Welcome, Guest
You have to register before you can post on our site.

Username
  

Password
  





Search Forums

(Advanced Search)

Forum Statistics
» Members: 4,917
» Latest member: shadowybs
» Forum threads: 10,219
» Forum posts: 162,540

Full Statistics

Online Users
There are currently 692 online users.
» 2 Member(s) | 688 Guest(s)
Applebot, Google, dzwm87, Mushy

Latest Threads
Guan Yin Citta & Master L...
Forum: Others
Last Post: Curiousparty
Yesterday, 11:30 PM
» Replies: 2,602
» Views: 2,666,268
Hongkong Land Holdings
Forum: H - H
Last Post: mscheng13
Yesterday, 10:11 PM
» Replies: 73
» Views: 151,538
Capitaland Investment Man...
Forum: C - C
Last Post: weijian
Yesterday, 08:46 PM
» Replies: 226
» Views: 403,641
Seatrium Limited (formerl...
Forum: S - S
Last Post: weijian
Yesterday, 04:33 PM
» Replies: 348
» Views: 593,675
SGX Academy course: 36 Re...
Forum: Introductions and General Chat
Last Post: weijian
Yesterday, 08:52 AM
» Replies: 10
» Views: 22,495
Great Eastern Holding
Forum: G - G
Last Post: dreamybear
26-06-2024, 10:42 PM
» Replies: 157
» Views: 228,085
ValueMax Group
Forum: V - V
Last Post: weijian
26-06-2024, 05:10 PM
» Replies: 73
» Views: 162,320
Sheng Siong Group
Forum: S - S
Last Post: Choon
25-06-2024, 11:00 PM
» Replies: 603
» Views: 992,620
Tredegar – be patient
Forum: T - T
Last Post: i4value
25-06-2024, 03:19 PM
» Replies: 1
» Views: 1,514
Valuetronics Holdings
Forum: V - V
Last Post: weijian
25-06-2024, 10:31 AM
» Replies: 433
» Views: 635,034

  #ReturnOurCPF(Medishield Life)- Leong Sze Hian
Posted by: Behappyalways - 13-07-2014, 01:54 PM - Forum: Others - Replies (5)

#ReturnOurCPF(Medishield Life)- Leong Sze Hian
http://www.youtube.com/watch?v=9pF7_gh3zWM#t=45

Print this item

  Car Sharing Services
Posted by: viruskbs - 10-07-2014, 11:00 PM - Forum: Others - No Replies

Does any of u guys have experience with car sharing services.

I am planning to to enroll with Carclub as the pickup location is very near to my residence.

any pros & cons of using these services.

Just need some guidance

Everything appreciated

Print this item

  Brazil's loss to Germany
Posted by: BlueKelah - 09-07-2014, 04:03 PM - Forum: Others - Replies (3)

Brazil's loss to Germany is the most devastating loss in World Cup history.

Brazil lost to Germany in the World Cup semifinal match by six goals. SIX. That wasn’t even the worst part.

In the heat and under the watchful eyes of the Brazil faithful in Belo Horizonte, Germany put on a clinic as they routed Brazil on their way to the finals. It was as though the semifinal match were just a tune-up game. Müller. Klose. Kroos. Kroos, again. Khedira. The floodgates opened early on in the first half and the goals just kept coming. Germany was the first team to score so many in a competitive match against Brazil in 74 years.

Read More here

Print this item

  What modification is VB using for..
Posted by: BrendonA - 07-07-2014, 06:02 PM - Forum: Others - Replies (1)

Hi,

Does anyone know what modification is this forum using to generate the reports (corp. Action, Fin. reports etc.)?

Thanks!

Print this item

Video 1MDB IPO
Posted by: Art or Science - 05-07-2014, 10:09 AM - Forum: Others - Replies (45)

Malaysia's 1MDB to raise US$3b in IPO
A
A+
04 Jul 2014 13:01
KUALA LUMPUR: Sovereign wealth fund 1Malaysia Development Bhd has said it plans to raise more than $3 billion by listing its energy assets, in what would be the country's second biggest initial public offering (IPO).

The state-backed investor said Thursday it had "commenced activities" to list on Bursa Malaysia in the fourth quarter of the year.

The proceeds from the offering will go towards funding future growth and parts of the company's outstanding debt, 1MDB said.

But analysts have cast doubt on the long-term prospects of the stock, pointing to uncertainty over its ability to service its high debt, which stood at $37 billion ($11.6 billion) by the end of March 2013.

However, 1MDB says its debts are backed by operational assets "with healthy cash flows and strong growth potential".

Ooi Chin Hock, a dealer with Malaysia's M&A Securities, on Friday told AFP: "This IPO is of national interest so definitely the government will want to make it a success."

The fund owns 16 power and desalination plants in Malaysia, Egypt, Sri Lanka, Bangladesh, Pakistan and the United Arab Emirates.

Germany's Deutsche Bank and Malaysia's Maybank have been appointed as 1MDB's joint global coordinators for the IPO, while Goldman Sachs is the advisor, the company said.

Malaysia, Southeast Asia's third-largest economy, has seen a flurry of big listings in the past two years.

Palm oil giant Felda Global Ventures raised a record $3.25 billion in 2012, helping the country's stock market the world's fifth-largest for IPOs that year.

Another palm oil giant, IOI Corp, raised $570 million by spinning off its property business and listing it in January.
- AFP/nd

Print this item

  Should a promising chef stay in the kitchen or go to uni?
Posted by: opmi - 04-07-2014, 03:17 PM - Forum: Others - Replies (5)

Civil service better walk their talk.

Should a promising chef stay in the kitchen or go to uni?

The answer depends on how employers recruit and reward people. Paper credentials will always matter, if employers favour them over "deep skills".
By Sandra Davie, The Straits Times, 3 Jul 2014


TWO years ago, I met a young graduate who had obtained an English language and literature degree through a private school here. Although she had graduated with honours and spoke good English, she couldn't even secure an interview when she applied to do a post-graduate teaching diploma at the National Institute of Education.

Her degree wasn't good enough for the Ministry of Education. She was advised to try for a position as an "allied educator".

We were in touch again recently. She had been accepted into several master's programmes in education overseas, including the prestigious Columbia University in the United States.

She wrote to me: "Despite what the leaders tell us about second, third chances and valuing skills not exam results, the employers, including the Government, still look at your results, including your O- and A-level results, even though you may have a good honours degree from a good university.

"The least they could have done was grant me an interview. At least I could have shown them that I have the right aptitude and skills."

Another young woman told me her story. She had a polytechnic diploma in early childhood education. She proved to be a good teacher and received yearly pay rises and even won best teacher awards. But after just four years, she was told she could not expect further increments as she does not have a degree.

Why do I raise these examples?

Because the job experiences of these young people point to underlying problems in the way Singapore employers, including the Government, recruit, recognise and reward workers.

In school, students brim with hope, and pick up skills and knowledge. In the workplace, or on its threshold, their hopes are dashed by employers who look for paper credentials, not skills.

The cost is not just borne by these young people in opportunities lost. It is borne by an entire economy and society, in potential never recognised and nurtured.

Don't take it just from me.

Hear it from an expert who knows Singapore well.

Mr Andreas Schleicher is education adviser to the Organisation for Economic Cooperation and Development (OECD). He has followed Singapore's good performance in the Programme for International Student Assessment, a global benchmarking test for 15-year-olds that Singapore routinely aces, and which he is in charge of. He also heads an adult skills test called the Programme for the International Assessment of Adult Competencies (PIAAC) run by the OECD.

PIAAC analyses the level and distribution of skills among adult populations, and looks at whether employers use the skills of workers well or if there is a mismatch.

Singapore is participating in the second round of PIAAC. Some 5,000 adults here from 16 to 65 years old will be assessed on literacy, mathematics and problem- solving skills. The results will be out in 2016.

The first round last year tested workers in 23 countries with the results released in October. Japan ranked first in skills level - in all three fields. Finland was second in average scores across the categories. American workers scored below average.

Mr Schleicher brought up the example of the US and Japan to illustrate why it was important that employers make optimal use of workers' skills.

The US had a low skills base, yet a vibrant economy. Why was this so?

PIAAC researchers looked at the evidence and surmised that the American economy was exceptionally good at extracting value from its workers, including talented foreigners who head to the US for further education and jobs.

"It is because the employers there recognise their skills, know how to use them and are willing to pay them a premium for their skills," explained Mr Schleicher.

He added: "The reverse is true for Japan, where rigid labour market arrangements prevent many skilled individuals, notably women, from going into jobs where their skills can be well used."

Based on anecdotal evidence he gathered, he agrees with graduates here who complain that employers focus too much on grades and academic credentials, using them as a proxy for skills.

In Singapore, it is common for government agencies and even private-sector employers to have different (and higher) pay scales for graduates, and to vary pay according to applicants' degree class.

But employers need to change their mindsets. Except for professional jobs requiring specific qualifications (like doctors, lawyers or architects), many other jobs these days can be performed as well by graduates and non-graduates. Think of jobs in sales and marketing, tourism and event management: Surely skills, drive and aptitude are more vital to success than whether an applicant scored a string of As in term papers.

Employers should re-examine the practice of paying non-graduates less, if they are performing the same job as graduates. Instead, they should pay and promote based on job scope and performance.

Singapore needs to re-orientate itself from a society that values paper credentials to one that respects skills and expertise in workers, and pays and promotes people with such skills accordingly.

The issue is on the mind of Education Minister Heng Swee Keat too. Even as Singapore ramps up tertiary education places, he has stressed that young people need to be persuaded to see the value of developing "deep skills" in a particular area of work instead of being qualifications-focused.

Some employers agree. If a polytechnic graduate in culinary science has the makings of a top chef, is he better off gaining further experience as a chef or heading immediately to a university to study hotel management or business, asked one.

But students and parents are practical. It is only when more employers, including the Government's own agencies, start to think likewise, that young people will invest more in acquiring relevant skills, and not place too much emphasis on credentials.

Print this item

  Six women charged over K Box brawl
Posted by: Lancelot - 28-06-2014, 05:30 PM - Forum: Others - No Replies

http://news.xin.msn.com/en/singapore/six...-box-brawl

SINGAPORE: Six women aged between 18 and 30 years old were on Friday (June 27) charged with causing hurt to another person, while five of them were charged with rioting at a karaoke lounge at Orchard Cineleisure.

According to court documents, the five women – Chinese nationals Wu Huamin, 18 and Qiu Zhulin, 28; Singapore permanent residents Liu Jiabao, 30 and Wang Xi, 23; and Singaporean Ding Jiao, 28 – were allegedly part of an unlawful assembly with a common object to cause hurt to 19-year-old Ms Zheng Lu at the K Box karaoke lounge on May 3.

Wang faces a second charge of kicking and punching Ms Zheng with another Chinese national, Wu Huachun,19, on May 2.

The six women will return to court on July 21 for a pre-trial conference.

- TODAY

Print this item

  Ngerng vs Lu – and MOH’s “values and standards”
Posted by: Behappyalways - 28-06-2014, 01:14 PM - Forum: Others - No Replies

Ngerng vs Lu – and MOH’s “values and standards”
http://www.theonlinecitizen.com/2014/06/...standards/

Print this item

  NTU PRC scholar: 50% of my schoolmates break bonds & return to china for good!
Posted by: Lancelot - 24-06-2014, 05:21 PM - Forum: Others - Replies (22)

NTU PRC scholar: 50% of my schoolmates break bonds & return to china for good!

http://forums.asiaone.com/showthread.php?t=70818#1

Is the figure overstated ?

Print this item

  Euro 6
Posted by: orangetea - 23-06-2014, 07:57 AM - Forum: Others - Replies (5)

Our relatively young car population, i think this is extremely excessive to go Euro6

Who are we tryjng to impress? The europeans?

The higher COE prices and vehicle prices are definitely stalling the commercial vehicle side to even switch to Euro 5

Euro 5 presents more maintenance costs to vehicle parts as it gets more complex and commercial vehicle owners would try to steer clear as long as they can.

The sweetener to go Euro compliant was also not taken up.

Seriously, this is a money making scheme to squeeze the business owners and pass on costs to consumers.
Consumers suffer at the end of day.

Our small vehicle population will not make that difference, moreover the so call more efficient smaller vehicles with higher power outputs are stamped by Lta such that leas efficient vehicles are put onto our market.

The bottomline: Who benefits and who are we trying to impress?

Food for thought.
----

S'pore targets highest vehicle emission mark
Switch to Euro 6 in 2017 part of effort to reduce hazardous fine particulate matter in the air

Christopher Tan Senior Transport Correspondent
SINGAPORE will adopt the Euro 6 emission standard for petrol and diesel vehicles as early as 2017, making it possibly the first country in the region to embrace the most stringent regulation to reduce harmful exhaust emissions.

Currently, the standard for petrol and diesel vehicles in Singapore is Euro 4 and 5, respectively.

The emission standards are set by the European Union, and impose strict rules on tailpipe gases of new vehicles sold in EU member states. It has also been progressively implemented in Singapore and other countries.

Singapore's move towards Euro 6 is yet another effort to reduce fine particulate matter in the air - a serious health hazard.

The Ministry of the Environment and Water Resources, responding to queries from The Straits Times, explained that the aim was "to address the concern that recently popular compression injection diesel engines and gasoline direct injection engines actually increase the emissions of ultra-fine particulates".

These ultra-fine particulates make up the bulk of particulate emissions and are very small and light.

Apart from tightening up on particulate emissions, the Euro 6 emission standards will also reduce emissions of nitrogen oxides - another harmful air pollutant - said the ministry.

Although the ministry said that it has not arrived at an implementation date, motor industry players said they have been informed of a rollout in the second half of 2017.

While European brands are confident that they will be able to meet such a deadline - all new European cars registered from January will have to be Euro 6-compliant to meet EU requirements - it may be a challenge for the Japanese, as there is currently no equivalent standard in Japan.

A Toyota Motor Asia-Pacific spokesman said: "We are reviewing our product strategy while working closely with the Japan Automobile Manufacturers Association, who we understand has provided input to the National Environment Agency."

Mr Vincent Ng, product manager at Honda agent Kah Motor, said: "Honda has indicated that a three-year notice would be a comfortable timeline."

That means it needs formal written notice about now.

A BMW Asia spokesman added: "Currently, about 95 per cent of our portfolio is Euro 6-compliant. Only some models require updates... but all are scheduled to be compliant by end-2015."

Mr Neo Nam Heng, president of the Automobile Importer and Exporter Association, said that it has been told of the 2017 implementation.

But he stressed that all major players must be able to meet that deadline, "otherwise we will have another big headache".

He was referring to the 2006 rollout of Euro 4 for diesel vehicles. The Japanese were not ready then, and that led to a crash in the certificate of entitlement (COE) prices. With that, thousands of commercial vehicle owners extended the lifespan of their ageing fleet - many of which are still on the road today.

The ministry said that it is mindful of the lessons learnt in the 2006 experience, which will be taken into account for all upcoming measures.

While the motor trade has been told of a 2017 target, it seems oil companies - whose products such as petrol and diesel also have to burn more cleanly under the new standards - have a longer time to comply. Currently, such products here need meet only Euro 4 standards.

The Straits Times understands that oil companies have up to January 2018 to meet the Euro 5 standard for diesel. For petrol, they have up to December 2018.

"So far, there's been no word on Euro 6," an industry source said.

Asian Clean Fuels Association executive director Clarence Woo said it is crucial to reduce particulate matter, "some of which are so fine they can enter your body through your skin".

He added that other pollutants such as nitrogen oxides should also be reduced drastically, as these can "lead to secondary formation of particulate matter".

christan@sph.com.sg

Print this item