Chinatown hawker centre. Hawker Centres are a national heritage, selling a wide variety of food at very reasonable prices. They are spread across the whole island and is part of the Singapore way of life.
10/02/2010
Maids and brokers are human beans too
It is a common practice, though not prevalent, to work the maids from 5am to 12 midnight or more. I have personally hear the noises of maids working in the wee hours of the morning, or washing laundry in the late of the night. The number of hours the maids have to go through for the miserable pay of about $400pm is simply inequitable. Ok, all the employers may disagree. You have your right of views. Other than a contractual agreement which the maids signed to work as required by the employers and the compensation, which are absolutely legal, human rights or abuse of human rights is not an issue to them. I always believe that my god is bigger than your god and children of lesser gods have lesser rights.
The other issue is that maids are human beans and need the time to have a break and rest. They are not machine that can go on and on. A decent break, for all the things that the body naturally needs to do is not demanding but a necessity. Only cruel and obnoxious people would ever think that human beans shall be put to work and work for long hours. It is only a decent thing to do.
The SGX is pondering over a decision to scrap lunch breaks for remisiers, commonly known as brokers, to increase the volume of trades. This idea is as stupid and making students mug for longer hours to expect betterer grades. The intrincacies and complexities of the business require more than just a few words to explain.
Brokers too are human beans and need all the time for the body to rest and recharge. The jokers suggesting that brokers should work without lunch break also need breaks for themselves. But they don’t because they can go on shifts, so do fund managers, dealers and house traders, who can all work in rotating teams. Oh, brokers can work in teams too and go on shifts. Unfortunately the nature of the business which is individual and client based would make such an arrangement difficult to operate. It would require a quality change in the way the business is structured, and brokers would have to form themselves into small business groups. This is best left to those supertalents being paid super salary to think about than a flimsy idea of scrapping lunch break to boost business.
The bottom line is that maids, brokers and all tradesmen and professionals are basically human beans and cannot work without breaks, time for lunch and time for other social and even business related activities. It is immoral, unethical, callous and indecent to even make such a suggestion.
10/01/2010
Every 4th person in Singapore is an Indian
With the number of settlers from India almost doubling in the last two years, every fourth person in Singapore now belongs the Indian community, which is showing much interest in setting up firms in the island state. The city has a population of 1.79 million, including expatriates, and out of that 400,000 are of Indian origin, showing a 100% increase in the community size in two years.... 1 Oct 2010
The above is quoted from The Financial Express. I am very curious with the numbers mentioned. Singapore's population is 1.79 m, including expatriates, and 400k are Indians. How do these numbers compare with our 5m population, including expatriates? And if every 1 in 4 is an Indian, there should be 1.25m Indians here.
Initially I though the numbers were those in the 1960s. I just don't know. Has there at any time in our history that the Indian population hit 25%? My memory says no.
New EC and how much to pay
The new EC at Buangkok is asking for $730-$750 psf and the buyers are those within the $8k-$10k income group. The average price of a 3 bedroom unit is around $850k. Presumably those earning more than $10k pm are too rich to buy these cheap flats.
What would this amount mean to a young couple who probably have worked for less than 5 years? Assuming they could cough out $100k for the initial sum, it would mean taking a loan of $750k for 30 years. Roughly it would mean paying a total of $1.5m by the end of the mortgage. Divide this by 30 it will mean a yearly payment of $50k or $4k monthly. This sounds very reasonable and very affordable. The couple would still have a balance income of $6-7k pm.
This is the new minimum price for EC. Can’t get it cheaper any more. And anyone buying a unit will instantly join the millionaire class.
The stages of decomposition
A forensic expert was relating this story to me on the stages of decomposition of the human body. A murderer could cut up a human body, packed it up nicely in a neat box, wrapped with gift wrappers to look like a present under a Christmas tree.
The first stage of decomposition will be the stench of decay(ada ba woo). A little can be hidden by some fragrance spray. But it will only get stronger by the day and become unbearable.
If the stench still did not get any attention, the next sign will be liquid oozing out of the box. This could be wiped away at the early stages but more will come out.
Next little maggots will start to crawl out of the box, one at a time, and will get more and more. But don’t open the box. For inside will be a whole box of maggots. Though the gift wrappers may still look good, by this stage it is better to throw the whole box away. Beyond redemption! Oops, better burn it in the incinerator. The stench, the liquid, the maggots are all too unbearable to be left around.
The stages of decomposition starts slowly be gain pace rapidly and will change whatever beyond recognition. Why am I writing about decomposition and decay?
My apologies if it mess up your breakfast.
9/30/2010
Creating a strawman
NEW YORK (CNNMoney.com) -- Lawmakers say China's currency is unfairly cheap and passed a measure Wednesday that opens the door to tariffs that aim to help U.S. companies compete.
The legislation, which authorizes the Commerce Department to impose duties on imports from countries with undervalued currencies, passed the House of Representatives by a vote of 348 to 79. The Senate, however, is not expected to take up the issue until later this year.
The bill got support from both sides of the aisle, a rarity in recent sessions, with Democrats framing the legislation as a jobs issue....
China seems to be the cause of US failing economy. And to be specific, it is the Yuan that is causing the problem. By forcing the Yuan to appreciate, all the American problems will go away, jobs will be created, trade deficit will be in America's favour.
And all the American heroes in the Congress are in unison, in one mind, to fight China, the new spectre, the new enemy. They have all united, Republicans or Democrats, just like they were united and stood shoulder to shoulder in their votes to invade Iraq.
Fortunately China is not a pushover. Otherwise American warships will be in Shanghai like Commodore Perry sailing to Kyoto to open up Japan for trade. Well done America, the champions of free trade!
Who is going to pay for this gungho, bravery and madness! The American public of course. Just like they paid with the lives of their children and public money for the invasion of Iraq. The Congressmen can thump table in the comfort of Congress and cheering everyone on. The American public will have to pay more for everything they import. No more cheap toys for Christmas.
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