Abe not good enough

ABE not good enough. No, I am not referring to Shinzo Abe but A level grade. When a ABE grade cannot find a place in the local universities, this is going to be a bigger issue than the UNSW. In the latter, it concerns only 250 students, and maybe half are foreigners. For a university place, it is going to affect many Singaporeans, dotting parents and their precious wards. Now people are going to question why their children with reasonably good passes are not going to find a place in local universities. Admittedly what are reasonable grades may be subjective depending on the standard of the affected parties and the universities. What will eventually be dragged out to air will be the number of places given to foreigners, including scholarships using public money, and how many local children would have been displaced from such a policy. The parents are now up in arms. We are the citizens of the country. We are the taxpayers. We are the people to defend this country. I could here them say...Welcome to the Hotel California, such a lovely place, such a lovely place...

Faces of anguish

Everyday the papers and the TV flashed faces of anguish of distraught students from UNSW and their parents. It is truly distressing. A very sad episode to put so many innocent people in such a state of uncertainty with their hopes totally smashed.

6th most stressful country

Singapore is 6th most stressful country We are now ranked as more stressful than Hongkong, according to Grant Thornton International Business Report. Can you beat that? I know one sure reason why Singaporeans are feeling stressed. When you are earning $20k a year and queuing to strike toto every week but in vain, but you are told that many people are earning an equivalent of a toto win every 6 months or every 2 months, sure you get stressed. How not to when all the queuing for the next 30 years may not even strike one toto prize?

Najib's pledge of govt support

Najib was in Singapore selling the IDR. No one can doubt his sincerity and the sincerity of the Abdullah govt for what they want to do in the IDR. They will definitely be investor friendly. After so many years of comparing the nonsenses committed by the Mahathir regime and the Indonesians in Riau, and the no nonsense economic policies of Singapore and even China, they should be able to see the impact of economic growth if the policies are correct. But the Malaysian politics is as changeable as the weather and with so many kampong politicians in the wings, anything can happen tomorrow. In order for the present policies to be taken seriously, they need to cast them in iron with all the what if conditions stated clearly in the contract. If not, it will become, for future Malaysian leaders to say, "I don't know. It was the old regime. We are now changing our policies." And the investors will be caught again with their pants down, and pockets empty. And cannot pull out.

UNSW case, signs of progress

Though I posted a different sentiment under the topic Signs of Decline on this issue, I am saying something different here from another perspective. We are progressing towards a kinder and more forgiving nation and mistakes are now taken in their strides. When mistakes were made in the thousands of millions or hundreds of millions of dollars, we are now regarding them as honest mistakes and part and parcel of the risk mechanism. And anyone making such multi million dollar mistake becomes more valuable as we have invested the lost millions in them to learn. And definitely they will not repeat the same mistake again and will become a wiser person. We are progressing in the right track. Just because we are paying top dollars does not mean that the axe must come down every time a mistake is made. We must treasure risk takers and people who made honest mistakes. Otherwise no one will want to be risk takers and no honest mistakes will be made. But for those who did not do enough homework or were tardy, and left a big gap in their decisions and resulting in huge losses, now that is a different matter altogether.