Sunday, May 15, 2011

Keppel wins $772 mln orders for four rigs

SINGAPORE, May 15 (Reuters) – Singapore’s Keppel Corp said on Sunday its unit has got four repeat orders from Oslo-listed S.D. Standard Drilling Plc for jackup oil rigs worth $772 million.

(Read the full story on Reuters...)

Singapore patriarch Lee's departure signals reform

SINGAPORE, May 15, 2011 - Singapore independence leader Lee Kuan Yew's decision to step down after half a century in government could pave the way for reforms after the ruling party's worst election showing, analysts said Sunday.

The 87-year-old politician popularly known as "LKY" and his successor Goh Chok Tong, who turns 70 next week, announced Saturday that they would quit the cabinet of Lee's son, Prime Minister Lee Hsien Loong, 59.

The catalyst was the May 7 parliamentary election, which revealed deep anger against the People's Action Party (PAP) and confirmed the desire of young Singaporeans for a more open political system with checks and balances.

"This decision reflects the first major steps toward serious reform of the PAP, a generational transformation," Bridget Welsh, a political science professor at the Singapore Management University.

Mr Lee and Mr Goh explained their decision to leave the Cabinet was to allow a completely younger team of ministers to engage a younger Singaporean generation.

They urge the interests of the older generation must always be kept in mind.

However, Madam Halimah admitted that ensuring the young remains connected with the older generation may not be easy.

"The young (are) very much influenced by the Internet (and) social media," said Mdm Halimah.

"We need to find a way to connect (with) the young," she added.

Prime Minister Lee Hsien Loong didn't confirm that he would accept Mr Lee's and Mr Goh's resignation from the Government.

He said it's a "major event" and would like to take a couple of days to think before deciding.

PM Lee is expected to announce his new Cabinet line-up early next week.

Monday, May 9, 2011

Constituencies of Singapore

Constituencies in Singapore are electoral divisions which may be represented by single or multiple seats in the Parliament of Singapore. Constituencies are classified as either single member (SMC) or group representation constituencies (GRC). SMCs are single-seat constituencies but GRCs have several seats.

Boundaries of Electoral Constituencies
The boundaries of electoral constituencies in Singapore are decided by the Elections Department, which is under the control of the Prime Minister's Office. Electoral boundaries are generally announced close to elections, usually a few days before the election itself is announced. The have been accusations of gerrymandering regarding the redrawing of electoral boundaries and the dissolving of constituencies that return a high percentage of votes for parties other than the ruling PAP.
One of the cases that is often cited as evidence for gerrymandering is the case of the Cheng San Group Representation Constituency (GRC). In the 1997 Singaporean general election, the Cheng San GRC was contested by the PAP and the Workers' Party of Singapore (WP). The final result was very close, with the PAP winning by 53,553 votes to the WP's 44, 132 votes. By the time of 2001 general election the Cheng San GRC had been dissolved. Despite the disadvantages that has brought about for the opposition party in Singapore. The Workers' Party of Singapore has made history in 08/05/2011 with the first take over of Aljuined GRC during the General Election 2011

Group representation constituencies

Group representation constituencies (GRCs) are a type of electoral constituency that is unique to Singaporean politics. GRCs are multi-member constituencies which are contested by teams of candidates from different political parties. In each GRC, at least one candidate or Member of Parliament must be from a minority race: either a Malay, Indian or Other.
In 1988, the ruling People's Action Party (PAP) amended the Parliamentary Elections Act to create GRCs and to move away from the single member constituency system. The current act enables the President to create a GRC from three to six electoral wards. In creating GRCs the President is advised by the Elections Department. The initial maximum size for GRCs was three candidates, but this has subsequently been increased. In the 1991 Singaporean general election, the maximum number of candidates was raised from three to four. In 1997 the maximum number of candidates was further raised to six

Manny Pacquiao

Emmanuel Dapidran Pacquiao born December 17, 1978), also known as Manny Pacquiao, is a Filipino professional boxer and politician. He is an eight-division world champion, the first boxer in history to win ten world titles, the first to win in eight weight divisions, and the first to win the lineal championship in four different weight classes. He was named "Fighter of the Decade" for the 2000's by the Boxing Writers Association of America (BWAA). He is also a three-time The Ring and BWAA "Fighter of the Year", winning the award in 2006, 2008, and 2009.
Currently, Pacquiao is the WBC Super Welterweight World Champion and WBO Welterweight World Champion (Super Champion). He is also currently rated as the "number one" pound-for-pound best boxer in the world by most sporting news and boxing websites, including The Ring, BoxRec.com, Sports Illustrated, ESPN, NBC Sports, Yahoo! Sports, Sporting Life and About.com.
Aside from boxing, Pacquiao has participated in acting, music recording, and politics. In May 2010, Pacquiao was elected to the House of Representatives in the 15th Congress of the Philippines, representing the province of Sarangani. He is the only active boxer to become a congressman in the Philippines.

A film based on Pacquiao's life, Pacquiao: The Movie, was released on June 21, 2006, featuring Filipino actor Jericho Rosales as Manny Pacquiao and was directed by Joel Lamangan. The film flopped at the box office, grossing a total of only P4,812,191 (approximately US$99,322), as confirmed by Lamangan.
Pacquiao is featured in the boxing video games Fight Night Round 2, Fight Night Round 3, Fight Night Round 4 and Fight Night Champion. EA Sports released a limited edition demo of Fight Night Round 4, featuring Pacquiao and Ricky Hatton prior to their May 2 fight.
Pacquiao became the first Filipino athlete to appear on a postage stamp.
Pacquiao became the first Filipino Olympic non-participant to be Team Philippines’ flag-bearer during the August 8 opening ceremonies of the 2008 Summer Olympics at the Beijing National Stadium. Swimmer Miguel Molina, 2005 Southeast Asian Games’ Best Male Athlete, yielded the honor to Pacquiao, upon the request of President Gloria Macapagal-Arroyo to the national sports officials on the Philippines at the 2008 Summer Olympics.
Pacquiao plays basketball as a cross-training to keep himself in shape. He is playing in the semi-professional basketball league, Liga Pilipinas, with the team he owns, the MP-Gensan Warriors. He made his debut in the Smart-Liga Pilipinas Conference II in January 16, 2009. He wears jersey number 17.
Pacquiao became an honorary member of Boston Celtics. The honorary membership was bestowed on him in a brief ceremony and he was presented with a replica of a green and white Celtics jersey bearing his name and number 1. As a measure of gratitude, Pacquiao delivered a stockpile of red autographed boxing gloves to TD Garden. On March 10, 2010, prior to the night's game with Memphis Grizzlies, many of the Celtics had a special motivational gift waiting for them in their lockers.
With his popularity, various business sectors have solicited Manny Pacquiao's help in endorsing their products through commercial advertisements in print and in broadcast media. These include detergents, medicines, foods, beverage, garments, telecommunications, and even a political ad for politicians during the 2007 and 2010 Philippine elections. His most acclaimed commercials yet were for Nike's "Fast Forward" campaign (alongside Tiger Woods, Kobe Bryant, Maria Sharapova, Roger Federer, Cristiano Ronaldo and Liu Xiang) and San Miguel Beer with Jet Li and Érik Morales.
Pacquiao has been included by Time Magazine as one of the world's most influential people for the year 2009, for his exploits in boxing and his influence among the Filipino people. Pacquiao was also included by Forbes Magazine in its annual Celebrity 100 list for the year 2009, joining Hollywood actress Angelina Jolie and fellow athletes Tiger Woods and Bryant. Forbes also listed Pacquiao as the World's 6th Highest Paid Athlete, with a total of 40 Million Dollars ($40,000,000.00) or 2 Billion Pesos (₱2,000,000,000.00) from the second half of 2008 to the first half of 2009. Tied with him on the sixth spot was the NBA player LeBron James and golfer Phil Mickelson. Pacquiao was again included in Forbes' list of Highest Paid Athletes from the second half of 2009 to the first half of 2010; he was ranked 8th with an income of $42 million. Pacquiao had also won the 2009 ESPY Awards for the Best Fighter category, beating fellow boxer Shane Mosley and Brazilian mixed martial arts fighters Lyoto Machida and Anderson Silva.
Pacquiao has also graced the cover of Time Magazine Asia for their November 16, 2009 issue. According to their five-page feature story, "(Pacquiao is) a fighter with enough charisma, intelligence and backstory to help rescue a sport lost in the labyrinth of pay-per-view. Global brands like Nike want him in their ads." They also added, "Pacquiao has a myth of origin equal to that of any Greek or Roman hero. He leaves the Philippines to make it even bigger, conquering the world again and again to bring back riches to his family and friends. He became the eighth Filipino to grace the cover of the prestigious magazine, after former Philippine presidents Manuel L. Quezon, Ramon Magsaysay, Ferdinand Marcos, Corazon Aquino, Gloria Macapagal-Arroyo, Benigno Aquino III and Filipino actress and environmentalist Chin Chin Gutierrez. Pacquiao was also featured on the cover of Reader’s Digest Asia, where a seven-page story was written about the Filipino boxing superstar. The issue came out before Pacquiao’s epic match against De La Hoya on November 2008.