Taxi fare hike again!

I am just so pissed off at this issue that I cant help but to take a break from my revision and pen down my personal thoughts.

First and foremost, who is that bloody 'genius' behind the most recent proposal for taxi fee hike? I am certain that this is a VERY irresponsible and 'cheap' reaction to 'solve' any existing mismatch between supply and demand in the 'taxi service market'. While pricing is often a good way to influence one's behaviour, it, by no means, is the optimal policy choice. Using price to influence both consumer and supplier (taxi drivers) behaviour in this case, will open the floodgate to a plethora of new problems.

1. taxi driver will begin to avoid fringe CBD area. and what's next? expand the city zone for surcharge? this will just go on and go. what will this lead to?

2. it seems like most decisions are determined by raw economics. money, profits and what not that ultimately affect the pay of these decision making executives. Please spare a thought for people who may not be affluent but yet need to taxi because (a) they are handicapped, (b) they are old etc. Did we not realise that that we do not see many elderly or handicapped in town or elsewhere? Is it becsause that they love to stay at home? Did we not realise that our transport system in Singapore is only world class for those who are able? What is wrong with policy makers? Take a look at Australia, U.S. (L.A.) and many European countries' transport systems. Yes, they may not be as efficient as ours but certainly, they are more elderly/ handicap friendly! and therefore, U will not be surprised to see these people around everywhere on their own! Money, money and profits! If this continues to dominate our policy decisions, we will fail very soon. There are many more factors to be considered in policy making. What are the effects of a policy on the community at large? The environmental impacts etc?

i just got to end of by saying that I am utterly disappointed in our regulators and the companies involved. Spare a thought for a the larger society. Open up and listen to other groups. A business exists in a community and thrive on the resources of the community, if ultimately, the business so decides to exploit the resources of that society that it operates it, it will ultimately suffer the consequences.

disappointed. I will work hard to be able to do something to contribute one day...soon.

下一步棋该这么走？

2 papers completed. today's shipowning entity was ok. I thought it was pretty simple, but then again, i did not have sufficient time to write, hence towards the last part of the paper i was simply scribbling like crazy. thoughts were quite disorganised. the front part was ok. Given sufficient time, it would probably be a safe A. Now, it revolves around A/ B. crap. the Grading system here is not so good... just either A or B no plus or minus. hmm. Again, I wish that I have enough luck to 'err' on the A side for both subjects. I pray that the examiners could tell through my answers that my knowledge on the subjects are well above average.. probably superior to most. I have read beyond the textbook and learnt so much from outside sources.

Next 2, I MUST work very hard to Aced them. My favourite subjects =)
target: minimun 2 As with NO C grade. But must get some As. Could it even be 3 or 4 As?

haha. Looking ahead... i need to plan for the subjects next semester. strategise to max learning and to maintain my GPA. Also, need to apply for hall. when I get back to singapore.. tons of admin to do. Seminar to attend, meetings to settle softball stuff, maybe trainings, unpack and pack, family dinner, making claims and lots more.

Busy weeks ahead before another break - Fun in Sydney with my dearest!

Look for master courses! CFA =possible? I have a dream.. I must fulfil my dream. Hokom told me that 1 yr at LSE cost GBP13,ooo just for tuition! Well, I shall drive a toyota and fulfil my academic dreams. I place highest value on the training of mine mind.. be scholistic is my choice. I feel good to be able to think clearly. and to contribute to everything i particiapate in! I need more education!

i want to take all these courses.. i pray hard that i could achieve this small goal before I grad. My Class Schedule must allow me to do so!!! Argghhh..always clash. @#$%^ I want to take:

1. Business and Finance (Done)
2. Investments
3. Equity and Securities
4. Portfolio Management
5. Principles of risks and Insurance

With these 5 modules in hand. I can compete with the finance grad despite my degree in science. trash them! and I shall prep myself for my second career.. too early?

hmm.. tired now. going to study.

Ship Accounting Paper is over

Yeah! Ship Accounting paper is over! I was quite stressed prior to the paper cos i was not confident in scoring for that paper. all turned out pretty well. I should expect at least a B grade.. sighz. what a waste. had I had more time ... had i not make that stupid mistake in Q3... i would probably have secured an A!! @#$%^&* crap... maybe i have good luck.. A is still possible, we'll see. I think in the rest of my answers.. I have demonstrated a thorough understanding of the subject and shown that i read beyond what is presented in the books and notes. I OUGHT to be rewarded for all these extra efforts right?

What's next? 3 more papers to go. SHIP ENTITY on friday, followed by Marine Insurance and International Maritime Law. I will aced them. Action speaks louder than words. I have rewarded myself today 3 dec 2007 by resting for the whole day! Time to work doubly hard again. I must and I will do well. Must get some As from this school! arrgghhh.. at least 2 As and minimum of B!

I am confused now.. time for sub reg for next sem. shall I take Investment? I need someone to enlighten me! shall i take risk reporting and analysis? I love these subjects.. but i'll be alone. and I will miss the first 2 weeks of class. shit! what shall i do?

zhenzhen.. where are u? somewhere in NZ? hmmm... hope to hear from u. see ya in 3 weeks =)