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Hey guys, now PM lee encourage us to be hawkers leh...what you guys think?

http://www.asiaone.com/News/AsiaOne%2BNews...717-359631.html Or maybe Singaporeans just not "dare" enough.... New Straits Times Tuesday, Jul 17, 2012 ALOR STAR - A 20-year-old contractor has won a RM1.4 million Federal Government infrastructure project through an open tender system. The mill-and-pave project for the Grik-Kupang road in Kulim was the biggest job among six contracts vied by 133 contractors in the state. Muhammad Muhaddis Ahmad Fatahi never expected to win the road job, which he described as a "windfall". "Never in my wildest dreams did I imagine that I could win a big job like this. As small contractors, we are grateful to the government for giving us the opportunity to contribute towards the country's construction industry. "With the new open tender system, small contractors stand a better chance to secure government projects," said Muhaddis, who is United Charisma Sdn Bhd director, after securing the contract yesterday. The balloting, witnessed by Works Minister Datuk Shaziman Abu Mansor, was held at Wisma Persekutuan. It was the first balloting held for Class D and E contractors. The contractors themselves drew the ballot papers. Shaziman said previously, projects for the two classes of contractors were given to government-appointed concessionaires. "We have decided to open it for balloting after hearing out the contractors' requests." Shaziman also said there were 204 maintenance jobs worth RM37 million available for small contractors in the peninsula. Shaziman said his ministry and the Malay contractors association would closely monitor the performance of contractors.

TH E MORAL In 1923, who was: 1. President of the largest steel company? 2. President of the largest gas company? 3. President of the New York stock Exchange? 4. Greatest wheat speculator? 5. President of the Bank of International Settlement? 6. ...and Great Bear of Wall Street? These men were considered some of the worlds most successful of their days. Now, 80 years later, the history book asks us, if we know what ultimately became of them. The Answers: 1. The president of the largest steel company, Charles Schwab, died a pauper. 2. The president of the largest gas company, Edward Hopson, went insane. 3. The president of the NYSE, Richard Whitney, was released from prisonto die at home. 4. The greatest wheat speculator, Arthur Cooger, died abroad, penniless. 5. The president of the Bank of International Settlement, Leon Fraser, shot himself. 6. The Great Bear of Wall Street, Cosabee Livermore, also committed suicide. However, in that same year, 1923, the PGA Champion and the winner of the most important golf tournament, the US Open, was Gene Sarazen. What became of him? He played golf until he was 92 and died in 1999 at the age of 95. He was financially secure at the time of his death. The Moral: Don't work. Play golf.

Sabbie, if you become a successful person I would have done my job I wish you well I cant criticise you because when i was younger I spent more than i earn now i realised that having to spend without needing to know how much i have is so important learn from other people mistake and NOT from your own have a good week end Safe bets pay off for ad agency boss 5 Feb 2012 Straits Times For six years until recently, Mr Stephen Mangham, 50, was the group chairman of Ogilvy & Mather Singapore, and busy managing 600 people. Today, he runs a 12-man outfit called Mangham Gaxiola, which he started with his former creative partner Robert Gaxiola. Small as it is, so far, it has been 'hugely rewarding and fun', he says, because the business is his and starting his own firm was something that he had thought about on and off over the past 15 years. His firm has got off to a flying start, having secured a founding client in CIMB bank. Mr Mangham graduated with a law degree from Oxford University, but chose to be in advertising. 'At university, I edited the uni newspaper, which made me think that I would enjoy working in an industry which is also about the art of persuasion and communication,' he says. 'I have never regretted the decision.' Mr Mangham and his wife Helen have four boys, aged 10, 15, 19 and 21. Q: Are you a spender or saver? I don't like to owe money, so I have always tried to make sure that I spend less than I earn. I try to strike a balance between making sure that we enjoy life now, and putting away enough for our old age. I don't spend much on myself. Most of my monthly income is spent (other than pension savings and mortgage payments), but I have saved all my bonus payments over the years. I spend the most on my family, on my kids' education, their swimming lessons, rugby lessons and so on. Four boys don't come cheap, but I wouldn't have it any other way. Q: How much do you charge to your credit cards every month? Probably about $5,000. I try to use debit cards rather than credit cards. Q: What financial planning have you done for yourself? A good chunk of our money is invested in property. I have a pension fund and some money in shares. And my wife has a trust in her name. But we also keep quite a lot on short-term deposit, just in case we need it, in Singapore and Britain. I'm quite conservative when it comes to investing. I don't like to take risks, and I have an aversion to managed unit trusts where agents take large commissions upfront. I invested in unit trusts which charge a 7 per cent fee and it hardly grew. It was because what little gains there were went to the fees. I have two life insurance policies, which are enough to look after my family should anything unfortunate happen. I have three properties in Europe and none here. First, I invest only in what I know well, which is my business. Second, I like to keep a lot of money in very safe schemes. I believe housing should be long-term investments. If you don't know where you are going to be in the next 10 years, investing in a market that you don't know very well is very risky. I don't believe in taking a blind gamble that prices will rise all the time. I know an expat who bought a property at the peak and was made redundant two months after that. Q: Moneywise, what were your growing-up years like? I am the oldest of three children. I have a brother and sister. My father was an aeronautical engineer and my mother a nurse. I had a comfortable, happy upbringing - a typical lower middle class one. Money was sometimes tight, but I never went without it. I grew up realising that you had to earn money before you could spend it. Q: How did you get interested in investing? My first investment was in an apartment in London when I was 22. It just seemed more sensible to buy my own place rather than pay someone else the rent. The apartment cost

[WIKILEAKS] MOE does not encourage more students to get a higher education. Cheryl Chan, Assistant Director of the Planning Division at the Ministry of Education (MOE) wrote: the government does not plan to encourage more students to get a higher education. The university enrollment rate will continue to be maintained at 20-25 percent because the Singaporean labor market does not need everyone to get a four-year degree http://wikileaks.org/cable/2007/02/07SINGAPORE394.html

First, he criticize local new drivers for being lousy, next he says all drivers on the expressway should drive at the speed limit of 90! I can't believe wat I'm listening to... This DJ Glenn Ong is encouraging lorry, van and truck drivers to speed, at 75km/h they are too slow! I hope the traffic police are listening...

Do Singapore need more advance fighter planes?

I have a problem... since I got attached with my gf, I realized that nowadays she would always take cab whenever I cannot send her around. Have this feeling that she now too used to taking car liao.(my car.. hehe) Talked to her about it, but she still continue to take cab like nobody's business. There was even one week where she spent more than $150 on cab fares alone...(she's an undergrad btw). Hai. Anyone got any suggestion to get her to reduce taking cab?

Read today ST Forum Page and was amused by one letter send to ST Forum: Quote: "Come Save with POSB but pay $4.50 to deposit coins" "Complainant's son was happy to received a piggy bank in the form of a 'can' from POSB a few months ago. It was distributed in his school, together with a booklet, to encourage young children to put aside some money daily. It took her son a while to fill the 11 cm-tall can to the brim. She then took her son to the bank on Tuesday to deposit her son savings but found to her dismay that a charge would be imposed on the 500-plus coins which amounted to $86.60. Except for the first 200 colins, there was a charge of $1.50 for every 100 coins and $4.50 was deducted from his POSB account promptly. Her son was clearly upset. It demoralised him to know that he would be charged for makingdeposits in coins should he continue saving money." Weired isn't it!!!! POSB encourage young kids to save by giving them free piggy bank in form of 'can' and later impose a service charge should they deposit their coins with them. They should have waived off the charges for kids so as to encourage them to save. Surely, the cashier could tell on the spot whether it from a kids account or from an adults account. BTW Remember when I was a young kid in primary school, we did received a saving card from then "Post Office Bank" to encourage us to save. What we need to do is to purchase a stamp (5 cent) from the school general office or post office and stick it onto the card. When the card is full ($6.00), we are to bring the card & our pass book to the post office and had it stamped on the card and endorsed ($6.00) in our pass book.