9/17/2007

1 in 6 mentally ill

This is what is happening. Does that answer your concern? Think very carefully...1 in every 6 Singaporeans is mentally sick. This is what is reported in the msm, that 'if Singapore follows the trend in other developed countries, the numbers are set to go up....Citing previous studies, Assoc Prof Chong Siow Ann of the Institute of Mental Health said that between 16 and 18 per cent of people here have some form of mental health problem.' And I was having lunch, sitting in a table of 6, and I can believe one of them is sick. I suddenly got worried when I think of Parliament. For the ordinary people, just make sure that you are not diagnosed as mentally ill and be sent to IMH. We need to build not only hospices, but more IMH.

Tan Sri Muhyiddin speaks

It's been a long time since we last hear about Muhyiddin. His promotion or kicked upstair to become Agriculture Minister has put him safely in a corner despite his heavyweight status as an UMNO Vice President and a potential PM. And his Mentri Besar position was filled by Abdul Ghani, a favourite of Mahathir. After so many years in the shadow, he is speaking out. He feels that the Malaysians are mature enough to discuss privately, not under the glare of TV coverage, and not kris kissing, on the issue of the social contract between the three key racial groups in the country. Even for saying this, he is risking his position as some quarters in UMNO will see it as an undermining of the special position of Malays in Malaysia. And he also commented on the IDR and that Singaporeans should work around the sticky problems of Malaysian politics. There are ways. And this sounds rather interesting. If only that he is the Mentri Besar of Johore. But getting around is only temporary and investors are not going to risk millions and billions just to get around a corner without any long term protection under the law should some hot brands start to wield their krises and beat the kombangs. It is a difficult and winding road to negotiate for all parties, the Malaysian govt and the foreign investors.

3.3% better than 4%?

CPF pegged to bond maybe unfavourable to the oldies Citi economist Chua Hak Bin has come out with a different calculation on the peg and suggested that the pegging to bond rate would benefit the young rather than the oldies. His numbers showed that in the longer term, the young could get 3.7% while the oldies will only get 3.3%. Now is that good or bad? So far the official explanation is that pegging will give more in returns to the CPF holders. And is 3.7% or 3.3% better than 4%. I know the answer. Yes, with a lot of faith. Chua Hak Bin better make doubly sure that his numbers are correct or he will have to retract them soon.

More leeways for Singaporeans

Aren't Singaporeans glad that they are having more leeways, according to Dr Gillian Koh, 'a view echoed by former Ministry of Information, Communications and the Arts director and Member of Parliament Baey Yam Kheng. In Dr Koh's view, civic society groups are now allowed to express more and at times more than political groups. She cited the little protest by children at the Youth Park to protest against anime distributor Odex as a big leap forward. What the handful of children did was to display some of their toy characters. And they were so lucky that the law gave them a lighter touch by just taking down their names. Nobody was arrested. Great progress! Singapore society is maturing. Hmmm, I thought in mature societies, they would not even be bothered with children playing with their toys. I may be wrong. But it is always good to start a day with such positive news like having more leeways.

9/16/2007

Another boom town charlie story

The rental business is so good that all the property owners are rushing to raise their rentals by 2 or more times within a year. It is a situation where the lessee must grab a property and quickly sign on it for as long a term as possible at a fixed rate. If not, someone will sneak by and offer to pay more or the landlord will keep raising rentals every few months. How many properties that I own? One 3 rm flat. But still good if it can fetch $2000 a month rental for my retirement. With private property prices and rentals shooting to the sky, some must filter down to the heartland. This is the best thing that can happen to Singaporeans as practically everyone own a little flat, maybe not in prime district and cannot fetch $5k or $10k, but $2k is more than good enough if the annuity is going to pay $300. Thank god that things are working out this way. All singaporeans can retire happily and with a nice little income. With $2000 pm, they can keep their annuity programme.