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Can Social and Political Views Affect Happiness?

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Ever wondered why Singaporeans are unhappy? A study recently published in the Journal of Applied Psychology may have some clues about why we are an unhappy bunch. The article analyzed data from 16 European countries and it came to some interesting conclusions in regard to the affect of politics on the happiness of citizens. The data came from the surveys of more than a million people between the years 1970 and 2002.

The study has two major points for its readers. The first is that people that live in more liberal societies tend to have a higher state of happiness irrespective of their own political view points and the other is that conservatives tend to be happier than liberals regardless of the type of society that they live in.

When you put the two findings together, it means that conservatives living in liberal societies will rate their happiness higher than most others do. And in the case of Singapore, the liberals in our conservative society are unhappy about the direction the government is taking.

Dr. Adam Okulicz-Kozaryn of Rutgers University in New Jersey is the study’s lead author and he explains it by saying, “Liberal governments tend to do more to shield citizens against certain hardships, such as unemployment and poverty, which can make people feel happier overall. On the other hand, conservatives rate their well-being higher than liberals because conservatives more readily support and rationalize the status quo, thus, believing that socioeconomic hardships are a result of individual shortcomings.”

In the study, researchers determined liberal governments from conservative governments by analyzing access to social services in the different countries and by the level of budgetary spending that their governments assign to social welfare programs.

To determine the political views of citizens and their level of happiness, the researchers used information from surveys that asked citizens to identify their political orientation and to rate their overall satisfaction with life.

Similar studies have been done in the past and in different regions of the world and, for the most part, they all tend to come to similar conclusions. However, there is debate within psychology as to why these results seem to exist.

While this probably will not do much for the individual citizen in regard to increasing happiness, it might be useful to governments. As the study author said, “Politics is everywhere, and our findings suggest that citizens are best served when governments and organizations work together by instituting policies that have been shown to increase citizens’ well-being.”

If only our politicians can take a leaf from this journal and implementing in our society – now, that would save them lots of worry.

New Artesyn Embedded Technologies Server Blade Optimized for Network Function Virtualization and Deep Packet Inspection Applications

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Artesyn Embedded Technologies announced the ATCA-7480, a new packet and server processing AdvancedTCA® (ATCA®) blade featuring dual Intel® Xeon® E5-2600 v3 processors, also announced by Intel. The power of the new Intel Xeon processor family combined with the blade’s high speed data paths between processors, up to 512 GB DDR4 memory and I/O enables short response times for database access and accelerated pattern matching, and can also help optimize routing decisions in virtualized network environments. Artesyn’s optional hardware accelerators, directly connected to the processors, can accelerate encryption/decryption algorithms and can greatly enhance throughput of encrypted data in security applications. Cost sensitive applications will benefit from the sixteen memory sockets, which means a developer can use lower cost, lower capacity DIMMs for applications that don’t require the full 512 GB potential memory capacity.

Using the recently announced Intel® XL710 network interface controllers, the ATCA-7480 features an Artesyn QuadStar™ backplane interface consisting of four 40G Ethernet networks that connect all the blades in a system. System integrators have the choice of combining channels to create different redundant and non-redundant topologies, depending on the application bandwidth and availability requirements. By integrating multiple ATCA-7480 blades with up to four 40G hub blades into a single shelf, applications can benefit from aggregate bandwidth up to 1 Tb/s in an appropriate ATCA shelf, such as Artesyn’s Centellis™ 8000. Also, the high thermal and cooling capability of Artesyn’s Centellis 8000 system, up to 600 W per slot, enables users to specify higher performance processsors or more cores on the ATCA-7480 blade, meaning up to 28 cores per slot and up to 336 cores per ATCA shelf.

Todd Wynia, vice president for communication products, Artesyn Embedded Technologies, said: “Network functions virtualization (NFV) was envisaged to bring enterprise cloud concepts to the telecom world. However, one challenge is that enterprise class servers, so ubiquitous in the enterprise cloud, do not provide the compute density, I/O bandwidth, and carrier-grade ‘hardness’ required by many telecom applications. Addressing these requirements, Artesyn has worked closely with Intel to provide the carrier-class server platforms needed to build an NFV node in a true telecom environment.”

Renu Navale, Director of Ecoystem Programs for the Communications & Storage Infrastruture Group at Intel, said: “Using the Intel Xeon E5-2600 v3 processor family with the features of the Intel® Data Plane Development Kit (DPDK) enabled Artesyn to create an incredibly compute-dense platform with extremely high interconnect bandwidth, a key requirement of today’s communications applications.”

The ATCA-7480 blade includes enabling software for Artesyn’s SDN/NFV solutions, including support for Intel DPDK-accelerated OpenVSwitch, OpenFlow and OpenStack plug-ins for managing virtualization services on the computing platform. The blade will also support Wind River’s Carrier Grade Communications Server, a fully integrated and feature-complete software platform that enables an NFV infrastructure to achieve the ultra-reliability and high performance mandated for telecom networks.

Artesyn has also joined the Wind River Titanium Cloud, an ecosystem of industry-leading hardware and software companies collaborating to pre-integrate and validate platforms to accelerate the deployment of NFV solutions.

Visitors to the Intel Developer Forum at Moscone West in San Francisco this week can see a live demonstration of the Artesyn ATCA-7480 blade with Artesyn’s SDN/NFV enabling software as part of the Intel® Network Builders Alliance demonstration.

My Birthday Wish For LKY: Be A Sage

By Ethan Guo

The older you are, the wiser you become. Does this adage really hold true?

At 91, Mr. Lee Kuan Yew has lived far longer than most of us would hope or be able to.

Having been Prime Minister, Senior Minister and Minister Mentor – not to mention the “founding father of modern Singapore” – his legacy is not in question.

If people were asked to describe him in one word, adjectives like “tough”, “brutal”, “stubborn” and “strong” might roll out. Resolute and determined, Mr. Lee seldom wavered in his decisions or opinion.

While no one would question his contributions towards nation building, many started doubting his relevance to today’s politics.

Make no mistake – Mr. Lee is as sharp as ever. Those who’ve had the chance to meet and converse with him recently say his brilliance shines through the ageing façade.

But his resistance to evolve and change made him a liability to a government struggling to identify with modern voters.

Thus following the 2011 general elections, Mr. Lee stepped down from the Cabinet in a sudden and surprising decision, offering our younger leaders “a clean slate”.

It was a sad way for an eminent leader of his stature to step away from the limelight.

With his clout and cache of goodwill, Mr. Lee was more than capable of gaining continued support. All he had to do was mellow with age.

As father of a nation, he had to be stern and adopt a no-nonsense approach. As grandfather however, he could afford to be the voice of reason, and to even pamper a little bit.

All he had to do, as the young would say, was “chill” and let go. Having famously said he’ll come back from the grave if anything went wrong in Singapore, letting go perhaps would’ve been a tall order.

But it’s certainly not impossible, and Mr. Lee would single-handedly be an example for all among our pioneer generation to keep up with the times, stay relevant, and adapt.

His knuckle-dusting days are over. We no longer want to see Mr. Lee taking on the opposition and “fixing” them. Not especially when we’re actually yearning for more opposition in parliament.

What we want is a well-respected sage who dispenses an alternative take, a view from someone who’s seen it all but doesn’t necessarily know it all. What we need is a mediator who could moderate between the resistant conservatives and the hawkish liberals. As a seasoned politician who’s governed for nearly 50 years, what is there for him to lose?

Alas perhaps it’s this “baby” of his that he’s too attached to. As the saying goes, we’ll always be three years old in our parents’ eyes. So too will Singapore always be stuck in its post-Independence days for Mr. Lee.

And similarly, as children, we always want our parents to trust and be proud of us. It’s time for Mr. Lee to believe in the country and the people he fostered, and to have faith that Singapore will not fail.

He’s no longer the head of our government, a mentor to ministers or even a minister in the cabinet. But it’s not too late for Mr. Lee to still be caretaker of our nation.

As caretaker, he need not reprimand or retaliate. He need only listen with an open mind and soothe with a big heart. That’s a lot to ask perhaps of a man who’s all-PAP at the very core. Yet it’s not impossible so long as Mr. Lee detaches himself from the sideshow and stays above partisan politics.

I would not have such expectations of any other man. But Mr. Lee is no ordinary man. And this is my one wish for him this year.

WTH is Chinese Privilege?

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In a recent article in the Malay Mail in Malaysia, Singaporean born Surekha Yadav portrayed Singapore as a racist country. Her article attracted much comments from Singaporeans who either agreed or disputed with her.

In her article, she alleges that the Singaporean Chinese enjoy more institutional, racialized and systematic privileges compared to other racial groups such as Malay and Indian.

This Chinese privilege, according to some critiques, is quite similar to the white privilege that is enjoyed by whites in Europe and the USA. The privilege works like a type of unseen opportunity of assets that are often unearned, but which the individual can depend on every day, even though they remain unaware of it.

“If you aren’t Chinese you need to justify your ‘Singaporeaness’, and even so you’ll never be quite as Singaporean as a Singaporean Chinese,” says Surekha.

One Singaporean Chinese, Prof Adeline Koh stands by this and says that the Chinese ought to shut up when the minorities speak up. She forgets that the minorities in Singapore are able to defend themselves. (Thank you Adeline, but there is really no need to stir the pot here)

Surekha talks about the banning of drums at Thaipusam. Perhaps, she is unaware that the ban was recommended by the Hindu Endowments Board and not by the Chinese community.

We should not take the racial harmony that we have in Singapore for granted. Racism exists in every country and the only place that may perhaps be devoid of it is in the moon.

Winners Chosen for SSW Singapore Edition

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The winners for this year’s regional Seedstars World startup competition have been chosen. The event travels to 30 countries where tech startups compete for a spot in the SSW finals to be held in February of 2015 in Geneva, Switzerland.

This was the second annual SSW event held in Singapore. The competition is based in Switzerland and supported by the venture builders Seedstars. For this year’s event, they teamed with their Singapore partner, the consultancy firm Galixo.

Alisee De Tonnac, the CEO of SSW, said of the competition,

“Seedstars World will hold its worldwide competition every year and we are expecting to grow exponentially to all the corners of the world and put all the fast growing startup scenes on the map. Indeed, our goal is to create THE network for quality entrepreneurs around the world and help entrepreneurs, accelerators/incubators, co-working spaces and investors to interact with one another.”

This year’s winner of the Seedstars World event for Singapore was the startup 6Degrees, the developers of a contact directory app for mobile devices. In taking first place in the event, the team at 6Degrees has won a spot in the SSW finals in Switzerland and the opportunity to pitch their idea to the grand jury of the final event.

Finishing just behind 6Degrees were the startups RingMD and CreoPop. RingMD took second place with a communications platform that is designed to connect patients and doctors and CreoPop was placed third with their 3D printer ink startup. While the judges were impressed by these competitors, their attempts fell short of winning first place and the chance to compete in the world finals.

On winning the opportunity to compete in Geneva, Niranjan Rao of 6Degrees said,

“Winning Seedstars Singapore means a lot to the 6Degrees and we’re excited to be representing Singapore on the final event stage.”

The winners of the 30 regional events will be invited to Geneva where they will participate in a four-day boot camp and then proceed on to the grand finale where they will present their ideas to the international jury. In the final event, the different startups are competing for an opportunity to win up to $500,000 USD in investment capital.

Amobee Completes Acquisitions of Adconion Direct and Kontera to Offer Cross Channel Digital Marketing Technology Platform and Solutions

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Amobee, the company defining digital marketing, announced today the completed acquisitions of Adconion Direct and Kontera Technologies, Inc. (Kontera), and the successful integration of all three companies under the Amobee brand. Amobee now uniquely offers marketers, agencies, publishers and operators the most advanced cross channel digital marketing technology platform and solutions with powerful intelligence at its core.

The worldwide digital ad spend will increase 16.7% in 2014, totaling over $140 billion and surpassing 25% of all media ad spend (eMarketer). With Adconion Direct’s expertise in cross channel digital marketing and Kontera’s unique digital marketing intelligence technology, Amobee is well positioned to lead the global digital marketing space by offering marketers the most effective way to reach, engage and retain customers on a global scale.

Kontera Brand Intelligence, now Amobee Brand Intelligence, analyzes the world’s content consumption patterns to produce real-time and historical intelligence, across mobile, web and social. The unique data, scale and analysis accessible through Amobee Brand Intelligence allows marketers to measure and benchmark their brands, to discover untapped marketing opportunities, and to inform marketing strategy and tactics.

Adconion Direct’s cross channel marketing capabilities in display, video, email and social are now coupled with Amobee’s mobile expertise and programmatic technology platform, enabling scale, sophistication and efficiency across all devices. The Amobee DSP SaaS platform now offers these combined capabilities, and will significantly increase advertisers’ ability to maximize their budgets for ultimate campaign impact.

Amobee’s digital marketing platform and technology, including Amobee DSP, Amobee Exchange, Amobee 3D, Amobee LTV and Amobee DMP, with over 800 million unique profiles, enable its customers to run targeted cross device digital marketing campaigns on a global scale with unparalleled ROI.

“The acquisitions of Kontera and Adconion Direct will solidify Amobee’s differentiated global position in the digital marketing technology space,” said Allen Lew, CEO, Group Digital L!fe and Chairman of Amobee. “The combined technology capabilities and the expertise of Amobee’s leadership team will enable the company to transform digital marketing.”

“In the fast growing digital marketing space, data and technology are game changers. By integrating Kontera and Adconion Direct into Amobee, we are now in the best position to lead the market with innovative, data-driven digital marketing technology,” said Mark Strecker, CEO of Amobee. “With Amobee’s world-class leadership team and deep technology expertise, we now have the essential ingredients for Amobee’s next phase of growth.”

“By unifying Adconion Direct and Kontera under the Amobee brand, we are now providing our customers with comprehensive digital marketing technology and solutions that enable them to connect and engage with consumers in highly measurable ways across all channels and devices,” said Kim Reed Perell, president of Amobee. “I am extremely passionate about Amobee’s collective future.”

“The explosion of data continues to be an important catalyst of the growing digital marketing space,” said Yoav Shaham, head of data at Amobee. “Combining the technologies of Amobee, Kontera and Adconion Direct, will allow us to offer our clients an even more robust Brand Intelligence platform to create effective marketing strategy.”

For more information about Amobee and its acquisitions of Adconion Direct and Kontera, please visit www.amobee.com.

About Amobee

Amobee is the company defining digital marketing. The company offers marketers, agencies, publishers and operators an innovative digital marketing technology platform and solutions. The Amobee platform enables its customers to run data-driven, targeted, cross channel digital marketing campaigns with unparalleled ROI on a global scale. Amobee is a division of SingTel’s Digital L!fe Group, which is focused on creating new digital growth engines to delight customers and disrupt adjacent industries. Amobee operates across North America, South America, Europe, Middle East, Asia, and Australia.

Displeased With Judiciary, Sue The Government For $50 Million Dollars

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Ho Soo Fong is an angry man. He came to the conclusion that he has been treated unkindly in court proceedings and even his company had been ill-treated, so he decided to act in person and commenced two actions – one in his personal capacity against the Singapore Government claiming damages of $50 million dollars; and the other in his capacity as the Managing Director of Ho Pak Khim Realty Co Pte Ltd against the Singapore Government claiming damages for $4.7 million dollars.

In his personal action,  he claimed that in proceedings ancillary to his divorce and related matrimonial proceedings, the judges made wrong orders and these orders were made with malicious intent or “humiliating, torturing and bullying” him.

Family Court Judges Angeline Hing and Jocelyn Ong were implicated in his claim along with Former High Court Judge Kan Ting Chiu for being malicious and bias against him.  It was also his case that all the judges plotted against him in issuing their respective orders.

In Ho Pak Khim Realty Co’s suit against the Government, Soo Fong claimed that in various proceedings concerning a claim against Ravitech Pte Ltd Former High Court Judge Lai Siu Chiu had “intentionally acted unfairly and bullied” his company. He also stated that Assistant Registrar James Elisha Lee in a damages assessment was “totally not correct”.  Not sparing the apex judiciary, he accused the three Court of Appeal judges of erring when they “supported Lai J’s decision”.

The Singapore Government, represented by Zheng Shaokai and Koo Zhi Zuan from the Attorney- General’s Chambers successfully applied for both matters to be struck off.

Justice Woo Bih Li, who heard both applications explained in his judgment that the actions do not disclose a reasonable cause of action for judges are immune from suits in relation to their exercise of judicial power and responsibility. He pointed out that this has been adequately legislated in Singapore but is also a longstanding tradition within the common law and has been well-recognised across commonwealth jurisdictions.

Ho Soo Fong was ordered to pay costs of $500.00 for each action struck out. One can say it is a small price to pay for an important lesson on judicial immunity from being sued. Next time, if you are displeased with a judge’s decision just file an appeal and coincidentally Ho Soo Fong has filed an appeal against both decisions which will be heard in due course by the Court of Appeal.

3 indications that show just how bad the Singapore residential property market is

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In Jan 2014, I wrote about why this year could be turbulent for property market stakeholders. In the recent weeks, there were some reports on how quiet the high-end property market in Singapore is. A casual observer may think that this is just limited to the high-end sector; in reality, the market malaise is probably more wide spread than what many people realise.

For those who are wondering just how bad the market is, here are 3 indicators to shed some light on the health of the Singapore residential property sector.

Indicator 1: The Property Price Index is on a downward trend

If you have been following the property market news, you would have read that the URA private property price index (PPPI) has been on a downward trend. But exactly how much has it dropped by and for how long?

Based on Figure 1, it can be seen that prices in the private property market, as a whole, have been dropping for 9 months (i.e. 3 quarters) and the total drop has been about 3%. While some may feel that a drop of 3% is not much, URA PPPI is only one indicator. To have a more complete picture, we should look at how much transaction volume has dropped by.

Figure 1: URA PPPI chart (2013Q1 to 2014Q2)

Duration URA PPPI % Change
2013Q1 213.2
2013Q2 215.4 1.0%
2013Q3 216.3 0.4%
2013Q4 214.3 -0.9%
2014Q1 211.6 -1.3%
2014Q2 209.4 -1.0%

Source: URA, Ascendant Assets Pte Ltd

Indicator 2: Significant drop in transaction volume

To give readers a sense of the transaction volume, a chart comparing the monthly changes between 2013 and 2014 is shown in Figure 2. Graphically, it can be seen that in some months, transaction volume in 2014 is less than half what it was for the same month a year ago.

Figure 2: Transaction volume comparison

Source: URA, Ascendant Assets Pte Ltd

Collectively, there were a total of 19,531 private property transactions from Jan 2013 to Aug 2013. In comparison, there were only 8,532 for the same period in 2014, which works out to be a drop of more then 56%.

Indication 3: Number of unsold units is increasing

Some readers may argue that low transaction volume may not be representative of a lacklustre market, as there may not be that many units on sale to begin with. However, when we look at the number of unsold units in the market, it is observed to be increasing.

Based on URA’s data, it can be seen that the number of private residential units (including EC) under construction that were launched and remain unsold is on an upward trend (see Figure 3). As at 2014Q2, there were more than 6,300 units still left unsold. With more new developments coming on line in the next few quarters, this figure looks set to increase.

Figure 3:Private Residential and Executive Condominium Units Under Construction with Pre-requisites for Sale and are Launched but Unsold

Source: URA, Ascendant Assets Pte Ltd

Conclusion

In conclusion, we are still in early days and the lacklustre market is expected to last for some time. Hence you may want to maintain a healthy dose of scepticism whenever you hear anyone who tries to present the property market in a promising light.

Even the Minister for National Development, Mr Khaw Boon Wan also recently commented that the property cooling measures are here to stay, hence it is quite unlikely that the property market will pick up in the near term.

For those who are looking to buy a property, perhaps you will start to see some good deals coming on line in the next few months. As for those who have over invested, you should be mentally prepared that the situation will only get worse before it gets better. And when we will reach the end of the tunnel is anyone’s guess.

 

TISG thanks CoAssets for this article which was first published here.

PAP Grassroots Leader Tells Unhappy Singaporeans to Get Out

Earlier this year a PAP official was seen telling Singaporeans that are unhappy with the state of affairs in the country that they should leave for other nations if they want to be happy. The message was sent out through social media and it stirred some controversy with many suggesting that it is a sign that the party leadership is losing touch with the common citizen.

The message came from a facebook post by PAP Assistant Secretary Calvin Teo. The message from Teo read,

“Some who always want to migrate out of Singapore, please do so quickly. There are many waiting to come in. Ppl going out happy, ppl coming in also happy, everybody happy.”

Understandably, this message did not resonate well with some of the citizens and it was met with a heated response from many. As an answer to some of the criticism, Teo later posted,

“…Not I happy that Singaporean moving out. It is those wanna move out, then move out, so that they can be happy. And the normal Singaporean can be happy, as there is no more nagging.”

These comments come across in a way that is rather callous and lacking in understanding. Many of the citizens that express unhappiness do so not out of a dislike for their country, but due to a level of dissatisfaction with certain aspects of the current condition. This is probably hard for a person of Teo’s position to relate to, as he is in a much better position to deal with many of the problems that face the average citizen.

However, it is important for individuals from all social positions and ethnic groups to try to understand each other if the country is to exist in harmony. Instead of advising unsatisfied citizens to leave, maybe as a leader, he should take some time to understand their concerns.

Who actually appoints Judges in Singapore?

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Who actually appoints Judges in Singapore? Whilst one can never actually be clear as the process of selection is clearly shrouded in secrecy but what is known is the Prime Minister consults with the Chief Justice and recommends Judicial appointments to the High Court. One can’t be very far off the mark to surmise that that with most appointments, it is the Chief Justice who would oversee the vetting process and recommend suitable appointments.

Since Chief Justice Sundaresh Menon took office, there has been quite a record haul of judicial appointments, especially the appointment of judicial commissioners. Earlier today 4 more judicial commissioners took their oath of office.

Ms Valerie Thean Pik Yuen, the daughter of former Justice of Appeal Judge LP Thean, will also be presiding judge of the Family Courts. She is joined by Ms Debbie Ong, Associate Professor of Law at National University of Singapore, famed for her many articles and insights on family law issues. She will clearly be a specialist judge presiding over matrimonial cases.

Ms Hoo Sheau Peng and Mr Aedit Abdullah have had distinguished careers in the legal service and now get elevated to the bench leading to a record 8 judicial commissioners.

It appears from the trend of appointments that specialist judges are preferred in the appointments. Thus far, it is apparent that judges with specialist knowledge in corporate law, intellectual property and family law have been appointed and its likely that specialization is the new trend for practitioners in Singapore.

Judges having specialist knowledge will undoubtedly raise the bar for practitioners in their presentation of cases as the Judges hold court knowing that there will no longer be judges ignorant of the law.