Posted on 15 December 2011. Tags: apple, government
By Shibani Mahtani and Sam Holmes Associated Press Apple co-founder Steve Wozniak, pictured purchasing an iPhone 4S in California, said that a company like Apple could not emerge in “structured” societies.
Steve Wozniak, co-founder of Apple, said a company like Apple could not emerge in societies like Singapore where “bad behavior is not tolerated” and people are not taught to think for themselves. “Look at structured societies like Singapore where bad behavior is not tolerated and you are extremely punished” Mr. Wozniak said in a recent interview with the BBC . “Where are the creative people? Where are the great artists? Where are the great musicians? Where are the great writers?” Speaking about the late Steve Jobs, his former business partner, he said that allowing creativity was more important than wearing a suit or the length of your hair. Mr. Wozniak, a computer engineer and programmer, founded Apple Computer Co. — now the famed Apple Inc. — with Ronald Wayne and the late Mr. Jobs in the mid-70s.
Speaking specifically about Singapore, he said that though many people are educated with well-paid jobs and nice cars, “creative elements” in society seem to have disappeared. He added that inspiring creativity was important to a company like Apple. Earlier this year, Mr. Wozniak visited Singapore to speak at a motivational talk series organized by Singapore’s Workforce Development Agency and the National Trades Union Congress. His comments come at a time when Singapore is actively trying to woo creative tech companies like Google and Facebook to invest in the tightly controlled city-state. Just today, Google launched a US$120 million dollar investment for a data center in Singapore, the first of its kind in Southeast Asia.
Speaking about Internet innovation, Jayson Goh, Executive Director for Infocomms & Media at Singapore’s Economic Development Board, said he was happy that “many innovative Internet companies” had chosen Singapore as the focal point for their investment in Southeast Asia, specifically naming Google, Yahoo, PayPal and Facebook. “We will continue to work…to enhance the infrastructure to create a conducive environment for enterprises to provide innovative solutions,” Mr. Goh said.
Singapore actively encourages startups and entrepreneurship in the city-state. According to government statistics, 29, 798 companies were formed in Singapore in 2010 across all sectors, a 13% increase from the previous year. At the groundbreaking ceremony of Google’s Singapore data center, its Southeast Asia head Julian Persaud praised Singapore for its “fantastic business environment” and transparency. “It is very easy to work with the government,” said Mr. Persaud, adding that cooperation from the government and Singapore’s regulatory framework was a big reason for the company’s heavy investment in the city-state.
Read the full story
Posted in Asean
Posted on 08 December 2011. Tags: government, production
The commerce minister is confident that the new flood defense plan, which will be drafted by the end of this month, will be able to help boost foreign investor confidence and get them to continue to use Thailand as their production base. Deputy Prime Minister and Commerce Minister Kittirat Na Ranong said, after giving a speech on the role of sufficiency economy in the global economy and the government’s policies, that he is confident large foreign-owned factories will still want Thailand as their production base.
Read the full story
Posted in Economics
Posted on 02 December 2011. Tags: birthday, government
The Government will organize various celebration activities to offer felicitations to His Majesty the King on the occasion of his 7th cycle, or 84th, birthday anniversary.
Read the full story
Posted in Business, News, Top Stories
Posted on 25 November 2011. Tags: government
Traders’ association CAIT has called for a nation-wide bandh on December 1 to protest the government’s decision to allow 51 per cent foreign direct investment in multi-brand retail.
Read the full story
Posted in India
Posted on 20 November 2011. Tags: flood, government
Residents living in Bangkok ’s flood-affected northern districts yesterday found some common ground, reaching an agreement that the sluice gates at Phrayasuren and two other locations would be opened wider. It was agreed that the residents of Lam Luk Ka which have been inundated with floodwaters by almost one month, would receive an additional 5,000 baht compensation by the end of November.
Tensions spilled over earlier this week when Sam Mai residents began dismantling a flood protection barrier.
Talks lasted for over two hours between the residents of Lam Luk Ka, Sam Mai, the Government’s Flood Relief Operations Command (FROC) and the Bangkok Metropolitan Administration (BMA). When the meeting concluded, it was smiles all around with promises made by residents of Lam Luk Ka not to damage any more flood protection barriers, while authorities widen the gaps between three sluice gates in the area. Head of the BMA, Governor Sukhumbhand Paribatra, said that the there shouldn’t be any affect to the Bang Chan Industrial Estate, but the drainage of Khlong Lad Phrao and Khlong Bang Bua would be delayad by up to two weeks. It was smiles all around when a negotiations succeeded earlier today. Lam Luk Ka residents were also told of the additional 5,000 baht compensation, which will be paid by the end of this month.
This amount will be added on top of the 20,000 or30,000 depending on the damaged to homes caused by the foodwaters. While inner Bangkok is bone dry, the situation in some of the city’s outer districts still appears to be dire. Floodwaters are slowly draining out in an uneven manner. Floodwaters were continuing to build out the front of Bang Chan yesterday, while floodwaters around the Don Mueang -Rangsit districts in the north of the city noticed a 20cm drop in water levels. Meanwhile, a spokesman for FROC, Pongsapat Pongcharoen said that the so-called ‘big bag’ flood protection barriers had not made any effect on the inner suburbs of Bangkok. The reason cited for the underperformance of the big bag barriers was due to the pattern of drainage carried out by the BMA. While residents of Sam Mai and Lam Luk Ka may have cooled their temper at the prospect of receiving an additional 5,000 baht compensation, tensions still remain high in some flood affected areas. Flood victims in some of Bangkok’s outer suburbs say that flood protection barriers that were set up to protect the inner suburbs of the city has prolonged flooding in their districts.
The FROC spokesman said that the organisation would look at a way to relieve some of the trapped water without adding to floodwaters that are still currently affecting those residents living downstream.
Read the full story
Posted in Tourism
Posted on 12 November 2011. Tags: government, indian
Indian varsities should be allowed to hire foreign faculty to ensure international flavour, the Planning Commission said on Friday. Montek Singh Ahluwalia, deputy chairman of the Planning Commission, suggested that the government should lift restriction on recruiting foreign faculty in varsities. Mr. Ahluwalia He added that it would be difficult for Indian varsities to make it to the top grade unless these educational institutions are permitted to hire international faculty. read more
Read the full story
Posted in India
Posted on 10 November 2011. Tags: government
By Sam Holmes and Shibani Mahtani Propertyguru.com.sg (screenshot) A rental advertisement for a condominium in Singapore specifies that no Indians, Malays or citizens from the People’s Republic of China be allowed to rent the property. SINGAPORE – A three-bedroom condominium for rent in Singapore’s cosmopolitan Claymore Hill area in the central part of the island boasts a pool, a gymnasium, and proximity to the Orchard Road shopping district. It would be a great catch for any high income family – unless you happen to be Indian. The listing, which appeared November 3 on the Property Guru classified listings website, beckons prospective tenants to “search no more” but adds the following caveat: “Accept all race, except indian sorry no offence (sic).” While multiracial Singapore has established an enviable reputation worldwide for its social harmony in recent decades—especially compared with its more conflict-prone regional neighbors – racial discrimination remains an unabashed fact of life in the city-state’s residential rental market. A significant number of property advertisements on rental websites such as Singapore-based Property Guru or Craigslist specify that no Indians, ‘PRCs’ (from the People’s Republic of China) or Malays be allowed to rent various properties. Some ads also specify that Japanese, Caucasian or Chinese tenants are preferred. Although the number of listings with such requests varies over time, a recent search for rental ads on one property site that stated preferences against tenants from mainland China alone yielded an estimated 200 such listings from over the past month. Such specifications are not illegal under Singaporean law, though they are officially discouraged for rental properties and are, at times, questioned by residents. “Certainly, the ads’ specification against people of certain races or nationalities is discriminatory. It flows from certain stereotypes of specific categories of people,” said Eugene Tan, a professor of law at the Singapore Management University. But “it is not illegal in the Singapore context as landlords are free to specify their requirements.” Singapore’s Council of Estate Agents, a statutory board under the purview of the government’s Ministry of National Development, says it doesn’t condone racial discrimination. It also said in a response to queries from The Wall Street Journal that it has advertising guidelines in place to prevent discrimination, but “some landlords have explained that they face practical considerations renting out their properties, leading to certain requirements in rental transactions.” It did not specify what those considerations were. The statement went on to say that the government plans to continue educational efforts stressing the importance of mutual respect to preserve ethnic harmony. The prevalence of race-specific property listings in Singapore comes at a time when Singaporeans have grown increasingly conscious of – and dissatisfied with – the large number of immigrants working and living in their midst , particularly from mainland China and India. An estimated 1.9 million foreign nationals now live in Singapore, which has a total population of about 5.2 million. Residents often complain that those immigrants add to traffic, take local jobs and help push property prices out of reach for some younger families, among other problems. The government has responded with a number steps in recent years to limit the number of foreign workers coming in, such as an increase in levies employers pay to bring in foreign workers. The government has also long used strict rules governing who can buy properties – though not over who can rent them – to help ensure social order and encourage racial and cultural integration. Most of the city-state’s residences – about 80% — are government Housing Development Board (HDB) flats, which are Singapore’s version of public housing. Such flats can only be sold to Singaporeans or permanent residents, and are regulated by an Ethnic Integration Policy, which sets limits on the number of Chinese, Malays and Indians – Singapore’s three main ethnic groups – in each public housing block and neighborhood so as to maintain a roughly even ethnic distribution across the island. In 2010, HDB added newer rules that limit the number of units in a building that can be sold to some permanent residents, which includes foreigners who have met many, but not all, of the requirements to become full citizens. While discriminatory in practice, the government’s policies on ethnic integration in the public housing market have generally been accepted both locally and internationally as their broader aims are seen as working toward a greater degree of social harmony and cultural acceptance. However, these quotas and limits do not apply to either the public or private rental markets, nor for purchases of private residential units outside the HDB scheme. The local Council of Estate Agents’ guidelines include admonitions against marketing tactics that “indicate preference for any race or religion in all advertisements, unless it is to comply with the Ethnic Integration Policy which aims to achieve a balanced ethnic mix among the various ethnic communities living in public housing estates.” However, there are no hard laws on the matter and no punishments. Despite those guidelines, advertising considered discriminatory by some residents in both the public and private rental markets is still very visible on many property-listings websites. Property Guru says it employs a team to moderate the more than 100,000 listings on its site to check against “racist or anti-social content” that contravenes Singapore’s anti-sedition and racial harmony laws. But it still makes allowances for clients to request their preferences even when it comes to race and ethnicity. “We understand that agents have to take care of their clients’ preferences,” said a spokesperson from Property Guru, adding that if any listing is found to be racist or anti-social, agents are contacted and told to amend the information. Craigslist did not respond to a request for comment. In some cases, the discrimination revolves around worries about residents’ cooking styles, which sometimes rely heavily on odor-intensive oils and spices. In those instances, Property Guru suggests agents and landlords use less-divisive language to address such concerns but its policies stop short of prohibiting such ads outright. Instead of saying ‘No Indian or No Malay Allowed,’ (the ad) can be put as ‘light cooking allowed’ or ‘owner prefers (tenants) who do not do Asian cooking,” the spokesperson explained. Even if those changes are made, though, discrimination can still occur in other ways. For example, a Canadian professional of Indian origin who works in Singapore said even landlords and agents that don’t explicitly discriminate in advertisements still do so later on in the application process. “It’s understandable if they have an issue with Indians who cook, for example, but to generalize based on just your ethnicity is unfair,” the Canadian, who chose to remain anonymous, said. The man recalled one incident in which an agent said, “but you look Indian, let me check with the landlord if Indian is okay.” Agents will also often ask prospective tenants to provide details of their race in their rental applications. “Many times they are still willing to meet if you respond ‘Indian’ but sometimes they say ‘profile not suitable’,” he continued. Experts say that while the “market decides” on rental properties in Singapore, the government can exert moral suasion on landlords not to discriminate, though it is hard to legislate in such an area. “The issue is more an ethical one than a legal one,” said SMU’s Mr. Tan. “To be sure, such ads do work against existing efforts at racial and religious integration here in Singapore (and) also work against Singapore’s efforts to attract immigrants to live and work here.”
Read the full story
Posted in Asean, China, India, Japan, Markets, National, News, Properties
Posted on 13 October 2011. Tags: government, largest-bank
SBI, Asia’s largest bank, has been passing from a strenuous period. Therefore, the government has decided to help the state-run bank. The Government has announced that it would inject somewhere around 45 billion to 80 billion rupees in the bank as a part of its fund scheme, which would initiate by March 2012. read more
Read the full story
Posted in India