Friday, December 29, 2017

SG: Lost more than US$ 422 million


Finally read this at Bloomberg. This thing must have been sanctioned at least at the highest level in Keppel i.e, its board and likely beyond to Temasek Holdings isn't it? In most places it would have stopped at the board because you can't go higher but here in SG for the stakes involved, the risk to Singapore's reputation and being mostly owned by Temasek, I wouldn't be surprised Temasek's management also knew and decided to risk it.

Observing where this seems to be stopping, it is not going to go high enough. The lawyer who confessed and cooperated becomes the scapegoat and correctly decided to threw his lot with the prosecutors.

More important if the US did not have a law for going after such malfeasance Singapore Inc., would not also have been caught. Shame on us.

Sometimes I wonder if this country has not already began to rot at its core because it is beginning to at the head. The legal side of things may be complete and costing S422 million but the moral debt which is necessary to prevent this from repeating has not begun and may never. So the lesson seems to me is to come up with better ways not to get caught the next time.

What is Singapore's core value and god: MONEY.

The quality of leadership in Singapore continue to worsen.

See also: More credible responses needed from S’pore firms accused of bribery abroad


Out Hi-Low Milk: Sugar


That is Meiji milk, an increasingly popular brand among our consumers. I was comparing their regular type with its hi-lo cousin. I think it is wiser to give up the more popular hi-lo one for the original because of the 7g/100ml sugar. Lots of food manufacturers hide fructose in their products. We are all unaware that  there is too much sugar getting into our systems.

I think at the end of the day the simplest and most practical approach to food is not to over eat. If you cannot get the balance right choose to be hungry more often than full most of the time.

Wednesday, December 27, 2017

Another year with no Christmas Tree


We didn't put up our Christmas Tree last year. Nobody was in a mood too after Trump got elected US president. That mood has lasted a whole year and there is no tree this year too. This morning I came across Philip Yancey's article and decided to make this post.

He went on to describe what the environment was like when Jesus was born.

Yet it occurs to me that a spirit of fear and division hung over first-century Palestine as well.  In those days Israel was ruled by an oppressive regime, typified by Herod’s massacre of the innocents.  Common practices in the Roman empire gave moral offense to people of faith: mothers abandoned a fourth of all babies to die of exposure or wild animals,....

Well we never despair we just persevere until things get better. Being in SG, there is not much we can do except resist and wear out the opposition because taken over long enough time, history is not on their side.




Tuesday, December 26, 2017

"Mei Qiu" Durians


Bought "Mei Qiu" ($12/kg) for dinner but it was too much and we kept one box for lunch the next day. After testing several types, I think we like D24 and this. The above cost us $44. Last season when the prices were sky high we bought nothing. What for? It doesn't take long for regular prices to return.

Malaysian Millennials financially defeated


Change the names and amounts but keep the items except for the bit about giving money to parents and replace that with health insurance, you would have thought it was American than Malaysian. These Malaysian millennials are financially structurally defeated. How long are they going to keep trying before they give up? They will lose hope and vote for the opposition. But the issues go well beyond endemic corruption in their society. America has successfully if inadvertently exported its economic logic there as well. In fact the pressure in business to act similarly with the Americans is all over the world. Wages aren't going up for most, lucky for you if it is not cut. Singapore feel the pressure as well but we are coping better but for how long I wonder.

See also: Generation Screwed

Saturday, December 23, 2017

Rice sold in Hangzhou


That is how they sell rice at WuMart in Hangzhou. This is pure nostalgia as it reminds me as a kid how I went to the provision shop with my mom to buy rice. I took the rice for sand at the beach park and often dug my hand into it and feel it run between my fingers. It was a nice and cool feeling. Now we buy them at Fairprice in plastic bags of 5kg each time

Avoid Hangzhou Relax Hotel



Daughter messaged us yesterday complaining that the non-smoking room they were assigned smelled bad. I asked her to look for the non-smoking sign and it turned out to be movable. So you want a non-smoking room? Just take this with you and immediately a smoking room is turned into a non-smoking one.

Well we don't decide on the hotel. This is decided by NUSRI in Suzhou.