Bill Gates' TED Talk: Giving Teachers What They Deserve
http://mobile.thegatesnotes.com/Topics/Education/TED-Talk-Giving-Teachers-What-They-Deserve?WT.mc_id=05_13_2013_TEDED_tw&WT.tsrc=Facebook
Wednesday, 15 May 2013
Bill Gates' TED Talk: Giving Teachers What They Deserve
Bill Gates' TED Talk: Giving Teachers What They Deserve
http://mobile.thegatesnotes.com/Topics/Education/TED-Talk-Giving-Teachers-What-They-Deserve?WT.mc_id=05_13_2013_TEDED_tw&WT.tsrc=Facebook
Saturday, 16 July 2011
Why seniors end up as security guards (Singapore, The Straits Times)
http://www.straitstimes.com/STForum/Story/STIStory_691154.html
ST Forum of The Straits Times, 16th July 2011, Saturday
Why seniors end up as security guards
FOR the past three years, my 69-year-old mother has tried three times to secure a simple job, slicing fish, with NTUC FairPrice. Each time, the interviewer, upon finding out her age, turned her down.During one interview, she was asked whether she was strong enough to carry goods, or quick enough at work. This puzzled her because strength and speed are not vital to a job like cutting or slicing fish.
After the third try, my mother gave up. She signed up for classes to be a security guard - she was the oldest in her class - and is currently working 12-hour shifts nightly.
I shop at FairPrice daily and have encountered cashiers and fish packers who are foreigners and cannot execute a simple exchange of goods or tell me where the shrimps are without help from their local colleagues.
So, I cannot help but wonder why applicants like my mother are turned down.
After my mother's experience, I am not surprised to see so many seniors working as security guards everywhere - in boutiques such as Zara in Liat Towers, VivoCity and Ngee Ann City.
These are citizens who built the nation but must now stay on their feet for 12 hours daily for pay that is less than $1,500 a month.
Don't they deserve less physically demanding work, especially when such jobs are available?
I hope the Ministry of Manpower will review the long hours in jobs held by people like security guards, especially if they are seniors. A more humane arrangement for them is an eight-hour shift.
Joanna Han (Mrs)
Friday, 8 April 2011
Ex-gambling addicts tell their stories in new book "Broken By Gambling, Reconciled In Hope"
Straits Times, Apr 8, 2011
Ex-gambling addicts tell their stories in new book
PAULINE lived in fear that her gambler husband, who had stolen money from two companies to pay his debts and was jailed once for embezzlement, would kill himself and his family to end all their misery.
The sub-contractor was hooked on jackpot machines, soccer bets and 4-D, betting up to $1,000 a week on 4-D alone. At his lowest, he owed about 20 loan sharks over $40,000, and banks and relatives another $100,000.
The father of two boys had often expressed thoughts of suicide. When Pauline, a 39-year-old clerk, showed him a newspaper article of a gambler who had killed his wife and their two children, before jumping to his own death in 2005, and asked him pointedly: 'You are not going to do this to us, are you?', his only response was a wry smile.
In desperation, she dragged him to a support group run by the One Hope Centre, a Christian group that helps gambling addicts and their families. Through counselling and witnessing how others managed to rebuild their lives, the 41-year-old, now a cabby, has broken free of his addiction.
These and 14 other real-life accounts of how gamblers kicked the habit have been compiled in a new bilingual book, Broken By Gambling, Reconciled In Hope. Published by the One Hope Centre and written by Lianhe Wanbao correspondent Woon Wei Jong, 38, it is on sale for $10 at major bookshops, such as MPH and Times Bookstores.
Of the book, Pastor Tan Lye Keng, the centre's 57-year-old executive director, said: 'We want to tell people that there is still hope, that people can stop gambling and mend their family relationships. Most of the gamblers we see are hopeless, desperate and suicidal. And some have tried to kill themselves.'
With two casinos in Singapore and more gamblers asking for its help, he said the centre wants to raise awareness of the pitfalls of gambling. The two support groups it runs weekly now see about 60 to 70 people per session, up from 40 to 50 before the casinos opened.
Gambling is not a 'play-play thing', as many people view it, but a menace that can destroy your life, he added. Those who learnt this the hard way include high-flying professionals and a top student who had to quit school to work to pay off his gambling debts, who was featured in the book.
The former gifted education programme student, now in his 20s, was known to his friends as the 'Teenage God of Gamblers'. He picked up online soccer betting in Secondary 3. He graduated to online casino games and lost more than $100,000 in a year.
Soon his mounting losses made him resort to loan sharks, and he had to quit school to work to pay them off. In desperation, he stole from his company, got caught, wrote a suicide note and prepared to end his life. Fortunately, his father stepped in as he was about to step off the ledge.
After counselling at the One Hope Centre, he realised he did not want to 'squander his youth' away. Now in the Air Force, he shared his story to warn other young people about the dangers of online gambling.
With the two casinos a short ride away, Pastor Tan said he is also concerned over the growing number of retirees and housewives - who were not gamblers to start with but got hooked after visiting the casino 'for fun'.
The Institute of Mental Health, which treats gambling addicts, says it is seeing more gamblers seeking help. Its latest figures, which are for the financial year ended March 2010, saw 217 new gamblers, three times the number - 71 - two years before that.
However, with those figures, it is probably too soon to examine the casinos' impact given that Resorts World Sentosa opened only in February last year, while Marina Bay Sands' soft-launch was in April last year.
Wednesday, 6 April 2011
Malaysian jailed for theft, cheating casino (Singapore Casino related Crimes)
Straits Times dated 6 April 2011, Wed
A MALAYSIAN gambler lost all his money and later used a $100 chip belonging to another patron for his own gain.
Yesterday , Goh Wing Wal , 30, was sentenced to a month in jail for theft and cheating the Marina Bay Sands casino last month.
A district court heard yesterday that the salesman came here as a tourist and visited the casino at 10am on March 12.
It was not known how much money he had with him but, by 2pm, he had lost it all.
About 20 minutes later, he saw Mr How Yew Hock placing a bet, using a $100 chip, on the Sic Bo table. Sic Bo is a game of three dice.
When Mr How went over to the next table to observe the action, Goh moved the chip from Mr How's bet on 'Big' to the number 'Four'. When two dice turned up with that number, Goh won $200 and left the table $300 richer.
After Mr How noticed that his chip had gone missing, he informed the croupier and the closed-circuit television footage revealed the identity of the culprit.
Goh, who was still in the casino, was handed over to the police. There was no money on him. He had lost it all.
He was jailed two weeks for theft and a month for duping the casino into paying him for the wager with the stolen chip.
District Judge Roy Neighbour ordered that the jail terms be run concurrently, so the total sentence is a month.
The maximum penalty for theft is a $10,000 fine and a three-year jail term while that for cheating is a $10,000 fine and a 10-year jail term.
Monday, 10 January 2011
Manager jailed for $20,700 criminal breach of trust (Casino related crime)
straitstimes.com, dated 10 January 2011, Monday
Reported by Elena Chong
============================================
A LOCAL shoe-chain executive who gambled away $20,733 from the outlet's daily sales collections was jailed for nine months on Monday for criminal breach of trust.
Michael Ng, 25, an Indonesian, was working at Charles & Keith's Suntec outlet at Temasek Boulevard when he committed the offence between Sept 13 and 24 last year.
The court heard that he was supposed to bank in the daily sales of the company's outlet but instead used the money to feed off his gambling habit.
He would take the daily proceeds and 'try his luck'' at the casinos. But he lost all the money.
He could have been jailed for up to 15 years and fined.
Wednesday, 5 January 2011
Casino exclusion process now faster
The Straits Times, Jan 4, 2011
Casino exclusion process now faster
By Ng Kai Ling
FAMILIES will now be able to get their relatives with gambling problems barred from casinos, just two weeks after they apply for it.
This comes after changes to the application process by the National Council of Problem Gambling (NCPG).
Acting on feedback that six weeks was too long, the NCPG has more than halved the processing time by ensuring that a hearing date is set for each case once someone contacts the council for a family exclusion order.
Earlier, families and subjects of the exclusion order would have to go through counselling, and have a detailed 25-page report on their circumstances submitted before a hearing date could be set.
This part of the process is often the most time-consuming, said Tanjong Pagar Family Service Centre senior counsellor Charles Lee, because problem gamblers can be uncooperative and delay the hearing by skipping appointments.
With the new process, a hearing date is set even before the counselling is done, and regardless of whether the gambler turns up or not, a decision can be made based on the family's input.
If the application is approved, an exclusion order is issued immediately after the hearing. Following which, case workers can recommend follow-up counselling sessions. Families can also ask for them after the order is given.
The NCPG started testing out the process early last month after frustrated families complained about the time it took to have a family exclusion order issued.
One family member, Mr Richard Ho, wrote to the Straits Times Forum page on Nov 27 last year, saying that the process to get a ban on one of his relatives was too bureaucratic and long.
NCPG chairman Lim Hock San said a lot of waiting time has been cut by having the counselling session and hearing on the same day.
'We want to help families better manage the tensions and conflict from an application for family exclusion. Yet, we have also learnt that families feel an urgent need to stop problem gambling.'
Mr Lee recalled a recent case of a husband gambling away the daily $30 maintenance money he was supposed to give his wife and three kids.
'In this case, the faster approval definitely helped as we could stop the man from gambling away more money,' he said.
To meet the shorter timeline, the NCPG has deployed more manpower, starting last month.
So far, the council has received 410 applications for family exclusion orders since April 2009. As of Dec 31 last year, 297 problem gamblers have been slapped with family exclusion orders.
Unlike cases of voluntary self-exclusion, where gamblers get themselves banned from casinos with immediate effect, family exclusion orders take longer to process.
Mr Lee said applications often get delayed because the parties involved would postpone their counselling appointments or simply not show up.
'Now they get a hearing date immediately and a letter from the NCPG informing them about it. They treat it more seriously. They know that it is important and that it is a time for them to tell their side of the story,' he added.
Friday, 26 November 2010
PRIMARY SCHOOL LEAVING EXAMINATION RESULTS: Rosyth boy tops PSLE
Info Source: www.straitstimes.com dated 2010-11-25
ALEX Tan Kian Hye of Rosyth School is the top Primary School Leaving Examination (PSLE) pupil this year with a score of 282.
Fu Wan Ying from Tao Nan School had the second highest score of 279.
The top Malay pupil is Aquilah Dariah Mohd Zulkarnain, of Coral Primary School who scored 278, while the top Indian pupil is Muhammad Hameem, of Henry Park Primary School with a score of 274, and the top Eurasian pupil is Lendermann Monika Jiz-xin, of CHIJ Our Lady Queen of Peace, with a 269 score.
A total of 45,049 Primary 6 pupils sat for the PSLE this year. Of these, 43,826 pupils, or 97.3 per cent, can go on to secondary school.
Among the others, 63 per cent are eligible for the Express course, 22.1 per cent for the Normal (Academic) and 11.7 per cent for the Normal (Technical) course.
There are 1,223 pupils or 2.7 per cent who did not qualify for secondary school. These pupils can choose to apply to Assumption Pathway School (APS) or NorthLight School (NLS) based on recommendations of their primary school principals, or spend another year in Primary 6 to consolidate their learning.
Tuesday, 26 October 2010
NEA website has all info on dengue
The following letter is form the ST Forum of the Straits Times dated 25 October 2010, Monday.
WE THANK Mr Lim Hai Leong for his interest in dengue control and sharing his ideas with us ('Dengue cases: Review the reporting of these numbers, as interpreting them can influence how we tackle the problem'; Oct 13)
The National Environment Agency (NEA) publishes the locality of dengue fever cases on its website to alert residents in the area to rid their premises of breeding grounds. Information on what residents can do to protect themselves and family members from dengue fever is also available on the website.
We agree with the writer that information such as the number of people who have recovered from the disease or the disease infection rate is useful, but more so for disease monitoring and control purposes by the authorities.
The NEA has two key criteria for clustering of dengue cases. A dengue cluster is formed when two or more dengue cases occur within 14 days from the onset of their fever and the likely places of infection are within 150m of each other.
A cluster will be closed only when no new case is reported after 14 days from the onset of fever of the last dengue case.
The clustering of cases is important as it helps in vector control management. We assure Mr Lim that our inspections on the ground at Telok Blangah extend beyond the cluster radius by 50m to 100m. All common areas frequented by dengue cases in the cluster are also inspected to eliminate possible sources of infection.
Thus far, no fatality has been reported in these two clusters and one of the clusters has closed.
S. Satish Appoo
Director Environmental Health Department
National Environment Agency
WE THANK Mr Lim Hai Leong for his interest in dengue control and sharing his ideas with us ('Dengue cases: Review the reporting of these numbers, as interpreting them can influence how we tackle the problem'; Oct 13)
The National Environment Agency (NEA) publishes the locality of dengue fever cases on its website to alert residents in the area to rid their premises of breeding grounds. Information on what residents can do to protect themselves and family members from dengue fever is also available on the website.
We agree with the writer that information such as the number of people who have recovered from the disease or the disease infection rate is useful, but more so for disease monitoring and control purposes by the authorities.
The NEA has two key criteria for clustering of dengue cases. A dengue cluster is formed when two or more dengue cases occur within 14 days from the onset of their fever and the likely places of infection are within 150m of each other.
A cluster will be closed only when no new case is reported after 14 days from the onset of fever of the last dengue case.
The clustering of cases is important as it helps in vector control management. We assure Mr Lim that our inspections on the ground at Telok Blangah extend beyond the cluster radius by 50m to 100m. All common areas frequented by dengue cases in the cluster are also inspected to eliminate possible sources of infection.
Thus far, no fatality has been reported in these two clusters and one of the clusters has closed.
S. Satish Appoo
Director Environmental Health Department
National Environment Agency
School closure: Help S'poreans who have no protection
The following letter is from ST Forum of the Straits Times dated 25 October 2010, Monday.
MY SON was one of the students affected by the closure of the School of Applied Studies ('Private school closes suddenly'; last Friday).
At a meeting last Wednesday evening, the school's chief executive and representatives from the Council for Private Education (CPE) and a bank had briefed students and parents on the situation.
I hope the CPE and the relevant authorities would resolve some of the issues raised and ensure that the promises made by the school's CEO are kept.
The Straits Times report quoted a CPE spokesman as saying that the private school was working with the insurance providers and escrow banks to work out how much money would be returned to students.
There are a number of Singaporean students who paid their fees last year before the implementation of the fee protection system, and they are left with no recourse.
One such student, the child of a single parent, paid $32,000 (total sum for courses leading to a degree) after taking a bank loan. Now, the parent does not know how to get the remaining fees back, and the student has just a diploma.
Another Singaporean student who paid $36,000 last year is also not protected under any system.
When the new fee insurance system was implemented, such students should have been provided protection. Will anyone be punished for this oversight?
Steps should also be taken to improve the new protection system and plug its loopholes.
Upon checking my son's insurance certificate sent to us after he had completed two semesters, I noted that the limit of indemnity for the fee paid had been under-declared by the school.
Lim Siew Imm (Ms)
Sunday, 26 September 2010
Top private tutors raking in big bucks (by Radha Basu, Senior Correspondent )
The following report is from the Sunday Times dated 26 September 2010.
Many in tuition- hungry Singapore say that incomes are up by at least 30%
By Radha Basu, Senior Correspondent
When Ms Janice Chuah first started her private tuition classes in January last year, she had only five pupils.
She earned $1,000 a month.
Her pupil base has since grown tenfold - and she now earns up to $15,000 a month teaching maths to primary school pupils.
Ms Chuah, 36, who has won several awards from the Ministry of Education, had quit teaching in a primary school to become a private tutor. She wanted to spend more time with her three young boys, aged between three and nine.
She now puts in half her previous 40-hour work week while earning more than double her previous salary.
When she quit her job, she was prepared to give up a paid employee's perks like bonuses, medical benefits and annual leave.
'I was willing to initially sacrifice income for more flexibility,' she said. 'I've been lucky to marry work with passion, have flexible hours, and earn a respectable income.'
She has since also registered her own private education centre, employing five tutors. She hopes to list the company on the stock exchange some day. 'The sky is the limit for me,' she said, beaming.
Indeed, with parents in Singapore spending $820 million on private tuition in 2008 - nearly double that a decade earlier - private tutors, especially those in the top league, are raking in big bucks.
Half a dozen well-established tutors The Sunday Times spoke to have all seen incomes rise by at least 30 per cent over the past couple of years.
It is a business that seems to be recession-proof, with some tutors earning upwards of $1 million a year, said Mr Tong Yee, a former junior college teacher.
Mr Tong is one of the founders of School of Thought, an education consultancy that provides affordable tuition and which also aims to see private tuition done away with, as schools improve on their teaching methods.
'I reckon there are at least 10 top tutors who earn upwards of $1 million a year,' he said. He estimates that there could be another 25 earning more than $200,000.
An economics tutor he knows, for instance, coaches 70 students during each weekly session. With six such sessions, he has at least 420 students. This person, Mr Tong said, earns around $55,000 a month.
Such tutors rarely have to advertise; students mostly hear about them by word of mouth.
The Sunday Times understands that this discreet method - in which they typically get paid in cash - also means they are not on the taxman's radar.
But one super tutor who is not shy about his income is Mr Phang Yu Hon, 43, who teaches physics to upper secondary and junior college students.
Mr Phang, a former Mindef research engineer with a first-class honours degree in electrical engineering from the National University of Singapore, earned more than $522,000 after expenses last year - or more than $40,000 a month.
He declared all this and paid $85,000 in taxes. This year, he expects to earn between $600,000 and $700,000.
When he began giving tuition full-time in 1997, he earned less than $10,000 in his first year. 'It was a big pay cut and people thought I was wasting my education,' Mr Phang said. 'But I liked to teach and wanted to control my own destiny.'
From just eight students at the end of 1997, he now has 200. Fees for secondary school students start at $320 a month; those in junior college pay $340 upwards.
Ms Celine Loi's business is another success story. The maths tutor's income has doubled since she was featured in a Sunday Times piece on super tutors in 2008.
The NUS maths graduate declined to say exactly how much she earns, but her takings have increased by a 'six-digit' figure in recent years.
Ms Loi, 35, claims that she is able to help weak students attain good grades in maths. She has around 160 students currently and another 40 on a wait list.
Mr Kelvin Ong, meanwhile, has carved out a niche - in tutoring children who want, or whose parents want them, to get into the Gifted Education Programme.
Mr Ong, 35, runs his own academic enrichment company AristoCare.
He takes in only 10 pupils every year, works just 32 hours a week, but earns 30 per cent more than what he did as a gifted education teacher at a well-known boys' school.
But he is quick to advise aspiring tutors that not everyone makes it to the top league, that they should consider the high stakes and 'big stresses' involved.
'There are no bonuses,' he said.
'Unlike the schools, you can lose all your students if you don't deliver good results,' he added.
Indeed, the vast majority of tutors here are unlikely to earn anywhere near six figures.
It is difficult to assess median incomes of private tutors, given the unregulated nature of the business. But at some private tuition centres, the pay for full-time tutors starts at $1,800 a month.
Untested tutors aiming for the top league have to prove themselves first, especially as appraisals in many tuition centres are linked to how students perform.
And many home tutors are dropped the moment students don't perform.
Ms Chuah said there is a 'preconceived notion' that tutoring is easy work.
'To be a good teacher, I need to make the effort to understand what and why my students don't understand. I must have the patience to explain to them until they do, even for the zillionth time,' she said. 'And that's not easy at all.'
Many in tuition- hungry Singapore say that incomes are up by at least 30%
By Radha Basu, Senior Correspondent
When Ms Janice Chuah first started her private tuition classes in January last year, she had only five pupils.
She earned $1,000 a month.
Her pupil base has since grown tenfold - and she now earns up to $15,000 a month teaching maths to primary school pupils.
Ms Chuah, 36, who has won several awards from the Ministry of Education, had quit teaching in a primary school to become a private tutor. She wanted to spend more time with her three young boys, aged between three and nine.
She now puts in half her previous 40-hour work week while earning more than double her previous salary.
When she quit her job, she was prepared to give up a paid employee's perks like bonuses, medical benefits and annual leave.
'I was willing to initially sacrifice income for more flexibility,' she said. 'I've been lucky to marry work with passion, have flexible hours, and earn a respectable income.'
She has since also registered her own private education centre, employing five tutors. She hopes to list the company on the stock exchange some day. 'The sky is the limit for me,' she said, beaming.
Indeed, with parents in Singapore spending $820 million on private tuition in 2008 - nearly double that a decade earlier - private tutors, especially those in the top league, are raking in big bucks.
Half a dozen well-established tutors The Sunday Times spoke to have all seen incomes rise by at least 30 per cent over the past couple of years.
It is a business that seems to be recession-proof, with some tutors earning upwards of $1 million a year, said Mr Tong Yee, a former junior college teacher.
Mr Tong is one of the founders of School of Thought, an education consultancy that provides affordable tuition and which also aims to see private tuition done away with, as schools improve on their teaching methods.
'I reckon there are at least 10 top tutors who earn upwards of $1 million a year,' he said. He estimates that there could be another 25 earning more than $200,000.
An economics tutor he knows, for instance, coaches 70 students during each weekly session. With six such sessions, he has at least 420 students. This person, Mr Tong said, earns around $55,000 a month.
Such tutors rarely have to advertise; students mostly hear about them by word of mouth.
The Sunday Times understands that this discreet method - in which they typically get paid in cash - also means they are not on the taxman's radar.
But one super tutor who is not shy about his income is Mr Phang Yu Hon, 43, who teaches physics to upper secondary and junior college students.
Mr Phang, a former Mindef research engineer with a first-class honours degree in electrical engineering from the National University of Singapore, earned more than $522,000 after expenses last year - or more than $40,000 a month.
He declared all this and paid $85,000 in taxes. This year, he expects to earn between $600,000 and $700,000.
When he began giving tuition full-time in 1997, he earned less than $10,000 in his first year. 'It was a big pay cut and people thought I was wasting my education,' Mr Phang said. 'But I liked to teach and wanted to control my own destiny.'
From just eight students at the end of 1997, he now has 200. Fees for secondary school students start at $320 a month; those in junior college pay $340 upwards.
Ms Celine Loi's business is another success story. The maths tutor's income has doubled since she was featured in a Sunday Times piece on super tutors in 2008.
The NUS maths graduate declined to say exactly how much she earns, but her takings have increased by a 'six-digit' figure in recent years.
Ms Loi, 35, claims that she is able to help weak students attain good grades in maths. She has around 160 students currently and another 40 on a wait list.
Mr Kelvin Ong, meanwhile, has carved out a niche - in tutoring children who want, or whose parents want them, to get into the Gifted Education Programme.
Mr Ong, 35, runs his own academic enrichment company AristoCare.
He takes in only 10 pupils every year, works just 32 hours a week, but earns 30 per cent more than what he did as a gifted education teacher at a well-known boys' school.
But he is quick to advise aspiring tutors that not everyone makes it to the top league, that they should consider the high stakes and 'big stresses' involved.
'There are no bonuses,' he said.
'Unlike the schools, you can lose all your students if you don't deliver good results,' he added.
Indeed, the vast majority of tutors here are unlikely to earn anywhere near six figures.
It is difficult to assess median incomes of private tutors, given the unregulated nature of the business. But at some private tuition centres, the pay for full-time tutors starts at $1,800 a month.
Untested tutors aiming for the top league have to prove themselves first, especially as appraisals in many tuition centres are linked to how students perform.
And many home tutors are dropped the moment students don't perform.
Ms Chuah said there is a 'preconceived notion' that tutoring is easy work.
'To be a good teacher, I need to make the effort to understand what and why my students don't understand. I must have the patience to explain to them until they do, even for the zillionth time,' she said. 'And that's not easy at all.'
Friday, 20 August 2010
Demand (of private tuition) raises questions about effectiveness of remedials
The following is from ST Forum of the STraits Times dated 19 August 2010
ST Forum
Aug 19, 2010
Demand raises questions about effectiveness of remedials
IN RECENT years, there has been a growing emphasis on work-life balance. This is much welcome, but efforts seem targeted at working adults.
I think we have overlooked the same need for our young.
Our children not only attend school, but they must also stay back for project work, a host of activities other than co-curricular programmes and, on top of these, remedial classes.
Students, especially those in upper secondary, stay back as late as 5pm or 6pm for compulsory remedial classes for different subjects on different days of the week. And when they finally get home, many have to rush through dinner as they probably still have homework to complete, tests to revise for and maybe projects to work on.
Besides, much as some people would like to deny it, private tuition is almost a necessity nowadays.
This insatiable need for tuition should set school managements thinking: Are the remedial programmes effective?
We need to make time for students to wind down, recharge, reflect and relax. They need time for family and friends.
We cannot have a system in which academic excellence always prevails.
For the many students who are of average calibre, this kills passion for learning anything at all, not to mention the adverse effects on their self-esteem, and relationships with friends and family.
I hope the Education Ministry and Ministry of Community Development, Youth and Sports will study the issue and craft policies and programmes that complement one another. This can be done by having the needs of our young in mind.
Constance Lee (Ms)
ST Forum
Aug 19, 2010
Demand raises questions about effectiveness of remedials
IN RECENT years, there has been a growing emphasis on work-life balance. This is much welcome, but efforts seem targeted at working adults.
I think we have overlooked the same need for our young.
Our children not only attend school, but they must also stay back for project work, a host of activities other than co-curricular programmes and, on top of these, remedial classes.
Students, especially those in upper secondary, stay back as late as 5pm or 6pm for compulsory remedial classes for different subjects on different days of the week. And when they finally get home, many have to rush through dinner as they probably still have homework to complete, tests to revise for and maybe projects to work on.
Besides, much as some people would like to deny it, private tuition is almost a necessity nowadays.
This insatiable need for tuition should set school managements thinking: Are the remedial programmes effective?
We need to make time for students to wind down, recharge, reflect and relax. They need time for family and friends.
We cannot have a system in which academic excellence always prevails.
For the many students who are of average calibre, this kills passion for learning anything at all, not to mention the adverse effects on their self-esteem, and relationships with friends and family.
I hope the Education Ministry and Ministry of Community Development, Youth and Sports will study the issue and craft policies and programmes that complement one another. This can be done by having the needs of our young in mind.
Constance Lee (Ms)
Tuition industry lacks regulation
The following is from the ST Forum of the Starits Times dated 19 August 2010.
Aug 19, 2010
CONSUMERS UNPROTECTED
Tuition industry lacks regulation
WAS surprised and relieved to see the article on Sunday ('Is your child's tutor qualified?').
I am the chief executive officer of the Australian Tutoring Association (ATA) and last year, while in Singapore, I met two large tuition companies here to speak about issues that the tuition industry could address.
These issues included:
· Tutor qualifications;
· Child protection;
· Truth in advertising; and
· Consumer protection.
Both businesses expressed interest in forming an association similar to the ATA. However, neither has acted despite both recognising serious issues in the industry.
In Australia, the ATA has given consumers a choice between those places offering accountable, honest and open tuition, and those that do not.
We do this by having members agree to abide by our code of conduct, which is available online to consumers and to which all members are accountable.
Why isn't there a tuition association in Singapore which benchmarks minimum standards for all tutors?
Why is the industry unregulated?
Who is most vulnerable?
A responsible industry has a representative body. It seems odd that in Singapore, where there is a real focus on education, the private sector is not called upon to demonstrate more initiative with regard to consumers.
The worst aspects of the sector in Australia are similar to those that occur here: Online tuition and the use of agents (in the case of tuition agencies that are not registered with the Ministry of Education).
I think serious questions should be asked about the tuition sector in Singapore, and all related businesses should be subject to greater consumer scrutiny until there is a representative body that is prepared to publicly call for minimum standards and work with the Government as well as consumer protection and educational bodies.
Mohan Dhall
Aug 19, 2010
CONSUMERS UNPROTECTED
Tuition industry lacks regulation
WAS surprised and relieved to see the article on Sunday ('Is your child's tutor qualified?').
I am the chief executive officer of the Australian Tutoring Association (ATA) and last year, while in Singapore, I met two large tuition companies here to speak about issues that the tuition industry could address.
These issues included:
· Tutor qualifications;
· Child protection;
· Truth in advertising; and
· Consumer protection.
Both businesses expressed interest in forming an association similar to the ATA. However, neither has acted despite both recognising serious issues in the industry.
In Australia, the ATA has given consumers a choice between those places offering accountable, honest and open tuition, and those that do not.
We do this by having members agree to abide by our code of conduct, which is available online to consumers and to which all members are accountable.
Why isn't there a tuition association in Singapore which benchmarks minimum standards for all tutors?
Why is the industry unregulated?
Who is most vulnerable?
A responsible industry has a representative body. It seems odd that in Singapore, where there is a real focus on education, the private sector is not called upon to demonstrate more initiative with regard to consumers.
The worst aspects of the sector in Australia are similar to those that occur here: Online tuition and the use of agents (in the case of tuition agencies that are not registered with the Ministry of Education).
I think serious questions should be asked about the tuition sector in Singapore, and all related businesses should be subject to greater consumer scrutiny until there is a representative body that is prepared to publicly call for minimum standards and work with the Government as well as consumer protection and educational bodies.
Mohan Dhall
Is your child's tutor qualified?
The following was a report in the Sunday Times dated 15 august 2010.
---------------------------------------------------
Aug 15, 2010
Is your child's tutor qualified?
Many parents rely mostly on word-of-mouth referrals when hiring tutors
By Lin Wenjian, Relatively Speaking
When the English language tutor Mrs Lynn Woo hired told her daughter to 'ownself do' a question in an assessment paper, the concerned mother who overheard the Singlish phrase decided to sack the tutor.
Never mind that it was only the first lesson.
Mrs Woo, 35, an insurance specialist, says: 'I spoke to her only briefly on the phone before I agreed to hire her. It was when she was here in my home that I heard her talking to my daughter in broken English. So I terminated her services immediately after the first lesson.'
The incident happened last year. Mrs Woo paid the tutor the $30 fee for the one-hour lesson through her colleague who 'knows her and highly recommended her', but not before 'I chided my colleague for recommending someone like that'.
Mrs Woo's daughter, now in Primary Four, is currently taking English lessons from another tutor - also a recommendation, this time by a cousin.
She says: 'I was more careful this time. I asked my nephew, who had been taught by the tutor for about two years, about her teaching style and confirmed her qualifications and experience over the phone before I agreed to hire her.
'And during the first lesson, I observed the way she taught my girl.'
Tuition is a minefield for parents because it is a big-money industry that is largely unregulated.
According to the latest data from the Singapore Department of Statistics, there are 495 Ministry of Education-registered tuition centres here in 2008 - up from 387 in 2004 - with total operating receipts of $137.1 million.
These figures exclude fees paid to private individual tutors and tuition agencies which find freelance tutors for students. Private tutors and agencies need not register with the ministry, which means there are many unknowns when it comes to hiring them, the chief ones being the veracity of their qualifications, their ability to teach as well as their moral character.
Hence, parents have to take on the responsibility of checking the quality of extra academic help they get their children.
If parents are slack in checking the tutors they hire, not only might their children not improve in their studies, they might even be abused.
Madam Sally Lam found out that her son was pinched by the tutor hired to teach the eight-year-old and his twin sister.
'My son complained that he was pinched on the cheeks a few times because he was playful. But he is only eight years old, how do you expect him to behave all the time?' says the 40-year-old homemaker, who has another son, aged 12.
There was another reason she sacked the tutor just six months after he started work on the recommendation of the twins' previous tutor.
'My children's grades didn't improve after one semester and he struggled with the mathematics problems my elder son asked about, so I don't think he is very good even though he is a university graduate and even brought his certificates to show me on the first day,' she says.
Although some parents verify the credentials and qualifications of prospective tutors, most still rely on word-of-mouth recommendations from people they know.
'A degree and tutoring experience are good, but I am more concerned about whether they can get along with my sons and if they have the ability to communicate effectively,' says Mrs Patricia Chua, whose two sons, Keith, 14, and Warren, 12, have had tuition since they were in Primary One.
She got more than she bargained for with one tutor - she got along too well with Warren and talked to the boy more than taught him.
'When Warren was in Primary Three, his English and science tutor spent most of the time chatting with him in the room during lessons, and we also did not see improvements in his results,' says Mrs Chua, who replaced the tutor with the boy's current one after one year.
Private tutors whom LifeStyle spoke to agree that with the industry still largely unregulated, there are bound to be some black sheep among them.
Mr Ronald Wee, 50, who runs his own distributing business, has been tutoring primary and secondary school students in mathematics and science on weekends for five years. He says he knows of 'some private tutors who will not accept students with poor grades for fear that it might affect their reputation if these students show no improvement or continue to fail after taking tuition from them'.
Some tutors lie about their experience.
Events manager Jerrine Lim, 28, who gives tuition part-time, says: 'I've seen some tutors claim to have full-time teaching experience when they have done only some relief teaching in schools.'
While private tutors acknowledge that the bulk of their business comes from referrals, they insist some forms of checks are necessary for parents to have peace of mind.
Full-time tutor Ryan D'Souza, 36, believes that 'qualifications definitely matter for the subjects I teach'.
A tutor for the past 10 years, he teaches mathematics, chemistry and physics to students from primary school to junior college.
'A bachelor's degree is an essential requirement to teach upper secondary and JC students,' adds Mr D'Souza, who has a degree in mathematics, physics and computer science awarded by an overseas university.
Beyond the checking of qualifications, another full-time tutor Angel Ngoh, 34, usually proposes 'a paid trial lesson' to parents of potential new students.
'I'll encourage them to sit in during the trial lesson and they are free to observe how I conduct lessons,' says Ms Ngoh, who specialises in teaching primary- and secondary-level mathematics and science subjects.
Tuition centres are another option for parents who want to be sure their children are getting the help they need. The organisations that LifeStyle contacted say they put prospective tutors through a few rounds of screening and interviews before hiring them.
Mr Dennis Ng, director of Kent Ridge Tutors, which has 11 centres islandwide, says the company 'imposes very strict criteria on the selection of our tutors'.
Among other things, new tutors must be graduates who have taught in a government school for at least three years.
They must also possess the X factor. Mr Ng says: 'Our tutors don't just teach. They must also be able to build rapport with our students and their parents.'
Over at Potter's Clay Education Centre in Marine Parade, chief executive and principal Darren Chua has implemented a 'demo-teaching' class for all prospective hires since the centre opened in July last year.
'The candidates are assessed on three key areas: knowledge, delivery and presentation, and rapport with students,' says Dr Chua, who adds that his centre may contact potential tutors' previous employers for character references.
Tuition centres keep up the checks even after the tutors are hired. Mrs Rosabel Teo, 39, centre director of Kip McGrath Tampines North Centre, will routinely check the lesson plans prepared by her team of five tutors. Once a month, she will also sit in and co-teach a class 'to ensure the consistency of the tutors'.
'The students, especially those in secondary schools, are also good judges of a tutor's ability and can give me feedback immediately,' she says.
These measures tuition centres have taken seem to be working. According to the Consumers Association of Singapore, there were just 15 cases of complaint against tuition centres and tutors last year, down from 27 in 2008.
While that is good news to parents looking for tutors, the best advice they could heed might be Ms Ngoh's.
She says: 'A suitable tutor is one who is able to accompany the students on their learning journey and to motivate them to learn independently.'
To find those tutors, there is no shortcut but for parents to talk to their children.
---------------------------------------------------
Aug 15, 2010
Is your child's tutor qualified?
Many parents rely mostly on word-of-mouth referrals when hiring tutors
By Lin Wenjian, Relatively Speaking
When the English language tutor Mrs Lynn Woo hired told her daughter to 'ownself do' a question in an assessment paper, the concerned mother who overheard the Singlish phrase decided to sack the tutor.
Never mind that it was only the first lesson.
Mrs Woo, 35, an insurance specialist, says: 'I spoke to her only briefly on the phone before I agreed to hire her. It was when she was here in my home that I heard her talking to my daughter in broken English. So I terminated her services immediately after the first lesson.'
The incident happened last year. Mrs Woo paid the tutor the $30 fee for the one-hour lesson through her colleague who 'knows her and highly recommended her', but not before 'I chided my colleague for recommending someone like that'.
Mrs Woo's daughter, now in Primary Four, is currently taking English lessons from another tutor - also a recommendation, this time by a cousin.
She says: 'I was more careful this time. I asked my nephew, who had been taught by the tutor for about two years, about her teaching style and confirmed her qualifications and experience over the phone before I agreed to hire her.
'And during the first lesson, I observed the way she taught my girl.'
Tuition is a minefield for parents because it is a big-money industry that is largely unregulated.
According to the latest data from the Singapore Department of Statistics, there are 495 Ministry of Education-registered tuition centres here in 2008 - up from 387 in 2004 - with total operating receipts of $137.1 million.
These figures exclude fees paid to private individual tutors and tuition agencies which find freelance tutors for students. Private tutors and agencies need not register with the ministry, which means there are many unknowns when it comes to hiring them, the chief ones being the veracity of their qualifications, their ability to teach as well as their moral character.
Hence, parents have to take on the responsibility of checking the quality of extra academic help they get their children.
If parents are slack in checking the tutors they hire, not only might their children not improve in their studies, they might even be abused.
Madam Sally Lam found out that her son was pinched by the tutor hired to teach the eight-year-old and his twin sister.
'My son complained that he was pinched on the cheeks a few times because he was playful. But he is only eight years old, how do you expect him to behave all the time?' says the 40-year-old homemaker, who has another son, aged 12.
There was another reason she sacked the tutor just six months after he started work on the recommendation of the twins' previous tutor.
'My children's grades didn't improve after one semester and he struggled with the mathematics problems my elder son asked about, so I don't think he is very good even though he is a university graduate and even brought his certificates to show me on the first day,' she says.
Although some parents verify the credentials and qualifications of prospective tutors, most still rely on word-of-mouth recommendations from people they know.
'A degree and tutoring experience are good, but I am more concerned about whether they can get along with my sons and if they have the ability to communicate effectively,' says Mrs Patricia Chua, whose two sons, Keith, 14, and Warren, 12, have had tuition since they were in Primary One.
She got more than she bargained for with one tutor - she got along too well with Warren and talked to the boy more than taught him.
'When Warren was in Primary Three, his English and science tutor spent most of the time chatting with him in the room during lessons, and we also did not see improvements in his results,' says Mrs Chua, who replaced the tutor with the boy's current one after one year.
Private tutors whom LifeStyle spoke to agree that with the industry still largely unregulated, there are bound to be some black sheep among them.
Mr Ronald Wee, 50, who runs his own distributing business, has been tutoring primary and secondary school students in mathematics and science on weekends for five years. He says he knows of 'some private tutors who will not accept students with poor grades for fear that it might affect their reputation if these students show no improvement or continue to fail after taking tuition from them'.
Some tutors lie about their experience.
Events manager Jerrine Lim, 28, who gives tuition part-time, says: 'I've seen some tutors claim to have full-time teaching experience when they have done only some relief teaching in schools.'
While private tutors acknowledge that the bulk of their business comes from referrals, they insist some forms of checks are necessary for parents to have peace of mind.
Full-time tutor Ryan D'Souza, 36, believes that 'qualifications definitely matter for the subjects I teach'.
A tutor for the past 10 years, he teaches mathematics, chemistry and physics to students from primary school to junior college.
'A bachelor's degree is an essential requirement to teach upper secondary and JC students,' adds Mr D'Souza, who has a degree in mathematics, physics and computer science awarded by an overseas university.
Beyond the checking of qualifications, another full-time tutor Angel Ngoh, 34, usually proposes 'a paid trial lesson' to parents of potential new students.
'I'll encourage them to sit in during the trial lesson and they are free to observe how I conduct lessons,' says Ms Ngoh, who specialises in teaching primary- and secondary-level mathematics and science subjects.
Tuition centres are another option for parents who want to be sure their children are getting the help they need. The organisations that LifeStyle contacted say they put prospective tutors through a few rounds of screening and interviews before hiring them.
Mr Dennis Ng, director of Kent Ridge Tutors, which has 11 centres islandwide, says the company 'imposes very strict criteria on the selection of our tutors'.
Among other things, new tutors must be graduates who have taught in a government school for at least three years.
They must also possess the X factor. Mr Ng says: 'Our tutors don't just teach. They must also be able to build rapport with our students and their parents.'
Over at Potter's Clay Education Centre in Marine Parade, chief executive and principal Darren Chua has implemented a 'demo-teaching' class for all prospective hires since the centre opened in July last year.
'The candidates are assessed on three key areas: knowledge, delivery and presentation, and rapport with students,' says Dr Chua, who adds that his centre may contact potential tutors' previous employers for character references.
Tuition centres keep up the checks even after the tutors are hired. Mrs Rosabel Teo, 39, centre director of Kip McGrath Tampines North Centre, will routinely check the lesson plans prepared by her team of five tutors. Once a month, she will also sit in and co-teach a class 'to ensure the consistency of the tutors'.
'The students, especially those in secondary schools, are also good judges of a tutor's ability and can give me feedback immediately,' she says.
These measures tuition centres have taken seem to be working. According to the Consumers Association of Singapore, there were just 15 cases of complaint against tuition centres and tutors last year, down from 27 in 2008.
While that is good news to parents looking for tutors, the best advice they could heed might be Ms Ngoh's.
She says: 'A suitable tutor is one who is able to accompany the students on their learning journey and to motivate them to learn independently.'
To find those tutors, there is no shortcut but for parents to talk to their children.
Friday, 16 July 2010
Wii love learning (DL dated 14 July 2010)from
The following article is from the Digital Life (DL) of the Straits Times dated 14 July 2010, Wednesday, by JOYCE CHUA.
Maris Stella High students use an interactive screen system in class which they helped to develop. JOYCE CHUA reports
Mention the Wii Remote and large-screen TV and the idea of fun and games comes to mind.
However, at Maris Stella High, they are the ingredients of a breakthrough system which takes learning to the next level.
The Wii Remote, used with game consoles from Nintendo, is a key component in an interactive screen system developed by the staff and students of Maris Stella High.
Dubbed the Student Interactive Screen (SIS), this system has made learning more fun, collaborative and interactive at the school.
During a Maths class, for example, groups of students can tackle complex algebraic equations on the screen and then save the notes and sketches they have scribbled directly in their laptops. They can then easily share the content.
The school said that compared to the traditional classroom whiteboard, this system has made students more proactive during lessons. Building it from scratch, instead of buying a commercial system, has also saved the school thousands of dollars.
Secondary 3 student Lim Yu Liang feels that the new learning method has allowed him to speak his mind more easily, hence boosting his self-confidence.
The staff of Maris Stella High came to know of the technology through a YouTube video posted by Johnny Chung Lee, a researcher at Microsoft Applied Sciences and a Carnegie Mellon PhD holder.
In his video, Lee demonstrated how a Wii Remote can turn any flat surface into an interactive screen with multi-touch capabilities. His clip has had over 3.2million views since it was uploaded in late 2007.
With the information and software provided by Lee on his website, Maris Stella High developed a working prototype in September last year.
The school has since developed three different versions: a classroom version, a portable version and one using a mini-projector instead of a TV.
The classroom and portable versions both use a 32-inch LCD TV, while the mini-projector version uses a small projector to display images on any flat surface, turning these surfaces into interactive screens.
Creating an interactive screen system from scratch helps cut costs, said a spokesman for Maris Stella High. An in-house system costs less than $1,000 to assemble, while commercial systems cost about $5,000 to $10,000 each.
What is unique about the SIS is that students play a crucial part in making the system work. All students are required to make their own infrared LED pen from schematics given to them during the compulsory Design and Technology classes.
The main objective is to help students lead discussions and engage in self-learning, while the teachers guide and facilitate the process.
'The use of the SIS has helped me become a more independent learner,' said Denzel Low, a Secondary 3 student who uses the SIS for various subjects, including Maths.
It will not be surprising to see other schools adopting this technology, said a Maris Stella High spokesman. It has already shared its expertise with over 20 schools, including Raffles Girls' School and Woodlands Secondary School.
Tuesday, 16 March 2010
An Example of Japanese Atrocities in Singapore during World War 2 (Original title: 'I was chopped, I fell and fainted' )
The following a report by By K.C. Vijayan in the Straits Times dated 15 march 2010.
IN EARLY 1942, Mr Yew Kian Chang and eight other men in their 20s were roused by a squad of Japanese military police from their dormitory in Bukit Timah.
They were marched, hands tied, to a nearby railway track and made to squat there.The next day, they were beheaded one by one.
Mr Yew was the last. When the metre-long blade struck his neck, he fainted and was left for dead.
But the Singaporean, now 93, survived the horror, which he recounted last month to oral archivists seeking to preserve the remnants of stories about the Japanese Occupation during World War II.
The National Archives of Singapore's Oral History Centre has collected more than 870 hours of testimony from 261 survivors. But Mr Yew's is one of a kind. He is the only one to have lived to tell about being nearly beheaded.
The closest parallel is an account by Washington-based Barbara Scharnhorst, now 77, whose father had been with the Royal Army Medical Corps in Singapore and was beheaded by the Japanese in Bahau, Malaya.
Oral History Specialist Lye Soo Choon said the centre had embarked on collecting accounts for several years, but time was running out to get to the whole truth of the Occupation.
The Japanese Military Administration that ruled Singapore left almost no written records behind in Singapore regarding its work.
'The newspaper and magazines they published present only one perspective of the Occupation,' she said. 'It was to close the gap in our knowledge of our past that the Oral History Centre launched the project on the Japanese Occupation.'
The Straits Times visited the nonagenarian in a four-room flat in Bukit Batok where he lives with his wife, not far from the railway tracks in Bukit Gombak where his life had hung on the edge of a sword more than 60 years ago.
Mr Yew's unlucky compatriots were all single, like him. The married men, who lived in another block nearby, were not taken.
As he marched, the Fujian native was resigned to his fate.
'It was night, I was afraid and did not dare to look around,' he said in Hakka with his daughter translating. The next afternoon, they were taken one at a time, made to walk a few metres to lower ground and had their heads felled in a single blow by a sword wielded by a Japanese soldier.
There was no interrogation before the killing began.
'There was no commotion, no noise, no struggle. I felt resigned and did not resist and walked without feeling,' he recalled.
The men were not blindfolded. He was the last.
Clad in a singlet, shorts and China-made cloth-shoes, he walked to the spot where he was to die, and knelt down.
'When I was chopped, I fell and fainted,' he said.
It is believed he fell as soon as the blade hit him just below the neck and the downward slide of the blade missed the vital areas. The Japanese left him for dead.
Mr Yew believes he lay unconscious for more than a day, 'then I heard the voice of my grandfather as if in a dream, calling me to get up and run'.
With his hands still tied, he got up and fled to a friend who treated the wound on his neck with herbs. But maggots appeared in the gaping flesh after some days.
'My friend told me there was nothing more he could do and I had to seek medical help.'
Mr Yew found help at the Nanyang Clinic in the North Bridge Road area. After months of recovery, he fled to Endau, an agricultural settlement in Johor, Malaya, where he remained till the end of the war.
Till this day, a deep scar is visible on the back of his neck.
When the war ended, he returned to Singapore before going to China to find a bride.
He has been married for more than 65 years to Madam Lee Ah Hang, now 85, and they have eight grown-up children and several grandchildren.
Mr Yew was a carpenter by trade before and after the war. He went on to become a construction foreman and site supervisor before retiring in his late 60s.
Long ago, he had made peace with the unspeakable. 'I have no ill-feelings towards the Japanese soldiers who chopped me at that time. I thought they were just following instructions,' he said.
A Japanese group of peace activists, whose aim is to promote better understanding among the Japanese about the atrocities that took place in the region, visited Mr Yew last month.
Its spokesman Yoshiyuki Onogi told The Straits Times in an e-mail yesterday: 'To directly hear the story from someone like Mr Yew is rare, valuable and momentous to let ordinary Japanese people learn historical facts related to Japan during World War II.
'He may be the last possible person who can bear witness to the first-hand experience of the horrible massacre.'
The hard truth about soft skills
The following is an article by Janadas Devan, Review Editor in the Sunday Times dated 14th March 2010.
==========================================
A holistic education entails more than teaching a little of everything
By Janadas Devan, Review Editor
In 2006, Cambridge University, the London School of Economics and a few other British universities issued a warning to prospective students that they would not gain admission if they did 'soft' A-level subjects. Cambridge University's list of soft options included information and communication studies, design, sports studies and dance.
'To be a realistic applicant, a student will normally need to be offering two traditional academic subjects,' a Cambridge University prospectus warned. 'For example, mathematics, history and business studies would be an acceptable combination. However, history, business studies and media studies would not.'
Contrast that to the headline for the front-page story in this newspaper last Wednesday on Education Minister Ng Eng Hen's speech in Parliament: 'Schools to develop 'soft skills''.
To be sure, the minister didn't propose to make these 'soft skills and values' examinable A-level subjects. But there was no mistaking the fact they weren't to be dismissed by virtue of their softness either.
Referring to them as '21st century skills', Dr Ng spoke of nurturing in each child 'a confident person, who can tell right from wrong, is adaptable and resilient, knows himself, is discerning in judgment, communicates effectively and takes responsibility for his own learning'.
Schools are to develop in their charges 'social and emotional competencies' - everything from developing 'care and concern for others' to establishing 'positive relationships' - as well as a list of 'key competencies for a globalised world': among them, 'global awareness and cross-cultural skills, civic literacy, and critical thinking, information and communication skills'.
To someone as decidedly of the 20th century as I am, it all sounded rather alarmingly New Agey - as indeed the term 'holistic education' in the brochure accompanying the minister's speech suggested.
'Holistic', by the way, comes from 'holism' - from the Greek holos, 'all' - a term coined by that strange man Field Marshall J.C. Smuts to describe the tendency in nature to produce ordered wholes, like organisms, from disparate units. Smuts, a philosopher of some distinction, was also a military leader in the Boer War and the segregationist prime minister of South Africa from 1919 to 1924, and again from 1939 to 1948.
The essence of holism though goes back much further than Smuts and can be summed up by Aristotle's famous dictum: 'The whole is more than the sum of its parts.' I, however, leery of New Agey emanations, can't hear 'holistic' or 'holism' without thinking of 'holes' - as in the head.
And that wasn't the only reason I found myself fidgeting when I read the report announcing schools were to develop 'soft skills'. For someone of my generation, it takes some getting used to hearing the word 'soft' being pronounced by a politician without a sneer.
The only context I recall the word 'soft' being used by politicians of Mr Lee Kuan Yew's or Dr Goh Keng Swee's vintage was in formulations such as 'soft culture', 'soft-headed' (meaning foolish, silly) or 'softy' (meaning weak). If they used 'soft' positively - as when referring to the limited virtue of being 'soft-spoken' or 'soft-hearted' - it would be followed immediately by the qualification 'but hard-headed'.
Soft skills or values had no place in their rugged society. Even the values now considered part of our 'soft' equipment - telling right from wrong, resilience, adaptability, responsibility - were considered decidedly 'hard' then. That 'soft' can now appear in so positive a light - that the Government can be promoting 'holism' - is nothing short of revolutionary.
In part, that revolution was enabled by the changing fortunes of 'soft' in the wider global culture, spawned by the glamour of 'software'. Originally referring in the 19th century to 'perishable goods', it was applied to computer programs in the 1960s, to distinguish them from computer 'hardware'. That in turn led to a whole host of other soft-hard binary oppositions, in which 'soft' invariably appeared superior to 'hard' - as in 'soft power' as opposed to 'hard power', 'soft knowledge' (systems) as opposed to 'hard know-ledge' (technology), and so on. Thus soft came to suggest fine, and hard, crude; soft, mind and hard, matter; soft, creative and hard, mechanical.
Still, the fact that Cambridge University and LSE can be warning students of pursuing 'soft options', while here in Singapore, schools are being urged to nurture 'soft skills', suggests there is something else going on:
While the West, especially Britain and the United States, after a prolonged flirtation with soft options in education, is trying to claw its way back to the traditional centre, Singapore, after a prolonged insistence on rigour, seems to be discovering there is something to be said for a 'kinder and gentler' approach, after all.
Its new emphasis on the arts and sports is an attempt to recover some of the grace and delight that we may have lost as a result of a narrow insistence on academic rigour. There can hardly be a parent who would object to this.
At the risk of being unpopular, though, let me sound three warnings.
First, contrary to the suggestion in the word 'soft', there is nothing easy about art, music or literature. We can't insist on uniformly high standards for all students in these areas, but we shouldn't allow the assumption to take root that the 'soft' subjects are easy.
Second, contrary to the suggestion in the word 'hard', there is nothing lumpish about the sciences. Again, we can't insist on uniformly high standards for all in these areas, but we shouldn't allow the assumption to take root that the 'hard' subjects can't be as full of surprise and delight - as creative and human - as the 'soft' ones.
And finally, being 'holistic' entails more than adding together the parts - a bit of maths, a bit of art, a bit of civics, a bit of sports, et cetera. The whole is more than the sum of its parts - but only if the parts are actively made whole. If it is easy to be holistic, to reconcile what C.P. Snow once called 'the two cultures', any number of famous programmes - Harvard's 'core curriculum', Chicago's 'Great Books', et cetera - would have accomplished the feat. They haven't.
I'll discuss why and what we might do about this enormous challenge in my next column.
==========================================
A holistic education entails more than teaching a little of everything
By Janadas Devan, Review Editor
In 2006, Cambridge University, the London School of Economics and a few other British universities issued a warning to prospective students that they would not gain admission if they did 'soft' A-level subjects. Cambridge University's list of soft options included information and communication studies, design, sports studies and dance.
'To be a realistic applicant, a student will normally need to be offering two traditional academic subjects,' a Cambridge University prospectus warned. 'For example, mathematics, history and business studies would be an acceptable combination. However, history, business studies and media studies would not.'
Contrast that to the headline for the front-page story in this newspaper last Wednesday on Education Minister Ng Eng Hen's speech in Parliament: 'Schools to develop 'soft skills''.
To be sure, the minister didn't propose to make these 'soft skills and values' examinable A-level subjects. But there was no mistaking the fact they weren't to be dismissed by virtue of their softness either.
Referring to them as '21st century skills', Dr Ng spoke of nurturing in each child 'a confident person, who can tell right from wrong, is adaptable and resilient, knows himself, is discerning in judgment, communicates effectively and takes responsibility for his own learning'.
Schools are to develop in their charges 'social and emotional competencies' - everything from developing 'care and concern for others' to establishing 'positive relationships' - as well as a list of 'key competencies for a globalised world': among them, 'global awareness and cross-cultural skills, civic literacy, and critical thinking, information and communication skills'.
To someone as decidedly of the 20th century as I am, it all sounded rather alarmingly New Agey - as indeed the term 'holistic education' in the brochure accompanying the minister's speech suggested.
'Holistic', by the way, comes from 'holism' - from the Greek holos, 'all' - a term coined by that strange man Field Marshall J.C. Smuts to describe the tendency in nature to produce ordered wholes, like organisms, from disparate units. Smuts, a philosopher of some distinction, was also a military leader in the Boer War and the segregationist prime minister of South Africa from 1919 to 1924, and again from 1939 to 1948.
The essence of holism though goes back much further than Smuts and can be summed up by Aristotle's famous dictum: 'The whole is more than the sum of its parts.' I, however, leery of New Agey emanations, can't hear 'holistic' or 'holism' without thinking of 'holes' - as in the head.
And that wasn't the only reason I found myself fidgeting when I read the report announcing schools were to develop 'soft skills'. For someone of my generation, it takes some getting used to hearing the word 'soft' being pronounced by a politician without a sneer.
The only context I recall the word 'soft' being used by politicians of Mr Lee Kuan Yew's or Dr Goh Keng Swee's vintage was in formulations such as 'soft culture', 'soft-headed' (meaning foolish, silly) or 'softy' (meaning weak). If they used 'soft' positively - as when referring to the limited virtue of being 'soft-spoken' or 'soft-hearted' - it would be followed immediately by the qualification 'but hard-headed'.
Soft skills or values had no place in their rugged society. Even the values now considered part of our 'soft' equipment - telling right from wrong, resilience, adaptability, responsibility - were considered decidedly 'hard' then. That 'soft' can now appear in so positive a light - that the Government can be promoting 'holism' - is nothing short of revolutionary.
In part, that revolution was enabled by the changing fortunes of 'soft' in the wider global culture, spawned by the glamour of 'software'. Originally referring in the 19th century to 'perishable goods', it was applied to computer programs in the 1960s, to distinguish them from computer 'hardware'. That in turn led to a whole host of other soft-hard binary oppositions, in which 'soft' invariably appeared superior to 'hard' - as in 'soft power' as opposed to 'hard power', 'soft knowledge' (systems) as opposed to 'hard know-ledge' (technology), and so on. Thus soft came to suggest fine, and hard, crude; soft, mind and hard, matter; soft, creative and hard, mechanical.
Still, the fact that Cambridge University and LSE can be warning students of pursuing 'soft options', while here in Singapore, schools are being urged to nurture 'soft skills', suggests there is something else going on:
While the West, especially Britain and the United States, after a prolonged flirtation with soft options in education, is trying to claw its way back to the traditional centre, Singapore, after a prolonged insistence on rigour, seems to be discovering there is something to be said for a 'kinder and gentler' approach, after all.
Its new emphasis on the arts and sports is an attempt to recover some of the grace and delight that we may have lost as a result of a narrow insistence on academic rigour. There can hardly be a parent who would object to this.
At the risk of being unpopular, though, let me sound three warnings.
First, contrary to the suggestion in the word 'soft', there is nothing easy about art, music or literature. We can't insist on uniformly high standards for all students in these areas, but we shouldn't allow the assumption to take root that the 'soft' subjects are easy.
Second, contrary to the suggestion in the word 'hard', there is nothing lumpish about the sciences. Again, we can't insist on uniformly high standards for all in these areas, but we shouldn't allow the assumption to take root that the 'hard' subjects can't be as full of surprise and delight - as creative and human - as the 'soft' ones.
And finally, being 'holistic' entails more than adding together the parts - a bit of maths, a bit of art, a bit of civics, a bit of sports, et cetera. The whole is more than the sum of its parts - but only if the parts are actively made whole. If it is easy to be holistic, to reconcile what C.P. Snow once called 'the two cultures', any number of famous programmes - Harvard's 'core curriculum', Chicago's 'Great Books', et cetera - would have accomplished the feat. They haven't.
I'll discuss why and what we might do about this enormous challenge in my next column.
Free maths lesson and more on YouTube
The following is a report by By Bhagyashree Garekar, US Correspondent in the Straits Times dated 15th march 2010, Monday.
---------------------------------------------------------
WASHINGTON: What started out as a mathematics lesson for a school-going cousin is today a video library of 1,200 tutorials on YouTube, used daily by thousands who want to master things as complex as differential calculus or as simple as carry-over addition.
The creator of this popular tutorial trove is Mr Salman Khan, a former Silicon Valley hedge fund analyst who said his video clips - no longer than 20 minutes each - help make up for some of the deficiencies in traditional classroom learning. Apart from maths, for which he is mostly known, he deals with physics, chemistry, biology, economics, statistics and finance for learners ranging from kindergarten children to college sophomores.
The 33-year-old employs simple software programmes to draw diagrams, chart graphs and write words as he talks enthusiastically about the topic.
The videos get about 60,000 views a day with a total of 12 million views since he began posting them online five years ago, said Mr Khan.
Among the 200,000 visitors a month that his website http://www.khanacademy.org/ attracts are students from Britain, Canada, Australia, Italy, Sweden, India, the Middle East and Singapore.
The MBA graduate from Harvard Business School, who also has a bachelor's in Mathematics and a master's in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology, had never imagined a career as a tutor. But in 2004, he got roped in to help his cousin with pre-algebra. They lived in different cities, so the tutoring had to be online.
Before long, other family and friends joined in and his student population grew to more than a dozen. Scheduling lessons became a complicated affair and he ended up recording the lessons and posting them on YouTube where, unexpectedly, students across the world began accessing them.
Ms Pei Chi, a biomedical engineering student at Singapore's Temasek Polytechnic, is one of them. For the last year or so, she has been using the Khan videos to get up to speed on maths, which has been her weakness. 'Not all teachers are perfect so it's good to be able to get some extra help to improve my scores,' she said.
After some years of making the videos at night while working full-time during the day, Mr Khan decided to incorporate the not-for-profit Khan Academy in 2008 and last September quit his job.
He sees no limit to the videos he can create. 'I concentrated on maths and science because that's where there is the greatest need,' he said from his home in Mountain View, California. He wants to provide lessons in 'nearly everything' from grammar to philosophy to law.
Nor does the tutoring end with the videos. Users can sign into a Web application that can generate endless problems on any given topic for students to solve. If they get stuck, there are hints on how to proceed to the next step and links to explanatory videos. Behind the screen, an analytical tool keeps track of the student's progress.
'It closes the loop in the traditional classroom model,' said Mr Khan. 'In a class, the teacher delivers a lecture aimed at an average student, followed by homework where there is little help if the student has difficulties, followed in turn, by tests and then the class moves on to the next lesson, no matter if the student has scored a C.'
The Khan Academy improves on this by allowing self-paced learning that provides plenty of practice until the student achieves proficiency defined as scoring 10 answers right in a row. Only then does he move on to the next level.
All this, for free. Mr Khan relies on his rheumatologist wife to bring home the bacon. They have an infant son. He earns about US$1,500 (S$2,100) a month from the advertising that YouTube inserts into the video and shares with him - enough to pay for the servers and the broadband. He hopes to be self-sustaining in a year, and is in talks with philanthropic foundations so he can expand his operation.
Mr Paul Pickett, a father of five in Salt Lake City, Utah, said two of his children, aged nine and 14, benefited from Mr Khan's website. 'The schools helped but they have limited budgets and limited time. And I could not afford private tutors.'
While videos are Mr Khan's calling card now, he envisages in the long run a worldwide virtual school where students can interact with one another in a learning environment.
---------------------------------------------------------
WASHINGTON: What started out as a mathematics lesson for a school-going cousin is today a video library of 1,200 tutorials on YouTube, used daily by thousands who want to master things as complex as differential calculus or as simple as carry-over addition.
The creator of this popular tutorial trove is Mr Salman Khan, a former Silicon Valley hedge fund analyst who said his video clips - no longer than 20 minutes each - help make up for some of the deficiencies in traditional classroom learning. Apart from maths, for which he is mostly known, he deals with physics, chemistry, biology, economics, statistics and finance for learners ranging from kindergarten children to college sophomores.
The 33-year-old employs simple software programmes to draw diagrams, chart graphs and write words as he talks enthusiastically about the topic.
The videos get about 60,000 views a day with a total of 12 million views since he began posting them online five years ago, said Mr Khan.
Among the 200,000 visitors a month that his website http://www.khanacademy.org/ attracts are students from Britain, Canada, Australia, Italy, Sweden, India, the Middle East and Singapore.
The MBA graduate from Harvard Business School, who also has a bachelor's in Mathematics and a master's in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology, had never imagined a career as a tutor. But in 2004, he got roped in to help his cousin with pre-algebra. They lived in different cities, so the tutoring had to be online.
Before long, other family and friends joined in and his student population grew to more than a dozen. Scheduling lessons became a complicated affair and he ended up recording the lessons and posting them on YouTube where, unexpectedly, students across the world began accessing them.
Ms Pei Chi, a biomedical engineering student at Singapore's Temasek Polytechnic, is one of them. For the last year or so, she has been using the Khan videos to get up to speed on maths, which has been her weakness. 'Not all teachers are perfect so it's good to be able to get some extra help to improve my scores,' she said.
After some years of making the videos at night while working full-time during the day, Mr Khan decided to incorporate the not-for-profit Khan Academy in 2008 and last September quit his job.
He sees no limit to the videos he can create. 'I concentrated on maths and science because that's where there is the greatest need,' he said from his home in Mountain View, California. He wants to provide lessons in 'nearly everything' from grammar to philosophy to law.
Nor does the tutoring end with the videos. Users can sign into a Web application that can generate endless problems on any given topic for students to solve. If they get stuck, there are hints on how to proceed to the next step and links to explanatory videos. Behind the screen, an analytical tool keeps track of the student's progress.
'It closes the loop in the traditional classroom model,' said Mr Khan. 'In a class, the teacher delivers a lecture aimed at an average student, followed by homework where there is little help if the student has difficulties, followed in turn, by tests and then the class moves on to the next lesson, no matter if the student has scored a C.'
The Khan Academy improves on this by allowing self-paced learning that provides plenty of practice until the student achieves proficiency defined as scoring 10 answers right in a row. Only then does he move on to the next level.
All this, for free. Mr Khan relies on his rheumatologist wife to bring home the bacon. They have an infant son. He earns about US$1,500 (S$2,100) a month from the advertising that YouTube inserts into the video and shares with him - enough to pay for the servers and the broadband. He hopes to be self-sustaining in a year, and is in talks with philanthropic foundations so he can expand his operation.
Mr Paul Pickett, a father of five in Salt Lake City, Utah, said two of his children, aged nine and 14, benefited from Mr Khan's website. 'The schools helped but they have limited budgets and limited time. And I could not afford private tutors.'
While videos are Mr Khan's calling card now, he envisages in the long run a worldwide virtual school where students can interact with one another in a learning environment.
Monday, 21 December 2009
Even undergrads are getting tuition (by Terrence Voon in the Sunday Times dated 20 December 2009)
When Ms Jean Phua began attending classes in business finance earlier this year, she found she could not keep up.
Desperate for help, the 23-year-old - who was then pursuing a bachelor's degree in marketing at SIM University - turned to a time-honoured Singapore tradition: tuition.
After a three-week crash course in the subject from a private tutor, she scored a credit and graduated last month.
'I was rusty with numbers and the lectures were very fast-paced,' she recalled. 'Each class had about 200 students, so it was hard to get the lecturer's attention.'
An increasing number of undergraduates have been bitten by the tuition bug, joining their younger counterparts from primary and secondary schools and junior colleges.
To meet the burgeoning demand, more private tutors and tuition agencies are offering their services to university students.
Agencies like Home Tuition Care say they have been getting at least one inquiry a month from undergraduates.
At StarTutor, coordinator Gavin Liu estimates that he has seen 30 undergraduate clients over the last two years.
'These are mostly private university students or working adults who don't have time to attend classes,' he said.
'Some just want to catch up on their coursework before their exams.'
Tutors like private economics teacher Kevin Chow have seen a spike in the number of university students who turned to them for help.
He now conducts small-group classes for up to four undergraduates each semester - compared to none a few years ago.
The increase, he said, could be due to rising pressure for students to do well in tertiary institutions.
'For undergraduates, their degree is usually their last hurdle before they enter the workforce,' said the 29-year-old, who also coaches JC students. 'It's more vital for them to do better.'
Unlike their younger counterparts, undergraduates usually do not need long-term help. Tutors say they are hired for just one or two months, but will charge a premium for their services.
Tuition fees range between $40 and $300 an hour. University professors and former lecturers often command higher rates.
Primary to junior college students are usually charged between $15 and $45 an hour.
Popular subjects among undergraduates include accounting, engineering, business finance and even advanced mathematics.
Mr Ng E-Jay, a private mathematics tutor who is pursuing a PhD in maths at the National University of Singapore, provides one-on-one home tuition for undergraduates and even uses free Internet call service Skype to help them with their coursework over the phone.
He says the needs of his students are usually very specific.
'They just require some explanation in basic concepts, like business students who need help with statistics, or economics students who want a good foundation in maths,' explained the 32-year-old.
Some enterprising undergraduates are even offering tuition to their peers.
Mr Alan Phua, a final-year business management undergraduate from Singapore Management University (SMU), has provided economics and accounting tuition for six university students this year - all referred to him by a tuition agency.
Said the 26-year-old, who is also a teaching assistant at SMU: 'When I teach my students, I also revise my own work and go further in my own studies.'
While most of the students who take up tuition are Singaporeans from local and private universities, there are also foreigners who have turned to tuition to help them make the grade.
Ms Beenita Stephenson, a Thai who is pursuing her MBA at James Cook University, says tuition was the only way for her to overcome her weakness in accounting subjects.
'I was scared because I had never studied accounting before,' said the 29-year-old. 'I want to make sure that I do well, and tuition is the best way to guarantee that.'
Desperate for help, the 23-year-old - who was then pursuing a bachelor's degree in marketing at SIM University - turned to a time-honoured Singapore tradition: tuition.
After a three-week crash course in the subject from a private tutor, she scored a credit and graduated last month.
'I was rusty with numbers and the lectures were very fast-paced,' she recalled. 'Each class had about 200 students, so it was hard to get the lecturer's attention.'
An increasing number of undergraduates have been bitten by the tuition bug, joining their younger counterparts from primary and secondary schools and junior colleges.
To meet the burgeoning demand, more private tutors and tuition agencies are offering their services to university students.
Agencies like Home Tuition Care say they have been getting at least one inquiry a month from undergraduates.
At StarTutor, coordinator Gavin Liu estimates that he has seen 30 undergraduate clients over the last two years.
'These are mostly private university students or working adults who don't have time to attend classes,' he said.
'Some just want to catch up on their coursework before their exams.'
Tutors like private economics teacher Kevin Chow have seen a spike in the number of university students who turned to them for help.
He now conducts small-group classes for up to four undergraduates each semester - compared to none a few years ago.
The increase, he said, could be due to rising pressure for students to do well in tertiary institutions.
'For undergraduates, their degree is usually their last hurdle before they enter the workforce,' said the 29-year-old, who also coaches JC students. 'It's more vital for them to do better.'
Unlike their younger counterparts, undergraduates usually do not need long-term help. Tutors say they are hired for just one or two months, but will charge a premium for their services.
Tuition fees range between $40 and $300 an hour. University professors and former lecturers often command higher rates.
Primary to junior college students are usually charged between $15 and $45 an hour.
Popular subjects among undergraduates include accounting, engineering, business finance and even advanced mathematics.
Mr Ng E-Jay, a private mathematics tutor who is pursuing a PhD in maths at the National University of Singapore, provides one-on-one home tuition for undergraduates and even uses free Internet call service Skype to help them with their coursework over the phone.
He says the needs of his students are usually very specific.
'They just require some explanation in basic concepts, like business students who need help with statistics, or economics students who want a good foundation in maths,' explained the 32-year-old.
Some enterprising undergraduates are even offering tuition to their peers.
Mr Alan Phua, a final-year business management undergraduate from Singapore Management University (SMU), has provided economics and accounting tuition for six university students this year - all referred to him by a tuition agency.
Said the 26-year-old, who is also a teaching assistant at SMU: 'When I teach my students, I also revise my own work and go further in my own studies.'
While most of the students who take up tuition are Singaporeans from local and private universities, there are also foreigners who have turned to tuition to help them make the grade.
Ms Beenita Stephenson, a Thai who is pursuing her MBA at James Cook University, says tuition was the only way for her to overcome her weakness in accounting subjects.
'I was scared because I had never studied accounting before,' said the 29-year-old. 'I want to make sure that I do well, and tuition is the best way to guarantee that.'
Sunday, 29 November 2009
Investment strategy pays dividends (from Sunday Times dated 2009-11-29)
By Lorna Tan, Senior Correspondent
Savvy investor gets $24,000 a year in dividends and that covers his basic needs
Mr Ng Wai Chung is a senior associate in IT governance at Singapore Mercantile Exchange. He invests almost his entire salary in stocks, which he monitors daily. He and his wife, quantity surveyor Pang Yoke Loo, live with his parents.
Imagine having a payout from your investments that more than covers your monthly expenses.
Canny investor Ng Wai Chung is in this happy position at the age of 34.
Mr Ng, a senior IT manager - and an author of investment books - achieved this a year ago. But rather than retire, he stays in full-time employment.
His investment income stream is the result of a plan he set in motion three years ago. That was when he decided to sell his investments in unit trusts and buy stocks that pay high dividends.
'Today, I am able to yield about $24,000 a year on my investment portfolio, enough to cover my expenses in most months," he said.
This enviable portfolio consists of real estate investment trusts (Reits) and shares that yield high dividends, such as mainboard-listed Singapore Press Holdings (SPH). Dividends are the portions of profits which a company distributes to shareholders.
Mr Ng has an engineering degree and a master's in Applied Finance from the National University of Singapore (NUS). He obtained the latter part-time while working.
The senior associate in IT governance at commodity and futures exchange Singapore Mercantile Exchange has published three books on finance: Growing Your Tree Of Prosperity (2005), followed by Harvesting The Fruits Of Prosperity (2007), and this year, Sowing The Seeds Of Prosperity. They are available in bookshops.
Mr Ng is married to quantity surveyor Pang Yoke Loo, 31. They have no children.
Q: Are you a spender or saver?
Very much a saver. In most months, my expenses are paid fully from my investment income, which arrives every quarter in the form of dividends. However, I dip into my work income for discretionary expenses, such as a trip to Korea. I can save up to 100 per cent of my salary in some months.
Q: How much do you charge to your credit cards every month?
I have only one credit card. I use it to save money by making purchases over the Internet. Normally, my credit card charges do not exceed $500 monthly. I try and pay the bill even before I receive the statement. I withdraw about $400 from the ATM about twice or three times a month.
Q: What financial planning have you done for yourself?
I invest 80 per cent to 100 per cent of my take-home pay directly in the stock market.
I had about $130,000 in my stock portfolio early this year; this has grown to $250,000 from capital gains as well as monthly cash injections from my savings. I have about 20 counters.
About half my portfolio consists of business trusts like Cityspring Infrastructure and Hyflux Water, or shipping trusts such as First Shipping and Pacific Shipping which, on average, give dividend yields of about 10 per cent. The rest are Reits like Suntec and Cambridge, which give me similar yields.
With the economic recovery, I'm focused on channelling my income into income stocks like SPH and Singapore Post, which will give me about 7 per cent yields. I have also invested about $30,000 of my Central Provident Fund savings in stocks such as M1, StarHub, Lippo Mapletree Reit and Cambridge Reit.
Q: Moneywise, what were your growing-up years like?
My financial habits were shaped mostly by my years as a kid hanging out in my parents' pet shop at Shaw Centre in the 1980s. Life was hard. My parents were at the mercy of the landlord and the consumer. As an adult, I crave job and income security. I am very averse to debt.
Q: How did you get interested in investing?
In my final year at NUS, I picked up Robert Kiyosaki's book Rich Dad, Poor Dad. This spurred me to pursue financial programmes like the Chartered Financial Analyst. Armed with investment know-ledge, I took to writing books to present my financial ideas from the perspective of a non-commission agent.
When I stock-pick, I find out first how much in dividends have been paid out over the past year. I used to aim for 10 per cent but have now lowered this to 6 per cent to 8 per cent. I check if there are any red flags raised by auditors. The free cashflow (operating cashflow minus capital expenditure) must exceed dividends declared. This ensures a company can sustain the dividends. Once the yield drops to, say, 4 per cent, I switch to a better counter. I monitor my portfolio daily.
Q: What property do you own?
I am an only child; I live with my parents in Woodlands - my dad picked up a single-storey semi-detached house in the early 1970s for $70,000. The current value is estimated to be $1.6 million. I do not own any property.
Q: What's the most extravagant thing you have bought?
My iRex Digital Reader 1000S which allows me to download electronic books for easy storage and reading. It cost $1,400. I save 60 per cent to 70 per cent compared to buying the actual books.
Q: What's your retirement plan?
None, if I can help it. Work is a function of ability, and not one's state of financial independence. My personal expectation is to increase my investment income by about $6,000 a year for each year of gainful employment. The rest largely depends on whether I can continue to remain employed and whether my health will allow it.
Q: Home is now...
The semi-detached house in Woodlands.
Q: I drive...
Sometimes I drive my wife's recently purchased weekend car, a white Hyundai Avante.
Book spurred interest in money management
'In my final year at NUS, I picked up Robert Kiyosaki's book Rich Dad, Poor Dad. This spurred me to pursue financial programmes like the Chartered Financial Analyst. Armed with investment knowledge, I took to writing books to present my financial ideas from the perspective of a non-commission agent.'
MR NG WAI CHUNG
WORST AND BEST BETS
Q: What has been your worst investment to date?
I had a very painful experience investing in McArthurcook Properties Securities Fund. I accumulated about 108,000 shares through 2007 and last year, and its yield was initially about 30 per cent. The price plummeted to 16 cents, from $1, when the recession hit. And last year, it stopped declaring dividends altogether. I exited in October last year at a loss of about $40,000.
Greed and my obsession for yields created an aversion to letting go of this. I learnt that I should not let my stubbornness get the better of me.
Q: And your best investment?
At the bottom of the market some time last year, I invested about $5,000 in Capital Retail China Trust at 60 cents per share. It had a dividend yield approaching 15 per cent. I have since doubled my money as the price is now $1.18. Most of my high-yielding counters have been doing well since December last year. My entire portfolio has almost doubled in size since early this year.
Savvy investor gets $24,000 a year in dividends and that covers his basic needs
Mr Ng Wai Chung is a senior associate in IT governance at Singapore Mercantile Exchange. He invests almost his entire salary in stocks, which he monitors daily. He and his wife, quantity surveyor Pang Yoke Loo, live with his parents.
Imagine having a payout from your investments that more than covers your monthly expenses.
Canny investor Ng Wai Chung is in this happy position at the age of 34.
Mr Ng, a senior IT manager - and an author of investment books - achieved this a year ago. But rather than retire, he stays in full-time employment.
His investment income stream is the result of a plan he set in motion three years ago. That was when he decided to sell his investments in unit trusts and buy stocks that pay high dividends.
'Today, I am able to yield about $24,000 a year on my investment portfolio, enough to cover my expenses in most months," he said.
This enviable portfolio consists of real estate investment trusts (Reits) and shares that yield high dividends, such as mainboard-listed Singapore Press Holdings (SPH). Dividends are the portions of profits which a company distributes to shareholders.
Mr Ng has an engineering degree and a master's in Applied Finance from the National University of Singapore (NUS). He obtained the latter part-time while working.
The senior associate in IT governance at commodity and futures exchange Singapore Mercantile Exchange has published three books on finance: Growing Your Tree Of Prosperity (2005), followed by Harvesting The Fruits Of Prosperity (2007), and this year, Sowing The Seeds Of Prosperity. They are available in bookshops.
Mr Ng is married to quantity surveyor Pang Yoke Loo, 31. They have no children.
Q: Are you a spender or saver?
Very much a saver. In most months, my expenses are paid fully from my investment income, which arrives every quarter in the form of dividends. However, I dip into my work income for discretionary expenses, such as a trip to Korea. I can save up to 100 per cent of my salary in some months.
Q: How much do you charge to your credit cards every month?
I have only one credit card. I use it to save money by making purchases over the Internet. Normally, my credit card charges do not exceed $500 monthly. I try and pay the bill even before I receive the statement. I withdraw about $400 from the ATM about twice or three times a month.
Q: What financial planning have you done for yourself?
I invest 80 per cent to 100 per cent of my take-home pay directly in the stock market.
I had about $130,000 in my stock portfolio early this year; this has grown to $250,000 from capital gains as well as monthly cash injections from my savings. I have about 20 counters.
About half my portfolio consists of business trusts like Cityspring Infrastructure and Hyflux Water, or shipping trusts such as First Shipping and Pacific Shipping which, on average, give dividend yields of about 10 per cent. The rest are Reits like Suntec and Cambridge, which give me similar yields.
With the economic recovery, I'm focused on channelling my income into income stocks like SPH and Singapore Post, which will give me about 7 per cent yields. I have also invested about $30,000 of my Central Provident Fund savings in stocks such as M1, StarHub, Lippo Mapletree Reit and Cambridge Reit.
Q: Moneywise, what were your growing-up years like?
My financial habits were shaped mostly by my years as a kid hanging out in my parents' pet shop at Shaw Centre in the 1980s. Life was hard. My parents were at the mercy of the landlord and the consumer. As an adult, I crave job and income security. I am very averse to debt.
Q: How did you get interested in investing?
In my final year at NUS, I picked up Robert Kiyosaki's book Rich Dad, Poor Dad. This spurred me to pursue financial programmes like the Chartered Financial Analyst. Armed with investment know-ledge, I took to writing books to present my financial ideas from the perspective of a non-commission agent.
When I stock-pick, I find out first how much in dividends have been paid out over the past year. I used to aim for 10 per cent but have now lowered this to 6 per cent to 8 per cent. I check if there are any red flags raised by auditors. The free cashflow (operating cashflow minus capital expenditure) must exceed dividends declared. This ensures a company can sustain the dividends. Once the yield drops to, say, 4 per cent, I switch to a better counter. I monitor my portfolio daily.
Q: What property do you own?
I am an only child; I live with my parents in Woodlands - my dad picked up a single-storey semi-detached house in the early 1970s for $70,000. The current value is estimated to be $1.6 million. I do not own any property.
Q: What's the most extravagant thing you have bought?
My iRex Digital Reader 1000S which allows me to download electronic books for easy storage and reading. It cost $1,400. I save 60 per cent to 70 per cent compared to buying the actual books.
Q: What's your retirement plan?
None, if I can help it. Work is a function of ability, and not one's state of financial independence. My personal expectation is to increase my investment income by about $6,000 a year for each year of gainful employment. The rest largely depends on whether I can continue to remain employed and whether my health will allow it.
Q: Home is now...
The semi-detached house in Woodlands.
Q: I drive...
Sometimes I drive my wife's recently purchased weekend car, a white Hyundai Avante.
Book spurred interest in money management
'In my final year at NUS, I picked up Robert Kiyosaki's book Rich Dad, Poor Dad. This spurred me to pursue financial programmes like the Chartered Financial Analyst. Armed with investment knowledge, I took to writing books to present my financial ideas from the perspective of a non-commission agent.'
MR NG WAI CHUNG
WORST AND BEST BETS
Q: What has been your worst investment to date?
I had a very painful experience investing in McArthurcook Properties Securities Fund. I accumulated about 108,000 shares through 2007 and last year, and its yield was initially about 30 per cent. The price plummeted to 16 cents, from $1, when the recession hit. And last year, it stopped declaring dividends altogether. I exited in October last year at a loss of about $40,000.
Greed and my obsession for yields created an aversion to letting go of this. I learnt that I should not let my stubbornness get the better of me.
Q: And your best investment?
At the bottom of the market some time last year, I invested about $5,000 in Capital Retail China Trust at 60 cents per share. It had a dividend yield approaching 15 per cent. I have since doubled my money as the price is now $1.18. Most of my high-yielding counters have been doing well since December last year. My entire portfolio has almost doubled in size since early this year.
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