28/08/2018

Is the ground sour?

Update 28 Jul 2019: Lee Hsien Yang - Today’s PAP is no longer the PAP of my father. It has lost its way

Mr Lee Hsien Yang (LHY), son of late founding Prime Minister Lee Kuan Yew and brother to Prime Minister Lee Hsien Loong, expressed his support for the newly formed Progress Singapore Party headed by former PAP MP, Dr Tan Cheng Bock.

In a Facebook post on Sunday evening, Lee backed Dr Tan’s party and echoed his sentiments that the ruling party has “lost its way”.

“I wholeheartedly support the principles and values of the Progress Singapore Party. Today’s PAP is no longer the PAP of my father. It has lost its way.”

read more

Lee Hsien Yang July 28 at 7:01 PM

I wholeheartedly support the principles and values of the Progress Singapore Party.

Today’s PAP is no longer the PAP of my father. It has lost its way.


read more

Lee Hsien Yang vouchers "Cheng Bock is the leader Singapore deserves
Lee Hsien Yang described Tan as "the leader Singapore deserves"

In a message of congratulations to Dr. Tan Cheng Bock, who announced on Friday, January 19, that he is returning to the political sphere with the Progress Singapore Party, Lee Hsien Yang called Dr. Tan “the leader Singapore deserves.”

This latest salvo seems particularly pointed, given that Lee is the younger brother of Singapore’s current Prime Minister, Lee Hsien Loong.

His post reads:
  • “Congratulations to Tan Cheng Bock and the Progress Singapore Party. I have known Cheng Bock for many years and he has consistently put the interests of the people first. We are fortunate that he has stepped forward to serve Singapore.
  • I only recently learned that Cheng Bock had his first clinic at Ama Keng at the far end of Lim Chu Kang Road, a remote and poor area. I didn’t know it at the time, but this was very close to where I used to serve as a young armour officer at Sungei Gedong.
  • Today, Cheng Bock will groom future Parliamentarians who will serve our country and people before party or self. This is good for the future of Singapore. Cheng Bock is the leader Singapore deserves.”

read more

Time for the 4G leaders to tackle it

Singapore celebrates its 53rd year as an independent nation with much to be proud of. The city has been transformed, the economy is humming along even if it's not quite buzzing the way it used to, and Singaporeans live in peace and stability.


What's not to be happy about?


Yet, there seems to be a certain sourness on the ground, with more grumbling than usual about issues especially to do with the Government. In the many chat groups I belong to, more people seem to be getting worked up. The latest was over ministerial salaries, always an evergreen topic but recently stoked up by comments made by former prime minister Goh Chok Tong, now Emeritus Senior Minister.


read more

ST Editor panicked over ground sourness urges PAP 4G leaders to do something

Former ST Editor-in-Chief Han Fook Kwang who is now an Editor-at-Large wrote an article today ('Is the ground sour? Time to tackle it', 26 Aug) highlighting the growing sourness and grumbling on the ground.

"There seems to be a certain sourness on the ground, with more grumbling than usual about issues especially to do with the Government," Mr Han observed. "In the many chat groups I belong to, more people seem to be getting worked up."

Mr Han also observed that earlier this month, a doctor wrote to ST revealing that many of his patients from the different varied backgrounds were badmouthing the government in front of him.

read more
HO Ching 12 hrs

I have no view one way or other about who deserves what.

I have however, one view about tables of comparison like the one given in the article.

One big difference is the clean wage system in SG - ie no other perks in kind during office, and no pensions or other benefits after leaving office in SG.

In most, if not all, other countries, they would have many other perks during term of office, like butlers and hairdressers, free flights on national airlines, even family holidays, etc; and quite a number like the USA would include perks after end of term of office.

I do have one more view about pay for public service, whether for political office or “do good” areas like social services.

read more

Ho Ching, please stop dissembling and tell us how much you earn as a Gov employee

Thirdly and most importantly why is Ho Ching talking about her husband’s salary while she ignores the elephant in the room, which is what she is paid and which she refuses to disclose. If Piyush Gupta is paid $12 million p.a. while the head of SingTel earns over $20 million (including share options), then she must be paid several times that. We cannot just be stonewalled in Parliament by the fiction that Temasek is a private company. I have said many times over the years that it is extremely likely that she is paid more than $100 million a year and has earned more than a billion dollars while she has been at Temasek. Yet her remuneration is treated like a state secret and guarded as closely as the size of our reserves. And when she talks about a “clean” salary without any perks she and her husband need to explain why they are using the Gulfstream owned by Temasek’s subsidiary, ST Aerospace, and whether it is available for her to use for private trips as CEO. Neither does she reveal whether her family money is invested alongside Temasek’s making use of inside information and getting cut in early on special deals.

It is clear that Ho Ching occupies much the same role as Kwa Geok Choo did for LKY. While LKY was paid an obscene salary by the standards of other world leaders, the real money was being scooped up by his wife in her role as head of Lee & Lee. My father was able to establish that Lee & Lee were the preferred lawyer for the HDB’s conveyancing though at the expense of losing our family home. It was probably her that LKY was referring to when he said in 1994 that lawyers were able to make $4 million p.a. Like LHL’s mother, Ho Ching is able to make the real money while her husband is paid a meagre pittance of only $2.2 million p.a.

I wonder who is really richer: the Najib and Rosmah Show or our very own first couple. I guess we will never know.


read more

Lee Hsien Yang last Wednesday

Temasek announced its results yesterday. No surprise that it still didn’t disclose Ho Ching’s salary. Why is it such a big secret?

http://theindependent.sg/the-secret-that-is-ho-chings-sala…/


The secret that is Ho Ching’s salary – will we ever know?

The annual remuneration of the Chief Executive Officer (CEO) of Temasek Holdings seems to be the most well-kept secret, with Singaporeans asking, questioning and even speculating what that elusive number could be.

With Ho Ching heading the fund for the past 16 years, since 2002, many push for some transparency.

One Singaporean, Philip Ang, did some calculations and comparisons on his blogIn a post, he wrote, “Although Temasek Holdings manages our state reserves and should be transparent, the PAP government has legislated senior management executives’ remuneration state secret”.


Lee Hsien Yang questions: Why is Ho Ching’s salary such a big secret?

After the announcement yesterday (July 9) that Temasek Holdings, Singapore’s state investment firm, reported a record net portfolio value for the last financial year, many, including Prime Minister Lee Hsien Loong’s younger brother, have been asking about why its chief executive officer (CEO), Ho Ching’s salary remains shrouded in secrecy.

PM Lee’s brother, Lee Hsien Yang, took to Facebook earlier today to point out an obvious, but hidden, piece of the puzzle. He wrote, “Temasek announced its results yesterday. No surprise that it still didn’t disclose Ho Ching’s salary”.

The younger Mr Lee also questioned, “Why is it such a big secret?”. Along with his post, Mr Lee Hsien Yang also shared the following article: The secret that is Ho Ching’s salary – will we ever know?


Lee Hsien Yang: Why is Ho Ching’s salaries a big secret?

The estranged brother of the Prime Minister has hit out at his sister-in-law calling for the government to declare Ho Ching’s salaries:

“Temasek announced its results yesterday. No surprise that it still didn’t disclose Ho Ching’s salary. Why is it such a big secret?”

Through nepotism, the Prime Minister’s wife was made the CEO of Temasek Holdings in 2003, despite having no experience in fund management and being an engineer by training.


Why our Leaders continue to earn Heavenly Income

While all you guys are focusing on the salary and bonuses, what you guys missed is that our dear gov had removed ALL pension scheme from Singapore BUT kept it only for themselves.

Apparently, all ministers of more than 2 terms will get Full Pension till death. So you kick them out all you want, they will still be laughing all the way to the bank everyday till the end of their life.

I was'nt able to believe it when I was told about this, can someone please tell me I was wrong


Firing an Employee Is Hard to Do. Even a Bad One
Put your fears behind you and do the right thing for your business and your employees

It's a tough decision to let someone go from your company. But when you get to the point of making that decision, you may be too late. You gave second chances, you tried to get the person to come around, and you stayed positive until that point that pushed you over the edge. Then you said to yourself,  "I should have let the person go months ago."

Here are some more things to remind yourself - the damage waiting can do in this situation:
  • They may have harmed the company morale and culture, not to mention they're probably miserable themselves. Why? By the time you let them go, the employees who work directly with them may be beyond aggravated.
  • You'll lose great people--Your employees may start to think that leadership "doesn't see it like they do," which could be true if you don't work closely with the person like their peers do. Their peers will see issues way before you do and may lose trust in your decision-making.
  • You might think they "hold the keys." You might have a manager or person who knows more than you about their area of expertise and you think, "If they're gone, who is going to take over?" You'll be surprised at who is ready to step up. You probably have an amazing person in the company ready to take over, change perceptions, and give an upbeat vibe to the team.
  • You might think "Everyone loves them." Stop being afraid that everyone will leave if they leave. If you feel they shouldn't be a part of the team, chances are, so do a lot of other people. A quick reality check with peers and people who work with them will tell you that in fact everyone doesn't love them, and people work at your business because they like what they do, not because of the person who just needs to go.

If you're thinking that you need to rid your company of someone who isn't a fit, it's probably too late, so just do it and allow everyone to move on.

read more

related:
It saddens me to see how Tan Cheng Bock has lost his way
Dawn of a new era in Singapore politics
Launch of Tan Cheng Bock's Progress Singapore Party
Tan Cheng Bock's new party will be 'unifying alternative' for Singapore
A 'Tan Cheng Bock & Lee Hsien Yang' Collaboration?
Top 20 Highest Paid Government Leaders
Is the ground sour?
ESM Goh: "Who are going to clean the tables?"
ESM Goh: "Ministers are not paid enough"
Can Singapore “Do a Malaysia”?
Goh Chok Tong & Tan Cheng Bock ‘do a Mahathir’?
An Opposition alliance under Tan Cheng Bock
ESM Goh wants 4th-Gen PM to be picked this year
Old Mahathir could be frosty with Singapore: New Mahathir?
GST hike: Damned if they do
In perverse fashion, the Malaysians might have done the PAP a favour
A Political Elite Class in Singapore?
The Chan Chun Sing Puzzles
Dawn of a new era, in our own backyard!
The protege toppled by his mentor
Paying high salaries to mitigate corruption
Maintaining Standards of our Civil Service
Singapore’s Corruption Control Framework
Business and Rules of Prudence