Wednesday, September 30, 2015

Cuniculture

[Cuniculture: Raising Rabbits for Food]

Backyard Bunnies Are the New Urban Chickens

by Adam Starr

March 4, 2010

Why rabbit is the most sustainable meat for the city farmer. (Plus: How to cook it, and how to raise your own.)

By now we all know that eating a lot of meat-especially factory-farmed meat-isn't very good for the planet. Fortunately for meat eaters, some meats are more sustainable than others. And as it turns out, rabbit is one of the healthiest, leanest, and most environmentally friendly meats you can eat.

Tuesday, September 29, 2015

Ringgit sinks to new low of 3.12 against Singdollar; Singapore currency hits 6-year low against US$

29 Sep 2015

Ann Williams

SINGAPORE (REUTERS, BLOOMBERG) - The Malaysian ringgit and Indonesian rupiah slid to 17-year lows on Tuesday (Sept 29), as persistent worries about the health of the Chinese and global economies weighed on risk sentiment and dented emerging Asian currencies.

The ringgit fell for a sixth day and was down 0.9 per cent at 4.4650 a US dollar as of 10:01 am in Kuala Lumpur, according to prices from local banks compiled by Bloomberg. It earlier dropped to 4.4690, the weakest level since January 1998, and has plunged almost 16 per cent since June 30.

The Indonesian rupiah slipped to 14,730 at one point, its lowest level since July 1998.

Against the Singapore dollar, the ringgit touched a new low of 3.12 at 9:47 am and was trading at 3.1196 as of 10:06 am.

The Singdollar, meanwhile, touched a six-year low of $1.4335 per US dollar at 9:21 am and was trading at 1.4323 against the greenback at 10:05 am.

Monday, September 28, 2015

Why the US Budget is on the edge again

Jeremy Au Yong

SEP 25, 2015,

The United States government's Budget looks set to be blocked again for the Oct 1 new fiscal year. Why? Reason: Holding the country's Budget hostage over a side issue propels lawmakers to national attention and gains them a reputation for being tough, which appeals to conservative Republicans.

Sunday, September 27, 2015

What the PAP can learn from Britain's Labour Party

Peter Mandelson

25 Sep 2015

I first had the privilege of being introduced to Singapore by Mr Lee Kuan Yew in the 1990s, and have been returning here once or twice a year ever since.

One thing that has always struck me is the keen interest in what goes on in Britain, and the similarities in some respects of Singaporean and British politics.

During this last week in Singapore, my experience has been no different. Almost everyone I met was eager for me to explain what has happened in the British Labour party, and what the recent election of Mr Jeremy Corbyn as the party leader means for the direction of my country and for the party I have belonged to for over 40 years and about which I care deeply.

It occurs to me that one of the reasons for this intense interest is that Singaporeans see - quite rightly - some of their own politics reflected in those of Britain.

Singapore and small economies in a changing tide

David Skilling


Sep 26, 2015,

Small advanced economies are performing more poorly than before. Their performance portends an era of slow growth, high volatility for the global economy.

Singapore's growth rates are slowing, with a range of forecasters marking down their growth estimates. The Ministry of Trade and Industry recently narrowed its forecast 2015 growth rate to 2 to 2.5 per cent, and the Asian Development Bank forecast a growth rate for Singapore of 2.1 per cent for this year.

There is increasing talk of a technical recession - two consecutive quarters of negative growth - this year after a quarterly GDP growth reading of minus 4 per cent in the June quarter.

To understand some of the key drivers of this performance and the Singapore economic outlook, it is useful to look at the recent experience of the group of small advanced economies, which are selected advanced economies with populations of less than 10 million.

It is striking that after a sustained period of strong performances by small advanced economies relative to their larger economy peers and a generally effective small-economy response to the global financial crisis, small advanced economy growth rates over the past few years have been distinctly sluggish.

From an average growth rate of about 4 per cent in the 15 years between 1993 and 2007, growth in a 13-strong group of small advanced economies was about 2.5 per cent in the June 2015 quarter.

He borrowed $446,000 from his girlfriend while courting her

27 Sep 2015

But her faith in Jason Yeo finally pays off though it was an uphill road to success
Wong Kim Hoh Senior Writer


For the eight years that he courted Ms Lim Seou Lan until he married her in 1995, Jason Yeo was neither a doting nor indulgent boyfriend.

He was working 21 hours a day trying to keep his automation business afloat, and way too poor to afford her anything.

In fact, he often had to borrow money from the brokerage executive. By the time they tied the knot, he owed her a whopping $446,000.

"I asked her why she had no qualms lending me so much money," says Mr Yeo, 52. "She said she was investing in me."

Wednesday, September 23, 2015

Tax revenue up 4.4% in FY2014/15, with individual income tax collected rising 16%

While GST collection and betting taxes rose 7.4% and 8.9%, respectively, stamp duty collected fell S$1.1 billion in Financial Year 2014/15 compared to the previous year, the Inland Revenue Authority of Singapore said. 

23 Sep 2015
SINGAPORE: A total of S$43.4 billion was collected in tax revenue in Financial Year 2014/15, the Inland Revenue Authority of Singapore announced, up 4.4 per cent from the collection in the previous Financial Year.

This amount represents 71.3 per cent of the Government Operating Revenue, IRAS said in a media release on Wednesday (Sep 23).