Had farewell dinners with colleagues and friends almost daily in the past week. Appreciate the friends I met here, a good memory to carry back home. 4 days left! Glad to leave this project, never I had worked in such chaotic situation. Looking back, it is somehow a precious experience (though not pleasant) about dealing with people and office politics. I learn better how to do organize my work next.
Thursday, June 24, 2010
Wednesday, June 16, 2010
Death of EURO?
Recently many European countries introduced austerity measures to curb the deficit. More and more opinions suggest Greece would default their debts and leave EURO zone, Spain and Portugal’s prospect look grim too. The weary economy is devastating.
Germany and France taxpayers definitely wouldn’t be pleased to see their hard earn money go to other people’s pocket. I guess not long from now the voices of re-introducing German Mark and French Franc will start echoing.
Germany and France taxpayers definitely wouldn’t be pleased to see their hard earn money go to other people’s pocket. I guess not long from now the voices of re-introducing German Mark and French Franc will start echoing.
FIFA World Cup Fever
Soccer is not my sport, this World Cup doesn’t trigger my mood either. People exclaimed the spectacular opening ceremony worth to see… do you really think it was great? I mean compared to Beijing’s Olympic opening ceremony, hmm… The performance of R.Kelly made me sick. There are so many talented African singers in the world, why him? He was accused of having sexual relationship with the minors and was arrested on child pornography charges, though were all dropped eventually. I don’t believe he is clean. Why the organizer picked a “mental unhealthy” artist to perform in this sport event?
When he sings “I believe I can fly” probably he really thinks he is above the law?
When he sings “I believe I can fly” probably he really thinks he is above the law?
Wednesday, June 02, 2010
Cost Saving Haven
The highly qualified yet low labour cost factors in China have had become the investment magnet in the past decade. The recent salary adjustment announcement of Honda (+24%) indicated that the workforce/ union is gaining strength. Foxconn’s 12 suicide cases though are irrelevant to the union strike, the boss has promised +20% raise to the workers. This precedence will ripple immensely in China. The immediate impact would trigger living costs and inflation jump high. Let’s see what the government would do next.
Meanwhile, under the global pressure and accusation of manipulating the RMB, China government is expected to appreciate the currency soon.
The soaring production cost is reducing China competition. Could be a good news to other countries, though I doubt the gap would be reduced significantly.
Meanwhile, under the global pressure and accusation of manipulating the RMB, China government is expected to appreciate the currency soon.
The soaring production cost is reducing China competition. Could be a good news to other countries, though I doubt the gap would be reduced significantly.
Sunday, May 30, 2010
EURO Crisis
The EURO has dipped 20% against USD in just 2 mths. What a sad thing… seems like my salary and saving are slashed 20% if converted to Malaysian Ringgit. The tumbling of PIIGS has dragged the whole EU down. Germany and France have to blurt out astronomical figures to try salvaging the crisis, it pissed off many taxpayers. Now who can say the idea of regional single currency is invincible?
Middle East countries have idea to implement similar single currency policy. I reckon the crisis keeps them back-off now.
Middle East countries have idea to implement similar single currency policy. I reckon the crisis keeps them back-off now.
Friday, May 21, 2010
Financial Regulatory
German Chancellor’s ban on the naked sell came unexpectedly, stirring panic in the European market, worrying any uncertain subsequences may follow. The motion was to curb the speculation during financial turbulence. Many hedge funds expressed their disapproval, saying the short selling is not as serious as people thought, of course they voiced out from their own interest.
This ban should have been imposed long time ago. The speculators abuse it as gambling tools to generate fortune. The ordinary investors are forced to pick up the consequences. The ban wouldn’t be much effective if other major stock markets do not implement the similar measure.
This ban should have been imposed long time ago. The speculators abuse it as gambling tools to generate fortune. The ordinary investors are forced to pick up the consequences. The ban wouldn’t be much effective if other major stock markets do not implement the similar measure.
Monday, May 17, 2010
Friday, May 07, 2010
DOW Plummet
8:45pm local time, within 5 minutes! Yes! within 5 minutes! I was watching the Dow Jones Index plummeting from losing 200pt to almost 1000pt and breached the 10,000 level! The market was irrational PANIC! Miracle happened at this moment, the index rebounded swiftly right after. There must be interference from powerful institutions at this critical moment, triggering appropriate mechanism to calm the fear.
I guess the fall will continue unless the Greece Debt crisis comes up with a win-win solution. Probably Greece is too clever (cunning) to balloon up the problem to force EU and the world to salvage their crisis.
I guess the fall will continue unless the Greece Debt crisis comes up with a win-win solution. Probably Greece is too clever (cunning) to balloon up the problem to force EU and the world to salvage their crisis.
Monday, May 03, 2010
My Mood
It’s raining outside…
Like to see the impenetrable thick dark clouds hanging low under the sky, shielding the mountain top.
Like to hear the tinkling raindrops splashing on the ground.
Like the colour of rain-soaked green leafs , it’s soothing but not able to rejuvenate my mood.
Like to see the impenetrable thick dark clouds hanging low under the sky, shielding the mountain top.
Like to hear the tinkling raindrops splashing on the ground.
Like the colour of rain-soaked green leafs , it’s soothing but not able to rejuvenate my mood.
Greece Debt Crisis
Eventually Greece has agreed to a bailout deal With EU and IMF. Have expected so, Germany wouldn’t let Greece collapsed or indirectly they’re declaring the death of EURO. The opposition to lend a hand to Greece was loud, over the fact that this EU member has not been abiding the rules and seriously corrupted. They would rather see Greece stepping out from EURO zone, would be good to both EURO and Greece himself, though this will depreciate EURO significantly in short term.
Greek Prime Minister said he would do anything to avoid the country going bankrupt. He urged Greeks to accept “great sacrifices.” The recently amended law allows Greece citizen to retire at as early as 50/55 yr old, with 80% monthly salary for 36 yrs. I don’t have to be an economist to tell this shit policy will bring the country economy to hell. Stern austerity measures must be enforced – to extend retirement age, raising VAT to 23%, freezing salary etc. Meanwhile lots of Greeks complained the 5% interest rate of the EU bailout is far too high. What do you want? There is no free lunch my dear.
Meanwhile Spain’s unemployment has reached the alerting 20%! Another bomb would be detonated anytime. The economy of Spain is the 4th largest in the EURO zone. The bailout would be much more costly than Greece. Hard to believe Europe economy is recovering yet.
Greek Prime Minister said he would do anything to avoid the country going bankrupt. He urged Greeks to accept “great sacrifices.” The recently amended law allows Greece citizen to retire at as early as 50/55 yr old, with 80% monthly salary for 36 yrs. I don’t have to be an economist to tell this shit policy will bring the country economy to hell. Stern austerity measures must be enforced – to extend retirement age, raising VAT to 23%, freezing salary etc. Meanwhile lots of Greeks complained the 5% interest rate of the EU bailout is far too high. What do you want? There is no free lunch my dear.
Meanwhile Spain’s unemployment has reached the alerting 20%! Another bomb would be detonated anytime. The economy of Spain is the 4th largest in the EURO zone. The bailout would be much more costly than Greece. Hard to believe Europe economy is recovering yet.
Saturday, May 01, 2010
First of May
First of May, known as Labour Day in many countries. What does this day celebrate? The labour market is cruelly competitive. Lower class labours struggle to meet the very basic needs of daily life, while higher management manipulates politics to seize power and fortune.
The longer I stay in this country, I realize better the general capability and capacity of labour market here. Qualified personnel and skilled manpower are hard to obtain. My director said I had set the standard too high. Maybe he was right, I shouldn’t compare the standard at par with Asian markets.
The longer I stay in this country, I realize better the general capability and capacity of labour market here. Qualified personnel and skilled manpower are hard to obtain. My director said I had set the standard too high. Maybe he was right, I shouldn’t compare the standard at par with Asian markets.
Friday, April 30, 2010
Wednesday, April 28, 2010
Next Job
Have extended 2 months contract for the on-going projects till end Jun-10. All of us most likely will leave this country for good thereafter. Colleagues start looking for new job, wherever it will be as long as conditions are right.
I receive an offer, but it is still in the initial negotiation stage. The job site is in South East Asia, will be kicked-off very soon. Which means immediate transfer is requested if I’d be employed (my conditions seem too costly for them). Instead I plan/ wish to have a few months rest in between jobs.
Meanwhile, a friend in Australia invites me to start a restaurant business in Sydney. Sounds not bad… I like the city, but I have zero experience in this field. For future and longer term planning, it might be a good move. On the other hand, the working hours are long and the freedom will be very much restricted. Am thinking, do I really have to start from zero again? After all these whiles working in the projects, I can’t imagine if this new business would suit me.
Still too early to decide…
I receive an offer, but it is still in the initial negotiation stage. The job site is in South East Asia, will be kicked-off very soon. Which means immediate transfer is requested if I’d be employed (my conditions seem too costly for them). Instead I plan/ wish to have a few months rest in between jobs.
Meanwhile, a friend in Australia invites me to start a restaurant business in Sydney. Sounds not bad… I like the city, but I have zero experience in this field. For future and longer term planning, it might be a good move. On the other hand, the working hours are long and the freedom will be very much restricted. Am thinking, do I really have to start from zero again? After all these whiles working in the projects, I can’t imagine if this new business would suit me.
Still too early to decide…
Sunday, April 25, 2010
South & North Korea Conflict, what next?
A South Korean’s navy ship sank at the disputed water at Yellow Sea last month, heighten the tense relationship between the North and South Korea. 46 sailors on boards were killed. Case is being investigated, alleged torpedo assault from North Korean’s submarine. Pyongyang has denied involvement.
Let’s speculate, what if Pyongyang tells lie, South Korean’s immediate military revenge would probably be activated though some analysts bet otherwise saying that South Korea can’t afford to harm the export driven economy. US and Europe for sure would standby Seoul. A good excuse to eliminate the nuclear facility in North Korea, and to emancipate the long suppressed communism in the name of humanitarian.
I guess Pyongyang’s traditional ally, China would try to dissolve the dispute peacefully and prevent possibility of war eruption. The main reasons would probably be shunning off US influence in the region, or maybe keeping North Korea to counterbalance the power of Japan and South Korea. For whatever reason it might be, Beijing can’t provide backup officially.
Let’s speculate, what if Pyongyang tells lie, South Korean’s immediate military revenge would probably be activated though some analysts bet otherwise saying that South Korea can’t afford to harm the export driven economy. US and Europe for sure would standby Seoul. A good excuse to eliminate the nuclear facility in North Korea, and to emancipate the long suppressed communism in the name of humanitarian.
I guess Pyongyang’s traditional ally, China would try to dissolve the dispute peacefully and prevent possibility of war eruption. The main reasons would probably be shunning off US influence in the region, or maybe keeping North Korea to counterbalance the power of Japan and South Korea. For whatever reason it might be, Beijing can’t provide backup officially.
Wednesday, April 21, 2010
Leçon de Français
Franchement, je suis tout à fait profiter de la classe de français mais parfois je me sentais la pression d'apprendre une nouvelle langue. Mais il est bon de sortir plus tôt du bureau des œuvres. Après 2 mois, j'ai réussi à comprendre quelques phrases simples et le libellé. Pendant la lecture d'articles en français, il m'aide à comprendre plus facilement. Cela me fait sentir l'effort vaut la peine. Cependant, je dois admettre que cette langue est vraiment compliqué. Pas étonnant qu'il ne pouvait pas être la langue la plus populaire au monde.
Outre de celui-ci, il est agréable de rencontrer d'autres étudiants à travers le monde que je suis l'aîné. Ils sont si polis qu'ils ne m'appelle pas «mon oncle».
(Traduit par Google)
Outre de celui-ci, il est agréable de rencontrer d'autres étudiants à travers le monde que je suis l'aîné. Ils sont si polis qu'ils ne m'appelle pas «mon oncle».
(Traduit par Google)
Sunday, April 11, 2010
Bangkok Riot
The month-long “Red Shirts” protest has eventually turned riot on Saturday. The supporters of the exiled ex-Prime Minister Thaksin stormed the parliament and several governmental buildings earlier demanding resignation of present Prime Minister Abhisit and re-election. The government declared state of emergency on 07-Apr, and deployed tactics to dismiss the crowds. When the dispute heated up, violence followed.
People’s power is forceful, but could be ruined by a handful of people who has other intention. Who knows the terrorists in the southern Thailand are taking chance to mess up the situation to achieve their own goals? Who knows there are huge mobs waiting to loot the banks and shops?
The persisting tabulating political situation has tarnished the confidence of investors and tourists. If “Red Shirts” would win from this protest, you can’t be sure the equally strong opposition “Yellow Shirts” would organize the similar protest again to fight for their interest.
People’s power is forceful, but could be ruined by a handful of people who has other intention. Who knows the terrorists in the southern Thailand are taking chance to mess up the situation to achieve their own goals? Who knows there are huge mobs waiting to loot the banks and shops?
The persisting tabulating political situation has tarnished the confidence of investors and tourists. If “Red Shirts” would win from this protest, you can’t be sure the equally strong opposition “Yellow Shirts” would organize the similar protest again to fight for their interest.
Friday, April 09, 2010
Just Do It!
Sports news is focusing on the return of Tiger Woods on the green course. Why people is so curious about his affair. This is his own business, why public keeps biting his tail? With his fortune nowadays, he can easily laugh it off. Well, I guess somehow he must bow to his sponsors who keep stuffing chunk of greenbacks into his pockets.
Nike must be glad to have Tiger as their brand spokesman. If you have balls, Just do it!
Nike must be glad to have Tiger as their brand spokesman. If you have balls, Just do it!
Wednesday, April 07, 2010
I Slipped My Tongue
It’s public holiday today in Rwanda, commemorating 1994 genocide.
Yesterday evening, as usual, while saying goodbye to a local colleague, I added “Enjoy your holiday!” He walked out from my room and returned after 5 seconds, said, “I can’t enjoy this holiday.” Oppss… I realized immediately I said something wrong and apologized to him. People is reluctant to recall and talk about this gory incident. Too many sad stories 16 years ago and they are trying hard to forget the past but time is too short to bleach the memory.
Yesterday evening, as usual, while saying goodbye to a local colleague, I added “Enjoy your holiday!” He walked out from my room and returned after 5 seconds, said, “I can’t enjoy this holiday.” Oppss… I realized immediately I said something wrong and apologized to him. People is reluctant to recall and talk about this gory incident. Too many sad stories 16 years ago and they are trying hard to forget the past but time is too short to bleach the memory.
Saturday, March 27, 2010
Buying House
Sis has made up her mind, with the nod of mom, to look for a new house in KL. She asks me to share buying a new unit, of course I would contribute the bigger part.
She has been searching around for a month, considering factors of convenience, safety, low density, a landed properties etc, in KL, this wouldn’t come cheaper than 200TEUR. I realize that if we don’t buy it now, the price would be rocketing beyond the pace of salary increment and inflation. On the other hand I do not wish to apply hefty loan as I always oppose to “work” for the bank by paying the high interest of 6%-7%.
This would be the main task after finishing my work in Rwanda.
She has been searching around for a month, considering factors of convenience, safety, low density, a landed properties etc, in KL, this wouldn’t come cheaper than 200TEUR. I realize that if we don’t buy it now, the price would be rocketing beyond the pace of salary increment and inflation. On the other hand I do not wish to apply hefty loan as I always oppose to “work” for the bank by paying the high interest of 6%-7%.
This would be the main task after finishing my work in Rwanda.
French Lesson
Eventually I have accomplished the French course – Level Beginner 1. The size of the class reduced from the beginning 9 students down to 6 after 2 months. It was fun indeed, atmosphere was good. This language itself is so complicated with lots of rules and exceptions. It is distressing for a person like me who hates memorize all stuffs by hard.
We had a dinner at Chinese Restaurant yesterday, to thank our teacher Angelique. Was a nice gathering, an occasion of cultural exchange. It was interesting to observe personalities from different corners of the world.
Am looking forward to proceed with next Level in mid Apr.
picture: Tobias (German), Teoh (Malaysian), Angelique (Rwandaise), Carlos (Spanish) & Harriet (Kenyan).
We had a dinner at Chinese Restaurant yesterday, to thank our teacher Angelique. Was a nice gathering, an occasion of cultural exchange. It was interesting to observe personalities from different corners of the world.
Am looking forward to proceed with next Level in mid Apr.
Thursday, March 18, 2010
Euro Zone
Addressing the economy crisis of Greece, German Chancellor Angela Merkel said there should be mechanisms to allow for the expulsion from the Euro Zone of countries who repeatedly flout fiscal rules. This clause has to be added on the treaty.
I thought this was already a mandatory condition on the EU foundation? Didn’t those regulation enactors have in mind of such cases might happen? Did they really think EU concept was flawless and each member could develop abreast with Germany or France? Or EU was a humanitarian organization?
EU couldn’t afford to salvage the heavy debt ridden members, which in turn will drag down the overall economy. The statement of Merkel definitely doesn’t please some members. She is right. Instead of sinking together, let the poorly performed members re-organizing themselves and assist them as necessary.
I thought this was already a mandatory condition on the EU foundation? Didn’t those regulation enactors have in mind of such cases might happen? Did they really think EU concept was flawless and each member could develop abreast with Germany or France? Or EU was a humanitarian organization?
EU couldn’t afford to salvage the heavy debt ridden members, which in turn will drag down the overall economy. The statement of Merkel definitely doesn’t please some members. She is right. Instead of sinking together, let the poorly performed members re-organizing themselves and assist them as necessary.
Wednesday, March 17, 2010
Exclusive Interview President Kagame
CNN broadcasted an exclusive interview with Rwandan President Paul Kagame. The questions of Amanpour focused on the alleged unequalled political rights, genocide, press freedom etc. all sort of “prejudiced” opinions from the outside world. President Kagame tried to give a clear statement of his country’s status quo, I doubt most of the audiences would be convinced. Indeed this is a rather safe country to live in, otherwise UN wouldn’t plan to shift its regional head quarter to this country.
Amanpour asked, does reconciliation (after 1994 genocide) need an authoritarian hand? President Kigame didn’t provide a straight answer, said a clear mind is needed. My opinion is – DEFINITELY. In fact the incumbent government is trying hard to impose a disciplined and fairly democratic system. I believed all poor and underdeveloped countries need strong hands to keep the nation integrated and functioning.
Repeatedly President Kagame advised the host not to judge certain issue based on the statement of a handful people, the voices of the 11 million should be listened instead. I think he was too diplomatic to tell Amanpour to do her homework before accusing blindly the country’s policies.
The interview was too short to address the problems in the country. I think it’s rather an advertisement of Rwanda to clear misconceptions to foreign countries.
Amanpour asked, does reconciliation (after 1994 genocide) need an authoritarian hand? President Kigame didn’t provide a straight answer, said a clear mind is needed. My opinion is – DEFINITELY. In fact the incumbent government is trying hard to impose a disciplined and fairly democratic system. I believed all poor and underdeveloped countries need strong hands to keep the nation integrated and functioning.
Repeatedly President Kagame advised the host not to judge certain issue based on the statement of a handful people, the voices of the 11 million should be listened instead. I think he was too diplomatic to tell Amanpour to do her homework before accusing blindly the country’s policies.
The interview was too short to address the problems in the country. I think it’s rather an advertisement of Rwanda to clear misconceptions to foreign countries.
Sunday, March 14, 2010
Boring Oscar
I watched the Oscar some days ago. After finishing the show, I realized that for what I wasted my time watching this senseless award presentation event? People talked the same things every year – thank so and so, a wonderful team, excellent script… boring? I don’t know who is who, but I just appreciate good movies. No doubt The Hurt Locker and Avatar are excellent, the foreign movie Un Prophete is good too… Up In The Air, The Blind Side are good to kill time… I need Oscar to tell me which movies are worth for watching.
Monday, March 08, 2010
Foreign Labours
Malaysia imported lots of foreign labours for the jobs they dislike to involve in, mainly the construction and plantation industries, and restaurant service sector. In the early stage, our narrow minded government opened the market mostly to Indonesians because of religion sake. After some years of residency, these immigrants were given a PR status, followed by citizenship. This was the tactic to increase the percentage of Muslim in Malaysia within the shortest period so to weigh up the political influence. Comparatively, other countries offered citizenship to the brilliant mind so to improve the quality of the country, but our stupid politicians apparently had no such vision.
The economy downturn and fear of terrorism have forced several European countries tightening their immigrant policy. The elimination of African illegal immigrants in southern Italy, the ban of burqa in France, and the prohibition of constructing minarets in Netherland have triggered protests.
The economy downturn and fear of terrorism have forced several European countries tightening their immigrant policy. The elimination of African illegal immigrants in southern Italy, the ban of burqa in France, and the prohibition of constructing minarets in Netherland have triggered protests.
Bangkok
I spent a night in Bangkok before flying back to Kigali. First of all, I still don’t like the new airport. It is further out from the city, less organized, looks like a huge factory storage.
Bangkok city center especially Silom area has more mega size shopping malls sprouting. As usual, I have visited the famous 4-faced Buddha beside Erawan Hotel. Delicious foods can be found easily. The nightlife at Patpong was lively as usual, every 20m someone would approach and offer me various kind of “entertainment”… well, this is Patpong especially when you are a bachelor strolling alone in the area… ha ha…
Bangkok city center especially Silom area has more mega size shopping malls sprouting. As usual, I have visited the famous 4-faced Buddha beside Erawan Hotel. Delicious foods can be found easily. The nightlife at Patpong was lively as usual, every 20m someone would approach and offer me various kind of “entertainment”… well, this is Patpong especially when you are a bachelor strolling alone in the area… ha ha…
Bombs in Kigali
Alert! 6 bombing cases within 2 weeks in Kigali, stirring panic in the city. Grenades were thrown in various spots, the latest was into a public transport. The victims suffered light injuries, news reported. No one claimed to be responsible for the crimes. Speculation said the act was to destabilize the politics and thus influence the coming national election in Aug. Seems that these bombs were just a warning, otherwise a greater destructive explosive would be detonated.
Chinese New Year Vacation
Back to work now after spending 2 weeks Chinese New Year vacation at home. Since this trip was not planned and most of my friends were not informed, basically I spent mostly on eating and sleeping and babysitting my niece and nephews. Have gained some weight swiftly which I had tried hard to get rid off in the past months.
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