Mar 21, 2009

The global economic crisis

This is the worst global economic crisis since the Great Depression in the 1930's. Many governments around the world have taken money out of the countries reserves to help tide the country over the recession and also stop the current situation from being worse. Hopefully they will be able to pull the world out of the ressecion soon.
How did this ressesion come about in the first place? This started in september 2008 when the housing bubble was broken. Many people had borrowed money from the banks to buy houses to earn through the property market. They hoped to earn hudred thousands at a time buy reselling it. As the demand increased, the prices of the houses increased and developers started building more and more houses. Due to the amount of money people in the property market were earning, yet more people joined in the market. Then there were more houses than buyers and people could not sell of the houses they bought. Then they could not return the depts they borrowed from the banks. After that they brcame bad debts but the banks had already sold it to the other banks so they had a credit crisis.

Mar 4, 2009

Acid Spill

There was an unfortunate event that took place last week. A small quantity of strong nitric acid leaked out of the heat exchanging unit while it was being cleaned. Five workers suffered burns to their faces and upper bodies when they touched the acid. The Manpower Ministry has ordered the Chemical Industry to shut down and stop all work while the company's work processes and the safety measures in place are being checked. The company has declined to comment.
If the ministry find out that the company did not implement any safety measures or did not implement, enough, the company would face a fine up to $500,000 for breaking the Workplace Safety and Health Act. Any guilty individual will be fined up to $200,000 and/or be jailed up to two years.
Out of the five individuals burned by the nitric acid, four of them have died, including Mr Chinnapilai Soundarajan, 37, Mr Subrayan Renga Rayar, 26, Mr Santhana Pitchai Amirtham, 28, and Mr Arumugam Mahadevan, 20 who died this Monday.
The ashes of Mr Chinnapilai Soundarajan,, Mr Subrayan Renga Rayar and Mr Santhana Pitchai Amirtham have already flown back to their hometownns while
Mr Arumugam Mahadevan's ashes are scheduled to be flown home to Chennai, India tomorrow.
Four people have died in this industrial acident, making it the worst industrial accident since 2004.


Mar 3, 2009

Straits Times article for LA

I think that Ms Oh is very reseliant. Her disability has made her a target for cruel jokes and taunts yet she perserveres throughout and she tries her very best at every thing. She has cerebral palsy, yet she managed to scale Mount Kinabalu and that is a feat for a normal person and even more so for a person with ceberal palsy like Ms Oh.
She even managed to write a inspirating book-"Scaling Walls"based on her experiances and what she learnt from her life. Together with a group of motely but loyal friends who got ten thousand dollars to start up Siew May and friends and publish the heartwarming book.
She has also overcame many obsticles to make it to this very day including her mentally impaired sister, and frail mother. She does not complain about it, but works hard daily to support them.
She said: 'If you think you are useless, you are useless'. I think this is very true as perception is the key to a lot of things. If you keep thinking "I cannot make it", you will not make it. This is the power of the mind and how a negative mindset can cause problems. A positive mindset will allow you to surpass a person with the same IQ and EQ but has a negative mindset.
She also said:"Being disabled doesn't mean unable". This is very true and she herself is a living example of that.
Her book tell you all about these in a greater detail. It can be borrowed at th Jurong regional Liabrary