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Latest Posts By pharoah88 - Supreme      About pharoah88
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08-Jun-2011 12:53 User Research/Opinions   /   your biggest worries?       Go to Message
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SINGAPORE's  bank savings INTEREST RATES are NEAR ZERO.

lOwest  amOngst  fellOw  ASEAN  cOUntrIes  ? ? ? ?

MALAYSIA  banks are paying 3%pa in MALAYSIA




ICON  of  FINANCIALLY TRAPPED TROUBLED  NATIONS 

[USA & JAPAN]

niuyear      ( Date: 08-Jun-2011 11:24) Posted:



Singapore is  still    intact.

Singapore  has clinched the world's top 10  (7th position)  spenders.

Who are the contributors to this award? 

The filthy rich  PRs or true blue singaporeans?

pharoah88      ( Date: 08-Jun-2011 11:12) Posted:



WHERE  is   S I N G A P O R E  ? ? ? ?

DEVELOPED  NATION  ? ? ? ?

EMERGING  COUNTRY  ? ? ? ?


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08-Jun-2011 12:47 User Research/Opinions   /   your biggest worries?       Go to Message
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SINGAPORE's NEAR ZERO

Bank Saving INTEREST RATES

are  lOwest  amOngst  ASEAN




pOliticians  should  DECLARE

WHERE [and Amount] of their

PERSONAL BANK DEPOSITS  & SAVINGS ? ? ? ?




TRANSPARENCY  is  TRUST

TRUST  is  TRANSPARENCY
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08-Jun-2011 12:41 User Research/Opinions   /   your biggest worries?       Go to Message
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Green lungs to quell floods

Letter from Liew Kai Khiun

Building boom is part of the problem more sustainable development model is needed

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08-Jun-2011 12:35 User Research/Opinions   /   your biggest worries?       Go to Message
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FC CF

FIDELITY  is  COMMITMENT

COMMITMENT  is  FIDELITY

 

pharoah88      ( Date: 08-Jun-2011 12:10) Posted:

MP Yeo Guat Kwang sees his roles as ‘affiliations’

SINGAPORE —

Many are also “episodic” in nature, he told MediaCorp — so much so that he had asked his personal assistant to update his CV.

As of yesterday, it lists 54 positions.

While netizens had been chattering over his multiple hats, Mr Yeo clarified that he does not receive remuneration for those roles except for company directorships.

He said the appointments are platforms for him to serve. As president of the Consumers Association of Singapore, for instance, he was invited to advisory positions in trade associations.

Chua Chu Kang GRC MP Zaqy Mohamed, who holds seven other unpaid positions, including those in government parliamentary committees and unions, told MediaCorp:

“Once you’re the Government of the day, you do have to take on other responsibilities as opposed to being a grassroots MP ...

That’s why you’re there to do policy and advise with your expertise.”

Still, he acknowledged that certain appointments did take up time and he has scaled down his involvement.

Mr Yeo noted that meetings for some advisory appointments are usually held once a year. “The good thing is that now we’re all wired and more productive. For many of these committees, we just need to give our views through email ... and from then, see other members’ perspectives.”

His curriculum vitae on the Parliament website might have listed 64 “other appointments” but Ang Mo Kio Group Representation Constituency Member of Parliament Yeo Guat Kwang sees most of those roles as “affiliations” helping him to improve his understanding of the ground.CHEOW XIN YI


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08-Jun-2011 12:30 User Research/Opinions   /   your biggest worries?       Go to Message
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ID DI

INTEGRITY  is  DEDICATION

DEDICATION  is   INTEGRITY
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08-Jun-2011 12:26 User Research/Opinions   /   your biggest worries?       Go to Message
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Are fewer MPs holding company directorships now?

CHEO W XIN YI

cheowxinyi@mediacorp.com.sg

 

SINGAPORE

Email queries to 52 backbenchers, including the six elected Opposition MPs, found that 16 hold such positions.

In 2005, 26 were directors in public listed companies alone, a survey by

Latest records on the Singapore Exchange’s web portal and the

MediaCorp’s survey comes after Prime Minister Lee Hsien Loong issued his rules of prudence letter two weeks ago to new and existing People’s Action Party MPs. In it, he had advised them to conduct such business activities creditably.

And while 19 MPs did not reply or declined comment for this story, those who did shared the kind of consideration that has gone into their decisions on directorships.

For half of them, these are roles they assume simply by virtue of where they work. Joo Chiat MP Charles Chong, for instance, is a director in two joint ventures under his employer SIA Engineering, while Jurong Group Representation Constituency MP David Ong is the business owner and managing director of RedDot Publishing.

Meanwhile, more than half of those with no directorships are first-term PAP MPs.

Several new MPs, including lawyer Edwin Tong and unionist Zainal Sapari, said their current priority is their constituents, although they might make exceptions for directorships on non-profit organisations.

West Coast GRC MP Foo Mee Har, who heads Standard Chartered Bank’s priority and international banking, told MediaCorp she made a “personal decision” to step down from a board position before the polls to dedicate her time to understanding her constituency and grassroots organisations.

For her GRC colleague Arthur Fong, corporate considerations came into play: The Credit Suisse banker and three-term MP, who has held no directorship for the past 10 years, said he made the choice as companies may potentially have investment banking relationships with his employer.

Offering a different view, though, was Pasir-Ris Punggol GRC MP Gan Thiam Poh, whose employer DBS Bank had to approve his directorship at public-listed Ouhua Energy Holdings even before he entered politics.

While he said his foremost priority is his constituency, Mr Gan said he was open to directorships that would offer him the exposure and skills to help him “effectively serve the residents”.

[# lower cost of living for residents by securing SPECIAL  LOWEST PRICES  for  his CONSTITUENCY  ? ? ? ?  #]

But the days when some backbenchers held numerous listed directorships seem to be over.

At the moment, Potong Pasir MP Sitoh Yih Pin holds the highest number, six, followed by Ang Mo Kio GRC MP Yeo Guat Kwang with five and Marine Parade GRC MP Seah Kian Peng with two.

In the past, former PAP MPs such as Messrs Wang Kai Yuen and Ong Kian Min held as many as 11 directorships in listed companies during their political tenure.

To corporate governance observer Mak Yuen Teen, who has spoken publicly against excessive listed directorships by MPsthrough”., it seems that “PM’s words are filtering

The National University of Singapore Business School associate professor noted that MPs who held several listed directorships have retired in the last two elections:

“I hope it was (part of PM’s consideration for renewal).”

But Singapore Management University associate professor of finance Annie Koh offered another reason for the smaller scale of directorships now: The youth and non-exposure of newer MPs, many of whom were also from the public sector and labour movement.

“You can’t be invited to any board if you haven’t had a level of experience in order to advise companies accordingly ... If you’re young, the likelihood of you being asked to be a director is less high,” said Assoc Prof Koh, who is also SMU’s dean of executive and professional education.

Still, given some companies’ “misconceived notion” that having MPs on board “can open doors”, she expects offers to come in for the new MPs over time.

“But everyone is under watch these days with the power of media and social media ... People are even more conscious (especially) if there’s a chance that anything might lead to a misinterpretation,” she said.— It appears that fewer Members of Parliament are holding company directorships now compared to in the past.The Business Times had found.Bloomberg’s database show that only five elected MPs now are directors in listed companies.

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08-Jun-2011 12:10 User Research/Opinions   /   your biggest worries?       Go to Message
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MP Yeo Guat Kwang sees his roles as ‘affiliations’

SINGAPORE —

Many are also “episodic” in nature, he told MediaCorp — so much so that he had asked his personal assistant to update his CV.

As of yesterday, it lists 54 positions.

While netizens had been chattering over his multiple hats, Mr Yeo clarified that he does not receive remuneration for those roles except for company directorships.

He said the appointments are platforms for him to serve. As president of the Consumers Association of Singapore, for instance, he was invited to advisory positions in trade associations.

Chua Chu Kang GRC MP Zaqy Mohamed, who holds seven other unpaid positions, including those in government parliamentary committees and unions, told MediaCorp:

“Once you’re the Government of the day, you do have to take on other responsibilities as opposed to being a grassroots MP ...

That’s why you’re there to do policy and advise with your expertise.”

Still, he acknowledged that certain appointments did take up time and he has scaled down his involvement.

Mr Yeo noted that meetings for some advisory appointments are usually held once a year. “The good thing is that now we’re all wired and more productive. For many of these committees, we just need to give our views through email ... and from then, see other members’ perspectives.”

His curriculum vitae on the Parliament website might have listed 64 “other appointments” but Ang Mo Kio Group Representation Constituency Member of Parliament Yeo Guat Kwang sees most of those roles as “affiliations” helping him to improve his understanding of the ground.CHEOW XIN YI

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08-Jun-2011 12:07 User Research/Opinions   /   your biggest worries?       Go to Message
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ENLIGHTENMENT




BEAUTIFUL  from FAR

FAR  from  BEAUTIFUL




BF FB

out-of-the-box      ( Date: 08-Jun-2011 11:58) Posted:

The ugly truth, the BFFB " beautiful from far, far from beautiful"

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08-Jun-2011 12:03 User Research/Opinions   /   your biggest worries?       Go to Message
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PROTECTION  KEY  HOLDER  ? ? ? ?

Or  GATE KEEPER  ? ? ? ?

mUst  be 

tOtAl  strAngEr 

tO

MAIN  KEY  HOLDER  ? ? ? ?
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08-Jun-2011 11:53 User Research/Opinions   /   your biggest worries?       Go to Message
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OUTSOURCED  town council  holds the ORIGINAL  KEY  ? ? ? ?

outsourced maintenance  holds the SPARE  KEY  ? ? ? ?




O U T C O M E:

FREE  ILLICIT    QUICKY  HOTEL at  ROOF TOP  ? ? ? ?

URINE  &   SHIT &   CORPSE  in  WATER  TANK  ? ? ? ?

 

 
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08-Jun-2011 11:45 User Research/Opinions   /   your biggest worries?       Go to Message
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Will Dr Tony Tan run for President?

Like all Singaporeans, I am watching the political climate closely. It is clear that the next President of Singapore will hold office during a period of enormous change.

In such times, my view is that, it is more important than ever to have a President with a steady hand and a deep understanding of the complexities behind each decision the President may have to make.

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08-Jun-2011 11:37 User Research/Opinions   /   your biggest worries?       Go to Message
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the OVER PAYING  CITIZENS

are the  pOOr  ? ? ? ?
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08-Jun-2011 11:35 User Research/Opinions   /   your biggest worries?       Go to Message
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the  OVER PAID  GOVERNMENT

are the  rIch
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08-Jun-2011 11:33 User Research/Opinions   /   your biggest worries?       Go to Message
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ENLIGHTENMENT




pOOr  wIll  be

drOwn

by  rIch

out-of-the-box      ( Date: 08-Jun-2011 11:22) Posted:



Have to be realistic. The world is experiencing high inflation meaning money is getting smaller. So imagine inflation 5%, do you think when property price up 5% is real price increase? Unless the world is going through deflation like Japan before, I think property price is going up but this time steadily. Many people are hedging into gold, property, stock, insurance.... for what? Against inflation. So in real terms, those salary earner is going to get poorer and for low wages, it is going to be a serious problem.

Wealth distribution is also a real problem whereby rich will float with the tide but poor will drawn... ugrly truth

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08-Jun-2011 11:28 User Research/Opinions   /   your biggest worries?       Go to Message
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Salary panel seeks public feedback

Te o Xuanwei

xuanwei@mediacorp.com.sg

 

SINGAPORE

time last Saturday, the committee

tasked with reviewing the salaries of

the Republic’s political leaders has distilled

the slew of ideas it recieved from

various channels.

These include paying salaries comparable

to those of leaders in developed

nations and paying a person more only

after he has proven himself.

Other suggestions that the committee

will be considering: Have indicators

such as median salaries, income gap

levels and growth, as well as use private

sector best practices, but factor in the

calling for public service.

And the committee is calling for

more ideas with the assurance that it

“will consider every one of them for

their suitability and appropriateness”,

as committee chairman Gerard Ee put it.

In a press release, Mr Ee said that

the public can send in additional ideas

— via email or by post — by June 20.

He added: “We would appreciate it if

contributors not flame, even though

we fully understand the need to vent.”

Noting that Prime Minister Lee

Hsien Loong has not given the committee

a timeline to deliver its recommendations,

Mr Ee reiterated that the

eight-member team wanted to “get

down to work as soon as possible”.

Mr Ee said that the ideas which the

committee has compiled were culled

from mainstream and online media,

email and letters. The committee has

also written to Members of Parliament

to seek their input.

Mr Ee also set out the approach the

review committee will take.

The appropriate pay package —

inclusive of bonuses, pensions and

benefits — will be determined from a

human resource perspective, looking

at the individual grade, job size, scale

and impact of the work.

The team will also work with human

resource experts to “ensure that there is

rigour in the analysis”, he added.


This, said Mr Ee, would answer one of two questions the committee intends to find answers to: “What fair compensation would accord due recognition for the contributions of our political office holders?”


Are they emplOyEEs  ? ? ? ?

they vOluntarily undertOOk the mIssIOn  tO  sErvE  the  peOple of the natIOn  ? ? ? ?

It Is  lIke  a  natIOnal  servIce  ? ? ? ?

nOt  a jOb  Or  a carEEr  ? ? ? ? 

fOr  gOOdness sAke  ? ? ? ?

Is the mOnthly allOwance gIven tO ALL natIOnal servIcEmEn  fAIr  ? ? ? ?

WHY  the  femAle cItIzens are  nOt  sErvIcIng  natIOnal  servIce befOre they are allOwed  tO  be  MP and MINISTER  ? ? ? ?

ALL  femAle MPs and MINISTERS  must  SERVE  full time NATIONAL  SERVICE  before they are allOwed tO  stand fOr  election  ? ? ? ?

Before they can serve the PEOPLE, they must FIRST  of ALL SERVE the NATION in NATIONAL SERVICE  ? ? ? ?

It is a STANDARD    QUALIFICATION  CRITERION  ? ? ? ?— Having met for the first

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08-Jun-2011 11:12 User Research/Opinions   /   your biggest worries?       Go to Message
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WHERE  is   S I N G A P O R E  ? ? ? ?

DEVELOPED  NATION  ? ? ? ?

EMERGING  COUNTRY  ? ? ? ?

niuyear      ( Date: 07-Jun-2011 14:44) Posted:



Some had been waiting for pty price to come down, waited since 2009 and keep on waiting.      Properties here psf is still not the highest among developed countries.

pharoah88      ( Date: 07-Jun-2011 12:29) Posted:

Is it wise for relatively new properties to be encouraged to go en bloc?

Letter from Francis Chan

SHOULD the authorities take another look at their policies for en bloc sales, particularly of newer properties?

In the light of an urgent need to keep a check on rising property prices, is it wise for relatively new properties to be encouraged to go the en bloc route?

The immediate impact is an increased demand for both the purchase of replacement properties, affecting both the HDB resale and private property markets, and demand for new rental units.

For the latter, it is not uncommon for most of the newer properties to be investment-owned and tenanted, hence there is a multiplier effect that heats up the entire property market.

Besides, the continuing demand drives up construction costs and the need for more foreign workers.

While this may be good for our GDP, is the quick rise in property prices what the nation needs?

What drives the private property market ultimately impacts the HDB market, in terms of land cost, construction cost, and HDB resale prices.

Given that a major part of our national wealth is our land bank, and that they are revalued based on current market prices, the longer term risk of an asset bubble cannot be dismissed.

Perhaps, it is time to re-examine the merits to place a cap on the age of properties that can be put up for en bloc sales.



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08-Jun-2011 11:08 User Research/Opinions   /   your biggest worries?       Go to Message
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Sebastian Loh. Additional reporting by xinmsn News, Tue, 07 Jun 2011 02:56:26 GMT

John Edwards

The rich/powerful &  the scandalous (AP File Photo)

Larger image

 



The former U.S. Senator and presidential candidate is known for his political passion, good looks, and his scandalous affair with a campaign worker. The affair was first reported by The National Enquirer, a U.S. tabloid, and Edwards did the typical thing - deny, deny, and then finally... admit. Turns out, not only did he have an affair with the woman, he had a child with her.
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08-Jun-2011 11:05 User Research/Opinions   /   your biggest worries?       Go to Message
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Sebastian Loh. Additional reporting by xinmsn News, Tue, 07 Jun 2011 02:56:26 GMT

Dominique Strauss-Kahn

The rich/powerful &  the scandalous (AP File Photo)

Larger image

 



Dominique Strauss-Kahn once headed one of the most powerful and important financial institutions in the world - the IMF (International Monetary Fund). Called " The Great Seducer" and no stranger to infidelity, he previously apologized for an extramarital affair with a subordinate. Now, he's accused of sexually assaulting and attempting to rape a New York hotel maid. He has resigned his post at the IMF.
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08-Jun-2011 11:03 User Research/Opinions   /   your biggest worries?       Go to Message
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Sebastian Loh. Additional reporting by xinmsn News, Tue, 07 Jun 2011 02:56:26 GMT

Arnold Schwarzenegger

The rich/powerful &  the scandalous (AP File Photo)

Larger image

 



Arnie, Arnie... The Terminator turned California 'Governator' (now former 'Governator') recently dropped a bombshell to his wife - telling her that he had fathered a lovechild with a household employee. How'd you think she'd react to that, Arnie? Arnold and his wife, Maria Shriver, are now separated and chances are... she won't be bahk.
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08-Jun-2011 10:56 User Research/Opinions   /   your biggest worries?       Go to Message
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Sebastian Loh. Additional reporting by xinmsn News, Tue, 07 Jun 2011 02:56:26 GMT

Silvio Berlusconi

The rich/powerful &  the scandalous (AP File Photo)

Larger image

 



The billionaire Italian Prime Minister has been linked to many, many women. The latest scandal, and the one he is possibly the most in trouble for, involves a Moroccan nightclub dancer named Karima El Mahroug (a.k.a. " Ruby Heartstealer" ). He is accused of paying her for sex while she was below the age of 18. He's also accused of using his influence as Prime Minister to release her from police detention after she was arrested for theft.
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