11/13/2007

Another sign of super efficient Singapore

Property prices are up. So property taxes are going up. Another big bonus for the tax dept. So high property prices also is good for the govt, or at least the tax dept. And the standard formula applies. The tax will go up. But there will be rebate for two years. You only pay more later. Get use to the bigger tax figures first so that the numbers will become more familiar.

11/12/2007

notable quote by Redbean

'It is fun to ridicule opposition parties as long as one is not ya ya.' Redbean.

Universiti Malaya 246th place!

The Times London Higher Education Survey listed Universiti Malaya at 246th, dropping 54 places. It is out of the top 200 universities in the world. Though I do not place much value in such a survey except as a guide, to be at 246th is a bit far off on any count. Given its western biased and artificiality, the survey is good only as a guide for students to know whether an university is respectable. Being in the top 50 or 100 should be a decent standing.

Not necessary for 6.5m population

Ngiam Tong Dow has reviewed his thoughts and felt that the population target of 6.5m needs to be reviewed. This is an old number done many years back and the changes in technology has made this number not so valid today. I think he is feeling the sense of frustration and despair among the population on this push for 6.5m. He is calling for a rethink. Sad that with so many brilliant brains, it needs an old master to tell them what to do. Don't they think? Are they brave enough to relook at old premises and say, hey, they don't look right?

11/11/2007

Different perspective of wrongdoings

Venerable Ming Yi said the amount unaccounted for is only a couple of hundred thousand. No big deal. 'The Sunday Times understands that the amount of money not accounted for adds up to a few million dollars, and not a few hundred thousand as the Venerable Ming Yi has said.' When people are used to big sums of money, their perspectives on the value of money changed. It is less hand half a peanut. Nothing to cry about. When they shit, probably more than a peanut will ooze out. And people were literally hanged for cheating on taxi fares for a few dollars. And public transport commuters can be jailed for cheating on the fares for a few cents. This is the new Theory on the Relativity of Money.