Democratization is still essentially a work in progress in our country. We have yet to complete the process since not much change has actually taken place. The kind of government established by our colonial masters, even forcibly at that, sadly remains. The elites still control much of the country, its economy and its politics. We barely look up to our public institutions. We are in awe at the sight of many of our public officials, but we don’t necessarily trust and respect them. In fact, we tend to look at our officials as the public institution itself, not a representation of it. This means we assume that the public office is completely at the disposal of the official occupying it, instead of the office effectively defining what the official can and cannot do. This could have changed significantly if only EDSA 1986 was anywhere near a real revolution. EDSA simply restored elites in power. People power happened because so much change was wanted and expected. And that was not the … [Read more...] about OPINION: The Duterte enigma: 3 years hence
Ambition enigma 3
SINGAPORE - Total distribution per stapled security (DPS) for CDL Hospitality Trusts (CDLHT) declined 3.7 per cent to 2.09 cents for the first quarter to March 31, from 2.17 cents a year ago. Total distribution to stapled securityholders, after retention for working capital, stood at $25.3 million, down 3.0 per cent from $26.1 million for the year-ago period. Revenue shrank 10.6 per cent to $46.3 million for the first quarter, while net property income (NPI) also fell 10.7 per cent to $33.8 million, the group reported on Tuesday (April 30) before the market opened. The lower NPI was primarily due to downtime at two of CDLHT's properties - Orchard Hotel in Singapore and Dhevanafushi Maldives Luxury Resort in the Maldives - which both had ongoing renovation works. Interest expense for Q1 rose by $1.3 million, mainly because of additional loans for the acquisition of Hotel Cerretani Florence in Italy, renovation works and higher funding cost. CDLHT is a stapled group comprising CDL … [Read more...] about CDL Hospitality Trusts posts 3.7% lower Q1 DPS at 2.09 cents
KUALA LUMPUR: The trial of former Prime Minister Datuk Seri Najib Abdul Razak relating to RM42 million of SRC International Sdn Bhd’s funds is set to commence at 9am until 3.30pm during Ramadan, which will start next week. High Court Judge Mohd Nazlan Mohd Ghazali made the decision after Attorney-General Tommy Thomas, who lead the prosecution team, made a request to the court to set a timing for the hearing during the fasting month. The judge also said that within that period, the court would have a half-hour break for the non-Muslims to have lunch. Earlier, Thomas suggested to the court to have the hearing to start from 9am until 3pm to allow the fasting Muslims to go home early and prepare food for breaking fast. Lawyer Tan Sri Muhammad Shafee Abdullah, representing Najib also proposed for the trial to start at 9am and asked the court to set a 30-minute or 45-minute break to allow the non-Muslims to have their lunch and also for the Muslims to perform Zohor prayers. In another … [Read more...] about Najib’s SRC trial set from 9am to 3.30pm during Ramadan
Yes, we know HDB flats should be homes first and retirement funds second, and so on. But let’s be honest: Everyone wants to know what the big pay-off could be, besides shelter from the elements. Here’s a look at the numbers.WHICH FLAT TYPE APPRECIATES BEST?To find some answers, we looked at price movements of 3-room, 4-room and 5-room HDB flats over a period of 15 years. Starting with Singapore as a whole, here’s what we found:3-room HDB flats have appreciated by around 69 per cent. The average price of a resale 3-room flat today stands at around S$299,000, up from an average of S$176,800 back in 2004.4-room flats have appreciated by around 78 per cent. The average price of a resale 4-room flat is now around S$425,275, up from around S$238,300 in 2004.5-room flats lag just slightly behind 3-room flats, appreciating by around 68.57 per cent. The typical price today is around S$526,850, up from around S$312,500 on 2004.As such, we can see that 4-room flats show the … [Read more...] about Which type of HDB flat gives the best returns: 3-room, 4-room or 5-room?
Game of Thrones season 8 episode 3 "Battle at Winterfell" is going to telecast the biggest battle sequence in the entertainment history. The said episode is going to be 80 minutes long and will feature an epic fight between the Army of living vs the Army of dead. Here are our predictions of a few characters who are going to survive the battle and those characters who are surely going to die: Jon Snow: We cannot comprehend the fact that Aegon Targaryen will die in episode 3. He may not survive the end of the series but he is going to survive the forthcoming battle as he is going to face Cersei Lannister one more time in the fourth or fifth episode of Game of Thrones season 8. Killing him in episode 3 will come as a blow to all the fans who are rooting for him from the very beginning. Samwell Tarly: Samwell maybe the first one to kill a White Walker and he may know everything about dragonglass but we know that he is not a good fighter. There are chances that he may die in the upcoming … [Read more...] about Game of Thrones season 8 episode 3: These characters are most likely to die