Latest Posts By pharoah88
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| 12-Jul-2010 11:49 |
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FLEXiBiLiTY and CHOiCE are nOt cOmmuters' WiMs and FANCiES iF there is Really FLEXiBiLiTY and CHOiCE, cOmmuters' ONLY WiSH to CHOOSE LEAST transpOrt cOst
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| 12-Jul-2010 10:21 |
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• NEWS HOTLINE 6822 2268 Monday July 12, 2010 www.todayonline.com we set you thinkingFlexibility and choice are the aims Lim Hwee Hua says fare system changes will eventually benefit more Ng Jing Yng jingyng@mediacorp.com.sg |
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| 12-Jul-2010 10:19 |
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S$1.64 NiCEz
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| 09-Jul-2010 16:04 |
YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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GAP UP iN neXt wEEk |
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| 09-Jul-2010 16:01 |
YZJ Shipbldg SGD
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Cruising with the ship ..Yangzijiang
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Buy Yangzijiang Shipbuilding; Hold Cosco Corp We rate YZJ a Buy for its strong execution track record and attractive valuations (as one of the cheapest Chinese shipbuilding stocks). COS’ valuations currently appear fair; we rate the stock a Hold. Our target prices are S$1.75 for YZJ, and S$1.58 for COSCO. We base YZJ’s target price on the Gordon Growth model and use an average of the Gordon Growth model and PEG for Cosco. Key upside risks: rise in new order wins and strong project execution. Key downside risks: greater-than-expected steel price increases, fewer–than-expected new order wins and tightening of credit markets. 
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| 09-Jul-2010 15:50 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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If peOple really want to dO a gOOd jOb, use RFiD scannIng and taggIng. vEry Often when sOlutiOn is nOt implemented, it is becaue peOple dO nOt want tO dO it WHEN there is nO PersOnal reward iN iT . . . .
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| 09-Jul-2010 15:44 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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POWER SHARED AND DECENTRALISED Today, the differences in multicultural Switzerland — whose four official languages are German, French, Italian and Rumantsch — are carefully respected. The members of the country’s government, the seven-strong Federal Council, have to be representative. “Everybody should be represented, the sexes, the religions, the languages, the city and the countryside,” Ms Barbara Iseli, an official of the Canton of Bern, told reporters recently. “And the parties as well,” she added, almost as an afterthought.
When a council member retires, it may not be easy to find a Catholic, female, German-speaking replacement, someone joked.
The current Swiss President, Madam Doris Leuthard, who is visiting Singapore today, will only hold this post for a year, before another council member takes over the annually-rotated job.
Power is not only shared but decentralised — the 26 cantons and 2,600 or so municipalities are largely autonomous.
Apart from its unique history, there are certain factors that enable the participatory Swiss system to work, where it might lead to chaos and deadlock in many other countries. These include a high literacy rate, the country’s small size and “fairly sophisticated media services. The people have to be well informed in order to be able to make rational decisions”, said Ms Andrea Blaser, another Canton of Bern official.
Dr Ooi Kee Beng, a Senior Fellow at Institute of Southeast Asian Studies, said:
“This type of democracy has a tradition attached, where there is a pro-activeness in social life; and a political maturity which also makes it possible to discuss most things without hostility; as well as a broad education system that concentrates both on hard and soft subjects.
“Rightly or wrongly, newer nations do not suppose themselves to be able to afford such conditions.”
But there is one trade-off for the Swiss: Change can be slow in coming under direct democracy, Ms Blaser acknowledged. “It’s a long process to change, to have a new law for example.”
For instance — and ironically, for its allcomer’s approach to decision making — Switzerland was the last country in Europe apart from Liechtenstein to give women the vote, in 1971.
Still, while building consensus to reach a decision may take time, it also makes for stability, said Ms Barbara Iseli: “It may be slow but it’s really a decision of the majority that will last.” The writer is a correspondent at |
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| 09-Jul-2010 15:32 |
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STI to cross 3000 boosted by long-term investors
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I This cosy ordinariness seems an apt metaphor for the Swiss system of direct democracy. In Switzerland, market vendors and MPs alike can influence government decisions, and casting ballots is as unremarkable as shopping for the household. It’s a system that’s arguably more democratic than anywhere else in the world. For non-Swiss, it can also be a bit of an enigma. Three or four times a year, popular votes on political issues are organised in Switzerland. Citizens, for example, have the right to demand that any bill approved by Parliament be put to a national vote. This kind of vote, called an optional referendum, can be held once 50,000 signatures are collected. Last September, the expansion of the World Trade Organization’s (WTO) headquarters in Geneva was subject to a local referendum; some of the city’s residents had complained that the project would affect Geneva’s lakeside views. The WTO was eventually given the nod by 62 per cent of the voters. For me, an outsider unused to such consultative zeal, the existential question was: How do the Swiss make it work? And things don’t just work in Switzerland, they often sparkle and shine: The modest-sized country is peaceful and prosperous; its fabled efficiency isn’t a myth; Swiss rivers and lakes look clean enough to drink from. Part of the answer could be that Switzerland, sometimes called the world’s oldest modern democracy, couldn’t always make it work. Protestants fought Catholics, peasants launched uprisings — there are plenty of bloodthirsty conflicts in the history of Switzerland, which began as an alliance of Alpine communities in 1291. In some cases, economic cooperation, among other things, led to fuller cooperation between the cantons or states. The art of working together across differences, a feature of Swiss direct democracy, was arguably honed over centuries. n the Swiss capital of Bern, Members of Parliament can pick up their groceries right at the steps of power. Twice a week, an outdoor market is held on the Bundesplatz, the square in front of the House of Parliament.
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| 09-Jul-2010 15:18 |
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World Cup 2010
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| 09-Jul-2010 14:50 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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AUGUST 2010 TARGET 3100
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| 09-Jul-2010 14:43 |
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STI to cross 3000 boosted by long-term investors
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The enigma that is
VENESSA LEE |
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| 09-Jul-2010 14:39 |
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Voices
today Friday July 9, 2010
Just green and bear with it
Budget Tai-Tai CA CREDI T W Tabitha Wang I Yes, if you are in Hong Kong, which treats trees as evil Godzilla-like beings on a constant lookout for people to squash. A couple of weeks ago, an 80-yearold banyan tree collapsed in Central. Only two people were mildly hurt by the falling branches, but from the uproar it raised, you would have thought the 10-metre tree had targeted those two in some kind of kamikaze mission. Granted, sometimes falling trees can cause tragedy. On June 14, one fell in front of a cyclist, who swerved to avoid it, hit his head on the pavement and later died. And then there was the one everyone remembers: The death of university student Kitty Chong Chung-yin, 19, when a diseased tree fell on her in 2008. But what some people don’t understand is that trees are living things and, like all living things, will die if they don’t get enough nourishment and care. When a tree falls, it’s not the fault of the tree, but that of the authorities looking after it. The problem is, the authorities here treat trees like pests, rather than natural beauties. People ask me what I miss most about Singapore. I tell them that, apart from the food and the people, it’s the trees. I yearn for the lovely shade they cast on a sunny afternoon. I dream of my favourite stretch of road — the bit along the East Coast Parkway where rainforest trees spread their branches over the whole six lanes. What rubbish, you say? After all, doesn’t Hong Kong have plenty of trees and hectares more national parks than Singapore? The Leisure and Cultural Department says it plants 10,000 trees, 500,000 annuals and close to 3 million shrubs every year. To be fair, the place, which once used to be described as a “barren rock”, has been good with its reforestation attempts and is green where it used to be grey. But take a closer look and you’ll notice that most of the lush greenery is confined to mountainsides and parks. All you see in the city itself are spindly shrubs in plastic pots amid acres of concrete and asphalt. The pots are for convenience as the roads and pavements are always being dug up, so they can hardly have permanent greenery. No one seems to know what to do with the lovely banyans Hong Kong used to be known for. Unlike in Singapore, which will divert a road just to save a tree, the authorities here allow heritage trees to be encased in concrete and, when the trees start dying because their roots can’t get enough water and nutrients, order them to be chopped down. They treat trees more like cancerous growths than living things which can help with Hong Kong’s pollution. When it comes to greening urban areas, Hong Kong falls far behind our Garden City. They’ve just finished one part of the waterfront where I often wait for the shuttle bus home. Finished, that is, to the town planners, but I found it uncomfortably empty. For weeks, I kept wondering what was missing, when a Singaporean friend happened to remark: “That place needs some greenery.” Ah yes, trees to break up those soulless cement plazas and squares between the buildings. The concrete jungle effect is most felt now, when temperatures start rising. In the winter, shade isn’t crucial, but in the summer, it can mean the difference between arriving for a work meeting looking cool as a cucumber or like amelting tub of ice-cream. There is a vast expanse of concrete in front of the Star Ferry pier in Tsim Sha Tsui that I refuse to cross in hot weather. With no shade in sight, you can feel your hair frizzle before you get to the end of the whimsically-named “piazza”. I once asked a Hongkonger why the city seemed to have a death warrant out for trees and, after denying it weakly, she paused and said: “Maybe it’s because we can’t control them. They grow where they want and fall when they want. Oh, and they always become toilets for dogs.” f a tree falls in a city but no one gets killed, does it still make headlines?Tabitha Wang thinks dogs do more for Hong Kong’s trees than humans do. in Braddell. TODAY FILE PHOTO
Unlike Singapore, which will divert a road just to save a tree, the authorities in Hong Kong allow heritage trees to be encased in concrete and, when they start dying because their roots can’t get enough water, order them to be chopped down. Just green and bear with it |
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| 09-Jul-2010 14:19 |
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STI to cross 3000 boosted by long-term investors
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nOt my cUp Of tEa I DON'T accEpt secOnd HAND THiNG nO matter hOw swEEt it is alrEady nOt frEsh. This Type Of 1 + 1 is dOuble LiABiLiTY nOt ASSET. (Robert Kiyosaki advised NEVER acquIre LiABiLiTY) EvEn iF it is 1 + 1 (yOunger ViRGiN SiSTER), One STiLL have tO fEEd twO bOdies and fOur mOuths and One has tO be a mUsIm tO have mOre than One wives ....
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| 09-Jul-2010 13:58 |
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HEARD: sOme TRiBE peOple have dOubleD FACES and BLACK HEART . . . . that blEEds Only BLACK blOOd An ANGEL frOnt FACE as wEll as a demOn BACK FACE |
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| 09-Jul-2010 13:54 |
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TRUE COLOURS of gIrls are always HiDDEN gIrls have dOubled FACES BEWARE AWARE SCARE CARE
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| 09-Jul-2010 13:50 |
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At LEAST SHOW the minimum HEART prOvide FREE BiCYCLES at ALL bUs stOps and ALL MRT statiOns This WiLL cOst lEss than the YOG BUDGET . . . . and LAST fOr DECADES . . . . |
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| 09-Jul-2010 13:46 |
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The SAME and SiMPLE fOrmula WiLL ease ALL CAR TRAFFICE CONGESTiON. #### WiNNERS TAKE ALL #### #### LOSERS PAY ALL #### jUst make CAR OWNERS the LOSERS and PAY for ALL TRANSPORT. FREE BUSSES FREE MRT GUARANTEED tO TERMiNATE the CAR TRAFFiC CONGESTiON iN SiNGAPORE. WHAT is the FUSS ? ? ? ? TRUE HEARTED GENUiNE SOLUTION THiNK OUT Of thE bOx |
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| 09-Jul-2010 13:27 |
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In the First place, WHO actually caused the TRAFFIC CONGSTION ? ? ? ? All because of bOth the LAND TRANSPORT AUTHORITY and the TOWN DEVELOPMENT AUTHORITY's BAD PLANNiNG and pOOr cOOrdinatiON in DESiGN ? ? ? ? This is the INHERENT CAUSE . . . . nOw they just put ALL THE BLAME on the CAR OWNERS ? ? ? ? When car owners are caught in a JAM, do the car owners have a chOice to drIve Out Of the JAM ? ? ? ? OtherewIse, the JAMMED car Owners' bank accOunts wIll BLEED tO DEATH as the ERP rates cOntinue tO RiSE in the JAMMED rOads while there is really nO EXiT tO get Out Of the JAM by thOse whO are caught in the mIddle ? ? ? ? WHAT is the ULTiMATE Objective ? ? ? ? tO iNCREASE REVENUE cOllectiOn Or tO imprOve LAND TRANSPORT ? ? ? ? By CONSTRAiNING BUS and MRT transports, CAR transport can NEVER be iMPROVED vIa iNCREASiNG cOllectiOnS. The whOle wOrld knOws that . . . . There is nO GenuIne prOmOtiOn for the PUBLiC to TRAVEL by PUBLiC TRANSPORT as cOllectionS are iNcreasing in ALL BUS, MRT, TAXI and CAR transport. |
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| 09-Jul-2010 13:14 |
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Priced to clear Changes to ERP system may not have deterrent effect Letter from Mabel Tan I REFER to “More flexible road pricing with satellites” (July 6). While I agree with the Land Transport Authority that it would be fair to price road usage according to the level of real-time congestion, I think this will not automatically result in better management of road congestion. One problem is that not all motorists will be able to stay up-to-date with the latest traffic information and road charges, and so cannot readjust their routes based on changing congestion charges. Also, with the many ERP gantries currently on the roads, most motorists have simply resigned themselves to the higher cost of driving and do not choose a route based on ERP pricing. I think ERP price increases only have a temporary effect, as the congestion on the most popular routes seems to return to previous levels after some time. But my biggest concern would be the potential lack of cost transparency. If charges vary according to congestion, how will a motorist be able to anticipate how much his trip will cost? Even if he uses his car during the off-peak period or on familiar routes, road conditions (and therefore charges) could fluctuate depending on unpredictable factors such as accidents or lane closures. Ultimately, satellite charges would not change the main reasons why many still drive. Personally, I think that the initial ERP system, when only crowded expressways were taxed during peak hours, served the purposes of congestion management best. There were only a few ERP gantries, with fixed tolls, so drivers could remember them and make an effort to plan their route. I understand that managing congestion on this tiny island is a tough job, but I hope the Government, when resolving this complex problem, will balance its measures in road pricing against infrastructure development and improving the quality of public transport and offering other travel alternatives. |
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| 09-Jul-2010 13:08 |
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gIrls tOday are mOre pOwerful than men. gIrls can dO thIngs than men can't Men bEttEr nOt be tOO SMART ? ? ? ? bEttEr lEt the gIrls hElp the gIrls. hElpIng men may fall intO a TRAP and get caught as a mOlest vIctIm when tryIng tO hElp gIrls ? A REAL DANGER fOr MEN as there is nO MAN CHARTER
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