Tuesday, July 18, 2017

What constitutes "scandalising the court"

Does a statement that we have a "pliant court system" fall within the offence of scandalizing the court?

I believe that it does not. This statement is not directed at any specific judge in the exercise of his judicial function and is not interfering with the administration of justice.

It should be treated as a fair criticism under freedom of speech.

From Wikidedia.

In Singapore, the offence of scandalizing the court is committed when a person performs any act or publishes any writing that is calculated to bring a court or a judge of the court into contempt, or to lower his authority. An act or statement that alleges bias, lack of impartiality, impropriety or any wrongdoing concerning a judge in the exercise of his judicial function falls within the offence.

The High Court and the Court of Appeal are empowered by section 7(1) of the Supreme Court of Judicature Act (Cap. 322, 2007 Rev. Ed.) to punish for contempt of court. This provision is statutory recognition of the superior courts' inherent jurisdiction to uphold the proper administration of justice. The Subordinate Courts are also empowered by statute to punish acts of contempt.

Although Article 14(1)(a) of the Constitution of the Republic of Singapore protects every citizen's right to freedom of speech and expression, the High Court has held that the offence of scandalizing the court falls within the category of exceptions from the right to free speech expressly stipulated in Article 14(2)(a).

Some commentators have expressed the view that the courts have placed excessive value on protecting the independence of the judiciary, and have given insufficient weight to free speech.

In Singapore, an "inherent tendency" test has been held to strike the right balance between the right to freedom of speech and the need to protect the dignity and integrity of the courts.

To establish the offence, the claimant must prove beyond reasonable doubt that the act or words complained of have an inherent tendency to interfere with the administration of justice.

The inherent tendency test has been held to be justified by the small geographical size of Singapore, the fact that there is no jury system and that judges have to decide both questions of law and fact, and that the test renders proof of damage to the administration of justice unnecessary.

Although Singapore law does not set out the sanctions that may be imposed for contempt of court, it is accepted that the courts may impose reasonable fines and imprisonment. To decide what punishment is appropriate, the culpability of the offender and the likely interference with the administration of justice are considered. The only defence available to the offence of scandalizing the court is to prove that the allegedly contemptuous act or statement amounts to fair criticism, which involves showing that the criticism was made respectfully and in good faith.

Monday, July 17, 2017

New issues for voting

Here are the issues for you to vote:

a) What will you do if the elected President is a walkover?
b) Is it proper for Halimah Yacob to be accepted as a candidate for Presidential Election

Give your vote in www.wisdomofthecrowd.sg

Wisdom of the Crowd - results

Here are the results of the voting on these issues.

a) What are your views about the personal attack by the Deputy Attorney General on Dr. Tan Cheng Bock? (89 Votes )

65% say that the conduct of the DAG should be condemned.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=166

b) What are your views on the court's decision to reject Dr. Tan Cheng Bock's challenge? (81 Votes )

58% say that the court should act independently and say that the change is unconstitutional.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=167

c) What should Dr. Tan Cheng Bock do now about his political goal? (76 Votes )

Over 70% said that he should join an existing political party or form a new party.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=168






Sunday, July 16, 2017

Comedy of the Elected President

Three decades ago, Mr. Lee Kuan Yew had a horrifying thought. What would happen to Singapore if one day, another party came into power and the Peoples' Action Party was kicked out of government.

He devised the concept of the Elected President with custodial powers on the use of past reserves and on senior appointments into the public service. This was intended to come into operation in the event of a change of government.

After President Ong Teng Cheong was elected as the first Elected President, things did not went as planned. President Ong was diligent in carrying out his duty. Although he was formerly from the PAP, he felt that it was his duty to check on the actions of the current PAP government. The relationship between President Ong and the government soured.

Act 1 of the comedy was an Elected President checking on the current government, that was not intended to be in the plan.

President S R Nathan was elected unopposed as the Elected President for the following two terms. Other candidates who were willing to stand for election were declared to be not qualified, i.e. not meeting the stringent qualifications specified in the constitution.

Act 2 of the comedy was an Elected President, who was supposed to have the direct mandate of the people, being elected unopposed, through a walkover.

The presidential election in 2011 was a watershed. Apart from the government supported candidate, three other candidates stood for election. It was a four corner fight. The winning candidate who was endorsed by the current government was elected with only 35.2% of the votes, which was only 0.3% higher than the second candidate. There was no provision for a runoff election

Act 3 of the comedy was an Elected President whose authority was supposed to come from a direct mandate of the people, assuming office with only 35.2% of the votes.

In the run-up to the presidential election in 2017, the government was adamant in continuing the comedy of the Elected President. They changed the constitution to raise the bar for qualification as a candidate and provided for a reserved election where all of the candidates have to come from a certain ethnic group.

Act 4 of the comedy was the concept of a reserved election in a country where the people live in harmony regardless of language, race or religion.

The change to the constitution also provided for increased powers given to the appointed members of the Council of Presidential Advisers. The government did not trust the Elected President and felt that they need to have another body to check on the Elected President.

Act 5 of the comedy was that the unelected members of the Council could override the decision of the Elected President in some specified instances. Their role went beyond advising the president

There is the likelihood that the next Elected President will be returned unopposed through another walkover. It is also possible that this Elected President, who was supposed to be appointed from a reserved ethnic group, may not be truly representative of that ethnic group. There are many mixed marriages in our multi racial society.

Act 6 of the comedy will be an Elected President who qualified through a reserved election turning out to be not purely from that reserved ethnic group.

Enjoy this comedy.

Worker Party Community Fund Walk

I joined the Worker Party Community Fund walk this morning. The event was well attended. It was also well organized with many activities following the 2.5 km walk.

All the WP MPs participated in the walk. I had a good chat with Low Thia Kiang, Chen Show Mao, Png Eng Huat and Faisal Manap during the walk. I also said hello to Pritam Singh.

I posted a few short videos of the walk. The participants had an enjoyable time and good fellowship.

Wisdom of the Crowd - new issues

Here are some issues for you to vote:

a) Should a person be charged for describing our court as being "compliant". Lee Hsieng Yang's son has used the description of "a compliant court system" in a recent posting.

b) Is the law applied fairly in Singapore?

Give your vote in www.wisdomofthecrowd.sg




Saturday, July 15, 2017

Premiums for private Shield plans are very expensive

I have often advised older people to avoid the integrated Shield Plans that covers A class or private hospitals.

The reason is - the premium is high and is likely to go much higher. These plans will become very expensive, and will be unaffordable to older people.

This article explains what is happending.
http://www.businesstimes.com.sg/…/the-good-the-bad-and-the-…

Should the government take over the running of Eldershield?

The results for this issue is now ready for viewing:

a) Should the government take over the running of Eldershield (long term care insurance)? (89 Votes )

The majority said yes. View their reason in:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=164

Friday, July 14, 2017

Why does the MRT break down so often?


I learned that the MRT system can breakdown due to
a) signal fault
b) track fault
c) power fault
d) train fault

I want to add the following:
e) passenger fault (why you all want to take train the same time?)
f) nobody's fault (the system just suka suka break down)
g) engineers fault (why you can fix the problem?
h) management fault (how can? we are top scholars! )

Self destruction of capitalism

Listen to this economic update by Prof Richard Wolff about capitalism's self destruction. You will understand why the current economic system cannot last long.
http://www.democracyatwork.info/eu_capitalism_self_destruct…

Is it safe to ride on Uber?

Recently, there is another fatal accident involving a Uber car. Will this discourage you from booking Uber? Should there be a minimum age or driving experience for Uber drivers?
Give your views in www.wisdomofthecrowd.sg

Thursday, July 13, 2017

Causes of MRT breakdown

I now learn that the train breakdown can occur due to:

a) signal fault
b) track fault
c) power fault
d) train fault

http://www.todayonline.com/singapore/morning-rush-hour-commute-ewl-hit-2-different-faults-wednesday

What I am unable to learn is - why are these faults occuring now, when the system was running well for over 30 years?

Could it be due to

a) equipmment failing due to age
b) over loading of the system
c) poor maintenance
d) lack of engineering know how?




Wisdom of the Crowd - view the results

Here are the results for the issues that have just closed.

a) Do you agree with the remark of DPM Teo Chee Hean that we are all sons of Lee Kuan Yew (128 Votes )

60% felt insulted by this statement.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=162

b) After watching the Parliamentary debate on 38 Oxley Road, which statement best reflects your view? (127 Votes )

63% said that Parliament is the wrong platform to discuss this issue.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=163

Wisdom of the Crowd - view these results

Here are the results of the voting on the issues that have just been closed.

a) Are you happy with the debate in Parliament on 3 July? (127 Votes )

More than 70% are quite dissatisfied with the debate.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=161

b) What is your opinion of PM Lee during the July 3 Parliamentary session? (129 Votes )

Over 80% have a negative opinion.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=160

c) Do you agree with the views of Goh Chok Tong on 38 Oxley Road? (139 Votes )

Nearly 70% consider his statement to be too biased.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=159




Tuesday, July 11, 2017

Wisdom of the Crowd - Foreign policy strategy

The voting on this issue has now closed. You can view the result:

a) Should Singapore continue its foreign policy on speaking for the rule of international law? (121 Votes )

The majority of the Crowd said that we must change our foreign policy strategy.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=158




Monday, July 10, 2017

Save for your retirement, but choose the right way

Every once in a while, you will see an attractive advertisement from a bank or life insurance company telling you about the importance of making separate savings for your retirement. They will explain that your savings in the Central Provident Fund is not adequate for your retirement needs.

They will back up the explanation with surveys, testimonials, statistics and other convincing information.
The underlying message is correct. Most people in Singapore need to have additional savings to live comfortably during retirement.

But the method that they proposed to achieve this goal is questionable.

Be careful. You can be walking into a trap. Read this.
http://www.fisca.sg/ArticleDisplay.aspx?ID=496

WhatsApp Group to promote neighborliness

I have printed a hard copy of this letter to be sent to my neighbors. My proposal is to form a WhatsApp Group.
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1387

Wisdom of the Crowd - Pedra Blanca issue

The voting on this issue closed today.

a) How should Singapore respond to the application by Malaysia for the ICJ on the Pedra Blanca issue? (126 Votes )

The highest votes goes to - let the International Court of Justice hear the case. The preferred choice of the Ministry of Foreign Affairs, which is to oppose the application - gets the second highest vote.

View the details in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=157

Sunday, July 09, 2017

Videos on financial planning are more popular

The short videos on financial planning and insurance are very popular, compared to the written articles. Each video is about 6 minutes. It must be the conversational format of the videos that are easier to follow.

You can select the topic and watch the videos here:
http://www.tankinlian.com/video.aspx

Who has a better character?

Who has a better character? Lee Hsien Loong, Lee Wei Ling, Lee Hsien Yang, Chee Soon Juan or Low Thia Khiang?

The results are quite surprising. View them here.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=154

Promote neighborliness

I had a regular meeting with my old classmates. Yesterday, I spoke to them about this idea to get to know the neighbors and to promote the kampong spirit. They agreed that this is an excellent idea. They will also try it out with their neighbors.
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1381




Wisdom of the Crowd - view the results

You can now view the results of the voting on these issues:

a) Which policy decisions of Lee HL is most harmful to Singapore? (133 Votes )

The issue of the South China Sea did not feature high. Two other issues got more votes.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=156

b) Should the court accept Dr. Tan Cheng Bock's arguments on the reserved President Election? (20 Votes )

The votes were given by the Crowd before the court ruling. The Crowd had a different take compared to the court.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=165

c) If Lee HL agrees to demolish 38 Oxley Road, how will you view him? (123 Votes )

This result is very bad for Lee HL. Even if he agrees now to demolish 38 Oxley Road, his stature has diminished considerably.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=152

d) Why did LKY refuse to acceded to LHL's request to preserve 38 Oxley Road? (137 Votes )

Most people voted that LKY was unwavering in his wish for 39 Oxley Road to be demolished. But a sizeable number of people think there is another reason, which is hidden beneath the service. What is this reason, which has the second highest number of votes?
http://www.wisdomofthecrowd.sg/chart.aspx?ID=155

Stamp duty on transacting in property in Singapore

Recently, I looked at a freehold condominium called Flora View near my home which seemed to be recently priced at slightly more than $1 million.

When I carried out further research, I realized that I had to pay an Additional Buyer Stamp Duty (ABSD) of 10% on the property in additional to the normal stamp duty which works to slightly less than 3%. This would add another 13% to the cost of the property, before counting lawyer fees. The property becomes unattractive to me. Anyway, all of the units in that development had been fully sold out.

I learned more about the ABSD, SSD and TSDR. For those who want to invest in a condominium and are still confused about these terms, you can find a brief explanation here.
http://www.fisca.sg/ArticleDisplay.aspx?ID=494

Wisdom of the Crowd - new issues for voting

Here are two new issues for you to vote

a) Should the Deputy Attorney General be censured for his remarks about Dr. Tan Cheng Bock?
b) Should the organizer continue with the talks in Hong Lim Park regarding Oxley Road

Give your vote in
www.wisdomofthecrowd.sg

Saturday, July 08, 2017

Wisdom of the Crowd - new issues for voting

Here are the new issues for your voting today:

a) What are your views on the court's decision to reject Dr. Tan Cheng Bock's challenge?
b) What are your views about the personal attack by the Deputy Attorney General on Dr. Tan Cheng Bock?
c) What should Dr. Tan Cheng Bock do now about his political goal?

Give your vote in www.wisdomofthecrowd.sg

Friday, July 07, 2017

New issues for voting in Wisdom of the Crowd

Here are two new issues for you to vote:

a) Should the court accept Dr. Tan Cheng Bock's arguments on the reserved President Election?
b) Should the government take over the running of Eldershield (long term care insurance)?

You can vote on these two new issues and the other active issues in www.wisdomofthecrowd.sg


Wisdom of the Crowd - results for today

The results of the voting on The Wisdom of the Crowd on these two issues are now available for your viewing:

a) Is PM Lee abusing his power to convene a Parliament meeting on 3 July to discuss his family dispute? (121 Votes )

Over 60% said that Parliament should not be the place to resolve the dispute. Another 30% said that if Parliament is to be involved, the other parties (i.e. siblings) should be invited to speak.

More details:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=153

b) If Lee HL agrees to demolish 38 Oxley Road, how will you view him? (123 Votes )

It is a "no win" for Lee HL. Even if he agrees for the house to be demolised, people will still view him negatively.

Details:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=152

You can vote on the current issues, and win a prize, at
www.wisdomofthecrowd.sg





Thursday, July 06, 2017

Wisdom of the Crowd - you can now view these results

The results of the voting on these issues are now available for viewing:

a) If Lee HL's son enter politics in a few years time, will you support him? (89 votes)

A big majority said "no". Here are their reasons:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=150

b) The government is considering four options for 38 Oxley Road. Which do you prefer? (90 Votes )

A big majority said "demolish the house". How big is it?
http://www.wisdomofthecrowd.sg/chart.aspx?ID=149

c) Do you agree with the option to keep the basement of 38 Oxley Road and demolish the building? (87 Votes )

A big majority said "it is not in keeping with LKY's wish" or "it is neither here nor there.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=151

d) Will the US Supreme Court upload President Trumps's travel ban? (80 Votes )

The results are mixed. America is divided.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=148

Wednesday, July 05, 2017

Wisdom of the Crowd website - some issues

I like to thank many of your for participating in the Wisdom of the Crowd website.

There are a few issues about this website that you should be aware of. They are explained here.
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1385

I have spent a lot of effort to develop this website. I believe that it has produced some useful results and insights, in spite of its inherent bias and potential risks.

It is still under development. I hope that it will become more popular and trusted as it is developed further.

Tan Kin Lian

Are Uber and Grab good for Singapore?

Are Uber and Grab rides good for Singapore? Are they good for commuters? And the drivers?

My view - it is improving the market for taxis and rides and offering better choice for consumers and drivers. It is not destroying the livelihood of taxi drivers. Many have given up taxis to become Uber and Grab drivers.

The people who are not happy are the taxi companies. It is good to make them work harder for their profits.

Read my views here.
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1384

Do you agree with my views? Do you wish to add your perspective?

Wisdom of the Crowd - new issues for your vote

Here are new issues for your voting:
a) Do you agree with the remark by DPM Teo Chee Hean that we are all sons of LKY?
b) What is your opinion of PM Lee during the July 3 session?
c) Are you happy with the debate in Parliament on 3 July?
d) Do you agree with the statement by Goh Chok Tong on 38 Oxley Road?
e) After watching the debate on 38 Oxley Road, which statement best reflect your view?

Give your vote in www.wisdomofthecrowd.sg

Troubled by PM's statements

KKoon Wee said:
I am also extremely troubled by some of PM's statements.
(1) PM has stated that the LHY & LWL allegations have seriously damaged the integrity of the govt and S'pore, aside from the very serious damage he suffered personally.
(2) PM then declares that under normal circumstances, he would sue the persons involved. However, he will not sue at this time because they are family members and he doesn't want the matter to drag out in the courts.
(3) One can only conclude from PM's statements that in PAP S'pore, there is one set of rules for the Lee dynasty and then there is another set of rules for the rest of us.
(4) PM is also guilty of putting his family interests before that of the govt and S'pore. Afterall, he is claiming that S'pore's reputation has been gravely damaged by the actions of his family members!
(5) while I don't advocate the use of law suits to settle differences, PM has already indicated that law suits are his usual approach in such cases, EXCEPT for family members.
(6) All very deeply troubling indeed!

My view:
We should stop the bad practice of suing for defamation, unless the condition of the perpetuator is extremely bad and mischievous.

Tuesday, July 04, 2017

Wisdom of the Crowd - results for three issues


Voting on these three issues have just closed. You can view the results now.

Issue: Will Air Asia suffer a drop in business due to the "shaking like a washing machine" flight from Perth to KL? (82 votes)

Surprise! The results are quite positive for Air Asia. Tony Fernandez can give a sigh of relief.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=147

Issue: Is it good for the leaders of a country to come from different generations of the same family? (82 Votes )

A large majority said no!  Not good news for LHL.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=146

Issue: When you think about democracy, what statement comes most in your mind? (81 Votes)

Singaporeans are quite positive towards democracy, in spite of our limited exposure to the practice of this concept here.

http://www.wisdomofthecrowd.sg/chart.aspx?ID=145

Allow room for other points of view

Printed in Straits Times Forum, 4 Jul 2017

Professor Kishore Mahbubani's commentary about small states and foreign policy has been described by veteran diplomat Bilahari Kausikan as "muddled, mendacious and indeed dangerous", while former foreign minister K. Shanmugan said he found it "questionable intellectually" (Don's commentary on foreign policy of small states criticised; July 3).

I find the criticism to be excessive. What is wrong with having a different point of view? The view of the establishment is not the only one in Singapore.

If the establishment wishes to argue the case for small states to continue to speak beyond their size,they can put forth their points in an intellectually convincing manner, instead of resorting to giving labels to the other view.

The politics of the world has changed a lot in recent years.

We have seen big countries exercise their military and economic powers, in disregard of international law and conventions.

Is it wise for small states like Singapore to continue with their old approach, which worked in the global political environment of the past but may be dangerous to their foreign policy interests nowadays?

We cannot assume that our diplomatic problems with China have been resolved.

In a democratic society, we should not kill the messenger if we do not like the message.

Tan Kin Lian

Allegation of abuse of power

In their joint statement of 14 June, Lee Wei Ling and Lee Hsien Yang accused their elder brother, Lee Hsien Loong of abusing his power as prime minister to thwart Lee Kuan Yew's wish for his private house 38 Oxley Road to be demolished after LWL moves out of the house.
They did not specify which were the actual cases that they consider as abuse of power. However, they did provide a lot of information for readers to make our own judgment.
I have addressed a question that most people did not discuss adequately. Why was LKY so unwavering in his wish for 38 Oxley Road to be demolished. He knew that LHL wanted very much for the house to be preserved. Why does LKY not accede to the request of his eldest son?

Sunday, July 02, 2017

Fave bought over Groupon business in three countries

Recently, the Fave group bought over Groupon in Indonesia, Malaysia and Singapore. Fave is owned by Joel Neoh, who was formerly head of Groupon Asia Pacific.

Why did Groupon sell its business to Fave?

I found that Groupon is still incurring a loss. Here is the latest result.

Quote
This year, during the first half of the year, Groupon had a net loss of $104 million, or 18 cents per share. Groupon revenue in the first half of 2016 reached $1.49 billion. In Nasdaq trading today, Groupon shares closed at $3.78. In the past year, Groupon stock had been down 71 percent.Jul 27, 2016
Unquote

I am surprised that Groupon is still losing money. I thought that they should be able to make money, as they are just selling coupons. Maybe their expenses are too high, or maybe the full time executives are drawing high salaries?

I wonder how Fave can turn the business around, and make a profit? I guess cutting expenses is one step.

Neighborhood Watch Scheme - with help from WhatsApp

The neighborhood watch scheme was promoted by the Police to encourage neighbors to work together to promote security of their neighborhood against crime.

I suggest the following strategy to make the scheme work on a sustainable basis.

Details here:
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1381

I will try it with my neighbors. Maybe you can also try it?

Prepare for a greying population

There is little incentive to care for the greying population in Japan.
http://www.todayonline.com/…/little-incentive-care-japans-g…

Singapore will face the same challenges within the next decade.

However, I do not worry too much. Currently, we worry that there are not enough jobs for people, due to automation and artificial intelligence replacing the traditional work.

There will be a strong demand for people to take care of elderly people.

We need a way to pay these care givers adequately. This will be a cost to soceity. It has to come out of taxes payable by corporations that make a lot of profit and by high income earners.

We also need to make the job meaningful and enjoyable - but technology can help.

This is a challenge to the government. We need a good and wise government to overcome this challenge. Right?.

The "inevitable" terrorist attack

Are we prepared to deal with the "inevitable" terrorist attack on Singapore soil?

We will know when it happens. I hope that our response will not be like the Little India incident - which was poorly handled.

We have to take precaution by putting radicalised persons under the ISA. But we are not able to identify and deal with all of the possible suspects. We do not have enough space in the detention centers. We will also be infringing on human rights.

We need an effective response when an incident happens. Here are my "common sense" ideas on what needs to be done.

http://www.tankinlian.com/ArticleDisplay.aspx?ID=1376




Saturday, July 01, 2017

Videos on financial planning and insurance watched over 300 times

Most of these videos have been watched over 300 times. Each video gives useful tips to young people on how to apprach financial planning and insurance.
http://www.tankinlian.com/video.aspx

Dealing with the inevitable terrorist attack


I do not know what our counter terrorism experts have planned to deal with the "inevitable" terrorist attack in Singapore, but I like to share my common sense approach to deal with it.

1. We already know of some racialised people who have gone for training in the Middle East. The security agencies have already detained them under the Internal Security Act. Well done. Prevention is better than cure.
They can be released after the security threat has been removed, e.g. if they agree to come under family supervision and agree for their movements to be monitored.

2. When the inevitable happens, allow the civil defence force to do what is necessary to save lives, treat the injured and prevent further harm. Set up an escalation system to give the first responders the full support that they need.

3. Allow the police to round up the suspects and detained them under the Internal Security Act. These are the people who are under surveillance before, but they do not fall under the earlier category of being "radicalised".
Like the first group, they can be released after the security threat has been removed, e.g. if they agree to come under family supervision and agree for their movements to be monitored.

4. Set up a hotline and an online form for the public to make reports of suspects. We only need to gather their name, contact number and a report of the suspected people. There will be hundred of thousand reports of this nature within a few days. Most of these reports will prove to be unfounded. But it is important to gather these reports quickly and promptly, and encourage people to make these reports.
Set up an articifican intelligence (AI) tool to analyse these reports and pick out those that need further investigation. This could be cases where several reports are made of the same persons or the suspects are already on some monitoring lists. 
The investigators can file their reports into the database for the AI tool to analyse further.
This is a different approach from the investigation process that is now carried out by the Police (based on my personal experience). We need to improve the process.


Identify the problem before looking for a solution

Recently, I gave an advice to a poly student that works as an  intern in my office. I said - You must understand the problem and identify the real problem, before you can find the solution.

I like to give this same advice to a head of SMRT, the head of the Land Transport Authority and the transport minister. Every one of them probably earns more than a million dollar a year or probably more than 100 times of a poly graduate.

We must understand what is the problem that is described as "signal fault". Does it mean that the platform doors do not open when the train is in the station? Or is the problem more serious and complicated than this?

We travel in lifts in tens of thousand buildings in Singapore. Every lift has a signal system. If there is a signal fault, the door does not open when the lift is on a designated floor. Is this the same problem that is causing the massive disruption of the MRT system?

What is the "signal fault" that cause the disruption to the MRT system?

Someone said:
No amount of engineering can prevent signalling faults of the trains in Singapore.

My reply
We have signals in our houses and buildings. They control our lifts and gates. This is not rocket science. It is quite an ordinary control. When the train is in the station, the platform door opens.

There must be some faulty parts in the train or in the platform doors. They can be identified and replaced.

I don't know why they describe it as "signalling faults" when (as I suspect) they refer to the platform doors not opening when the train is in the station.

Of course, I could be wrong. The problem may be more serious than what I had guessed from the unclear information that has been disclosed..

If we continue to hide the real facts and give fancy description, such as "signalling fault", we will never understand the root cause and cannot find the solution.

I have said before. They must be tens of thousand of train systems around the world. How often do we hear of massive disruptions due to "signalling faults"?

I must blame the prime minister for appointing incapable people to run our public offices.


How to solve the dispute over 38 Oxley Road

Mr. Tan
The Lee family quarrel continues to be very ugly. It will not be solved by the Parliamentary debate on 3 July. What can be done to solve this quarrel? What are your views?

REPLY
I am guided by the wisdom of the crowd. These are the views of many ordinary people who are wiser than one or three stubborn siblings.

Their views are:
a) Demolish 38 Oxley Road, as was the clear wish of Mr Lee Kuan Yew.
b) Disband the ministerial committee. They have no business to interfere with the private business of the Will.

You can watch the results of various issues relating to this matter, and the charts showing the respective options, in www.wisdomofthecrowd.com/result.aspx

There is another issue that is still being voted - should the basement be kept as a compromise? The result will be released in a few days time.

Friday, June 30, 2017

Identifying the ghost buses

At the bus stop, my app shows the next two arriving buses for 163 at 15 min and 21 min. I have been experiencing this type of information on several occasions. I now expect that a "ghost bus" to appear before the next reported bus.

The ghost bus appeared 8 mins later. The next two buses now report arrivals at 7 and 13 mins.

This kind of incidents remind me that we have a useless transport minister. I shall not mention his name to avoid being personal, but I guess you know who I am referring to.

By extension, we also have a useless prime minister.

The duty of a prime minister extends beyond attending state dinners hosted by the US President and telling jokes about pork soup and cigarette smoking. Or giving prompt replies to statements from siblings.

 It means paying attention to the mundane matters that affect the daily lives of the people.

I do not expect the transport minister or the prime minister to be personally concerned about "ghost buses". But if someone has been raising the issue on countless occasions in past years, they should ask the CEO of the Land Transport Authority - is it true that we have "ghost buses" that are not tracked on the bus arrival app, and how many are there?

If the CEO does not know the answer, he can ask his subordinate and the message will go down a few levels. Quite likely, the answer is - "We have to check with the bus companies". And the answer will take such a long time to arrive that everyone would have forgotten about it.

If any smart person down the line will say, "Let us ask Mr. Tan. He seemed to know what the problem is".

And if they ask me, I would give them the answer within 1 hour. But that would require me to have access to the database.

There are 17,000 buses in Singapore. They have a GPS tracker installed to give the GPS locations to the server. This is how the bus arrival time is being tracked.

I would write a script to check, for each bus, if there is any tracking record being sent on the previous day. All the ghost buses would send 0 tracking record.

I would get the answer within 1 minute. It will show not only the number of "ghost buses" but the licence plate number of these buses, the bus service number and the company that is operating that bus (SBS, SMRT or whatever).

Yes. It will take 1 minute.

And to think that nobody bothers to check this for many years!

Do you agree that we have a useless transport minister and a useless prime minister?

Telephone conversation with a Singapore conference organiser

I was invited to be a panel member in an investment seminar organized by a subsidiary of a large media company in Singapore. I asked the staff to telephone me. I received a call at the arranged time.

TKL - Can you tell me about the format of the panel discussion. How many panel members? How many people in the audience?

Staff - The panel will comprise of 4 people, including you, and a moderator. It will take 45 minutes. We expect about 200 people in the audience.

TKL - What do I get for spending the time? Can I distribute a flyer to the audience?

Staff - We do not pay any speaker or panel member. We will put your name in our website. Sorry, we cannot distribute your flyer. We have a paid service to distribute flyers.

TKL - You ask me to spend time and pay me nothing. You want to charge me for distributing a flyer?

Staff - Sorry, Mr. Tan. We don't pay any of the speakers. So, we can't pay you.

TKL - Do you get the venue (Suntec City) for free? I know that you probably have to pay a lot of money for the venue. Why can't you spend some money to pay your speakers?

(The staff must think that I want the money for myself! I don't need it, but other speakers or panel members are not so well off as me. Usually I donate the fee to the Financial Services Consumer Association)

TKL - I have been invited by a Swiss organization to speak to the participants of their management programme. Do you know how much they pay me for 45 minutes, including questions and answers?

Staff - Maybe $10,000?

TKL - No. Not so much. It is a small group. They pay me $2,000. And they have been re-inviting me for several years.

TKL - I know that you would probably have to pay $50,000 or more to invite a foreign speaker to give a keynote address. Why can't you set aside a budget to give a modest fee to local speakers? Why do you want to exploit the local speakers to this extent?

Staff - Sorry, Mr. Tan. This is the local practice. We have been doing it like this for many years.

TKL - I will be posting this conversation in social media.

Staff - Mr. Tan, please don't. I will get into trouble. If you don't want to speak, OK. But please don't post into social media.

TKL - Don't worry. I won't mention your name. But I want the public to know this is how our conference organisers treat local speakers.

Conclusion: I don't have to say it. But you would know that I decline the invitation.




Delays hit North South Line for 3rd day

From Today paper:

http://www.todayonline.com/singapore/commuters-vent-fury-online-delays-hit-nsl-third-day-straight


Here are some comments:

Cheang Kah Weng ·
Works at ZF Group

time? how much time has been given to solve? well just shut the entire line!

Tan Kwong Moh
Many commuters are frustrated cos it happened again and again. Why no minister come out to say something about MRT problems???

Singh Prem ·
Personally, there is an urgent need for a Ministerial Committee to investigate into the failings of SMRT and LTA. Commuters are not buying the claim that signal testings are still ongoing, and that such testings alone are causing the delays/breakdowns. The problems are multiple, and the situation is degenerating to frustrating chaos and catastrophe. 

How is Singapore's national productivity to improve when our labour force, relying on public train transport, are placed in predicaments of being very late for work, or in very stressful condition, which would invariably affect their work performance.What about students who have examinations to take??

It makes nonsensical the call by the Government. for the public to take the trains and keep the cars off the road, when the train transport system is failing daily, BIG TIME!!!

We are past the "wake-up call" to do something. It is time for a full and complete investigation, from all angles, by a Ministerial Committee, with feedbacks invited also from the public. There must be no stone left unturned ,in this quest to set things right.


Isaac Than ·
Khaw Boon Wan, please resign.
Who's with me?


George Wong ·
Ran out of lame excuse. ....


Joseph Li
It is quite obvious that the faults lie in the system design and material used as opposed to the earlier accusations of lack of maintenance and poor management. Now the SMRT and LTA are run mainly by elite military personnel but the breakdowns seem to be endless. It is very disappointed that commuters have to bear the inconveniences.

Thursday, June 29, 2017

Tracking the bus


I am familiar with the GPS tracker installed in vehicle. This is how it works.

You can set the tracker to get the GPS location at every interval (say 1 minute) and send the data to the server. The server will know the location of each vehicle at that time interval.

This is the data used to tell the commuters about the expected arrival time of the bus.

Some of the trackers in the buses are spoiled and do not send their location to the server. The server does not know that the bus exist. I describe it as a "ghost bus".

If the mobile app says that the next bus 163 will arrive in 20 mins, we may get the "ghost bus" arriving in 10 min. As the server does not know this bus, it is reporting the next bus that is arriving 10 mins later.

I have noticed the incidents of these "ghost buses" for a few years.

If the bus company or Land Transport Authority bother to look at all the buses that report their location, they will find out the buses that do not report their locations, because of a failed tracker. They can replace the tracker immediately. The tracker cost only $100.

It is a shame that the people in charge are not paying attention to this matter. It is a shameful state of affairs.

Wisdom of the Crowd - more results


The children of Lee HL and Lee HY have said publicly in Facebook that they have no interest to enter politics. Do the Crowd believe them? The majority thinks that we will see a third generation of the Lee family in our government.
See their votes in http://www.wisdomofthecrowd.sg/chart.aspx?ID=137

Following the damage caused by his family feud, should Lee HL resign as prime minister, call a general election or continue as if nothing has happened? Find out what the Crowd thinks in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=140


How much is the estate of Lee Kuan Yew worth? The Crowd is divided. Some estimated it to be worth more than $1 billion but others have more modest figures.
See the breakdown in http://www.wisdomofthecrowd.sg/chart.aspx?ID=141


Should the law minister sue M Ravi for defamation on the statement that he has made regarding his personal life or just ignore him?
Find out what the Crowd thinks in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=142

Tuesday, June 27, 2017

Wisdom of the Crowd - results of recently closed issues

Who will you vote for in the reserved Presidential election? How much will be the spolit votes?

Find out the answer from the Crowd in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=139


Three grandchildren of LKY had said publicly that they have no interest to enter politics. Does the Crowd believe their statement?

Find out the answer in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=137


61% of the Crowd prefer the government to provide the full maternity benefit, instead of asking employers to provide maternity leave for two months for the first two children.

Find out more details in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=138

Monday, June 26, 2017

The real threat of artificial intelligence

Artificial intelligence will cause many jobs to be lost. What can be done to create jobs for people? What types of jobs?

Read this article.
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1373

Tips for young workers

Tip for young people who are about to start work or have recently started work.

Learn about financial planning and insurance from the videos here. They are relevant for people in Singapore. Save yourself many thousand of dollars by avoiding the bad mistakes.
www.tankinlian.com/video.aspx

Wisdom of the crowd - results


Was the demolition clause inserted into the will with LKY's knowledge?

92% of the Crowd said "Yes. It was his intention all along". Only 8% said that it was inserted without his knowledge.

View the result in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=135


What is the best way for Lee HL to settle the dispute with his two siblings?

Two thirds (67%) of the Crowd said, "Discontinue the ministerial committee and respect LKY's wish for 38 Oxley Road to be demolished."

See the other options in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=136


What is your preferred option for LKY's house? 75% of the Crowd preferred the house to be demolised, as was the wish of LKY.

You can read the other options in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=134



Encourage the construction industry to use technology

Minister Desmond Lee asked the construction industry to use technology and improve efficiency.

This kind of message has been repeated many times in the past. Why are our construction companies still so backward?

I suspect that the tender system is the root cause. If we go on competitive tender for projects, the main contractors and sub contractors are unsure about the flow of their jobs. So, they will find it difficult to invest in technology.

To give them the confidence, they should be assured about the future flow of jobs at sustainable prices. This can be done when we change our competitive tender system.

This is how it can be done (just my thinking aloud). The government can use professional quantity surveyors who can make a good estimate of the cost of the project. This price can be indicated in the tender.

If a contractor is able to accept the project at this price, they can be assessed base on the quality of their technology and standard of work for past projects.

Here is an example. The professional QS estimated the job to be $100 million. If it is based on competitive tender, the lowest bid might be $95 million. If the project is awarded to this lowest tender, the contractor may fail (i.e. declare bankruptcy) or find ways to press down the wages and subcontractors.

However, if the project is awarded for $100 million, based on my new criteria, the main contractors and their subcontractors will be willing to invest in technology and develop a skilled workforce for the long term.

I wonder if my approach can work?




Thursday, June 22, 2017

Votes in The Wisdom of the Crowd

What are the main reasons for Lee Wei Ling and Lee Hsien Yang to bring their dispute with Lee Hsien Loong into the open?
Click here to watch what the Crowd thinks.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=129


Lee Hsien Loong is quite popular, based on the number of people who like his Facebook Page and gave positive remarks to his posts.
Why is he so popular? The reasons given by the Crowd are not so flattering.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=132


On the Lee family feud, which side does the Crowd support? The results are quite worrying for Lee Hsien Loong.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=128


Will Lee Wei Ling and Lee Hsien Loong enter politics in the future?
http://www.wisdomofthecrowd.sg/chart.aspx?ID=130

Videos on financial planning and insurance

I created this page containing videos on financial planning and insurance several months ago.

I monitor the viewing of the videos. I am surprised that, after many months, I still get an average of 10 new visitors every day watching the videos. The old visitors also come back to watch the additional videos. An average of 20 videos is being watched daily.

www.tankinlian.com/video.aspx

Wednesday, June 21, 2017

Virtual replica of 38 Oxley Road

It was a big blunder for Lee HL to create a feud with his two siblings over the demolition of LKY's house. There is no value in its preservation, especially when it goes against the wishes and values of his father and, after LKY's demise, against the strong opposition of his two siblings.

If he wants to preserve the memory of the house, there are ways to achieve it - such as creating a virtual replica of the house. The old house is not the most important reminder of LKY - the continued success of Singapore is.

There is still a chance for Lee HL to salvage the situation. He can disband the awkward ministerial committee and accept the Final Will as binding. This will allow his siblings to demolish the house but after the experts had captured the images for the virtual replica of the house. The dispute would die down and peace will return.

Here is the solution.
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1370

Tuesday, June 20, 2017

Issues that have been voted recently in The Wisdom of the Crowd

If you want to know what the Crowd thinks on many issues that have been voted recently, you can view the results in
www.wisdomofthecrowd.sg/result.aspx

Three more results from The Wisdom of the Crowd


The foreign minister gets a poor performance rating based on the votes of the Crowd.
See here:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=127


The results are surprising. A high percentage of the Crowd thinks that it is necessary for M Ravi to bring the issue of the Elected President scheme to outside jurisdictions.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=125

Which government policy should be changed at top priority? I thought that it is to reduce the ministers' salaries. I was surprised that another matter obtained higher votes. You can view the results in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=124

Monday, June 19, 2017

Do we need a reserved presidential election

This is what the Crowd thinks about a Presidential Election that is reserved for a specific ethnic group. They don't like it.



Sunday, June 18, 2017

Next prime minister of Singapore

Who do you prefer to take over as the next prime minister of Singapore.

You can view the results of the voting in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=120

Baby milk powder

Why are baby milk powder so much higher in Singapore than in Malaysia and Australia.

Here are the voting by the Crowd:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=123

Which country is responsible the most for making the world unsafe?

Which country is responsible the most for making the world unsafe?

View the results in:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=122

What will happen to 38 Oxley Road

I have created three more issues concerning the property at 38 Oxley Road and LKY's will. You can vote on these issues at www.wisdomofthecrowd.sg.

Friday, June 16, 2017

Suggestion to solve the dispute over 38 Oxley Rise


The Last Will of Lee Kuan Yew contained a clause to allow Lee Wei Ling to continue living in 38 Oxley Road for as long as she wish to. When she move out of that house, the will stated that his house should be demolished. The property is also bequethed to Lee Hsien Loong.

Under a negotiated arragement, LHL sold the property to his younger brother Lee Hsien Yang at market value. Both LHL and LHY agreed to donate half of the value of the land to the charities listed in LKY's will.

The market value of the property is estimated to be $24 million. This meant that LHY paid $24 million to LHL for the property and also donated $12 million to the charities. This is a big investment for LHY.

Subsequently LHY learnt that LHL, as prime minister, had formed a ministerial committee to look into the government's intent regarding the site, and also to see if the demolition clause in LKY's will had been inserted without his full knowledge.

I consider the ministerial committee to be ultra vires, i.e. beyond its legal power and authority. The National Heritage Board is the authority to decide if the house is to be preserved as a monument. If LHL wish to challenge the validity of the will, it has to be determined by a process in court.

To solve this misunderstanding, it is best for LHL to disband the ministerial committee and accept the last will, for which probate has been granted, to be legally binding on all parties.

As the house is going to be demolised, the site does not have any heritage value. As LHY had already paid to LHL the market value for the property, he should be free to use the site for any purpose that is allowed by the planning authority.

If LHL wish to retain the site for its historical value, he should buy back the property from LHY. As the owner, he can do what he wishes with the land, including donating it to the government. If he wish to preserve the house, he should apply for a court order to stop the executors from demolishing the house, on the grounds that he is the rightful owner of the property and the demolition intent stated in the Last Will is questionable.



Thursday, June 15, 2017

The confusion regarding 38 Oxley Road

I find the episode quite confusing.

On the one hand, I thought the issue had already been settled, as expressed in this statement. All the three children of Mr. Lee KY had agreed that the house would be torn down and the children would each donate half of the value of the land to charity. The continuing dispute among the siblings over this issue baffles me.

After examining the issue more closely, I am confused with the following:

a) How is the value of the land determined? Does it mean that the family intends to keep the land, after the house is demolished, and the two brothers would each donate 50% of the value of the land to the charities? Does this mean that the donation comes from their personal wealth and not from the sale of the land?

b) If the family keeps the land, who will be the owner? Will it be the estate of Mr. Lee KY? Who will be the ultimate beneficiaries of the land or the estate?

The URA and National Heritage Board have said that the land will not be used for commercial development. Will it be kept as a memorial park? If so, the value of the land would be quite nominal?

I do not understand why this arrangement has to be so convoluted. This is a private property owned by Mr. Lee KY. The property is now passed to the estate. They should be allowed to deal with the property in any way that the family deems fit.

If the government wish to step in and declare the house is to be preserved as a monument, the government would probably have to compensate the estate for taking over the property. There must be other examples of how old buildings are taken over by the government. Surely, the same process and precedents can be followed?

Mr. Lee KY had expressed a wish, in his will, that the house should be demolished at some time in the future. Surely, there is no need to obstruct his last wish?

If there is a need to create a memorial for Mr Lee KY, there are ways of doing it, without going against his wish that is stated so clearly in his will.

This is really quite confusing. No wonder, the siblings are quarelling over the arrangement.

Wednesday, June 14, 2017

Tuesday, June 13, 2017

Medical charges increase by 15% a year

My friend, who is 78 years old, received an email from a Great Eastern Life agent telling him that the annual increase in medical cost is 15% (and recommending the coverage provided by his company), My friend asked for my comments about the inflation rate.

Here is my reply
http://www.fisca.sg/ArticleDisplay.aspx?ID=489

Monday, June 12, 2017

Videos is a better teaching format

Someone said that he does not like to read articles written by academics.

I agree.

However, when the academic appears in a Youtube video, e.g. when he is being interviewed, his message is quite easy to follow.

But when he writes a paper, the reader will find his points to be quite difficult to follow.

I have made a few videos about financial planning and insurance. They were put up a few months ago. Each day, about 5 to 10 people watch the 1 or more videos. It shows that they like the video format.

To watch my videos, go to www.tankinlian.com/video.aspx

Unproductive to make cheque payments

I sent a cheque to pay for 3 places at and association dinner on 31 May. The staff told me on 12 June that the cheque has not arrived. I asked for the bank account to make an internet payment.

Two hours later, she told me that the cheque has now been received. It took 12 days for the cheque to arrive. Was it due to the slow delivery by the post office, or was it due to delay in the internal mail of the association?

I don't know why businesses still ask their customers to pay by cheque. They should have given their bank account as the first option for internet payment.

Singapore is very slow in moving away from cheque payments. This is costly and unproductive.




More enjoyable and less costly to take public transport

After trying Uber and Grab a few times, I have now decided that it is better to take public transport.

I had to wait 5 to 10 minutes for the taxi or car to arrive. Their app usually show the wrong information. It tells the expected arrival time, but this is usually unreliable.

The cost is high. Although they indicated a fixed fare, they add the ERP charges, which can be very costly. If the taxi is on metered fare, the congested road will add to the cost significantly.

Sometimes, the driver does not know the way or ask "which way I want to go".

If I take the bus or train, I do not get this kind of stress. Although the journey takes a longer time, it is more pleasant.

So, it will be back to public transport for me, except when I have to go to the airport to catch a flight.

Our foreign minister has been too quiet

I saw this news in Today paper.

Quote
Foreign Affairs Minister Vivian Balakrishnan is on an official visit to Beijing at the invitation of his Chinese counterpart Wang Yi. Besides meeting Mr Wang, Dr Balakrishnan will call on Chinese Vice President Li Yuanchao and State Councilor Yang Jiechi. Dr Balakrishnan will also have breakfast with some Singaporean representatives based in China.
Unquote

Why did the ministry release the information so late? I already read the news a few days earlier from a Hong Kong newspaper.

During the Terrex episode a few months ago, I had expected the foreign minister to take the lead to resolve this diplomatic spat. I did not hear any word from him.

He was so much out of the limelight that I forgot about him. I created an issue for the public to vote on the performance of the ministers. I managed to list all the ministers, EXCEPT the foreign minister. He was so quiet that I forgot about him totally.
www.wisdomofthecrowd.sg/mperf.aspx

A bad experience with Grab promotion

I have a bad experience with JustGrab. Last week, they offered a promotion to deduct $6 for several trips if I topped up $50 into my account. I accepted the offer.

I had to visit the National Eye Center. I book JustGrab for a fare of $14. After the discount, I thought that I had to pay only $8. I told the driver to avoid ERP as I knew that it would be costly.

On arrival, my fare was $21. The driver had to pass through 2 ERP gantries, which added $7 to the fare. Grab said that the discount did not apply as I should have topped up on 10 and 11 June, and I had topped up 1 day earlier. (I was not aware of this restriction).

If it were not for this promotion, I would have taken public transport to the clinic. My fare would be less than $1.

This Grab promotion turned out to be a disaster for me. The ride was not enjoyable as the driver was unhappy that he had to drive in heavy traffic to avoid the ERP at CTE.


Sunday, June 11, 2017

The unemployed graduate

Forty years ago, I heard stories that some countries (which I shall not name) produced many graduates who cannot find jobs. This phenomenon has now arrived in Singapore. We will soon be producing many graduates who cannot find jobs.

What is happening?

Read this article on the "unemployed graduate" and what we can do to address this problem.
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1369

How to deal with returning jihadists

What is the best way to deal with jihadist who returned to Singapore? These are the people who went to the Middle East for training as ISIS fighters.

Give your vote in
www.wisdomofthecrowd.sg

Saturday, June 10, 2017

How to avoid being assaulted

Rachel Ash asked:
If you being the CEO then in the insurance business cannot eliminate these issues then we lay people who knows nuts what can we hope to achieve but to be repeatedly assaulted.

REPLY
Many of the life insurance products being sold in the market now are bad for consumers. They take away too much of the savings. Many of these policies are sold to consumers through deceptive means.

The advisers did not explain the policies correctly. If the advisers had explained the correct facts to the buyers, the buyers would probably not buy these products anyway.

What can consumers do, when they were "assaulted" ?

They should come forward and lodge a complaint. If the Monetary Authority of Singapore receives many complaints, they will know that there is a real problem that need to be addressed. But if many people keep quiet, MAS will think that the problem is isolated.

I personally believe that the problem is quite rampant. Sadly, not enough people are coming forward to lodge their complaints.

Actually, there are already sufficient evidence for MAS to be concerned and to look into this matter. They should know that the consumers are being taken for a ride and the incidence of misselling is quite rampant. However, they are still not willing to act on this issue. I blame MAS for their apathy as much as I blame the consumer.

To avoid being "assaulted", the consumers should learn what to look out for. They should spend the time to understand the issue. They can watch the videos in my website www.tankinlian.com/video.aspx or attend the talk organized by FISCA (www.fisca.sg/event.aspx).

Otherwise, one day, the "assault" will be successful and the consumer would suffer a large painful loss.

How can the PAP regain the trust of the people?

I met a two old school mates for lunch today. They said that the trust between the government leaders and the people is now very low, based on "coffee shop talk". The leaders should make the effort to hear the "coffee shop talk" to know how the people are feeling.

I asked them - what is the single most important action that the government can take to regain the trust of the people.

Mr. X, who has been a grassroot leader for decades and is still helping the MP in a small way said,

"They should revise their salaries to be commensurate with their actual responsibilities. If a candidate can lose an election and is elected on the next attempt in a safe group constituency, and is then promoted to be a minister at a high salary, what will the people think?

Many ordinary people are strugging just to keep their job and they are paid a low salary. Why should that minister be treated so well?"

I told Mr. X that I agree with his view completely. The best way for the government to regain the trust of the people is to revise their salary according to international benchmarks.

Mr. X said - but some ministers deserve to be paid a high salary, because they were already earning the high salary in the private sector.

TKL - I disagree. If the minister is not willing to take the sacrifice to accept the proper salary, according to international benchmark, we do not need him to be a minister. We have to look for someone else. Surely, there are more than 20 capable people in Singapore who are willing to be a minister at the proper salary?

My view of the UK election results

The results of the UK general election has been bad for prime minister Theresa May. It is also bad for the Brexit negotiation with the European Union. The uncertainties will be bad for the British Pound and for the economy.

Why did the voters of the UK choose this "bad outcome"?

Many of the voters, especially the young voters, are dissatisfied with the status quo. They are unhappy with the austerity program that produces slow economic growth and low employment. They are also unhappy that the rich are getting richer while they have to struggle to pay for the high cost of living with uncertain jobs or unemployment.

They vote for a new social order in the UK. They vote for a more socialist society.

This is the same message that the voters in the US gave to the political establishments. It is the same message that causes people around the world to resort to violence.

The political establishment and the elite has to change their current policies. This statement applies to Singapore as well.




Friday, June 09, 2017

The Paul Thambyah and Chee Hong Tat issues

Dr Paul Thambyah is a courageous person. He is a senior doctor in government service and is willing to be a leader in the opposition Singapore Democratic Party.

Do you agree? You can view the results of the voting on this issue in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=103

He made a comment in a speech at May Day. He was criticized by Minister of State Chee Hong Tat. What do the Crowd think about the criticism by the MOS?

Here are their votes:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=102

Challenge facing young people

In the US primary election in 2016, Bernie Sanders drew the crowds. He had the strong support of the young. The Democratic Party nominated Hillary Clinton. She lost the general election to Donald Trump.

In the UK general election in 2017, Jeremy Corbyn of the Labor Party drew the crowds. He had the support of the young people who turned up at large numbers to vote. The Labor Party did unexpectedly well, although they still have less seats than the Conservatives.

The message from the young people in the US and UK are the same. They are fed up of the economy. They are fed up of leaving university with a high debt and no job. They are fed up of high cost of living and low wages.

The young people of Singapore faces the same challenge.

Improve the bus service

Two buses under service 163 arrived within 1 minute of each other last night. It repeated tonight.

The bus schedule is getting worse. This is disappointing. After the government took over the responsbility of managing the entire network, I expected the schedule to improve. After all, it is easier to plan the schedule when there are not "turfs" to fight over among the bus operators. This is not the case.

This is sad. With the massive amount of data that is available, it should be possible for the Land Transport Authority to plan the capacity to match the demand and ensure that the schedules are followed closely.

The Land Transport Authority does not seem to be paying attention to this matter. The transport minister is also sleeping. If he just check the management reports, he should be able to know that there are problems. He can direct the LTA to fix them.

Of course, he can also "don't care". I suspect that this is what is happening.

Regardless of race, language or religion

The UK elects 650 MPs to their House of Commons. Each MP is elected from a constituency.

They seem to be able to produce MPs to reflect the diversity of their country, i.e. people from various ethnic groups and religions.

They do not need the convoluted system of GRC (group representation constituency) that is used in Singapore.

They have also elected a Muslim of Asian origin, but born in the UK, to be the Mayor of London. They do not need to have a "reserved election" for him to be elected into this office.

Singapore had set a good example to the world of Singaporeans from different racial and religious backgrounds living in harmony.

Can we get rid of our GRC and reserved elections and elect Singaporeans regardless of race, language or religion?

How many constituences in the UK and in Singapore?

I asked Google - how many constituences in the UK?

The answer - 650, each electing a single MP to the House of Commons.
https://www.google.com.sg/search…

I asked Google - how many constituces in Singapore. Google does not know. So they give me this page:
https://en.wikipedia.org/wiki/Constituencies_of_Singapore

So I asked again. How many MPs in Singapore?
The answer - 92, 89 elected and 3 Non Constituency MPs.

https://www.parliament.gov.sg/members-parliament

My conclusion - things are so convoluted in Singapore. We spend a lot of energy to sort out the complications, and do not have any energy left to solve our real problems - such as bringing down the cost of living, making sure that our citizens have jobs, can marry and have children, etc.

Wow.

Thursday, June 08, 2017

Are baby milk powder prices in Australia subsidised by the government?

My research showed that milk powder prices in Singapore cost 70% more than Australia. I asked the question - why should our prices be so high?

Someone said - that is because prices in Australia are subsidised. We should compare the unsubsidised prices.

The statement was made with an air of confidence. I thought initially that it was true. However, there was no way for me to get the prices before subsidy.

I decided to check Google (thank you Google) - is milk powder prices subsidised in Australia?

I got the answer - the Australian farmers gets government support as the milk prices are too low, due to over-supply. Hey, if this is the case, the low milk prices should result in low prices for milk powder manufactured in Australia and sold in locally and for export, right?

I can classify the statement of subsidised prices as "fake news". i wonder if that person is working for the government, and makes the statement to deflect the failure of the government to deal with the high prices being charged in Singapore?

Quite likely, he is not working for the government. He must have taken upon himself the role of protecting the reputation of Singapore against people who ask troublesome and embarrasing questions?

Stores charge the same price for the same product, but describe them differently

I asked my staff to compile the prices of 50 baby milk powder under 5 brands sold at Fairprice, Giant, RedMart and Sheng Siong.

Here are the findings.

Fairprice and Giant describe the same products differently. My staff had a difficult time to match the products. He finally managed to identify the same products, which were described differently.

The finding - Fairprice and Giant and Redmart charge the same price. There are a few products where one party charge a lower price - under Promotion. Sheng Siong has only a few products.

Perhaps they were required to charge the same price by the supplier.

Sorry. The parents in Singapore will have to pay much higher prices than those in other countries.

Videos on financial planning and insurance

I like to ask young people to watch the videos at my website. This will help them to avoid the expensive mistake of buying a life insurance policy that they cannot maintain. They can lose a few thousand dollars of their savings.

The videos provide tips to ordinary people on how to handle their financial planning and insurance.
http://www.tankinlian.com/video.aspx

These videos are very popular. Every day, 10 to 20 people watch 1 or more videos. Although the videos were put up several months ago, they are still being watched every day.

Buying a policy that he does not understand or need

Mr. X sent an email to me. He had bought a policy and asked me if it was "worth keeping". The consultant who sold him the policy had kept the policy document from him until after the 14 day free look period expired. He was not able to exercise the cancellation. What should he do?

I asked Mr X to scan the benefit illustration for me to look. He took photos using his mobile phone in various odd directions. I replied to him that I cannot read it. (It was quite inconsiderate of him to expect free advice and provide the information in a shoddy manner).

I asked Mr. X to telephone me. He did. He said that he had bought the life insurance policy at a road show. He did not understand what he was buying but bought it anyway on the recommendation of the consultant. He paid $1,200 as an annual premium. He is still single but expect to get married soon.

Mr. X is totally lost. He would probably have to lose more than $1,000 on this bad mistake. Frankly, I am not able to help him in this complicated situation.

I had warned many people on the following:

1. Do not buy any insurance policy on a road show.
2. Attend the financial planning talk organized by FISCA
3. Read the financial planning tips in the FISCA website.

Many people ignore my advice. When they get stuck with a very costly decision (like what had happened to Mr. X) they expect me to help them. Sorry, it is already too late.

www.fisca.sg

Apamil baby milk powder

One parent told me that he found this research to be very useful. He is trying Aptamil which is manufactured from New Zealand. The prices in Singapore are 70% higher than in Australia. Why should it be so?
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1367

Wyeth baby milk powder

A well known brand is Wyeth (subsidiary of Nestle). There are many products under this brand and they are available in Singapore. This milk powder is advertised as being "manufactured in Singapore". But the average price in Singapore ($4.28 p 100g) is almost double of Malaysia and Australia ($2.47 and $2.41 respectively).

More details in
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1367

Blog Archive