Ads

Friday, 12 January 2018

Raining


Raining

- Pic from Internet

- wong chee tat :)

O-Level results: Fewer score at least 5 passes in exams

O-Level results: Fewer score at least 5 passes in exams

12 Jan 2018 03:30PM (Updated: 12 Jan 2018 03:40PM)

SINGAPORE: A smaller percentage of students who took last year’s O-Level examinations scored at least five passes, according to results released by the Ministry of Education (MOE) and Singapore Examinations and Assessment Board (SEAB) on Friday (Jan 12).

Out of 29,112 candidates who sat for last year’s exams, 83.4 per cent – or 24,287 students – scored at least five passes compared to the record 84.3 per cent, or 25,551 students, who sat for the exams in 2016.

A total of 29,090 students – 99.9 per cent – were awarded certificates for passing at least one subject, the same proportion of the cohort as the previous year. In addition, 28,058 students (96.4 per cent) passed at least three subjects in the exams, slightly lower than 96.5 per cent in 2016.

Last year, 1,570 private candidates sat for the O-Level examinations, compared to 1,865 in 2016. Of these, 90.8 per cent passed at least one subject, up from 90.2 per cent the year before.

The first batch of Normal (Academic) students who were offered higher-level subjects under Subject-Based Banding (Secondary) also performed comparably to their peers in the O-Level cohort, MOE and SEAB said.

The system allows students who have done well in specific subjects to take the subject at a higher level. About 370 Normal (Academic) students under this scheme took one or more subjects in English Language, Mathematics, Combined Sciences and Mother Tongue Languages at the Express Level last year, according to the press release.

Students can visit MOE’s education and career guidance portal for information on the various educational options available to them after the O-Level examination.

As four junior colleges are due to be merged next year and will not be admitting first-year students this year, MOE and SEAB said the junior colleges admitting students this year will be able to increase their intake of students and there may be resulting increases in the cut-off points.

They added that these cut-off point variations do not reflect the quality of each JC or its programmes.

“We encourage students to continue choosing JCs based on each school’s distinctive programmes, co-curricular activities and school culture – factors that can further develop their strengths and interests. We also want to reassure students and parents that there will be sufficient capacity and JC places to cater to demand.”


Source: CNA/mz
Read more at https://www.channelnewsasia.com/news/singapore/o-level-results-fewer-score-at-least-5-passes-in-exams-9855830


- Link

- wong chee tat :)

God is Love


God is Love

- Pic from Internet

- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Thursday, 11 January 2018

SAF sergeant jailed 15 months for sex with 13-year-old girl

SAF sergeant jailed 15 months for sex with 13-year-old girl

By Vanessa Paige Chelvan
11 Jan 2018 07:10PM (Updated: 11 Jan 2018 07:20PM)

SINGAPORE: A 23-year-old SAF sergeant was sentenced to 15 months’ jail on Thursday (Jan 11) for having sex with a 13-year-old girl he met on Facebook.

Tan Yong Jin pleaded guilty to two counts of sexual penetration of a minor under 14. Another three charges, including one for asking the Secondary 2 student for a nude photograph, were considered during sentencing.

The teenager cannot be named due to a gag order.

The pair, who were not in a relationship, met on the social network in November 2016. They met in person soon after, and started to exchange messages of a sexual nature.

On Jan 8, 2017, the teenager called Tan and asked him to meet her at Clementi Mall. The pair watched a movie at another mall nearby at about 1pm.

When the movie ended at about 3.30pm, the girl invited Tan to her home.

They intended to have sex at the girl’s flat at Kang Ching Road while her parents were out, Deputy Public Prosecutor Amanda Chong told the court.

After checking that her parents had not returned home, the teenager led Tan to the flat and into her parents’ bedroom. The pair had sex and washed up before the girl’s parents returned home to find a stranger in their flat.

The girl told her parents Tan was a friend, but her mother called the police nevertheless.

Ms Chong urged the court to sentence Tan to 15 months’ jail.

In mitigation, Tan’s lawyer pointed out it was the girl who had invited Tan into her parents’ bed, but conceded that his client “should have known better”.

Tan was “inept at dealing with the opposite sex, so resorted to social media to find female companionship,” the lawyer said.

In sentencing Tan, District Judge Wong Li Tein said that despite the fact that the girl consented to sex with Tan, he was “entirely to blame”.

She was just “a child of 13”, and a man of 23 should have known better, the judge said.

She added that the pair had no genuine relationship. They had met online two to three months before they had sex, the judge said, noting that Tan had made “sexual overtures” from the start.

For sexually penetrating a minor under 14, Tan could have been jailed for up to 20 years and caned.
Source: CNA/vc
Read more at https://www.channelnewsasia.com/news/singapore/saf-sergeant-jailed-for-sex-with-13-year-old-girl-9852490


- Link

- wong chee tat :)

Singapore Motor Show 2018 starts today!


Singapore Motor Show 2018 starts today! Coming?



- Pic from here


- wong chee tat :)

January 2018 Security Updates

Release Notes

January 2018 Security Updates

Release Date: January 09, 2018
The January security release consists of security updates for the following software:
  • Internet Explorer
  • Microsoft Edge
  • Microsoft Windows
  • Microsoft Office and Microsoft Office Services and Web Apps
  • SQL Server
  • ChakraCore
  • .NET Framework
  • .NET Core
  • ASP.NET Core
  • Adobe Flash
Please note the following information regarding the security updates:
  • Windows 10 updates are cumulative. The monthly security release includes all security fixes for vulnerabilities that affect Windows 10, in addition to non-security updates. The updates are available via the Microsoft Update Catalog.
  • Starting in March 2017, a delta package will be available on the Microsoft Update Catalog for Windows 10 version 1607 and newer. This delta package contains just the delta changes between the previous month and the current release.
  • Updates for Windows RT 8.1 and Microsoft Office RT software are only available via Windows Update.
  • In addition to security changes for the vulnerabilities, updates include defense-in-depth updates to help improve security-related features.
  • After May 9, 2017, customers running Windows 10 version 1507 will no longer receive security and quality updates, with the exception of the Windows 10 2015 LTSB and the Windows 10 IoT Enterprise 2015 LTSB editions. Microsoft recommends that customers with devices running other editions of Windows 10 version 1507 that are no longer supported update these devices to the latest version of Windows 10. For more information see Microsoft Knowledge Base Article 4015562.



Patching? 

- Link 

 - wong chee tat :)

ClamAV Signature Publishing Notice - 10th Jan 2018

ClamAV Signature Publishing Notice 

Datefile: daily
Version: 24211
Publisher: Alain Zidouemba
New Sigs: 294
Dropped Sigs: 0
Ignored Sigs: 500


New Detection Signatures:


* Html.Exploit.CVE_2016_0228-6327291-2

* Html.Exploit.CVE_2017_8750-6336209-1

* Swf.Exploit.CVE_2013_0634-2-6336214-0

* Html.Exploit.CVE_2017_8747-6336227-0

* Pdf.Exploit.CVE_2017_3021-6336399-0

* Win.Exploit.CVE_2017_8689-6336853-2

* Html.Exploit.CVE_2017_11793-6336854-3

* Win.Exploit.CVE_11763-6337675-1

* Html.Exploit.CVE_2017_8749-6343036-0

* Html.Exploit.CVE_2017_11798-6346610-0

* Doc.Exploit.CVE_2017_11826-6347061-0

* Xls.Exploit.CVE_2017_12110-6348843-0

* Xls.Exploit.CVE_2017_12111-6348844-0

* Swf.Exploit.CVE_2017_11292-6351451-1

* Pdf.Exploit.CVE_2016_8334-6357727-0

* Win.Exploit.CVE_2016_8707-6360669-0

* Html.Exploit.CVE_2017_11837-6362550-0

* Html.Exploit.CVE_2017_11840-6362593-0

* Win.Exploit.CVE_2017_11845-6362722-0

* Html.Exploit.CVE_2017_11846-6363322-0

* Html.Exploit.CVE_2017_11858-6363561-0

* Rtf.Exploit.CVE_2017_11854-6364182-0

* Xls.Exploit.CVE_2017_11878-6364216-0

* Html.Exploit.CVE_2017_11855-6364305-0

* Swf.Exploit.CVE_2016_7855-6366580-0

* Html.Exploit.CVE_2017_11791-6366648-1

* Win.Exploit.CVE_11844-6367494-1

* Html.Exploit.CVE_2015_6127-6367674-0

* Pdf.Exploit.TALOS_CAN_0091-6367717-0

* Html.Exploit.CVE_2017_11856-6368873-0

* Html.Exploit.CVE_2016_3246-6369039-0

* Html.Exploit.CVE_2017_11873-6369170-0

* Doc.Exploit.CVE_2017_16384-6373080-1

* Win.Exploit.CVE_2017_11847-6373179-0

* Html.Exploit.CVE_2017_11841-6373189-0

* Img.Exploit.CVE_2017_16383-6373227-0

* Pdf.Exploit.CVE_2017_16393-6373322-1

* Img.Exploit.CVE_2017_16396-6373358-0

* Pdf.Exploit.CVE_2017_16365-6374123-0

* Swf.Exploit.CVE_2017_11213-6374275-0

* Pdf.Exploit.CVE_2017_16363-6374354-0

* Pdf.Exploit.CVE_2017_16366-6374414-0

* Pdf.Exploit.CVE_2017_16372-6374570-0

* Pdf.Exploit.CVE_2017_16414-6374609-0

* Html.Exploit.CVE_2017-11916-6387463-2

* Html.Exploit.CVE_2017_11914-6387470-0

* Win.Exploit.CVE_2017_11918-6389654-1

* Win.Exploit.CVE_2017_11930-6389655-0

* Osx.Malware.Agent-6417366-0

* Java.Malware.Agent-6417367-0

* Win.Trojan.Emotet-6417368-0

* Win.Trojan.Emotet-6417369-0

* Win.Trojan.Emotet-6417370-0

* Win.Trojan.Emotet-6417371-0

* Doc.Dropper.Agent-6417372-0

* Doc.Dropper.Agent-6417373-0

* Doc.Dropper.Agent-6417374-0

* Doc.Dropper.Agent-6417375-0

* Doc.Dropper.Agent-6417376-0

* Doc.Dropper.Agent-6417377-0

* Doc.Dropper.Agent-6417378-0

* Doc.Dropper.Agent-6417379-0

* Doc.Dropper.Agent-6417380-0

* Doc.Dropper.Agent-6417381-0

* Doc.Dropper.Agent-6417382-0

* Doc.Dropper.Agent-6417383-0

* Doc.Dropper.Agent-6417384-0

* Doc.Dropper.Agent-6417385-0

* Doc.Dropper.Agent-6417386-0

* Doc.Dropper.Agent-6417387-0

* Doc.Dropper.Agent-6417388-0

* Doc.Dropper.Agent-6417389-0

* Doc.Dropper.Agent-6417390-0

* Win.Trojan.Agent-6417391-0

* Win.Trojan.Agent-6417392-0

* Win.Trojan.Agent-6417393-0

* Win.Trojan.Agent-6417394-0

* Win.Trojan.Agent-6417395-0

* Win.Trojan.Agent-6417396-0

* Win.Trojan.Agent-6417397-0

* Win.Trojan.Agent-6417398-0

* Win.Trojan.Agent-6417399-0

* Win.Malware.Agent-6417400-0

* Win.Malware.Agent-6417401-0

* Win.Malware.Agent-6417402-0

* Win.Malware.Agent-6417403-0

* Win.Malware.Agent-6417404-0

* Win.Malware.Agent-6417405-0

* Win.Trojan.Emotet-6417409-0

* Win.Trojan.Emotet-6417410-0

* Win.Trojan.Emotet-6417411-0

* Email.Malware.Agent-6417412-0

* Archive.Malware.Agent-6417413-0

* Email.Malware.Agent-6417414-0

* Email.Malware.Agent-6417415-0

* Txt.Malware.Agent-6417416-0

* Email.Malware.Agent-6417417-0

* Archive.Malware.Agent-6417418-0

* Email.Malware.Agent-6417419-0

* Email.Malware.Agent-6417420-0

* Doc.Dropper.Agent-6417421-0

* Doc.Dropper.Agent-6417422-0

* Doc.Dropper.Agent-6417423-0

* Doc.Dropper.Agent-6417424-0

* Doc.Dropper.Agent-6417425-0

* Doc.Dropper.Agent-6417426-0

* Doc.Dropper.Agent-6417427-0

* Doc.Dropper.Agent-6417428-0

* Doc.Dropper.Agent-6417429-0

* Doc.Dropper.Agent-6417430-0

* Doc.Dropper.Agent-6417431-0

* Doc.Dropper.Agent-6417432-0

* Doc.Dropper.Agent-6417433-0

* Doc.Dropper.Agent-6417434-0

* Doc.Dropper.Agent-6417435-0

* Doc.Dropper.Agent-6417436-0

* Doc.Dropper.Agent-6417437-0

* Doc.Dropper.Agent-6417438-0

* Win.Trojan.Agent-6417439-0

* Win.Trojan.Agent-6417440-0

* Win.Trojan.Agent-6417441-0

* Win.Trojan.Agent-6417442-0

* Win.Trojan.Agent-6417443-0

* Win.Malware.Agent-6417444-0

* Win.Malware.Agent-6417445-0

* Win.Malware.Agent-6417446-0

* Win.Malware.Agent-6417447-0

* Win.Malware.Agent-6417448-0

* Win.Malware.Agent-6417449-0

* Win.Trojan.Generic-6417450-0

* Win.Trojan.Emotet-6417452-0

* Win.Trojan.Emotet-6417453-0

* Win.Trojan.Emotet-6417454-0

* Win.Trojan.Emotet-6417455-0

* Doc.Dropper.Agent-6417456-0

* Doc.Dropper.Agent-6417457-0

* Doc.Dropper.Agent-6417458-0

* Doc.Dropper.Agent-6417459-0

* Doc.Dropper.Agent-6417460-0

* Doc.Dropper.Agent-6417461-0

* Doc.Dropper.Agent-6417462-0

* Doc.Dropper.Agent-6417463-0

* Doc.Dropper.Agent-6417464-0

* Doc.Dropper.Agent-6417465-0

* Doc.Dropper.Agent-6417466-0

* Win.Trojan.Agent-6417467-0

* Win.Trojan.Agent-6417468-0

* Win.Trojan.Agent-6417469-0

* Win.Trojan.Agent-6417470-0

* Win.Trojan.Agent-6417471-0

* Win.Trojan.Agent-6417472-0

* Win.Trojan.Agent-6417473-0

* Win.Malware.Agent-6417474-0

* Win.Malware.Agent-6417475-0

* Win.Malware.Agent-6417476-0

* Win.Malware.Agent-6417477-0

* Win.Malware.Agent-6417478-0

* Win.Malware.Agent-6417479-0

* Win.Malware.Agent-6417480-0

* Win.Trojan.Emotet-6417481-0

* Win.Trojan.Emotet-6417482-0

* Win.Trojan.Emotet-6417483-0

* Win.Trojan.Emotet-6417484-0

* Win.Trojan.Emotet-6417485-0

* Win.Trojan.Emotet-6417486-0

* Win.Trojan.Emotet-6417487-0

* Win.Trojan.Emotet-6417488-0

* Win.Trojan.Emotet-6417489-0

* Win.Trojan.Injector-6417490-0

* Doc.Dropper.Agent-6417491-0

* Doc.Dropper.Agent-6417492-0

* Doc.Dropper.Agent-6417493-0

* Doc.Dropper.Agent-6417494-0

* Doc.Dropper.Agent-6417495-0

* Doc.Dropper.Agent-6417496-0

* Doc.Dropper.Agent-6417497-0

* Doc.Dropper.Agent-6417498-0

* Doc.Dropper.Agent-6417499-0

* Doc.Dropper.Agent-6417500-0

* Doc.Dropper.Agent-6417501-0

* Doc.Dropper.Agent-6417502-0

* Win.Trojan.Agent-6417503-0

* Win.Trojan.Agent-6417504-0

* Win.Trojan.Agent-6417505-0

* Win.Trojan.Agent-6417506-0

* Win.Trojan.Agent-6417507-0

* Win.Trojan.Agent-6417508-0

* Win.Trojan.Agent-6417509-0

* Win.Trojan.Agent-6417510-0

* Win.Trojan.Agent-6417511-0

* Win.Trojan.Agent-6417512-0

* Win.Malware.Agent-6417513-0

* Win.Malware.Agent-6417514-0

* Win.Malware.Agent-6417515-0

* Win.Malware.Agent-6417516-0

* Win.Malware.Agent-6417517-0

* Win.Malware.Agent-6417518-0

* Win.Malware.Agent-6417519-0

* Osx.Malware.Agent-6417520-0

* Osx.Malware.Agent-6417521-0

* Osx.Malware.Agent-6417522-0

* Osx.Malware.Agent-6417523-0

* Osx.Malware.Agent-6417524-0

* Osx.Malware.Agent-6417525-0

* Win.Trojan.Emotet-6417526-0

* Win.Trojan.Emotet-6417527-0

* Win.Trojan.Emotet-6417528-0

* Win.Trojan.Emotet-6417529-0

* Win.Trojan.Emotet-6417530-0

* Win.Trojan.Emotet-6417531-0

* Win.Trojan.Emotet-6417532-0

* Doc.Dropper.Agent-6417533-0

* Doc.Dropper.Agent-6417534-0

* Doc.Dropper.Agent-6417535-0

* Doc.Dropper.Agent-6417536-0

* Doc.Dropper.Agent-6417537-0

* Doc.Dropper.Agent-6417538-0

* Doc.Dropper.Agent-6417539-0

* Doc.Dropper.Agent-6417540-0

* Doc.Dropper.Agent-6417541-0

* Doc.Dropper.Agent-6417542-0

* Doc.Dropper.Agent-6417543-0

* Doc.Dropper.Agent-6417544-0

* Doc.Dropper.Agent-6417545-0

* Doc.Dropper.Agent-6417546-0

* Doc.Dropper.Agent-6417547-0

* Doc.Dropper.Agent-6417548-0

* Doc.Dropper.Agent-6417549-0

* Doc.Dropper.Agent-6417550-0

* Win.Trojan.Agent-6417551-0

* Win.Trojan.Agent-6417552-0

* Win.Trojan.Agent-6417553-0

* Win.Trojan.Agent-6417554-0

* Win.Trojan.Agent-6417555-0

* Win.Malware.Agent-6417557-0

* Win.Malware.Agent-6417558-0

* Win.Malware.Agent-6417559-0

* Win.Malware.Agent-6417560-0

* Win.Trojan.Emotet-6417561-0

* Win.Trojan.Emotet-6417562-0

* Win.Trojan.Emotet-6417563-0

* Win.Trojan.Emotet-6417564-0

* Win.Trojan.Agent-6417565-0

* Win.Trojan.Agent-6417566-0

* Win.Trojan.Agent-6417567-0

* Win.Trojan.Agent-6417568-0

* Win.Trojan.Agent-6417569-0

* Win.Trojan.Agent-6417570-0

* Win.Trojan.Agent-6417571-0

* Win.Trojan.Agent-6417572-0

* Win.Trojan.Agent-6417573-0

* Win.Trojan.Emotet-6417574-0

* Win.Trojan.Emotet-6417575-0

* Doc.Dropper.Agent-6417576-0

* Doc.Dropper.Agent-6417577-0

* Doc.Dropper.Agent-6417578-0

* Doc.Dropper.Agent-6417579-0

* Doc.Dropper.Agent-6417580-0

* Doc.Dropper.Agent-6417581-0

* Doc.Dropper.Agent-6417582-0

* Win.Trojan.Agent-6417583-0

* Win.Trojan.Agent-6417584-0

* Win.Trojan.Agent-6417585-0

* Win.Trojan.Agent-6417586-0

* Win.Trojan.Agent-6417587-0

* Win.Trojan.Agent-6417588-0

* Win.Trojan.Agent-6417589-0

* Win.Trojan.Agent-6417590-0

* Win.Trojan.Agent-6417591-0

* Win.Trojan.Agent-6417592-0

* Doc.Dropper.Agent-6417594-0

* Doc.Dropper.Agent-6417595-0

* Win.Malware.Agent-6417596-0

* Win.Malware.Agent-6417597-0

* Win.Malware.Agent-6417598-0

* Win.Malware.Agent-6417599-0

* Win.Malware.Agent-6417600-0

* Win.Malware.Agent-6417601-0

* Win.Malware.Agent-6417602-0

* Win.Malware.Agent-6417603-0

* Win.Malware.Agent-6417604-0

* Win.Trojan.Agent-6417605-0

* Win.Trojan.Agent-6417606-0

* Win.Trojan.Agent-6417607-0

* Win.Trojan.Agent-6417608-0

* Win.Trojan.Agent-6417609-0

* Win.Trojan.Agent-6417610-0

* Win.Trojan.Agent-6417611-0

* Win.Trojan.Agent-6417612-0

* Win.Trojan.Agent-6417613-0

* Win.Trojan.Agent-6417614-0

* Win.Trojan.Agent-6417615-0

* Win.Trojan.Agent-6417616-0

* Win.Trojan.Agent-6417617-0


Dropped Detection Signatures:




- Link


- wong chee tat :)

Keep Calm and Love Rainy Days


Keep Calm and Love Rainy Days

Yes, I know. So got a double filet burger to fix it.





- Pic from Internet

- Pic from MacDonalds' Singapore

- wong chee tat :)

Dragon babies, muted achievements

Dragon babies, muted achievements
Sumit Agarwal and Qian Wenlan For The Straits Times
PUBLISHEDJAN 27, 2017, 5:00 AM SGT

The upcoming Chinese New Year is a time for people to read up on what the Chinese zodiac sign can bring to them in terms of fortune, love and health for the year.

One well-known belief is that the zodiac sign at year of birth plays a role in determining a person's personality, health and prosperity.

For instance, people born in the Year of the Rat are said to be quick-witted, while those born in the Year of the Rabbit are considered sociable. Those born in the Year of the Rooster, this year's sign, are said to be trustworthy with a strong sense of responsibility.

Among the 12 zodiac animals, those born in the Year of the Dragon are believed to be noble, fearless and ambitious, and bound for success. Thus it comes as no surprise that there is usually a baby boom during this auspicious year among the Chinese.

But with so many babies born in the Year of the Dragon, do the astrological endowments on Dragon babies, as they are called, translate to success in life?

Studies in the United States have demonstrated negative effects of cohort size on wages and employment. Large baby boom cohorts who enter the market have lower lifetime earnings than smaller cohorts. Beyond economic consequences, individuals from larger cohorts tend to have higher material aspirations but because of increased competition and reduced opportunities, these aspirations are, more often than not, unattainable, resulting in feelings of personal failure and even higher suicide rates.


To see whether such cohort-size effects are relevant to Singapore, a study at the National University of Singapore was conducted using data from different sources, including Singstat, to capture various life outcomes - university applications, savings and credit card usage, property ownership, as well as bankruptcy status. Apart from the two of us, the research was also conducted with Associate Professor Sing Tien Foo, Dean's Chair Associate Professor of Real Estate at the National University of Singapore, and Assistant Professor Tan Poh Lin at the Lee Kuan Yew School of Public Policy.

EDUCATION AND EMPLOYMENT

As male Singaporeans enter university and work life two years later than females from their same birth year because of national service, we are mindful of the different year of entry. After controlling for gender, ethnicity, year and month of birth, we found that those born in the Year of the Dragon have lower admission scores, especially the men.

This is likely to reflect a true decline in academic ability since the A-level examinations are administered externally and unlikely to be affected by cohort-size changes in Singapore. Likewise, Dragons' monthly incomes are also lower, especially for the more recent cohorts.

The differences in academic results and incomes between Dragon and non-Dragon children are more marked for Chinese than other ethnic groups. Although the Government opened new primary schools to accommodate the larger Dragon Year cohort, the opportunities of marginal Dragon students are still reduced, which takes an economic toll when they enter the labour market.

SAVINGS, CONSUMPTION, BANKRUPTCIES AND LAWSUITS

We did not find differences in savings balances between Dragon and non-Dragon individuals. Neither are Dragons bigger risk-takers nor more likely to become embroiled in bankruptcies or lawsuits.

But what is disconcerting is that despite their lower incomes, both Dragon men and women are more materialistic - they spend more on "visible" items such as apparel, watches, jewellery, home furnishings and appliances. They are also more likely to buy a private condominium, a status symbol. These effects are even more pronounced for Dragons born after 1972 when Singapore began to make economic progress with its industrial development.

Several likely explanations account for their conspicuous consumption. First, Dragons may have bought into the cultural perceptions and beliefs about their celestial endowments. Therefore, they become overly optimistic about their financial circumstances. However, that they are not high bankruptcy risk suggests that their consumption is quite under control.

Alternatively, Dragons may understand that these perceptions of nobility and success are unfounded but they still value the boost these give to their self-image. Hence, they enjoy high self-esteem and feel good through conspicuous consumption.

It is also possible that the likely preferential treatment given to Dragon babies by their parents and grandparents may have extended to financial safety nets. Despite their lower income, they are willing to spend because they know they have the financial backing of the family for their lifestyle expenses.

TIGER WOMEN

We also studied babies born in the Year of the Tiger, in particular Tiger women as they are the least desired among Singaporean Chinese who consider them to be fierce and unsuitable for marriage. Hence, there is a smaller cohort of Tiger babies than Dragon babies, and we wondered whether a smaller cohort size would confer benefits.

We did not find a cohort effect - Tiger babies do not have higher admission scores nor are they more likely to be admitted to a local university. Apparently, the advantages of being born in a small cohort are not as evident as the disadvantages of being born in a large cohort. But interestingly, Tiger women have higher monthly wages.

For many, the lure of taking advantage of the zodiac sign in family planning is too tempting. However, there are practical implications to consider.

Our findings suggest that taking advantage of the allure of Dragon years for childbearing reduces the economic well-being of cohorts in these years.

While Singapore's education system actively attempts to reduce the effects of zodiac birth timing to ensure that all children have a chance at education, it is possible that classroom-size effects - which include dispersed attention and high student-teacher ratio - come into play that result in lower academic excellence and its consequence in employment.

•Sumit Agarwal is Visiting Professor and Qian Wenlan is Associate Professor of Finance at the National University of Singapore Business School.




What are your thoughts?



- Link

- wong chee tat :)

never mind

never mind when use as phrase

You use never mind to tell someone that they need not do something or worry about something, because it is not important or because you will do it yourself.


From Collins Dictionary


- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)