5/05/2013

Ominous signs to slow down





The latest discovery in the MRT story is rail crack. Monday morning peak hour, crack was found on the North South Line causing massive jams and delays to the train service. Subsequently the speed of all trains was slowdown as a precaution. MRT quoted an incident in England that resulted in several deaths due to rail cracks.


The main cause of rail cracks is metal fatigue contributed by a combination of temperature, age and uneven wheel.  Are these the signs of an ageing system that needs either a complete overhaul, a complete change or just simply to slow down, and things will be ok again? Or we really need a change, a new system to replace the ageing system that is getting sicker by the day and there is no other option left?


Monday’s morning the East West trains were also travelling at much slower speed. Would this be the new beginning, a new trend of travelling in our MRT system, our not so rapid transport system?

Looking at the bigger picture, our rapidly maturing economy may also need to slow down to avoid overheating and heart burns. Everything is running at full steam for so long and maximized to yield results but getting marginal or diminishing returns. Even our workers, those past expiry date types, are still recycled into the job market to keep the economy going. The Dad’s Army is still kicking in the food courts and hawker centres.


And strangely, the PMETs, some very much younger, have been pulled out of the system before their expiry dates. But this is a different story altogether. Maybe they should consider themselves lucky to be able to slow down and not be squeezed dry for another few more years. We need much younger and more talented workers to drive the economy faster than the lazy and not good enough PMETs, we need to bring them in to replace the locals for a more energized economy. No losers allowed.


Our cars are retired when many were still in peak conditions and could run for another ten years or more. Our housing is being pulled down only to rebuild with more levels to increase the yield. Our land are harvested to the fullest, every inch must be made useful. We are running out of training grounds for NSmen and soon there will be no land for military camps.


We need to slow down. The symptoms being thrown out daily by the MRT are ominous signs that we cannot go at the same speed anymore or we risk more breakdowns and accidents. Heed the warning signs and avoid going over the cliff. There is no remedy to ageing.

A big stride in Singapore Malaysia relations





Since the sealing of the new land swap deal between Hsien Loong and Najib, relations between the two states have improved beyond anyone’s imagination. There wer more joint developments and more meetings and friendlier comments on both sides, patting each other’s back. This is definitely good for both countries going forward and for people to people relations. Iskandar Economic Zone now got a big boost with Singapore becoming the anchor tenant and biggest investors.

I know things are looking good and fine but did not know that it could be that fine until yesterday when Abdul Ghani, the incumbent Mentri Besar of Johore, paid a friendly visit using the second causeway from Gelang Patah.  This is not all. It was reported that it was part of his election campaign to woo Malaysians working in Singapore. And I thought Lim Kit Siang too would make the same friendly gesture. But he chickened out, did not want to give the wrong impression and be accused of as a branch of the Singapore PAP. DAP has its root in PAP during the days when Singapore was in Malaysia.

So we will miss seeing this grand old politician from across the causeway in Jurong. Let’s hope this friendliness will continue and come 2016, our ministers can visit Iskandar to campaign among the Singaporeans working or staying there. Iskander is likely to see the presence of many more Singaporeans and could justify a visit by the contesting candidates.

This is a good start for a closer Singapore Malaysia relationship. Nice. Singaporeans should not kick a row about applying for police permit to campaign in Singapore. Malaysia could also then extend the same courtesy to our politicians in the next GE. Let’s be abang adek again.

And it is good that no negative retorts were heard when Najib said that there was no Chinese school in Singapore. In the past there would be some rash reactions to a comment like that from either side of the causeway. Our relationship with Malaysia has matured to some degree.

Further improvements are hopeful. If travelling could be made more convenient, Singaporeans more warmly received, more Singaporeans would be selling their HDB flats and buy up properties in Malaysia. This would be a win win solution. Singaporeans could make a killing by selling out their million dollar HDB flats to FTs, and Malaysian developers benefiting from selling more properties to Singaporeans.

A slight drawback is that Singaporeans that sold their HDB flats would never have the chance to buy another property in Singapore again. The prices would be beyond them. They would be perpetual PRs in Malaysia, and may be better to take up Malaysian citizenship if they are welcomed to do so. Malaysia will also see a property boom but this will lead to some inflation and higher cost of living, and jams at the two crossings. With the larger land mass, these changes could easily be absorbed unlike a small island like Singapore.

Overall it would be good for Singapore with Singapore island becoming the land of rich foreigners and FTs, a great vibrant city, while Singaporeans migrate over to Malaysia. Singaporeans can also move nearer to the nursing homes in Johore as well as landed properties for after life.

5/04/2013

We are not the cheapest




While the message has got through somehow, the drug for more foreigners is difficult to wean from the businesses and the Govt’s mentality. And let’s not confuse ourselves again and again. The foreign workers are needed. It is the middle and top management that are flooding the market at the expense of our PMETs that is the real problem, the pain facing our highly qualified and trained workforce. We shall not trade our PMETs for cheap FTs and making them drive taxis for a living, ferrying cheap FTs that took over their jobs. Thinking of this I boiling already.

As Hsien Loong put it in his May Day message,

‘We have spent many, many decades nurturing this reputation for reliability, for openness. We have made a name for ourselves; not necessarily the cheapest place but a competitive and dynamic city that’s worth paying the premium for. And we must keep that reputation because otherwise we’re dead.’

So, do we believe that we don’t have to compete to be the cheapest? We have so many advantages, tangible and intangible, that all the foreign businesses will be salivating to be here. Think SPGs aplenty. What a life! Let those who want to leave, let them go. Be selective, shrink a little to relief the pen up appetite for more FTs. We can start by getting rid of those businesses that are here and employing mainly FTs. The Govt can start by getting all GLCs to employ Singaporeans first.

Why be threatened by a few businesses and buckled under their threats of not investing here? What would Goh Keng Swee and his colleagues do when faced with such rubbish threats? Do we believe in ourselves? Do we have confidence in our system and infrastructure that the businesses need to pay a premium and not getting a Singapore discount? We have world best universities with Angmoh professors that would turn out graduates as good as Angmohs, if not, would still be better than third world universities right? With so many high quality third world FTs replacing our local graduates, I think I may be wrong on this count.

We have world famous man made gardens that cost us a fortune, F1s, casinos, safe and secure streets to party till the wee hours. These don’t come free. There is value for money. The more expensive the better right? This one surely right. We keep on raising university fees to raise the quality of our education, and also medical fees for better medical services and professionalism. We have all these good stuff within 15 mins of driving, in a world class city. Want cheap cheap, go to operate in third world countries lah.

See, I also can sell koyok for my country. It is time to seriously relook and restructure and take in only those that are beneficial to our bigger game plan that compliment and not sabotage our social and economic development of our people. We want to continue to be in the First World and not downgrade to cheap cheap Third World. Swee boh?

I can also sing a song of being cheaper and cheaper and cheaper or else all the foreign businesses will run away. Singaporeans must tighten belt, compete with all the hungry workers. It is market forces at work. The song I sing depends on my mood and the weather.

Can we afford not to be selective?




As our Govt continues in its relentless drive for growth, without growth no salary increment, it has become something like the Hokien saying, 什么南鸟都要。Who can say don’t want growth and don’t want salary increment? But can they say got increment must be more than inflation? Got $200 increment, inflation and cost of living eat up $500, good huh?

We have three national universities and several semi govt funded universities. Now we have this thing called NUS Yale University that is costing a bomb for the infrastructure and the foreign staff being brought in. Not forgetting all the great professori in the other govt universities. Do we really need this NUS Yale University and all the expensive foreign professors that are paid so handsomely that all of them is looking more handsome than before arriving here? Yes, our students will also become more handsome and would earn just as much as them or more.

We have F1 supposedly bringing in more revenue indirectly than the direct cost. This is necessary, I think, as all the rich and super rich need a past time like the F1 to kill their boredom. And all the hotels, retail shops and supporting businesses will get more businesses. Simply put, it is good for business and the indirect income is more than the millions spent. The businesses must be grateful for this govt largesse.

We have a super expensive man made garden. This one sure brings in more tourists to spend more money here. One day it may get into the Guinness Book of Record as one of the new 7 wonders of the world, man made wonders. Then Singapore would be known world wide and the publicity is worth every millions spent on its maintenance. And the people got to enjoy the great plants in them.

We allow all kinds of industries and businesses to operate here. Many businesses need not be here but because we are so good, good in everything, infrastructure, power that never break down, water that comes out of the tap without fail, MRt that never stop, and a world class workforce, world class workers to support the businesses. And if the workers are found not good enough, too expensive, the businesses can import their own workers, or at least most of them. Just make sure they have some pieces of papers to say they are talents.

And we are selling properties like hot cross buns with great profits.  We have unlimited land and we can afford to keep selling and selling. The sky is the limit. We can build higher than the Tower of Babel or deeper than the deep blue sea. In this sense, we have no land constraints. That is why 10m population is no big deal. I am thinking of 50m or more. Our ingenuity beats the world hollow.

We are never short of talents. We just import them. No need to grow them from young. No need nurseries or pre schools or primary schools. We bring them in like ripe durians, minus the trees. We are bringing anything that walks on two legs and called them talents. We can have the old and mature ones. We can have the young ones, just pay for their tuition fees, food and accommodation and hopefully they turn out good. We can have those that came with papers, fake ones also can. No worry as long no one knows. Just pray no one blow the whistle and everything will just look fine.

Everything is about generating money and more money. With land no longer an issue as the sky is the limit, we crave for more and more people to fill up our land, to create more economic activities, it is easier than manufacturing, to generate more revenue and money, but there is a little hitch. Somehow the average people are finding money no enough, and money disappearing everyday, even those in the savings. They said inflation is under control, no problem.

Can we be more selective in what we want, what we do, what we allow to come in, what kind of businesses we want, and how we spend the money that we made so easily? Or shall we adopt the gambler’s mentality of easy come easy go? We have so much money, spend lah! Just keep on buying anything we fancy, more angmoh professori and FTs, F35s, or buy anything in the name of investment, short term, long term, or very long term as long as it is not gambling.

We are such a blessed city, with God’s grace, everything will just go on fine. And everything is just looking fine. Bring in the people to increase economic growth. No need Samsung, Apple or Toyota. Our products are people and unlimited good value added land.

5/03/2013

Hsien Loong accepts MND’s review on AIM



SINGAPORE - A National Development Ministry (MND) team that reviewed the controversial sale of software by People's Action Party (PAP) town councils to Action Information Management (AIM), a PAP-owned company, has found that the transaction in 2010 had complied with the Town Councils Act and the Town Council Financial Rules….

The above is the latest news on the AIM saga reported by Channel News Asia. It is all clear and the saga was just a saga and nothing to it. Everything is in order, in compliance with the Town Councils Act and the Town Council Financial Rules. For those who smelt a rat and hoping for the worst, sorry, nothing of that sort. There were no lapses or wrong doings. Case closed. The squeaky clean image of our system is intact.

I have not read the detailed reports, all 37 pages with recommendations on what needs to be improved to avoid negative perceptions from the public.