February 10, 2010

Temasek sets up its own hedge fund

TradecoHoldco said:

Sounds like they are setting up a prop desk. Word on the street is that they will still pay their people very little. Also given Temasek’s traditional top down approach, I wonder how they are ever going to get a research edge when they have a high propensity to ignore the opinions of junior people.

It also sounds like Ho Ching finally got her margin account size increased ; )

Recommended by Anonymous Coward: "Madam Ho finally decided she wants Singapore to be a giant hedge fund"

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Submitted by Anonymous Coward on February 10//10:01am and published by jseng :: 3093 reads | trackback

December 09, 2009

Pain with No Gain

Hri Kumar said:

We need to recognise that we are dealing with life-changing issues. I do not know what would have happened to me if I had not made it to JC. There is a good chance I would be doing something completely different today. Others have not been so lucky. It is plainly wrong and illogical to deny a bright student advancement, or to disadvantage him, simply because of a weakness in second language. The sooner we pry this albatross from our necks the better.

Recommended by Anonymous Coward: "Should a student be prevented from going to university if he fails his Second Language? Hri says no."

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Submitted by Anonymous Coward on December 04//5:21pm and published by jseng :: 5 comments | 1365 reads | trackback

October 13, 2009

PRC guy adopts rescued dog and posts him for SALE

avalon said:

Recently, we rescued 2 factory puppies from my neighbourhood and after taking care of them, we went about finding new loving homes for the pups...But something horrible happened. We found on 88db.com that the same boy-pup, Dane, was being posted for SALE... he even claims he paid $4k for the dog. This is NOT TRUE. He paid an adoption fee of $350...I made a mystery shopper's call this morning..It is the SAME GUY. He spoke with the same funny PRC accent and had the same voice.

Recommended by avalon: "This PRC mofo claimed to be offering a good home for this rescued puppy and now puts him up for sale."

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Submitted by avalon on October 11//11:03am and published by jseng :: 16 comments | 3517 reads | trackback (2)

September 04, 2009

Chinese Language in Singapore = BORING

Oikono said:

So what is wrong with how Chinese was taught? There was too much focus on memorization, at the expense of discussions. Too much ancient (and sterilized) materials were emphasized, at the expense of contemporary issues. Why not pair banal stories of Yue Fei with materials on modern Chinese nationalism? Why not talk about Li Bai in the larger scheme of how Chinese poetry evolved? Language training in my school was divorced from the deeper discussions of Chinese culture, politics and society that could have motivated me.

Recommended by Anonymous Coward: "Can chinese be made more interesting? MOE should be rethinking its approach!"

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Submitted by Anonymous Coward on September 03//11:59am and published by jseng :: 6 comments | 2311 reads | trackback

August 10, 2009

Berlusconi in Tehran

Slavoj Žižek said:

If there is one person to whom monuments will be built a hundred years from now, Peter Sloterdijk once remarked, it is Lee Kuan Yew, the Singaporean leader who thought up and put into practice a ‘capitalism with Asian values’. The virus of authoritarian capitalism is slowly but surely spreading around the globe. Deng Xiaoping praised Singapore as the model that all of China should follow.

Recommended by Anonymous Coward: "What is the link between Berlusconi, Ahmadinejad, Deng Xiaoping and Lee Kuan Yew?"

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Submitted by Anonymous Coward on August 09//12:34pm and published by Agagooga :: 1584 reads | trackback

July 24, 2009

What I know about teaching in schools

Anonymous said:

All teachers are burnt out because more and more jobs are pushed to teachers. A teacher's job include the following: a) CCA administrative work b) deparmental administrative work c) setting worksheets, tests, exams, worksheets for next year, topical exams for other levels.

Recommended by Anonymous Coward: "Came across this forum post by a former teacher. Guess it's true that it's becoming more and more difficult to be a teacher in Singapore"

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Submitted by Anonymous Coward on July 24//4:37pm and published by jseng :: 3 comments | 1299 reads | trackback

May 21, 2009

Bank of America Shares Shot Up 74% After Temasek Sold It's Stake

New York Times said:

But Temasek, the investment arm of Singapore, could be feeling a bit of seller’s remorse. The fund recently reported selling its entire stake in BofA — at an enormous loss, by all accounts — some time before March 31. Since then, BofA’s stock is up about 74 percent.

Recommended by Anonymous Coward: "Exactly as Financial Times predicted: "buy high, sell low". Let's see some accountability."

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Submitted by Anonymous Coward on May 19//10:02am and published by jseng :: 1 comment | 2134 reads | trackback

May 16, 2009

Temasek lost US$4.6 billion on US$5.9 billion investment

LuckySingaporean said:

"When we invest, we are investing for 10, 15, 20 years. You may look as if you are making a big loss today, but you have not borrowed money to invest. You will ride the storm, the company recovers, your shares go up." - Lee Kuan Yew, Feb 2009

Temasek has sold its entire stake in Bank of America. Bloomberg reports that Temasek might have lost close to US$4.6B in the investment. Temasek received Bank of America stock after Bank of America took over Merrill. Temasek spent US$5.9B on its Merrill investment. Temasek sold its stock in first quarter of 2009.

Recommended by Anonymous Coward: "So much for "10, 15, 20 years". Ho Ching and Lee Kuan Yew are really, really gifted in squandering Singaporeans' savings: Suzhou Industrial Park, Micropolis, Shin Corp, Optus, Merrill Lynch --- every single thing that they touch turns into shit. How they can even achieve such extraordinary incompetence is beyond imagination."

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Submitted by Anonymous Coward on May 16//12:06pm and published by jseng :: 28 comments | 2646 reads | trackback (4)

March 09, 2009

Singapore Entertainment Awards 2009 Celebration Party - Photos Galore!

Alvinology said:

I am not going to type too much text as I am very tired… really need to get more rest. Nonetheless, I am anxious to share with everyone the photos I took at the Singapore Entertainment Awards 2009 Celebration Party, so here goes.

I was stationed at the artistes’ holding tent just beside the stage - meaning I have excellent access to the red carpet, the stage and even backstage with the celebrities. However, as I have to work also, I can only sneak in a few pictures here and there.

Recommended by Anonymous Coward: "Big event over the weekend at the Marina Bay Floating Platform, attended by over 10,000 people. Singapore seldom host such big Chinese entertainment events and this one was held at the floating platform which previously only hosted the NDP. A behind-the-scene look by someone who was working at the event."

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Submitted by Anonymous Coward on March 09//2:06pm and published by tinkertailor :: 1 comment | 2350 reads | trackback

February 10, 2009

Ho Ching leaves Temasek just in time for her successor to reap the bad news

Asia Sentinel said:

Ho Ching, the wife of prime minister Lee Hsien Loong, is departing from stewardship of Temasek Holdings in good time for her successor to have to be the one in charge when the disastrous performance for 2008 and 2009 comes around.

Recommended by Anonymous Coward: "The guy who will take the blame for squandering all our CPF and reserves is foreign talent Chip Goodyear. I guess we now know what PAP meant when it promised us "more Goodyears"."

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Submitted by Anonymous Coward on February 09//4:06pm and published by tinkertailor :: 1 comment | 1289 reads | trackback

January 03, 2009

A heartless Singapore Guy

Chinagirl08 said:

Sep 2006 I have pregnancy but Kelvin give up his baby even he is Christian. He explained to me he is too busy of the work and money is not enough too, he promised to me we will have a lots baby in the future and he also promised to me he will never have any other women in his life otherwise he will go to hell! So I went to abortion after 3 month on Dec.

Recommended by Anonymous Coward: "A China girl blogs about her relationship with a Singaporean guy, and how he dumped her. She even reveals all his personal information."

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Submitted by Anonymous Coward on January 03//8:53pm and published by tinkertailor :: 2 comments | 2895 reads | trackback

December 27, 2008

Videos show Geylang is the most happening place in Singapore!

I.Z. Reloaded links to some videos of China prostitutes in Geylang ...

These videos taken from inside a slow moving car show illegal sex workers from China standing on the streets of Geylang Lorong 8,10 and12. Just what we need, more Chinese nationals flooding our country.

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Submitted by Anonymous Coward on December 27//12:02pm and published by tinkertailor :: 4 comments | 3692 reads | trackback

November 18, 2008

Singapore's Temasek Stumbles Again

Asia Sentinel said:

Although global markets have stabilized at least temporarily over the last couple of weeks, there is no sign of a letup for Temasek, the Singapore sovereign wealth fund that has already chalked up massive paper losses from its exposure to the world’s ailing banks.

Temasek looks likely to have lost its entire S$400m (US$270m) investment in ABC Learning Centres, the recently-collapsed Australian childcare provider, and there are growing concerns that the fund may have to help bail out the Marina Bay Sands casino project in Singapore as owner Las Vegas Sands creaks under a mountain of debt.

Recommended by Anonymous Coward: "There goes your CPF. Ho Ching really does have the reverse Midas touch --- everything that she touches turns into shit."

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Submitted by Anonymous Coward on November 17//1:21pm and published by jseng, tinkertailor :: 5 comments | 1179 reads | trackback

August 16, 2008

Identity Crisis

fireopal said:

While most Singaporeans are probably happy about Singapore's upcoming medal in the Olympics that will end a drought in the Olympic medals..

Here is what 'our very own' Table Tennis super star shared on China National TV her thoughts and views!

Recommended by Anonymous Coward: "Lee Jiawei reveals her true inner thoughts and say that she is from Beijing, proud to be chinese and wants to win a medal on her homeground, her territory during the Olympics 2008.

Why no mention of Singapore at all?"

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Submitted by Anonymous Coward on August 16//10:02pm and published by tinkertailor :: 46 comments | 2118 reads | trackback (1)

August 15, 2008

China Sees Singapore As a Model for Progress

»

NYT said:

"Of course old Deng likes Singapore," said a young Chinese Government official. "It's run by Chinese, it's efficient, it's rich, and no one jabbers about human rights."

Recommended by Anonymous Coward: " "

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Submitted by Anonymous Coward on August 14//11:31am and published by jseng, tinkertailor :: 9 comments | 1229 reads | trackback

May 16, 2008

Ni Hao

QuaChee said:

But I have also found some good experiences with the Chinese nationals here. Now that they are more seen in the service sectors, they are learning fast. They seem to be bringing their 'quality service standards' (the ones from like the hotels) from their major cities to here.

Recommended by quachee: "A lot of complaints on the Chinese from mainland to Singapore... but I think we can leran a thing or two from them too. "

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Submitted by quachee on May 14//3:05pm and published by jseng, mb :: 7 comments | 1131 reads | trackback

May 13, 2008

Singapore's Unloved Chinese Labor Boom

Forbes said:

Low-skilled workers from China are ubiquitous in Singapore these days: in the shiny new terminal of Changi Airport, in coffee shops, in shopping malls, in supermarkets, at gas stations, at construction sites and populating the much-loved open-air food courts called hawker centers.

They also make their presence felt in five-star hotels, where one recent encounter found a Mandarin-speaking maid who could not comprehend a word of English. Most recently, Singapore's two bus companies began hiring drivers from China.

Chinese workers are just one constituency in Singapore's fast-growing foreign population, but they are the largest component of an expatriate contingent that crossed the 1 million mark in October, helping boost the overall population to 4.68 million in an otherwise chronically aging society. Foreigners make up about one-third of the national workforce. The country set a goal to raise its population total to 6.5 million within two decades, rejuvenating itself mainly through immigration from India and China.

Recommended by Anonymous Coward: "Forbes on Singapore's Chinese labour influx."

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Submitted by Anonymous Coward on May 13//1:52pm and published by jseng, Agagooga :: 5 comments | 1293 reads | trackback (1)

May 13, 2008

Are you ready for the influx from the Big Land?

Fireopal said:

Are Singaporeans ready for the big influx of population from the Big Land? I really doubt so judging from the problems that the media have been focusing on recently.

Recommended by quachee: "The author's take on mainland Chinese coming into Singapore."

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Submitted by quachee on May 11//8:50pm and published by jseng, Agagooga :: 1 comment | 1086 reads | trackback

May 09, 2008

PRCs Cheating Blatantly in NUS Exams

Si Hui said:

Wait! I think I hear the sound of papers flipping. Oh, that must have been the helpsheets. No. I looked to my right (I was at the first column). This girl sitting just next to me was flipping through her exam booklet. And there were no instructions to check our papers or to open the exam booklet. Then the one in front of her was also doing the same thing. The one behind her as well. I stared in disbelief. And this guy a few seats away was flipping the pages too. And yes, they are the PRCs. The Powerful Rapid Cheaters.

Recommended by Anonymous Coward: "Story of how China PRCs blatantly cheat in exams by browsing through the question booklets without instructions given, and how they got away with it."

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Submitted by Anonymous Coward on May 08//9:51pm and published by tinkertailor, Agagooga :: 55 comments | 4786 reads | trackback (1)

April 10, 2008

Follow the Money

NYtimes said:

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Submitted by Anonymous Coward on April 10//6:15am :: 1 comment | 1673 reads | trackback