Latest Posts By pharoah88
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| 05-Jul-2010 09:41 |
Tiger Airways Rg
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TigerAir
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£1 ($2.10) to use the loo Cut-Throat PRiCE for EXTRA ? ? ? ? lOO is "iNFLATED" as eXtra frOm essential DiRTY PRiCE iNFLATiON TRiCK SiNGAPORE BRAND ? |
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| 05-Jul-2010 09:34 |
Tiger Airways Rg
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Tiger Airways would consider offering a ‘standing-only’ option SYDNEY The carrier said it could follow in the footsteps of United Kingdom budget airline Ryanair and introduce “vertical seating”, reported “Everything we do is about offering the lowest possible fare then allowing our customers to choose what, if any, extras they wish to pay for.” Mr Michael O’Leary, Ryanair’s chief executive, has proposed ideas include charging customers £1 ($2.10) to use the loo. A standing area with “vertical seats” will be introduced at the back of its fleet of 250 planes, However, a spokesman for the Civil Aviation Authority said the plans would struggle to meet safety requirements. Spokesman Simon Westaway for another airline, Jetstar, said the airline would never contemplate vertical seating or charging passengers to use the bathroom, We have a completely different business model to Ryanair,” he was quoted as saying. “It’s an interesting concept but I can’t see how this would fly in our part of the world.” — Budget airline Tiger Airways would consider introducing a “standing only” option for passengers in a bid to lower airfares, according to reports.news.com.au, an Australian news website. “We continue to look at ways of making our operation more efficient so we can offer even lower fares than we do now,” Tiger Airways director Steve Burns was quoted as saying.The Daily Telegraph has reported.news. com.au reported. “A lot of Jetstar destinations are over two hours and longer, so the stand up seating idea doesn’t register on our radar. |
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| 05-Jul-2010 09:05 |
Genting Sing
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GenSp starts to move up again
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Genting Singapore: Selling off UK operations Summary: Genting Singapore (GS) has entered into a conditional sale and purchase agreement to divest its entire UK casino operations for £340m (or S$688.8m). If the proposed divestment is completed, GS will receive net proceeds of ~S$688.8m and will book an excess over book value of around S$103.6m. However, it will also recognize a non-cash exchange translation loss of ~S$338.8m. But we are not overly concerned as we view the sale as an exceptional item; we also agree with management’s intention to focus its energy on RWS and also opportunities in the region, as gaming here is still likely to experience good growth prospects. Assuming the deal is completed, we expect it to reduce our FY10 sales estimate by 24% but increase our net profit estimate by 13% as margins would improve ex-UK operations. As we also believe that GS is likely to spend less in capex without its UK operations, our DCF-based fair value rises from S$1.29 to S$1.34. Maintain BUY. (Carey Wong) |
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| 04-Jul-2010 18:34 |
SMRT
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Is it TiME to terminate mOnOpOly ? ? ? ? befOre SiNGAPORE turns into a PETERS ecOnOmy ? ? ? ? |
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| 04-Jul-2010 18:28 |
SMRT
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iN this AGE of STUPiD MANAGEMENT nEEds tO bE ALL-HANDS-ON-SiTE STREET SMART DON'T SWEEP the CUSTOMERS with brOad statements |
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| 04-Jul-2010 18:23 |
SMRT
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MERiTOCRACY NEVER ACCEPTS DEFEAT BY iMPOSSiBiLiTY |
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| 04-Jul-2010 18:19 |
SMRT
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SMRT TRAiN CAR is DESiGNED MEDiOCRELY LiKE a sardine can or gOOds cOntainer Just because JAPAN and CHiNA and Others DESiGNED their TRAiN CARS this WAY, SMRT just cOpy and accept WiTHOUT USiNG even the SiMPLE cOmmOnse ? ? ? ? WHERE is the MERiTOCRACY iN Creativity, Innovation and Productivity ? ? ? ? Is the TRAiN CAR dOOr Open in the rOOf Like a Sardine Can ? ? ? ? Is the TRAiN CAR meant fOr PACKiNG gOOds Or TRANSiTiNG cOmmuters ? ? ? ? TRAiN CAR is DESiGNED tO PACK cOmmuters tO the Maximum like sardines or gOOds HOW dOes a cOmmuter gOing tO mOve to the dOOr to ALiGHT if One is PACKED SOLiD into the Middle Center of TRAiN CAR ? ? ? ? HOW dOes a rObOt or stOreman gOing to PiCK items from a warehouse if it is PACKED SOLiD like sardine can or gOOds cOntainer. If SMRT wants tO PACK commuters like gOOds or sardines, iNcOrPOrate a SHiFTiNG LANE or PATH iN each TRAiN CAR. WiTHOUT such a SHiFTiNG LANE or PATH, it is really a challenge for, especially a MALE passenger to be PACKED into the Middle Center of TRAiN CAR and later want to move out to the dOOr just to ALiGHT at the destination. sO MediOcre DESiGN ? ? ? ? nO cOmmOnse ? ? ? ? NEVER Travel by MRT ? ? ? ? NEVER mOve inTO the Middle Center of TRAiN CAR ? ? ? ? |
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| 04-Jul-2010 18:00 |
SMRT
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At the Jurong East interchange station, overcrowding “is a PROBLEM” due to constraints of the system’s design, said SMRT. LTA is undertaking infrastructure works at the station, due to be completed next year. Together with 22 new trains which will be put into service progressively from next May, SMRT will then be able to add more train trips.
WHO APPROVED the SMRT SYSTEM DESiGN ? ? ? ? WHO APPROVED the SMRT TRAiN DESiGN ? ? ? ? WHO DESiGN the SMRT SYSTEM BLUE PRiNT ? ? ? ? WHO DESiGN the SMRT TRAiN CARS ? ? ? ? They ALL NEVER TRAVEL by MRT TRAiNS. One vEry SiMPLE cOmmOmsence is tOtally OverlOOked
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| 04-Jul-2010 17:55 |
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fOr gOOd gOvernance bE FAiR + JUST + OPEN + TRANSPARENT (4 PiLLARS Of gOOd gOvernance) What is the TOTAL Passenger FlOw Capacity of the SYSTEM ? What is the TOTAL Passenger FlOw ThrOughPUT iN REALiTY ? What is the % Of CONSTRAiNT ? Tell ALL SiNGAPOREANS THE TRUTH NOW |
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| 04-Jul-2010 17:48 |
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MERiTOCRACY dOes nOt deal WiTH the AVERAGES MERiTOCRACY BENCHMARKS THE BEST of the BESTS AVERAGES belOng tO the MEDiOCRACY BEWARE AWARE SCARE CARE |
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| 04-Jul-2010 17:42 |
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iN STATiSTiCS, AVERAGE iS a smOOthing MYTH and NEVER the TRUTH at ALL. At Least, MEDiAN tells sOme TRUTH at SPECiFiC pOint On the DiSTRiBUTiON BELL curve. MAXiMUM and MiNiMUM VALUES make an even CANDiD PRESENTATTiON fOr the commuters. Of cOurse, the cOmplete DiSTRiBUTiON BELL curve for each TRAiN each TRiP tells ALL the TRUTH.
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| 04-Jul-2010 17:35 |
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iN MERiTOCRACY, WiNNER takes ALL iN MERiTOCRACY, WiNNER iMPLEMENT MeRiTOCRATiC sOlutiOns iN MERiTOCRACY, WiNNER dOes nOt BLAME System, peOple, resOurces, WHATEVER but accepts Own FAiLURE iN MERiTOCRACY, lOsers are TERMiNATED by WiNNER |
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| 04-Jul-2010 17:28 |
SMRT
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Ms Saw pointed out that the AVERAGE number of passengers per square metre is lower than that of metros in other major cities. At a frequency of two to three minutes, SMRT train loads range from 1,200 to 1,450 passengers, or an AVERAGE of 3.8 passengers per square metre. In the likes of London, Shanghai and Tokyo, it is five to eight passengers per square metre, according to SMRT. LTA guidelines, meanwhile, stipulate a maximum loading standard of 1,600 passengers per train, or about 4.9 passengers per square metre. |
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| 04-Jul-2010 17:23 |
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she takes a train "almost" every week bE EXACT and GiVE the DATES and STATiONS Her comments last week about When asked if she had read the comments and blogs, SMRT chief executive Saw Phaik Hwa said with a laugh: “I’d be a very depressed person if I read every comment about me.” She went on to clarify her comments. “I never said that I didn’t recognise it’s crowded ... I accept it’s crowded. The point is, in comparison with others, we’ve yet to push people into the train,” she said, referring to Japan and some parts of China. Just COMPARE to SiNGAPORE SMRT in the 1990s. bOth JAPAN and CHiNA have nOthIng tO dO WiTH the OVER CROWDiNG in SMRT TRAiNS Ms Saw was reported as saying last Saturday that SMRT does not carry what is referred to as crush loads. She had also said that “people can board the train — it’s whether they choose to”. She clarified that the latter comment was made in context of the morning peak period. “It’s not because ... they choose not to board. It’s because they also know there’s a next train that’s coming, which is much less crowded,” she said. Some netizens have wondered when Ms Saw last took a train ride. To this, she told MediaCorp she takes a train almost every week, with her last morning peak trip “a few months ago”. “The fact is, we’re so bothered by it (overcrowding) that we place senior management’s attention to this inordinately,” she said. GET ALL THE MANAGEMENT iNTO the TRAiNS DAiLY tO BEAR WiTH the cOmmuters crowding on trains have raised the hackles of some commuters, especially in cyberspace.Leong Wee Keat |
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| 04-Jul-2010 17:13 |
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SMRT has a plan to ease overcrowding * SPELL OUT the CONSTRAiNTS of the DESIGN # SUSPEND the CENTRAL LiNE iMPLEMENTATiON ?
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| 04-Jul-2010 17:09 |
SMRT
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Maintenance schedules have been tweaked to allow for “as many trains as possible” to be utilised, without compromising safety and reliability, she added. At the Jurong East interchange station, overcrowding “is a PROBLEM” due to constraints of the system’s design, said SMRT. LTA is undertaking infrastructure works at the station, due to be completed next year. Together with 22 new trains which will be put into service progressively from next May, SMRT will then be able to add more train trips. Until then, SMRT will explore options such as parallel bus services to ease congestion. While the new Circle Line has alleviated congestion “to some extent” — by a few single-digit percentage points — Ms Saw said it may also add congestion at some stations. BiSHAN Station, for example, is one such “pressure point”, as it serves both the North-South and Circle Lines. “Eventually, the more it (Circle Line) crosses the lines that are affected, there will be some impact,” Ms Saw said. Meulaboh General Hospital to the Indonesian authorities at a ceremony attended by some 500 guests in West Aceh on Friday. The project is a joint effort by the Singapore Government, Temasek Holdings and the Singapore Red Cross. The rebuilding of the hospital is the last major reconstruction efforts in the tsunami affected countries of Indonesia, the Maldives and S In the picture are (from left): Secretary-general of Palang Merah Indonesia (Indonesian Red Cros of Bappenas Professor Armida SaDr Ratna Rosita, chairman of the Singapore Red Cross Tee Tua Ba, and the representative director of Meulaboh General Hospital |
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| 04-Jul-2010 17:02 |
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After PUSHiNG the bus commuters tO the TRAiNS, nOw they say the TRAiN System INFRASTRUCTURE has LiMiTED CAPACiTY What GAMES are BEiNG Played here on the SiNGAPOREANS ? ? ? ?
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| 04-Jul-2010 16:58 |
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SMRT has a plan ... Buses could be run parallel to MRT lines in bid to alleviate overcrowding Leong Wee Keat weekeat@mediacorp.com.sg SINGAPORE This is one alternative SMRT is exploring, chief executive Saw Phaik Hwa told MediaCorp, as trains are running at their highest frequency possible — given the train network’s design — during peak hours. Currently, there is one bus, Service 128, which runs parallel to parts of the North-South Line. “We’re looking at other parts to see whether it can work,” said Ms Saw, who declined to reveal where or the number of possible services, due to the discussions with the Land Transport Authority (LTA) and the Public Transport Council. Introduced in July 2008, Service 128 was the first in 18 years to be allowed to run parallel to an MRT line since such services were scrapped. While transport policy has focused on avoiding duplicate bus and train routes, Member of Parliament Ong Kian Min felt SMRT’s plan should be studied further. “The number of trains are limited by capacity and infrastructure. Buses, on the other hand, can provide more flexibility in tackling congestion on trains,” said Mr Ong, a member of the Government Parliamentary Committee for transport. But a potential speedbump to this plan could be commuters’ preference to travel by train. SMRT has been monitoring commuters’ responses to Service 128 and found that most passengers prefer to wait another few minutes for the next train rather than take the bus. “So customers have not really supported the alternative ... We’ll continue to explore this,” said Ms Saw. She was speaking to MediaCorp on Friday, almost a week after her comments about train loads and congestion prompted irate responses on the Internet. While she acknowledged trains here are crowded, especially during peak periods, Ms Saw pointed out that the average number of passengers per square metre is lower than that of metros in other major cities. At a frequency of two to three minutes, SMRT train loads range from 1,200 to 1,450 passengers, or an average of 3.8 passengers per square metre. In the likes of London, Shanghai and Tokyo, it is five to eight passengers per square metre, according to SMRT. LTA guidelines, meanwhile, stipulate a maximum loading standard of 1,600 passengers per train, or about 4.9 passengers per square metre. SMRT said its trains are already pushing optimal levels when trains run at intervals of two minutes. “You may add a few more (trains) here and there, but we have to watch it because every time you add a train, you’re risking a train not being maintained,” Ms Saw said. – Public transport operator SMRT is in discussions with the Government to roll out peak-hour bus services which would run parallel to congested stretches of MRT train lines. |
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| 02-Jul-2010 14:14 |
Genting Sing
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GenSp starts to move up again
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Genting Singapore to divest UK operations
Mainboard-listed Genting Singapore will divest its casino businesses in the United Kingdom to Genting Malaysia for £340 million ($697 million). Genting said the divestment of the UK operations will allow it to focus on strengthening the large scale integrated resort experience it gained in developing Resorts World Sentosa (RWS). The sale of the operations will also add resources to enable RWS to conduct customer acquisition, marketing and brand development. Genting added that the net proceeds of the proposed divestment may be deployed for strategic growth opportunities in the leisure, hospitality and gaming sectors, when opportunities arise. |
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| 02-Jul-2010 14:08 |
Others
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DOW & STI
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Financial markets could face new turbulence SINGAPORE Taken together with the credit crisis in Europe, Aberdeen Asset Management said the result is a “vexed economic climate”. And given the increased volatility, it said investors should adopt a global approach to cut risk and increase returns. This involves diversifying from portfolios that are overweight in developed markets’ currencies and bonds. While investors still remain underweight in emerging markets and Asian currencies and bond markets, Aberdeen is favouring emerging markets, especially those in Asia over the next three to five years. “The fact that the Chinese government is going to allow the yuan to appreciate against the US dollar will encourage other central banks in the region to let their currencies appreciate as well,” said Mr Donald Amstad, director at Aberdeen Asset Management Asia. “So, I would say our base case is for broadly against the US dollars, 3 to 5 per cent currency appreciation for Asian currencies per annum for the next couple of years,” he added. Aberdeen said the Korean won, Malaysian ringgit and Indonesian rupiah are among the currencies that will likely appreciate. Meanwhile, the firm expects equity returns to be in the single digits this year, given the strength of market returns last year. As such, investors may opt for oil-related stocks, which fell in the short-term due to the oil spill in the Gulf of Mexico. Investors should buy equities based on fundamentals rather than following benchmark indices, Aberdeen said. —The combination of high public debt in the West and constant global imbalances has affected economic growth.Travis Teo |
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