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Is Dr Thum Ping Tjin a traitor to Singapore?

By: Vernon Chan/

Almost two weeks ago, Singapore historian Dr Thum Ping Tjin, together with Sonny Liew, Kirsten Han, and Jolovan Wham, met with Malaysian prime minister Dr Mahathir in Kuala Lumpur. His Facebook photo and description of the meeting and subsequent exchanges with law minister K Shanmugam and MP Seah Kian Peng have resulted in very serious accusations that the good Doctor is a traitor.

Did Dr Thum invite Mahathir to interfere in Singapore’s domestic politics, as minister Shanmugam alleged? Does Dr Thum wish ill on Singapore, as Mr Seah suggested? Does Dr Thum have an agenda, however nostalgic, misguided, or delusional, for a Malayan union? Is this treason? Or are the minister and MP irresponsible and inflammatory, as Thum accuses?

A Rashomon story?

https://www.facebook.com/pjthum/posts/10105206868101381

This was Dr Thum’s initial post on social media. At face value, it looks like a publicity coup: revisionist historian meets conservative reformist prime minister!. But as the backlash initiated by Seah and Shanmugan intensifies, a different narrative (or perhaps a fuller clarification) emerges from Thum’s New Narrative colleagues.

Kirsten Han provides the context in two posts on her website for Dr Thum’s photo op:

1. No, Dr Thum didn’t meet Dr Mahathir alone. He was accompanied by Kirsten, Jolovan, Sonny, as well as Singapore exile Tan Wah Piow and former Malaysian exile Hishamuddin Rais.
2. Tan Wah Piow and Hishamuddin Rais were the ones who invited Dr Mahathir to an upcoming “Forces for the Renewal of Southeast Asia” conference. In fact, Hishamuddin was the organiser of the meeting.
3. Thum, Han, Wham, and Liew “are not part of Forces for the Renewal of Southeast Asia, nor are we involved in the organising of the conference”.
4. They did not “attend this meeting as a collective, but as a group of individuals”.
5. Dr Mahathir proved during much of the exploratory meeting that he was still a social conservative. This is a point that Jolovan Wham also makes.

Sonny Liew states that the press alert and press conference following the meeting was initiated by Hishammudin and took the group by surprise. And alleges that there are perhaps known and unknown agendas everywhere.

Four people attended the same meeting with Dr Mahathir. Four different stories emerge!

Yet this Rashomon story feels incomplete. More clarifications are needed, lest Thum et al. should be accused of being parsimonious with the truth.

1. Who invited the 4 individuals? When was the invitation sent?
2. Why were the 4 of them invited?
3. Why did the 4 individuals think they were all invited, if they claim they were not invited as a group, nor did they act as a group?
4. Why did Thum even claim he urged Dr Mahathir to champion democracy and so on, which just so happens to be the objective of Tan Wah Piow and Hishammudin’s group, and it was allegedly Tan and Rais’s group that is doing the urging? Why did Thum make the same claim, if the 4 individuals are not members of this mysterious group headed by Tan Wah Piow and Hishammudin Rais, and have not been invited to speak at the upcoming conference?

Not a publicity coup, but a failed publicity stunt?

If we take the 4 individuals’ protestations and Rashomon story at face value, it appears that this was a publicity stunt by Dr Thum that has backfired. More specifically, the publicity-seeking celebrity Second Doctor incarnation that was identified earlier on this blog. Dr Thum made an outrageous claim which has been either contradicted or not corroborated by all 3 other members of his not-a-group.

But what of the accusations and allegations of high treason? Are they not also a publicity stunt that has backfired?

Jolovan Wham argues that Singapore is a participating member of several United Nations conferences where social activists such as himself openly lobby foreign diplomats. The diplomats in turn may choose to lobby Singapore’s leaders on their human rights policies, and our leaders may in turn choose to “note” the feedback or agree to tweak our policies and laws. One such mechanism that Shanmugam and our activists have attended is the Human Rights Council’s Universal Periodic Review.

The argument goes that to accuse the 4 individuals of treason and inviting foreign interference for their meeting with Dr Mahathir and for Thum’s wording in his post is either hypocritical or self-serving. Some partisans might go so far as to call minister Shanmugam to put his words into practice: if he is serious about his allegations, then as a matter of his principle alone, Singapore should denounce the Human Rights Council for allowing our activists to collaborate with foreign diplomats to influence domestic policy, and withdraw from the council altogether.

We at Illusio would argue that the 4 individuals on one hand, and K Shanmugam and Mr Seah on the other, have both indeed botched their respective publicity stunts, but not for the reasons both sides have stated.

A case of political illiteracy?

Students of realpolitik would laugh off both the Gang of Four and the Gang of Two’s public squabble as silly antics. “Don’t they know how politics, or even international diplomacy works?”, they’d ask. “Are these people all politically illiterate?!”

Dr Thum may lobby the Malaysian prime minister to head some regional initiative his buddies are backing, but is the prime minister obliged to do so? How likely is the prime minister to do anything just because he was lobbied for 1 hour by 6 political outsiders?

Even if the conservative Dr Mahathir should one day wake up and decide that he’s in fact a liberal and enact an interventionist foreign policy, he’s not going to “interfere” in any country’s politics the way Shanmugam and Seah hope politically illiterate Singaporeans would think. That’s not how international diplomacy is conducted. Faceless career bureaucrats and diplomats are just going to politely and candidly raise issues and viewpoints (often behind closed doors), not demand specific changes to actual policies and laws.

In fact, this is what Jolovan Wham neglects to tell his readers on FaceBook: even at open and public events like the UNHRC’s Universal Periodic Review, the norm is for foreign diplomats to make bland, inspirational statements on the human rights policy of Singapore. Because nothing here is on the level of outrage that’s happening, say in Rakhine, Tibet, and East Turkestan.

Students of realpolitik may argue that this little “scandal” is indicative of the widespread political illiteracy in Singapore, of how easily it is for the government to confuse lobbying for political interference and for activists to expect lobbying foreign leaders to result in any policy change.

There’s a real security issue?

There is however a legitimate concern, a security concern regarding the 4 individuals’ meeting with Dr Mahathir. We at Illusio note that the meeting was not between 5 people, but included and appear to be organised by Messrs Tan Wah Piow and Hishamuddin Rais.

Mr Tan was infamously fingered by the organs of the state as the mastermind behind the “Marxist Conspiracy” in 1987 to subvert the state. While Mr Tan’s alleged compatriots have been politically rehabilitated, Mr Tan remains an exile on the run. His case is not closed. Mr Rais appears to be a contemporary of Mr Tan. As Malaysiakini puts it, Rais was a fiery radical leftist in his university days. It calls him Malaysia’s Che Guevara. You know, that violent and murderous revolutionary Che Guevara, who also sent the gays to concentration camps. Not only that: Hishamuddin has been jailed at least 5 times, and detained under the ISA once (with the detention overturned by the High Court).

Why have Tan Wah Piow and Hishamuddin Rais teamed up? What is their agenda? Why have they chosen to allegedly incorporate the 4 individuals (or at least Liew, Han, and Wham) without their knowledge or permission?

There is good enough reason to question the motives, if not the judgement, of the 4 individuals, not for meeting with Dr Mahathir but for meeting with Dr Mahathir under the umbrella of Tan and Rais. For better, and far more legitimate than accusing them of “inviting” a foreign leader to “interfere” in Singapore.

That K Shanmugam and Mr Seah did not do so is a matter of concern. Especially when the minister has gone through such lengths to attack Dr Thum’s public pronouncement that Operation Coldstore and Operation Spectrum were fake news operations. Perhaps this is an indication of the competence issue that arises in a population where political literacy has been bred out of it for generations. Perhaps the accusations that were actually made instead are an indication of political cynicism in Singapore’s political leadership. Or perhaps, as Prof Chua Beng-huat suggests elsewhere, the Minilee administration is embarrassed to even speak about Operation Spectrum, for fear that reminding people of an indefensible operation would diminish government credibility, and seeks to make it politically irrelevant.

That this entire brouhaha happened the way it did, despite the very real and present dangers the meeting involves, bodes ill for Singapore.

This article first appeared on the author’s website. It has been re-published with permission.

Ho Ching goes on sharing spree of Khaw Boon Wan, Shanmugam and Teo Chee Hean’s Facebook albums

Prime Minister Lee Hsien Loong’s wife Ho Ching went on another sharing spree on social media today. Strangely, Ho Ching – who also serves as chief executive of Singapore’s sovereign wealth fund, Temasek – shared several photos posted online by her husband’s ruling party colleagues over the past few months.

Notorious for flood-posting her page with several links throughout the course of each day, Ho Ching began this afternoon by sharing her husband’s own Facebook posts as she re-posted three posts the Prime Minister made this month.

The first re-post was of a photo PM Lee posted earlier today, about five hours ago. The PM’s wife then appeared to go down his timeline and shared an album he published yesterday, another photo from this past Tuesday, and another album from last Sunday.

Ho Ching then shifted her attention to Law and Home Affairs Minister K Shanmugam.

Similar to her browsing patterns on PM Lee’s Facebook page, Ho Ching started out by sharing one of Shanmugam’s more recent Facebook albums – a collection of photos he posted yesterday from an event where he met Team Singapore athletes.

Following this, the Temasek CEO re-posted a video featuring Shanmugam from his timeline, that he shared last Sunday.

Ho Ching moved on to Deputy Prime Minister Teo Chee Hean’s Facebook page and shared ten of his Facebook albums or photo posts over the past one month, in a span of minutes.

Starting from a collection of photos Teo posted on 12 Sept, Ho Ching proceeded to share albums Teo published on 8 Sept, 7 Sept and 6 Sept, two separate albums he posted on 4 Sept, and an album from all the way back on 3 Sept.

Curiously, Ho Ching also shared a photo of Teo’s meal that he had posted on 6 Sept and two separate posts he had made on 11 Sept, when he published photos of owl sightings.

Ho Ching reserved most of her attention for Transport Minister Khaw Boon Wan. Going down Khaw’s timeline, Ho Ching flooded her wall with 15 separate posts from Khaw’s page – going all the way back to 21 July.

Sharing Khaw’s albums and photo posts capturing his outings from the end of July, throughout August and so far in September, Ho Ching went from an album from to album that Khaw posted on 5 Sept, 4 Sept, 30 Aug, 13 Aug, 6 Aug, 5 Aug, 3 Aug, 29 Jul, two albums on 28 Jul, 25 Jul, 24 Jul, 23 Jul, and 21 Jul.

Ho Ching even shared this profile picture that Khaw posted on his page on 17 Aug:

https://www.facebook.com/permalink.php?story_fbid=943197282534773&id=100005335308340&__xts__%5B0%5D=68.ARBgKSOi-DH5BORnC5-f23u_P1vox59kbHR8nOEijY22cjnlI6oUg3bqAFRsx0T23-FmRyxRwHIZbs1I1Znk6tB4eb_NceXpZYiGsl5Syad2uDXmttZ0JNAfjcbv92VHD8yb2fzyPytjZ4QYD2tdfEubfyRIKFAofaYiDsF8Ueoh2BbpMNla&__tn__=-R

 

Based on the order in which Ho Ching shared her husband’s and his colleagues’ albums, it appears that she could have gone from wall to wall – between PM Lee, DPM Teo, Shanmugam and Khaw – scrolling down from most recent to older posts.

It is unclear why Ho Ching shared the albums she did, nor why she chose to only share photo posts or albums by the four ministers.

This is not the first time Ho Ching has caught netizens’ attention for her Facebook share sprees. Late last year, the head of Temasek went on a particularly intense floodposting spree, sharing over 100 posts within a short window of two hours.

Ho Ching shared posts then covering a variety of topics, such as environmentalism, warrior women, healthy eating, robotic butterflies, the korean missile crisis, art, diseases, government schemes, motivational quotes, crafts, national service, bitcoin trade, diamonds, the Jerusalem issue, and SMRT workers working on a Sunday.

She even shared a cat video.

https://theindependent.sg.sg/head-of-temasek-holdings-is-so-free-to-share-over-100-facebook-posts-this-morning/

Netizens question Nas Daily’s Nuseir Yassin calling PM Lee “one of the most powerful people in the world”

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It turns out that endlessly upbeat video blogger Vlogger Nuseir Yassin, whose Nas Daily show is followed by 8 million people around the world, is a huge fan of Singapore’s Prime Minister Lee Hsien Loong. He posted about his meeting with PM Lee on Instagram on September 9, and showed a photo of the two of them together at Gardens by the Bay, calling him “one of the most powerful people in the world,” something netizens have taken exception to.

It’s no secret that Mr. Yassin likes Singapore a lot, having featured the country in a very positive light in twelve of his daily videos. In his post that features PM Lee, however, he recounts how he celebrated in Singapore a year and a half ago, that he had reached the 100,000 follower mark.

Back then, he thought that it was pretty much the peak of his experience, since it had been so difficult to even get to 100,000 followers that 200,000 seemed out of the question.

Nevertheless he kept making videos every day, calling his work, “the most meaningful thing I could imagine doing.”

Mr. Yassin expressed his delight to be celebrating 8 million followers and to be meeting the Prime Minister of Singapore, who also watches his vlog, Nas Daily.

View this post on Instagram

1.5 years ago…I was in Singapore, at this exact location celebrating 100,000 followers alone. I had a feeling it was gonna be my last celebration because it was so hard to get to 100k that I didn’t think it’s possible to reach 200k. It honestly felt impossible. But I kept on making these videos: the good, the bad, the shallow and the average. Day after day after day. It was excruciating, but it was also the most meaningful thing I could imagine doing. And today, here we are at the exact same spot celebrating 8 million followers and meeting the Prime Minister of Singapore – one of the most powerful people in the world who also happens to watch Nas Daily. It’s amazing what obsessive, hard work and luck can get you. 128 days to go to finish this 1,000 day journey. And it’s only gonna get harder. Thank you for the picture and the ride: @projectnightfall

A post shared by Nas Daily (@nasdaily) on

He ends his post with “It’s amazing what obsessive, hard work and luck can get you. 128 days to go to finish this 1,000 day journey. And it’s only gonna get harder,” since he announced that his blog will be ending soon.

On his post, Mr. Yassin received congratulations from many of his followers.

However, many Singaporeans questioned the blogger calling PM Lee “one of the most powerful people in the world.”

 

Some netizens wondered if by “powerful”  maybe  Mr. Yassin meant “well-paid”

 

One netizen expressed that for them, the vlogger no longer has credibility.

Lonely Planet votes Malaysian laksa over Singaporean Chilli Crab

The friendly food rivalry between Singapore and Malaysia is still ongoing these days, with recent articles on the battle of supremacy between the hawker markets in the two countries. But worldwide travel guide Lonely Planet seems to have made up its mind in favor of the Malaysian dish, by quite a margin, in fact.

Lonely Planet released its Ultimate Eatlist, a new book detailing 500 food experiences all over the globe. The good news—both Singapore’s chili crab and Malaysia’s Laksa made it to the top twenty.

The not-so-good news (for Singaporeans, that is) is that while the chili crab made it to number 17 on the list, Laksa is actually ranked at number 2, beat only by pintxos, which are small Spanish snacks.

Now, 17 out of the 500 best food experiences all over the world is no small achievement, but we have to admit that in this round of the food wars, Laksa beat Chili Crab hands down.

Lonely Planet describes laksa this way,

“Rich and creamy curry laksa is just about as tasty a bowl of food as you will find anywhere on the planet, but it’s in Malaysia, and in particular in Kuala Lumpur, that you’ll find some of the best ways of eating it. Here are fantastic little hawker centres tucked into the shadows of towering skyscrapers, and at Madras Lane, just off Petaling St, you’ll come across competing curry laksa stalls vying for your attention.

Pick the one with the longest queue and when you have the bowl in your hands choose a plastic chair (make sure it’s connected to the stall where you bought your laksa or you’ll be in trouble) and begin the swoon-worthy, sweat-inducing process of eating. Come again the next day to try the neighbouring stall’s version. A heady mix of spices and flavours (such as fresh turmeric, galangal, chilli, candlenut and shrimp paste) go into the curry mix, which, when combined with coconut milk, creates the signature fiery orange appearance of the noodle soup. Two types of noodles (thin rice and thick egg), along with shredded chicken, shrimp, cockles, tofu puffs, bean sprouts, a sprinkling of fresh chilli and mint and a squeeze of lime, make up the rest of the lip-smacking ingredients. It’s an only-in-Malaysia experience.”

Other Asian dishes made it into the top 10 as well, including sushi (Tokyo) in third place, papaya salad som tum (Bangkok) in fifth place, mixed rice Bibimpap (Seoul) in eighth place and dim sum from Hong Kong in tenth place.

As Asians, it’s easy for us to see why these dishes were included in this best-of list, but what could be so special about the Spanish snacks that are in first place?

Ultimate Eatlist says that these snacks, which are known as tapas outside of the Basque region of Spain, are typically consumed at a bar-hopping experience in San Sebastián.  They range from small open sandwiches to otherworldly gastronomic delights such as battered white asparagus, mushrooms braised with garlic, or a tuna and anchovy tart, best enjoyed on a lazy Sunday afternoon after a long nap, where you go out, see where people are eating and what they’re eating, and follow suit.

We can understand now why the list is not just about the food itself, but the whole experience that comes with it!

Here is the list of the top 20 food experiences from Ultimate Eatlist:

1. Pintxos in San Sebastián, Spain

2. Curry laksa in Kuala Lumpur, Malaysia

3. Sushi in Tokyo, Japan

4. Beef brisket in Texas, USA

5. Som tum in Bangkok, Thailand

6. Smørrebrød in Copenhagen, Denmark

7. Crayfish in Kaikoura, New Zealand

8. Bibimbap in Seoul, South Korea

9. Pizza margherita in Naples, Italy

10. Dim sum in Hong Kong

11. Ceviche in Peru

12. Pastéis de nata in Lisbon, Portugal

13. Oysters in Freycinet, Australia

14. Cheese experiences in France

15. Jerk chicken in Jamaica

16. Lamb tagine in Marrakech, Morocco

17. Chilli crab in Singapore

18. Moules frites in Brussels, Belgium

19. Peking duck in Beijing

20. Pho on the Hau River, Vietnam

Netizens agree with lawyers that proving lack of consent in marital rape will be difficult

Some lawyers are of the opinion the proving lack of consent where there are accusations of marital rape will be a difficult matter due to the nature of both marriage and consent itself.

This issue has arisen recently because of proposed changes to the penal code, including the abolition of immunity for cases of marital rape.

Groups from both the legal and women’s rights communities have applauded this proposal.

However, many lawyers feel that this issue is not cut and dried. Criminal lawyer Ramesh Tiwary says that defining what consent actually is and how explicit that consent must be, is complicated. “If you had a continuing and lengthy relationship like a marriage, I think you’ll have greater complications. Are you supposed to get consent from your wife every time?”

Rajan Supramaniam, the managing director of Hilborne Law says that sexual intimacy complicates consent in marital relations. “Whatever transpired is very private between them and that makes it difficult to find the truth.”

According to the head of the criminal department at Quahe Woo and Palmer, Sunil Sudheesan, “It’s anybody’s say as to whether there was consent or not if there are no injuries,” and so police look for signs such as force in order as determinants of marital rape.

The executive director of the Association of Women for Action and Research (AWARE), Corinna Lim, agrees that proving marital rape may be difficult, but that incidents of domestic violence could corroborate it. “Timely medical examination, witness testimony, eyewitnesses before or after the assault, secondary witnesses and possible admission by perpetrator on texts can all help to secure conviction like any other sexual assault case.”

And the difficulty of finding proof does not mean that a crime can be ignored.

Many women choose not to report marital rape because of the stigma involved, and some victims do not believe that the law is on their side, says family therapist Evonne Lek.

Under the present law, a man could be convicted of marital rape under circumstances such as if he and his wife have been living separately or if the wife has filed for a personal protection order (PPO), separation or divorce before the alleged offence.

Rajan Chettiar, a family lawyer, says that in ten percent of the cases presented to him, there has been forced sexual contact from the husband.
“This is usually raised by the female client when she wishes to file for divorce. We will use this fact as an example of the husband’s unreasonable behaviour towards the wife, which is a reason to file for divorce under the Women’s Charter.”

Should the immunity for marital rape be completely removed, there will certainly be changes, perhaps even some women not coming forward, since a criminal case would have severe implications on the husband, including income loss, which would affect the whole family.

Ms. Lim from AWARE believes that the abolition of immunity for marital rape should be accompanied by an education campaign on “sexual violence to dispel traditional gender roles and victim-blaming myths.”

Many netizens seem to agree with the lawyers and even had questions of their own.

  

 Others voiced their support for the proposed amendments

   

Some thought it may be time to revise the Women’s Charter

Others believe that cases of marital rape showed that there is something wrong in the relationship

One commenter tried to get to the bottom line of the issue

Others tried to make light of it, however

Stamford Land files defamation suit against Mano Sabnani

Stamford Land Corporation Ltd announced on Sunday, September 9, that the company has filed a writ of summons against Mano Sabnani, who is a minority shareholder with the company.  Mano Sabnani serves as the Chairman & CEO at Rafflesia Holdings Pte Ltd,was the Former Chief Executive Officer/ Editor-in-Chief at TODAY and the Former Managing Director at DBS Bank.

The company issued an announcement that legal proceedings against Mr. Sabnani had begun and that the Plaintiffs in the proceedings, which include the company’s directors Ow Chio Kiat, Ow Cheo Guan, Ow Yew Heng, Lim Teck Chai Danny and Mark Anthony James Vaile, are claiming damages from Mr. Sabnani for statements of a defamatory nature that he made on four occasions: the Annual General Meetings on July 2016 and July 2018, a Facebook post dated July 27, 2018 and in a letter to the Business Times (BT) on July 31, 2018.

According to the announcement, Mr. Sabnani issued defamatory statements that were intended to disparage the company’s directors in their profession and business, thereby injuring their reputations, and that these statements said that the directors had  “breached their fiduciary duties to Stamford Land” and were “guilty of offences under the Companies Act.”

Furthermore, the directors denied the statement Mr. Sabnani made in his Facebook post and in the letter to (BT), that he “was told that there was water in the toilet and I could quench my thirst there.”

The announcement, written by Lee Li Huang, the Chief Financial Officer and Company Secretary of Stamford Land, ended with a statement that shareholders would be informed of further developments.

According to Mr. Sabnani’s letter to BT on July 31, entitled “Stamford Land board’s high-handed conduct at AGM leaves bitter taste,” he was so “dismayed” by the behavior of the chairman and certain members of Stamford Land Corporation’s general meeting on July 27 of this year that he left while the meeting was still going on. Per Mr. Sabnani, he had been “vilified, bullied and made to feel totally unwelcome as a minority shareholder” just for asking “a few hard questions.”

At the meeting, shareholders were only allowed to ask one  question each. Mr. Sabnani claims that he had asked why the company has three Chief Executive Officers and why they had received S$6.5 million from Stamford Land for 2017. He wrote, “The chairman (executive chairman Ow Chio Kiat) alone received at least S$4.75 million, much more than the S$1.77 million paid to the top five management personnel in the company.” 

Mr. Sabnani says he did not receive a clear answer to his question.

Awhile later, he also spoke to the assembly concerning the dividend resolution. “The company paid three cents in dividends in 2014 when earnings per share were 3.1 cents and the debt position was much higher. Now, with practically no debt and earnings per share at 6.5 cents, the dividend proposed is just one cent.”

The chairman had answered saying that cash was needed to be conserved for future needs.

Mr. Sabnani questioned the dividend policy, writing to the Business Times, “Due to its poor dividend policy in the last three years, the shares have not performed at all. They traded at 64 cents in 2014 and now languish at 47.5 cents despite the net asset value (NAV) rising from 57 cents in 2014 to 60 cents at end of FY March 2018. The dividend yield at the NAV of 60 cents is only 1.7 per cent versus about 3.5 per cent on the Straits Times Index. The company seems to have no idea of capital management and how it could raise returns for shareholders through higher regular dividends and the likely resultant higher valuation in the market.”

Mr. Sabnani also made a point at the end of his letter, saying that there was not a large attendance at the Chinese Cultural Centre  where the meeting was held, and that the attendees were not even given water to drink while the board members drank freely from their water bottles.

He wrote, “I was told there was water in the toilet and I could quench my thirst there. That’s how I felt when I left the meeting: in the water closet!”

On September 4, Benedict Tan, General Counsel for Stamford Land Corporation Ltd also wrote to the Business Times denying the accusations of Mr. Sabnani, and saying that a letter had been written to its shareholders on August 31 and posted on SGXnet in response to the allegations.

Mr. Tan’s letter denied that the number of questions from shareholders was restricted, and said that the management and board of directors did not ask anyone to quench their thirst in the toilet. 

He also answered the points Mr. Sabnani raised concerning the declaration of dividends and the renumeration of the company’s CEOs, saying that these “rose in accordance with the formula adopted by the Board following the advice of an independent human resource consultant, which were then reviewed by the independent remuneration committee of the Board, and adopted by the Board (with each of the directors abstaining from voting on his own remuneration); and as explained at the 2018 AGM, the company took into account the potential earnings forecast of the company, the sustainability of the current dividend over the course of the next few years and the resources required for Stamford to undertake any projects for the coming years, when declaring its dividends.”

Audi explodes into flames along Killiney Road, driver and passengers flee scene

Yesterday evening, a black Audi exploded into flames along Killiney Road, with its three passengers fleeing the scene. No one was harmed in the incident, but according to Shiera, 35, a security guard on duty at a condominium nearby, the police are still on the lookout for the driver.

https://www.facebook.com/shiera.umairah/videos/1192863474184917/

The incident took place at about 6.25pm in the evening. The driver of the Audi deployed his emergency brake before him and two other passengers ran out from the car. Security guard Shiera said that the car then exploded into flames, with the fire coming out very fast from the bonnet, and breaking the windshield. Shiera added that she was about to check on the driver and the passengers when the car burst into flames.

According to her, two firemen arrived at the scene by 6.32pm, followed by two fire engines and three police cars.

She alleged that the police were trying to find the driver. After the flames on the car were extinguished, the police can be seen emptying the contents of the car boot.

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Dashed hopes and expectations: Israeli startups view China with a wary eye

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In the early days of 2012 to 2013, Israeli entrepreneurs and venture capitalists were ecstatic at the prospect of a potential new source of investment

The article Dashed hopes and expectations: Israeli startups view China with a wary eye was written by Rami Blachman for TechNode.

As you walk into the high rise office in central Tel Aviv overlooking Ayalon Highway, which cuts through this bustling Mediterranean metropolis, you feel the electricity in the air, a place that vibrates with energy. Tables everywhere are strewn with hardware components and paper pads, dozens of engineers and designers of all ages are slouched over computer screens in an open workspace. Yossi Wolf, CEO and founder, bids farewell with a warm smile to a team of executives from a major Asian smartphone maker on an advanced exploration visit.

This is Temi, a subsidiary of Roboteam, a designer and manufacturer of a personal robot capturing market share in the US defense and homeland security sectors, and through a separate subsidiary focusing on the civilian market in China. “Temi is the first robot that truly interacts with humans while providing flawless autonomous navigation, dynamic video and audio experiences, and advanced AI,” proclaims the company.

Yet Temi is a glaring exception, a nascent success story for Israeli startups in China. Despite courtship by Chinese investors from the private and state-owned sectors for several years, the hype so far has yielded little substance: According to IVC Research Center reports, Chinese companies accounted for as little as 1.1% and no more than 8% of all Israeli tech exits between 2015 and 2017.

In the early days of 2012 to 2013, Israeli entrepreneurs and venture capitalists were ecstatic at the prospect of a potential new source of investment, and a new market in China to rival the US. The wooing intensified when, in March 2017, President Xi Jinping and visiting Israeli Prime Minister Benjamin Netanyahu announced an innovative, comprehensive partnership between the two countries. But soon many of the hopes were dashed; by this year the sight of the endless flow of Chinese delegations into Tel Aviv’s Ben-Gurion International Airport has become a fixture in Israel, yet it is eyed with skepticism by members of the local tech community.

Temi stands out as one of a handful of Israeli startups and growth technology companies that have made headway in the Chinese market. The first major deal was the 2016 $4.4 billion purchase of Israel-based Playtika by China’s Giant Interactive. In the same year the billionaire former CTO of Alibaba, John Wu, led a China-based Series B syndicate that invested $50 million in Temi’s parent company Roboteam, as a follow-on to an earlier investment of $9 million. The syndicate’s investment was bolstered by orders of about 100,000 Temi units in China. Baidu is actively promoting Temi through its channels and is expected by some to invest up to $40 million in Temi’s next round of pre-IPO financing between  2018 and 2019, estimated in total to reach $120 million.

Also Read: Creating better lives at SLINGSHOT@SWITCH powered by Startup SG

Why has the promise of Chinese investment in Israeli hi-tech largely failed to materialize? First came the gap in expectations, then the peculiar difficulties and uncertainties that characterize the Chinese marketplace. China’s tech landscape is unchartered, high-risk territory for Israeli startups, with non-existing success models and no roadmap for commercialization.

Israeli entrepreneurs seek money and market access; the Chinese delegations come on learning and research expeditions, not with a checkbook. Israelis are enthralled by the welcoming speeches and banquets they received in China, but the Chinese see this as just the beginning of a beautiful friendship, sometimes taken aback by Israeli aggressiveness. It has become clear that the leading Chinese tech companies, including BAT (Baidu, Alibaba, Tencent), and VC firms are not yet as adept as their US counterparts in screening for and implementing earlier stage (e.g. seed, A-C round) cross-border deals, as are most of the deals originating in Israel.

Today, Israel’s tech sector, dubbed the Startup Nation, is a microcosm of Silicon Valley, with an intricate web of relationships, investments, and interests binding mother ship and satellite tightly together. With a negligible home market, for the past 25 years Israeli entrepreneurs have been turning to the United States to scale up, creating continual success stories and high profile exits such as Mobileye’s $15 billion acquisition by Intel, Waze, Datorama, Wix, SolarEdge, Indigo, and a growing list of privately-held unicorns including WeWork, Houzz, Elastic, Infinidat, Payoneer, Outbrain, Lemonade, just to name a few.

In contrast, there has been only sporadic activity originating in China. Baidu invested $3 million in video capture firm Pixellot in 2014, its first Israeli startup investment. In 2017 Alibaba partially acquired its first Israeli tech company, QR code startup Visualead, for an undisclosed amount, laying the groundwork for an R&D center in Tel Aviv. This followed a $5 million investment into the company in 2015. Chinese companies such as Alibaba, Lenovo, and HNA have invested in Israeli venture capital funds Jerusalem Venture Partners, Israel Canaan Partners, and i3 Equity Partners.

A report by market research firm IVC Research Center Ltd. and law firm Zysman Aharoni Gayer & Co. (ZAG/S&W) shows that venture capital investments in Israeli companies totaled $5.24 billion in 2017 in 620 deals, up 9% from 2016, with exits totaling more than $23 billion in 127 deals. In comparison, according to PricewaterhouseCoopers and CB Insights’ 2017 MoneyTree report, US VC funding in that year reached $71.9 billion in 5,052 deals; China’s came in second to the US with a record VC investment of more than $40 billion, or a 15% increase from the $35 billion seen in 2016, finds a KPMG analysis.

Despite the rosy figures and its prospects as a technology superpower, experts in China recognize shortcomings that hinder the country’s aspirations. Gaps in engineering talent, management, and specific technologies have prompted Chinese authorities to open up the domestic market and loosen regulation to attract foreign innovators. As a result, China currently is one of the most welcoming environments to foreign entrepreneurs, making a significant effort even in such thorny issues like IP protection, which traditionally has vexed foreign companies.

Also Read: When deep tech helps doctors see clearer

As protectionist walls are erected in the US, particularly vis-à-vis China, Israel emerges as a China-friendly outpost of American hi-tech, with its plethora of deep tech companies that carry that special “Silicon Valley DNA” coveted by China. Yet some in the Israeli government are worried about a backlash from the Trump Administration once Chinese involvement becomes overt and successful.

In the meantime, Chinese venture capitalists are beefing up their approach from passive observation to a more proactive pursuit that favors a long-term presence in Israel’s ecosystem, with the goal of cultivating their brand name among established local US and Israeli funds. They realize its strategic importance in this Great Power game, on the axis of knowledge flow between the incumbent Silicon Valley and the rising contenders in Beijing, Shanghai, and Shenzhen. Temi and former Alibaba executive John Wu are flag bearers in this new trend; the coming months will be decisive for those that wish to follow their trail.

The article Dashed hopes and expectations: Israeli startups view China with a wary eye first appeared on TechNode.

Photo by Toa Heftiba on Unsplash

The post Dashed hopes and expectations: Israeli startups view China with a wary eye appeared first on e27.

Source: E27

Housing needs of Singaporeans will be safeguarded assures Minister Wong

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Minister for National Development Lawrence Wong assured Singaporeans that the Government is committed to safeguard their housing needs across different life stages. He was answering a parliamentary question on the various new initiatives on public housing – whether the Ministry can clarify what Housing & Development Board (HDB) flat owners at different life stages should do to ensure that they will have a home for life and also an adequate nest-egg for retirement.

In responding to the question, Mr Wong said on Sep 10 that the Government has put in place strong support for Singaporeans to meet their housing needs across different life stages.

“We are committed to helping young Singaporeans own their homes, just like previous generations of Singaporeans.,” Mr Wong said; adding: “We will ensure HDB flats are kept affordable for first-timers, by selling them at subsidised prices and providing generous housing grants. In this way, Singaporeans will continue to have a tangible stake in the nation’s progress, and their housing asset will appreciate as the economy grows.”

Mr Wong pointed out that with evolving life circumstances which comes with changing housing needs, some families may subsequently choose to move to a larger flat, or near their parents or children for mutual care and support.

“They should be in a good position to do so, as they would have enjoyed some appreciation from their first flat. We also have schemes to help them live near their parents or married children, such as the Proximity Housing Grant, which was enhanced earlier this year,” he said.

He clarified that for seniors, not only were their housing needs were taken care of by the Government, but that the Government will also give them options to unlock the value of their flats.

“For seniors, the HDB flat provides a nest-egg for retirement. The Government is committed to providing home owners with many options to unlock the value of the flats for their retirement needs. For example, seniors can rent out a spare bedroom or right-size to a smaller flat and apply for the Silver Housing Bonus. They can also sell part of their lease to HDB under the Lease Buyback Scheme (LBS). We recently announced the extension of LBS to 5-room and larger flats so that more Singaporeans can benefit from the scheme.”

On Aug 20, Mr Wong announced that the Government’s Lease Buyback Scheme will be extended to all HDB flats, including 5-room and larger flats. Writing in his blog, the Minister said that the Lease Buyback Scheme “is a good scheme but it only applies to those living in 4-room or smaller HDB flats” at the moment.

Mr Wong said then: “The original thinking was that it would make more sense for those living in bigger flats to right-size. But there are seniors who prefer to age in place. Some also have grandchildren who come over to visit regularly, and would like a bigger space for the extended family.”

Adding: “After considering the matter carefully, I have decided to extend the LBS to all HDB flats, including 5-room and larger flats. This will enable many more Singaporeans to benefit from the scheme.”

Lease Buyback Scheme to be extended to all HDB flats – including 5-room and larger flats

Mr Wong said the Government upgrading programmes will on top of providing for Singaporeans’ housing needs, would also help to maintain the value of the HDB flats, and ensure they remain safe and liveable through their lifespan. It was recently announced that the HDB will implement the Home Improvement Programme for the next batch of flats built between 1987 and 1997; and will undertake a second round of HIP upgrading for HDB flats when they are about 60 to 70 years old.

In promising to keep the Housing & Development Board (HDB) in good condition, Prime Minister Lee Hsien Loong said in his National Day Rally Speech that his Government would be extending Home Improvement Programme (HIP) to include flats built up to 1997. With the extension to the Home Improvement Programme, about 230,000 more HDB households will benefit from the HIP.

Introduced in 2007, the Home Improvement Programme was offered to HDB flats built up to 1986 that had not undergone the previous Main Upgrading Programme (MUP). There are about 320,000 flats eligible for the HIP under this 1986 age-band. The HIP focuses on improvements within the flat and helps flat owners address common maintenance problems related to ageing flats in a systematic and comprehensive manner. There are two main components of work under the HIP – Essential and Optional.

Home Improvement Programme to be expanded to benefit 230,000 more HDB owners

Mr Wong said in his parliamentary answer: “The Government has announced ambitious housing plans for the next few decades. Singaporeans can do their part too, by planning ahead and making informed housing choices. Working together, we can continue to strengthen public housing and home ownership for current and future generations of Singaporeans.”

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Singaporeans stifled by number of rules imposed; fuelled by possible ban of smoking in homes

After discussions of the possible ban of smoking even in one’s home, Singaporeans have taken to the Internet to express concerns of being stifled by all of the regulations they gripe that are imposed on them. The bid to curb smoking in HDB flats has also once again triggered issues of home ownership, with many questioning, “After all, HDB flats do not belong to us, right?”

Online ‘meme’s can be seen flooding social media expressing concerns that Singaporeans face.

https://www.facebook.com/allsgstuff/photos/a.1993158977491488/2772016516272393/?type=3&theater

One netizen, Dan, took to Facebook with a meme about apartment blocks in the future as he saw it, where the blocks were being divided into ‘smoking blocks’ and ‘non-smoking blocks’. His projection was complete with a designated yellow box around the entire block to indicate the area in which people are allowed to smoke.

https://www.facebook.com/allsgstuff/posts/2772000689607309?__xts__[0]=68.ARA5pIXFjlJS-7VJE-GY3anjVgt-A4_F0RUDxg-6Pn-WkRI7M07dWXOkXro9dzCVOj-am4gpOkoNoblaljGzFlRl3B8FDGRwLnNEBnljzR-mb2m0r0_RR-ouTlH4U_Za44Q5NMT99RQbcnk7g-KVH87RhgMvNPLDckcY72J57dTk3b6ATHCV7w&__tn__=-R

Another, Francis ‘Gemuk’ Teo, griped about how even at coffee shops, rules on drinking hours were enforced a lot more, even asking patrons to leave by midnight.

https://www.facebook.com/sgag.sg/photos/a.378177495530578/2359759254039049/?type=3&theater

There were also memes created detailing the endless list of rules imposed upon HDB-dwellers by the year 2048.

https://www.facebook.com/allsgstuff/photos/a.1993158977491488/2770756253065086/?type=3&theater

 

 

Though these memes were created in jest, to shed some light-heartedness upon issues that have caused much discord in the country, they all do have a common underlying message amongst them.

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