So I have been livingin Singapore, trying to adapt to another market people etc. One of the things that has definetly changed is how my interest in things is changing. I now enjoy watching CCTV, which is the english bradcasting wing of China. In the last one year I have travelled more that my entire life. I am truly growing comfortable being around Thai, Indonesian and Chinese people. I dont understand what they say in their languge, but a sense of belonging is creeping in. I love Asia, the diversity is tremendous, but what amazes me is how similar people are. Now I am not talking about work, but generally in life. I know people are similar, yet some how very different.
I actually am falling in love with teh Japenese with each passing day. their culture food and politeness. I never thought I could eat raw fish, but Shashimi makes you realize what you were missing in life.
I love the fact that Singapore a tiny half a city state is the center of economic power in SE Asia. YEs it can be a mixed bag some days, but you have to salute the spirit of these people, to become what they are. Proud SIngaporeans, truly they deserve that. I just wished they learnt better english skills. But then agian lah, What is Singapore without Singlish. Singlish is the human side of Singapore.
I also love Thai, Malay, Pinoy and Indonesian people. I love Indonesians the best, they are a happy buch, super hospitable and when they laugh, their sould can seen. Its clean and good.
I was watching a program on TV in my office reception, it was about the Meekong river, Asia's longest river. Its starts in Indochina ( Tibet and flows out at Meekong river delta). Meekong is the best example of Asia, its the same thing flowing, but its called different things in different courtries. But what I have realized is this- Asia-Its the same but different
Showing posts with label Singapore. Show all posts
Showing posts with label Singapore. Show all posts
Sunday, October 25, 2009
Wednesday, April 1, 2009
Highest paid politicians in the world
Dont see these guys taking a salary cut yeah:)
There is nothing like a scandal involving porn films claimed on Commons expenses to focus attention on the pay and perks enjoyed, sorry earned, by our public servants.
Even before Jacqui Smith, the Home Secretary, was forced to apologise for her husband's blue movies there had been calls for the whole system to be overturned. The committee on standards in public life which has promised to report on MP pay and expenses by the end of the year is under pressure to do something radical.
Whenever MPs come under attack over pay they are quick to argue that compared to executives in the private and public sector they are not particularly well paid.
With the G20 leaders in the country we thought it was worth getting a snapshot of how much the highest paid presidents and prime ministers around the world earn. For comparison's sake all earnings have been converted into dollars. It also shows basic annual salary only, not the expenses claimed on top.
So, where does our own Gordon Brown stand?
1. Lee Hsien Loong - Singapore
Salary in dollars - $2.47 million
Salary in local currency - S$3.76 million
2. Donald Tsang Yum-Kuen - Hong Kong
Salary in dollars - $516,000
Salary in local currency - HK$4 million
3. Barack Obama - United States
Salary in dollars - $400,000
4. Brian Cowen - Ireland
Salary in dollars - $341,000
Salary in local currency - €257,000
5. Nicolas Sarkozy - FranceSalary in dollars - $318,000
Salary in local currency - €240,000
6. Angela Merkel - Germany
Salary in dollars - $303,000
Salary in local currency - €228,000
7. Gordon Brown - UK
Salary in dollars - $279,000
Salary in local currency - £194,250
8. Stephen Harper - Canada
Salary in dollars - $246,000
Salary in local currency - C$311,000
9. Taro Aso - Japan
Salary in dollars - $243,000
Salary in local currency - Y24 million
10. Kevin Rudd - Australia
Salary in dollars - $229,000
Salary in local currency - A$330,000
Source: http://timesbusiness.typepad.com/money_weblog/2009/04/the-10-highest-paid-politicians-in-the-world.html
There is nothing like a scandal involving porn films claimed on Commons expenses to focus attention on the pay and perks enjoyed, sorry earned, by our public servants.
Even before Jacqui Smith, the Home Secretary, was forced to apologise for her husband's blue movies there had been calls for the whole system to be overturned. The committee on standards in public life which has promised to report on MP pay and expenses by the end of the year is under pressure to do something radical.
Whenever MPs come under attack over pay they are quick to argue that compared to executives in the private and public sector they are not particularly well paid.
With the G20 leaders in the country we thought it was worth getting a snapshot of how much the highest paid presidents and prime ministers around the world earn. For comparison's sake all earnings have been converted into dollars. It also shows basic annual salary only, not the expenses claimed on top.
So, where does our own Gordon Brown stand?
1. Lee Hsien Loong - Singapore
Salary in dollars - $2.47 million
Salary in local currency - S$3.76 million
2. Donald Tsang Yum-Kuen - Hong Kong
Salary in dollars - $516,000
Salary in local currency - HK$4 million
3. Barack Obama - United States
Salary in dollars - $400,000
4. Brian Cowen - Ireland
Salary in dollars - $341,000
Salary in local currency - €257,000
5. Nicolas Sarkozy - FranceSalary in dollars - $318,000
Salary in local currency - €240,000
6. Angela Merkel - Germany
Salary in dollars - $303,000
Salary in local currency - €228,000
7. Gordon Brown - UK
Salary in dollars - $279,000
Salary in local currency - £194,250
8. Stephen Harper - Canada
Salary in dollars - $246,000
Salary in local currency - C$311,000
9. Taro Aso - Japan
Salary in dollars - $243,000
Salary in local currency - Y24 million
10. Kevin Rudd - Australia
Salary in dollars - $229,000
Salary in local currency - A$330,000
Source: http://timesbusiness.typepad.com/money_weblog/2009/04/the-10-highest-paid-politicians-in-the-world.html
Google trying to take over your brain...
IS google trying to take over your brain?
Introducing Google Brain Search for mobile
Tuesday, March 31, 2009 11:34 PM
Ever had a word on the tip of your tongue but just couldn't remember it? Or perhaps blanked on a person's name in a socially awkward situation? Or even suffered memory deterioration due to ordinary aging or questionable life choices? If so, Brain Search for mobile may be for you. Using our new CADIE technology, we can now index the content of your brain to make it searchable, thus bringing you aided retrieval of memories. Check out this video to see how it works:Your phone already has an antenna, which can pick up wireless signals. CADIE technology modifies the input wavelengths so it can read brain waves. Go to the Brain Search App (here on a computer or here on a phone.) If you bring your phone to your forehead, your phone can index your brain, making it searchable. Since your phone is now modified to read brainwaves, you don't even have to type your search. Put your phone to your forehead and think your query, then click on "Search me". This is helpful in situations where you don't want onlookers to know what you're searching for, so you can feel comfortable asking personal things such as "What did I eat that's making me so gassy?" or "Did I ever go out with that girl? She looks vaguely familiar." And, since CADIE's artificial neural networks run faster than those of a human being, it is faster for her to search through your thoughts and memories than for you to do it yourself.Brain Search is available for the US, UK, France, Germany, and Italy, and on a number of different devices.
On Android and iPhone devices, Brain Search runs in the browser, taking advantage of HTML5 and Gears technologies.
On Windows Mobile devices, make sure you download and install the latest version of Google Mobile App. Click the Panda icon (CADIE's choice, don't ask us) to get to Brain Search.
On Blackberry devices (US and UK only), make sure you download and install the latest version of Google Mobile App. Type "Brain Search" in the search box. You'll get a link to Brain Search in the search suggestions below. To get started on any of these, go to google.com on your mobile device, and click the Brain Search link.Don't forget. Brain Search.
Introducing Google Brain Search for mobile
Tuesday, March 31, 2009 11:34 PM
Ever had a word on the tip of your tongue but just couldn't remember it? Or perhaps blanked on a person's name in a socially awkward situation? Or even suffered memory deterioration due to ordinary aging or questionable life choices? If so, Brain Search for mobile may be for you. Using our new CADIE technology, we can now index the content of your brain to make it searchable, thus bringing you aided retrieval of memories. Check out this video to see how it works:Your phone already has an antenna, which can pick up wireless signals. CADIE technology modifies the input wavelengths so it can read brain waves. Go to the Brain Search App (here on a computer or here on a phone.) If you bring your phone to your forehead, your phone can index your brain, making it searchable. Since your phone is now modified to read brainwaves, you don't even have to type your search. Put your phone to your forehead and think your query, then click on "Search me". This is helpful in situations where you don't want onlookers to know what you're searching for, so you can feel comfortable asking personal things such as "What did I eat that's making me so gassy?" or "Did I ever go out with that girl? She looks vaguely familiar." And, since CADIE's artificial neural networks run faster than those of a human being, it is faster for her to search through your thoughts and memories than for you to do it yourself.Brain Search is available for the US, UK, France, Germany, and Italy, and on a number of different devices.
On Android and iPhone devices, Brain Search runs in the browser, taking advantage of HTML5 and Gears technologies.
On Windows Mobile devices, make sure you download and install the latest version of Google Mobile App. Click the Panda icon (CADIE's choice, don't ask us) to get to Brain Search.
On Blackberry devices (US and UK only), make sure you download and install the latest version of Google Mobile App. Type "Brain Search" in the search box. You'll get a link to Brain Search in the search suggestions below. To get started on any of these, go to google.com on your mobile device, and click the Brain Search link.Don't forget. Brain Search.
Ongoing Recession and Survival With Help From Outsourcing
Economies the world over are nose diving and situation has been getting bleaker by each passing day. Facing the worst recession in the recent times, most of the big corporate houses have gone for massive revamping, including down-sizing staff strength, cutting down on fringe benefits to employees, cutting down on other expenses, freezing on any capital outlay etc.
In such gloom, how does one survive? Is there no solution to this recession? When will this gloom end?
The answers to all the above questions lie in the fundamentals of Economics. The entire economy floats on the balance of demand and supply. Any fluctuation in one is bound to impact the other. However, for the entire economy to function smoothly, the factors of demand and supply cannot be left alone to function. For some products, the demand-supply theory works independent of any interference. But, for some products, the theory behaves erratically and it becomes critical for inducements to smoothen the erratic behavior. These erratic behaviors & inducements become necessary in difficult times like recession.
Let's take the example of two diverse products: Motor Cars and Wheat. While wheat is a food item and is a commodity that will never lose any slump in demand. The only impact the demand-supply theory has on Wheat is in the pricing of the product. If the demand is higher than the supply, prices will do up and vice-versa. The product however will continue to be produced and consumed no matter what is the condition of the economy.
At the other end of the spectrum is Motor cars. This is a product which is mostly touted as a luxury, rather than a necessity. Therefore, the impact of economic conditions have far-reaching effects on this product, far higher in magnitude than they have on products like Wheat. Of course when the economy does not have any spikes, the demand-supply theory has an impact on the pricing of the motor cars, but when the economy is facing recessionary pressure, the survival of the very product can become questionable.
Today's economy has become far too complex than it was during the times of Keynes or Adam Smith when most of the basic tenets of Economics were issued. Today, each product is inter wined with other products in an economy and the economy of one nation is inter wined to the economy of the world. So, any impact on one product in any part of the world can have repercussions on the world economy. That is precisely the reason why today the entire world is facing its worst ever economic debacle.
The chain started when the housing mortgage bubble burst and banks & financial institutions lost millions of dollars. this resulted in contraction in funds availability. This in turn had a negative impact on businesses and general people. While some businesses found it difficult to get additional funds for expansion or new ventures, many others found it difficult to meet working capital requirements. This in turn propelled businesses to take stringent actions like saving every penny and cutting down on costs, including reducing staff strength. This in turn had a highly negative impact on general people. Because of the spreading gloom and imminent unemployment, people blocked their expenditures. This had a dual effect on the economy. While the products in the "necessity" brand did not face grave danger, the products in "luxury" brand took a real hit. This in turn had more businesses shutting down and more people getting unemployed.
In such a scenario, economy can be revived by increasing any one of the three spending components: Consumption, Investment or Government expenditures.
Governments the world over have been taking the third component seriously with the hope that it would create employments and induce positive sentiments in people to loosen their strings. But the desired effect is yet to be seen. It is predicted that the Government spending would have the desired effects but would take time, maybe a year or so.
If the sagging economy has to be restored faster than that, recourse has to be taken with the other two factors as well.
It is here that small businesses and outsourcing come into play. During these gloomy times, a small business has to survive first to see the positive effects of Government spending. And this is where outsourcing helps. With the technology having advanced to a level where distance does not matter, one has to look at options of cutting down costs and surviving, and then generating surplus funds to spend, which combined with others' spending would have positive impact on the economy.
A small business shall look at the various options available today to cut down cost. If until yesterday overheads were higher because of in-house operations, it would make sense to outsource them and reduce them further to reduce the pressure on revenue. For a hotel/restaurant or for a garage, accounting is an overhead that can be easily outsourced and costs saved, for an accounting firm, data entry can be outsourced.
While taking the decision for outsourcing, the businesses have to strategically devise their policies so as to take the best advantage of resources available the world over. Abundant availability of certain resource at one place needs to be evaluated with the rules & regulations governing that place as well as with the political stability of that place in order to ensure that outsourcing does not fail because of external factors. Other factors that need to be taken care has already been discussed, including data security, communication compatibility etc.
Thus, instead of looking at outsourcing as a problem, it would be in the interest of businesses and countries to look at it as a tool to beat recession!
Steve is a qualified accountant (Indian CPA) and co-founder of APT Services, the fastest growing outsourced accounting service provider in India. Steve has over 10 years of expertise in audits, accounting (both US & Indian GAAP), payroll and tax preparation services. For details on services provided by APT Services, log onto http://www.aptservicesonline.com
Article Source: http://EzineArticles.com/?expert=Steve_S_Walker
In such gloom, how does one survive? Is there no solution to this recession? When will this gloom end?
The answers to all the above questions lie in the fundamentals of Economics. The entire economy floats on the balance of demand and supply. Any fluctuation in one is bound to impact the other. However, for the entire economy to function smoothly, the factors of demand and supply cannot be left alone to function. For some products, the demand-supply theory works independent of any interference. But, for some products, the theory behaves erratically and it becomes critical for inducements to smoothen the erratic behavior. These erratic behaviors & inducements become necessary in difficult times like recession.
Let's take the example of two diverse products: Motor Cars and Wheat. While wheat is a food item and is a commodity that will never lose any slump in demand. The only impact the demand-supply theory has on Wheat is in the pricing of the product. If the demand is higher than the supply, prices will do up and vice-versa. The product however will continue to be produced and consumed no matter what is the condition of the economy.
At the other end of the spectrum is Motor cars. This is a product which is mostly touted as a luxury, rather than a necessity. Therefore, the impact of economic conditions have far-reaching effects on this product, far higher in magnitude than they have on products like Wheat. Of course when the economy does not have any spikes, the demand-supply theory has an impact on the pricing of the motor cars, but when the economy is facing recessionary pressure, the survival of the very product can become questionable.
Today's economy has become far too complex than it was during the times of Keynes or Adam Smith when most of the basic tenets of Economics were issued. Today, each product is inter wined with other products in an economy and the economy of one nation is inter wined to the economy of the world. So, any impact on one product in any part of the world can have repercussions on the world economy. That is precisely the reason why today the entire world is facing its worst ever economic debacle.
The chain started when the housing mortgage bubble burst and banks & financial institutions lost millions of dollars. this resulted in contraction in funds availability. This in turn had a negative impact on businesses and general people. While some businesses found it difficult to get additional funds for expansion or new ventures, many others found it difficult to meet working capital requirements. This in turn propelled businesses to take stringent actions like saving every penny and cutting down on costs, including reducing staff strength. This in turn had a highly negative impact on general people. Because of the spreading gloom and imminent unemployment, people blocked their expenditures. This had a dual effect on the economy. While the products in the "necessity" brand did not face grave danger, the products in "luxury" brand took a real hit. This in turn had more businesses shutting down and more people getting unemployed.
In such a scenario, economy can be revived by increasing any one of the three spending components: Consumption, Investment or Government expenditures.
Governments the world over have been taking the third component seriously with the hope that it would create employments and induce positive sentiments in people to loosen their strings. But the desired effect is yet to be seen. It is predicted that the Government spending would have the desired effects but would take time, maybe a year or so.
If the sagging economy has to be restored faster than that, recourse has to be taken with the other two factors as well.
It is here that small businesses and outsourcing come into play. During these gloomy times, a small business has to survive first to see the positive effects of Government spending. And this is where outsourcing helps. With the technology having advanced to a level where distance does not matter, one has to look at options of cutting down costs and surviving, and then generating surplus funds to spend, which combined with others' spending would have positive impact on the economy.
A small business shall look at the various options available today to cut down cost. If until yesterday overheads were higher because of in-house operations, it would make sense to outsource them and reduce them further to reduce the pressure on revenue. For a hotel/restaurant or for a garage, accounting is an overhead that can be easily outsourced and costs saved, for an accounting firm, data entry can be outsourced.
While taking the decision for outsourcing, the businesses have to strategically devise their policies so as to take the best advantage of resources available the world over. Abundant availability of certain resource at one place needs to be evaluated with the rules & regulations governing that place as well as with the political stability of that place in order to ensure that outsourcing does not fail because of external factors. Other factors that need to be taken care has already been discussed, including data security, communication compatibility etc.
Thus, instead of looking at outsourcing as a problem, it would be in the interest of businesses and countries to look at it as a tool to beat recession!
Steve is a qualified accountant (Indian CPA) and co-founder of APT Services, the fastest growing outsourced accounting service provider in India. Steve has over 10 years of expertise in audits, accounting (both US & Indian GAAP), payroll and tax preparation services. For details on services provided by APT Services, log onto http://www.aptservicesonline.com
Article Source: http://EzineArticles.com/?expert=Steve_S_Walker
Wednesday, March 25, 2009
I will prevail
Good morning people, atleast in my part of the world its good morning. Today I bagged my first contract in Singapore. Its my first win, cant tell you how happy I am. Despite all the challenges that one is faced with. I have decided is I am here to stay, like it or not I will be around. I have come through a lot to be where I am, nobody or nothing is going to stop, so help me GOD. The last six months have been a roller coaster, often i wondered if i made the right move coming to Singapore. Slowly I am realizing, its not going to be an easy ride, but once I am trhough it, I will look back at this and say, I MADE it! its a very small win, but the confidence it gives me is phenomenal. Here's to winning guys, go after your dreams, it may seem bad sometimes but its worth it, One day it is:)
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