Tuesday, September 30, 2008

Mr. JB Jeyaratnam: R.I.P.


Dear Friends,

The passing on of Mr. JB Jeyaratnam is a sad day for all Singaporeans.

JBJ, as he is affectionately known, is one man who believes in sticking resolutely to his principles to the very end.

To JBJ, the Westminster model of Parliamentary democracy is the only one worth emulating.

To JBJ, the many tweakings of our political model are at best compromises, at worse these are serious attempts to unfairly entrench the ruling party.

To some JBJ is a hero, to others a failure. There are yet others who feel that he could have played a greater role in the history of this proud little red dot, called Singapore. If only he would yield a little.

History will be the ultimate judge.

Mr. JB Jeyaratnam, May you rest in peace.

Dr.Huang Shoou Chyuan

NB: Above letter printed in ST Forum (1st Oct 2008)
Former opposition MP JB Jeyaretnam dies of heart failure

By Lee Foong Ming, Channel NewsAsia

Posted: 30 September 2008 0814 hrs

SINGAPORE: Former opposition MP and former Secretary-General of the Workers' Party, Mr JB Jeyaretnam died early Tuesday morning due to heart failure.

He was 82.

His son Mr Kenneth Jeyaretnam told Channel NewsAsia that Mr Jeyaretnam, who had a pre-existing heart condition, had complained of breathing difficulties at about 1.30am.

He was rushed to Tan Tock Seng Hospital but doctors were unable to revive him.

He passed away with his family by his side.

A lawyer, Mr Jeyaretnam was the first opposition member to win a Parliamentary seat in 15 years when he defeated the People's Action Party's Pang Kim Hin and the United People's Front's Harbans Singh in the Anson By-Election in 1981.

He left the Workers' Party in 2001, and in July this year, had launched a new party called the Reform Party.

Mr Jeyaretnam leaves behind two sons.

Thursday, September 25, 2008

On Naked Short-selling ( Letter to Forum)

September 24, 2008

Dear Editor,

I applaud Singapore Exchange’s (SGX) latest ban on “naked” short-selling of shares.

This unreal practice has been tolerated for too long and this restriction, which is long overdue, will help to weed out unhealthy speculating.

“Naked” short-selling occurs when one sells a stock that one does not own in the hope of pocketing a profit when the stock is bought back after its price has fallen.

In the real world, you and I do not sell a car nor a house that we do not own, do we?

For those caught with their pants down, I hope that this serves as a reality check.

Dr.Huang Shoou Chyuan

Sunday, September 14, 2008

Village's Valuable Valets eVicted (Letter to Forum)

September 14, 2008

Dear Editor,

Introduction

The iconic Holland Village faces a car-park space crunch.

This is unfortunate as Holland V, as it is affectionately known, has become something of a tourist attraction boasting a myriad of global cuisines and is popular for its alfresco dining.

For reasons known only to Providence and our omniscient government, the restaurant owners are made to suffer one misfortune after another.

Holland V’s list of misfortunes

First came 9-11 seven years ago when as an anti-terrorist measure, part of the main street was closed to vehicular traffic and car-parking curtailed.

Then came the Circle Line MRT station construction (2004) when much-needed carpark lots disappeared.

Just when the entrepreneurial business owners thought they had found an innovative solution by having valets park their patrons’ cars, the HDB, almost predictably, appeared to shove a spanner in the works.

Valet parking is efficient use of resources

From my personal experience, valet parking is an extremely efficient use of limited resources. All hospitals (private and public), many major eateries and all hotels use them. Valets can squeeze in many more cars into a limited space then ever thought possible. No machines can ever replace the ingenuity of the human brain.


HDB,Consider this win-win solution

HDB, please don’t be silly. Have a heart and please consider the following win-win solution.

1. Proceed with the Electronic Parking system (EPS). With this, there is no question of HDB being deprived of its revenue. Valet parking will be in addition to and not a substitute for payment for carparks.

2. Let the valets continue, but only under close scrutiny. Residents and patrons who are self-parkng must not be harassed nor inconvenienced. Fine the valets for infringements, if you have to.

In this difficult economic climate, government bodies such as the HDB should consider themselves partners of private enterprise, helping small businesses survive.

What say you, HDB?

Dr.Huang Shoou Chyuan

cc: HDB

Links:1.ST Discussion Forum & 2. ST Report

NB: This letter printed in 2 newspapers