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Podcasts didn't decide GE2025Podcasts didn't decide GE2025 I refer to the CNA’s Commentary: Podcasts didn't decide GE2025, but they changed how Singaporeans engage with politics (May 9). The 2025 General Election has several features/characteristics that deserve our attention, discussion and reflection: In today era, technological revolution, innovation and advancement...

GE2025: Stunning victory for PAPGE2025: Stunning victory for PAP I refer to the CNA’s report, “GE2025: Stunning victory for PAP, winning 87 of 97 seats with higher national vote share in PM Wong's first electoral test” (May 4). GE2025 has clearly delivered the following key messages/notes from the vast majority of voters: The Workers’ Party (WP) has done a fantastic good...

This is not a game of cardsThis is not a game of cards I can appreciate parties wanting to hold their cards close to their chest, but the smoke and mirrors games on nominations day, the shuffling of the DPM from a seat he had openly been declared to be defending, and other ministers shuffling constituencies leaves one feeling the PAP thinks it is playing a game of cards. Constituency...

Is a Parliament full of PAP MPs really better for Singaporeans?Is a Parliament full of PAP MPs really better for Singaporeans? I refer to The Online Citizen GE2025 news report, “Lee Hsien Yang: Is a Parliament full of PAP MPs really better for Singaporeans?” - (April 14), and “The Straits Times’ report, “GE2025: Singaporeans will go to the polls on May 3, Nomination Day on April 23” (April 15), and The Online Citizen GE2025 report,...

𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐧𝐞𝐞𝐝 𝐟𝐨𝐫 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝... Is the PAP of today exceptional, with unmatched competence and delivery? Afterall, that is their justification for the highest salaries in the world. Let’s look at its more recent track record. Large numbers of NRIC numbers were recently unmasked, leaving Singaporeans exposed to identity theft, fraud, abuse and scams....

GE2025: Red Dot United to contest in Holland-Bukit TimahGE2025: Red Dot United to contest in Holland-Bukit Timah I refer to the CNA news, “GE2025: Red Dot United to contest in Holland-Bukit Timah GRC but may make way for Singapore Democratic Party” (April 10), “More opposition 'star catches' are emerging. Is Singapore's political scene maturing?” (April 10) and “PSP says government response to Trump tariffs 'overblown',...

GE2025: Why Singapore's high-flying bureaucrats are recruited into politicsGE2025: Why Singapore's high-flying bureaucrats are recruited... I refer to CNA’s news, “GE2025: Why Singapore's high-flying bureaucrats are recruited into politics” (Mar 28). It is not surprised to notice that in recent weeks, two NMPs and top ministry officials have resigned, fuelling speculation they could be fielded as potential candidates for the ruling People's Action...

More than 2.75 million Singaporeans eligible to vote in GE2025More than 2.75 million Singaporeans eligible to vote in GE2025 I refer to The CNA’s News, “GE2025: More than 2.75 million Singaporeans eligible to vote” (Mar 25). As Singapore’s General Election is due to be held within this year, the following factors will more or less influence the election situation this year: A)The general mentality of voters Voters are generally...

How the end of Ukraine war could be secured, even with waning US supportHow the end of Ukraine war could be secured, even with waning... I refer to the CNA’s commentaries, “How the end of Ukraine war could be secured, even with waning US support” (Mar 4), “Lessons from the Trump-Zelenskyy meltdown- for friends and foes” (Mar 1) and “Will Trump tariffs push China to change economic tack?” (Mar 3). Foremost, we need to recognise the reality...

Singapore Army Recruits Deserve a Minimum WageSingapore Army Recruits Deserve a Minimum Wage Singapore Army Recruits Deserve a Minimum Wage: National Service Should Not Come at the Expense of Opportunity Costs Singapore’s National Service (NS) has long been a cornerstone of the nation’s defense, requiring young men to dedicate two years of their lives to military, civil defense, or police service. While...

Trump-Putin deal on Ukraine will be Europe’s moment of reckoningTrump-Putin deal on Ukraine will be Europe’s moment of... I refer to the CNA’s Commentaries, “Trump-Putin deal on Ukraine will be Europe’s moment of reckoning” (Feb 20) and “Ukraine can survive with the ‘least worst’ peace” (Feb 22). Now, In the eyes of European Union, they have lost trust and confidence in the United States, it is solely due to the flip flop...

From Deepseek to Huawei, US tech restrictions on China are backfiringFrom Deepseek to Huawei, US tech restrictions on China are... I refer to the CNA’s Commentary, “From Deepseek to Huawei, US tech restrictions on China are backfiring” (Jan 31). Would it be practical, useful and effective for the United States to continually pursue an aggressive containment strategy to hobble China’s tech push? Undoubtedly, the answer is obviously not. There...

Don't get distracted by Trump's outlandish Cabinet picksDon't get distracted by Trump's outlandish Cabinet picks I refer to the CNA’s Commentary: “Don't get distracted by Trump's outlandish Cabinet picks” (Nov 25), and “'No one will win a trade war’, China says after Trump tariff threat” (Nov 26). As everyone knows, U.S. President-elect Donald Trump will return to power on January 20, 2025. Trump has dismissed...

Putin escalates Ukraine warPutin escalates Ukraine war I refer to The CNA’s Commentary: “Putin escalates Ukraine war by a step, not a leap, with missile experiment” (Nov 23). Foremost, Zelenskyi’s intention to join Nato has greatly threatened the security and survival of Russia. Hence, Zelenskyy has offended Putin and Putin has no choice but to launch a war with...

Will PM Wong address the astronomical ministerial salaries?Will PM Wong address the astronomical ministerial salaries? I refer to The TR-Emeritus opinion article, “Will PM Wong address the astronomical ministerial salaries” (June 14) by Mr Yoong Siew Wah. It has always been a controversial topic which concerns about our top political leaders who receive their salaries that are many times higher than those foreign political leaders. Our...

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Editorials
Strong hailstorm strikes China's Xi'an causing airport...

Strong hailstorm strikes China's Xi'an causing airport...

On the evening of May 8, Xi’an, the capital city of China’s Shaanxi Province, was struck by a powerful...
Four parties lost their election deposits in GE2025

Four parties lost their election deposits in GE2025

A total of four opposition parties, the Singapore United Party (SUP), People's Power Party (PPP), People’s...
Level 16 super typhoon devastates multiple cities in...

Level 16 super typhoon devastates multiple cities in...

Northern China was hit by an extreme weather event on Thursday as a massive cold front swept south, colliding...
Level 15 winds destroy buildings rooftops and cause...

Level 15 winds destroy buildings rooftops and cause...

On April 30, northern China was struck by an extreme weather event as a massive cold vortex surged southward,...
TR Emeritus to 'shut-up' on 2nd May 2025

TR Emeritus to 'shut-up' on 2nd May 2025

Please be informed that TR Emeritus (TRE) will shut down its comment function site-wide at 0000 hours...
Chaos in China as extreme storm destroys homes and...

Chaos in China as extreme storm destroys homes and...

Beijing’s 22 million residents were asked to stay indoors on Saturday, as powerful winds swept across...
China, Thailand, and Myanmar in ruins after devastating...

China, Thailand, and Myanmar in ruins after devastating...

On March 28, 2025, a devastating 7.7-magnitude earthquake struck central Myanmar near Mandalay, causing...
Myanmar 7.7 earthquake collapses buildings in Thailand,...

Myanmar 7.7 earthquake collapses buildings in Thailand,...

A powerful 7.7 magnitude earthquake struck central Myanmar on March 28, 2025, causing widespread panic...
Beijing shocked by earthquake and mega sandstorm

Beijing shocked by earthquake and mega sandstorm

Since March 24, 2025, northern China has been battling extreme weather as a massive sandstorm swept through...
Mega hail causes mass destruction in Fujian and Guangdong

Mega hail causes mass destruction in Fujian and Guangdong

An unexpected and severe hailstorm struck multiple cities in Guangdong and Fujian between March 3 and...
Extreme weather struck multiple regions in China

Extreme weather struck multiple regions in China

On March 2, 2025, extreme weather struck multiple regions in China, with parts of Henan province experiencing...
Happy Chinese New Year 2025

Happy Chinese New Year 2025

Wishing all our Chinese readers:     Team@TR Emeritus  
Huge snow caused numerous disruptions on China's major...

Huge snow caused numerous disruptions on China's major...

As the Chinese New Year approaches, millions of people across the country are making their annual journey...
The rapidly spreading HMPV virus you haven’t heard...

The rapidly spreading HMPV virus you haven’t heard...

Human Metapneumovirus (HMPV) is making headlines as cases surge, especially among children and vulnerable...
4.1 magnitude earthquake shakes Shanxi's Linfeng city

4.1 magnitude earthquake shakes Shanxi's Linfeng city

On the evening of January 10, 2025, Linfen City in Shanxi Province was struck by an earthquake. The tremor,...
7.8 magnitude earthquake devastates Tibet

7.8 magnitude earthquake devastates Tibet

A magnitude 7.1 earthquake has hit Tibet, in the region of Shigatse, which is near the border with Nepal. According...
Outbreak of mystery virus in China

Outbreak of mystery virus in China

China is r eportedly facing a new health crisis as the human metapneumovirus (HMPV) outbreak rapidly...
Unknown Virus Rampages in China; Hospitals Utterly...

Unknown Virus Rampages in China; Hospitals Utterly...

A blogger in China has shared a video, claiming that this isn’t China’s Spring Festival travel rush;...
Opinions
The three of threes about DPM Heng Swee Kiat

The three of threes about DPM Heng Swee Kiat

The first part of the threes is about the when, the how and the why? And it is about his retirement...
我们是否该重新思考国防开支的优先顺序?

我们是否该重新思考国防开支的优先顺序?

新加坡政府近日宣布将采购两艘额外的“无畏级”潜艇,引发了一个重要问题:我们的国防力量,到底需要多强? 毫无疑问,一个强大且可信的军队对于保障国家主权与威慑潜在威胁是不可或缺的。新加坡地处战略要冲,国土面积有限,因此需要一支现代化的武装部队。然而,当我们对比邻国——马来西亚拥有两艘潜艇、印尼正逐步扩展至十二艘——新加坡在水下战力上已处于领先地位。这不禁让人质疑,我们是否正引领着一场无声的区域军备竞赛? 问题在于:当威慑的需求被满足后,继续扩军是否已经超出必要? 一艘“无畏级”潜艇的估价超过十亿新元,还不包括长期的运营与维护成本。这两艘新潜艇的资金,若能转用于迫切的民生需求,例如医疗保健、老龄化支援、教育及弱势群体扶助,或许对社会的整体韧性更具意义。 政府一再强调国防开支是经过审慎规划的,但当生活成本日益上升,政府却仍需将消费税(Gst)提高至9%甚至更多,这种矛盾不禁令人困惑。如果某些战略性国防项目能够延后或循序推进,节省下来的资源是否可以用于社会发展呢? “全面防卫”不仅仅是硬件实力,更是要赢得人民的心与信任。让人民感到安心、有保障、受到重视,这种安全感无法靠潜艇来衡量,而是通过每一位国人的生活实感体现出来。 这并非是在呼吁削弱我们的国防,而是呼吁我们重新思考国家的优先事项。当我们继续推进军事现代化的同时,也不要忽视同样重要的任务——巩固社会契约、增强国民凝聚力。   Cwc-Ai  
Cutting down reliance on US military equipment

Cutting down reliance on US military equipment

There is a rampant rumor going around that claims Egypt has ordered 48 J10C with a price tag of USD$25B...
2025大选—明确授权,变化中的政治格局

2025大选—明确授权,变化中的政治格局

2025年大选结果无可争议,政府再次赢得了强有力的授权,稳固了其在新加坡政治格局中的主导地位。尽管选举结果并不令人意外,但胜利的过程却并非没有争议和复杂性。 值得注意的是,选区划分的变化在本次选战中发挥了重要作用。陈清木医生与徐顺全医生等资深反对派人物,因选区重划而受到显著影响——传统支持基础被分割或并入他区,无疑左右了某些关键选区的最终结果。虽然选区调整在新加坡选举历史上并不罕见,但其公平性与透明度仍持续引发讨论。 工人党虽稳守东北区的传统堡垒,但未能在本届大选中攻下新的选区。不过,该党仍获得两个非选区议员(Ncmp)席位,虽属安慰性质,却在象征意义上维持了国会内多元声音的存在。 更值得关注的是,本届大选所处的人口背景正经历剧烈变化。新加坡人口从2000年的约300万增长至2025年的超过500万。考虑到多年来出生率持续偏低,这一增长几乎可以肯定主要归因于移民流入,尤其可能在华人群体中增长显著。这一趋势对国家的社会结构和政治生态产生了深远影响。 展望2030年大选,各政党不仅要面对一如既往的选区调整与突发的全球事件,更需正视一个不断演变的社会结构。随着越来越多新移民成为国民,选民构成日益多元,政党在政策制定与信息传递上必须更具包容性与前瞻性。他们必须同时争取老一代公民与新加坡新公民的认同,回应共同关切,并跨越代际与文化差异的鸿沟。 在新加坡持续向前迈进的过程中,其政治也必须与时俱进——反映日益多元的人口现实,同时坚守国家的核心价值观:团结、韧性与务实。 Cwc-Ai
A jaw-dropping election

A jaw-dropping election

This is a jaw-dropping election. For the opposition. SDP’s Dr Chee and PSP’s Leong were deeply disappointed....
The Nation has rejected multi-party Parliamentary representation

The Nation has rejected multi-party Parliamentary representation

Our party suffered great losses and I personally have suffered the greatest hit. But these personal losses...
A False Analogy That Insults the Intelligence of Singaporeans

A False Analogy That Insults the Intelligence of Singaporeans

Minister Ong Ye Kung’s recent assertion that a “co-driver” bears no responsibility if a car crashes...
There is a cost to losing

There is a cost to losing

There is a cost to losing. At least in PAP’s books. And one of the costs is a policy of priority. That...
Hougang Belongs to the People

Hougang Belongs to the People

Thank You for the Reminder, Mr Marshall Lim. It is with no small measure of amusement that one reads...
Its all about trust

Its all about trust

Dr Ng Eng Hen from PAP has pointed out the most important key point about this General Elections, it...
Misunderstanding What Singaporeans Truly Expect from...

Misunderstanding What Singaporeans Truly Expect from...

The government's repeated assertion that it is "easy for the opposition to ask the government to give...
Punggol GRC

Punggol GRC

Punggol GRC is without question one of the most hotly watched, followed and contested constituency in...
Should Singapore Be Concerned About David Neo’s “Action-Takers,...

Should Singapore Be Concerned About David Neo’s “Action-Takers,...

Singaporeans should pause and reflect on the recent remark by PAP candidate David Neo, who said that...
Why Singaporeans Must Reconsider the Dismissal of SDP’s...

Why Singaporeans Must Reconsider the Dismissal of SDP’s...

The Singapore government’s blunt assertion that the Singapore Democratic Party (SDP)’s proposals...
Expect the exchange of barbs in politics

Expect the exchange of barbs in politics

In a political contest, expect the exchange of barbs. And we do not lack any of it in the rallies held...
Don't Be Swayed by the Noise—Think Critically Before...

Don't Be Swayed by the Noise—Think Critically Before...

In recent weeks, the political buzz in Singapore has reached a new high. Massive crowds at opposition...
We vote whoever is deserving of our vote

We vote whoever is deserving of our vote

I am surprised that Lee Hsien Loong chose to remind us of the 1997 shameful episode when he, his father...
The Case for a Diverse and Balanced Parliament

The Case for a Diverse and Balanced Parliament

The Singapore government has recently stated that "Good government needs good people" and cautioned against...
Letters
Podcasts didn't decide GE2025

Podcasts didn't decide GE2025

I refer to the CNA’s Commentary: Podcasts didn't decide GE2025, but they changed how Singaporeans engage...
GE2025: Stunning victory for PAP

GE2025: Stunning victory for PAP

I refer to the CNA’s report, “GE2025: Stunning victory for PAP, winning 87 of 97 seats with higher...
Is a Parliament full of PAP MPs really better for Singaporeans?

Is a Parliament full of PAP MPs really better for Singaporeans?

I refer to The Online Citizen GE2025 news report, “Lee Hsien Yang: Is a Parliament full of PAP MPs...
GE2025: Red Dot United to contest in Holland-Bukit...

GE2025: Red Dot United to contest in Holland-Bukit...

I refer to the CNA news, “GE2025: Red Dot United to contest in Holland-Bukit Timah GRC but may make...
GE2025: Why Singapore's high-flying bureaucrats are...

GE2025: Why Singapore's high-flying bureaucrats are...

I refer to CNA’s news, “GE2025: Why Singapore's high-flying bureaucrats are recruited into politics”...
More than 2.75 million Singaporeans eligible to vote...

More than 2.75 million Singaporeans eligible to vote...

I refer to The CNA’s News, “GE2025: More than 2.75 million Singaporeans eligible to vote” (Mar...
How the end of Ukraine war could be secured, even with...

How the end of Ukraine war could be secured, even with...

I refer to the CNA’s commentaries, “How the end of Ukraine war could be secured, even with waning...
Singapore Army Recruits Deserve a Minimum Wage

Singapore Army Recruits Deserve a Minimum Wage

Singapore Army Recruits Deserve a Minimum Wage: National Service Should Not Come at the Expense of Opportunity...
Snippets
Singapore’s Sports Industry: A Rising Powerhouse...

Singapore’s Sports Industry: A Rising Powerhouse...

Singapore’s sports industry is on the cusp of greatness, leveraging cutting-edge infrastructure and...
What are the most popular hobbies in Singapore in 2025?

What are the most popular hobbies in Singapore in 2025?

As work-life balance remains a constant talking point in the fast-paced city-state of Singapore, residents...
10 Most Popular Mobile Games in Singapore

10 Most Popular Mobile Games in Singapore

Singaporeans can't get enough of their phones these days, spending tons of time battling opponents, building...
Langkawi to Koh Lipe Ferry: Complete Travel Guide

Langkawi to Koh Lipe Ferry: Complete Travel Guide

Planning a tropical escape from Malaysia to Thailand? The journey from Langkawi to Koh Lipe offers a...
This is not a game of cards

This is not a game of cards

I can appreciate parties wanting to hold their cards close to their chest, but the smoke and mirrors...
𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝...

𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝...

Is the PAP of today exceptional, with unmatched competence and delivery? Afterall, that is their justification...
The sleep science revolution in elite sports

The sleep science revolution in elite sports

Professional sports have entered a new era where recovery science directly impacts performance outcomes....
Sports Betting in Online Casinos as a Way to Improve...

Sports Betting in Online Casinos as a Way to Improve...

In today's world, online sports betting has become not only a popular form of entertainment but also...
Sticky & Recent Articles

Khmer Rouge Trial to End in Cambodia for Regime’s Jailer Duch

Khmer Rouge Trial to End in Cambodia for Regime’s Jailer Duch

By Daniel Ten Kate from Bloomberg The trial of the Khmer Rouge’s top prison warden ends this week after six months of testimony about the regime’s mass killings and brutality that brought Cambodians face to face with the man who tortured them three decades ago. The court will probably wait until March next year to give its verdict against Kang Kek Ieu, also known as Duch, said Reach Sambath, a spokesman for the Extraordinary Chambers in the Courts of Cambodia, the United Nations-sponsored tribunal tasked with trying five senior Khmer Rouge leaders. Duch, 67, the first member of the administration to face trial, hears final arguments in the trial this week. The former math teacher who converted to Christianity in 1996 cooperated with the trial and apologized to victims. He faces four charges involving pre-meditated murder, torture, rape and enslavement at Tuol Sleng prison in the capital, Phnom Penh, where only about a dozen of at least 12,000 inmates survived. Duch’s trial shed light on a regime blamed for the deaths of at least 1.7 million people between 1975 and 1979, stunting economic growth in Cambodia where the average income is $1.40 a day. Tuol Sleng was the most notorious prison in a network that targeted the country’s educated elite as the movement attempted to create an agrarian society starting at Year Zero. “The court has provided a positive means for all of us to speak out and take back our own history,” said Youk Chhang, director of the Documentation Center of Cambodia, which has collected thousands of photographs and papers used as evidence in the trial. “Even though some people criticize the court, it’s a positive sign because people can speak without fear.” Duch’s Apology In Duch’s opening statement in March, he accepted responsibility for the prison deaths and apologized to survivors and victims’ families. Cooperating with the court was the “only remedy that can help me to relieve all of the sorrow of the crimes that I have committed,” he said. “I tried to survive on a daily basis,” Duch said of his time at the prison, saying he believed he would be killed if he didn’t perform his duties. “Yes, you can say I am a coward.” Fifty-five witnesses testified at the trial, including 22 victims who talked about how prison officials tortured them with electric shocks, suffocation and beatings. Guards smashed babies against tree trunks and forced prisoners to eat feces, according to testimony during the trial. “I could never forget the suffering that I received until the day that I die,” survivor Chum Mey, who had his toenails ripped out at the prison, told the court. “Once justice can be done, then I would feel better.” Former Soldier Prisoners at Tuol Sleng, known as S-21, were tortured by interrogators who accused them of being Russian or American spies. Many, like Phaok Khan, a former Khmer Rouge soldier accused of turning on the regime, were transferred outside the city for execution at one of more than 20,000 mass graves discovered across the country. “I tried to move, crawling on top of the corpses, and I was so weak and skinny and I could not even stand up or walk properly,” Phaok Khan told the court, recounting how he escaped from a grave outside Phnom Penh. “I could see the bloodstains all over my body and it smelled so bad.” The Khmer Rouge took power after a U.S. bombing campaign during the Vietnam War stirred discontent in the countryside against General Lon Nol’s coup-installed government. Led by Pol Pot, the regime evacuated Phnom Penh to put people to work on farms and closed all schools, universities and monasteries. Money, markets and private property were abolished. Former head of state Khieu Samphan, 78, ex-foreign minister Ieng Sary, 84, his wife Ieng Thirith, 77, and Nuon Chea, 83, who was second in command to Pol Pot, are also facing trial. Pol Pot and Ta Mok, the Khmer Rouge military chief, have died. Impediment to Growth Many Cambodians are too young to remember the Khmer Rouge, with a third of the country’s 14.2 million people under the age of 15. Human resources remain an impediment to growth after two decades of foreign aid, which finances a third of the budget. Cambodia’s gross domestic product, the second-smallest of 10 Southeast Asian nations, has doubled in each of the past two decades after staying about the same size from 1968 to 1988. The country plans to open a stock market next year, aiming to list companies such as Sokimex Group, the biggest petroleum company, and Acleda Bank Plc, its largest bank. - Bloomberg Republished from Bloomberg, 23 November 2009  Read More →

Lui Tuck Yew: HDB property tax raised next year to “avoid bigger increases later”

Lui Tuck Yew: HDB property tax raised next year to “avoid bigger increases later”

Written by Our Correspondent Acting Minister for Information, Communication and Arts Rear-Admiral Lui Tuck Yew said that the property tax of HDB flats is being raised next year partly to avoid having to introduce a bigger increase later should home prices continue to rise. He said: "The problem is, the longer you defer it, the larger the increase will be...if HDB prices continue to go up." The property tax rate is 10 per cent of a property's annual value which has increased with rising property prices. HDB resale prices have risen a hefty 31.2per cent in the past two years and hit a record high in June this year. The sky-rocketing prices are attributed partly to cash-rich PRs entering the resale market. According to real estate agency ERA, 40 per cent of the buyers of resale flats are PRs. An Indonesian PR forked out a record $653,000 for a 4-room HDB flat in Queenstown lately while he could well afford a similar-sized condominium in the suburbs. Mr Lui also repeated the official view that Singaporeans will stand to gain from the rising value of their HDB flats. "If they eventually need to sell...(it) releases more money for their old age," he said. However, Mr Lui did not elaborate further on where the homeowners will stay if they sell their flats in such an inflationary market. They will probably have to fork out more to buy another flat. More than 85 per cent of the population live in public housing built by the government agency HDB. However, these are 99-year old leasehold flats whose sale and resale are subjected to a variety of conditions such as a minimum 5 year occupation period. Government leaders and HDB officials have insisted that the rising prices of flats helps to “create wealth” for Singaporeans. This prevailing misconception has been debunked by a research done by two NUS professors NUS professors Abeysinghe and Gu Jiaying showed clearly that “higher property prices, instead of creating a wealth effect, exert a significant and negative “price effect” on consumption expenditures leading to a fall in the average propensity to consume.” (read article here) As house prices go up, the increase in the value of housing assets is accompanied by a concurrent rise in the financial liabilities of households, in the form of higher downpayments for purchase of residential properties and burgeoning housing loans.   Related articles: >> Debunking the myth that rising prices of HDB flats create wealth for Singaporeans >> Number of applicants exceed number of flats >> HDB to increase supply of flats >> Mah: don’t compare with prices in the past >> ERA: 40 per cent of HDB flat buyers are PRs  Read More →

Yaacob caught out wet by another “freak” event again

Yaacob caught out wet by another “freak” event again

OPINION If you are going to fork out money to spend one night with your spouse or lover in one of the most luxurious hotels in Singapore like the Raffles Hotel, Marina Mandarin or Pan Pacific, you would naturally expect out of the world service worth every single cent paid. Unfortunately, the air-conditioner in your room somehow leaked in the middle of the night when you were soundly asleep and you found your $1,000 Armani cloak soaked wet the next day. This is a "freak" event which happens once in fifty years. The hotel would probably have your cloak replaced for free and on top of that, give you another night's stay in its presidential suite. Such is the response expected from a world-class hotel. Similarly, if one has the fortune of staying in a country governed by the highest paid leaders in the entire world, especially on a small island well sheltered from the unpredictable forces of nature, one should expect living a carefree life with few hassles from Mother Nature. Of course "freak" events do happen at times as Bukit Timah residents discovered to their horror when their houses, cars and whatever became submerged by rainwater last Thursday. According to the state media, Thursday's intense rainfall which was about six times that of a normal storm resulted in massive amounts of water to drain into Bukit Timah 1st Diversion Canal, causing it to overflow. Minister for the Environment and Water Resources Yaacob Ibrahim described the flooding of parts of Bukit Timah on Thursday as a "freak" event that occurs once in 50 years. "What happened was very unusual. The intensity was tremendous. We knew the diversion canal was not big enough to take this," he added. (CNA, 20 Nov 2009) Did Mr Yacacob know the limitations of the canal only after the flood? If he had known earlier, why wasn't the canal expanded? Dr Yaacob did not explain why the canals were not widened earlier to prepare for this “freak” event”. He claimed that it is “not possible” to plan for every event. “I hope the public will have more patience with us because it will take us some time to enlarge those drains. But having said that, it is not possible for us to plan for every event,” he said. But surely it is not too much for Singaporeans to expect a multi-millionaire minister to plan ahead and prepare for such "freak" events beforehand? By Mr Yaacob's definition, a "freak" event occurs once in fifty years. Twenty five years had passed since the canals were first built which means there is a 50 per cent chance it will happen anytime between now and another quarter of a century later. Mr Yaacob was appointed the Minister of Environment and Water Resources in 2004. He had 5 years to do something about the canals. It is 5 years, not 5 months, weeks or days! How can such a "freak" event be allowed to happen? Unfortunately, the Bukit Timah flooding wasn't the first "freak" event encountered by Mr Yaacob during his tenure. In case Mr Yaacob forgot, he used the same excuse to exonerate himself and his ministry from any blame back in December 2006 when heavy rain caused excess water from the MacRitchie and Upper Seletar reservoirs to overflow and flood the surrounding areas. In an interview with Channel News Asia, Mr Yaacob said: "You can't design for rainfall of this level, it is just too huge. The thing we can accept is that we can only design our canal of a certain size, and at the end of the day, we have to live with some of these occurrences which occur once in 50 years or so. I know it is inconvenient to some Singaporeans, but on the part of PUB and NEA, we'll do our best to alleviate the problem as quickly as possible." If an unusually heavy downpour is a "freak" event, what about Typhoon Morakot which hits Taiwan a few months ago, the Sichuan earthquake last year and the Asian tsunami in 2004? Singaporeans are told again and again that their leaders are the best talents in the world who can easily earn more in the private sector and we should be thankful to them for willing to serve "lesser mortals" like us. It appears that even first world talents do get caught out wet in the cold sometimes by "freak" events like this. Fortunately, the "Thunder God" got the blame this time instead of Singaporeans as in the last "freak" event which occurred under Mr Yaacob's watch. In April this year, two Singaporeans died and hundreds fell ill from a mass food poisoning outbreak after eating from an Indian Rojak stall at the Geylang Serai temporary market. You would think that deaths from gastroenteritis only occur in third world countries, but to happen in squeaky clean Singapore is really a "freak" event beyond our wildest dream. The exact cause of the "freak" event was never discovered though the authorities did find a convenient scapegoat in the beleaguered Indian Rojak stallholder who was charged in court. The Management Committee of the market which was linked to a grassroots organizations was not taken to task. Neither was the National Environment Agency whose officials somehow forgot to send the latest food grading labels to the stallholders. As usual, Singaporeans were blamed for the "freak" event, this time for not practicing proper hygiene in public, never mind the fact that Indian Rojak is eaten using fork and spoon and not bare hands. One isolated incident of flooding in 50 years may be considered a "freak" event, but how about two cases in less than two years? Is Mr Yaacob becoming a minister a "freak" event too? Singaporeans must be praying hard that no more "freak" events will occur again under Mr Yaacob's watch for he is unable to do anything about it except to tell you that it is not possible for him to "plan" for every event because it is a "freak" event. Related articles: >> Once in 50 year event: Yaacob used the same excuse in 2006 >> Bukit Timah residents unhappy about freak storm >> Yaacob: Bukit Timah flooding is a freak event  Read More →

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