2/25/2021

Why the need for MOM to approve Employment pass application?

 

‘Employers have the primary responsibility to ensure the authenticity and quality of the academic qualifications….that they wish to hire’- MOM. I disagree with the above MOM statement. Let me explain.

The reality in the workplaces is that too many employers just do not have the required resources, means and connections to effectively vet the authenticity and quality of the academic qualifications of their foreign hires and that is why MOM being the regulator has to step in and its approval sought. Isn’t MOM aware that their approval comes with responsibility?

It is most despicable of MOM to push that responsibility to the employers when things screwed-up but when things are fine, they sure know how to collect the employment levies months after months and years after years without fail.

I will be blunt. If that is the standards and attitudes of Singapore MOM, then MOM ministers’ jobs and responsibilities aren’t too difficult, heavy and impressive really.

MOM, I clap for you!

Just imagine if only a fraction or say, 1% of the hundreds and hundreds of thousands of work pass holders who have landed employment in Singapore over the decades possessed fake academic credentials, then thousands and thousands of our citizen job seekers would have been deprived or shortchanged of employment opportunities in our own job market and many of those jobs are decent paying jobs. I could go on…

Think.

Simon Lim posted the above in TRE

 Why is there a need for MOM to approve Employment Pass application when the burden of checking for fake degrees is on the employer? Would it then not be better and easier to regard MOM as a rubber stamp, to inform MOM of such an application and to pay the dues for the application and nothing more?

If MOM does not need to verify or check the qualifications and suitability of the applicant, what then is the value add of MOM? 

Who should be responsible to make sure that fake degrees and cheats are not allowed to work in Singapore? As Simon pointed out, who has the resources to make and verify that degrees and certificates are genuine, especially when they come from overseas, from little corners of the earth, from places that no one heard off, from institutions that are not even listed or known? 

What would MOM or employers do when degrees and certificates cannot be verified for whatever reasons? Never mind lah, just accept since cannot find out, dunno how or where to check? Is this what is happening when comes to application for jobs in Singapore?

When dunno, don't ask, no need to know. Never mind?

2/24/2021

In this CCP Centennial 2021, old and past heroes of the Chinese Communist Party that saved China and the Chinese people will always be remembered eternally.

      The Chinese Communist Party is not only the saving star of China and the Chinese people but is also the saving star of many ex-colonial countries in Africa, Asia and Latin America. In this One Hundred Years Anniversary of the founding of the Chinese Communist Party we must appreciate that it was with the strong support of the People's Republic of China that ex-colonial countries in Africa and Asia were able to throw off the colonial yoke and gained independence. It was with strong Chinese support that Vietnam, Cambolia, Loas and Myanmar were able to escape from the clutches of American imperialism. Most important it is with strong Chinese support that North Korea was able to fight off the American imperialist and  maintain its independence. 

In the last over one hundred years from 1830s to mid 1940s  the Chinese people suffered the most outrageous humiliation of being  attacked, slandered, torn apart and dismembered by the hordes of Western barbaric countries like England, France, Russia, Germany, Holland, the United States, Spain, Portugal, Italy and Japan. They tore China apart like a living bull being attacked brutally by a pride of lions or hyenas. China was dismembered with what the west claimed that China was like a huge ripe watermelon waiting to be cut and divided among  themselves the aggressors and invaders.

Several times during this debacle of Chinese civilization there were great patriots who rose up to resist Western and Japanese aggressions. But they were brought down by the treachery of the West. It was not till the founding of the Chinese Communist Party that the long tortuous route to national survival and salvation of the Chinese Civilization could be realized.

As I had previously in June and July 2020 written a series of five articles describing the heroic fights and sgtruggles of the CCP , I will not describe the same here. But instead it is important in this centennial of the CCP , to honour and highlight the heroes , the leaders both in the civilian and military and the hundreds of thousands or millions of Chinese who out of conviction and patriotism selflessly devoted their lives to fight western and Japanese aggressions to salvage Chinese honour, dignity and self-respect through victory in Chinese nationalism and civilization.

Undoubtedly without the founding of the Chinese Communist Party China could have continuously slide into permanent choas and distability and eventual disintegration into different servile colonies of England, Russia, France, America, Germany, Spain, Italy, Holland and Japan. In short the proud Chinese people would have lost forever their national state and their over 5,000 Year civilization. Thus those Chinese patriots in the Chinese Communist Party were in the forefront of the deadly struggle against Western, Russian and Japanese imperialism. At the founding of the Chinese Communist Party on 23rd July, 1921, China had already lost over three million square miles of territory to Russia, England, France and Japan. With the founding of the CCP and the eventual establishment of the People's Republic of China on 1st October, 1949, the Chinese people have stood up and prevented the further tearing up of China. China's lost territories due to coercion unequal treaties must eventually be recovered and will be recovered when history turns in China's favour.

The founders of the Chinese Communist Party and the First Generation Leaders.

Chen Tu-hsiu ( Chen Duxiu ) and Li Ta-chao ( Li Dazhao ) were co-founders of the CCP. The First National Congress of the CCP was held secretly  on 23rd July, 1921 in a deserted girls' boarding school in the French Concession of Shanghai. It was attended by 12 delegates representing fifty-seven original members. Chen Tu-hsiu described western democracy as a swindle, " democracy is no more than a tool used by the bourgeoisie to swindle mankind in order to maintain political power. " Li Ta'chao was the librarian at Peita or National University of Peking. His assistant librarian was a young intellectual Mao Tse-tung. Both Li Ta-chao and Mao Tse-tung were right in focusing on the peasants as a pre-requisite for carrying out a successful revolution instead of following the Russian dictate on using the bourgeoisie or city working class which was a complete failure in China's situation. Unfortunately Li Ta-chao was captured and executed by the re-actionary warlord Chang Tso-lin on 28th April, 1927. It was Mao Tse-tung who carried on the peasant struggle by putting his mentor's idea into practice and thus eventually won the revolutionary victory against both foreign aggressors and reactionary Chiang Kai-shek to proclaim the establishment of the People's Republic of China on 1st October, 1949.

Other important CCP leaders who contributed to the success of the founding of the People's Republic of China were Premier Chou En-lai,  Liu Shaoqi,  Deng Xiaoping , Xu Xiangqian and some of the grand marshall generals Chu Teh, Peng Dehuai, Ye Jianying, Lin Biao, He Long, Liu Bo Cheng,  Chen Yi, Nie Rongzhen, Yang Shangkun, Lo Jui-ching and Luo Ronghuan. Premier Chou En-lai was a great statesman par excellence, a strategic thinker and a great administrator without whose expertise China would not have overcome the tremendous problems that China had to face both internally and externally. The marshall generals were all great military strategists whose command and directions of the wars and struggles against the Japanese invaders and subsequently against the Kuomintang and its American supporters were consequential in the defeat of the Japanese and the Kuomintang under the despicable Chiang Kai-shek.

The success of the People's Republic of China is in a great way played by the patriotic and dedicated Chinese scientists and technocrats. These highly intellectual scientists and technocrats were very innovative and very devoted and dedicated in their work to contribute as part of their work and duty to help, preserve and maintain the safety and seecurity of China's nationalism and sovereignty. As there are too many of them to be mentioned here it would  suffice to list just a few of the most outstanding ones. They are as listed below:

Rocket propulsion and ballistic missile scientists: Professor Qian Xue - Sen ( Father of China's rocket and ballistic missiles ), Yang Nan-sheng, Guo Yong-huai, Chieh Chien-chang, Dr. Cheng Shi-ying, Xu Guo-zhi, Yang Jia-hui, Wang Xi-ji, Lu Qiang, Chen Yuan Jiu, Zhao Jiu -zhang, Wei Yi-qing, Luo Pei-lin, Luo Shi-jin and Qian Ji. Professor Qian Xue-Sen and his team of rocket and ballistic scientists have trained tens of thousands of young Chinese scientists to become qualified experts in their own ambitious goal.

Nuclear scientists: Professor Qian San C'hiang ( Father of China's Atom Bomb, Hydrogen Bomb and Nuclear Technology), Deng Jia H'sien, Sun Yuen Chi, Yang Chen Ning, Zhang Ying Yi, Sun Jia Tung, Wang Chien Chang and Wang Bing Zhang. Professor Qian San C'hiang and his colleagues too have trained tens of thousands of young Chinese scientists to become experts in nuclear technology.

Both Professor Qian Xue-sen and Professor Qian San C'hiang collaborated their efforts to propel China's ballistic missile and nuclear technology to the highest level of success to maintain China's security and sovereignty. With large pools of new young and talented scientists trained by them in both the rocket and ballistic missile technology and the nuclear technology China's future in both fields of technology is secure. The rocket and missiles scientists and the nuclear scientists form a very strong and powerful bulwark in the defense of China's security and sovereignty. Hopefully a strong and powerful nuclear armed China will deter the bellicose Anglo-Saxon British and white Americans from creating any more trouble for China and the Chinese people.

It is also important to know and recognize the vast contributions of the ordinary Chinese folks in rural agricultural China and the proletariats of the working class people in the cities in their determined struggle and fights against the western and Japanese aggressors and invaders. They held regular important revolutionary musical and dramatic cultural events that inspire the Chinese patriotic spirit to rise up and topple the evil foreign aggressors and invaders. As usual there are too many of them to be mentioned here. It is suffice to just mention two of the most outstsanding cultural intellectuals whose vital contributions to the success of the Chinese Communist victory and establishment of the People's Republic of China can never be forgotten.

Nie Er (original name Nie Shouzin)  and Tian Han worked closely with each other in devoting their lives to fight western and Japanese aggressors and invaders through the strong influence of their revolutionary songs and music which inspired the people;s monumental spirit to rise up to fight and drive out the western and Japanese invaders and to secure Chinese nationalism and sovereignty. Their songs and music touched the heart of every Chinese person and promoted nationalism and patriotism. They tell the story of people at the front line fighting Japanese invaders in northeast China in the 1930s. 

Nie Er's last song "The March of The Volunteers" in which he wrote the musical scores while Tian Han contributed the lyrics captured  the rising anti-Japanese sentiment and the song "The March of The Volunteers" was selected as China's National Anthem with the establishment of the "People's Republic of China." Further more "The March of The Volunteers  " has universal appeal that transcends Chinese Nationalism.

Every year on Chinese National Day on 1st October, the Chinese government pay tributes and eulogies to the unknown millions of Chinese martyrs who died a heroic death in fighting against western and Japanese imperialism and invasion and in so doing sacrifice their lives for the sake of securing Chinese Nationalism and sovereignty and the final success in establishing "The People's Republic of China" on 1st October, 1949.

The success and victory of the Chinese Communist Party in establishing the "Peole's Republic of China" has restored honour, dignity and self-respect to China and to every proud Chinese in all corners of the world. In this centenary of the Chinese Communist Party which is on 23rd July, let the Chinese throughout the world celebrate and toast to the Party and remember that it is the stoic struggle of the  millions of Chinese patriots in the past that contributed to the success of the revolution that finally restored honour, dignity and self-respect to all Chinese people. 

The west under the leadership of the evil empiire the United States and Japan still harbour evil intentions to destroy China and the Chinese people. It is the duty and responsibility of all Chinese people in the world to resist western and US imperialism and to defeat them completely so that China and the Chinese people and the rest of the non-western countries can live in peace and security.

Southernglory1

Wednesday, 24th February,2021



 









 

2/23/2021

DBS in hot soup in India because of LVB?

The hottest topic today must be the long queue of Indian companies waiting to sue DBS Bank. Every concern Singaporeans, every thinking Singaporean is raining cold sweat if you know the consequences of this turning bad. My email and sms have been flooded with messages on the legal suits taken in India, not in Singapore, against DBS Bank. I would be feeling more secure if they were to sue in Singapore courts. But in Indian courts, tough.

Many are at the point of being hysterical on the fear of huge losses by DBS Bank, and at the way things are looking, it is a bottomless pit. To the concern and thinking Singaporeans it is not just our reserves being affected, their pockets would also be affected. See that? The big hole must be patched somehow, and who is going to pay for it? If you are still blur, then you are a perfect daft Singaporean.

OK, before this drama becomes too melodramatic, before doomsayers got carried away, I would like to give Singaporeans a big confidence booster. No need to worry lah. Why? Everything is under control. Such a big decision cannot be made like between Muthu and Ah Seng in the backlane, ai mai, eh sai beh sai, and deal done. 

Many very clever people must be involved in studying this merger before they said yes. No due diligence, cannot be lah. 

One best sign to know that all is well is that no one in the govt has said anything to the contrary or trying to sound out to the people, to prepare the ground, that DBS or Singapore is in deep shit. This is another way of saying, if no one complains, then there is no problem. In this case if the PM and all his ministers and MAS and DBS did not sound worrying, then all is fine. Opposition MPs also never make noise. You know they sure make a lot of noise if something is foul. If they also keep quiet, then must be ok lah. See no one ask question about this. See how many questions they asked about climate change and you know what is more important.

My logic good right?

Then DBS is not a fly by night company that was born yesterday. DBS has many years of experience in this type of merger, even advising companies about merger. How can DBS not know what it is doing. Gupta is the best banker in Singapore, maybe the whole world. And he came from India, born in India, just a few years ago he was still an Indian citizen. His contacts would have told him if got problem. He could smell them too. He is not paid millions to fumble in such a simple merger of two banks. Any small banker would be able to do it quite easily, especially to protect from unknown and unlimited liabilities. There would be a standard checklist of do's and don'ts.

And DBS have a lot of damn bloody smart and damn bloody shrewd lawyers.  These experts would be there first on the ground to assess the situation and to make sure the ground is safe before saying ok to put in hundreds of millions into the deal. Please don't suggest the damn bloody smart and shrewd lawyers were sleeping or did not know their job. They are experts in such things, many years of experience, not the first time working on such a case.  Ignorant lay people no need to worry too much. Leave it to the experts in DBS and the govt. Singapore is in good hands. Cross my heart.

Still not convinced? I guarantee you DBS and Singapore would not lose a single cent in this merger. Gupta already said LVB would be profitable in a year or two. Trust him. He is the best bank manager Singapore can find and afford to pay. Not to worry.

Yes, I guarantee. If DBS India becomes DBI, I lose and I will buy you kopi. See, putting money where my mouth is. Trust me, not to unduly worry over this and have sleepless night. Everything is fine, will be fine.

Remember, DBS is the best bank in the whole world.  You mean they could be duped so easily by the Indian govt into such a scam? Come off it. Don't let your imagination goes too wild. I bet all the Sues would be thrown out of the Indian courts. DBS would pay for the best Indian lawyers to fight these spurious lawsuits. No need best Indian lawyers from Singapore, no need Davinder. And in India, DBS can pay them in rupees some more. Cheap, cheap.

And we have a trump card still not use yet. If all else fails, send Chok Tong. He is India's man and the Indians would give him face. He looks so handsome in his Indian dress. What you call that he used to wear? When Chok Tong goes to India, all problems become no problem.

Have a good sleep and get on with your life. No need to worry unnecessarily....And we have so many top officials, ministers and MAS and DBS chiefs, all Indians, can talk in same language and understand the Indians and the game they are playing. How can anything go wrong? Por lah.

PS. Please excuse me if I made too many mistakes. I wrote this after downing half a bottle of Cabernet Sauvignon.  Cheap cheap one, offer from Fairprice.

Widespread sanctions are evil and must not be allowed

 

SINGAPORE (Reuters) - Singapore's foreign minister spoke out on Tuesday about "alarming developments" in Myanmar but said he did not support widespread sanctions on the country in response to a coup there as these could hurt ordinary citizens....

Imposing broad sanctions against Myanmar would hurt its population, where poverty was rife, Balakrishnan said, adding he had conveyed this point in discussions with Western counterparts, including Germany.   Vivian Balakrishnan in Yahoo News

Countries that imposed indiscriminate widespread sanctions on a country are more evil and irresponsible than the country they imposed sanctions on. The people of North Korea, Iran, Cuba, Venezuela and many others in Latin America, Africa and Asia are still living in poverty because of the evil Americans and the wicked West imposing sanctions on them, some for several decades, leading to poverty and immense suffering of the people that are innocent and did not have anything to do with their govts. Further, every country has a right to choose their own system of govt and this is not an excuse to impose widespread sanctions on them. Communism is as good as Democracy if well managed for the good of the people. Democracy is more evil than Communism if practised for the benefits of the few elites.  The bottom line on good and evil is not ideology but evil men in charge.

The evil Americans are responsible for the millions of people living in poverty in countries sanctioned by them by their wicked lies and for political reasons.  When is the UN going to stand up for these suffering people? When is the UN going to stand up against the evil American Empire and stop them from destroying the lives and economies of nation states?

Reckless indiscriminate sanctions like what the Americans have done to Cuba, North Korea, Venezuela. Iran and many other countries are evil to the core. It affects the entire population that had nothing to do with the political leaders or politics. The evil Americans must be stopped from their cruel and wicked acts to impoverish hundreds of millions of people around the world. They are going to include Myanmese as their next target.

To the evil Americans, they have been waiting eagerly for this opportunity to exert their imperial agenda to control Myanmar and to raise tension in the region, meaning wars and more business for their war industry. The main purpose of their dominance is to control and abuse the world, inciting wars and making every country fighting and killing each other, economy destabilised and dysfunctional and at the mercy of the Americans.

While some Asean countries are opening their big mouth to shout at Myanmar, they should also shout at the Americans and the West from imposing nation wide sanctions against the people of Myanmar.  They should raise this at the UN and remove all the wicked sanctions against other countries imposed by the evil Americans. The aggressive behaviour and gangsterism of the Americans cannot be condoned and cannot be allowed to be repeated in Myanmar. 

Look at what they did in Iraq, Syria and Libya! Keep the evil Americans out of other countries' domestic affairs. Tell the Americans to save themselves first from the Covid19 pandemic and the racial division in their own country.

Do not allow the Americans to use this as an excuse to destroy the lives of the Myanmese and turn the Asean region into another hotbed of wars, instability and white terrorism.

2/22/2021

DBS In Hot Soup In India?

 DBS In Hot Soup In India?

It certainly looks like DBS, with an original Indian Chief at the helm, has got itself into very hot and spicy Indian curry soup.

UOB Kay Hian has released a report on 19 Feb 2021, suggesting that DBS would be suffering from “more headaches from lawsuits in India”.

DBS plunges itself into the Indian Ocean of deep troubles when it went ahead to acquire the failing Lakshmi Vilas Bank (LVB) in India last November.

It was a like a shot-gun marriage initiated by the Central Bank of India. to force DBS India to merger with LVB in order to rescue LVB from certain collapse.

Immediately after DBS India merged with LVB, Religare Finvest Limited (RFL) of India filed a petition with the Delhi High Court to make DBS India a respondent in its ongoing lawsuit with LVB, on the ground of the merger of the two banks (‘Firm petitions court to make DBS responsible for LVB’s embezzlement of S$130m of its FDs‘).

Prior to DBS’ acquisition of LVB, 2 employees of LVB were already arrested last year for their alleged involvement in the misappropriation of RFL’s fixed deposits from the bank.

A total amount of some Rs 729 crore (S$132 million) belonging to RFL was alleged to have been embezzled by the 2 senior LVB staff.

In fact, RFL reported the matter to the Indian police back in 2018.

It was alleged that the staff colluded with external parties in siphoning off RFL’s fixed deposit money from the bank.

Subsequent investigation is said to have uncovered grave irregularities and severe violation of regulations at LVB.

The claim amount by RFL has swelled to Rs 900 crore (S$164m) due to compounding of interest.

The next hearing of the case is scheduled to be heard next Thursday (25 Feb).

There are also other similar cases still outstanding. How many more such claims against DBS will there be? Your guess is as good as mine.

Maybe CPIB should make an investigation into the background of how this funny deal was negotiated and who were those involved?

What will be the implications to Temasek Holdings?

SSO