Are you better off than Ted? Are you running faster only to move backwards? When can you be financially free?
Wednesday, 19 June 2013
20 year old HAZE problem Not Solved - Lousy Excuses from Singapore Gahmen
The 20 year old HAZE problem has Not been Solved and instead of managing and explaining the situation, the Singapore Gahmen is trying to defend themselves in an arrogant and condescending manner. I did not want to weigh in on the issue, but I just could not stand their excuses!!!!!
Firstly, Minister V has taken the side of the Indonesian officials in saying that Malaysian and Singapore companies are the ones who are the culprits and justice will be brought against them.
Okay, we are waiting, if it is Temasek / GIC owned companies what are you going to do?
Secondly, Minister S is saying that Netizens should not blame the gahmen for the haze problem. Hello?! Dun blame you then blame who? Gahmen always claim that we have ASEAN and good friends with our larger neighbours, but when got problem just say that each country is sovereign . Please grow a pair ! No Testicular Fortitude at all !
Hey we got such a large defence budget, instead of buying so many expensive F-35 planes, go and buy several fire fighting aircraft to put out the fires lah.
Implement all the green initiatives, such as cleaner petrol, electric cars, control car pollution, high price of smoking...all in vain when Indonesia burn their forests!
CANNOT MAKE IT!
Wednesday, 5 June 2013
Sunday, 2 June 2013
MDA’s SledgeHammer approach to the Internet
The Singapore’s MDA has recently imposed a new online licensing
scheme requiring websites that report on Singapore news and have at least
50,000 visitors a month to obtain annual licenses. The websites will also have
to post a performance bond of S$50,000.
This blog website who has less than 50 readers a day will
definitely not need to go through this crazy licensing, but since all the rules
are arbitrary and fuzzy anyways who says they might not change it to 1 reader
requirement in the future. We interviewed a few people on the street to get
their thoughts.
Banker Jing Bo Eng was rushing off to work with his
Starbucks and Prada manbag when we stopped him to ask some questions, “new
licensing scheme for new websites? Okay lah, I dun really read Singapore news
anyways, so boring, some politician visiting, govt agency killing mosquitoes, some
Singaporean got some award, army personnel cleaning up beaches.” He paused, as
he suddenly was distracted by a lady in a short mini-skirt walking by. He
turned back and comment,” I use the Internet for online gambling, soccer
betting, porn websites and downloading bootleg movies lah, now if they clamp
down on these, I immediately migrate and take all my CPF away I tell you!”
We also managed to catch up with Internet Entrepreneur Mr
Wong I-Dear, and he was concerned with the trend that seems to be occurring, “We
are monitoring the current situation closely and are concerned that this just the
start of a larger plan to control the internet and internet users. Our worry is
that this rules can apply to all forms of internet media and businesses. So if
we set up a gaming website which borders on gambling and have 50,000 per month
and profitable, does that mean we are under the rules too? It does seem that
the government just wants to take money from businesses and people in all ways,
no wonder they are called Pay & Pay.”
Housewife Mrs Mei Li Hoh was very harsh with her words, “Wah-lao
eh, so many other problems like MRT breakdowns, crazy property & car prices,
indiscriminate import of foreigners, dengue fever all never solve! Spent the
time to do all this ‘eat full nothing to do’ [Jiak Bah, Bo Sai Pang] stuff to
regulate the internet, tell them to go and piss into the ocean lah!”
MDA’s Senior Director Boh Zo Kang defended the new ruling as
necessary to ensure that Singaporeans get the right news that they deserve and
it was never intended to regulate the internet, though if they manage to convince
the masses, they may consider expanding the ruling. “We are in the experimental
stage with this ruling, we really like the potential controls and regulations
that will come to the Internet. Next in our long term unrealistic plans is to
solve world hunger and set up colonies of Singaporeans on Planet Mars.”
Wednesday, 3 April 2013
Really?! Rent out your car bumper space to earn money !
I really saw this guy advertising the new website and business plan of renting out car bumper space to earn money!
It is an innovative idea and considering the number of cars on the roads, it is a ready source of advertising real estate space on cars. The idea is probably the same as the adverts in front of urinals where men stand and are forced to look in front.
However, there are some doubts on how it will actually work.
(1) The website states that you bid, drive and then earn. So does that mean that only if your car is a certain make then they will ask you to advertise?
(2) So let's say you win the bid, how can the company ensure that you will continue to have the car decal on your car for say a month or so? How to police that ?
(3) How about the distance that is driven? What if the owner does not meet the minimum distance?
(4) For taxis it is quite clear they have the incentive to be on the roads continuously to earn a living so the adverts on the taxis will be seen.
In any case, it will be interesting when the website actually starts up in May 2013 !
Saturday, 30 March 2013
Don't read the Singapore Newspapers!
Don't read the Singapore Newspapers. The real stories and truth are from unbiased eyes. See the story below from the Star !
Foreign workers, who were once getting red carpet treatment because they were prepared to work cheaper and longer hours, are facing tougher times. The doors will remain open but some of the old cordiality is missing.
FROM Filipino waiters to Indian executives, from Malaysian managers to Chinese salesgirls, their presence seems heading for at least a temporary decline.
Several converging factors are conspiring to bring this about.
The first is the fast changing politics. The new Singaporeans, young and middle-aged, are becoming more outspoken against poor policies.
Explaining the phenomenon, Prime Minister Lee Hsien Loong said his government now has to negotiate a “major change” to a different brand of politics.
“It’s a different generation, a different society…” Lee told an interviewer. “We have to work in a more open way. We have to accept more of the untidiness.”
In rising numbers, Singaporeans are demanding the authorities to cut back the number of arrivals and reduce Singapore’s over-crowdedness.
Many of the foreign workers, who make up a third of the work-force, are concerned about the proposed economic restructuring that is aimed at them, right at the heart of immigration.
Secondly, a weakening economy that may reduce employability and a third factor is the city’s high cost of living which is increasingly affecting these workers as well.
All this is not expected to affect the city’s long-term plan for a six million population by 2020 (currently 5.3 million).
However, the next few years could further cut their rate of arrivals.
“The six million target may at worse be delayed by a few years. The immediate concern of the People’s Action Party (PAP) is to win the election in 2016,” said a political analyst.
To achieve that, it is making short-term adjustments, he added.
The government has taken a more urgent tone since the new budget was announced last month. It has rolled out several important measures towards a “Singaporeans first” policy.
That means firstly, a reduction of excessive demand for foreigners in both the service and unskilled sectors.
Less-skilled: The impact was felt in this sector last year which saw a big reduction of new permits, affecting restaurants, retail, cleaning, etc.
Professionals: The Manpower Ministry announced two objectives that will affect them. One was to reduce discrimination in the hiring and promotion of locals.
Secondly, it wants to carefully screen the qualifications and credentials of imported professionals to ensure they are genuine.
There had been numerous complaints of fake degrees or false representations by under-skilled foreigners desperate to land a job here.
The Acting Minister of Manpower Tan Thuan Jin wants to stop the discriminatory practice by foreign managers who hire and promote workers from their own nationalities, bypassing Singaporeans.
He told Parliament recently that he and Deputy Prime Minister Tharman Shanmugaratnam had met senior bankers and other executives urging them to hire, and give better opportunities, to more locals.
His ministry was investigating several cases of discriminations.
One “fairly prominent company” had its work pass privileges suspended after it advertised for workers of a certain nationality, he said.
When a new system of approving S-Passes, granted to mid-level executives, comes into effect in July, as many as 70,000 foreign workers are reportedly at risk “of not having their S Passes renewed when they expire”.
News reports said the new system stipulates that more experienced pass holders have to be employed at higher pay to continue working here.
Government officials said about 70,000 foreigners – or one in two S-Pass holders - will be affected by the new system.
All these moves could have a major impact on the foreign presence in Singapore, if it is seriously carried out.
Meanwhile, this trend coincides with a slight deterioration of the industrial climate involving lower-skilled foreign workers, particularly Chinese mainlanders.
Since last November’s major bus drivers’ strike, there has been a number of smaller scattered actions by Chinese workers demanding higher pay and better working conditions.
The latest case involved private bus operators in which a number of Chinese drivers had taken individual action to demand equal pay with their Singaporean colleagues.
According to the New Paper, they showed up late “well after their morning shift had ended” or simply failed to show up for work.
Their action is not getting much sympathy from the Singapore public, which is generally happy to see a reduction of foreign workers.
A recent government survey showed that nine out of 10 Singaporeans support measures to tighten the inflow.
Other surveys revealed that the majority of people would prefer to settle for slower economic growth in return for a smaller population.
The impact could soon be felt in the labour front. Some small and medium size companies, desperate for workers, have said they may close.
The National Development Minister Khaw Boon Wan has just announced that new projects may take longer to complete – 32 to 43 months instead of the usual 30 months.
This revelation hardly stirred any reaction among the public, an indication that Singaporeans are prepared to accept the price for fewer foreign arrivals.
Foreign workers, who were once getting red carpet treatment because they were prepared to work cheaper and longer hours, are facing tougher times. The doors will remain open but some of the old cordiality is missing.
FROM Filipino waiters to Indian executives, from Malaysian managers to Chinese salesgirls, their presence seems heading for at least a temporary decline.
Several converging factors are conspiring to bring this about.
The first is the fast changing politics. The new Singaporeans, young and middle-aged, are becoming more outspoken against poor policies.
Explaining the phenomenon, Prime Minister Lee Hsien Loong said his government now has to negotiate a “major change” to a different brand of politics.
“It’s a different generation, a different society…” Lee told an interviewer. “We have to work in a more open way. We have to accept more of the untidiness.”
In rising numbers, Singaporeans are demanding the authorities to cut back the number of arrivals and reduce Singapore’s over-crowdedness.
Many of the foreign workers, who make up a third of the work-force, are concerned about the proposed economic restructuring that is aimed at them, right at the heart of immigration.
Secondly, a weakening economy that may reduce employability and a third factor is the city’s high cost of living which is increasingly affecting these workers as well.
All this is not expected to affect the city’s long-term plan for a six million population by 2020 (currently 5.3 million).
However, the next few years could further cut their rate of arrivals.
“The six million target may at worse be delayed by a few years. The immediate concern of the People’s Action Party (PAP) is to win the election in 2016,” said a political analyst.
To achieve that, it is making short-term adjustments, he added.
The government has taken a more urgent tone since the new budget was announced last month. It has rolled out several important measures towards a “Singaporeans first” policy.
That means firstly, a reduction of excessive demand for foreigners in both the service and unskilled sectors.
Less-skilled: The impact was felt in this sector last year which saw a big reduction of new permits, affecting restaurants, retail, cleaning, etc.
Professionals: The Manpower Ministry announced two objectives that will affect them. One was to reduce discrimination in the hiring and promotion of locals.
Secondly, it wants to carefully screen the qualifications and credentials of imported professionals to ensure they are genuine.
There had been numerous complaints of fake degrees or false representations by under-skilled foreigners desperate to land a job here.
The Acting Minister of Manpower Tan Thuan Jin wants to stop the discriminatory practice by foreign managers who hire and promote workers from their own nationalities, bypassing Singaporeans.
He told Parliament recently that he and Deputy Prime Minister Tharman Shanmugaratnam had met senior bankers and other executives urging them to hire, and give better opportunities, to more locals.
His ministry was investigating several cases of discriminations.
One “fairly prominent company” had its work pass privileges suspended after it advertised for workers of a certain nationality, he said.
When a new system of approving S-Passes, granted to mid-level executives, comes into effect in July, as many as 70,000 foreign workers are reportedly at risk “of not having their S Passes renewed when they expire”.
News reports said the new system stipulates that more experienced pass holders have to be employed at higher pay to continue working here.
Government officials said about 70,000 foreigners – or one in two S-Pass holders - will be affected by the new system.
All these moves could have a major impact on the foreign presence in Singapore, if it is seriously carried out.
Meanwhile, this trend coincides with a slight deterioration of the industrial climate involving lower-skilled foreign workers, particularly Chinese mainlanders.
Since last November’s major bus drivers’ strike, there has been a number of smaller scattered actions by Chinese workers demanding higher pay and better working conditions.
The latest case involved private bus operators in which a number of Chinese drivers had taken individual action to demand equal pay with their Singaporean colleagues.
According to the New Paper, they showed up late “well after their morning shift had ended” or simply failed to show up for work.
Their action is not getting much sympathy from the Singapore public, which is generally happy to see a reduction of foreign workers.
A recent government survey showed that nine out of 10 Singaporeans support measures to tighten the inflow.
Other surveys revealed that the majority of people would prefer to settle for slower economic growth in return for a smaller population.
The impact could soon be felt in the labour front. Some small and medium size companies, desperate for workers, have said they may close.
The National Development Minister Khaw Boon Wan has just announced that new projects may take longer to complete – 32 to 43 months instead of the usual 30 months.
This revelation hardly stirred any reaction among the public, an indication that Singaporeans are prepared to accept the price for fewer foreign arrivals.
Friday, 1 March 2013
New Car Loan & ARF regulations - Reactions
New Car Loan & ARF regulations - Reactions
The MAS has just recently introduced new car loan restrictions, 50-60% limit on car loans with max loan tenure of 5 years. As well as high ARFs for more expensive cars. What has been the reaction on the ground?
Newly wedded couple Mr and Mrs Ting were sorely disappointed, "We were looking at a normal size car to allow us to drive to work and not have to squeeze in the over-crowded MRT and buses. With the large downpayment buying a car is out of our league. I guess I would have toenjoy, oops I mean tolerate being molested by all the Banglas on the train." exasperated Mr Ting.
We also managed to interview Mr Jian Chen from China, who kindly put down his Vertu handphone to talk to us. We found out that he was a provincal official in some obsure part of China, living it large in Singapore. We asked if the ARF would affect his car buying decision making. "Mei Wun Ti! Mei Wun Ti! Wo can afford luxury MerzBenzt ah, just siphon more public money only, sure can pay!"
Car dealers however were more worried and concerned, Mdm Buay Bac-side lamented,"Aiyoh, you know now with all these measures, less people will buy cars, I cannot make enough commission to upkeep my lifestyle. The new Birkin bag is coming out! How to afford!"
It seems that the only people thrilled by the prospects of the new car measures were un-licensed money lenders. Mr Tau Yi-Long exuded excitedly, " I tell you har, I luv this goverman! When they build two new casinos in Singapore, my business go up 30%. Now with these new car measures, I offer blidging rloan to pay the down payment, my profits sure sky rocket one! The goverman is like the Big Brother of loan sharks, oops I mean money lender. They so steady-pom pee pee. I have the group photo of the goverman ministers on my altar and every morning I burn three joss sticks for them. You know like Guan Gong!"
The MAS has just recently introduced new car loan restrictions, 50-60% limit on car loans with max loan tenure of 5 years. As well as high ARFs for more expensive cars. What has been the reaction on the ground?
Newly wedded couple Mr and Mrs Ting were sorely disappointed, "We were looking at a normal size car to allow us to drive to work and not have to squeeze in the over-crowded MRT and buses. With the large downpayment buying a car is out of our league. I guess I would have to
We also managed to interview Mr Jian Chen from China, who kindly put down his Vertu handphone to talk to us. We found out that he was a provincal official in some obsure part of China, living it large in Singapore. We asked if the ARF would affect his car buying decision making. "Mei Wun Ti! Mei Wun Ti! Wo can afford luxury MerzBenzt ah, just siphon more public money only, sure can pay!"
Car dealers however were more worried and concerned, Mdm Buay Bac-side lamented,"Aiyoh, you know now with all these measures, less people will buy cars, I cannot make enough commission to upkeep my lifestyle. The new Birkin bag is coming out! How to afford!"
It seems that the only people thrilled by the prospects of the new car measures were un-licensed money lenders. Mr Tau Yi-Long exuded excitedly, " I tell you har, I luv this goverman! When they build two new casinos in Singapore, my business go up 30%. Now with these new car measures, I offer blidging rloan to pay the down payment, my profits sure sky rocket one! The goverman is like the Big Brother of loan sharks, oops I mean money lender. They so steady-pom pee pee. I have the group photo of the goverman ministers on my altar and every morning I burn three joss sticks for them. You know like Guan Gong!"
Monday, 4 February 2013
Finally! Singaporeans First for Property !
Singaporeans First for Property ! In the first place, why should PRs get to buy Singapore HDB flats. You convert to a Singaporean than buy!
According to official figures, about 2,300 Singapore permanent residents (PRs) who own Housing and Development Board (HDB) property will be impacted by the government's latest round of cooling measures.
From last Saturday (January 12), PRs owning HDB flats are no longer allowed to sublet their entire property even after the stipulated Minimum Occupation Period (MOP).
Those PRs who have been already approved by HDB to sublet their flats prior to the introduction of the new measures will be allowed to continue with the subletting arrangement until the current tenancy expires.
According to data provided to PropertyGuru by the HDB, there were approximately 50,700 HDB flats owned by PR households as of December 2012 – roughly five percent of the total supply. Of these, HDB said around 2,300 PR households sublet their whole flats.
It is not known how many HDB-owning Singapore PRs were subletting their entire flats without approval from the housing board.
A spokesperson for HDB told PropertyGuru: "Subletting of the entire flat without HDB's approval is an infringement of the terms of the lease. Those who commit the infringement could have their flat compulsorily acquired by HDB."
Questioned about enforcement, the spokesperson added: "HDB conducts routine inspections of all HDB blocks. We also carry out regular checks on flats that have been approved for subletting and investigate suspected cases of unauthorised subletting. Residents are encouraged to call our hotline at 1800 555 6370 (Monday to Friday – 8am to 5pm) to report any suspected cases of unauthorised subletting of flats."
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