'Singapore has a strange system. PM Lee appoints two minister to run one ministry and one minister to run two ministries.
For example, Josephine Teo is minister for manpower and second
minister of home affairs. Lawrence Wong is minister for national
development and second minister for finance.
Why is there a need to have this system?'
Tan Kin Lian posted an article in TRE with the above comments and asking why the need for such a system. Singapore being such a small country, the obvious observation is that the job is too small for a minister, not two plus ministers of states and parliamentary secretaries to make it full house.
Let me try to answer Tan Kin Lian so that he can sleep in peace.
One possible reason, contrary to what I said above, the job is soooo BIG, so naturally you would need two ministers to handle it. On the contrary, the job of a minister may be so senang, so got a lot of spare time to take on more jobs, like minister of another ministry.
Another reason, the ministers are incompetent, so need two to do the job of one to help each other out.
Third possible reason, too many people need to be paid in the millions, so must become ministers and to make it like they work really hard, have appointments in two ministries, to justify the millions being paid. Maybe on this they should emphasis that instead of working 8 hours they worked 16 hours or double of what a minister normally does because now they have two jobs, two minister's jobs, not ordinary jobs.
Another possible reason, it makes going on leave easier since there is another one around to cover the duty.
Maybe they are being prudent, in case, just in case. Being a minister is a high risk job, can fall down during walkabout and get hurt. Or they are just playing it safe in case one cannot perform then the second minister can take over.
Apologies, that is all I could think of. I do not know why they need to have two ministers in a ministry.
What do you think?
2/28/2019
2/27/2019
The death and rebirth of UMNO
UMNO suffered a shocking and humiliating defeat in the 2018 GE for its decades of extremist policies against the minority races, basking on the agenda of Malay superiority and self indulgence in the wealth of the country with corruption of every kind to benefit the UMNO leaders. It is a credit to UMNO to have ruled Malaysia in such an abusive way for so long without being challenged until 2018. Even on the eve of the GE, they continued to believe in their racist cards to rule Malaysia with the support of the Malays. This turned very ugly when the results were out. UMNO was badly defeated.
The death bell of UMNO is vibrating throughout Malaysia. UMNO leaders too seen this as the end and many switched camp or turned away from UMNO. It was the end. The bankrupt political ideas of UMNO's racist policies could not go on forever. There is no way for UMNO but to become history.
Who would expect UMNO to return to power again? At best it would remain a strong but irrelevant and antiquated opposition party with no new ideas to make Malaysia a better and richer nation. But the latest development in Malaysia is giving hope for a new UMNO in different guise, but still every inch UMNO.
The key player of UMNO, for having been in power for so long is none other than Mahathir. Mahathir returned to power by winning only 13 seats in his newly formed Bersatu Party. It is unbelieveable and near possible to ride on such a small party to power, to become PM once again. He did. How is this related to the death and revival of UMNO?
The lost sheep of UMNO has no where else to go but flocked to the old shepherd that once led them, in Mahathir. 7 UMNO members have just joined the fold of Bersatu in Pakatan Harapan. This is the opening of the flood gate. Other UMNO members may quickly join the flow and there are about 70 of them still kicking and walking and waiting to come in. If 40 or more of the UMNO furniture decided to join Mahathir, his Bersatu would have more than 60 MPs against PKR's 47 and DAP's 42. All it needs is for a few of PKR's to switch camp and a new majority UMNO would be reborn in the name of Bersatu, the same personalities, the same policies, the same thinking, the same agenda as the dysfunctional UMNO.
When this happens, UMNO will rise again to be the ruling party of Malaysia, and history will restart a new cycle from square one. Nothing will change except in name. Mahathir still in charge, his old thinking and mindset and policies, and the whole jin gang from UMNO tagging along.
UMNO died and revives.
Long live UMNO aka Bersatu. Long live Bumiputras. Long live Ketuanan Melayu.
The death bell of UMNO is vibrating throughout Malaysia. UMNO leaders too seen this as the end and many switched camp or turned away from UMNO. It was the end. The bankrupt political ideas of UMNO's racist policies could not go on forever. There is no way for UMNO but to become history.
Who would expect UMNO to return to power again? At best it would remain a strong but irrelevant and antiquated opposition party with no new ideas to make Malaysia a better and richer nation. But the latest development in Malaysia is giving hope for a new UMNO in different guise, but still every inch UMNO.
The key player of UMNO, for having been in power for so long is none other than Mahathir. Mahathir returned to power by winning only 13 seats in his newly formed Bersatu Party. It is unbelieveable and near possible to ride on such a small party to power, to become PM once again. He did. How is this related to the death and revival of UMNO?
The lost sheep of UMNO has no where else to go but flocked to the old shepherd that once led them, in Mahathir. 7 UMNO members have just joined the fold of Bersatu in Pakatan Harapan. This is the opening of the flood gate. Other UMNO members may quickly join the flow and there are about 70 of them still kicking and walking and waiting to come in. If 40 or more of the UMNO furniture decided to join Mahathir, his Bersatu would have more than 60 MPs against PKR's 47 and DAP's 42. All it needs is for a few of PKR's to switch camp and a new majority UMNO would be reborn in the name of Bersatu, the same personalities, the same policies, the same thinking, the same agenda as the dysfunctional UMNO.
When this happens, UMNO will rise again to be the ruling party of Malaysia, and history will restart a new cycle from square one. Nothing will change except in name. Mahathir still in charge, his old thinking and mindset and policies, and the whole jin gang from UMNO tagging along.
UMNO died and revives.
Long live UMNO aka Bersatu. Long live Bumiputras. Long live Ketuanan Melayu.
2/26/2019
KOREAN PEACE DIVIDENDS PAYOUT NOW
Harvesting
Korean Peace Dividends
Vietnamese Lessons
for the US and Korean Peninsula
Ever since the
era of peace arrived at the Korean Peninsula in 2018, the world has waited
patiently with abated breath ready to reap and harvest the expectant abundant
windfall of the Korean peace dividends.
Economic growth and trade benefits are the best guarantee for a lasting
and sustainable Korean peace. The
US in fact holds the major key to unlock and unleash unto the
world the tremendous prosperity from the Korean Peninsula.
The 2019
DPRK-USA Vietnam Summit will see US President Donald Trump meeting DPRK
Supreme Leader Kim Jong-un in Hanoi, Vietnam from 27-28 February 2019. This is their 2nd meeting.
The
significance of Vietnam
as the venue for the 2nd Trump-Kim Summit has both symbolic and voluminous
importance regarding President Trump’s indelible place in history for a major watershed
landmark foreign policy achievement within less than 2 years of his
Presidency.
Historically,
Vietnam shares much similarity and familiarity with Korea. From traditional dynastic empires to
occupation and involuntary colonisation by foreign powers and followed by a
long war with the US over whom they had also prevailed.
The Indochina
Peninsula was forcibly colonised by the French in the mid-19th
century after centuries of flourishing imperial dynasties. Japanese occupation came in 1940 following
World War II. After the Japanese defeat
in 1945, Vietnamese leader Ho Chi Minh declared independence and a 9-years war
ensued with the French colonial power that they finally defeated in 1954. The country was divided into a communist North
Vietnam (or Democratic Republic of Vietnam) and South Vietnam supported by the
US. The conflicts (called the “American
War” by the Vietnamese and “Vietnam War” by the American) lasted from
1965-1973, ultimately ended decisively with the North Vietnamese victory in
1975.
Within a period
of just 30 years from 1945-1975, Vietnam had defeated 2 global superpowers
namely, France and the US, in her fight for independence and freedom. Her aspirations for independence and freedom
should be well-understood and appreciated by similar bloody struggles in US
history.
Arguably,
Vietnam is the only country ever to defeat the might of the American military
through sheer perseverance, courage, strategy and political will. And as the US retreated in defeat from
Vietnam in 1975, it also imposed such crippling sanctions and trade embargoes
so as to hinder the legitimate aspirations and efforts of the Vietnamese people
in economic growth and national development.
On 3 Feb 1994,
President Bill Clinton partially lifted the 19-year-old trade embargo on the Socialist
Republic of Vietnam. He also announced
the formal normalization of diplomatic relations between the US and Vietnam on 11 July 1995.
On 23 May 2016,
President Obama officially lifted the historical 50-year US trade embargo on Vietnam
in a major policy shift in global trade. This removed all the long-standing US sanctions
and trade embargoes imposed on Vietnam in 1975 in the aftermath of her defeat in
the Vietnam War.
Quite
obviously, the Vietnamese peace dividends, albeit delayed by 20-50 years are
simply astounding and staggering. US-Vietnam
bilateral trade grew from just over US$200 million in 1994 to more than US$50
billion in 2019. In 2018, Vietnam ranked
as the 17th US trading partner in total trade value
by November 2018 of US$54.3 billion, with US$8.88 billion exports and imports
of US$45.42 billion (a deficit of $36.55 billion).
Like Vietnam,
the Korean Empire was forcibly annexed by Japan in 1910. Koreans were subjected
to a period of brutal suppression and unimaginable atrocities until the
Japanese defeat in 1945. From 1945,
Korea was partitioned at the 38th Parallel with the Communist
“Democratic People’s Republic of Korea” (DPRK) in the North, supported by China
and Russia, and the “Republic of Korea” (ROK) in the South supported by the US
and Western European nations.
In 1950, DPRK
Leader Kim Il-sung launched the Korean War in an attempt to reunify Korea,
meeting fierce and vigorous resistance from the US and Western European
nations supporting ROK. The conflicts
ended in a ceasefire “Armistice Treaty”
in 1953. In 1991, DPRK and ROK were
accepted into the United Nations.
Both the Korean
and Vietnam Wars were fought for the same reasons to secure independence and
freedom, albeit under different political systems. Their respective national leaders refused to
accept the division and partition of their countries by foreign powers.
As for DPRK and ROK, DPRK
Leader Kim Jong Un and South Korea President Moon Jae-In also signed on 19
September 2018 the Pyongyang
Declaration which affirmed their earlier April 2018 Historic
Panmunjeom Declaration. Together, they declared to the world to
abide thoroughly by and faithfully implement the 2 Agreements, essentially
constituting the Korean North-South
Peace Treaty, and to take practical measures to transform the Korean
Peninsula into a land of permanent peace. Before 80 million Korean people
and the whole world, they solemnly renounced war on the Korean
Peninsula to begin an
era of peace.
The Panmunjom
Declaration for Peace, Prosperity and Unification of the Korean Peninsula was
adopted between DPRK Leader Kim Jong-un and ROK President Moon Jae-in on 27 April 2018 during the 2018 Inter-Korean Summit on
the South Korean side of the Peace House in the Joint Security Area.
According to the declaration,
the governments of DPRK and ROK agreed to cooperate on officially ending
the Korean War to begin a new era of peace and sharing commitments in ending divisions
and confrontation by approaching a new era of national reconciliation, peace
and prosperity and improvements to inter-Korean communication and relations.
In a culturally significant
symbolic act, they stood with their spouses on Mount
Paektu, the spiritual
ancestral mountains of the Koreans to pay homage to their common ancestors and
to proclaim that the North-South brothers are no longer estranged and divided,
and to vow “never again” to war with one another, and to develop mutual relations
for national reconciliation and cooperation for real peace and co-prosperity so
as to realise the common aspiration and hope of all Koreans for cultural,
social and eventual political unity.
As
the sun rose that fine autumn day, the dawn of Korean peace had begun. I was then in DPRK for a different reason.
The
Korean North-South Peace treaty ended the Korean War. The 1853 Armistice signed
on 27 July 1953 was designed to "ensure
a complete cessation of hostilities and of all acts of armed force in Korea
until a final peaceful settlement is achieved”. The Agreement implementing
the Panmunjom Declaration in essence and fact represents that “final peace
settlement”. Following the Peace Treaty,
military exercises were cancelled, border posts removed and the number of
border guards substantially reduced, among other confidence building measures
to enhance peace building efforts.
With their terms and
conditions fulfilled, the United Nations Command
(UNC) established by UN
Security Council Resolutions 83 and 84 are therefore rendered obsolete. The dissolution of the UNC also has widespread
implications and consequences for many countries who benefited from the Korean
conflict. These include up to 7 UNC
Bases in Japan, nearly 30,000 US soldiers in ROK as well as other US assets and
resources deployed in the Far East.
In their 1st Singapore Summit last
year on 12 June 2018, US President Trump committed to provide security guarantees to
the DPRK, and DPRK Chairman Kim Jong-Un reaffirmed his firm and
unwavering commitment to
complete denuclearization of the Korean Peninsula.
Even as they
meet in Hanoi, Vietnam for their 2nd meeting, much focus has been on
the DPRK denuclearization process in progress.
The
US has yet to unveil its framework proposal for DPRK security guarantees as
promised. US security guarantees for DPRK is the major key to fully unlock Korean
denuclearization. In the meantime, crippling
trade and economic sanctions on the DPRK should be eased or lifted to turn on
the flow of Korean peace dividends so as to embolden and empower the ongoing
North-South peace process.
As they embarked
on their 2nd meeting in Hanoi, Vietnam, President Trump and DPRK Leader
Kim should be mindful of the advice of President Clinton and President Obama:
“The
history we leave behind is painful and hard. We must not forget it, but we must
not be controlled by it” (President Clinton, 18 Nov 2000).
[… an opportunity to end a] “lingering
vestige of the Cold War (and) to complete what has been a lengthy process of
moving towards normalization with Vietnam” (President Obama, 23
May 2016).
The multiplier
benefits to the global economy from immediate Korean peace dividends would be
even more tremendously enriching when compared to Vietnam. They must begin to be unlocked and turned on now,
today.
Government looks beyond disinformation in targeting foreign influence in Singapore
SINGAPORE: Speaking in Parliament on Feb 12, Senior Minister of State for Law Edwin Tong opened a second front on Singapore’s war on foreign influence.
With legislation already on the cards for deliberate online falsehoods (DOFs), the Government’s attention has shifted in parallel to specific foreign and state actors, intent on interfering in Singapore’s domestic politics via other means.
Quite apart from dealing with lies and disinformation campaigns, which were well documented via hearings of the Select Committee on DOFs last year, Mr Tong stressed that “in the physical world, foreign actors may also interfere in our domestic politics through the use of proxies, by funding or donating to politically-involved individuals and organisations, or by taking on key leadership roles in their organisations”.
Substantiating his point, Mr Tong used the examples of foreign interference in the politics of Australia and New Zealand, channelled through political donations.
Read more at https://www.channelnewsasia.com/news/commentary/deliberate-online-falsehoods-legislation-singapore-fake-news-11263036
With legislation already on the cards for deliberate online falsehoods (DOFs), the Government’s attention has shifted in parallel to specific foreign and state actors, intent on interfering in Singapore’s domestic politics via other means.
Quite apart from dealing with lies and disinformation campaigns, which were well documented via hearings of the Select Committee on DOFs last year, Mr Tong stressed that “in the physical world, foreign actors may also interfere in our domestic politics through the use of proxies, by funding or donating to politically-involved individuals and organisations, or by taking on key leadership roles in their organisations”.
Substantiating his point, Mr Tong used the examples of foreign interference in the politics of Australia and New Zealand, channelled through political donations.
Read more at https://www.channelnewsasia.com/news/commentary/deliberate-online-falsehoods-legislation-singapore-fake-news-11263036
The obsession to control the media, main and social media, is likely the real reason to start a Singapore version of McCarthyism here. The social media is so great a threat, main media is not as it is well controlled and regulated, so new laws are needed and the hype of foreign influence through social media must look like a real and present danger.
Now the next phase, threats from foreign actors trying to influence the country's policies. I can only see the USA as a country that continuously hyped on threats to its national interest as it needs to protect its empire and its dominance in the world. Now Singapore is like copying the American hype of threats and threats relentlessly, but for what? Singapore does not have an empire to protect, neither does it have to protect its dominance in the world?
The real threat to Singapore's security is the presence of millions of foreigners from one or two countries that would change the demographic pattern of the population where political power is based. The huge concentration of any particular nationality is a grave concern and this is not even talked about or taken so lightly. The foreigners are so nice, so peaceful, so obedient, would not even commit crimes. When the day the foreigners turn against us, it would be too late as too many are already here and many in high places, even in the govt holding key positions.
We have brought in a Trojan Horse with a few million foreigners inside and waiting to explode.
We have brought in a Trojan Horse with a few million foreigners inside and waiting to explode.
This is not a threat to our national security? We are afraid of a few individuals trying to influence our policies and not afraid of the millions of foreigners on our soil, inside our country? The quoting of foreign influence in Australia and New Zealand is uncalled for as it is an indirect interference and meddling the affairs of other countries and would only incur the wrath of affected countries.
When you do not want others to interfere in your internal affairs, it is best not to interfere with the affairs of others. Do not do to others what you do not want others to do to you. Remember the South China Sea island dispute between China and the Philippines? Now the Philippines are an ally of China, not even bother to mention about the fake and scandalous court rulings.
With so many foreigners with dubious intention in the island, we are waiting for a major crisis of grave proportion to destroy the peace and stability in this island. Does anyone care?
The foreigners are taking over our island with our eyes wide open but not seeing.
With so many foreigners with dubious intention in the island, we are waiting for a major crisis of grave proportion to destroy the peace and stability in this island. Does anyone care?
The foreigners are taking over our island with our eyes wide open but not seeing.
2/25/2019
DBS Vickers Securities - Restructuring or Retrenchment
'The equities trading business is critical to DBS and we have no plans to shut it down...exploring different models with a view to delivering a stronger customer proposition with minimal employee impact.' This is a quote from Business Times when DBS was asked about the rumour that it was closing down its equity business.
In the townhall meeting, DBS told the remisiers that they would not be doing equity business anymore and the Company would speak to everyone of them to try to fit them into another job in DBS according to their experience and qualifications subject to its policy on employing employees after retirement age and market practices.
The above two paragraphs when read superficially brought a little hope to the remisiers that all is not lost and maybe they could still be reemployed in some capacity in DBS. The devil is in the details, so they said and I would like to look into the statements and see how meaningful or how meaningless they are to the remisiers, told to look forward to a new journey. By the way, the person that crafted these clever replies would be highly sought after as a potential politician.
In the townhall meeting, DBS spokesman said DBS Vickers Securities would not be closed down. But all the remisiers will no longer be engaged in equity trading but redeployed into other areas if found suitable. The equity business would be taken over by the bank. This simply means that remisiers cannot trade in equities anymore despite their years of experience in this trade, ie made redundant. And the business they built over several decades would be taken over by DBS.
There will be minimal impact on employees, remisiers are not. Most of the employees, ie support staff in equity trading are likely to be absorbed by the banks to continue what they were doing. The remisiers would be like a clean sheet of paper, newbies, as their wealth of experience would no longer be relevant as they would not be doing what they were doing in the last 20 or 30 years. What do you think they can do in DBS when their only experience is equity trading? Would there be comparable jobs that pay them the same as what they were as remisiers when they have no relevant experience? What would be the likely jobs for them, customer guides in the banking hall, security guards, cleaners?
Another critical factor is age. Remember, retirement age is 62 in DBS though MOM specifically said that this is only the Minimum Retirement Age. Many of the remisiers are in the 60s, 70s and even 80s. How many would be found useful enough to be offered reemployment in DBS and if found suitable, likely to be on a one year contract, maybe renewable. Without this restructuring, the remisiers are looking to a lifelong employment in equity trading as long as they could churn up enough business to justify their existence. Very likely the majority of those above 62 would face unemployment, unsuitable and too old to be working. Those in the late 50s or early 60s could see a similar fate as 62 is around the corner.
In reality, this restructuring exercise would see many remisiers being jobless, not only the oldies but also those below 60s, if they could not find a job that fit their experience and qualifications unless they are willing to take anything that DBS is offering.
There will be minimal impact on employees of DBS Vickers Securities but maximum impact on the pool of remisiers. This is a retrenchment exercise in a different guise. Many of the remisiers will join the statistics of the unemployed PMETs. DBS could look very generous by offering a one year contract to a few remisiers to show how caring DBS is as an employer, but for how long and what kind of jobs and what kind of remuneration?
Let me summarise. DBS is telling the remisiers that they cannot practise their trade and all their clients and business would be taken over by the bank. Period. Many remisiers would be made jobless and a few could be offered jobs that are not comparable to what they were doing and not paying what they were getting as remisiers. They too would lose their jobs in a matter of time.
See the small prints or what is in between the lines? With the GE around the corner, this could be an issue for the opposition to kick around and DBS would be on the lips of everyone.
In the townhall meeting, DBS told the remisiers that they would not be doing equity business anymore and the Company would speak to everyone of them to try to fit them into another job in DBS according to their experience and qualifications subject to its policy on employing employees after retirement age and market practices.
The above two paragraphs when read superficially brought a little hope to the remisiers that all is not lost and maybe they could still be reemployed in some capacity in DBS. The devil is in the details, so they said and I would like to look into the statements and see how meaningful or how meaningless they are to the remisiers, told to look forward to a new journey. By the way, the person that crafted these clever replies would be highly sought after as a potential politician.
In the townhall meeting, DBS spokesman said DBS Vickers Securities would not be closed down. But all the remisiers will no longer be engaged in equity trading but redeployed into other areas if found suitable. The equity business would be taken over by the bank. This simply means that remisiers cannot trade in equities anymore despite their years of experience in this trade, ie made redundant. And the business they built over several decades would be taken over by DBS.
There will be minimal impact on employees, remisiers are not. Most of the employees, ie support staff in equity trading are likely to be absorbed by the banks to continue what they were doing. The remisiers would be like a clean sheet of paper, newbies, as their wealth of experience would no longer be relevant as they would not be doing what they were doing in the last 20 or 30 years. What do you think they can do in DBS when their only experience is equity trading? Would there be comparable jobs that pay them the same as what they were as remisiers when they have no relevant experience? What would be the likely jobs for them, customer guides in the banking hall, security guards, cleaners?
Another critical factor is age. Remember, retirement age is 62 in DBS though MOM specifically said that this is only the Minimum Retirement Age. Many of the remisiers are in the 60s, 70s and even 80s. How many would be found useful enough to be offered reemployment in DBS and if found suitable, likely to be on a one year contract, maybe renewable. Without this restructuring, the remisiers are looking to a lifelong employment in equity trading as long as they could churn up enough business to justify their existence. Very likely the majority of those above 62 would face unemployment, unsuitable and too old to be working. Those in the late 50s or early 60s could see a similar fate as 62 is around the corner.
In reality, this restructuring exercise would see many remisiers being jobless, not only the oldies but also those below 60s, if they could not find a job that fit their experience and qualifications unless they are willing to take anything that DBS is offering.
There will be minimal impact on employees of DBS Vickers Securities but maximum impact on the pool of remisiers. This is a retrenchment exercise in a different guise. Many of the remisiers will join the statistics of the unemployed PMETs. DBS could look very generous by offering a one year contract to a few remisiers to show how caring DBS is as an employer, but for how long and what kind of jobs and what kind of remuneration?
Let me summarise. DBS is telling the remisiers that they cannot practise their trade and all their clients and business would be taken over by the bank. Period. Many remisiers would be made jobless and a few could be offered jobs that are not comparable to what they were doing and not paying what they were getting as remisiers. They too would lose their jobs in a matter of time.
See the small prints or what is in between the lines? With the GE around the corner, this could be an issue for the opposition to kick around and DBS would be on the lips of everyone.
Subscribe to:
Posts (Atom)