Saturday, May 28, 2022

28/5

Video

Ronaldo - Motivation

https://www.ted.com/talks/amanda_jones_time_management_the_unexpected_enemy_to_success

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Editing Examples:






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What changes would you like to see in your school ?

If you were to see the number of suggestion slips stuffed into my school's Suggestion Box, you would be shocked. Granted, some of the suggestions are rubbish but I do agree with many of them. There are many ways in which my school could be improved, many weaknesses that need seeing to.
Firstly, and most importantly, teachers in all schools should realize that they are responsible for their students' future. This is especially true for children from less affluent homes who cannot afford to supplement the school's teaching with extra tuition. Teachers should not shirk their responsibilities towards their students.

I am emphasizing this point because some teachers do not seem to feel the slightest obligation to do their job well nor the slightest feeling of guilt when their students fail in the examinations. In fact, in my school, teachers are sometimes found sipping coffee or even having a snack in the school canteen when they are supposed to be in class teaching.

Of course, there are teachers who are truly committed to their job and do deliver the goods. They stay up late into the night to finish correcting their students' work and to prepare effective lessons for their students. Some teachers will even devote Saturday mornings to conducting extra-curricular activities, such as the Scouts movement. Now, if only all teachers were like this!

Furthermore, wouldn't the school be a much better place to spend our adolescence if we did not have to cope with teachers who vent their foul moods on us? We should not have to walk on eggshells because our teacher has had a bad day.

Another aspect of the school that needs changing is the set of school rules. Some are so irrational or petty! Take, for example, the rule on short hair for boys. What is the rationale behind this? Do the people in authority believe that everyone with long hair will turn out to be a thug or a villain? Well, look at Hitler: he had very short hair and he almost caused the extinction of the entire Jewish race!

On the other hand, punishments for serious acts of indiscipline should be made more effective, even if they have to be harsher. These days, students may get away with only a warning or a "booking" for offences such as breaking the school's tables, chairs and even doors. I strongly feel that these vandals should be made to pay for what they have destroyed.

Furthermore, I feel that criminal action should be taken against students who beat people up, or threaten to do so, to extort money from them. If you behave like a criminal, you should be treated like one.

Another area that needs reform is the school curriculum. One major problem is the subject called "Moral Education". You just cannot learn good morals the way you learn any other academic subject, memorizing facts for examinations. Good morals have to be internalized. So, "Moral Education" should either be taken off the school curriculum after primary school or changed to emphasize practical application rather than "head knowledge".

Our school hours take up a large portion of our day. Let us spend these hours usefully, in a secure, caring, fun-filled atmosphere. Our school years take up a large proportion of our lives. This is the time that we are molded, intellectually and morally. Help us to grow into worthy citizens of our nation.
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Should our school examination system be abolished ? Give reasons for your stand.

From primary school to the end of their tertiary education, students face the daunting task of preparing for examinations every single year. So much time and emotion is poured into preparing for examinations.

Advocates of the system contend that annual examinations are a good way of training children for the stress of life after school - where deadlines and sales quotas need to be met, and work completed methodically and with minimum fuss.

Government examinations are also said to be the necessary yardstick for measuring the capability of each person for further education or employment.

Yet, are examinations an accurate yardstick? A person's true abilities may not be shown by written examinations. Take Winston Churchill, for example. He was a school dropout and yet he became one of England's greatest statesmen, a national savior in World War II. Clearly, some talents and forms of ingenuity go undetected in examinations.

Another problem related to our system of examinations is that teachers become too "exam-orientated". They race through the syllabus so that they can cover everything in it in time for the examinations regardless of whether their students have understood the material. The weaker students often end up the victims in this race -- they are left far behind the rest of the class. They become more and more discouraged as they understand less and less of the lessons, to the point that they hardly care if they pass or fail. Sadly, this attitude will be carried with them into adult life.

What about the "swots"? Well, speaking as one, I confess that I often wonder whether it is worth it. We rush from one tuition class to another and we spend most of our time studying for tests and examinations, or doing our homework. All through the school semester, we only have one thought in mind: to excel in the examinations. Is this really living?

A related point is that some students are so occupied with their studies that they do not develop their potential in other fields. It is true that there are many clubs and societies in the school. However, many students just do not have the time to make full use of these extracurricular activities. They have to study, study, study. So, our emphasis on examinations is indirectly producing people who are only trained to study and reproduce facts rather than well-rounded individuals.
In conclusion, while I realize that it will be impossible to do away with all examinations, I feel that they should be given less importance within the school system. For example, instead of basing entry qualifications on one examination, students should also be evaluated through the cumulative marks of tests and assignments. Furthermore educationists, employers, parents and the students themselves should always be reminded that the results of examinations are not equal to the sum of the net worth of the individual.
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"Friends should never hide anything from each other." Do you agree ?

No man is an island. Everyone depends on his friends to a certain extent. Ever since man formed a system of verbal communication, all people have been in constant chatter with one another. Relationships are important to man, so much that people may shape their entire lifestyles simply to find favor with their clique or circle of friends. Therefore, much caution must be applied when dealing with our friends, especially in our speech. So then, must we always tell our friends the whole truth and nothing but the truth or is it sometimes simply none of their business?

One thing is clear: finding out that your friend has lied to you always hurts. In cases where lies have been told to hurt you or other parties on purpose, the friendship will never be the same. If the lie caused you great damage, the friendship will not be salvageable. Who would want a treacherous person for a friend? Yet, even when the matter is not of great importance, little lies can lead to the spoiling of relationships. I have a friend who often tells little untruths. Sometimes, he exaggerates circumstances a little, just to impress others, sometimes he tells half-truths to get out of trouble, sometimes, he makes up stories just to entertain his friends. Personally, I just do not feel comfortable with him. You see, I just never know whether he is telling the truth or one more of his little lies.

Apart from the question of maintaining credibility, sharing one's problems and joys with a friend can also be helpful as we deal with the problems of daily living. As the saying goes, shared joy is double the joy and shared sorrow is half the sorrow. Sharing the good times can brighten up a friend's day if he feels down. Sharing one's problems and despairs with a friend will bring forth the encouragement and advice we need to hear. Sometimes simply having an ear to hear our heart's cries and knowing that someone understands us will make us feel better. People have been saved from suicide just by having a friend to listen to their troubles.

It is clear, then, that some things need to be said to our friends without any twisting of the truth. However, there are times when telling a friend too much can also lead to problems. An all-too-common example of such a time is when one hears rumors. Gossip can start simply because someone thought a rumor was true and shared all her thoughts on the rumor with a friend. The friend, who actually had no real knowledge of the matter, passed all her thoughts and ideas to another friend and so on and so forth. The final result can be a mangled product which could really hurt the parties involved. The thing to do about rumors is not to spread them, even if you have strong opinions, about them.

Another noteworthy fact is that sometimes, telling the truth may be worse than saying nothing. If an ugly girl with an inferiority complex were to ask you if she was unattractive, it would be a very bad idea to tell her just how unattractive she was. One must use his discretion in such situations, stressing on her good qualities, of course. Telling the whole truth in this case would destroy her remaining shreds of confidence.

In conclusion, I feel that friends, even the closest of friends, need not tell each other everything they know or feel. Some matters, of course, should be discussed with friends, while some others should be hidden. We have to balance our love for truth with the practicalities of the situation. Not being perfect, we are bound to make mistakes, of course. So, one must then be prepared to make up with our friends, apologizing for our verbal blunders and forgiving them for theirs. Well, that's what friendship is really about -- accepting people for what they are, imperfections and all.  

 


Thursday, March 17, 2022

Marketing In the New Media

Marketing In The New Media

Colin Ong Tau Shien


Many people are subscribers to at least one of these streaming platforms – Netflix, Disney+ and Amazon Prime. Could the reason be that digital devices have the power and mobility (of size) to bring programmes to the consumers? There is now little distance between viewer and device.


Furthermore, with the global success of Netflix’s The Squid Game, which is in the Korean language, and yet to be shown in the movie theatres, almost everybody is walking with a portable cinema cum word processor. With the further explosion of Tiktok, everybody can create short music videos that incorporate relatable narratives, short music anthems and some light shuffling.



 

So how can companies present their corporate brand and narratives using these platforms?


 


Here are some suggestions:


Corporate Story-telling:


Netflix normally produces a series with 5 episodes of 50 minutes each. This provides a rough template of how a company can commission a private film company to produce a Netflix-ready mini-series about the founding of the company till its current success. This is also a good opportunity to boost corporate recruitment and to gain new customers. However, this idea must have the support of everybody across the organisation thus even the planning and strategizing of the massive project can also be filmed and used as a training video.


Trending:


Companies can brainstorm a catchy dance or jingle and create a Tiktok or Twitter trending exercise. It should have a memorable tune with a simple, professionally-choreographed dance that caters to people of all ages. One suggestion is to go to a retail area and spend a few hours interviewing customers and asking questions about their positive experience with the company. This can then be made into a short Tiktok montage of about 3 minutes. With the proper preparation and professional execution, the company’s corporate brand will have an indelible positive impression which cuts across different generations and cultures.


Short Reality TV Programme:


Everybody loves a reality TV programme that shows their favourite retail organisation under the public bright lights. The programme can showcase the search for a senior vice-president of marketing and the public will be encouraged to join the show. The reward? Well, a job in your organisation and training perks. In the midst of the Covid pandemic, getting a stable and well-paying job will be a definite draw for many to want to participate. It is obvious that those participants who did not make the cut will also be given opportunities of working in other positions or be brand ambassadors. Thus this idea is a win-win for all.


E-gaming:


The global reach of e-gaming has reached gigantic proportions. E-gaming has now hooked the attention of people from all generations and cultures. It has become a very big industry that is able to draw a large audience on various platforms. In addition, with the slow global roll-out of physical shopping, many families choose to keep their activity online and this includes e-commerce, online movies and e-gaming.


Organisations can be much more creative and bid for their products and services to be incorporated into the narratives of e-games. Research has shown that this form of advertising has a stronger stickiness as compared to other traditional outdoor billboards. Thus the advertising dollar is more efficiently utilised and can solidify brand awareness, especially to the Gen Zers.


Innovative and Eco-friendly Competitions:


Lastly, globalisation has allowed competitions to be played amongst different people and nationalities without leaving the comfort of the computer keyboards. Furthermore, 5G and better computer processing can allow players to have a virtual and realistic competition experience without adding too much to the carbon footprints of each participant.


Tuesday, September 14, 2021

15/9 SSTC

The Washington Post  What the Epic v. Apple lawsuit means for the gaming industry

1

U.S. District Judge Yvonne Gonzalez Rogers ruled Friday that Epic failed to prove that Apple is a monopolist and, as such, it now owes Apple revenue commissions as back payment. The judge also ruled that Apple cannot keep developers from directing customers to alternative payment methods outside its App Store, citing California competition laws. The ruling also has massive implications for ongoing antitrust suits in the gaming industry and particularly for the mobile gaming world.

2

Gonzalez Rogers’s decision means developers can funnel iOS users to other payment methods, cutting Apple out of some commissions and increasing their own profit margins.

3

“This verdict … opens a path for tremendous [profit] margin expansion for developers,” said Dan Burkhart, CEO of Recurly, a subscription management and billing platform.

4

“I expect all the developers to include links to their own purchasing mechanisms. Obviously, not all gamers are going to click on that link, but we will finally have some meaningful competition in digital mobile gaming transactions,” said Florian Ederer, associate professor of economics at the Yale School of Management. “I also expect it to have big incentives for innovation in mobile gaming because game developers will get to keep some of the 30 percent of revenue that they had to hand over to Apple.”

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Boeing sees full commercial air recovery by 2024 TUE, SEP 14, 2021 - 8:43 PM

1

[NEW YORK] Boeing said on Tuesday that the commercial aviation market should fully recover by 2024 from its pandemic slump, as the industry giant lifted its aerospace forecast for the next decade.

2

Boeing projected a US$9 trillion aerospace market over the next decade, up from the US$8.5 trillion outlook a year ago, according to its annual market outlook report.

3

"As our industry recovers and continues to adapt to meet new global needs, we remain confident in long-term growth for aerospace," said Boeing chief strategy officer Marc Allen.

4

"We are encouraged by the fact that scientists have delivered vaccines more rapidly than imaginable and that passengers are demonstrating strong confidence in airplane travel."

5

Compared with last fall's projection, Boeing now sees increased orders for commercial planes and aviation services over the next decade, and the same level of demand for defence and space as previously forecast.

6

"We've lost about two years of growth," Darren Hulst, vice-president for commercial marketing at Boeing, said in a media briefing. "However, we see a recovery to pre-virus levels by the end of 2023 or early 2024." Looking further out, Boeing said the 20-year growth outlook "remains intact", with passenger travel averaging four per cent annual growth, above the 2.7 per cent in global economic growth expected over this period.

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Open these presentations and review


Influence on decision-making

Influence on decision making

5.6

Investment Appraisal

Investment Appraisal 

6.3

Diversification

Diversification

6.4.

Change Management

Change Management

Tuesday, August 31, 2021

MOB 1/9

HR - Cost of Living 




Case- study - SMRT Electric Vehicles

SINGAPORE - Commuters will be able to catch a ride on one of SMRT's new fully electric taxis as 15 MG5 station wagons decked out in bright green livery hit the roads on Monday (Aug 30).

This is the first batch of 300 China-made electric taxis that will be rolled out here by the end of this year in a reported $30 million deal between SMRT's taxi arm, now called Strides Taxi, and distributor Eurokars.

Temasek-owned SMRT currently operates the third largest cab fleet in Singapore with around 1,780 vehicles, all of which are hybrids.

It plans to fully electrify its taxi fleet by 2026.

When all 300 MG5 electric cabs hit the roads, Strides Taxi is expected to be the taxi operator with the largest fleet of electric vehicles here, SMRT said.

To encourage drivers to take up these greener cabs, which have a range of 300km on a full charge, SMRT said it is working with industry players such as SP Group and Shell to provide discounts on charging.

Early adopters of the MG5 cabs will get free rental and unlimited charging for the first 30 days. They will be able to tap 140 public fast chargers at 80 locations islandwide, and can expect to save about $300 a month in energy costs compared with driving hybrid cabs.

It takes 40 minutes to charge a MG5 taxi to 80 per cent capacity.

Rental for these new electric cabs are comparable with existing hybrid models, said cabby Ban Kum Cheong, 50, who is one of the early adopters.

SMRT said the 300 electric taxis will help to reduce annual carbon emissions by up to 10 tonnes. A fully electric taxi fleet will reduce the taxi operator's annual carbon emissions by 20,000 tonnes.

Senior Minister of State for Transport Amy Khor, who was at the launch event, said cabbies driving electric taxis may have to make adjustments when it comes to charging their vehicles, vehicle maintenance, as well as driving habits.

She added: "I am glad that Strides Taxi has rolled out a package of measures to support these taxi drivers as they make this transition... I want to encourage the other taxi and PHC (private-hire car) operators to also join in this push to go green and be more environmentally friendly, and to electrify their fleets."

Case-study - Ronaldo 

Case-study - Video-Gamers





Thursday, July 15, 2021

Thursday, July 1, 2021

Study History

1

The purpose of historical inquiry is not simply to present facts but to search for an interpretation of the past. Historians attempt to find patterns and establish meaning through the rigorous study of documents and artifacts left by people of other times and other places.

2

The study of history is vital to a liberal arts education. History is unique among the liberal arts in its emphasis on historical perspective and context. Historians insist that the past must be understood on its own terms; any historical phenomenon -- an event, an idea, a law, or a dogma for example -- must first be understood in its context, as part of a web of interrelated institutions, values, and beliefs that define a particular culture and era. Among the liberal arts, history is the discipline most concerned with understanding change. Historians seek not only to explain historical causality--how and why change occurs within societies and cultures. They also try to account for the endurance of tradition, understand the complex interplay between continuity and change, and explain the origins, evolution, and decline of institutions and ideas. History is also distinguished by its singularly broad scope. Virtually every subject has a history and can be analyzed and interpreted in historical perspective and context; the scope of historical inquiry is bound only by the quantity and quality of surviving documents and artifacts.

3

It is commonly acknowledged that an understanding of the past is fundamental to an understanding of the present. The analysis and interpretation of history provide an essential context for evaluating contemporary institutions, politics, and cultures. Understanding the present configuration of society is not the only reason to study the past; history also provides unique insight into human nature and human civilization. By demanding that we see the world through the eyes of others, that we develop a sense of context and coherence while recognizing complexity and ambiguity, and that we confront the record not only of human achievement but also of human failure, cruelty, and barbarity, the study of history provides us with a richly-textured, substantive framework for understanding the human condition and grappling with moral questions and problems. History is essential to the traditional objectives of the liberal arts, the quest for wisdom and virtue.

4

There is another reason to study history: it's fun. History combines the excitement of exploration and discovery with the sense of reward born of successfully confronting and making sense of complex and challenging problems.

--Frank Luttmer (1996)

Loch Ness

The History of the Loch Ness Monster by Ellen Castelow

1

The Great Glen in the Scottish highlands is a rift valley 60 miles long and contains three famous lochs; Lochy, Oich and Ness. The most famous of these is Loch Ness because of the monster said to ‘lurk’ in its deep waters. It is deeper than the North Sea and is very long and very, very narrow and has never been known to freeze.

2

There have been numerous sightings of the monster, affectionately known as ‘Nessie’.

3

The first recorded account is of an eyeball to eyeball confrontation with the Irish saint, St. Columba in the 6th century. St. Columba, so the story goes, ordered one of his monks to swim across the loch and fetch a boat. Halfway across the monster appeared and rushed at the swimmer, roaring in a most frightening way! Columba cried out to the monster,” Go no further, nor touch the man! Go back!”. The monster is said to have fled!

4

Since then, Nessie has been seen many times but has never harmed anyone. Sightings have been sporadic over the centuries, but in the 20th century Nessie has been more active, which has had a profound affect on local business!

5

1933 was the year when the first photograph was taken of the monster, or what is said to be the monster. It showed something with a long neck arched over a thick body. This photograph, taken by a London surgeon caused a sensation when first published in the Daily Mail. The circus owner Bertram Mills, who was travelling via the Loch on his way to Inverness, offered a £20,000 reward (the equivalent of £2 million today) to anyone who could capture the monster for his circus, but so far no one has claimed the reward. It could be said that Mills was quite the entrepreneur since the reward brought many flocking to the Loch and both sightings and ticket sales to the nearby circus were on the rise! 

6

In 1951, Lachlan Stuart, a forestry worker who lived beside the loch, also managed to photograph the monster, if that is indeed what it was. He saw three humps in the water appear in line and ran back to his house to get his camera. After taking one photograph his camera shutter jammed, but his photograph got wide publicity as further proof of the existence of Nessie.

7

Interest in Nessie became intense and over the years several scientific investigations have taken place. In 1961 the Loch Ness Phenomena Investigation Bureau was formed and even two submarines have been brought into the search with sonar experts on board! When the submarine Pisces was diving off Castle Urquhart, where the water is 950 feet deep, a vast underwater cavern was found. Was this Nessie’s home?

8

Indeed the most recent ‘sighting’ was in May 2007, when Gordon Holmes, a lab technician, took a video of what he described as ‘this jet black thing, about 45 feet long, moving fairly fast in the water’. The video was broadcast by BBC Scotland and on STV’s North Tonight programme. The credibility of the video has however come into question; amongst other concerns, the video does not include any objects or features by which the size of the ‘thing’ can be measured.

9

It appears that the existence of ‘Nessie’ remains to be proved.


Published: February 9th, 2017.


Saturday, December 26, 2020

Can Apple's new car lift the global economy?

 Contact me: colinongts@hotmail.com if you need GP/Econs/MOB Tuition

The Joshua Bell Experiment

 Contact me: colinongts@hotmail.com if you need GP/Econs/MOB Tuition


Is there a magical percentage of vaccinated people needed?


The important question: Is there a magic % of the number of people needed to be vaccinated to let foreigners enter safely? 

If a country reopens too soon, the virus may start infecting again. If the country is too cautious, there may not be economic pickup.

Contact me: colinongts@hotmail.com if you need GP/Econs/MOB Tuition

Wednesday, March 16, 2016

Serenity

I am at peace with the world.

Enjoy to the fullest

I love how Japanese learn to live life to the fullest outside work. Very active people.

It is ok to fail

Don't set lower standards in order to succeed. It is ok to fail. Victory will taste sweeter.

Saturday, March 12, 2016

Looking out Looking in

Sometimes we have to try to look out of our comfort zone to look into our inner thoughts and desires.

I am still at the airport.

Going to Japan.

Tuesday, October 6, 2015

Monday, September 21, 2015

Saturday, December 21, 2013

3D printing

My first experience with 3D Printing. Blew my mind. Bye bye Lego!

Thursday, December 19, 2013

Jamaica

Jamaica has half the population of Singapore and much less average GDP per capita, but yet produces Tessane Chin, Usain Bolt and Bob Marley.

Population size is just one aspect of gaining national success.

Wednesday, December 18, 2013

My 3 Days in Sentosa

Here are some highlights...

Friday, July 23, 2010

Is there inelastic demand for 3D movies?

You be the judge after reading this article.

Is it relevant?

India developing the World's cheapest lap top

Read here.

But will it be relevant in today's world or just created a bigger digital divide?

School sports safe?

Please read my letter here for my thoughts about this.

How is it like to be a prodigy in Singapore

This is my article about how we can accommodate prodigies in our education system.

Read here

Goh Keng Swee Achievements

This is my writing about the achievements of GKS

Click here

Sunday, January 11, 2009

TMC Presentation


TMC 09

From: colinong,
8 minutes ago


TMC 09
View SlideShare presentation or Upload your own.






SlideShare Link

Friday, September 12, 2008

Definitions

Free trade area: A group of countries which removes tariff barriers between member countries but allows each member to decide on its own tariff policy towards non-members.

Discretionary policy: Deliberate Ds in govt expenditure &/or taxes.

Monetary policy: The use by govt of changes in the supply of money and interest rates to achieve desired economic policy objectives. They aim therefore to influence the level of economic activity. If they want to slow down the economy they may use contractionary (or deflationary) monetary policy. This is likely to mean: 1...increasing the level of interest rates 2...reducing the rate of growth of the money supply

GDP deflator: The index value used to eliminate the effect of inflation. Real national income is found by dividing money national income by the GDP deflator and multiplying by 100.

Purchasing Power Parity Theory: Suggests that the prices of goods in countries will tend to equate under floating exchange rates so that people would be able to purchase the same quantity of goods in any country for a given sum of money.

Protectionism: The practice of taking steps to protect what one sees as one's own interests & used to describe steps taken by countries to protect the domestic industries from foreign competition.

Fiscal drag: When people's money income rises, dragging them into higher tax brackets. Fiscal drag is therefore referring to the effect inflatn has on average tax rates. If tax allowances are not increased in line with inflation, and people's incomes increase with inflation then they will be moved up into higher tax bands and so their tax bill will go up. However, they are really worseoff because inflatn has cancelled out their pay rise & their tax bill is higher.

FDI: Overseas investment into a country by multinational enterprises. This investment is recorded as a credit in the balance of payments.

Barriers to entry: Obstacles to the entry of new firms into a market. May be technical barriers, legal barriers or barriers that arise from strong branding of the product.

Marshall Lerner condition

Definition: States that a devaluation (currency become weaker) will improve the current account balance (exports minus imports) if the combined price elasticities of demand for exports and imports are greater than 1

J curve effect

Definition: The tendency for a fall in the value of the currency to worsen the balance of trade before it improves the position.

Monetary transmission mechanism

Definition: The transmission mechanism of monetary policy is the way in which interest rate changes affect economic activity and inflation. The main impact is through the level of aggregate demand. Higher interest rates limit people's ability to spend and so reduce aggregate demand. However, there are a variety of other effects as well through expectations, asset prices and the exchange rate.

Keynesian

Definition: Believe that changes in government income and expenditure are the most effective instrument of government economic policy. Keynesians would argue for active intervention by the government to manage the level of aggregate demand to achieve full employment. They would argue that the economy can remain at equilibrium significantly below the level of full employment for some time.

Counter-cyclical demand management policies

Definition: Policies that are intended to manage the level of demand. The policy stance is opposite to the point in the economic cycle. In other words, if the economy is booming, then policy is fundamentally deflationary to prevent over-heating. If the economy, however, is in recession then the government's policy stance should be reflationary to kick-start the economy out of recession.

Measurable Economic Welfare

Definition: Adjusts GDP by adding the value of e.g. leisure time, D.I.Y. and unpaid housework and deducting expenditure on e.g. defence, police and road maintenance and negative externalities.

Human Development Index

Definition: Introduced by the UN in 1990, the index take into account not only the goods and services produced but also the ability of a population to use these and the time they have to enjoy them. It is a composite index based on real GDP per capita (PPP), life expectancy at birth and educational achievement that measures socio-economic development.

Automatic stabilisers

Definition: Changes in government expenditure and tax revenue which occur without any change in government policy as GDP increases or falls. Automatic stabilisers will help to dampen fluctuations in the trade cycle. An example would be that in a recession as unemployment rises, the government is forced to pay out more in benefits. This is an "automatic" increase in government expenditure. This increases aggregate demand and helps compensate for the lack of demand in the recession.

Tuesday, May 13, 2008

US and Imported Costs


How US get imported inflation

Sunday, May 11, 2008

True Value of the Singaporean Housewife


Got this from Sunday Times - Happy Mother's Day

Thursday, May 8, 2008

More Information about Myanmar Disaster

Mas' New Movie


He is still not forgotten...went to make a movie!

Global Poverty

Got this from the World Bank Site - good remembrance of problems in our world

Wednesday, May 7, 2008


Have been way behind in my blog postings... this chart from the Economist got me intrigued as I follow the news about the Cyclone tragedy in Myanmar.

Thursday, May 1, 2008

Spam Reaches 30!

Here is a New Scientist article about it.

Wednesday, April 30, 2008

The Mentee-Mentor Relationship

10 Reasons to be a Mentor

Man U is in the final!


This is one of my rare blog posting about Soccer - I am doing this because I stayed up to watch the entire match and witnessed Paul Scholes' beautiful strike!

Tuesday, April 29, 2008

LRAC

What To Look For In A Business Mentor

  • Thoroughly Understands Your Business Model
  • Good Communication Skills
  • A Good and Unbiased Listening Ear
  • Financial Resource
  • The Long View
  • Relevant Contacts
  • Experience