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Fare aid for CCK elderly

San Jose : CA : USA | Aug 14, 2010

Source: Moreover Silicon Valley

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Manpower Minister Gan Kim Yong has become the first Member of Parliament to provide financial aid to elderly constituents hit by recent changes to public transport fares. The MP for Chua Chu Kang yesterday announced a one-time payout of $20 cash for each constituent who is over 60 years old and whose... FULL ARTICLE AT Moreover Silicon Valley

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15-Aug-2010 21:09

Genting Sing / GenSp starts to move up again

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GENTING

PASSION

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15-Aug-2010 21:07

User Research/Opinions / ^ Productivity ^ [Effecacy Efficiency Economy]

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PASSION

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15-Aug-2010 21:05

Others / TRADE FREELY & LiVE LONGER

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15-Aug-2010 21:01

User Research/Opinions / %%%% WORLD ECONOMIC SUMMIT %%%%

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EVERY LEADER   must be an   ENTREPRENEUR ? ? ? ?

before telling Others to be an ENTREPRENEUR   ? ? ? ?

and HOW GOOD it is to be an ENTREPRENEUR   ? ? ? ?

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15-Aug-2010 20:54

User Research/Opinions / %%%% WORLD ECONOMIC SUMMIT %%%%

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Aug 14, 2010

ENCOURAGING ^ENTREPRENEURSHIP^

dOn't tIe dOwn talent

THE Minister-in-charge of Entrepreneurship, Mr Lee Yi Shyan, discussed the issues Singapore faces in promoting entrepreneurship in Wednesday's report ('Wading into the Blue Oceans').

Mr Lee is right that we have strong fundamentals for doing business. Starting a company here is easy and inexpensive. The problem is that we do not have the right culture for Singaporeans to be entrepreneurs and for entrepreneurs to be creative and globally competitive.

I can think of three reasons why.

First, the mindset that an education is aimed at securing a good job, preferably with a large company or government institution; all the better if one obtains a scholarship to do so.

Government institutions perpetuate this mindset by ever increasing the number of scholarships, publicising the prospects of scholarship holders and fast-tracking their careers. We must cut the number of bonded scholarships and give more non-bonded awards for good performance in universities.

This will leave a larger talent pool of young people who are not tied down to organisations before they even dream of becoming entrepreneurs.

Second, the lack of exposure for young talent: Our tertiary institutions must allow more overseas tertiary twinning programmes, especially in places known for entrepreneurship, such as in the United States, Hong Kong and Taiwan, and in countries that are key future markets for Singapore, such as China and India.

The friendship built up by young talent across cultures may one day bring forth entrepreneurial Singapore companies with global ambitions. While our universities have taken steps in this direction by having offshore campuses and tie-up programmes, the pace should intensify and permeate to lower levels.

Few secondary schools have serious entrepreneurship engagement, and business school programmes are mostly theoretical in nature. Such engagements should go beyond business plan competitions. There can be more places that are easy for young aspiring entrepreneurs to develop ideas and test market products.

Finally, civil servants should change their play-it-safe mindset and take on more risk with local start-ups. The mindset that one has to play it safe to avoid mistakes that could affect future promotions is not good for our local industries.

Singapore has been successful in attracting the best companies to set up here to provide jobs. We now need to establish global entrepreneur-minded companies.

Yee Jenn Jong

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15-Aug-2010 20:43

Genting Sing / GenSp starts to move up again

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MBS is XTRA HiGH HANDED ? ? ? ?

nO cUstOmer delIght ? ? ? ?

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15-Aug-2010 20:40

Genting Sing / GenSp starts to move up again

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Aug 14, 2010

MBS Not the place to celebrate National Day

I CHECKED into the Marina Bay Sands integrated resort hotel on National Day to enjoy a panoramic view of the fireworks display over the waterfront.

But it was far from a world-class resort: Customers frustrated by their non-delightful experience transformed a well-appointed lobby into a market place.

We had to queue for hours to check into our rooms. I eventually got my keys and checked into my room at 7pm, four hours after the agreed time.

The water heater did not work, and when I reported the fault, the resort promised to resolve the situation within 45 minutes.

But I had to settle for a cold shower, six hours later.

At noon the next day, a hotel employee promptly knocked on my door informing us to check out, making us feel unwelcome.

When I left my room and tried to re-enter moments later to retrieve an item, my key was already disabled. In other words, I was locked out before my departure.

Reaching my room from the ground floor was an odyssey as the lift lobbies were crowded. Most of us had to wait a good 20 minutes before we could make our way into a vacant elevator.

My unpleasant experience suggests that the first-class hardware of Sands is poorly served by its third class 'software', or service.

I am puzzled why rooms were let to maximum capacity when Sands obviously had neither the manpower nor operational readiness to cope.

My unpleasant and disappointing National Day stay also raises the question of whether the hotel had the resources to meet the required safety guidelines for events like National Day.

Did the hotel also breach service guidelines by failing to check in guests at the agreed time?

Gerald Koh

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15-Aug-2010 20:35

Others / MBS Casino

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Aug 14, 2010

Not the place to celebrate National Day

I CHECKED into the Marina Bay Sands integrated resort hotel on National Day to enjoy a panoramic view of the fireworks display over the waterfront.

But it was far from a world-class resort: Customers frustrated by their non-delightful experience transformed a well-appointed lobby into a market place.

We had to queue for hours to check into our rooms. I eventually got my keys and checked into my room at 7pm, four hours after the agreed time.

The water heater did not work, and when I reported the fault, the resort promised to resolve the situation within 45 minutes.

But I had to settle for a cold shower, six hours later.

At noon the next day, a hotel employee promptly knocked on my door informing us to check out, making us feel unwelcome.

When I left my room and tried to re-enter moments later to retrieve an item, my key was already disabled. In other words, I was locked out before my departure.

Reaching my room from the ground floor was an odyssey as the lift lobbies were crowded. Most of us had to wait a good 20 minutes before we could make our way into a vacant elevator.

My unpleasant experience suggests that the first-class hardware of Sands is poorly served by its third class 'software', or service.

I am puzzled why rooms were let to maximum capacity when Sands obviously had neither the manpower nor operational readiness to cope.

My unpleasant and disappointing National Day stay also raises the question of whether the hotel had the resources to meet the required safety guidelines for events like National Day.

Did the hotel also breach service guidelines by failing to check in guests at the agreed time?

Gerald Koh

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15-Aug-2010 20:27

Trading Techniques / ! ! ! ! Trading Seminars ! ! ! !

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15-Aug-2010 20:24

Trading Techniques / ! ! ! ! Trading Seminars ! ! ! !

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	Meetup Reminder The Singapore Forex Trading Meetup Group
Your group has a Meetup tomorrow! You still need to RSVP.

What

Start Free Forex Basic Training to Meetup Group Members by Volunteers Plan Ahead

When

Monday, August 16, 2010 7:00 PM

Who

37 Yes / 0 Maybe
There's still room for 3 more.

Where

Online Trading Academy Singapore
7 Maxwell Road, MND Complex, Annexe B, #04-05/06
Singapore 069111
+65 64239788

RSVP Now

YES

MAYBE

37 SG FX Traders/Members RSVPed Yes, including…

see all

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15-Aug-2010 20:21

Others / Photographying Floods can be risky too

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A 13-year-old boy was struck by lightning —

at 13:13 hours on Friday the 13th,

according to reports.

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15-Aug-2010 18:59

Genting Sing / Genting SP Next Move

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HEARD:

BUY QUEUES already lined up for Genting Singapore.

To benefit from Genting UK's BLACK HOLE RESET, CHERRY PiCK Genting Malaysia on DiP when UK economy's recovery is STABLE.

Option ( Date: 15-Aug-2010 18:40) Posted:

GOOD ANALYSTS VIEW !!! HOW TO JUMP OVER THAT HOLE BY THIS COMING WEEK ???

02-Jul-2010 10:16

Genting SP / GenSp starts to move up again

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UK Divestment is "shOrt-Term PRO"

but "lOng-Term CON" ACTiON

fOr GENTiNG SiNGAPORE sharehOlders

BLACK HOLE in GENTiNG UK already RESET

WiTH CASH frOm GENTiNG SiNGAPORE.

Actually GENTiNG UK is ready fOr recOvery when

UK ecOnOmy recOvers.

GENTiNG WORLD already registered GENTiNG UK entity

AWAiTiNG the RiGHT TiMiNG fOr this TRANSFER.

GENTiNG UK WiLL be iMMEDiATELY PROFiTABLE

when UK ecOnOmy recOvers.

By THEN, GENTiNG SiNGAPORE sharehOlders WiLL

have nO share Of GENTiNG UK prOfits.

FOr the iMMEDiATE TERM, GENTiNG SiNGAPORE sharehOlders are HAPPY tO get RiD Of GENTiNG UK even thOugh SACRiFiCiNG their fUtUre share Of GENTiNG UK's recOvery prOfits.

As lOng as bOth GENTiNG SiNGAPORE sharehOlders and GENTiNG WORLD sharehOlders are bOth HAPPY HAPPY , it is a WiN WiN sOluTiOn fOr bOth.

This is TRUE STREET-SMART METRiTOCRACY

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15-Aug-2010 18:54

Genting Sing / Genting SP Next Move

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This is part of Genting Worlds Globalisation Paradigm.

Genting Singapore has nO share in Genting N Y.

Genting Singapore will FOCUS On RWS.

Option ( Date: 15-Aug-2010 18:14) Posted:

Company operation it look funny...

Juz_Invest ( Date: 12-Aug-2010 14:03) Posted:

Genting wins NY casino bid

Genting is reportedly offering the state an upfront fee of US$380 million (S$518.6 million), more than the US$300 million minimum required in the request for proposals.

GENTING NY, a subsidiary of Asian gaming giant Genting Malaysia, has clinched a 30-year franchise for the Aqueduct racetrack in Ozone Park, New York.

The bid, awarded by the New York Lottery Division on Aug 3, comes after a nine-year wait which has seen many bidders losing out.

But the Genting deal is not fully in the bag yet as New York governor David Paterson and legislative leaders senate conference leader John Sampson and assembly speaker Sheldon Silver must still approve the Lottery's choice.

The New York Leader/Observer newspaper quoted the governor as having said publicly that he will go along with the Lottery's decision.

There are also several steps remaining before construction can actually begin.

'After the governor and legislative leaders sign the MOU (memorandum of understanding), the contract goes to the attorney general's office for approval,' Lottery spokesperson Jennifer Givner said. 'Then it goes to the comptroller for approval and filing in his office. Under state Finance Law, a contract isn't binding on the state unless the comptroller approves and files it.'

This process could take up to several weeks.

Genting is reportedly offering the state an upfront fee of US$380 million (S$518.6 million), more than the US$300 million minimum required in the request for proposals, said the NY Leader/Observer report.

Genting NY was the last bidder after the Lottery disqualified then two others in the running, SL Green/Hard Rock/Clairvest and Penn National, saying that they 'did not conform with the requirements of the competition'.

.........

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15-Aug-2010 18:46

Genting HK USD / Genting HK US$

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Genting Hong Kong
A pioneer in its own right, Genting Hong Kong was incorporated in September 1993 operating its fleet under Star Cruises, to take on a bold initiative to grow the Asia-Pacific region as an international cruise destination. Our mission statement is to create world class entertainment and leisure experiences for our visitors. Our unique venues and itineraries, coupled with a promise to deliver bestinclass services, will ensure an unforgettable experience by all. Genting Hong Kong constantly seeks new scalable business opportunities, and ways in which we can excel and improve in our business proposition. Headquartered in Hong Kong, Genting Hong Kong has a presence in more than 20 locations worldwide with offices and representation in Australia, Cambodia, China, India, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, Sweden, Taiwan, Thailand, the United Arab Emirates, the United Kingdom, the United States and Vietnam.

Genting Hong Kong is listed on The Hong Kong Stock Exchange and is traded on the Quotation and Execution System for Trading of the Singapore Exchange Securities Trading Limited.

Star Cruises China Holdings Limited trading as Star Cruises Travel Agency is a full service travel agency offering an exciting range of travel products and services. Star Cruises Travel Agency is a wholly-owned indirect subsidiary of Genting Hong Kong Limited (“GENHK”) (formerly known as Star Cruises Limited), and one of the best leisure and hospitality corporations.

Star Cruises Travel Agency offers the following services:
- hotel reservations
- travel deals
- vacation packages
- cruises
- airline tickets
- transportation services

Star Cruises Travel Agency is a member of IATA, TIC, HATA, HJTOA and HACTO

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14-Aug-2010 21:19

Genting HK USD / Genting HK US$

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14-Aug-2010 21:12

Genting HK USD / Genting HK US$

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14-Aug-2010 20:47

Genting HK USD / Genting HK US$

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http://business.inquirer.net/money/topstories/view/20100813-286605/RP-firm-debuts-in-offshore-debt-market-with-500-M-bond-issue

RP firm debuts in offshore debt market with $500-M bond issue

By Doris Dumlao
Philippine Daily Inquirer
First Posted 20:11:00 08/13/2010

TYCOON ANDREW Tan’s property- and consumer-based holding firm Alliance Global Group Inc. successfully debuted in the offshore debt market with a $500-million seven-year bond issue.

The maiden bond issuance carried a coupon of 6.5 percent a year, the lowest coupon rate achieved by a Philippine issuer for an overseas debt with a maturity of more than five years.

AGI, which was actively traded stock at the Philippine Stock Exchange yesterday, defied the equities downturn and saw its share price rise 0.49 percent to P6.20 each on news of the successful bond foray. Analysts said that after borrowing at a very cheap rate, AGI could gain in peso terms given the bearish trend of the dollar.

“We are extremely pleased with the response of the investor community on our inaugural bond issue,” Tan said in a press statement.

Lauro Baja, managing director of UBS, which acted as sole lead manager and sole bookrunner for the transaction, said in an interview that the offering was more than nine times oversubscribed, with the order book hitting nearly $4 billion. About 17 percent of the issuance was taken up by investors from the Philippines while Hong Kong and Singapore jointly accounted for 72 percent. Europe had a share of 7 percent while offshore US accounts took up 4 percent.

“There was no roadshow and it was oversubscribed at the first 30 minutes,” Baja said. He added that AGI was originally planning to raise only $300 million from the overseas bond market but took advantage of strong market demand to upsize the offering.

The issuance was priced on Thursday at a yield of 6.625 percent, which was tightened from an initial guidance yield of 6.75 percent.

“It’s a tribute to the success of Andrew Tan and his vision for Alliance Global. The investors are comfortable with credit profile and business assets—Megaworld, Travelers, Emperador and also McDonalds,” Baja said.

It was also seen as a good time to tap the overseas bond market given the robust demand for Philippine debt paper.

AGI’s revenues are driven primarily by its real estate development arm Megaworld, which accounts for 46 percent of the business. The consumer business contributes about 44 percent primarily through liquor manufacturer Emperador Distillers and fastfood restaurant holding firm Golden Arches Development Corp.

Emperador Distillers produces leading brandy labels Emperador and Generoso. Golden Arches is the master franchise holder of McDonald’s in the Philippines.

AGI’s fourth business group--Travellers International Hotel Group--is the developer and operator of Resorts World Manila, the country’s first integrated tourism estate in Newport City located across from Terminal 3 of the Ninoy Aquino International Airport. It is a joint venture between AGI and Genting Hong Kong Ltd. (formerly named Star Cruises Ltd. of Hong Kong), the third-biggest cruise line operator in the world and part of the Malaysian conglomerate Genting Berhad.

Proceeds from the offering will be used by AGI to partly refinance existing debt as well as to fund the expansion of its operating units.

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14-Aug-2010 20:35

Genting Sing / GenSp starts to move up again

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http://www.sharemarketsg.blogspot.com/

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14-Aug-2010 20:34

Genting Sing / Genting

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