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07-Jul-2011 11:29 | User Research/Opinions / your biggest worries? Go to Message | ||
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Monday, January 10, 2011Singapore clan organization to set up scholarship for studying in Chinese universitiesXinhua, 10 Jan 2011
SINGAPORE, Jan. 10 (Xinhua) -- The Federation of Chinese Clan Associations of Singapore has said that it would be providing scholarships for students who would like to study at top universities in China. The organization has managed to raise 4 million Singapore dollars of fund that would be used to fund the new initiatives, including setting up a scholarship to encourage Singapore students to enroll in top universities in China, said Chua Thian Poh, president of the federation. Full story |
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07-Jul-2011 11:19 | User Research/Opinions / your biggest worries? Go to Message | ||
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O V E R H E A R D : Fried  Kua Teow is  nO lOnger  frAgrAnt  ? ? ? ? becAUse  DUCK  EGG  frOm  Malaysia  is  bAnned  ? ? ? ? |
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07-Jul-2011 11:09 | User Research/Opinions / your biggest worries? Go to Message | ||
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O V E R H E A R D : pOrk  prIces  are  sky hIgh  ? ? ? ? becAUse  Malaysian  pIgs  are  bAnned  ? ? ? ? INFLATION  POLICY  ? ? ? ? |
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07-Jul-2011 11:06 | Others / Aug 2, US-living on borrow time from debt disaster Go to Message | ||
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sInce  All  the  gOvernments  fAiled  the  peOple fIrst  aUsterIty  measUre  shOUld  be  tO cUt  gOvernment  sAlArIes  by  50% fOr fAiled  perfOrmAnce  ? ? ? ?
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07-Jul-2011 11:00 | Tiger Airways Rg / TigerAir Go to Message | ||
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AUSTRALIAN  UNIONS are STRONGEST  ? ? ? ?
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07-Jul-2011 10:58 | Tiger Airways Rg / TigerAir Go to Message | ||
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whAt  abOUt  sIlk aIr  ? ? ? ? S I A  ? ? ? ? flyIng  heIght  ? ? ? ? any  gUess ? ? ? ? whO  Is  checkIng  ? ? ? ? |
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07-Jul-2011 10:50 | Tiger Airways Rg / TigerAir Go to Message | ||
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AUSTRALIAN  authority is prObAbly  the Only One checkIng  flyIng  heIght  ? ? ? ?   OUTsIde  AUSTRALIAN  aIr spAce nObOdy  else Is  checkIng  ? ? ? ?   whAt  is  the  rIsk  tO  passengers  ? ? ? ? fly  at  Own  rIsk  ? ? ? ? fly  tIger  aIr  at  Own  rIsk  ? ? ? ?
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07-Jul-2011 10:37 | TeleChoice Intl / Telechoice Go to Message | ||
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WHY ? W H Y ? W? H? Y? it  dId nOt breAk S$0.30 ? |
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07-Jul-2011 10:33 | Teledata / Teledata Go to Message | ||
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Teledata pledges cooperation in probe SINGAPORE In a stock exchange filing, Teledata said it received a notice from the CAD on July 5, requiring its assistance in  a probe for an offence under the Securities and Futures Act. The CAD requested that Teledata provide information and documents on several transactions and correspondence between August 2009 and March 2010. These include the proposed acquisition of PT Centrin Online TBK, purchase of the company’s shares by Calypso Management Holdings and emails involving Mr Christopher Michael Pan, the former chief executive officer of Teledata. The CAD also requested for a list of Teledata’s company directors, management personnel and corporate secretary. The company was told to provide documents relating to its stock exchange filings between Oct 29, 2009 and Dec 22, 2009, and submit its board of directors resolutions and minutes of meetings from August 2009 to March last year. Teledata said that the documents requested pertain to the its previous board and management and that none of its current staff are under investigation. — Mainboard-listed Teledata has pledged full co-operation in an ongoing investigation by the Commercial Affairs Department (CAD) — the details of which were not disclosed. |
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07-Jul-2011 10:24 | User Research/Opinions / your biggest worries? Go to Message | ||
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mOst mOst  UNgrAtIOUs Act Is fOrcIng  sAvIng  Interest  rAtes  tO neAr  zerO eqUIvAlent  tO systemAtIc  rObbery |
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07-Jul-2011 10:21 | User Research/Opinions / your biggest worries? Go to Message | ||
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My top 10 ungracious acts seen daily Letter from Lawrence Seow FOR all our affluence and political clout, we are still in the dark ages where graciousness is concerned. It is difficult to be positive and upbeat when every day, one sees the negative aspects of our people. Just yesterday, I observed all this, which is my list of the top 10 “ungracious” acts (in no particular order): • Drivers intentionally accelerating when you signal your intention to switch lanes. • Drivers entering the yellow box when the lights are red. • Drivers not signalling when a lane is for both turning and going straight, resulting in those behind getting stuck. • People smoking in a nosmoking zone and at bus stops. • People rushing and pushing their way into the train before others can alight. • A passenger sleeping soundly while occupying a reserved seat in the train but waking up immediately at their stop. • A dog-owner allowing his pet to urinate in the HDB void deck. • Pedestrians crossing the road when the lights are against them. • Allowing children to run, yell and shout in a food court. • People clearing their throats loudly and spitting indiscriminately. By the way, these are everyday occurrences. Singapore a gracious society? I think not. mOst UNgracIOUs  Act  Is prOfIteerIng  vIA  rAIsIng  hIgh  prIces And  restrIctIng  sUpplIes |
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07-Jul-2011 10:14 | User Research/Opinions / your biggest worries? Go to Message | ||
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Capacity and 3Ms Letter from Arthur Lim I AGREE that building more hospitals alone will not solve the problem of capacity. Without the right calibre of healthcare professionals, it defeats the purpose of adding even one more hospital. The periodic grouses about waiting times should be taken in perspective as even in private hospitals or clinics, a patient has to wait. Policies should not be formulated based on facilitating convenience but on important essentials. The “fine-tuning” of the 3Ms — Medisave, MediShield, Medifund — should be done on a more frequent basis, once every two years, to factor in the increasing costs of healthcare. In its review, the Health Ministry should not “assume” that the public will find it expensive should there be a need to increase the premium for improved coverage but allow an opt-in, opt-out system and let them decide based on their ability to pay. There is a need to liberalise further the use of Medisave for dental treatment. Currently, it is only available for certain dental surgical procedures. The cost of procedures such as root canal treatment, with subsequent crowns and dentures that might have to be made, is rather high and would be a tough financial outlay, especially for the elderly. I hope the impending review evaluates the current situation from multiple angles to resolve glaring medium- and long-term issues.   Reward unsung heroes Letter from David Soh Poh Huat I AM glad that the Health Ministry is reviewing doctors’ salaries. I hope it will also look into the welfare and salaries of the “unsung heroes” in the hospitals — the nurses, physiotherapists, speech therapists, nutritionists and so on. I also hope that the tweak in salaries will not result in an increase in patient bills. |
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07-Jul-2011 10:09 | User Research/Opinions / your biggest worries? Go to Message | ||
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On fine-tuning healthcare Let 75-year-old fully tap Medisave Letter from Sangeetha Bysheim I REFER to the article “A full review of healthcare policies” (July 6). My 75-year-old father is diabetic and has to visit the doctors regularly for checkups and to receive medication. Each of his visits costs him an average of S$75. This includes the cost of consultation with nurses and medication. Only about 20 per cent of his bill can be charged to Medisave and he has to pay the rest in cash. As my father has a lifetime’s worth of savings in his Medisave, why do the current policies not allow him to pay the whole bill using the funds in his Medisave account? Isn’t he at the perfect age to start tapping on the funds fully? Especially as it is his regular life-saving medication? I sincerely hope the Government will take into consideration such scenarios when reviewing the health policies. |
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07-Jul-2011 10:01 | User Research/Opinions / your biggest worries? Go to Message | ||
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Public debt, private prosperity for Asia It’s not inconceivable that some Asian governments might go the way of Greece one day Simon Tay Problems in Greece with its second bailout are the most prominent but other problem economies in Europe await. Across the Atlantic, the US political system is in a deadlock about containing the runaway federal deficit while many cities and states are struggling. In contrast, most Asian governments have banked away surpluses and now hold comfortable reserves. Things could not seem more different. Trends, however, may be changing and not always for the better. The recent revelation by China’s auditor-general about debts owed by local governments should be taken seriously. The Compared to the country’s overall reserves, the problem may not seem so big. Beijing can issue government bonds, as some urge, or even afford a write-down. But neither will fix the systemic and ongoing problems. Concerns have to be addressed about transparency, rationality and accountability in government spending. So, too, must allegations about corruption. Such concerns are not limited to China. Stimulus spending and big infrastructure budgets in other countries too can disguise the diversion of funds. After decades of locking away high savings, Asians find that unlocking and using them wisely can be tricky. Spending is not, however, something to be avoided or simply accepted as inevitable. Indeed, encouraging Asians to spend more is necessary to make growth more sustainable. Who else can make up for the diminished demand from the West? A lot now depends on the Asian consumer. Newly-rich Asians — mainly hordes of Chinese — buying up luxury goods are just the most obvious sign. An Asian middle class is emerging which, depending upon definitions, will constitute 500 million to a billion people. Asia-wide consumption is projected to reach US$32 trillion in 20 years, comprising 43 per cent of worldwide consumption. The fastest growing markets for many firms and products will be in Asia. With this, balancing Asian pocket books will enter a new phase. Household saving rates in Asia will be lower in future. Governments too will, on balance, save less. Surpluses will be cut as trade balances shift. Add stimulus spending and infrastructure investment and reserves will be depleted. Given these trends, over time, it is not inconceivable that some Asian governments might one day go the way of Greece. Asia’s current financial systems have only a limited capacity to allocate saving to those who need capital. Many Asian households still keep a large part of their wealth in real estate, gold and other non-financial assets. Many do not have bank accounts because they lack access to banks, or simply do not trust them. Governments need to create deeper and more effective financial markets. This would help unlock savings and direct them towards firms that need capital to yield higher returns. Cross-border efforts must also be considered, especially among the smaller economies. Asians also need to seriously consider creating bonds to provide for investment in infrastructure, education and other needs. This would help governments raise and direct funds to specific needs. Public bonds could also potentially provide some discipline to government spending. Otherwise, Asian public reserves will continue to be locked in US Treasury bills, perpetuating pre-crisis patterns, and holding them captive to the value of the US dollar. Without other and more productive outlets, private savings in Asia are flooding into assets such as housing, creating artificial bubbles. Yet, even if Asians can avoid such bubbles and bad loans, develop more self-contained economy and self-generating growth, they must guard against hubris about Western folly. The interdependence with developed countries in both economics and politics continues. Asia’s growth will require capital, know-how and skills in such quantity and increasingly higher quality, that exchanges and engagements with the developed economies of the US and Europe will be essential. The world seems awash in public debt.China Daily described the US$1.65 trillion (S$2.02 trillion) of debt as posing a massive peril to the banking system, since 80 per cent is owed to China’s banks.Simon Tay is chairman of the Singapore Institute of International Affairs. This comment draws on work on a global think-tank panel on the future of prosperity convened by Aviva. |
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07-Jul-2011 09:24 | User Research/Opinions / your biggest worries? Go to Message | ||
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O V E R H E  A R D : Is  asking  someone to be an MP  ? ? ? ? a means to get the incumbent out of a position ? ? ? ? which  someOne else is interested  ? ? ? ?
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07-Jul-2011 09:19 | Tiger Airways Rg / TigerAir Go to Message | ||
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Australian revenue accounts for 45% of TIGER AIR's total revenue  ? ? ? ? | ||
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07-Jul-2011 09:17 | Tiger Airways Rg / TigerAir Go to Message | ||
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Tiger Airways. Maintain TRADING SELL, lower TP to S$0.71 (from S$0.92).    CASA announced in a statement last night that it will seek an extension to Tiger Australia's suspension until 1 Aug 2011. While this will hit Tiger's bottomline by S$8m, we see further financial impacts in the longer-term. Our FY12/13 forecasts are lowered by 27.3%/21.9% but our FY14 estimate is retained. Accordingly, we slash our target price by 22.8% to S$0.71. However, in the latest turn of events, Tiger has appointed Chin Yau Seng as Acting Group CEO and Tony Davis has replaced Crawford Rix as Tiger Australia MD, possibly a move to appease Australian regulators. We are very positive on this development and a turnaround for Tiger could be underway. |
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07-Jul-2011 09:10 | User Research/Opinions / your biggest worries? Go to Message | ||
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China raises interest rates amid inflation fight the 5th time in 2011 |
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07-Jul-2011 09:08 | User Research/Opinions / your biggest worries? Go to Message | ||
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Tuition and enrichment classes industry could see boom The number of registered private schools has fallen under the new regulations but tuition and enrichment classes could see a boom. During the CPE briefing yesterday, director Anthony Goh said that 223 private schools will no longer be required to be registered under the new regulations — with 190 switching to offer tuition and enrichment services. The remaining schools, such as government agencies offering courses, are exempted under the Private Education Act. The new regulations require only schools offering courses at diploma level and above to register. While more could rush to set up shop in the tuition and enrichment class industry and fly-by-night operators could try to cash in, Kent Ridge Tutors’ Max Wong believes that, despite the lack of an official regulating body, market forces will weed out malpractice. “It will be a repetitive cycle — new players come in but they drop out due to reasons such as a lack of passion or heavy costs … eventually parents will go to reputable centres and fraudulent operators will go out of business,” he said. Another tuition centre owner, who declined to be named, said regulations in place citing teachers’ qualifications are sufficient, and over-regulating would stifle educators who want to be tutors. In response to media queries on regulation for tuition centres, a Ministry of Education (MOE) spokesperson said that tuition centres with 10 or more students must be registered with the MOE. Under the Education Act, these centres need to comply with regulations such as having a school management committee, and be able to show that their tuition teachers are well qualified, he added.
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07-Jul-2011 09:02 | User Research/Opinions / your biggest worries? Go to Message | ||
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About 320 private schools left in the fray after new rules kick in NG JING YNG   SINGAPORE About 700 private schools have either ceased operations, merged or no longer qualify under the new regulations implemented over the past 18 months. — The number of private schools in Singapore has declined to 328 — about one-third of the original estimated total — due to new private education regulations. |
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