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Political Ambition of Tan Kin Lian Is Clear Now

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With the recent High Notes saga still not completely over yet, the unofficial ‘spokesperson’ for the affected High Notes investors at Speakers’ Corner in Hong Lim Park has finally revealed his political ambition in today’s Sunday Times and quite frankly, I am not the least surprised at all. I am no savvy investor or the ignorant one but the economic instability especially the abrupt collapse of Lehman Brothers did make me pay a little more attention to the saga. Prior to that, the name Tan Kin Lian was complete alien to me though he was once the CEO of government-owned NTUC Income and his meteoric rise in recent times, did raise an eyebrow or two. Had Tan not readily volunteered his 'voice' to the aggrieved investors in this tumultuous period, will our MAS not act to protect the interest of these investors? I believe MAS, as a responsible authority will still act to protect the genuinely affected investors, with or without Tan's timely intervention. I was sharing a casual l...
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Small Nation With Big Dream!

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In his National Rally speech touching briefly on the Olympics, PM Lee mentioned that the large population of China is about 300 times of us and theoretically speaking, it would take China to win 300 medals before Singapore has a chance for just one precious medal of any colour or type. Notwithstanding in the last Beijing Olympics, it's all thanks to the foreign talents, the likes of Li Jia Wei & company that enabled us to win the elusive silver medal in the women's table tennis team event after 48 years waiting never mind the fiascos within the fratenity. Ours is a small country, some 3 million are true bred Singaporeans to be exact. Do we have to wait for another 48 years to win an Olympics medal? And hopefully this time, by a Singapore-born Singaporean. The king of sprinter of all times, Bolt hailed from Jamaica, which has a population base smaller than us, 2.5 million to be exact. Bolt broke the 100 metre & 200 metre records in astonishing time and above that, the ...
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Sinking Vessel

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When I read the news on the recent sinking of a Korean ferry boat, it inevitably jostled my memory back to Royal Pacific which sank on 23 August 1992 near Port Dickson and I was one of the survivors too.  Sadly, there are some similarities between the two ill-fated vessels.  It happened more than two decades ago but nobody seems to have remembered that fateful incident now. I was the operations manager of Starlight Cruises which was the owner and ship manager of Royal Pacific, a 13,000 gross tonnage passenger vessel which can carry up to 600 passengers.  It was a Greek-owned vessel and flying on Bahamas flag.  It was a ferry which was just converted to a full passenger vessel slated to ply in the Straits of Malacca and home-ported in Singapore.  Cruising was at its infancy stage in the late 80s going into the early 90s in Singapore and the region.   It was our maiden voyage where we were supposed to do a 2-night "cruise-to-nowhere" along Straits of Mal...
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