimated Monthly Revenue $22,000 22 working days per month
Estimated Monthly Cost $13,000  
Estimated Monthly Gross Profit $9,000

——————————————————————-

Many moons ago when surgeon Susan Lim was trying to portray herself as more sinned against than sinning, I wrote

“Do the breakeven cost of $46,000 include any payments to you in the form of salary, director’s fees or advance payments?”. If they do, these numbers should have been disclosed by her when she bandied these numbers. These would have given an analyst a better understanding of what went into calculating the breakeven.

I’m not accusing Susan Lim or her accountants of anything shady or stupid. I’m juz trying to understand how the numbers she quoted prove that, This was a huge loss-making assignment.

 

 

 

Crazy Rich Asians: Money talks, BS walks

In Uncategorized on 20/11/2018 at 4:27 pm

“Crazy Rich Asians” is the top-grossing romantic comedy in 10 years. As at 1 Oct 2018, it “pulled in more than US$165 million through Sept. 30 at the box office in US and Canada, the world’s largest movie market.”

https://qz.com/1408252/crazy-rich-asians-is-now-the-top-grossing-rom-com-in-10-years/

A Google search this afternoon says it has grossed US$235.1 million.

Bollywood banging balls.

Public tpt users will vote for PAP?

In Infrastructure, Public Administration on 20/11/2018 at 11:01 am

When the CEO of SMRT threw his disgraced predecessor onto the path of train by saying that he disagreed with the failure’s view that SMRT had a culture problem, this reminded me that S’pore

is the second most affordable city for public transport, according to a study comparing trends in public transport fares across 12 major cities.

The Nanyang Technological University (NTU) study – which was commissioned by the Public Transport Council (PTC) – compared trends in public transport fares across the cities in terms of concessionary fares, fare affordability and fare revenue per passenger kilometre.

The cities include London, Beijing, Sydney, Seoul, Paris, Hong Kong, Taipei, Toronto, New York, Tokyo and San Francisco.

Constructive, nation-building CNA*

Us oldies definitely will

Singapore’s senior citizen and student concessionary fares were also among the lowest across the 12 cities compared, according to the study.

Seniors in Singapore, London and Sydney pay concessionary fares at age 60 while other cities have lower fares for seniors only at age 65 or 70.

The study also found that Singapore collected the lowest fare revenue per passenger kilometre, when compared with Hong Kong, Sydney, Toronto, New York, San Francisco and London.

————————————

*More details

The study measured fare affordability as the proportion of disposable income spent on public transport by a household in the second quintile household income group.

This quintile was chosen because it is the group “most likely to depend on public transport regularly”, said the study.

“To allow comparability of public transport affordability across the cities, an index illustrating the costs incurred by a typical family with two working adults and two schoolgoing/school age children as a percentage of household disposable income was developed,” it said.

[…]

Based on this, Singapore came in second after San Francisco in terms of fare affordability with an index score of 4.8, compared with San Francisco’s score of 4.1.

This means that on average, a typical family that uses public transport on a daily basis in Singapore spends about 4.8 per cent of its disposable income on public transport, said the study.

Read more at https://www.channelnewsasia.com/news/singapore/public-transport-in-singapore-second-most-affordable-out-of-12-10857020

 

Double confirm GE in 2019: Free lunches for two yrs for KPKBing hawkers

In Political governance, Public Administration on 19/11/2018 at 1:42 pm

OK, OK, sort of free.

Stallholders at seven new social enterprise-run hawker centres will get some help in paying for dishwashing services from next year, the National Environment Agency (NEA) announced on Friday (Nov 16) in a move to mitigate hawkers’ operating costs.

From Jan 1, the authorities will co-fund the costs for centralised dishwashing at seven new hawker centres. They are: Pasir Ris Central Hawker Centre, Kampung Admiralty Hawker Centre, Bukit Panjang Hawker Centre, Ci Yuan Hawker Centre, Yishun Park Hawker Centre, Jurong West Hawker Centre, and Our Tampines Hub Hawker Centre.

Stallholders there will pay 50 per cent of the costs for the first year, and 70 per cent of the costs for the second year, under an extension of the NEA’s Productive Hawker Centres grant. They will pay the full costs from the third year onwards.

https://www.todayonline.com/singapore/stallholders-social-enterprise-run-hawker-centres-pay-only-50-cent-dishwashing-costs-help

Notice that the subsidy ends at end of 2020 and that in 2020 it’s only 30% compared to 50% in 2019?

Well Terry’s Online Channel noticed and is KPKBing that’s “not enough”.

Looks like it wants everything subsidised for hawkers.

“Dollars and Sense” of a Hawker Stall should be required reading for wannabe hawkers. 

 

Our Taliban Christians will be cheering for Trump’s VP

In Uncategorized on 19/11/2018 at 10:26 am

Mr Pence’s appeal to Christianity in Asia at the end of his Apec speech also caused many in his audience to cringe.

FT

What he really said

As an Indo-Pacific nation, the United States is proud to be a part of this great story, and we’ll continue to write new chapters, with resolve and with faith — faith in the people who call this vast expanse home, and the boundless capacity of every individual to achieve their dreams; faith in our most cherished principles, and in the vision that we share for this region of the world. And lastly, I believe that we go with faith that, as we labor for a free and open Indo-Pacific, we do not work alone.

Not far from here, in the Parliament of Papua New Guinea, I am told, sits one of this country’s national treasures — a King James Bible, more than 400 years old. (Applause.) Before it made its way here, it passed through my home state of Indiana. It calls to mind the rich and diverse traditions of culture and faith that characterize this vast region of the world. And on that foundation, I believe we can be confident that our vision of a free and open Indo-Pacific will prevail. For, as it says in that old book, “where the spirit of the Lord is, there is liberty.” (Applause.)

https://www.whitehouse.gov/briefings-statements/remarks-vice-president-pence-2018-apec-ceo-summit-port-moresby-papua-new-guinea/

What has the PAP ever done for us?

In Political governance, Public Administration on 18/11/2018 at 1:41 pm

A  lot according to a TRe reader: a really Hard Truth for TRE cybernuts to swallow.

When TRE republished this, Another sign that GE will be next yr/ Three cheers for TOC, among the bile, vomit and BS that it caused, there was this comment that was posted by a 70%er

PC Ong:
2019 is the 200th anniversary of the founding of Singapore. Yes, Singapore was not founded by PAP but by Raffles. But the PAP deserves the most credit for getting Singapore to its 200th anniversary, as a top global city where talents and corporations of all kinds want to be. Ever since independence in 1965, Singapore could very easily have lost its way because we do not have natural resources and we were so vulnerable to external threats. Not only were these threats and vulnerabilities overcome, Singapore has just grown better and better, while other top cities in the world like New York, London, Paris, Tokyo and HK decline. This is due in large part to political stability and sound policies in Singapore.

As expected, he got slimed and insulted. So here’s my good deed for the day: publicising his view.

Other gd things PAP has done for S’pore:

Why are there hawker centres in Singapore?

https://atans1.wordpress.com/2013/01/25/when-55-of-voters-were-fts/

https://atans1.wordpress.com/2013/01/18/im-invested-in-spore-spore-in-50s-60s/

https://atans1.wordpress.com/2010/10/17/minimum-wages-yikes-pap-may-be-right/

https://atans1.wordpress.com/2009/12/15/property-prices-mm-lee-is-too-modest/

M’sia will benefit from Sino US trade war

In China, Malaysia on 18/11/2018 at 10:38 am

M’sia is smiling:

“We’ve got so many inquiries that our greatest problem is how to ramp up capacity,” including in electronics, steel production and automation from both China and the U.S., Malaysian Finance Minister Lim Guan Eng told reporters Sept. 13 in Hong Kong. “Once they come in it is very hard to pull out.”

https://www.bloomberg.com/news/articles/2018-09-18/u-s-china-trade-tussle-is-creating-winners-in-southeast-asia

Because

Vietnam and Malaysia stand to attract the lion’s share of ICT capacity that leaves China for two main reasons, the EIU said. The first is that an ICT supply chain already exists in these countries, with Samsung and Intel having a significant presence in Vietnam and Dell, Sony and Panasonic having plants in Malaysia. The other factor in their favour is that both Malaysia and Vietnam are signatories of free trade agreements, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which also includes Mexico, Canada and several Asian countries (but not China).

FT

And because

For the car parts industry, the main country beneficiaries of an expected shift in capacity outside China are Thailand and Malaysia.

FT

No wonder George Yeo (Remember him?) is looking at his bank statement and smiling

Malaysian billionaire Robert Kuok’s Kerry Logistics Network Ltd. is seeing “numbers are looking up a bit more” as companies divert distribution centers from mainland China and into places like Hong Kong and Taiwan, and parts of Southeast Asia, according to the company’s chairman, George Yeo.

“They’re thinking of the next factory, and they’re less likely to put it in China,” Yeo, a former trade and foreign minister in Singapore, told Bloomberg Television Sept. 14. He acknowledged that some firms already were planning to move business to lower-cost manufacturing sites outside of China.

Bloomberg

Finally

Malaysia could see the benefits both as a  trans-shipment point and because it’s a neutral country in which Chinese and American companies both would have an interest in investing.

Bloomberg

More advice for PM, PAP from world’s richest man

In Political governance, Public Administration on 17/11/2018 at 2:14 pm

Further to PM, PAP should remember what world’s richest man said, l came across another saying by Bezoz (“no mediocre” man). Explaining why he raised minimum wages at Amazon, Jeff Bezos said “the Henry Ford approach: if you put more money in your employees’ pockets, they spend more money on your platform. It comes back to you.”

Given that personal consumption figures are really bad here vis-a-vis places like HK, time to stop FTs by the cattle car loads so that wages of locals can rise, and they can spend more?

And given that the value of HDB flats are declining while private property prices are inching up (Will this resale flat buyer vote for PAP in next GE?) and the PAP needs a big win because of the change of PM a few yrs after next GE, voters with more $in their pockets are likely to vote PAP.

So time to tweak NIRC and NIR?

NIRC consists of 50 per cent of the Net Investment Returns (NIR) on the net assets invested by GIC, the Monetary Authority of Singapore and Temasek Holdings and 50 per cent of the Net Investment Income (NII) derived from past reserves from the remaining assets.

[W] spend 50 per cent of the estimated gains from investment, and put the remaining 50 per cent back into the reserves to preserve its growth for future use.

Under PAP rule will S’pore become like UK or Venezuela?

And promise not to think about raising GST until 2023? How to ensure no GST rise.

And even more goodies for oldies Hard Truth why PAP wins and wins.

After all after PAP wins 70% of popular vote, PM can take back most of the goodies. Think water hike after last GE:

Watergate: MIW caught with pants down

Watergate: All about fleecing the sheep

Watergate: PUB got consumption figures all wrong?

 

 

 

 

M’sia and S’pore are best ad for buying US

In Malaysia on 17/11/2018 at 11:32 am

In July, Defence Minister Mohamad Sabu had revealed that only four out of 28 Russian-made Sukhoi Su-30MKM and MiG-29 fighter jets owned by the Royal Malaysian Air Force can fly.

Our aircraft F15s and F16s have no such problems.

Btw, the Russian planes were bot in exchange for palm oil.

TRE Cybernut defends ex ST tua kee

In Media on 16/11/2018 at 2:42 pm

When TRE republished this Ex-ST wimmin promoting ex-PM’s book? there was this response from one of the usual anti-PAP windbags. The cybernut said that the wanna-be ST Editor (a personal friend, he claims) told him that she wrote articles that the PAP was unhappy with. Right my dogs sometimes do things I’m unhappy about. But I don’t put them down because most of the time they are well behaved. If an ST journalist is too disobedient, think Cherian George.

Seriously what about the many times where the wanna-be Sith Lord praises the PAP?

Whatever, here’s the full piece. Note that “Temesak” is not a typo on my part.

patriot of Temesak:

CI, as usual, you talk SHIT…do you know the journalist you critic personally??? have you read their articles and comments with underlining comments that do NOT please the Powers that be???… Bertha, I know personally and on many an occasion she confides and says that her articles may rile the Powers that be but went right ahead with it…whatever your agenda…don’t talk shit when you are assuming as for Cherian I may not know him but I do respect him for his writings and guts and his wife Zu??? well she is doing pretty well with SCMP a very Independent newspaper unlike SHITTY TIMES…so, shut the F…k up if you are assuming

This guy seems to have forgotten all their brown-nosing, XXXX sucking articles about the PAP.

Maybe “patriot of Temesak” is a PAP mole that exposed himself? He’s one of the die-die mustvote PAP nutters who are related to the real cybernuts like tax-dodging “Oxygen” or “rabble rouser”.

Want US$18 oil?

In Energy on 16/11/2018 at 11:07 am

Monday WCS was just US$17.78 a barrel, compared to US$58.91 for US West Texas Intermediate.  But buyers have bring their own pipelines, rail-wagons or trucks to Alberta. That’s the problem.

The existing pipelines etc are working at full capacity.

Context of “crony”‘s outburst at WP

In Corporate governance on 15/11/2018 at 1:17 pm

Remember Ms How’s outburst at Auntie

[She]  was a “hopeless” town council chairperson who was “inexperienced” and “so scared of everything”. She added that the town council would “sure die” under Ms Lim’s watch.

and wP MPs

All (the People’s Action Party) needs to do is to ask me for my views on the (elected) MPs… sure die, lah,

Secret Squirrel recently reminded me that after the AGO report was published, the WP town council (Chair Auntie) imposed a liquidated damage of $250,000 on FMSS. This despite WP maintaining until then there was no improper payment. So why seek damages after AGO published its report? Danny Loh (Ms How’s much hen-pecked husband) died suddenly in a sleazy Tokyo hotel shortly afterwards.

——————————-

Auntie screamed, “Crony? What crony? With crony like this, do we really need enemies? Low I tot u said she is kaki lang? What kaki leng? With kaki leng like this, how to retain Aljunied?”

Morocco Mole’s cousin (a WP cadre) reported that Auntie screamed the above as she bared her fangs and claws at a recent town council meeting. Low fled the room, claiming he had to go to the toilet.


Btw, as WP implemented the recommendations made by the AGO report (Also known as the PriceWaterhouseCoopers report because AGO got them to investigate the town council), and that of the KPMG report why are cybernuts saying that these reports are wrong?

And yet cheering on the AGO when its findings reflect badly govt departments etc, saying that this is evidence of PAP corruption or incompetence.

Is that why they are cybernuts? Can’t think straight.

Ms How’s outburst

Ms How saying that Ms Sylvia Lim, AHTC’s chairperson and WP chairman,

was a “hopeless” town council chairperson who was “inexperienced” and “so scared of everything”. She added that the town council would “sure die” under Ms Lim’s watch.

Ms How also accused Ms Lim of withholding information from auditors KPMG about “improper payments”, and that it was Ms Lim who did not want to keep the computer system of IT firm Action Information Management (AIM).

The court also heard that Ms How told the KPMG employee she was “not scared” to reveal that she was “thinking of asking (former WP chief Low Thia Khiang) to remove (Ms Lim) as chairperson of the town council”. She added that Mr Low had “played me (Ms How) out” by putting an “inexperienced MP as (town council) chairman”.

“From Day One, when I knew that she was going to be the chairman… oh dear, the town council is going to die,” said Ms How in the phone conversation. “She will do things to protect herself only. Then I told (Mr Low) you have to replace her… (to straighten out the town council). He doesn’t want to listen.”

She also alleged that she had dirt to spill on the WP MPs. “All (the People’s Action Party) needs to do is to ask me for my views on the (elected) MPs… sure die, lah,” she was recorded as saying.

Earlier in the conversation, Ms How said that the town council was “digging (its) grave” if it did not defend her. Pointing to her “powerful analogy of death”, Mr Singh asked on Monday if that meant she had information that would “finish them (WP MPs) off”, and “destroy them politically”.

Ms How replied that she did not have any information, but that everyone would be “dragged through the mud” because of how the media would report it.

Ms How also alleged that Ms Lim had withheld from auditors information related to payments made to the Housing and Development Board (HDB) for lift services. When questioned by Mr Singh, she said: “The fact that the payments made to HDB were for lifts and services (that were) not rendered… these were improper and should (be) raised to KPMG to look into.”

https://www.todayonline.com/singapore/wps-sylvia-lim-hopeless-town-council-chairperson-reveals-fmss-director-dramatic-court

Ang moh special forces to protect Xi

In China on 15/11/2018 at 11:16 am

Where are the Red Guards? Skivving isit? Or not trusted?

Port Moresby is hosting the Asia Pacific Economic Co-operation (Apec) summit this week,

Australia, the US and New Zealand have sent special forces to make sure that attendees (including one Grandpa Xi) will be safe given the place’s reputation for violence.

Wah Meng Seng so confident of winning GRC/ Tan Cheng Bock

In Uncategorized on 14/11/2018 at 2:14 pm

Our management software is ready and we won’t be held ransom by PAP attempt to control the management software

Goh Meng Seng

Or juz clowning around like Desmond Lim and Pwee?

Singapore Democratic Alliance (SDA) chairman Desmond Lim said his party has remained active in the Pasir Ris-Punggol GRC since the 2015 GE , which saw the SDA garnering about 27 per cent of the vote in the constituency, an eight-percentage-point drop from its 2011 GE performance. “We’ve conducted our regular house to house visits, attending to resident’s needs and requests. We are ready for any snap elections,” said Mr Lim, 51.

Democratic Progressive Party (DPP) secretary-general Benjamin Pwee, 50, said it was premature to speculate when the next GE will be, but he said: “The DPP stands ever ready to field good credible candidates for the coming GE.”

https://www.todayonline.com/singapore/pm-lee-hints-timing-next-ge-saying-pap-has-only-two-years-prepare-it

More likely to be clowning around.

Seriously, these guys want Dr Tan Cheng Bock to lend them his credibility with people who vote PAP but who are open-minded about changing their minds?

No wonder he is keeping quiet, real quiet: My predictions about Spastics’ League.

I don’t think he wants to tarnish his legacy (and money) on clowns like these guys and Lim Tean: Lim Tean where are yr durians?

 

Only America will visitors be asked if they are terrorists

In Uncategorized on 14/11/2018 at 10:52 am

The Esta (Electronic System for Travel Authorization) is an online US form, which some foreigners can use to waive their need for a full US visa.

One of the questions reads: “Do you seek to engage in or have you ever engaged in terrorist activities, espionage, sabotage, or genocide?”

One Scottish lady ticked “Yes”, by mistake she claimed.

Read whay happened next at https://www.bbc.com/news/uk-scotland-45678517.

It wasn’t pretty but sure is black comedy at its finest.

Another sign that GE will be next yr/ Three cheers for TOC

In Media, Public Administration on 13/11/2018 at 4:16 pm

In another sign that GE will be next yr, the PAP govt is showing that it does listen, even if the agitation for a change in policy started in Terry’s Online Channel.

I’m talking about Hawkergate. The quiet, underground grumbling about the so called “not-for-profit hawker centre model” which some unhappy hawkers and foodies like Seetoh see as Pay And Pay in action* did not catch the public attention until our constructive, nation-building media and TOC publicised the allegations. In highlighting the problems faced by hawkers such as costly tray-return deposit schemes, long working hours, unreasonable penalties for contract termination and additional fees for dishwashing, tray returns and quality control, they started a forest fire which had the PAP scrambling to contain the conflagration. TOC, unlike the MSM, also agitated for something to be done, unlike the MSM, whose silence on what should be done were deafening.

Senior Minister of State for the Environment and Water Resource Dr Amy Khor announced in October that NEA will do a “stock take” of the not-for-profit hawker centre model, which allows social enterprises and cooperatives to run these centres.

The National Environment Agency (NEA) said on Nov 9 that it had ordered “tweaks to standardise the contractual terms between socially-conscious enterprises and hawkers following feedback from hawkers, patrons and social enterprise hawker operators”. More on this at: https://sg.news.yahoo.com/nea-impose-changes-hawker-operator-contract-terms-1-january-085102551.html

The four changes include the removal of “onerous” terms to better safeguard the interest of hawkers, said Dr Khor on Nov 9 during a visit to Ci Yuan Hawker Centre.


All about hawker food

Why are there hawker centres in Singapore?

The Hard Truth about hawker food

The Harder Truth on hawker food

“Dollars and Sense” of a Hawker Stall

Subsidised hawker food book

——————————————————————-

Three cheers for Terry and his team (if there’s one). Sadly that’s all the recognition he’ll get. TOC needs $, but the cybernuts don’t want to help it out. A long time (2006 — 2012), the then readers were generous with their money. But then they were not cheapskates, born losers like those now polluting the comment pages of TOC and TRE.

Of course opportunists like Lim Tean and Meng Seng (Lim Tean, Meng Seng where are yr durians?) had to join in the agitation for changes. Since Lim Tean has raised funds from the public for various projects (see above link) but not done anything at all about his projects, he should hand over his loot the monies raised to TOC?


*Written before TOC started publicising the problems faced by hawkers in the not-for-profit hawker centre model and agitating for changes to the model. The contributors were focusing on LGBT and other identity issues. They had and have no time for chay kway teow issues, only ang moh issues.

 

 

 

 

 

 

 

The Hard and Harder Truths about Uber, Grab or Go-Gek

In Financial competency, Public Administration on 13/11/2018 at 10:19 am

They got the funding to burn dollar notes, others don’t.

“Tens of others had technology just as good as Uber that never went anywhere. The difference is Uber has been heavily financed by Wall Street and they’ve raised more than $13bn. We didn’t have the same access to capital.”

He says building Uber’s app might have cost something like $30m but the rest of its huge pile of cash has gone on subsidising rides, offering discounts, effectively buying up the market.

CEO of Autocab talking to BBC: https://www.bbc.com/news/technology-46151994

As Autocab had been providing various services to cab firms for 20 years and was developing apps back before Uber got off the ground, the BBC reporter asked the CEO (Safa Alkateb) the obvious question: why wasn’t this Manchester firm heading for a $120bn (£92bn) IPO and global domination and not the start-up born in San Francisco?

Safa Alkateb, who spent a career in Silicon Valley before coming home to run Autocab, had a simple answer – money.

The Harder Truth: Uber raised the white flag in S’pore and the region, the winner Grab stopped subsidising fares. Fares rose while incentives for drivers were scaled back.

The throwing of money is aimed at securing a monopoly or near monopoly position.

South-east Asian authorities gained valuable experience as they scurried to respond, suggested Toh Han Li, chief executive of the CCCS* and this year’s chair for Asean’s competition agencies group. The Grab-Uber case “can be considered as the first significant case involving co-operation among Asean competition authorities”, he said.

Nikkei Asian Review

*Competition and Consumer Commission of Singapore

 

Teachers here not as respected as those in China, M’sia, Taiwan and even NZ

In Uncategorized on 12/11/2018 at 4:12 pm

S’poreans think teachers are “very mediocre people” isit?

If teachers want to have high status they should work in classrooms in China, Malaysia or Taiwan, because an international survey suggests these are the countries where teaching is held in the highest public esteem.

https://www.bbc.com/news/business-46063947

S’pore is only at number 10 because money talks, BS walks? A person is respected here because of the size of their salaries: https://www.todayonline.com/big-read/big-read-invisible-people-class-conscious-society

Top 10 for teacher status

  1. China
  2. Malaysia
  3. Taiwan
  4. Russia
  5. Indonesia
  6. South Korea
  7. Turkey
  8. India
  9. New Zealand
  10. Singapore

Remember

that those in the private sector earning less than $1m are “very mediocre people”. And that the PAP only chose ministers from the private sector if they were earning $1m or more.

Ex-PM’s money obsession causing PAP problems

Anyone using money to distinguish between “mediocre” and “not mediocre” people is thinking in terms “of people in terms of social class or income”.

Don’t tell us, tell ex-PM, Indranee Rajah

As https://www.todayonline.com/big-read/big-read-invisible-people-class-conscious-society shows, status and money is very intertwined here, and it’s easy to blame the PAP for this. But maybe the PAP itself is a victim, not the creator of this culture?

What do you think?

Why S’pore is so shiok for private property investors

In Political economy, Property, Public Administration on 12/11/2018 at 9:46 am

Look at the table and note that here holding costs (i.e. interest paid) for 5 yrs (assumes no profit from sale after 5 yrs) and fees payable (taxes, duties) very low compared to rest of the world bar a shithole of a city. The PAP govt treats private property investors better than they treat otters (TRE Cybernut says PAP has created paradise for otters not citizens)? $ means US$.

Waz there not to like about the PAP if u are an investor in private property?

Compare this to if u bot a resale HDB flat: Will resale flat owners still vote for PAP in next GE? and Will this resale flat buyer vote for PAP in next GE?

No, not S’pore

In Uncategorized on 11/11/2018 at 3:41 pm

But the u/m story sounds so S’porean because it reminded me that five nsmen have had police reports filed against them for allegedly sharing unauthorised photographs of an accident in a training exercise which resulted in the death of a fellow nsman on social media websites.

Bill Cason has been a pilot for more than 20 years, and is president of the Federal Flight Deck Officers Association – although, because of the programme’s rules, cannot say whether he is an FFDO himself.

http://www.bbc.com/news/world-us-canada-43377461

Pilots allowed to carry guns in planes in the US are known as Federal Flight Deck Officers.

Timing of next GE: More trumpets for me

In Political governance on 11/11/2018 at 9:37 am

In Akan datang: GE in late 2019,I predicted that the GE would be in late 2019, giving my reasons for the call.

Well, the general elections may be called as soon as next year, said Prime Minister Lee Hsien Loong, very recently.

While speaking at the welcome dinner dialogue of the Bloomberg New Economic Forum, he was asked if our bicentennial celebration of Sir Stamford Raffles’ arrival next year might be a reason to bring forward the general election which is due to be held in 2021, he said “It’s always possible. There are many reasons to bring elections forward for a party, so we’ll see”.

Dr Goh’s HK counterpart had similar views on MRT and other major issues

In Hong Kong, Political economy, Public Administration on 10/11/2018 at 3:35 pm

Remember Khaw saying this?

It was a very different era. Finance was tight, so we really had to scrutinise every dollar of spending.

The government of the day thought very hard if we could really afford an MRT line. It took months to think through and debate through this major strategic decision.

It was not easy. Some of you who are younger might not remember.

But I remember, as a civil servant, the big debate which was televised on the options – an all-bus system or an MRT system.

There were proponents for the MRT, as a city without MRT is almost impossible. But there were others who were extremely worried whether we can really afford it.

So sometimes today we spend money as if money comes easily. We forget that it was not too long ago. So when there are people who criticise the North-South and East-West Lines on why we did not do this and that, we were simply short of cash.

http://www.todayonline.com/singapore/comparing-singapores-newest-and-oldest-mrt-lines

He left out the elephant in the room: Dr Goh Keng Swee. He wasn’t convinced that an MRT would be cost effective. Hence the scrutiny the project underwent, even after the cabinet (sans Goh) had agreed to build it.

A contemporary of his, Sir John Cowperthwaite, HK’s financial secretary (17 April 1961 – 30 June 1971) had earlier opposed the building of the MRT system in HK, citing the cost: despite the traffic jams in the streets. Construction only began after he retired.

Here’s more on Sir John Cowperthwaite, who came to HK as a British civil servant in 1945. He should be interesting to S’poreans because he had views, some like that of Dr Goh, some unlike, on how to have a prosperous, thriving economy in a small state.

Like Dr Goh, he was for

Low taxes, lax employment laws, absence of government debt, and free trade are all pillars of the Hong Kong experience of economic development.

And

No deficit government financing, which could merely push costs to a future generation and make the territory vulnerable to financial upheaval.

[…]

Public housing would be funded, but only for tiny flats; reservoirs would be built, but users would be charged.

[…]

Requests by industry for subsidies were routinely rejected.

Architect of Prosperity: Sir John Cowperthwaite and the Making of Hong Kong

https://www.economist.com/news/books-and-arts/21729983-sir-john-cowperthwaite-most-unlikely-things-bureaucrat-hero

Sounds like a PAPpy?

But throughout the 1960s, Cowperthwaite refused to implement free universal primary education, contributing to the relatively high illiteracy rate among today’s older generation in HK.

And he really believed in the importance of the private sector, unlike the PAP (not excluding Dr Goh) who talked the talk of the importance but the private sector,  but who made sure GLCs dominate the local economy.

“I myself tend to mistrust the judgment of anyone not involved in the actual process of risk-taking.” This faith was rewarded. As industries such as cotton spinning, enamelware and wigs declined and Cowperthwaite declined to offer assistance, businesses shifted their attention to promising areas such as toy and electronics production, and then finance. Migrants found work in the expanding industries, becoming a cog in a productive engine rather than merely a cost.

(Economist review)

But he allowed private sector cartels to continue to dominate the HK economy. In his time, it was the Hongs (Jardines, Swire and other ang moh Hongs) and the big banks (HSBC and StanChart).  A tradition continued today with local property cos controlling the property mkt (no massive affordable public housing), and Cheung Kong, Jardines and Swire having a big share of the retail mkt, and HSBC and Bank of China dominating the finance sector.

 

 

Grey Rhinos, Chinese Puzzles Galore

In China on 10/11/2018 at 9:36 am

Further to China afraid of Black Swans and Grey Rhinos here’s where the Chinese first used the term “grey rhinos”

From NYT Dealbook over a yr ago (Btw, all the three cos mentioned below are in Grandpa Xi’s doghouse)

“Risks in the financial sector are sophisticated. Therefore, precautionary measures should be taken to prevent not only ‘black swan’ but also ‘gray rhino’ events.”
— Unsigned commentary in People’s Daily, the main newspaper of the Chinese Communist Party.

 

While the West may worry about unexpected events, sometimes called black swans, the focus in China is on problems that are large and very visible: gray rhinos.
You’ll recognize some gray rhinos because, until recently, they’ve been on buying sprees: Anbang, Fosun, HNA and Dalian Wanda.

Worth remembering: The recent crackdown on China’s once-celebrated international deal-makers comes straight from the top, from President Xi Jinping.

The Ups and Downs of Chinese Deal Making

 Enthusiasm for big deals with Chinese conglomerates is starting to cool.
Bank of America has decided not to do business with HNA, the huge conglomerate that The New York Times found had been giving business to relatives and associates with little disclosure to investors.
The problem? Bank of America is concerned about HNA’s shareholding and corporate structure, its complex business model, allegations concerning political connections, and Chinese regulatory interest in the company.
“We simply don’t know what we don’t know, and are not prepared to take the risk,” Matthew M. Koder, Bank of America’s president for Asia Pacific, wrote in an email.
Bank of America had been talking to HNA about new lending partnerships, according to a person with direct knowledge. It has also been among the banks helping HNA to take at least one of its many companies public.
 The beleaguered Dalian Wanda tore up a $9.3 billion agreement to sell a portfolio of hotels and theme parks and found a new buyer for the hotel properties.
After reaching a deal last week to sell the whole lot to the property firm Sunac China Holdings, Wanda announced that it would sell Sunac only the theme parks. The hotels will instead go to the Guangzhou-based R&F Properties — but for $3 billion, where the deal last week valued them at $5 billion.
The hasty reorganizations have raised concern about the due diligence being conducted. It also highlights the pressure that the Chinese government is putting on the country’s deal makers to reduce their piles of loans.
 The retail giant Suning has come under attack on Chinese state television over “irrational” foreign acquisitions, The Financial Times and Reuters reported.
In a program focused on risky overseas deals, China Central Television referred to Suning’s purchase of a 70 percent stake in the Italian soccer club Inter Milan as an example of a move that potentially raised concerns.
“This famous club has been loss-making for five years, with total losses of 275.9 million euros,” said the narrator. “What is the purpose of acquisitions like this?”

PAP’s thinking is Xi’s thinking

In China, Political governance on 09/11/2018 at 10:05 am

Further to What next? Senior civil servant saying that those who don’t vote PAP don’t wish S’pore well? where I quoted our London ambassador sneering at the ang moh way of alternating opposing parties in power

The alternative—a constant merry-go-round of contending parties—does not necessarily produce better outcomes. Politicians fail to keep the promises they make, the people become disillusioned, and eventually lose faith in democracy. Witness the low voter-turnouts in many Western democracies.

Doesn’t this sound like u/m?

Chinese leaders are too cynical about elections in the democratic West, and about the lessons that even messy campaigns can offer. They are not cynical enough about their own authoritarian system, refusing to see how it induces a sort of democracy-blindness. Even well-informed officials and scholars misread political dynamics around the world.

https://www.economist.com/china/2018/10/20/china-is-misreading-western-populism

Related posts:  Keeping power in a one-party state and Would this happen in a one-party state?

 

 

China afraid of Black Swans and Grey Rhinos

In China on 09/11/2018 at 4:14 am

Black swans, and grey rhinos, are likely to occur this year with adverse consequences, Fan Hengshan, vice secretary general of the National Development and Reform Commission (NDRC), wrote in a commentary in the state-controlled newspaper, Reuters reported recently.

Black swans are unforeseen occurrences. Grey rhinos are highly obvious yet ignored threats. China’s debt problem is a huge grey rhino.

More evidence why USA is bad luck for HSBC

In Banks on 08/11/2018 at 2:50 pm

Further to HSBC refuses to learn lesson of past where I grumbled about HSBC’s latest foray into the US consumer mkt (third time after two failures), there’s this

HSBC has said some of its US customers’ bank accounts were hacked in October.

The lender said that the perpetrators may have accessed information including account numbers and balances, statement and transaction histories and payee details, as well as users’ names, addresses and dates of birth.

The BBC understands the firm believes that fewer than 1% of its American clients were affected.

https://www.bbc.com/news/technology-46117963

In HK, HSBC uses feng shui experts. Time to fly one of them to the US.

HSBC refuses to learn lesson of past

In Banks on 08/11/2018 at 10:00 am

That it destroys shareholder value by investing in US consumer banking or finance.

HSBC is getting back into US consumer lending almost a decade after it was forced to write off US$10.6bn for its last foray into that US market. In 2003 it purchased subprime lender Household, but the financial crisis resulted in a write-off of US$10.6bn of goodwill. The biz was closed in 2009.

Recently it

said that it is launching a digital lending platform for US customers in the first half of 2019. The platform will be powered by online lender Avant, which has already processed almost $5bn of loans for more than 600,000 customers.

“The US unsecured personal loan market is growing at 20 per cent annually and has surpassed $125 billion in balances,” said Pablo Sanchez, Regional Head of Retail Banking and Wealth Management for HSBC in the US and Canada.

“By adding personal loans to our expanding product suite, we’re meeting the needs of today’s consumers who want a safe, fast and easy way to borrow money online.”

Going online means the bank can address a far broader market than just those in the catchment areas of its almost 230 US branches. The bank, which already offers credit cards, in the US, did not give any target for how much it hopes to lend.

FT

Sounds it is trying to put into practice what playwright Samuel Beckett said

Try Again. Fail Again. Fail Better.

Third time trying in US. Anyone Remember Marine Midland Bank?

In 1980, it acquired

a 51 percent controlling interest in Marine Midland Corporation. By then, it was the 13th largest commercial bank in the United States, with about 300 banking offices across New York and about 25 offices in foreign countries. HSBC acquired full ownership in 1987.

Wikipedia

Ah well there’s the profits from Greater China to keep us shareholders contented. The investment of bank resources into the Pearl River Estuary hopefully makes up being swindled by the Yankees a third time.

Will this resale flat buyer vote for PAP in next GE?

In Political governance, Property on 07/11/2018 at 4:19 pm

After reading this post, tell me if you think Jun Liang, the resale flat buyer, will vote for the PAP in the next GE.

Further to Will resale flat owners still vote for PAP in next GE? where I reported that the value of the homes has been falling even as prices of private dwellings rebounded over the past five quarters, leading to a 13.8 points gap in their price performance, the widest in more than a decade. Private home prices rose 0.5% in the third quarter, after climbing 3.4% in the previous three months here’s a really sad story

🤑🤣😛😢😪😂😝😜

“I bought in the resale market when the prices were quite high some years back,” said Jun Liang, 42, whose apartment is in a 55-year-old block called Selegie House. “When I look at the value now, it would not have appreciated — in fact, after renovation costs it could even be a small loss.”

[…]

Home-owner Jun and his wife bought their apartment in one of the oldest HDB blocks in 2013 after getting married, spending about S$700,000 on the property and another S$100,000 to renovate. Now, they have thoughts of upgrading to a private condo. But, looking at their budget, the couple wonder if they’ve any chance of getting the home they want.

https://www.bloomberg.com/news/articles/2018-10-25/singapore-s-public-housing-envy-of-the-world-hits-rough-patch

I think he’s deluded about a small loss taking into account renovation costs. Remember prices for flats like his took a dive after Lawrence Wong’s warning about the govt taking back the land when the leasehold expires: Why 30-year old HDB flats difficult to sell.

And it’s going to get worse. 🤑🤣😛😢😪😂😝😜

Nicholas Mak, executive director and head of research at real estate firm ZACD Group said:

HDB resale prices may fall 1 percent to 2 percent this year, according to Mak.  In the long term, besides undermining public sentiment, declines could threaten demand for private housing, since fewer people will feel wealthy enough to upgrade to condominiums, according to Cushman & Wakefield Inc.

https://www.bloomberg.com/news/articles/2018-10-25/singapore-s-public-housing-envy-of-the-world-hits-rough-patch

Who asked Jun Liang and his wife to believe PM and his ministers on asset values? Exposed: Flaws in PM’s HDB spin 

🤑🤣😛😢😪😂😝😜

And Jun Liang should also worry about the trade war between China and Trump because a slow down in China is terrible for us: we more affected than the rest of Asean:  PAP needs strong Chinese economic growth.

PAP needs strong Chinese economic growth

In China, Economy, Indonesia, Malaysia on 07/11/2018 at 10:54 am

Looking at chart, it’s no wonder our finance minister is really worried if Trump paks China really hard. S’pore’s very dependent on Chinese growth because China is an integral part of Asian supply chains.

South Korea, Taiwan, S’pore, M’sia, Indonesia, Thailand and the Philippines have all benefited from the rise of China as a manufacturing power, especially since the global financial crisis.

Singapore assessing 2019 forecasts amidst escalating trade spat: Finance minister

Singapore has already witnessed a slash in business investments amidst the looming trade wars.

Finance minister Heng Swee Keat thinks that Singapore may have to look out on its economic growth projects for 2019 amidst the escalating US-China trade tensions that have pumped up uncertainty for business investments.

“In the short run, the impact is not fully felt yet,” with Singapore retaining its growth forecast for this year at 2.5% to 3.5%, Heng said in an interview with Bloomberg Television. “But any trade tension that sets back globalization will affect everyone, including the countries that are directly involved, but also collateral damage right across all economies.”

Heng acknowledged that the Lion City had already witnessed the effects of the trade war through increased uncertainty and reduced investment by businesses, noting that next year’s situation will depend on how the situation will unfold in the next few months.

The ‘global production frontier’ being diminished could allow a prolonged trade war to severely disrupt the global supply chain thereby hitting countries with long-term growth challenges, the minister said.

“Our priority areas remain for economic restructuring,” Heng explained. “The other big area is looking at infrastructure development” with urbanization being a major trend in Asia.

Here’s more from Bloomberg.

 

“Singapore is a not a clean city. It’s a cleaned city.”

In Environment, Political governance, Public Administration on 06/11/2018 at 2:10 pm

So what we may ask?

More than S$120m a year is spent on cleaning public spaces. And PAPpies not happy that the PAP administration has to this amount to keep S’pore clean. (Perhaps they hope that this money can be diverted to millionaire ministers?).

The PAPpy unhappiness

At first, the policy [LKY’s Clean and Green policy of which the anti-littering campaign was part of ] worked, according to Liak Teng Lit, chairman of the National Environment Agency. A combination of public awareness campaigning and punitive measures made a difference. More people picked up after themselves. The city became cleaner.

————————————–

Green S’pore

LKY & greenery

My S’pore: A greener & more pleasant land

Urban planning: a constrasting tale of UK cities & S’pore

2025: LKY’s memorial unveiled

Uniquely global: Rainforest in a global city

————————————

In 1961, Singapore had a “broom brigade” of 7,000 day labourers who were directly employed by the department of health. By 1989, there were only 2,100.

But things changed. The city became wealthier, and it became easier to use low-cost labour to clean up. Nowadays, says Liak, Singapore isn’t clean because locals fear fines. It’s clean because there’s an army of workers scrubbing it. They do the heavy lifting. More than anyone else, they keep Singapore clean.

“Singapore is a not a clean city. It’s a cleaned city,” Liak declares.

There are 56,000 cleaners registered with the National Environment Agency. There are likely thousands of independent contractors who aren’t registered. Mostly they’re low-paid foreign workers or elderly workers. Taipei, by contrast, has maybe 5,000 cleaners, Liak adds.

http://www.bbc.com/capital/story/20181025-the-cost-of-keeping-singapore-squeaky-clean

One reason they give for wanting us to pick up litter: good for our souls i.e. civic consciousness the PAPpy way

Edward D’Silva [chairman of the Public Hygiene Council] is frustrated about the way the rise of this army of cleaners has changed the culture in Singapore. With so many cleaners, Singaporeans came to regard cleaning up as someone else’s job. Today, Singaporeans often leave their tray on the table at hawker centres after eating a meal, because they don’t consider it littering, or they think it’s the cleaners’ job to clean up after them. (In fairness, tray return facilities were only installed in 2013.)

D’Silva says students don’t pick up after themselves either, because they’ve always had a cleaner to do it for them. It’s something the Public Hygiene Council is trying to address at local schools. Simply put, he thinks Singaporeans have had it too easy for too long, and they need to change. Liak agrees.

“The government cleans the apartment [building], right up to your corridor, typically twice a day. When you have a very efficient cleaning service, and your neighbour messes up the place, you don’t blame the neighbour, you blame the cleaner for not picking it up,” he says.

BBC report

The real reason, want to save $:

In Singapore, cleaners are mostly drawn from a pool of roughly a million foreign workers as well as local aged workers. But as Singapore’s population grows and labour becomes more expensive, it simply won’t be affordable to employ so many cleaners.

Edward D’Silva says part of the original push for a cleaner Singapore was economic. Cleaning public spaces is expensive and it takes money away from more valuable pursuits. He says that’s still the case, and Singapore needs to change its behaviour fast. Singapore spends at least SGD$120m (US$87m) a year on cleaning public spaces.

“If you are able to instill and cultivate a habit whereby people don’t throw their litter anywhere and anyhow, then the money you would have otherwise spent to employ those cleaners, well, millions of dollars could have been better spent on health and education,” he said.

BBC report

As usual with the PAP, it’s all about money.

How Harvard “fixes” Crazy Smart Asians

In Uncategorized on 06/11/2018 at 10:22 am

Says that they are not likeable, so will not be good students.

Further to this Trump supports Crazy Smart Asians, at the trial that began in Boston to determine if Harvard discriminates against Asian-Americans, the plaintiffs point out that Asian applicants to Harvard do brilliantly on academic tests but mysteriously terribly on subjective measures such as likeability.

S’poreans who stage walk-out show why they are still sheep

In Uncategorized on 05/11/2018 at 3:02 pm

The staff of Google S’pore are no sheep on the face of it because they walked out last Thursday to protest against the company’s handling of cases of alleged sexual misconduct. When have S’poreans got the balls to strike? Last strike here was when FTs working at SMRT went on strike. Moreover as Reuters staff showed, even gathering to hold placards on their employer’s premises is an invitation for the police to come pay a visit.


Last Strike/ FTs lead the Way

SMRT: Better not take the bus

SMRT did not brief FT drivers on labour law?

TRE says it all about Ong Ye Kung, NTUC & SMRT

Ong Really PM Material?

Ong Ye Kung: A study in failure

Why he really could still be next PM

“Experts” wrong to write-off Ong as next PM

———————————————————–

But they are still S’porean sheep, because Google employees round the world walked out last Thursday  to protest against the company’s handling of cases of alleged sexual misconduct. If the S’pore office didn’t join in …

Actually, because of the time zone, the S’pore office was the first in the Empire to stage a walkout. Imagine if the Singkies had decided to continue working …

Crazy Rich Ganga User jailed for another yr

In Uncategorized on 05/11/2018 at 10:00 am

In Yet another Crazy Rich Asian druggie has gd lawyer, I blogged about how Metro scion Ong Jenn had a good lawyer that got him off on a lesser charge than what the prosecution wanted.

The prosecution appealed saying he should be convicted of abetting to traffic drug. But a High  Court judge dismissed the appeal against the conviction and against Ong’s reduced charges, to rule that he should not be convicted of abetting to traffic drugs.

But as for the prosecution’s appeal against the sentence, the judge agreed that the should jail term extended by a year to three years.

Even in S’pore where “Money talks, BS walks”, money can’t get a person everything.

Crazy Rich Fools?

In Uncategorized on 04/11/2018 at 4:25 pm

Those who buy and use iPhones.

Apple does pretty well charging customers more money for fancier versions of existing products. There is indeed no fool like a fool addicted to the persistent tapping of a blue-lit screen.

FT’s Letter from Lex