9/21/2009

Top brands offering subsidies

Pravda, Blurberry, Lois Vittoon, Armaine are selling so well that they could sell their products at any price. The market demand is so good that using market pricing mechanism will mean astronomical profits. The higher they priced their products the greater will be the demand. As a goodwill gesture to reward their unthinking and faithful followers, they are going to sell their products at a discount. But discount is a bad word. So they are going to adopt a different promotion strategy. They cannot sell their products at lower prices of course. It will affect the value of their products the buyers will feel like suckers. So they are going to call it 'subsidy'. For one month only, all their products will be sold at subsidised prices. The huge price tag will remain, or inflated higher, to give their customers a feeling that they are getting more subsidies. This promotion is only available in paradise island.

A $10 million solution

The govt is spending $10m to integrate new citizens and PRs into our system. With such an expensive approach to solving this problem it is only a matter of time before the newcomers find themselves being embraced by the locals. And if $10m is not enough to resolve the issue, maybe another $20m or $30m should do the trick. For the govt to spend so much money on an apparently non issue is puzzling. Or is there genuine problem in the integration of the newcomers? Or the locals are not accepting them or the newcomers not making any effort to integrate with the locals? I don't think the govt of the past bothered or spent a cent more to integrate the early migrants when they arrived. Everyone would have to find their way to survive and live with the locals or early arrivals. There was this natural tendency to live and let live, to adapt and accommodate each other with the least resistance. And those migrants were mostly poor and illiterate. Maybe poor and illiterate are easier to please. Today the migrants were talents, well educated and highly praised. Would these be the source of their problems in adapting and integrating with the lesser talented locals? Or maybe the locals could not meet the expectations of the new talents or feel inferior to them. So, how should the money be used to get the two to be nice to one another? Give treats to the new to make them less snobbish and be kinder to their less able locals? Or to give to the locals to be nice to the new migrants? For the latter, maybe a reward system will expedite the mixing of the two groups. $100 for making a new friend of a new citizen. $1000 for 10. And an award of $10k for the most friendly local who have made the most new friends among the new citizens. Can we really expect people to make love with each other overnight just because the govt says so? We are having so many foreigners in our midst and the novelty of meeting people from other countries is turning into an irritation to some and a pain to others. A few at a time may not present any problem and the locals may go all out to make them welcomed, out of curiosity and being helpful. When the newcomers come in hoards and become almost a nightmare, everywhere, the feeling is indifferent and uncomfortable. And if the newcomers are overbearing or demanding, they can only expect the locals to reciprocate, not necessary violence, but keeping a cold distance. It is not uncommon for the locals to feel that they are being invaded by aliens in the trains or buses. And the aloofness or unfamiliar characteristics or traits of newcomers may rub the wrong way. I think more money will definitely help to resolve this problem.

9/20/2009

HDB's version of subsidy, affordability and fair prices

Today's Sunday Times has a little article to explain how HDB determines the prices of flats and I believe this must be HDB's version. I quote, "A new flat's equivalent market price is first determined by looking at the recent transacted prices of resale units nearby. Adjustments are then made to account for factors like location, finishes of the flat and other attributes The price reflects the flat's value at the point of purchase and is what people are willing to pay on the open market for such a unit. The HDB then sells it at a significant discount, which is the subsidy given by the govt. The HDB sells flats base on market price instead of cost as this is the fairest way of pricing new flats. A market base pricing approach ensures that all groups of buyers enjoy similar discounts to the market and would be fair to those who are buying other HDB flats today...." There you have it, the definition of fairness, subsidy and market pricing are all there. And this is not only the HDB's definition, it is also the current govt's definition. They have meticulously come to these definitions as the fairest and best for the citizens. Like it or not, agree with it or not, you just have to accept it. I wonder if they ever consider that the high prices of resale flats is also contributed by some who got a windfall from enbloc sales, by foreigners and by some who are urgently in need of a flat? Would any other worthy political party offer another set of definitions as their party's stand to challenge these definitions in the next election? Any change to the present definitions must only come from an alternative party. So far the alternative parties are not offering anything on this as far as I know of. The people just have to live with the govt they voted in and accept what the govt considers as the best it can offer. The sad thing is that we don't have a worthy alternative party with a clear set of party manifesto to offer to the people, yet. Or a group of passionate leaders with fire in their belly to contest the election to serve the people's best interests that is different from the current govt.

9/19/2009

The Bizarre Behaviour of Singaporeans - V2.1

The Bizarre Behaviour of Singaporeans - observations made by a German national who has lived in Singapore for 9 years. This same article which I posted on 11 Aug 09 in this blog is now posted in Tan Kin Lian's blog and attributed to a German national who has lived here for 9 years. I tried to insert a comment in Kin Lian's blog but it was not shown. Anyway, Kin Lian, if you are reading this, you may want to correct the slight error. Cheers. PS. I am Singaporean and not German.

The assassination of Ris Low

It started of as a guise, projected as good humour and clean fun to poke at the way Ris Low, the newly crowned Miss Singapore World, speaks English. It was so innocent and with good intention, that Ris Low should speak good English or else.... Now part of the deception is off. The campaign to assassinate her continues. The ST reported that 40 letters were received on Ris Low's poor command of English and wow, 11 writers were quoted. I am now wondering how many letters were written to ST on the high cost of property prices. But 40 letters must be a big sampling of the voices to support the case Ris Low is not fit to represent Singapore. On face value this is a lot when all national issues probably got a handful of letters. But of course no such statistics were given except for this case. ST is just doing its objective role of reporting the groundswell. Who is mastermind behind this character assassination? What is his true intent or identity? Is speaking good English a criteria in this beauty contest? If it is, then this requirement must be stated clearly from the start and contestants must be interviewed to screen them out of the race. Obviously not. If I can remember, contestants from non English speaking countries can choose to have a translator. Ris Low can ask for a translator and speak in Mandarin or dialect or Singlish and get it translated. Why not when Japanese, Spanish, or whatever contestants can do so? Anyway, what's so big deal about a beauty contest when the contestants won by default as the true beauty of a nation will never stand out to be chosen? It is just a little fun and fancy contest. And I agree with what Woffles Wu said as quoted in ST. Go for it Ris Low. Be yourself and not what the pretenders expect you to be. The way you speak is what you are. And if you want to speak the best you can, choose the medium that you are comfortable with and not be forced to use a foreign tongue. I hope the nasties will not continue with the attack and go after her schools, teachers and her families. The vibes are disgusting. Hiding behind the veil of good intention to destroy another person is low down behavior. Will the mastermind behind this saga owns up?