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        <title>Lowyat.NET: Latest topics by creditme</title>
        <description></description>
        <link>http://forum.lowyat.net/</link>
        <lastBuildDate>Sun, 07 Jun 2026 03:31:15 +0800</lastBuildDate>
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            <title>First female coach of a men&amp;#39;s pro football team</title>
            <link>http://forum.lowyat.net/topic/3310691</link>
            <description>BREST, France -- Corinne Diacre became the first woman to coach a men&amp;#39;s professional soccer team in a competitive match in France when her Clermont team lost 2-1 Monday at Brest in the second division.&lt;br /&gt;&lt;br /&gt;Diacre&amp;#39;s managerial stint in men&amp;#39;s soccer got off to a perfect start when Souleymane Sawadogo finished off a counterattack in the ninth minute, prompting only a small smile from his coach in celebration. But Bruno Grougi converted a second-half penalty for Brest in the second half , and Alexandre Alphonse later scored the winner for the home side.&lt;br /&gt;&lt;br /&gt;&amp;quot;It&amp;#39;s never nice to lose, that&amp;#39;s obvious,&amp;quot; Diacre said. &amp;quot;But Brest played well. We made a couple of mistakes for their goals. But we did good things too, which is a good sign for the future. You can&amp;#39;t ignore Clermont this season.&amp;quot;&lt;br /&gt;&lt;br /&gt;Diacre urged her players on loudly from the touchline and Clermont almost equalized but was denied by the woodwork and a fantastic save on the line by Brest goalkeeper Alexis Thebaux.&lt;br /&gt;&lt;br /&gt;&amp;quot;We didn&amp;#39;t know how to keep the ball today, that was one of our weaknesses,&amp;quot; Diacre said. &amp;quot;We didn&amp;#39;t use the ball well, we didn&amp;#39;t develop our game as we could have, as we should have. That&amp;#39;s what put us in danger. There are plenty of positive things. I have a young team and I&amp;#39;m happy with my players because they gave everything.&amp;quot;&lt;br /&gt;&lt;br /&gt;&lt;!--SPOILER BEGIN--&gt;&lt;div class=&quot;spoilertop&quot; onClick=&quot;openClose('6a99c76d543ef127cbcbdf7c327d1c42')&quot; style=&quot;font-weight: bold&quot;&gt;&lt;u&gt;&amp;raquo; Click to show Spoiler - click again to hide... &amp;laquo;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;spoilermain&quot; id=&quot;6a99c76d543ef127cbcbdf7c327d1c42&quot; style=&quot;display:none&quot;&gt;&lt;!--SPOILER END--&gt;&lt;br /&gt;&lt;img src='http://a.espncdn.com/combiner/i/?img=/photo/2014/0804/soc_g_diarce01jr_1296x729.jpg' border='0' alt='user posted image' /&gt;&lt;br /&gt;&lt;!--SPOILER DIV--&gt;&lt;/div&gt;&lt;!--SPOILER DIV--&gt;</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Tue, 05 Aug 2014 13:45:33 +0800</pubDate>
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            <title>Police report lodge because girl won&amp;#39;t let guy</title>
            <link>http://forum.lowyat.net/topic/3282889</link>
            <description>&lt;img src='https://fbcdn-sphotos-d-a.akamaihd.net/hphotos-ak-xfp1/t1.0-9/10488192_10152125433532735_4816093931805771641_n.jpg' border='0' alt='user posted image' /&gt;</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Tue, 08 Jul 2014 13:50:37 +0800</pubDate>
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            <title>What is a &amp;quot;book out day&amp;quot;?</title>
            <link>http://forum.lowyat.net/topic/3272788</link>
            <description>Just came across this term. Someone please tell me what this means, tq</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Sat, 28 Jun 2014 17:22:03 +0800</pubDate>
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            <title>Delicious?</title>
            <link>http://forum.lowyat.net/topic/3269403</link>
            <description>&lt;!--SPOILER BEGIN--&gt;&lt;div class=&quot;spoilertop&quot; onClick=&quot;openClose('d102936843aaf4d03046099aea0bda66')&quot; style=&quot;font-weight: bold&quot;&gt;&lt;u&gt;&amp;raquo; Click to show Spoiler - click again to hide... &amp;laquo;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;spoilermain&quot; id=&quot;d102936843aaf4d03046099aea0bda66&quot; style=&quot;display:none&quot;&gt;&lt;!--SPOILER END--&gt;&lt;br /&gt;&lt;img src='http://i.imgur.com/HtJ0xCv.jpg' border='0' alt='user posted image' /&gt;&lt;br /&gt;&lt;!--SPOILER DIV--&gt;&lt;/div&gt;&lt;!--SPOILER DIV--&gt;</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Wed, 25 Jun 2014 12:17:06 +0800</pubDate>
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            <title>generation Y so famous with work habits</title>
            <link>http://forum.lowyat.net/topic/3268605</link>
            <description>hmm... looks like gen Y working habits is well known  &lt;!--emo&amp;:hmm:--&gt;&lt;img src='http://static.lowyat.net/style_emoticons/default/hmm.gif' border='0' style='vertical-align:middle' alt='hmm.gif' /&gt;&lt;!--endemo--&gt; &lt;br /&gt;&lt;br /&gt;&lt;!--QuoteBegin--&gt;&lt;div class='quotetop'&gt;QUOTE&lt;/div&gt;&lt;div class='quotemain'&gt;&lt;!--QuoteEBegin--&gt;Managing Generation - Y Workshop&lt;br /&gt;Date: 16th - 17th July 2014&lt;br /&gt;Venue: Concorde Hotel, Kuala Lumpur&lt;br /&gt;&lt;br /&gt;Fail to perceive the nuances of Gen Y work habits?&lt;br /&gt;Fail to recognize that the high-tech savvy of this generation?&lt;br /&gt; &lt;br /&gt;Workshop Description&lt;br /&gt;Due to the delayed retirement of the Baby Boomers and the earlier development and entry of young people into the workforce into middle management positions, senior management may have to deal with 4 or 5 generations in their work teams. Some generalizations and recognition of their differences is required to manage these diverse staff and to satisfy their requirements, to get the best from them and to keep them.&lt;br /&gt;&lt;br /&gt;Surveys have found more than 70% of older staffs have low opinions about younger workers&amp;#39; abilities. Also about 50% of employers say that younger employees have poor opinions about the abilities of their older colleagues.&lt;br /&gt;This workshop will present managements with the proper understanding of the different generations, the insight towards their behavioral patterns and how to better manage them&lt;br /&gt; &lt;br /&gt;Workshop Objectives:&lt;br /&gt;•	Understanding the definitions of the various Generations&lt;br /&gt;•	Why people from different generations behave differently&lt;br /&gt;•	What are the key drivers ( hot buttons) in different generations&lt;br /&gt;•	How to go beyond the stigma of a certain generation&lt;br /&gt;•	Managing a group of people who are a generation older to you&lt;br /&gt;•	Managing a group of people a generation younger to you&lt;br /&gt;&lt;br /&gt;Who Should Attend?&lt;br /&gt;•	Senior Management&lt;br /&gt;•	Managers&lt;br /&gt;•	Team Leaders&lt;br /&gt;•	Human Resource&lt;br /&gt;•	Coaches&lt;br /&gt;&lt;!--QuoteEnd--&gt;&lt;/div&gt;&lt;!--QuoteEEnd--&gt;</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Tue, 24 Jun 2014 17:26:31 +0800</pubDate>
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            <title>Amoi in their fav world cup team&amp;#39;s jersey</title>
            <link>http://forum.lowyat.net/topic/3265855</link>
            <description>[YOUTUBE]pP6el7ihMI0[/YOUTUBE]&lt;br /&gt;&lt;br /&gt;don&amp;#39;t care if slow</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Sun, 22 Jun 2014 02:12:37 +0800</pubDate>
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            <title>Amoi got thrown out of cab by ang moh</title>
            <link>http://forum.lowyat.net/topic/3261198</link>
            <description>&lt;img src='http://i.imgur.com/SsBe9qv.jpg' border='0' alt='user posted image' /&gt;&lt;br /&gt;&lt;br /&gt;inb4: forum.lowyat.net.sg</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Tue, 17 Jun 2014 17:32:09 +0800</pubDate>
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            <title>Can someone explain to me...</title>
            <link>http://forum.lowyat.net/topic/3259699</link>
            <description>Why is Holland&amp;#39;s home jersey color Orange?&lt;br /&gt;&lt;br /&gt;&lt;img src='http://upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/125px-Flag_of_the_Netherlands.svg.png' border='0' alt='user posted image' /&gt; vs &lt;img src='http://i.imgur.com/eKmPz1W.jpg' border='0' alt='user posted image' /&gt;&lt;br /&gt;&lt;br /&gt;why is Japan&amp;#39;s home jersey color Blue?&lt;br /&gt;&lt;br /&gt;&lt;img src='http://upload.wikimedia.org/wikipedia/en/thumb/9/9e/Flag_of_Japan.svg/125px-Flag_of_Japan.svg.png' border='0' alt='user posted image' /&gt; vs &lt;img src='http://i.imgur.com/BWShiEL.jpg' border='0' alt='user posted image' /&gt;&lt;br /&gt;&lt;br /&gt;Why Italy&amp;#39;s home jersey color is Blue?&lt;br /&gt;&lt;br /&gt;&lt;img src='http://upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/125px-Flag_of_Italy.svg.png' border='0' alt='user posted image' /&gt; vs &lt;img src='http://i.imgur.com/BWcYr4d.jpg' border='0' alt='user posted image' /&gt;</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Mon, 16 Jun 2014 14:00:42 +0800</pubDate>
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            <title>10 facts about Singapore&amp;#39;s PM Lee salary</title>
            <link>http://forum.lowyat.net/topic/3253173</link>
            <description>10 obscene facts about PM Lee’s salary&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;It’s no secret that Prime Minister Lee Hsien Loong is the highest paid leader in the world. But just how much is he paid?&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;1. If PM Lee’s pay was cut by nearly 70%, he would still be the highest paid leader in the world.&lt;br /&gt;&lt;br /&gt;PM Lee isn’t just the highest paid leader in the world, he has no close second. CY Leung (who is second) of Hong Kong receives &amp;#036;SGD &amp;#036;642,173 per annum, less than 30% that of PM Lee. If PM Lee were to take a massive 70% pay cut, he would still earn more than him.&lt;br /&gt;&lt;br /&gt;&lt;!--SPOILER BEGIN--&gt;&lt;div class=&quot;spoilertop&quot; onClick=&quot;openClose('88fc87a638136d48704d69e7a13e4775')&quot; style=&quot;font-weight: bold&quot;&gt;&lt;u&gt;&amp;raquo; Click to show Spoiler - click again to hide... &amp;laquo;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;spoilermain&quot; id=&quot;88fc87a638136d48704d69e7a13e4775&quot; style=&quot;display:none&quot;&gt;&lt;!--SPOILER END--&gt;&lt;br /&gt;&lt;img src='http://ariffin-sha.com/wp-content/uploads/2014/06/20130328-235847.jpg' border='0' alt='user posted image' /&gt;&lt;br /&gt;&lt;!--SPOILER DIV--&gt;&lt;/div&gt;&lt;!--SPOILER DIV--&gt;&lt;br /&gt; &lt;br /&gt;&lt;br /&gt;2. PM Lee makes more in a day than what 5 low-income families make in a month.&lt;br /&gt;&lt;br /&gt;All civil servants have a 5 day work week and compensation is structured around that schedule. Assuming PM Lee worked 5 days a week for all 52 weeks, his daily pay would amount to &amp;#036;8461 (&amp;#036;2,200,000/(52 x 5). An average low income family would only make &amp;#036;1500 a month.&lt;br /&gt;&lt;br /&gt; &lt;br /&gt;&lt;br /&gt;3. PM Lee makes more than the top 0.1% of Singaporeans.&lt;br /&gt;&lt;br /&gt;The top 1% of income earners in Singapore make &amp;#036;700,000 a year. The top 0.1% make close to &amp;#036;1.8 million, still short of PM Lee’s grand figure of &amp;#036;2.2 million. PM Lee’s salary doesn’t just put him among the rich, but the super rich.&lt;br /&gt;&lt;br /&gt; &lt;br /&gt;&lt;br /&gt;4. He pays only 20% in income tax.&lt;br /&gt;&lt;br /&gt;The top income tax rate in Singapore is only 20%, so we can assume that that’s the maximum amount PM Lee has to pay. If he earned that much in the socialist welfare states of Europe, he’d be paying at least 50% in taxes.&lt;br /&gt;&lt;br /&gt; &lt;br /&gt;&lt;br /&gt;5. &amp;#036;2,200,000 a year is only the base pay. There are still bonuses and other generous benefits.&lt;br /&gt;&lt;br /&gt;&amp;#036;2.2 million a year is a lot of money by any measure, but PM Lee is also entitled to an allowance worth 1 month’s pay and a bonus worth 6-12 month’s pay depending on his performance.&lt;br /&gt;&lt;br /&gt; &lt;br /&gt;&lt;br /&gt;6. PM Lee’s pay used to be even higher.&lt;br /&gt;&lt;br /&gt;Believe it or not, PM Lee’s salary used to be even more obscene. From 2008 to 2012, Lee earned an annual salary of S&amp;#036;3,870,000,an increase of 25% from the previous S&amp;#036;3,091,200.On January 2012, in response to public unhappiness at the high salary,Lee took a 28% pay cut reducing his salary to S&amp;#036;2.2 million (US&amp;#036;1.7 million).&lt;br /&gt;&lt;br /&gt; &lt;br /&gt;&lt;br /&gt;7. PM Lee’s makes over 60 times that of a fresh Uni grad&lt;br /&gt;&lt;br /&gt;The average starting pay of a university graduate is a modest &amp;#036;36,000 a year, 60 times less than what PM Lee makes.&lt;br /&gt;&lt;br /&gt; &lt;br /&gt;&lt;br /&gt;8. It would take a middle income earner his entire work life to earn what PM Lee makes in a year.&lt;br /&gt;&lt;br /&gt;A middle income earner making &amp;#036;4500 a month would take approximately 488 months or about 40 years and 8 months to earn &amp;#036;2.2 million.&lt;br /&gt;&lt;br /&gt; &lt;br /&gt;&lt;br /&gt;9. PM Lee’s salary is not bench marked to average Singaporeans but that of top private sector pay.&lt;br /&gt;&lt;br /&gt;The salaries of our ministers soared in the 1990s when they were bench marked to an average of the highest private sector pay in Singapore.&lt;br /&gt;&lt;br /&gt;PM Lee and numerous PAP ministers had long justified their high salaries by insisting they were necessary to attract the “best managerial and leadership talent to public service”.&lt;br /&gt;&lt;br /&gt;&lt;!--SPOILER BEGIN--&gt;&lt;div class=&quot;spoilertop&quot; onClick=&quot;openClose('9fc00886f767065f2d111ec6442f0bbe')&quot; style=&quot;font-weight: bold&quot;&gt;&lt;u&gt;&amp;raquo; Click to show Spoiler - click again to hide... &amp;laquo;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;spoilermain&quot; id=&quot;9fc00886f767065f2d111ec6442f0bbe&quot; style=&quot;display:none&quot;&gt;&lt;!--SPOILER END--&gt;&lt;br /&gt;&lt;img src='http://ariffin-sha.com/wp-content/uploads/2014/06/20130329-000412.jpg' border='0' alt='user posted image' /&gt;&lt;br /&gt;&lt;!--SPOILER DIV--&gt;&lt;/div&gt;&lt;!--SPOILER DIV--&gt;&lt;br /&gt; &lt;br /&gt;&lt;br /&gt;10. There are some PAP ministers and MPs who actually think that amount is decent.&lt;br /&gt;&lt;br /&gt;In January 2012, Grace Fu, in reaction to ministerial pay cuts, ranted on how further cuts to ministerial salaries may dissuade people from serving in politics in the future. Her Facebook post was met with mass criticism.&lt;br /&gt;&lt;br /&gt;In May 2011, MP for Nee Soon, Lim Wee Kiak linked ministerial salaries to the “dignity” of politicians. He had been quoted by Lian He Zao Bao as saying, “If the annual salary of the Minister of Information, Communication and Arts is only &amp;#036;500,000, it may pose some problems when he discuss policies with media CEOs who earn millions of dollars because they need not listen to the minister’s ideas and proposals. Hence, a reasonable payout will help to maintain a bit of dignity.” His comment was the subject of harsh criticism both online and offline.&lt;br /&gt;&lt;br /&gt;sos: &lt;a href='http://ariffin-sha.com/10-facts-pm-lee-salary/' target='_blank'&gt;http://ariffin-sha.com/10-facts-pm-lee-salary/&lt;/a&gt;</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Tue, 10 Jun 2014 12:36:06 +0800</pubDate>
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            <title>Possible to buy RM 1.5 mil house?</title>
            <link>http://forum.lowyat.net/topic/3233863</link>
            <description>(not me, but for this guy here: &lt;a href='https://forum.lowyat.net/topic/3232877)' target='_blank'&gt;https://forum.lowyat.net/topic/3232877&lt;/a&gt;)&lt;br /&gt;&lt;br /&gt;Assuming (inflations have already been accounted in the values for both house price and pay):&lt;br /&gt;&lt;br /&gt;House Price - 1.5mil&lt;br /&gt;&lt;br /&gt;First Job: Accountant (fresh grad)&lt;br /&gt;Pay - 3.5k (Big4) + increment 5% per year + 2 months bonus for 3 years&lt;br /&gt;&lt;br /&gt;Second Job: Chartered Accountant (after training)&lt;br /&gt;Pay - 8k (corporate company) + increment 10% per year + 3 months bonus &lt;br /&gt;&lt;br /&gt;Note1: rm 200k house cannot stuff &amp;gt; 2 people&lt;br /&gt;Note2: Shameful to get married without having a house&lt;br /&gt;Note3: Still studying pre-U. Just planning for the future</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Fri, 23 May 2014 03:40:09 +0800</pubDate>
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            <title>Mensturation leave</title>
            <link>http://forum.lowyat.net/topic/3230767</link>
            <description>Menses Leave&lt;br /&gt;Monday, May 19, 2014&lt;br /&gt;&lt;br /&gt;Yes. You heard me. &lt;br /&gt;&lt;br /&gt;We women SHOULD BE entitled to &amp;quot;menstruation leave.&amp;quot;&lt;br /&gt;&lt;br /&gt;Hi bosses, if you happen to read my blog... Please do not misunderstand that I am targetted at you all or the company. &lt;br /&gt;&lt;br /&gt;I am writing in general.&lt;br /&gt;&lt;br /&gt;AWARE Singapore finds faults with the NSF&amp;#39;s songs and whatsoever that has links to NSF and such.&lt;br /&gt;&lt;br /&gt;There is a REAL problem brewing here. AWARE SINGAPORE should fight for &amp;quot;menstruation leave&amp;quot;&amp;#33;&amp;#33;&amp;#33;&lt;br /&gt;&lt;br /&gt;I mean, come on, we have maternal leave and we have paternal leave and childcare leave but I really do think that menstruation leave is needed&amp;#33;&amp;#33;&amp;#33; &lt;br /&gt;&lt;br /&gt;I am sure there are a lot of female out there that suffers as much as me during THAT TIME OF THE MONTH and especially on the second day&amp;#33; &lt;br /&gt;&lt;br /&gt;You name it, we got it.&lt;br /&gt;- Stomach Cramps&lt;br /&gt;- Nausea&lt;br /&gt;- Weakness&lt;br /&gt;- Giddiness (Due to low blood)&lt;br /&gt;- Headache/Migraine (I HAVE IT EVERY MONTH AND ONLY PANADOL CAN CURE WHICH IS BAD CAUSE I SHOULD NOT HAVE TO RELY ON MEDS ALL THE TIME&amp;#33;) &lt;br /&gt;- Body Ache&lt;br /&gt;- Nipple Swelling&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Total discomfort apart from the fact that blood is leaving our body every other 30 minutes? And there is also the trouble of changing the stupid sanitary pad every 4-5 hours because it is extremely uncomfortable to wear a pad/tampon/whatsoever. Apart from that, we get urinal tract infection and other womanly problems so easily&amp;#33;&amp;#33;&amp;#33;&amp;#33;&amp;#33;&lt;br /&gt;&lt;br /&gt;AND AND AND the fact that our emotions are all haywired and the rest of the male population thinks we are mad because we either throw tantrums or cry randomly because we just cannot control our emotions?&amp;#33;&amp;#33;&amp;#33;&amp;#33;&amp;#33;&amp;#33; &lt;br /&gt;&lt;br /&gt;We have to endure labour and menses cramps and blood leaving us monthly and we hibernate babies for 9 freaking months.. I totally think that menstruation leave is damn reasonable. &lt;br /&gt;&lt;br /&gt;It doesn&amp;#39;t have to be a leave you know.. It could be a work-at-home day? Maybe just one day per month? We could still be productive at home though but we may just be scrunched up on our beds like a shrimp just fighting the cramps or maybe stuffing our faces with chocolate than having to deal with extra acne on our faces during our menstruation period. &lt;br /&gt;&lt;br /&gt;Before our menstruation comes, we have to deal with our extreme appetite and being judged by others as compulsive pigs&amp;#33;(I know I am exaggerating a little but I just want to get my point across here...)&lt;br /&gt;&lt;br /&gt;This is a serious issue that the female population faces. Some of us cannot even get out of our beds on mornings where the cramps are so bad or we either stain our beds/sofas when we lie/sit down.&lt;br /&gt;&lt;br /&gt;DO YOU KNOW HOW FRUSTRATING IT IS GUYS???? &lt;br /&gt;&lt;br /&gt;Seriously, we deserve menstruation leave.&lt;br /&gt;&lt;br /&gt;Thanks for reading and no, I am not having my period now. The agony was just over. &lt;br /&gt;&lt;br /&gt;This is a pictureless post... What did you expect? A photo of a pad? LOL. &lt;br /&gt;&lt;br /&gt;&lt;!--SPOILER BEGIN--&gt;&lt;div class=&quot;spoilertop&quot; onClick=&quot;openClose('b3a5645b5f588b85abe4e4803424c449')&quot; style=&quot;font-weight: bold&quot;&gt;&lt;u&gt;&amp;raquo; Click to show Spoiler - click again to hide... &amp;laquo;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;spoilermain&quot; id=&quot;b3a5645b5f588b85abe4e4803424c449&quot; style=&quot;display:none&quot;&gt;&lt;!--SPOILER END--&gt;&lt;br /&gt;&lt;img src='https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-ash3/942025_10152755178840467_2058167652_n.jpg' border='0' alt='user posted image' /&gt;&lt;br /&gt;&lt;!--SPOILER DIV--&gt;&lt;/div&gt;&lt;!--SPOILER DIV--&gt;&lt;br /&gt;&lt;br /&gt;sos: &lt;a href='http://therealsingapore.com/content/aware-singapore-please-help-us-girls-fight-menstruation-leave' target='_blank'&gt;http://therealsingapore.com/content/aware-...struation-leave&lt;/a&gt;</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Tue, 20 May 2014 13:55:58 +0800</pubDate>
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            <title>What kind of weapons do you have in your car?</title>
            <link>http://forum.lowyat.net/topic/3210204</link>
            <description>Please vote and specify which one you have  &lt;!--emo&amp;:D--&gt;&lt;img src='http://static.lowyat.net/style_emoticons/default/biggrin.gif' border='0' style='vertical-align:middle' alt='biggrin.gif' /&gt;&lt;!--endemo--&gt;</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Wed, 30 Apr 2014 18:55:57 +0800</pubDate>
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            <title>Property market ferris wheel</title>
            <link>http://forum.lowyat.net/topic/3207692</link>
            <description>&lt;img src='http://i.imgur.com/7bJZbQ4.jpg' border='0' alt='user posted image' /&gt;&lt;br /&gt;&lt;br /&gt;Summary:&lt;br /&gt;1. High property prices high, cooling measures introduced.&lt;br /&gt;2. Demand drops due to reduction in speculation&lt;br /&gt;3. Supply drops due to lackluster demand, causing mid to long-term shortage&lt;br /&gt;4. Genuine demand means demand &amp;gt; supply&lt;br /&gt;5. Prices goes up again because supply limited&lt;br /&gt;6. Step 1 repeats&lt;br /&gt;&lt;br /&gt;&lt;!--SPOILER BEGIN--&gt;&lt;div class=&quot;spoilertop&quot; onClick=&quot;openClose('4d21857ee925e7b1b8569f857182f808')&quot; style=&quot;font-weight: bold&quot;&gt;&lt;u&gt;&amp;raquo; Click to show Spoiler - click again to hide... &amp;laquo;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;spoilermain&quot; id=&quot;4d21857ee925e7b1b8569f857182f808&quot; style=&quot;display:none&quot;&gt;&lt;!--SPOILER END--&gt;&lt;br /&gt;RIDES on Ferris wheels are often breathtaking once the cabin reaches the summit. Our eyes are able to feast on the beautiful skyline, and the spectacular view becomes the highlight. While we are amazed with the marvel of the Ferris wheel, the journey itself makes me wonder sometimes.&lt;br /&gt;&lt;br /&gt;The Ferris wheel goes round and round but it doesn’t really carry us anywhere. When we are on the Ferris wheel, we think we are going somewhere. But at the end of the ride, we still find ourselves at the same place.&lt;br /&gt;&lt;br /&gt;In life, I sometimes see similar events to riding on a “Ferris wheel”. This ride is either by choice or more often than not, done routinely. One of these real-life scenarios is the cooling off measures imposed on the property industry. Many countries including China, Hong Kong, Singapore and Malaysia have implemented cooling off measures to control the increase in property prices. These measures apparently have some impact in the short-term. It is, however, questionable if these measures can work in the longer-term.&lt;br /&gt;&lt;br /&gt;With different levels of development in each country, it would be incorrect to look at all the measures and their effectiveness in the same breath. On this note, let’s focus on the impact of the cooling off measures on the property sector and home purchasers in Malaysia.&lt;br /&gt;&lt;br /&gt;The cooling off measures announced in Malaysia since year 2010 include maximum 70% Loan-to-Value ratio for third property, margin of financing base on net income, and loan tenure reduced from 45 years to 35 years. The budget announcement last October saw the removal of DIBS (Developer Interest Bearing Scheme) and also the increase of the minimum house price for foreign purchaser to RM1mil, as well as the revision of RPGT (Real Property Gain Tax) rates.&lt;br /&gt;&lt;br /&gt;With each series of new measures imposed, purchasers are adopting a “wait-and-see” attitude, and delaying their home purchase decisions. This causes a slowdown in production because of unsold stock and developers are not launching new projects as frequently. It eventually creates a medium to longer term shortage in supply.&lt;br /&gt;&lt;br /&gt;In a survey conducted by Rehda (Real Estate and Housing Developers’ Association) on its members, the number of projects launched in the second half of 2013 dropped by 32% as compared to the first half of 2013. That shows the lacklustre sentiment in the property market.&lt;br /&gt;&lt;br /&gt;Fundamentally, it would not be surprising that the hold back in demand will not last long as the population continues to grow. In February this year, our population hits the 30-million mark and according to National Property Information Centre, our existing number of residential properties as at third quarter of 2013 is only about 4.7 million units.&lt;br /&gt;&lt;br /&gt;Comparatively, Australia has a population of around 22 million living in 9.1 million homes according to its 2011’s census. To meet demand of the growing population in Malaysia and to catch up with other developed countries, we need to build more homes to meet existing and future demand. At the same time, we need to make houses more affordable. Unfortunately, the tightening measures are pushing the supply in the opposite direction.&lt;br /&gt;&lt;br /&gt;As time progresses, when purchasers return to the market due to genuine needs, and to hedge against inflation which has edged up to 3.5% in February this year (higher than the fixed deposit (FD) interest rate of 3.15%), the demand will resume.&lt;br /&gt;&lt;br /&gt;On the supply side, developers are faced with challenges in supplying more homes due to land and material costs being in linear progression with inflation, and this is not helped with the uncertainties of the cooling off measures. Evidently, when demand exceeds supply, the price will rise. This is a basic economic principle.&lt;br /&gt;&lt;br /&gt;When home prices increase, the authorities will once again impose more cooling off measures with the intention to control price. This is where the “Ferris wheel” comes to play and the vicious cycle repeats itself.&lt;br /&gt;&lt;br /&gt;To escape from this cycle, it is critical to encourage more supply by speeding up the approval process for new developments, and addressing the issue of more affordable housing on a platform where both the Government and the private sector are able to operate as one.&lt;br /&gt;&lt;br /&gt;There is a need for the various state authorities to consider the conditions imposed on developers, and reduce those conditions that currently deters the building of affordable housing. Conditions such as 30% to be low cost houses to be sold at a fixed price of RM42,000 each, and 30% quota given to specific race with discount, are slowing down the supply of affordable housing. Perhaps PR1MA should be the agency to focus on this affordable housing in a big way.&lt;br /&gt;&lt;br /&gt;The cooling off measures and its impact on the rakyat are like riding on a Ferris wheel that keeps us in the same place despite the number of rides we take. It’s time for the authorities and relevant parties to re-look at this “misery-go-round”, and work out plans that make the vision of “housing the nation” a reality, instead of spinning our wheels on the same spot. &lt;br /&gt;&lt;!--SPOILER DIV--&gt;&lt;/div&gt;&lt;!--SPOILER DIV--&gt;&lt;br /&gt;&lt;br /&gt;&lt;a href='http://www.thestar.com.my/Business/Business-News/2014/04/12/Miserygoround-Time-to-work-out-plans-that-make-housing-the-nation-a-reality/' target='_blank'&gt;http://www.thestar.com.my/Business/Busines...tion-a-reality/&lt;/a&gt;&lt;br /&gt;</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Mon, 28 Apr 2014 13:46:53 +0800</pubDate>
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            <title>dear /k who earns 20k or above per month..</title>
            <link>http://forum.lowyat.net/topic/3204872</link>
            <description>can i know what is your credit card limit?&lt;br /&gt;&lt;br /&gt;and what is the normal credit limit to salary ratio?</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Fri, 25 Apr 2014 12:48:08 +0800</pubDate>
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            <title>Why do football clubs rather avoid Europa league?</title>
            <link>http://forum.lowyat.net/topic/3204411</link>
            <description>Some clubs prefer not to qualify for europa league because it is a &amp;quot;distraction&amp;quot;. &lt;br /&gt;&lt;br /&gt;Why is this so when there is also prize money for europa league, and additional games where clubs can collect more ticket revenue?&lt;br /&gt;&lt;br /&gt;Europa League Prize money&lt;br /&gt;&lt;br /&gt;&lt;!--SPOILER BEGIN--&gt;&lt;div class=&quot;spoilertop&quot; onClick=&quot;openClose('d8799d01f6bce195ac98be638ad91019')&quot; style=&quot;font-weight: bold&quot;&gt;&lt;u&gt;&amp;raquo; Click to show Spoiler - click again to hide... &amp;laquo;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;spoilermain&quot; id=&quot;d8799d01f6bce195ac98be638ad91019&quot; style=&quot;display:none&quot;&gt;&lt;!--SPOILER END--&gt;&lt;br /&gt;    First qualifying round: €120,000&lt;br /&gt;    Second qualifying round: €130,000&lt;br /&gt;    Third qualifying round: €140,000&lt;br /&gt;    Play-off round elimination: €150,000&lt;br /&gt;    Base fee for group stage: €1,300,000&lt;br /&gt;    Group match victory: €200,000&lt;br /&gt;    Group match draw: €100,000&lt;br /&gt;    Group winners: €400,000&lt;br /&gt;    Group runners-up: €200,000&lt;br /&gt;    Round of 32: €200,000&lt;br /&gt;    Round of 16: €350,000&lt;br /&gt;    Quarter-finals: €450,000&lt;br /&gt;    Semi-finals: €1,000,000&lt;br /&gt;    Losing finalist: €2,500,000&lt;br /&gt;    Winners: €5,000,000&lt;br /&gt;&lt;!--SPOILER DIV--&gt;&lt;/div&gt;&lt;!--SPOILER DIV--&gt;&lt;br /&gt;&lt;br /&gt;Champion&amp;#39;s League Prize money&lt;br /&gt;&lt;br /&gt;&lt;!--SPOILER BEGIN--&gt;&lt;div class=&quot;spoilertop&quot; onClick=&quot;openClose('a947d478b8fcd09972541d65c4a43ca1')&quot; style=&quot;font-weight: bold&quot;&gt;&lt;u&gt;&amp;raquo; Click to show Spoiler - click again to hide... &amp;laquo;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;spoilermain&quot; id=&quot;a947d478b8fcd09972541d65c4a43ca1&quot; style=&quot;display:none&quot;&gt;&lt;!--SPOILER END--&gt;&lt;br /&gt;    Playoffs: €2,100,000&lt;br /&gt;    Base fee for group stage: €8,600,000&lt;br /&gt;    Group match victory: €1,000,000&lt;br /&gt;    Group match draw: €500,000&lt;br /&gt;    Round of 16: €3,500,000&lt;br /&gt;    Quarter-finals: €3,900,000&lt;br /&gt;    Semi-finals: €4,900,000&lt;br /&gt;    Losing finalist: €6,500,000&lt;br /&gt;    Winning the Final: €10,500,000&lt;br /&gt;&lt;!--SPOILER DIV--&gt;&lt;/div&gt;&lt;!--SPOILER DIV--&gt;&lt;br /&gt;&lt;br /&gt;Premier League Prize money (from last year)&lt;br /&gt;&lt;br /&gt;&lt;!--SPOILER BEGIN--&gt;&lt;div class=&quot;spoilertop&quot; onClick=&quot;openClose('13119b6250c1d5e921d61dffc53d40f5')&quot; style=&quot;font-weight: bold&quot;&gt;&lt;u&gt;&amp;raquo; Click to show Spoiler - click again to hide... &amp;laquo;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;spoilermain&quot; id=&quot;13119b6250c1d5e921d61dffc53d40f5&quot; style=&quot;display:none&quot;&gt;&lt;!--SPOILER END--&gt;&lt;br /&gt;&lt;img src='http://epltalk.com/wp-content/uploads/2013/05/money-table-600x712.jpg' border='0' alt='user posted image' /&gt;&lt;br /&gt;&lt;!--SPOILER DIV--&gt;&lt;/div&gt;&lt;!--SPOILER DIV--&gt;</description>
            <author>creditme</author>
            <category>The Museum Of Kopitiam</category>
            <pubDate>Thu, 24 Apr 2014 22:24:26 +0800</pubDate>
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