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Archive for July, 2020|Monthly archive page

Covid-19: FTs from India reinfecting S’pore

In India, Public Administration on 31/07/2020 at 6:49 am

Not me, but the constructive, nation-building propaganda arm of the PAP govt ST

More than 100 such cases confirmed in past month, with over half from India

ST headline yesterday, somewhere in the middle of yesterday’s paper

A lot more than half, 62 to be precise, ST reported on Thursday.

From June 30 to last Tueday, there were 107 cases of infections from abroad and they were imported from nine different countries, with more than half – 62 cases – coming from India.

Another 23 cases were imported from the Philippines, while the rest came from countries such as Indonesia, Pakistan and the United States.

Most of the imported cases – 27 – are work pass holders, while 23 of them are S’poreans. There were 20 permanent residents and 19 dependant’s pass holders among the imported cases.

Given that India is full of Covid-19 cases, third behind the US of A and Brazil, why let people from India? Btw, PeenoyLand also saw a recent coronavirus surge, so why let Peenoys in?

Why not impose stricter quarantine rules, if they are that impt to the economy?

These FTs tua kee isit?

Btw2, FTs are also a problem in HK: Covid-19: Silence of Lim Tean, Meng Seng and TOC is deafening.

Covid-19: Silence of Lim Tean, Meng Seng and TOC is deafening

In Public Administration on 30/07/2020 at 11:40 am

Hong Kong – which had early success against Covid-19 – is now regularly reporting over 100 new daily cases. Less than a month ago, the average number of new daily cases was under 10.

Now

Hong Kong leader Carrie Lam has warned that the city’s hospital system could face “collapse” as it grapples with a sharp rise in coronavirus cases.

She said the city was “on the verge of a large-scale community outbreak”, urging people to stay indoors.

BBC

And Lim Tean, Meng Seng Seng and other cybernuts, and TOC and anti-PAP alt media were shouting that the PAP govt should follow what HK was doing?

Hong Kong this week introduced its toughest lockdown restrictions in response to its worst outbreak. New regulations, including mandatory face masks and the closure of dine-in restaurants, and only two people from different households can meet, under the toughest rules Hong Kong has adopted so far.began on Wednesday.

It was earlier announced that spaces like bars, gyms and beauty parlours would be closed.

At the start of the month, public gatherings of up to 50 people were allowed – but that was reduced to four, and now two.

When the FT dorms were infected, Lim Tean, Meng Seng Seng and other cybernuts, and TOC and anti-PAP alt media were shouting that the PAP govt should follow what HK was doing.

Now that the FT dorms are almost clean and Covid-19 from the dorms didn’t leak out to the HDB heartlands, while HK is having a serious reinfection problem, why are Lim Tean, Meng Seng Seng and other cybernuts, and TOC and anti-PAP alt media not praising the PAP govt?

But at least , Lim Tean, Meng Seng Seng and other cybernuts, and TOC and anti-PAP alt media are not shouting that the PAP govt should follow what HK is doing.

The truth is that Vigilance is eternal when it comes to fighting Covid-19 and people like Lim Tean, Meng Seng and other anti-PAP paper warriors will always say “PAP is always wrong”. SAD.

Btw, PRCs from China are being blamed for the resurgence of the virus inHK.

Covid-19: Indian students starving in the UK/ Will India send help?

In India on 30/07/2020 at 4:29 am


The BBC reports that volunteers at the Newham Community Project in east London are feeding up to 600 students, most in their early 20s.

Most are from India and are taking master’s degrees. SAD.

Backgrounder

Hundreds of international students in the UK have had to resort to food banks after part-time work and funding from families dried up during lockdown.

Some have been unable to pay their course fees and have been threatened with suspension by their universities which would result in their visas being cancelled.

Muslim geeks modernises the Haj

In Uncategorized on 29/07/2020 at 6:21 am

 Saudi Arabia has restricted participation in this years Haj, which began on July 28th. Reports say only between 1,000 and 10,000 people based in Saudi Arabia will be allowed to perform the Haj.

But there are alternatives. For centuries Muslim mystics have urged believers to emphasise the spiritual haj over the earthly one. So they must be cheering on Ahmed Alhaddad and other pious software developers.

“Easy process, same blessings,” says a website offering “hajplication”.

A “hajplication” developed by Ahmed Alhaddad, a Kenyan computer engineer, connects would-be pilgrims to proxies in Mecca who livestream the experience. For only US$500, a fraction of the cost of a real trip, wannabe pilgrims can from the comfort of their homes maintain social distance and avoid walking miles in 50°C heat.

Covid-19: Vigilance is eternal/ Domestic tourism also can spread Covid-19

In Vietnam on 28/07/2020 at 4:44 am

With S’pore planning to encourage local tourism. Vietnam is a lesson to be heeded. Covid-19 loves crowded spaces.

Vietnam has been lauded as a success story, having acted early to close borders and enforce quarantine and contact tracing.

It recorded just over 400 cases and no deaths. (Related post: Covid-19: Ang moh runs up US$85,000 bill)

Nearly 100 days after its last locally transmitted case in April, four new cases emerged in Vietnam: all from a tourist attraction. Vietnam had been encouraging local tourism to help the economy.

Vietnam has closed the city of Da Nang to tourists after four new locally transmitted coronavirus were recorded.

No tourists can enter the city for 14 days and extra flights are being laid on to fly out up to 80,000 visitors.

Restrictions are also in place in the city.

How the PAP plans to fix its legitimacy problem

In Political governance on 27/07/2020 at 11:11 am

I pointed out yesterday

that 4G leaders failed their legitimacy test: Why PAP aiming for 65% of the popular vote. (Btw, written in 2018: Why even with 4G donkeys, PAP will retain power.)

Better still for S’poreans, based on what PM, Lawrence Wong and Shanmugan said the PAP is very aware that their legitimacy is waning.

Legitimacy problem for the PAP as 9% of voters get smarter

But the bad, sad news is how they are trying to fix the legtimacy problem. Instead of listening to Tharman

And we must be a more tolerant democracy, with greater space for divergent views, and a more active civil society, without the public discourse becoming divisive or unsettling the majority.It will be good for Singapore if we evolve in these three ways. They will each help ensure stability in our democracy in the years to come. And they will tap on the energies and ideas of a younger generation of Singaporeans and their desire to be involved in public affairs.

Part of FB post

, the PAP are trying to shift the goal posts, lowering the high water mark of success: now only aiming for 65% of the popular vote as their high water mark of popularity and success, not -70%+ mark of the past.

Trying to dumb down the voters?

But going by the last GE, 9% of S’poreans are that not stupid. They’ll keep giving the PAP 60-61% in the next GE, no matter what goodies come their way.

So how will the PAP react? They make 55%, the high water mark, two GEs from this one.

And they’ll need to because 2029 is a dangerous for year: Why 30-year old HDB flats difficult to sell/ Why PAP rule will end in 2029.

No wonder, Mr otter is confused by the PAP’s comments just as he’s confused by the stock market collapse and the run on supermarket goods earlier this yr.

Btw, I’ll be talking about the HDB issue soon.

Covid-19: India’s new flag

In India on 27/07/2020 at 4:21 am

India has recorded more than 1.2 million cases of Covid-19 and nearly 29,000 deaths, more than any other Asian country.

Globally, only US of A and Brazil are ahead of it. All are ruled by populist “strong” leaders. Only Modi is the real autocrat, the other two are wannabes because their country have strong institutions.

Covid-19: Modi in denial

In India on 26/07/2020 at 2:10 pm

The BBC reports that Indian experts say that “full-blown” community transmission is happening in India.

But the government refuses to accept that community transmission has begun, saying there is no clear definition of the term, and each country can define it based on local conditions.

So far, Kerala and West Bengal are the only two states to accept that they have entered this stage.

But global understanding on the subject is simple: when the source of infection can’t be traced in a large number of cases, it’s safe to define it as community transmission.

The WHO’s guidelines say: “community transmission is evidenced by the inability to relate confirmed cases through chains of transmission for a large number of cases”.

https://www.bbc.com/news/world-asia-india-53510307?intlink_from_url=https://www.bbc.com/news/world/asia&link_location=live-reporting-story

According to Dr Arvind Kumar, chairman of the Centre for Chest Surgery at Delhi’s Sir Gangaram Hospital: more and more patients are turning up at hospitals whose source of infection cannot be traced. And, he adds, the rising case numbers support this.

For the record: India has recorded more than 1.2 million cases and nearly 29,000 deaths.

Legitimacy problem for the PAP as 9% of voters get smarter

In Political governance on 26/07/2020 at 11:28 am

The really good news for S’poreans and the really bad news for the PAP is that 4G leaders failed their legitimacy test: Why PAP aiming for 65% of the popular vote. (Btw, written in 2018: Why even with 4G donkeys, PAP will retain power.)

Better still for S’poreans, based on what PM, Lawrence Wong and Shanmugan said the PAP is very aware that their legitimacy is waning.

The Wankers campaigned on the premise that the PAP government is more responsive to people’s concerns when it loses elected seats, as they did in 2011, when the PAP suffered its worst election result.

It went on to change immigration policies, a major source of unhappiness for many voters.

It also gave goodies (Remember Ownself fund Ownself: How we fund our SWFs and Property sales also fund our SWFs) to the Pioneer Generation which not only helped them but also those who cared for them:

Real life examples of what Pioneer Benefits mean:

— A mother and her autistic son are Pioneers. The son has been in a nursing home for over ten years, ever since his mother became too frail to look after him. The monthly bill was about S$4,000 a month and was borne by his siblings. Now this bill is “only” a few hundred dollars a month. The mother’s medical bills (she’s in her 90s and suffers from various chronic conditions) are now minuscule.

The extended family is happy.

— Another Pioneer used to pay $30 when she visited a polyclinic every three months for her medicine etc. She now pays $7.

— Another lady lives in a home because of Alzheimers. The cash from the sale of her flat was paying the bills. Now there is no worry of the cash running out before she dies. Her monthly bills have been slashed. Her working daughter (with children and an unemployed PMET husband) is breathing a sigh of relief.

Are you better off now than you were in 2011?

The Wankers strategy hit a sweet spot with about 9% of the voters.

But the Wankers went further. They also talked of not giving the PAP a “blank cheque”.

This too resonated because this 9% of the voters contrasted GE 2011’s aftermath with what happened after GE 2015 when the PAP got 70% of the popular vote, and in the process nearly making 5 Wanker MPs redundant.

Pay And Pay returned with a vengeance.

 Remember VivianB had said in parly in 2015 (juz before GE) that there was no need to change the price of water because of PUB’s improvements in membrane tech and productivity and that the water tariff and WCT reflected the scarcity of water, but prices went up after GE 2017.

Why Pay And Pay govt wants elections earlier than later

And

Pay And Pay

Articles and analysis of various “price increase” written by Uncle Leong (Remember him?)

Water – “PUB: $1.1b profits last 7 years – how much last 53 years? (Feb 24, 2017)

Service & Conservancy Charges – “S & CC: A truly caring Govt?” (Feb 17, 2017)

Gas – “City Gas prices to rise by 4.5 per cent from Feb 1” (Jan 31, 2017)

Electricity – “Electricity: One of the highest in the world? (Jan 1, 2017)

Childcare fees – “Fee hikes at 200 childcare centres this year” (Jan 1, 2017)

Parking – “HDB car park rates increase 60%? (Dec 16, 2016)

Rubbish fees – “Rubbish fees up: NEA surplus up 32.9%? (Nov 8, 2016)

University hostel fees – “University hostel fees up 6.8% p.a. despite $1b surplus?” (Jun 28, 2016)

Taxis licensing – “Taxi drivers hit by triple whammy?” (Jun 24, 2016)

Hawkers’ misc fees – “Hawkers’ misc fees increased by ? %? (Jun 22, 2016)

Why Pay And Pay govt wants elections earlier than later

Then there was the controversy about the presidency: #hardlymahpresident and Elected President: Oh, what a tangled web we weave cont’d.

Now 9% of voters are aware that S’poreans get the goodies when the PAP doesn’t get a “clear” mandate. And that when the voters give the PAP a “clear” mandate, S’poreans got shoved in the ass, though let’s face it, a hard core 35% love the sensation, while 25% believe it’s good for them. SAD.

So this coming National Day, let’s salute the 9%.

Ang moh tua kee attitude loses $

In China, Financial competency on 25/07/2020 at 11:05 am

Once upon a time, the Americans took the Japs to the cleaners, selling stuff to the Japs at over the top prices and then buying them back for a song: think the Rockfeller Centre.

Now its the Chinks that get screwed, not only by the Americans but by ang mohs in general.

Virginia-based WorldStrides, a student-focused travel outfit backed by Primavera Capital, filed for bankruptcy this week after the pandemic hit bookings and forced it to issue refunds. The Beijing-based fund, invested in WorldStrides three years ago. The hope was to roll out its services across the People’s Republic and beyond.

The idea of expanding Western companies in China has sucked Chinese buyers abroad, adding to a frenzy of outbound deals. The track record doesn’t look promising: state-owned conglomerate Bright Food sold off British cereal maker Weetabix in 2017 after failing to grow the business in China. Hony Capital’s acquisition of PizzaExpress is turning out to be a disaster. Even Fosun International is struggling with its investment in Canadian acrobatics troupe Cirque du Soleil. With Covid-19 affecting Western and Chinese consumers, expect more casualties.

Ang moh tua kee has its consequences.

Yoga not for Greek Orthodox

In Uncategorized on 24/07/2020 at 1:18 pm

Downward dog, sun salutations and all other yoga practices are “absolutely incompatible” with the Christian faith, the Greek Orthodox Church has said.

Yoga has no place “in the life of Christians,” the governing body of the Church has ruled.

It said it intervened after Greek media recommended yoga as a way to combat stress during coronavirus quarantine.

Don’t laugh. In 2008 Malaysia’s leading Islamic council said yoga could corrupt Muslims but backed down from issuing a fatwa after a backlash.

PAP’s useful idiots: s/o JBJ, Meng Seng, Lim Tean, P Ravi and Michelle Lee

In Political governance on 23/07/2020 at 6:56 am

Not me who says this, but a reader from TRE who pointed out that if the PAP had had walkovers in the constituencies where the parties led by s/o JBJ, Meng Seng, Lim Tean, and P Ravi and Michelle Lee stood, the PAP’s share of the vote would be less than 58.7%. (I didn’t verify the figures but it sounds about right because the PAP thrashed the oppo clowns in these areas.)

So Tolonglah Opposition Parties, stop trying to be Indian Chiefs and boosting your own self inflated egos. Become activists, become NGOs, but stay away from polling. Stop insulting us with your mediocre performances.

Veron Rahim writing in TRE

Yes, by calling s/o JBJ, Meng Seng, Lim Tean, P Ravi and Michelle Lee “useful idiots”, I’m putting words into the writer’s mouth. But the facts he points out and which I amplify out justifies my action.

Tharman’s GRC won the biggest majority (75%) and PM’s GRC (72%) the second biggest majority. Surely these %ages helped boast the PAP 61% share of the popular vote? Btw, either Michelle Lee or P Ravi said they “won” in Jurong GRC by “losing”. “Won” as in helping the PAP?

As did Goh Meng Seng. Kate Spade Tin had a 6 point swing in her favour bringing her share of the popular vote to 72%. Well done Kate, she put Chinese male chauvinist Meng Seng in the gutter where he belongs.

The piece in full

GE2020 shows us that we need less ‘Indian Chief’ opposition parties around

* Take Note Only Contested Seats are Counted.

Since 2011 all seats have been contested. But from 2006 and prior, only the contested seats determined the % of votes.

So if the Reform Party and Red Dot United did not run, and Jurong, AMK and Radin Mas were walkovers, the PAP mandate would only be 58.7%

It would be even less, if People’s Voice and PPP did not contest Mountbatten and Macpherson.

Lee Hsien Loong can still proudly say strong mandate because these parties allowed him to. No PAP Prime Minister has had any vote share below 60%. It should have happened this time.

It’s not about giving them a walkover, what’s the point if the contest only serves their purpose to justify their support? I dare say if a stronger opposition party had contested these areas, they would have still lost but their percentage would have been in the mid 30% or higher and that would also have brought the winning percentage for the PAP below 60%.

So Tolonglah Opposition Parties, stop trying to be Indian Chiefs and boosting your own self inflated egos. Become activists, become NGOs, but stay away from polling. Stop insulting us with your mediocre performances.

And no to you combining either. Your entry will not help the Worker’s Party, PSP or SDP. Instead you can become ordinary members of these parties and help them in the groundwork. Or become bloggers.

Veron Rahim



Clear mandate? What clear mandate?

In Political governance on 22/07/2020 at 7:54 am

The People’s Action Party (PAP) has received a clear mandate in the general election, but the results also show a desire for a diversity of voices in Parliament, said Prime Minister Lee Hsien Loong.

PM Lee said that while the ruling party’s share of the popular vote – 61.24 per cent – was not as high as he had hoped for, it still reflected a broad base of support for the PAP.

Constructive, nation-building ST

Like real

This would be a landslide victory in most democracies. But the numerical majority in actuality suggests a rather humiliating defeat, especially in a ‘crisis’ election called early amid the COVID-19 pandemic. Swings of over 20 per cent occurred, with the WP collecting an average of over 50 per cent in contested seats. The electoral system is so stacked with systemic controls and electoral engineering after 55 years of PAP rule that the outcome does not show the scope of discontent.

Bridget Welsh in https://www.eastasiaforum.org/2020/07/14/singapores-paps-self-inflicted-election-losses/

Bridget Welsh is an ang moh academic. She’s taught at SMU and her base seems to be in a top Taiwanese uni from where she wanders to places like Turkey. She’s now in KL. Unlike our constructive, nation-building academics, who speak with gatangs in their mouths (and with forked tongues, on both sides of their mouth), she speaks like us.

Her father worked in the US embassy in KL and she went to local schools, never losing her local accent.

Do read the above link and the one below.

She’s very prescient. Before GE, when our local academics were predicting a big PAP win (as was I: My GE2020 predictions) she wrote:

Singapore GE2020 showcases that the PAP has less control than they had in the past and they cannot rely primarily on control at home. This longest-serving incumbent party will easily win the election, but will likely be bruised in the campaign. Irrespective of the outcome, PAP will have a hard time trying to make things ‘normal’ after the elections. The ‘not normal’ mode is going to be around for some time.

https://bridgetwelsh.com/articles/singapores-not-normal-election/

Covid-19 and the S&P

In Financial competency on 21/07/2020 at 7:32 am

Those who waited for S&P (and other global equity indices) to dip again after late March collapse can go bang their balls.

But I wouldn’t go on a buying spree to compensate. Buy the dips.

Covid-19: The really bad news for India

In India on 20/07/2020 at 5:20 pm

India has now over a million cases and has the third largest number of coronavirus cases in the world after the US and Brazil.

But this figure is likely to be a gross underestimation of the number of Covid-19 cases because India (and the other sub-continent countries) are far behind other countries with serious numbers of Covid-19 when it comes to testing.

Why PAP should make Lawrence Wong PM

In Political governance on 20/07/2020 at 1:48 pm

But first trumpets for me. Long before (two years ++ before last Saturday night) social media tot that Lawrence Wong is a good choice for the PAP to make PM, I had spotted him:

I had written:

Lawrence Wong is a throw smoke specialist, good enough to be PM after Heng’s one term in that post. You heard these predictions here first.

Lawrence Wong: a PM-in-waiting

Here’s another reason why the PAP should make him PM.

The PAP can say

If Lawrence can become a multi-millionaire, so can any ordinary non-elite S’porean.

PAP pamphlet in GE 2026 campaign

His parents are ordinary S’poreams. Father was a marketing executive while mother was a teacher in Haig Boys’ Primary School: an ordinary middle class Katong family.

He’s no elite school boy or a graduate from an elite university also. He went to Haig Boys’ Primary School, Tanjong Katong Secondary School and Victoria Junior College. Whoever heard of these shit house neighbourhood schools?

He then went to the University of Wisconsin–Madis (Bachelor of Science degree in Economics) and then obtained a Master of Arts degree in Economics at the University of Michigan–Ann Arbor. Not exactly Oxbridge or Ivy League? Juz ordinary, good universities.

He’s juz like most hard working S’poreans: studied at non-elite institution.

To be fair, he then finally went to an elite institution: Kennedy School of Government, Harvard. But this was rather late in life, after he had been talent spotted.

Btw, as he’s divorced and remarried, the PAP can boast that it’s no longer puritanical. Once upon a time, the PAP leadership frowned on divorces and it’s alleged that the PAP’s pit bull terrier was put in purgatory when he divorced. He could have been a minister earlier, it’s alleged.

Covid-19: “Italian” virus not “Chinese” virus

In Uncategorized on 20/07/2020 at 5:17 am

Trump is wrong as usual. It’s not Kung flu from China, it’s Italian.

While the Wuhan virus really came from Wuhan, China, the problem is a mutation that came from Italy. It is now seen in as many as 97% of samples around the world. According to the BBC

the D614G variant is so dominant, it is now the pandemic

BBC

It even returned to China:

Whenever the two versions were in circulation at the same time, the new variant took over.

BBC

Read more at:

Great S’pore Fashion Sale when Covid-19 restrictions finally end

In Economy on 19/07/2020 at 3:48 pm

Retail stores “will have to discount heavily” to sell excess stock that may now be out of season according to retail experts.

Many clothing retailers have been sitting there with stores full of stock which they haven’t be able to shift.

One of the most pressing issues for retailers is working capital and there is a huge overhang of inventory at fashion stores.

Why India is reconsidering its attitude towards China

In China, India on 18/07/2020 at 3:54 pm

The FT’s James Kynge and Amy Kazmin discuss the relationship between Asia’s two superpowers.

But whatever it does economically against China, it hurts itself more than it hurts China:

China is India’s second-largest trading partner after the US. It accounts for nearly 12% of India’s imports in sectors such as chemicals, automotive components, consumer electronics and pharmaceuticals.

At least 70% of India’s drug intermediary needs are fulfilled by China,” Sudarshan Jain, president of the Indian Pharmaceutical Alliance, told the BBC.

India’s booming smartphone sector is heavily dependent on cheap Chinese phones made by Oppo, Xaomi and others who dominate the local market. These phones are “made in India” but the parts are imported from China.

Most consumer electronics and many industrial equipment makers say they need crucial intermediate goods from China.

Can India afford to boycott Chinese products?

And India’s blacklist of 59 Chinese apps

excludes India’s most valuable startups, including the US$16 billion payments giant Paytm, backed by Ant Financial, as well as education star Byju’s, which counts Tencent as an investor. Alibaba and Tencent also invested billions of dollars into other Indian startups such as Zomato, Big Basket and Ola. In total, 18 of India’s 30 unicorns have Chinese funding, Gateway House, a Mumbai-based thinktank calculates. 

Can India afford to boycott Chinese investors?

Dogs with fleas that could make you money

In Financial competency, Financial planning on 18/07/2020 at 5:10 am

Just realise that most of the time, there’s a good reason why investors avoid

listed companies which have their net cash exceeding their market capitalisation. This is essentially the same as net cash per share compared to the share price. The excess cash should also inform investors that these companies could be potentially strong takeover or privatisation targets, as acquiring these companies would improve the financial position of the acquirer. Therefore, to investors, they could expect to receive a significant premium on their investments if they purchased the company before any takeover offers.

https://www.theedgesingapore.com/capital/financially-savvy/cash-king-sometimes-so-cash-ratio

Where auditors usually fail when auditing

In Accounting, Corporate governance on 17/07/2020 at 4:56 am

According to the UK’s Financial Reporting Council, the auditors lapdog turned toothless watchdog after repeated audit scandals, the most common failings of auditors were not enough scepticism and insufficient challenge, especially when it comes to impairments, goodwill, long-term contracts and revenues, loan-loss provisions and cash flows.

Think our very own Hyflux (Did Hyflux’s auditors mislead?) and igNoble House (igNoble Hse omnishambles puts spotlight two int’l accounting firms).

PM: Why Heng’s the betterest

In Political governance on 16/07/2020 at 7:23 am

Heng has got a bad press from the usual suspects on social media and alt media for purportedlt nearly losing East Coast GRC (Only got 53.41% of the vote leh) and for talking cock:

For our East Coast residents, we also have a plan for the East Coast. We have a… East Coast… Singapore… we have it together… an East Coast plan. We care at East Coast

Part of Heng’s speech on nomination day

My avatar has gone onto FB to point out that if he hadn’t parachuted into the East Coast GRC, we could have seen the Wankers win 5 more seats in parly: total of 15. And for talking cock, he really did talk cock.

Seriously, he’s the right PM-in-waiting for us because

For the business community, Heng’s more collaborative approach is a bigger asset heading into such uncertain times. Whereas Lee Kuan Yew instilled “palpable fear in the room” due to “the strength of his intellect and the force of his personality,” Heng seeks out alternative viewpoints, said Ho Meng Kit, chief executive officer of the Singapore Business Federation, which represents more than 25,000 companies.‘Build Trust’“It’s a different style altogether,” said Ho, who previously served as principal private secretary to Lee Kuan Yew. “This time around it’s not just that strong leadership that matters, because no one knows where that future is,” he added. “And that future needs to be co-created between the public sector and the private sector. And in order to do that you need to build trust.

https://www.theedgesingapore.com/news/singapore-economy/dpm-heng-double-down-trade-will-navigate-different-future-predecessors

For “business community”, substitute “civil society” and the point Ho Meng Kit makes is even more relevant. He’s no bully.

We all want a more civil society and Heng is in a better position to deliver it because he’s more collaborative, and no bully.

Xia suay! Technical recession? What technical recession?

In Economy, Financial competency, Media on 15/07/2020 at 4:23 am

Singapore in technical recession after GDP shrinks 41.2% in Q2 from preceding quarter due to COVID-19

Constructive, nation-building CNA

Singapore enters technical recession as GDP plunges 12.6% in Q2: Flash data

Constructive, nation-building ST

Singapore has entered a technical recession after its economy contracted 41.2 per cent in the second quarter from the previous three months, dragged down by weak external demand and Covid-19 “circuit breaker” measures.

MediaCorp’s Constructive, nation-building freesheet

Kee Chiu if you believe it’s a “technical recession”.

The term “technical recession is used when there are 2 consecutive quarters of slightly negative numbers. There is nothing “technical” about the 41% collapse after “only” a 3% fall in the previous quarter.

Kee chiu if you still believe it’s a “technical recession”.

In America, the usually post-fact society, when the GDP was likely to fall because of Covid-19, a recession was “called” even by the Fed, the world’s central bank, even before the monthly data came out.

Kee chiu if you believe we juz had a “technical recession”.

The ang moh media got it right when they reported:

Singapore enters recession after economy shrinks more than 40% quarter on quarter

CNBC

Singapore Slumps Into Recession With Record 41.2% GDP Plunge

Bloomberg

But then they are not constructive, nor nation-building. Ask Trump.

The use of the term “technical recession” by our constructive, nation-building media must have resulted from a media briefing by some xia suay Ah Beng from MTI. Kee chui chiu if you know his identity?

For the avoidance of doubt, the technocrats at MTI did not use the term: https://www.mti.gov.sg/Newsroom/Press-Releases/2020/07/Singapore-GDP-Contracted-by-12_6-Per-Cent-in-the-Second-Quarter-of-2020

GE2020: Could have been 23 Oppo MPs

In Financial competency, Political governance on 14/07/2020 at 5:19 am

Emphasis mine.

12,367 votes (0.5% of the PAP’s popular vote) in all the marginal constituencies where the PAP scored around 55% or less (West Coast GRC, East Coast GRC, Bukit Panjang, Bukit Batok, Marymount) – and we might have woken up to headlines that Singaporeans elected 23 MPs from parties other than the PAP.

Or nearly a quarter of Parliament.

That’s how close this election was – in a way that even 2011 and arguably even 1991 wasn’t. To understand this, pay very close attention to the marginal seats (>45%, rounded to 1 decimal place) and count what would happen if all marginal seats flipped.

Carissa Cheow

For a more detailed analysis, click Carissa Cheow

GE2020: Great piece from TRE

In Political governance on 13/07/2020 at 10:54 am

I’m taking my time commenting on the GE result because I got so many things wrong: : My GE2020 predictions.


Maybe it’s all about

GE2020: “send money!”

Or

Given the timing of the GE, the election could have been seen by many voters was a referendum on the PAP government’s handling of the coronavirus outbreak. Maybe the result simply tells us that 39% of voters think the PAP govt did a bad job?

One Adrian Tan on FB

As for Sengkang:

Residents said that there was lack of neighbourhood provision shops and hawker centres in Sengkang

The housing estate is home to many young families who felt that the younger WP team could represent them

Residents also sang praises of Dr Jamus Lim, a new candidate of

https://www.todayonline.com/singapore/ge2020-sengkang-residents-give-reasons-why-they-plumped-wp-including-better-connection-candidates

And I’m not like those “experts” who having got things wrong, start explaining what happened in GE2020.

Whatever, here’s a really good piece from Augustine Low writing in TRE

Amidst the hope and euphoria, we should ask whether it’s a false dawn or a new beginning

There’s a saying, Fool me once, shame on you; fool me twice, shame on me.

Haven’t Singaporeans been fooled before? Haven’t we seen this movie that we are now witnessing? What makes us think that things would be any different this time around?

The People’s Action Party (PAP)’s popular vote share for GE2020, although a significant drop from 2015, is still higher than 2011. The PAP lost a GRC for the first time in 2011 and had to do soul searching. It followed up with some position and policy changes and managed to appease ground sentiment and curtail the tide of resentment and unhappiness.

And so in GE2015, the PAP scored a landslide victory in the aftermath of Lee Kuan Yew’s death. The PAP saw this as a resounding endorsement by the people. It could do no wrong. The results of GE2011 were nothing but an aberration, to be consigned to the history books.

After the 2015 sweeping electoral success, water prices went up steeply, impending GST hike was announced, foreign influx continued, Parliament passed controversial changes to the elected presidency, the hotly debated online falsehoods Bill (POFMA) was passed. In recent months, handling of the COVID-19 pandemic became a contentious issue and a general election was called despite pleas and advice to hold back.

Many call GE2020 a watershed election. GE2011 was also dubbed a watershed election, the PAP losing a GRC for the first time. GE2015 was also called a watershed election, coming in the wake of Lee Kuan Yew’s passing.

If we start calling every GE a watershed election, when does it hold significance anymore?

For GE2020, the PAP was true to form, conducting its campaign in predictable fashion.

Raeesah Khan’s past social media posts were whipped up and made a meal of at the height of the hustings. To the PAP, it was an opportunistic strike par for the course. But many of us watched and winced because we had seen it all before, it was trademark gutter politics.

As for the calling into question of Dr Chee Soon Juan’s integrity, we have also seen it before. But the use of an analogy involving spousal violence to make a point – that we have not seen, and it made us wince.

Fear mongering? It happened. As with every GE, Singaporeans were told they could find the PAP losing power overnight and what’s more, winning alone wasn’t enough, the PAP had to win big otherwise investors would lose confidence.

In 2011, late Lee Kuan Yew told Aljunied GRC voters they would “repent” if they voted in the Workers’ Party. For GE2020, Prime Minister Lee Hsien Loong went to Sengkang GRC and told the voters, “Why settle for PAP-lite? The real thing is much better.”

He must have thought it was witty and amusing because he laughed as he said it. The Sengkang voters, as it turned out, rejected “the real thing” in favour of “PAP-lite”, otherwise known as the Workers’ Party.

But having asked voters to go for “the real thing” in Sengkang, the PAP repeatedly touted the fact that no matter what happens, there would be 12 opposition NCMPs in Parliament. Guess what, where this is concerned, voters would much rather prefer “the real thing” – electing an MP into Parliament is far superior to having a losing candidate as an NCMP.

So when all is said and done, given the results of GE2020, we can expect the PAP to conduct a post-mortem – like it did in 2011. We can expect some fine-tuning, even some position and policy changes.

As for a less divisive, more inclusive style of governance, embracing diversity and aspirations of Singaporeans – that, we shall have to see.

So it’s not yet time to get swept away on a tide of euphoria.

By all means, in the wake of GE2020, let’s look at the glass as half-full. The people have spoken, the rest remains to be seen.

The PAP said of Dr Chee Soon Juan during campaigning: “a leopard does not change its spots.”

The best we could hope for is for the PAP to prove that a leopard can indeed change its spots.

Augustine Low

Btw, glad to see he’s recovered: More evidence that being anti-PAP is bad for yr mental health

Is China trying to con US or trying real hard

In China on 13/07/2020 at 4:40 am

The case for China tricking Trump over the Phase One deal

The case for China trying really hard to keep its word.

Why Amitabh Bachchan won’t die of Covid-19

In India on 12/07/2020 at 5:14 am

Because he’s Indian.

Bollywood superstar Amitabh Bachchan says he has tested positive for coronavirus.

Writing on Twitter, the 77-year-old superstar confirmed his diagnosis and encouraged anyone who had been in contact with him in the past 10 days to get tested.

He was transferred to Nanavati Hospital in Mumbai, according to local media.

A hospital official told The Indian Express newspaper that he was in a stable condition.

Don’t worry fans. Not only will he get the best treatment but India’s track record on two areas of the pandemic is good. But than that of the UK and the USA.

India’s recovery numbers are promising

The data suggests that those in India who have been diagnosed with the virus are recovering from it faster than they are dying from it.

And

India’s death rate is also very low.

India has so far recorded about 20,160 deaths from Covid-19. In absolute numbers, that is the eighth highest tally in the world. But per million of the population, it is low.

So relax fans, be happy he’s not in the US or UK.

GE2020: “send money!”

In Political governance on 11/07/2020 at 1:50 pm

The very surprising (and pleasant even though I got most things wrong: My GE2020 predictions) results reminded me of what a 19-year old Kenyan, Elsa Majimbo, who has become a social media sensation in Kenya for her humorous viral video monologues.

In one of her Instagram videos the 19-year-old tells the suitor staying at home during the coronavirus not to be “sending hugs, sending money… send money!”

“You want to send useless things and you have my bank details and address?”

Sounds like the message 39% of the voters are sending PM, Heng and the PAP, “Cut the bullshit, send the money”.

Covid-19: What India gets right

In India on 10/07/2020 at 2:27 pm

India gets a bad press internationally  because six months after its first confirmed infection it has overtaken Russia to record the world’s third largest number of Covid-19 cases.

But amidst all the criticism two facts stand out.

India’s recovery numbers are promising

The data suggests that those in India who have been diagnosed with the virus are recovering from it faster than they are dying from it.

India’s death rate is also very low

India has so far recorded about 20,160 deaths from Covid-19. In absolute numbers, that is the eighth highest tally in the world. But per million of the population, it is low.

GE2020: Terry is right

In Political governance on 10/07/2020 at 6:59 am

Terry’s Online Channel is absolutely right

SAD. We already know the result: Why even with 4G donkeys, PAP will retain power and Is there really a better alternative to PAP 4G?.

Be prepared to Pay and Pay: Why Pay And Pay govt wants elections earlier than later.

UNLESS PAP gets only 60% of the popular vote: Why 65% of the popular vote is so impt to the PAP.

Vote wisely.

Covid-19: More Pakistanis are dying than Indians

In India on 09/07/2020 at 6:08 pm

In the time of Covid-19, better to be a Muslim in India than in Pakistan. Btw, better to be a Muslim in Bangladesh than in India or Pakistan.

Heng should give diners 50% off on eating out

In Uncategorized on 09/07/2020 at 1:53 pm

Here’s a constructive, nation-building suggestion to help the food and beverage industry. We should have something like what is being planned in the UK.

in the UK, diners will get a 50% discount off their restaurant bill during August. Chancellor Rishi Sunak unveiled the “eat out to help out” discount as part of a series of measures to restart the economy.

The deal means people can get up to £10 off per head if they eat out from Monday to Wednesday. The discount will not apply to alcohol, but to food and soft drinks up to £10 per person.

The 50% discount can be used unlimited times during August and applies to participating restaurants, cafés, and pubs across the UK.

Extend it to hawker centres’ and food courts and Heng will be a really popular guy, and the PAP a really popular party.

Too bad it’s too late to announce this election winner.

Election Dept cares for us oldies, they really do

In Uncategorized on 09/07/2020 at 7:22 am

The Election Dept (part of the PM’s Office) really cares for those of us aged 65+.

Tomorrow, 8-10am has been allocated for us (and family members helping us to get to the polling centres) to vote.

 Also the ED says, “It is a valid reason to not vote because you are unwell.” There’s no mention of the need to produce a medical certificate when applying to be reinstated as a voter.

So if you are an ingrate oldie, feel free to take the day off. But if people like Lim Tean, Goh Meng Seng, Tan Jee Say, s/o JBJ and Raeesah Khan become MPs as a result, you’d better offer prayers and food to the 9th Immortal.

My GE2020 predictions

In Political governance on 08/07/2020 at 5:23 am

OK, OK, more like guesstimates and wishful thinking.

The Wankers will be reduced to Hougang. Bayee will have to shoulder the blame of losing Aljunied because moderate Chinese WP voters are wondering why they should support the Wankers after they fielded Ms Khan who shows no remorse about remarks about Chinese, Christians and the judiciary.

Yes she apologised, but only for hurting feelings, not for the underlying sentiments about Chinese, Christians and the judiciary. In the old days, pre Bayee, WP MP candidates were vetted to ensure that they were white sheets of paper, not colourful sheets of paper. The WP under Low was mindful of its public image as a respectable multiracial, albeit with a yellow flavour.

Bayee will resign as Sec-Gen and Dennis Tan will be the new Sec-Gen. Low has returned!

(Btw, even without Heng leading the PAP team, they’d lose East Coast. The Wankers are only wanking themselves if they really tot they could win East Coast. Even if Ivan Lim were the PAP’s lead candidate, the PAP would win. Fyi, I live juz outside the GRC: in Joo Chiat ward.)

Mad Dog will lose and he’ll go round biting everyone.

Lim Tean’s teams will all lose their deposits. As will Goh Meng Seng. This is wishful thinking rather than guesstimate.

S/o JBJ will finally balek UK. Good riddance to bad rubbish. He spent most of circuit breaker in the UK.

PSP will win the West Coast and Dr Paul win enter parly as an MP.

PAP will win anywhere between 65-70% of the popular vote. But many older votes (65 and above) will not be voting because of fears of catching Covid-19. The authorities have told them: “It is a valid reason to not vote because you are unwell.” There’s no mention of the need to produce an MC when applying to be reinstated as a voter.

Vote wisely to try to keep the PAP’s share of the vote about 60%: why 65% of the popular vote is so impt to the PAP. This is the only way to ensure we won’t have to Pay And Pay: .Why Pay And Pay govt wants elections earlier than later

Why no party include this in their manifestos?

In Uncategorized on 07/07/2020 at 5:32 am

A 4-day working week.

Yet the PAP and the leading Oppo parties talk about increasing productivity.

There is serious evidence that makes workers more productive.

Microsoft reported a 40% increase in productivity when it gave its 2,300 employees in Japan Fridays off. A New Zealand company, Perpetual Guardian, also found staff surfed the internet less in a similar experiment.

The UK Labour party floated the idea of a four-day working week last year and Finland’s Prime Minister promises to deliver three-day weekends.

The Oppo parties believe like the PAP that “Work will set one free”?

The original is “Arbeit macht frei”.

OLYMPUS DIGITAL CAMERA

Covid-19: India surpasses Russia

In India on 06/07/2020 at 2:58 pm

India has recorded more than 24,000 new cases of Covid-19 in the past 24 hours. India now has the third-largest number of confirmed cases in the world, 697,413. There have been 19,693 deaths.

The latest surge in numbers has also been caused by a rise in cases from a few of southern states, including Telangana, Tamil Nadu and Karnataka.

GE 2020: LKY is dead! Long live LKY!

In Political governance on 06/07/2020 at 4:50 am

As usual LHL is talking cock when he said

There will be no LKY bonus or SG50 to help the ruling party

He obviously forgot about the $1200++ we got and all the other Budget goodies: Cheat sheet for Fortitude Budget and other Budgets.


More talking cock by LHL

Xia suay! LKY’s really dishonourable son?

Speaking truth to LHY

—–

But then this kind of $ is “peanuts” for him.

Seriously, this GE is still about LKY’s legacy because the PM in waiting is the last direct link we will ever have with LKY: years ago, he was handpicked by LKY for greater things and he passed LKY’s tests with flying colours.

LKY described Heng as the best principal private secretary he ever had.

He has one of the finest minds among the civil servants I have worked with.

“One Man’s View of the World” by one Harry Lee

(To be fair LKY made this snide remark about him: “The only pity is that he is not of a big bulk, which makes a difference in a mass rally.”.

A really wicked tot: Maybe the 9th Immortal arranged for Covid-19 so that Heng could avoid addressing a mass rally? Only joking leh.)

Joke’s aside, this is the last and final chance for voters to ensure that LKY lives through the man he says:

He has one of the finest minds among the civil servants I have worked with“One Man’s View of the World”

Vote wisely.

Criticism of PAP govt’s handling of Covid-19 is really “noise”

In Political governance, Public Administration on 05/07/2020 at 5:13 am

Not me but Blackbox.

Interesting that the PAP govt’s standing has not been diminished by the cock up over FTs that resulted a lockdown (albeit a soft one) circuit breaker being imposed. If you read TRE and other anti-PAP alt media or social media, you’d think that the only reason S’poreans are not rioting over the handling of the Covid-19 pandemic is fear of further govt repression.

Reasons why S’pore give the PAP govt the benefit of the doubt on the FT dorms?

FT dorms scandal: Blame NIMBY S’poreans not the PAP govt (Ownself blame ownself)

Covid-19: We have our FT Indian workers, Poland has its coal miners (World wide problem)

Ang mohs rioted meh? Not South Asians? Workers’ dorms are multi-racial? (Pay-back time for rioting)

Covid-19: “Well-off” local family living (almost) like manual workers from India (Many S’poreans live like FT dorm workers)

Would the dorm workers prefer to be repatriated to India and Bangladesh? (Better here than back home)

Schematic on how Covid-19 affects the body explains why infected Indian dorm workers are still alive (Btw Covid-19: Death loves diabetic ethnic Indians in hospital and Covid-19: Ethnic Indians, Pakistanis and Bangladeshis got higher death rates in UK)

Vote for the PAP if you enjoy watching movies from home

In Internet, Telecoms on 04/07/2020 at 7:23 am

The UN Economic Commission for Africa reports downloading a five-gigabyte film in Ethiopia or the Democratic Republic of Congo can take between 12 and 14 hours, versus just over 11 minutes in S’pore.

Can India afford to boycott Chinese investors?

In China, India on 03/07/2020 at 1:44 pm

Chinese killed 20 Indian jawans and seized Indian territory.

India retaliated by banning ByteDance’s hugely popular video-streaming app TikTok and 598 other Chinese apps on national security concerns.

Not that silly of India because this significantly narrows a top growth market for Chinese technology firms and may embolden other governments to shut them out.

Fuelled by cheap data and a young population, TikTok has picked up some 200 million users in three years in India.

The popular mobile app features snappy, shareable videos, often catering to teens and other young people. Using filters, sounds, music and hashtags, young Indians upload songs, dances, pranks, comedy skits, career tips, challenges, language and yoga lessons.

Reuters

Interestingly, the blacklist excludes India’s most valuable startups, including the US$16 billion payments giant Paytm, backed by Ant Financial, as well as education star Byju’s, which counts Tencent as an investor. Alibaba and Tencent also invested billions of dollars into other Indian startups such as Zomato, Big Basket and Ola. In total, 18 of India’s 30 unicorns have Chinese funding, Gateway House, a Mumbai-based thinktank calculates. But new investment rules and rising anti-China sentiment may slow the overall flow of capital from the People’s Republic and that will hurt growth.

India and China have also become increasingly integrated in recent years. Chinese giants deeply “embedding themselves” in India’s socio-economic and technology ecosystem, according to Gateway.

“There have been more than 90 Chinese investments in Indian startups, most of them made over the last five years. Eighteen out of 30 Indian unicorns [tech startups valued at over $1bn] have a Chinese investor,” says Amit Bhandari, an analyst at Gateway house.

At $6.2bn, direct Chinese investment in India appears relatively small. But, Mr Bhandari says, restricting Alibaba and other Chinese tech giants from creating monopolies in the Indian market will be crucial given the “outsized impact” of these investments.

India has already amended its FDI (foreign direct investment) rules to stave off hostile takeovers of Indian companies.

Uncle Leong wants accountability from PAP govt but not from his fellow candidate, Lim Tean

In Uncategorized on 03/07/2020 at 6:36 am

What a hypocrite. SAD.

Leong Sze Hian, a member of Peoples Voice Political Party (PV) and its candidate for Jalan Besar GRC along with Lim Tean said he will champion greater accountability and transparency in Parliament if voted in.

TOC

Come on Uncle Leong. Why u stand with Lim Tean who has collected money for three various projects but not delivered on two of them? And the one projected that was delivered was a year late and rubbish.

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. No 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?

https://atans1.wordpress.com/2018/12/19/finally-lim-tean-called-to-account-on-a-broken-promise/

To be fair Lim Tean delivered on the defamation video: in January 2019, first promised in Sept 2017. Whatever happened to Lim Tean’s defamation video? And his jobs rally?

Don’t vote for Lim Tean and Uncle Leong. Btw, Lim Tean is also Leon’s lawyer in PM’s defamation suit against Leong.

Covid-19: PAP govt praised by US expert

In Public Administration on 02/07/2020 at 5:38 am

On Monday, Dr Anne Schuchat, principal deputy director of the CDC, warned that the US is not responding like other countries who have shown success in containing the coronavirus, and has allowed the virus to spread much more widely and rapidly.

“We’re not in the situation of New Zealand or Singapore or Korea where a new case is rapidly identified and all the contacts are traced and people are isolated who are sick and people who are exposed are quarantined and they can keep things under control,” Dr Schuchat said in an interview with the Journal of the American Medical Association.



New Zealand declared the country infection-free on 8 June, and since then has had to contain several cases that came from international travellers. South Korea has aggressively employed contact tracers, and since 1 April has recorded fewer than 100 cases per day. Singapore’s outbreak peaked in mid-April when 1,400 new cases were reported in one day.

BBC report

OK, OK, she didn’t juz praise our PAP govt, but going by what Lim Tean, Goh Meng Seng and TOC and other anti-PAP alt media are saying, The PAP govt is mishandling the pandemic.

Btw, staying safe is all about avoiding the three Cs: closed spaces with poor ventilation, crowded places with many people nearby and close-contact settings, such as close-range conversations.

Will the PAP govt ensure that these things can be avoided when we vote?

Covid-19: Ang moh runs up US$85,000 bill

In Vietnam on 01/07/2020 at 7:13 am

Fortunately for him and us, it’s not here.

An ang moh pilot who got Covid-19 while boozing at the Buddha Bar* in Ho Chi Min City was put on an Ecmo machine for eight-and-a-half weeks.  This machine is only used in the most extreme cases, to try to keep a patient alive. The machine extracts blood from a patient’s body and infuse it with oxygen, before pumping it back in.

An Ecmo machine costs US$5,000-10,000 a day to operate and he was reliant on one for eight-and-a-half weeks.

The ongoing wrangling over who will cover the costs are causing him stress and diverting attention away from his recovery. At first, the Hospital for Tropical Diseases paid out of its own pocket for his treatment. Then, it seemed the British embassy would intervene. His work insurance eventually covered the cost. But the funds for his stay in Cho Ray Hospital are still up in the air.

https://www.bbc.com/news/world-asia-53196009

If he had died, it would have been a first for Vietnam: no recorded death from Covid-19.


*The Buddha bar cluster, as it became known in the local press, was the single biggest outbreak of coronavirus in south Vietnam, infecting nearly 20 people both indirectly and directly.

BBC