1/04/2007
blooming stock market
The stock market shot pass 3000 pts. Wow, another super bull run. Everyone must be laughing to the banks. Properties and cars must be flying off the shelves.
And Today paper reported that transactions of 5 room flats were increasing and downgrading trend has stopped. Great news. The restaurants and entertainment outlets must also be doing roaring businesses. How come can't see any sign of such activities of exuberants?
Oh, the 5 room flats that were transacted were from cheap and unpopular Woodland. And for the last quarter, resale market saw only a slight recovery. Nicholas Mak of Frank Knight said, 'One possible reason for the weakness in the HDB market is that the strong economic growth is not widespread enough.'
This also applies to the stock market. Who is making all the money? Did anyone hear of people making money? Are the aunties all queuing up to open trading accounts? Is there a buzz in the market place of frantic stock market tradings?
1/03/2007
double rainbows on 1.1.2007
A double rainbows appeared on the first day of the new year, 2007.
It looked like a rare occurrence to me. Never seen it before.
The first rainbow after the big flood was a reminder to God that he will not destroy the human race anymore. Now God is given a double reminder that he should keep to his promise. So, would the double rainbows bring better fortune for everyone?
Pictures of the double rainbows can be seen at the Photo Gallery in redbeanforum.com. Just open any of the threads there and look for Snippets of Singapore file. There are about 10 pics there and 4 of them have the double rainbows captured.
The Sincerity of Insincerity
We are living in a multi religious society where all religions exist side by side and their believers live harmoniously with each other. This is like paradise in Hollywood.
The key question is that beneath the facade of peaceful co existence, how real and sincere is each religious group towards another when their doctrines and beliefs called for the destruction of the other and that only theirs is the truth while the rest are forgeries or devil worshippers?
How much would one trust the beaming smile and friendly handshake when his teachings and beliefs said that mine is falsehood and he is out there to change it? Or what is the thinking or intent behind that smile of friendship?
How genuine and sincere can one be under such circumstances? Hypocrisy?
1/02/2007
jeffrey law said 'nothing great'
All the articles/stories I read aren't thought-provoking and stimulating at all. Be more creative and innovative, or you'll be wasting our time trying to figure out about your site. I received the above email from a Jeffrey Law. So I replied thanking him for his comments and asked him about his age, educational level and interests and which group he belongs to so that I can tailor my writings to meet his needs and things that he thinks will be great. Still waiting for his reply. It would be better for Jeffrey Law to share his view with us here and we shall do our best to serve him and his group.
leong sze hian - settle question of hdb subsidy
Settle question of HDB subsidy once and for all
A few days back Viktor Ye Kok Kheong wrote in the ST forum 'Did HDB land pricing use Raffles Place as rule?'
The HDB replied that it was difficult to reveal all the details of land and construction costs of specific projects etc... and that was why HDB is incurring losses. This is probably the only monopoly business where land prices from land acquisition from owners at a price determined by the govt, but definitely not at the Raffles Place price charged to HDB, and losing money.
Leong Sze Hian is not letting the matter rest and pursuing with another letter today asking for some figures for the sake of transparency and high standard of corporate governance.
What will happen is that it is a matter of days when HDB would have to disclose its numbers. It is either now or later. And not for long when Singapore is singing the glory of its high standard of corporate governance and transparency.
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