February 10, 2010
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"
July 24, 2009
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"
May 21, 2009
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."
May 16, 2009
"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."
February 10, 2009
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"."
November 18, 2008
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."
July 18, 2007
Ria Tan said:
This lone older guy was already on the shore for some time. We approached him and he had a bag full of stuff in one hand, and in the other, a large Bailer snail shell! Melo melo is listed among the threatened animals of Singapore. We have never seen a living Bailer snail besides at Beting Bronok. He allowed us to take a photo of it. We asked and he said he was going to eat it. We explained it was rare and asked him to leave it behind, but he just walked away. He wouldn't show us what else he had in his bag.
Recommended by hai_ren: "Too few people are aware of the rich diversity of life that still survive on Singapore's seashores. Many of those who do choose to exploit it, finding more pleasure in seeing our natural heritage in the cooking pot rather than out in the wild. How much more damage must be done before we care enough to protect our last remaining natural coasts?"
February 27, 2007
December 21, 2006
So, the verdict is finally out. The 17 year-old guy had really been charged just for a simple act of wifi mooching. Simple as that. So what really happened is that, the guy was bored, went out to mooch, noticed by a kay-poh neighbour who then called the police even when the wifi-network didn’t belong to him/her?
Recommended by Anonymous Coward: "Does this set the context of wifi-mooching? But I bet that there are probably quite a few out there who are still mooching on unsecured networks, away from the peering eyes of the neighbour. There is no mention of content, but theft is theft, isn't it? It doesn't matter what the thief stole."
November 27, 2006
If I were as highly acclaimed as Steven Levitt, I’ll ask for the statistics of the number of teachers who have left the profession and check if the increased monetary incentives over the years have slowed down the attrition rates among teachers. If increasing monetary incentives to the teachers cannot slow down attrition rates, perhaps money is not the reason why teachers leave.
Recommended by at82: "Singapore's version of Malaysiakini?"
November 11, 2006
Oh no! Disaster! But does that mean I can start lodging complains others who use my network? With the advent of SG@Wireless, will people still piggyback on open networks? Hmmm…
Recommended by angelajean: "This is because piggybacking has been so common since the start of wifi-networking that everyone thinks that it is ok to piggyback - even from the bus stop while waiting for the bus! Now that prosecution has started, what constitutes "trespassing"? What kind of proof is needed then?"
September 05, 2006
The teacher can be totally destroyed. I am not talking about his career or performance bonus. His belief system would be shaken. He would go through an overhaul of his belief system which he has been brought up in. In his mind, teachers could be almighty in the class. Now, he has to take it that teachers are in vulnerable positions.
Recommended by cowboycaleb: "
In today's The New Paper, a teacher came into spotlight for writing the word "idiot" against a student's wrong answer. Of course as a parent, the child's mother kicked a fuss. She has the right. She complained to the principal. The principal has counselled the teacher. The teacher has apologised to the child and wanted to apologise to the parent. A session was arranged to let both parties meet up. However, the mother was too busy to turn up. The case has been referred to MOE by the mother. Obviously, the mother has raised the issue to the press too.
What would be the outcome/s?"
April 20, 2006
kormmandos found these to be too similar...
May 19, 2005
Ondine, together with a few teachers in her school, set up bogus exam questions papers and left them in the school to test the integrity of students as well as teachers.
The bogus questions that came after a huge CONFIDENTIAL label were as follows.
1. Discuss the view that contraceptives should be used on every conceivable occasion.
2. There are only two kids of pedestrians- the quick and the dead. Do you agree?
3. "I am on a sea food diet. I see food and I eat it" Is this good advice?
May 11, 2005
Moulder of young minds, 妖怪 yao guai got a compliment from her students and did not know how to deal with the pressures of being cool.
After class, a student comes up to me, "There's something I want to tell you."
I blinked, "Uh, okay." I hoped it wouldn't be anything bad.
"I think you're damn cool teacher!" She says. Her friend next to her agreed and nudged her to say more. Helpful friend, that.