UOB
and OUB Make Counter-Apology to DBS
by Lau Cheow
UOB and OUB
have issued a joint apology to DBS for circulating bad jokes about what the initials
DBS stood for. This startling development comes in the wake of DBS's own apology and
$1m settlement to both banks for making disparaging remarks about their proposed
merger.
The apology was made after a crumpled page filled
with DBS jokes was found in a garbage bin in a UOB Plaza toilet.
It has now emerged that UOB and OUB had engaged an
investment analyst firm, Luan, Luan & Lai, to provide background research to
its stakeholders in order to counter the DBS bid.
LL&L evidently
concluded that the best way to fend off the DBS bid was to create jokes about
what DBS actually stood for and thus undermine its credibility.
An e-mail was sent anonymously to various
influential investors and very soon, the market was roiling with rumours and
laughter.
We asked Mr. Bylo Sellhigh, an analyst with JP Goldman for his
opinion.
"For many years, we in the investment banking community believed
that DBS stood for Damn! Boh Salary!" he said. "But these new acronyms
are absolutely great! Wait till I SMS all my kakis about this."
Mr.Selhigh
chuckled over some of the more obvious ones, such as Damn Bad Service, Damn
Buay Song and Don't Be Sued.
Documents retrieved from the investment firm's
garbage bin showed, however, that its team of highly paid MBAs spent hours creating new
meanings for the acronym DBS.
A piece of paper, reproduced below is a print-out
of an internal draft e-mail:
|
DBS stands for:
Damn Bad
Scam/Service
Dhana's Big Salary
Don't Bloody
Sue/Settle
Desperate Bank Slanders
Deliberately Buy Shares/Stock
Deliberately Be Suckers
Deliberately Bully
Singaporeans
Dhana Buay Song
|
A source close to DBS chairman S.
Dhanabalan said,
"As far as I'm concerned, the one that turned out to be true was Dhanabalan
Better Settle."
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2001. All rights reserved.
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Singaporeans Cheer Generosity of Gahmen's
$1.34 Recession Rebates
by K. K. Cheow
Singaporeans have been uniformly enthusiastic
about the government's move to help HDB residents through the recession by
granting generous rebates on their personal income taxes and utility and
conservancy charges. Up to $500 over 12 months can be saved, amounting to
a whopping $1.34 per day.
Under the measures passed in the February budget,
HDB home-owners will get back $250 to $350 on their utilities charges under the
Utilities Save plan, whereby rebates will be paid in 10 equal payments from
August this year to April next year.
According to the certifiable public accountant
firm of Boey Hiao & Sng, this means that the rebates amount to a glorious
$1.12 per day. Factor in the rebates on income taxes, and this staggering
savings could rise by an unprecedented $0.22.
"Wow," exclaimed Bukit Gorblok resident
Mr. Ooh Lui Leow. "The government weren't kidding when they said the
rebates would help us with our cash flow! $1.34 a day! Imagine what
I could do with that money! The possibilities are endless!"
"I can now afford toilet paper," said
Mr. Kah Chng Tiah, eyes welling with tears of gratitude. "Thanks to
the gahmen, I will no longer have to stun copies of 'Today' from MRT stations to
use."
"I can't tell you how much my life will be
greatly enriched by having this extra $1.34," echoed Mdm Ah Neh Chioh.
"I wish I could, but I can't... the amount... it's so overwhelming!"
In other news, Singapore was named Most Sarcastic
Population in Southeast Asia by the United Nations Commission on Cynicism.
"Another first for Singapore!" cheered
Minister of State for Morale Mr. Cheah Lee Der.
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Thanks To Harvard Don, Singaporeans Now Know
How To Suck Eggs
by National Cadet Cock
In yet another coup for Foreign Talent promoters,
a ballroom full of civil servants were taught by Harvard Professor Harry Potter
how to use their mouths to remove the contents of spherical organic poultry
products.
"Just poke a hole through the shell and
place your mouth to it," said Professor Potter, who is often described as a
wizard. "Then suck. The yolk will come right out."
Emeritus Professor of Apparency at the Harvard
Obvious School, Prof. Potter was in Singapore to chair a brainstorming session
attended by top civil servants and businessmen.
Attendee Mdm. Ai Chiak Neng, a senior officer at
the Ministry of Geriatrics and a grandmother of three, was very impressed.
"Professor Potter is amazing. When I told him that my dentures get in
the way of my sucking, he suggested using a straw! I never would have thought of
that!"
Aside from dealing with eggs, Professor Potter
also gave advice on how Singapore should deal with the changing global economic
environment. According to the Straits Times, Professor Potter advised this
select group to do the following:
 | Address weaknesses in the economy |
 | Stay unique to beat rivals |
 | Create sophisticated companies |
 | Work with immediate neighbours |
His advice had a similar impact on the audience
as his solution to issues of yolk-shell separation.
"The seminar was a real eye opener for
me," said attendee Mr. Theah Cheng Hu, of the Ministry of Home Affairs.
"Before he spoke, I had no idea it was good to address weaknesses in the
economy. I thought, you know, it'll sort itself out. And
sophisticated companies? Shucks, our economy is borne on the backs of Ah Bengs,
so who needs sophistication? But now... wow."
Mr. Mohd. Semua bin Sama of the Ministry of
Conformity also agreed. "Amazing. Up till now, we believed that
people could only succeed by aping rivals. Now we have to be unique? We
might have to reinvent this entire ministry!"
The sentiment was echoed by Miss Khee Chia Hong
of the Ministry of Foreign Affairs. "Thanks to Prof. Potter, we now know
that we actually have to work with immediate neighbours instead of just
cucuk-ing them from time to time by bragging about our success."
Prof. Potter also advocated a need to pay
attention to local Singaporean businesses, instead of focusing solely on
multinationals.
"This is the most radical proposal of all
and we have to examine it closely before deciding whether to adopt it,"
said Ministry of Colonial Hangoverism officer Miss Ping Ker Tan. "After
all, we have a strong history of disregarding locals over foreigners to
uphold."
In fact, added Miss Ping, Prof. Potter's
very presence undermined his own advice on the worth of pursuing locals.
"No local would have been able to tell us how to suck eggs. Which is
why we don't listen to them. But Prof. Potter has shown once again, the
wisdom of the foreign talent policy."
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Singapore's May-December Romance Over
by Kway Png
Hot on the heels of the breakup of the
controversial affair between an older woman and a younger man in Taiwan last
week, a local romance between a 72 year old man and a 15 year old girl was ended
yesterday - by the police.
"Of course I'm heartbroken," said
widower Mr. Chee Koh Pek, 72, who is being charged with offences against minors.
"There was so much we could have shown each other... "
However, Mr. Chee's now former girlfriend, 15
year old Stamford Girls School student Ms. Loh Lee Tah, was less remorseful.
"Let's just say I think Koh Pek exposed me
to enough of himself as it is," she said. "Who do you think called the
police?"
The relationship had a stormy start when their
respective families clashed over it.
"We're kind of sad that it's over,"
said Lee Tah's father. "It would have been very educational for
her. In Singapore, to get ahead in life, you must submit to the wishes of
old men, and Lee Tah could have learned many great lessons in filial piety from
Koh Pek."
"Filial piety?" retorted Mr. Chee's
son. "Kueh pietee, more like! All Lee Tah wanted was to eat us out of
our inheritance! As it is, do you know how much he spent on maintaining
her Hello Kitty habit?"
But the affair ended when Mr. Chee thought that
she had played with enough Hello Kitties, and should now play with his
"Snoopy".
"Unfortunately, Snoopy turned out to be
Droopy," said Ms. Loh.
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"Survivor" For Singapore's Overseas
Scholars
by K. K. Cheow
To prepare overseas scholars for living in
foreign and potentially inhospitable climes, the government will be putting its
scholars through a mandatory course patterned on the popular game show,
"Survivor".
Said Public Service Commission spokesman Mr. Ho
Lee Lui, "Let's be honest. Most scholars got their grades by
completely isolating themselves from human contact and experience in order to
mug. But while human contact and experience is not necessary to be a
leader in Singapore, which is why local scholars are exempted from this course,
our kids overseas may not be able to cocoon themselves."
Mr. Ho said that the PSC reviewed many
preparation courses before settling on 'Survivor'.
The first choice was initially "Who Wants To
Be A Minister", as it best reflected the aims of the scholars.
"However," said Mr. Ho. "The skills set it emphasized was mostly
mugging, so it wasn't much of a stretch of their abilities."
"Survivor" was chosen because it
concentrated on dealing with the unfamiliar, with a strong Darwinian element.
The programme will involve spending a week at the
Outward Bound School on Pulau Ubin, during which scholars will undergo modules
which have been specially designed to equip them with skills necessary to deal
with alien situations such as:
 | How to hold conversations which do not consist
solely of finding out what grades each other obtained; |
 | How to explain to foreigners the superiority
of Singapore; |
 | How to argue against freedom of speech. |
"Our kids may be put into situations where
they might have their belief systems challenged," said Mr. Ho. "We
hope these modules will help them cope with such unpleasantness. But as
added protection, when they eventually do go overseas, a friendly member from
Internal Security will help them to remain steadfast."
However, the course will not just be just another
activity weekend. Nor will male scholars who have undergone national service
have any advantage.
"The big twist is that the scholars could
get voted off the island," said Mr. Ho. "If so, then they will be
downgraded to local scholars and follow an inferior career track."
The voting-off process is very important,
explained Mr. Ho. "It will emphasize the importance of forging good bonds
with their fellows to avoid being booted out of the game. A very useful
warning to potential bond breakers."
In this version of "Survivor", however,
the Tribal Council will not consist of one's peers, but rather, a group of
senior civil servants.
"It's good for us to observe our youngsters
in non-work related situations," smiled tribal councillor Mr. Lao Ter Koh,
an officer with the Ministry of Health. "Once they come back, we'll be
seeing them in office attire all the time, so it's quite good to have this
chance to see these young people running around in shorts and swimsuits."
"Purely for professional reasons, of
course," he added quickly.
The "Survivor" course also fits in with
the government's population-boosting policies.
"Hopefully, being in the outdoors and seeing
each other in shorts and clingy t-shirts will stimulate glands that have been
neglected by all those years of mugging," said Mr. Ho. "Some games may
even require them to touch each other to help through the articles. With any
luck, they will pair off now, and when they go overseas, will be less tempted to
date non-Singaporeans and contemplate breaking their bonds."
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Teachers Should Be Like Geese, Say Honky
Consultants
by Hen of God
At a recent seminar organised by the Singapore
Teachers Union (STU), two angmor consultants told teachers that to be creative,
they should emulate geese.
Flock mentality is very strong amongst geese,
according to Mr. Howard Theducky and Mrs. Poultricia Cluck, two educational
consultants from England. According to their Goose Theory, the solidarity of the group will enable them to
deal creatively with the turbulence ensuing from constant policy shifts.
Mr. Theducky and Mrs. Cluck's poultry-themed
seminars are apparently world famous, and they have been invited by many
governments to share their knowledge with local teachers.
The STU had specifically requested that Mr.
Theducky and Mrs. Cluck conduct their seminar on Goose Theory, which has been
well-received in the region.
"We really want our teachers to take a
gander at Goose Theory," said Ministry of Education spokesman See Rang
King.
"We did extremely well in Indonesia,"
said Mr. Theducky. "Former President Abdurrahman Wahid was a big supporter
of our goose-seminar. Why do you think he chose the nickname 'Goose Dur'?"
As part of the goose theme, the seminar room was decorated
like a large lake, complete with the natural sounds of honking geese and water.
The day
started with an exercise where the 100 participating teachers were
asked to close their eyes and visualize themselves as geese. The teachers also
had to imitate the bodily movements of
geese, an activity which reached a crescendo of honks and flapping when Mrs. Cluck
tossed a bag full of bread crumbs into the air.
Mr. Theducky explained this unusual exercise, "Goose-ness
should not remain as cognitive knowledge. The goose-ness must penetrate
their psyches and their bodies so that it becomes natural part of their
lives."
"It was very cathartic to get in touch with
my inner goose," said Mr. Tio Gor Leow, 35, a P.E. teacher with Stamford
Girls School.
The afternoon was then spent in small groups where teachers
brainstormed ways to infuse goose-ness in their professional
lives. The following are some of the recommendations that the Teachers Union will
submit to the Ministry of Education for implementation:
 | Every teacher must be a team-player, like the
goose. If there is any
teacher who is tempted to lay any golden eggs, he or she will be
"killed," i.e. dismissed from service. Golden eggs cause
jealousy and divisiveness and should be avoided. (Note: For the purposes
of clarity, golden eggs are defined as anything that causes jealousy and
divisiveness.) |
 | After morning assembly, teachers and students will march to their classes
using the
goose-step; |
 | And when teachers see each other in their
schools, they will wish each other "Goose-morning." |
 | The Ministry of Education should avoid, as far as possible, employing
Teochew teachers as Teochews like to eat goose meat, and such knowledge will be too
traumatic for the other teachers. Vegetarian teochews,
however, can be employed. |
The seminar then ended with a mass goose-dance led by the famous
goose-dancers of Bukit Gorblok Community Centre.
Officials from the Teachers' Union could not agree more with
the lessons embodied by the geese.
Said Ms. Mai Sio Meh, a spokeswoman for the STU,
"Geese have always been our inspiration. That's what our union always say,
you know. Must fly in formation. Don't fight, don't complain. Just
continue flying straight. Our union has survived for so long precisely because
we don't adopt a confrontational approach with policy. And we've done just fine
for our members by resolving their grievances with free umbrellas and 5%
discount at Metro."
"It's all perfectly clear to me now,"
said Mr. Chia Gor Bak, a teacher at Bukit Gorblok Secondary School. "In
choosing these consultants and their message, the Singapore Teachers' Union is
telling us that the best way to be creative in the face of adversity is to
simply follow the flock."
"Very innovative," said teacher Ooh
Yiah Boh, as he emerged from the seminar. "Especially when the adjective
normally associated with geese is 'silly'."
Others were less convinced.
"Frankly?" said Hong Kan Secondary
School teacher Ms. Jiang Niaoyu, "This goose thing is damn cock."
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Youths Mysteriously Miss Government SMS
Messages
by Pak Cham Kai
As part of a major government initiative, Tanjong
Pagar Community Development Council recently announced that they would be using
Short Message Service (SMS) to inform the young about their activities.
For some unexplained reason, however, the young are having trouble receiving the
messages.
"I dunno why I never receive leh," said
Ms. Boh Quah Tio, 16, who due to missing these messages, was not informed of the
tuition course her parents had signed her up for. "It's very sad. I
really, really wanted to attend the Maths remedial at the CC, but instead I had
to hang out with my friends at Taka. What a shame."
"Got, ah?" said Mr. Mohd Tidak bin
Tengok, 18. "That's a pity, because attending CDC activities is very high
on my priority list, like I'm sure it is with all the kids in Singapore.
Imagine, if I had received the message, I could be attending family-friendly
karaoke sessions at the CC instead of listening to Metallica with my
buddies. Oh, the missed opportunity."
"I dun blv it," messaged Mr. Verikwikki
Thambi, 17. "r u sure not?"
The Ministry of Communications and Information
Technology is looking into the matter.
"We think the kids may just be deleting the
messages without even looking at them, like they do with spam," said MCIT
spokesman Mr. Yong Thean Way. "But unlike unsolicited messages from
commercial organisations, unsolicited messages from the government are not spam."
"Of course it's possible that the young may
be simply ignoring the messages," said Mr. Yong. "In which case it's a
much more serious issue. All citizens have a moral obligation to read and
obey government messages. Which is why we have also enlisted the
assistance of the Internal Security Department in our investigations."
The government is now considering legislation to
make the immediate deletion of government SMS messages illegal, as well as
expanding the government's access to mobile phones to monitor individual
usage.
MCIT Minister of State Mr. Lim Swee Say told the
Straits Times last week that "he has no doubt the government will find more
avenues in which to use the mobile message system."
"Whoopee," said Mr. Siang Kah Wah,
18.
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|