Wednesday, August 30, 2017
PM Lee didn't offer to help China but offer to help USA.
http://www.asiaone.com/singapore/trump-accepts-pm-lees-offer-helicopters-relief-efforts-storm-torn-texas
No wonder SG is part of China's anti-dumping probe.
No wonder China no longer trusts SG.
No wonder SG is part of China's anti-dumping probe.
No wonder China no longer trusts SG.
OMG! Singapore is part of China's anti-dumping probe!
https://sg.finance.yahoo.com/news/china-launches-anti-dumping-probe-012226436.html
See! We already stated on numerous occasions that China didn't regard SG as a friendly country but our government always said that China-SG relationship was strong and good. Does this anti-dumping probe show the good relationship between SG & China?
Malaysia is a rubber plantation country and exports a lot of rubber but there is no anti-dumping probe from China because it is having a good China-MY relationship.
See! We already stated on numerous occasions that China didn't regard SG as a friendly country but our government always said that China-SG relationship was strong and good. Does this anti-dumping probe show the good relationship between SG & China?
Malaysia is a rubber plantation country and exports a lot of rubber but there is no anti-dumping probe from China because it is having a good China-MY relationship.
The China-India border dispute had shown to China its foes.
The China-India border had settled amicably but it also had shown to China which countries were anti-China. It's a fact that India's incursion was illegal but some countries still supported the perpetrator overtly and disregarded the international law.
Japan and Australia supported India overtly by expressing remarks supporting India's stance and Israel sold weapons to India during the standoff. China had taken cognizant of their anti-China stances and would be wary of them in the future. Fortunately, Singapore was keeping its silence about this.
Japan and Australia supported India overtly by expressing remarks supporting India's stance and Israel sold weapons to India during the standoff. China had taken cognizant of their anti-China stances and would be wary of them in the future. Fortunately, Singapore was keeping its silence about this.
North Korea fired a missile across Japan. Is it illegal? No!
https://www.theguardian.com/world/2017/aug/29/missile-passing-japan-wakes-to-ominous-warning-about-north-korean-launch
Is North Korea missile firing breaching any international law? No! Why?
I'm not trying to speak up for North Korea but just trying to state a fact that the media is omitting.
According to international law, any airspace 100km above the land is considered international airspace. As the NK missile was flying at an estimated 500km above Japan, it was considered to be in international airspace and its action was not illegal. The missile landed in the international sea and also was not breaching any international law. Therefore, NK was not doing anything illegal at all. However, no media reported this based on international law but from the political perspective.
For the same reason, micro satellites are orbiting few hundreds of kilometres above the land around the globe legally without breaching any sovereignty territory or international law. No country can protest that a foreign satellite is orbiting above its sky.
We just want to present a true fact from the legal perspective and educate our readers that politics rule this world instead of law.
Is North Korea missile firing breaching any international law? No! Why?
I'm not trying to speak up for North Korea but just trying to state a fact that the media is omitting.
According to international law, any airspace 100km above the land is considered international airspace. As the NK missile was flying at an estimated 500km above Japan, it was considered to be in international airspace and its action was not illegal. The missile landed in the international sea and also was not breaching any international law. Therefore, NK was not doing anything illegal at all. However, no media reported this based on international law but from the political perspective.
For the same reason, micro satellites are orbiting few hundreds of kilometres above the land around the globe legally without breaching any sovereignty territory or international law. No country can protest that a foreign satellite is orbiting above its sky.
We just want to present a true fact from the legal perspective and educate our readers that politics rule this world instead of law.
Russian tanker doesn't need to pass through Singapore port anymore!
http://money.cnn.com/2017/08/25/news/arctic-ice-tanker-ship/index.html
Russian tanker can use Arctic to deliver its oil and gas now without using the Suez Canal. When the ship doesn't pass through Suez Canal, it also doesn't need to pass through Strait of Malacca and Singapore. Singapore will have lesser incomes from shipping now as more ships will use the new Arctic route.
Russian tanker can use Arctic to deliver its oil and gas now without using the Suez Canal. When the ship doesn't pass through Suez Canal, it also doesn't need to pass through Strait of Malacca and Singapore. Singapore will have lesser incomes from shipping now as more ships will use the new Arctic route.
Tuesday, August 29, 2017
Rickmers Maritime to delist tomorrow.
http://www.businesstimes.com.sg/companies-markets/winding-up-of-rickmers-maritime-completed-notes-to-delist-on-aug-30
Goodbye Rickmers Maritime!
This won't be the first and the last but is the beginning of the collapse.
Goodbye Rickmers Maritime!
This won't be the first and the last but is the beginning of the collapse.
USA is trying to put the blame of its destroyer's collision on China.
http://en.people.cn/n3/2017/0829/c90000-9261565.html
What is USA thinking? Putting the blame of its collision on China's hacking?
If USA destroyer is so easy to hack, then it shouldn't be out at sea anymore because it poses a clear and present danger to other merchant ships.
This also means that the destroyer is not combat-operational as it is easily hackable.
The USA is trying to fabricate false intelligence again!
What is USA thinking? Putting the blame of its collision on China's hacking?
If USA destroyer is so easy to hack, then it shouldn't be out at sea anymore because it poses a clear and present danger to other merchant ships.
This also means that the destroyer is not combat-operational as it is easily hackable.
The USA is trying to fabricate false intelligence again!
Monday, August 28, 2017
South Korea wants to get involved in KL-SG HSR.
https://sg.finance.yahoo.com/news/kl-singapore-hsr-project-korea-061550698.html
I believe Malaysia will not want to offend China by awarding the HSR to the South Korea consortium. China is really pissed off with SK for THAAD installation because THAAD is useless against NK's mobile rocket launchers.
I believe Malaysia will not want to offend China by awarding the HSR to the South Korea consortium. China is really pissed off with SK for THAAD installation because THAAD is useless against NK's mobile rocket launchers.
Political battles are playing out in China - Part 2
https://sg.news.yahoo.com/wanda-shares-tumble-rumours-chairman-detained-063825573--finance.html
If the rumour is true, those who try to help Wanda's chairman will be closely monitored by the government. R&F will be a high profile target by the government.
https://sg-stock.blogspot.sg/2017/07/political-battles-are-playing-out-in.html
If the rumour is true, those who try to help Wanda's chairman will be closely monitored by the government. R&F will be a high profile target by the government.
https://sg-stock.blogspot.sg/2017/07/political-battles-are-playing-out-in.html
India chickens out after 2-month stand off.
https://sg.news.yahoo.com/india-says-troops-disengaging-stand-off-china-083126572.html
After seeing China's troops build up and large scale military exercises near the border, India has cowered in and agreed to withdraw. Afterall, India has no legitimate reason for the incursion and cannot garner international support for its action.
After seeing China's troops build up and large scale military exercises near the border, India has cowered in and agreed to withdraw. Afterall, India has no legitimate reason for the incursion and cannot garner international support for its action.
Outrage of Modesty (OM) has increased in Singapore.
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.
Singapore is no longer as safe as before for women. Women have to be more careful when they go out in Singapore.
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.
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