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13-May-2011 10:42

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PAP MP Charles Chong:

‘We were disadvantaged by new boundaries, too’

Tan Weizhen

weizhen@mediacorp.com.sg

Mr Chong said the redrawing of the electoral boundaries was one key disadvantage because at least one-third of the ‘real Joo Chiat’ ended up in Marine Parade GRC.

The Boundary Shift probably SAVED

SM GOH and Tin P L frOm DEFEAT ? ? ? ?

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13-May-2011 10:38

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Is PAP

an AGEING DINOSAUR ? ? ? ?

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13-May-2011 10:31

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I wondered how leaders would react: Chuan-Jin

But PAP MP felt that call for ruling party to change was something that needed to be said

Teo Xuanwei

xuanwei@mediacorp.com.sg

That was why Brigadier-General (NS) Tan Chuan-Jin was the first among the People’s Action Party (PAP) cadres to explicitly state, at his May 4 lunchtime rally at UOB Plaza, that the ruling party has to change in order to retain the “moral authority” to lead.

It was at this same rally that the Prime Minister surprised many with his apologies about the Government’s shortcomings.

“When I crafted my speech, I did wonder how the party leadership would take to it,”

the Marine Parade Group Representation Constituency (GRC) MP told

After some pondering, he went ahead with it. “It was something I’ve expressed all along even during my interviews to enter politics in mid-2008, I had given my feedback (that the way the party does things had to change) frankly. So with the best of intentions, I felt that it was something that needed to be said,” he told

A transformation within the PAP has become a buzzword in the aftermath of the ruling party’s loss of Aljunied GRC. Despite the incumbent team, led by Foreign Minister George Yeo, pledging to drive the change from within if re-elected, voters eventually plumped for the Workers’ Party’s team.

For BG Tan, 42, the signals of public “frustration, angst perhaps” against the Government’s perceived lack of consultation or high-handedness were evident to him even when he was being considered for candidacy.

“Obviously you hear it from friends, family, so that was something I was very conscious of,” he said.

When I decided to come in, I was quite clear in my mind this was not a trivial matter ... it cannot be business as usual ... the way we did things needed to be adjusted.

Brigadier-General (NS) Tan Chuan-JinSINGAPORE — To this Member of Parliament, political leadership boils down to one simple mantra: Do what is right.Today during an interview after his first Meet-The-People Session on Tuesday.Today.

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13-May-2011 10:22

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Not given NCMP seat, so

Eric Tan quits Workers’ Party

WP decides to give seat to rookie Gerald Giam

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13-May-2011 10:19

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‘Many remain hurt by MM Lee’s remarks’

Leong Wee Keat

weekeat@mediacorp.com.sg

“You need only ask the Malays and Muslims in Singapore — many were hurt by those remarks and remain so”.Hard Truths to Keep Singapore Going,

Mr Zainul, who was a member of the PAP Aljunied GRC team which lost the General Election (GE), made this point to “show how easily the knots of racial harmony in our community can unravel”.

“Integration does not only mean living in harmony.

There must be equally opportunities for all ... No Singaporean must ever feel alienated, or worse, marginialised,”

he told reporters yesterday.

Asked about the timing of Mr Lee’s remarks, which were published in the book

Mr Zainul pointed out the remarks had been made two years ago but as the book was only published earlier this year, he acknowledged:

“So in that sense, (the) timing was bad for the GE.”SINGAPORE — While Minister Mentor Lee Kuan Yew felt that his remarks about Malays, Muslims and integration did not affect the Malay vote for the ruling People’s Action Party (PAP), Senior Minister of State for Foreign Affairs Zainul Abidin Rasheed said yesterday:

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13-May-2011 09:15

Genting Sing / GenSp starts to move up again

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Genting Singapore Plc, the world’s third-biggest casino company by market value, turned to a first- quarter profit after attracting more customers to its resort in the city-state.

The company posted net income of $305.4 million in the three months ended March 31, from a loss of $396.3 million a year earlier, Singapore-based Genting said in a statement today. Sales almost tripled to $922.6 million.

Singapore Airlines Q1 profit drops 38%

Associated Press
First Posted 19:56:00 05/12/2011

SINGAPORE—Singapore Airlines Ltd. said its profit fell 38 percent in the January-March quarter as soaring fuel prices pushed up expenditure.

The carrier said in a statement Thursday that its net profit in the first quarter was SG$171 million (US$139 million) compared with SG$278 million a year earlier.

Quarterly revenue at the world's second-biggest airline by market capitalization rose to SG$3.59 billion from SG$3.34 billion a year earlier.

Expenditure increased to SG$3.42 billion from SG$3.10 billion as jet fuel prices jumped 34 percent from a year earlier.

The airline said high fuel prices and weakness in passenger numbers would continue to hurt operating performance in the near term.

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13-May-2011 08:31

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Updated: 12/05/2011

Zainul Abidin Rasheed says Aljunied GRC defeat will not change resolve to serve

®Copyright MediaCorp

Senior Minister of State for Foreign Affairs Zainul Abidin Rasheed says he has always been dedicated to serving the people and the nation, and that the results of the May 7 elections will not change his resolve.

In his first media conference on Thursday (12 May) after the People's Action Party (PAP) team was defeated by the Workers' Party team in Aljunied GRC, Mr Zainul says he will do what he can for so long as he is able.

He says sad as he is with the result, he's energised by the love and concern shown by his family, friends and Aljunied residents who have not voted for the PAP team.

Furthermore, many residents of Aljunied have also come out to say how much they liked and appreciated the efforts of the team.

But there were also many residents who voted based on issues above and beyond Aljunied GRC.

On issues concerning the Malay-Muslim community, Mr Zainul says Minister Mentor Lee Kuan Yew had felt that his remarks on Malays, Muslims and integration in his recent book, " Hard Truths" , did not affect the Malay support for the PAP negatively.

However, Mr Zainul says Singaporeans need only ask the Malays and Muslims in the country.

He says many were hurt by those remarks and remain so.

Mr Zainul says this goes to show how easily the knots of racial harmony in the community can unravel.

Mr Zainul adds that while it is unlikely he will stand in the next election due to his age, he will leave it to the party to decide.

He will be continue his involvement as Adviser to the Aljunied Grassroots Organisations.

-By S Ramesh

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12-May-2011 18:28

Genting Sing / GenSp starts to move up again

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12-May-2011 18:18

Others / GE2011 Co-driver analogy...haha

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I R O N Y

Singapore

importing FOreign TALENT

who:

- don't speak English at ALL

- don't speak proper English which Singaporean cannot understand

- speak flawed English at most

implying ENGLISH is GROSSLY UNIMPORTANT ? ? ? ?

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12-May-2011 18:12

Others / GE2011 Co-driver analogy...haha

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AMERICA

SPEAKS MOST ENGLISH

attracted World's TOP TALENT

nOw

It is in bIggest and DEEPEST TROUBLES ? ? ? ?

UK

SPEAKS QUEEN'S ENGLISH

already BEATEN LONG AGO by AMERICA ? ? ? ?

GERMANY

DID NOT SPEAK ENGLISH

STILL EU No. 1 LEADER ? ? ? ?

JAPAN

DID NOT SPEAK ENGLISH

ASIA TOP LEADER ? ? ? ?

CHINA

DON'T SPEAK ENGLISH

WORLD'S NEXT LEADER ? ? ? ?

PHILIPPINES

MOST ENGLISH SPEAKING ASEAN MEMBER SINCE 1970

WORLD MAID EXPORT LEADER ? ? ? ?

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12-May-2011 17:51

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POLICY CAUSED

SINGAPOREAN ENTREPRENEURS

tO FAIL ?？ ?？

out-of-the-box ( Date: 12-May-2011 17:36) Posted:

Singapore has to admit of mistakes made when they only encourage MNC and not building up local businesses so when time like now, we are down with no local brand (Taiwan is so successful and they are just about the same time like us but they have Acer... and so many others).

When crisis came, bank took our protection away so many went bankrupt, did anyone came to help to overcome the shortcoming if the confident in Singapore is strong?

How many Singapore are rich and resourceful? As a Singaporean, I want to strive but I cannot if taxes press on me and limitation circle me that I just can't get out of the box.

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12-May-2011 17:45

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http://beerbeer.org/?p=1876

Girls Wild Night Out On Fun MPV @ Singapore

July 28, 2009 - 6:14 pm No Comments

(TheStar Online) - A MPV, which has been converted to allow its passengers to sing karaoke, have drinks and even hold striptease shows on board, has become the latest craze in Singapore.

According to its operator Cos-mosine, bridesmaids would book the MPV to celebrate their best friend’s last night as a single woman by calling men to perform striptease. Sex toys such as dildos were also provided.

“The theme of the MPV is fun,” said a Cosmosine spokesman. Cosmosine began its operations in April, charging a minimum of S$188 (RM451) for the use of the vehicle.

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12-May-2011 17:26

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HUMAN OSTRICH

POLICY MAKER

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12-May-2011 17:25

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ENLIGHTENMENT

The GDP growth model in the long run only represent the Growth potential of the entire economy and only benefit the policy makers and the power players.

In short, SMEs and family business with less influence will suffer both long and short run.

MasterNg9999 ( Date: 12-May-2011 16:21) Posted:

ACFTA is the largest free trade area in terms of population and third largest in terms of nominal GDP(wiki). With its creation,what has concur is the conglomerate of several market into one lopsided market in terms of finance and production.

In general,if one would consider the means of production in Asean , it would be obvious that less influential members within Asean are not prepared to compete within the new economical framework with the exception of Singapore.

Furthermore, the financial system in most Asean nations are not adequately equip to finance the local population with the necessary tools to counteract the unequal cost-production functions between China and Asean

The GDP growth model in the long run only represent the Growth potential of the entire economy and only benefit the policy makers and the power players.In short,SMEs and family business with less influence will suffer both long and short run.

In retrospection, Singapore have always enjoy abundant economical success but always fail in geopolitical terms

Cheers

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12-May-2011 17:19

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HUMAN OSTRICH

POLICY MAKER

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12-May-2011 16:15

Others / GE2011 Co-driver analogy...haha

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同甘共苦

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12-May-2011 16:09

Genting Sing / GenSp starts to move up again

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niuyear ( Date: 12-May-2011 15:31) Posted:

I have never doubted this for as long as people still has the gambling interest.

pharoah88 ( Date: 12-May-2011 15:29) Posted:

SINGAPORE
Analysts say they expect stocks of gaming companies such as Genting Singapore to stage a strong rebound in coming weeks.
This is due to easing concerns over Genting’s profit outlook and expectations of higher tourist arrivals that will provide a boost to earnings.
Analysts are bullish about the long-term prospects of the two integrated resorts here as tourist arrivals are expected to continue to rise over the next two to three years.
“The medium- to long-term story for tourism remains very strong,” says Mr Wong Sui Jau, Fundsupermart general manager, citing the 20 per cent growth in tourist arrivals last year.
However, some market watchers say the local gaming industry could face a policy risk. In a report on Monday, Nomura Equity Research said “investors may be concerned about sectors such as residential and gaming, which may be affected as a result of policy review”.
Genting shares traded at a low of S$2.08 to as high as $2.24 last week. They have since rebounded to close at $2.20 yesterday.
In a May 9 report, Credit Suisse research analyst Foong Wai Loke said the market consensus for Genting’s Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) remains very wide, ranging from S$1.4 billion to S$2.3 billion.
“This we believe contributes to its lacklustre share price performance,” his report said.
Still, Credit Suisse believes Genting can also benefit from the region’s active stock market which could be positive for VIP casino revenues, as well as strong commodity prices in Malaysia.
Ahead of Genting’s results announcement today, analysts said investors would rather sit on the sidelines.
“Genting’s results may surprise us. So I would say the verdict is still not out yet,” said Mr Liu Jinshu, investment analyst at SIAS Research, adding that investors will be looking closely at Genting’s profit margin and whether it will beat the lower-than-expected first-quarter results of Marina Bay Sands.
Last week, Marina Bay Sands’ parent company, Las Vegas Sands, reported that the profit margin at the Singapore resort was 48.6 per cent, down from 54.6 per cent in the fourth quarter of last year.
Analysts at Mumbai-based financial group IIFL which initiated coverage on Genting believes the stock is well-placed to capture the rise of gaming in Asia.
In a report on Monday, IIFL estimated the Asia-Pacific casino gaming sector would grow 24 per cent yearly to US$62.9 billion from last year to 2014.

Singapore, in particular, will be able to tap into this given its position as a gateway to South-east Asia.— The chips were down for the local gaming sector last week but its fortunes are set to change.

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12-May-2011 16:08

Genting Sing / GenSp starts to move up again

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pharoah88 ( Date: 12-May-2011 15:19) Posted:

Fortune likely to favour Singapore’s gaming sector

Julie Quek

juliequek@mediacorp.com.sg

Analysts are bullish about the long term prospects of the two integrated resorts here as tourist arrivals are expected to continue to rise over the next two to three years.

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12-May-2011 16:04

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12-May-2011 16:01

User Research/Opinions / MAY BANK initiates GROWTH ERA tOday

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Zainul Abidin Rasheed says Aljunied GRC defeat will not change resolve to serve

Girls Wild Night Out On Fun MPV @ Singapore

同 甘 共 苦

同甘共苦