http://www.businesstimes.com.sg/government-economy/overall-crime-cases-in-singapore-fall-in-h1-but-e-commerce-scams-remain-a-concern
Singapore is no longer as safe as before for women. Women have to be more careful when they go out in Singapore.
Monday, August 28, 2017
Singapore vs China in future economic developments.
What's our future in Singapore? What's our grandeur plans?
The 2017 national rally speech primarily focused on pre-schooling, diabetics and technology embracement in the future which are mostly sociological in nature. Will tackling these 3 sociological hurdles help Singapore to leap forward? Are we at our wits' end now?
Let's look at what China focuses on.
China is focusing on Space, AI and Robotics developments while Singapore is only importing these technologies at its best because our government is focusing on technology embracement. In other words, we only focus on the usages. China has its own self-developed driverless transportation systems now while we're only importing the driverless system.
Financially, China has already developed its own financial technological systems like Alipay, QR code payment, Wechat financial system, etc. Conversely, Singapore is just importing the QR code payment from China because of technology embracement.
It will become more demoralizing if I continue with the list and our prognosis will become bleaker.
Therefore, I will stop here to let you ponder over our future.
Sunday, August 27, 2017
Vietnam has been eyeing Taiwan's Taiping island for a long time.
http://www.taipeitimes.com/News/taiwan/print/2017/08/26/2003677199
It has been internationally recognised that Taiping island belongs to Taiwan and Vietnam has been trying to rob Taiping island from Taiwan. Therefore, Taiwan has the right to conduct any military exercise on Taiping island.
Vietnam is shamelessly protesting this by trying to distort the historical claim that Taiping island is under Vietnam's territory. Vietnam is an overly ambitious country and Singapore doesn't trust Vietnam at all. This distrust is evident from our late PM Lee's action against Vietnam.
It has been internationally recognised that Taiping island belongs to Taiwan and Vietnam has been trying to rob Taiping island from Taiwan. Therefore, Taiwan has the right to conduct any military exercise on Taiping island.
Vietnam is shamelessly protesting this by trying to distort the historical claim that Taiping island is under Vietnam's territory. Vietnam is an overly ambitious country and Singapore doesn't trust Vietnam at all. This distrust is evident from our late PM Lee's action against Vietnam.
USD dollar has just hit the lowest for the year 2017.
This is a one year chart and we can see that USD has just hit the lowest for 2017.
Is USA depreciating its USD deliberately to boost its exports for its own economic growth and also increase its own inflation rate so that it can hike interest rates?
Baltic dry index - 1209
Today, Friday, August 25 2017, the Baltic Dry Index climbed by 9 points, reaching 1209 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
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Related stocks: Sembcorp Marine, Cosco & Pan Ocean.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
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Related stocks: Sembcorp Marine, Cosco & Pan Ocean.
US rig count - 940
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. decreased by six this week to 940.
A year ago, just 489 rigs were active.
Houston oilfield services company Baker Hughes said Friday that 759 rigs sought oil and 180 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, Louisiana, North Dakota and Ohio each added one rig.
Pennsylvania and Texas each lost three rigs. Alaska, Oklahoma and Utah were down by one apiece.
Arkansas, California, Colorado, New Mexico, West Virginia and Wyoming were all unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.
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Related stocks: Keppel Corp, Sembcorp Marine & Cosco
Saturday, August 26, 2017
An introduction of Malacca Gateway.
This development is truly amazing! Once this is completed, it will definitely replace Singapore as a shipping hub with China's port alliance. This is not a question of IF but WHEN.
When there is a typhoon, just stay indoor and do not fight the nature.
Friday, August 25, 2017
Russia is showing to the USA that it will get involved in the Korean peninsula war.
https://sg.news.yahoo.com/russia-sends-nuclear-capable-bombers-mission-near-south-072849269.html
Russia is telling the world with a show of force that it will get involved in the Korean peninsula war. This is also sending a clear signal to the USA not to attack North Korea unilaterally.
Great job, Putin!
Russia is telling the world with a show of force that it will get involved in the Korean peninsula war. This is also sending a clear signal to the USA not to attack North Korea unilaterally.
Great job, Putin!
Hahaha! Japanese historian proved that Diaoyu belonged to China.
http://en.people.cn/n3/2017/0824/c90000-9259862.html
This is really funny. More and more Japanese are fed up with its own government.
First, NHK published a documentary to prove that Unit 731 existed and committed atrocities that the Japanese government denied.
Next, Japanese historian provided an ancient Japanese map which showed that Diaoyu belonged to China. This proved that the USA and Japan robbed Diaoyu from China after WW2.
The historical facts are present everywhere in the world and it's getting harder for Japanese to change its unglamorous history.
This is really funny. More and more Japanese are fed up with its own government.
First, NHK published a documentary to prove that Unit 731 existed and committed atrocities that the Japanese government denied.
Next, Japanese historian provided an ancient Japanese map which showed that Diaoyu belonged to China. This proved that the USA and Japan robbed Diaoyu from China after WW2.
The historical facts are present everywhere in the world and it's getting harder for Japanese to change its unglamorous history.
Thursday, August 24, 2017
Vietnam calls for unity in Southeast Asia. What a joke!
https://www.reuters.com/article/us-southchinasea-vietnam-idUSKCN1B4099
This is really making a mockery out of Southeast Asia. If you look at the timeline, Vietnam was the first to start building infrastructures on disputed islands in South China Sea. Vietnam also robbed an island from Taiwan during bad weather in South China Sea in the past.
How to trust Vietnam when it is a troublemaker by itself? Our late PM Lee didn't trust Vietnam in the past and we must not trust Vietnam too. Our late PM Lee was the first PM in the world to write to the Thai King to warn about the bellicose Vietnam and also encouraged the USA to attack Vietnam which sparked off the Vietnam war.
This is really making a mockery out of Southeast Asia. If you look at the timeline, Vietnam was the first to start building infrastructures on disputed islands in South China Sea. Vietnam also robbed an island from Taiwan during bad weather in South China Sea in the past.
How to trust Vietnam when it is a troublemaker by itself? Our late PM Lee didn't trust Vietnam in the past and we must not trust Vietnam too. Our late PM Lee was the first PM in the world to write to the Thai King to warn about the bellicose Vietnam and also encouraged the USA to attack Vietnam which sparked off the Vietnam war.
Trade war between USA and China will start soon!
https://sg.finance.yahoo.com/news/china-says-necessary-means-defend-024752877.html
Trump is violating WTO rules by unilaterally invoking its US section 301 trade act. International trading rules must be preserved and respected. Trump should file a complaint to WTO and fight it out with China in WTO court of arbitration instead of using its own archaic law.
By taking such unilateral action, China will also follow suit and won't follow WTO rules by invoking its own trading act. When 2 titans fight, the world trading will suffer because these 2 countries will impose unreasonably high taxes against each other. This ensuing outcome will create economic problems for the whole world.
Last but not least, China has the population size and money to fight an economic war with the USA but the USA doesn't have the deep pocket like China. Many USA firms operating in China will suffer too in such an economic war.
Trump is violating WTO rules by unilaterally invoking its US section 301 trade act. International trading rules must be preserved and respected. Trump should file a complaint to WTO and fight it out with China in WTO court of arbitration instead of using its own archaic law.
By taking such unilateral action, China will also follow suit and won't follow WTO rules by invoking its own trading act. When 2 titans fight, the world trading will suffer because these 2 countries will impose unreasonably high taxes against each other. This ensuing outcome will create economic problems for the whole world.
Last but not least, China has the population size and money to fight an economic war with the USA but the USA doesn't have the deep pocket like China. Many USA firms operating in China will suffer too in such an economic war.
See the power of typhoon Hato in Hong Kong 23 August 2017
Typhoons will get more severe and frequent in the future due to global warming.
Wednesday, August 23, 2017
Lee Hsien Loong gets court approval to jail his nephew Li Sheng Wu.
http://www.todayonline.com/singapore/agc-gets-green-light-contempt-court-proceedings-against-mr-li-shengwu
Why is PM Lee so adamant in bludgeoning his own nephew?
This was because PM Lee's younger brother, LHY, destroyed PM Lee's son political career as the PM's son was forced to issue a statement that he was not interested in any political career. Therefore, PM Lee must ensure that LHY's son also cannot enter politics in the future.
LHL and LHY will NEVER get along because the rift is too deep since this saga has supervened upon the younger generation.
Why is PM Lee so adamant in bludgeoning his own nephew?
This was because PM Lee's younger brother, LHY, destroyed PM Lee's son political career as the PM's son was forced to issue a statement that he was not interested in any political career. Therefore, PM Lee must ensure that LHY's son also cannot enter politics in the future.
LHL and LHY will NEVER get along because the rift is too deep since this saga has supervened upon the younger generation.
Tan Cheng Block's appeal was dismissed by the high court.
http://www.channelnewsasia.com/news/singapore/tan-cheng-bock-s-appeal-over-upcoming-presidential-election-9149466
This is not surprising at all. I would be surprised if the court ruled in Tan's favour.
Notwithstanding the court's dismission, our readers know the real first elected president in Singapore.
http://sg-stock.blogspot.sg/2017/08/our-poll-showed-that-our-readers-knew.html
This is the danger of a one-party system. The one-party system can change historical facts and events.
This is not surprising at all. I would be surprised if the court ruled in Tan's favour.
Notwithstanding the court's dismission, our readers know the real first elected president in Singapore.
http://sg-stock.blogspot.sg/2017/08/our-poll-showed-that-our-readers-knew.html
This is the danger of a one-party system. The one-party system can change historical facts and events.
China-India border scuffle at Ladakh
From the leaked out video, the Chinese soldiers were winning the fight and the Indian soldiers were retreating with their flag. However, the Indian news media reported that they won the fight and forced the Chinese soldiers back into the China territory.
https://www.cnbc.com/2017/08/15/india-china-soldiers-involved-in-border-altercation-indian-sources.html
The Indians couldn't even win in an unarmed close combat fight and they wanted to go to war with China.
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