Asian Studies Commons^™

Improving Housing Status Quo, Sock Yong Phang, David K. C. Lee

Research Collection Lee Kong Chian School Of Business

On home ownership and upgrading, PM Lee Hsien Loong has reaffirmed the Government's objective to make home ownership more affordable for all first-time buyers, especially low-income earners, through increasing the amounts of targeted housing grant subsidies. He spelt out the desired outcomes of housing affordability policy through his detailed matching of Housing Board flat type with household incomes.

Why Do Similar Provinces Approach Development Differently? An Approach To Understanding Central-Local Relations In China, John A. Donaldson

Research Collection School of Social Sciences

As China decentralized in the 1980s, many provinces received the latitude to implement their own strategies and approaches to economic development. Not surprisingly, such strategies varied regionally as provinces with different levels of wealth and resources implemented different approaches to achieving economic development. Yet, some of these examples are quite puzzling, with provinces that share many similarities implementing markedly different strategies. Moreover, some provinces not only implemented different approaches to economic development, but adopted entirely different goals – interpreting the very definition of economic development differently. To explain these differences, China scholars have focused on different factors, including constraints and …

"Smuggled Refugees": The Social Construction Of North Korean Migration, Jiyoung Song

Research Collection School of Social Sciences

In this paper, I demonstrate the identity transformation of North Korean women in interaction with state and non-state actors and domestic and regional structures, which I formulate for the purposes of this paper. From a state-centric social constructivist perspective in politics and international relations, I examine how the identities and interests of North Korean women are constituted and reconstituted in the Democratic People's Republic of Korea, the People's Republic of China and five South-East Asian countries along their migration routes before they reach the Republic of Korea – the so-called “Seoul Train in the Underground Railway”. Back in their country …

Housing Policies In Singapore: Evaluation Of Recent Proposals And Recommendations For Reform, Sock Yong Phang, David Kuo Chuen Lee, Alan Cheong, Kok Fai Phoon, Karol Wee

Research Collection School Of Economics

The Singapore housing market is unusual in its high homeownership rate, the dominance of HDB housing, and the extensive intervention of the government in regulating housing supply and demand in both the HDB and private housing sectors. Recent rapid population increases in a low interest rate and high global liquidity environment has resulted in accelerated house prices increases in Singapore. Earlier this year, the government launched “Our Singapore Conversation” of which discussion on housing policies constitutes one major component. This “conversation” comes in the wake of several consecutive rounds of measures to stabilize housing prices using various instruments. This paper …

At The Threshold Of A New Singapore, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

In a commentary, SMU Associate Professor of Law and NMP Eugene Tan shared his views on Prime Minister Lee Hsien Loong's National Day Rally Speech. He noted that PM Lee had outlined a vision for Singapore that epitomised opportunity, hope, fairness and social solidarity. This, marked a new direction in governance, and would form the basis of a strategic reconceptualisation of Singapore's future and how we would get there. Associate Prof Tan noted that with the call for a fundamental relook of policies, Singapore Inc's hedonistic treadmill, with its emphasis on economic values, affluence and consumption, must now compete for …

Political Connection And Firm Value, James S. Ang, David K. Ding, Tiong Yang Thong

Research Collection Lee Kong Chian School Of Business

We study the effect of political connection (PC) on company value in an environment where low PC is due to better institutions and not confounded by favorable social/cultural factors. We find that in Singapore, the only country that fits this description, PC in general adds little to the value of a company. However, in industries that are subject to more stringent government regulations, PC appears to be somewhat important. Robustness checks show that alternative PC variables give rise to similar results, and the addition of control variables do not drastically change the findings. Politically connected firms have higher managerial ownership …

Liquidity And Crises In Asian Equity Markets, Charlie Charoenwong, David K. Ding, Yung Chiang Yang

Research Collection Lee Kong Chian School Of Business

This article presents a discussion of stock market liquidity and its relation to financial crises. It begins by defining liquidity and explaining possible measures of liquidity and then explores factors influencing liquidity. It also analyzes the liquidity among 11 Asian countries. The empirical findings based on the time-series analysis show a sharp decline in stock liquidity during both the 1997-1998 Asian and the recent 2007-2008 global financial crisis. The multivariate regression results show that both stock liquidity and trading activity decrease after large market declines. Stock liquidity responds significantly to large market declines in South Korea and Taiwan whereas it …

What Kind Of Asian Are You?, Uyen T. Le

SURGE

You don’t know anything about me. You’ve never been to my country; you don’t know my native language; you may not even be able to locate Vietnam on a map.

And that’s ok. What matters isn’t that you already know about my country and my culture. What matters is your attitude toward learning about it. [excerpt]

Comments On The Setting Up And The Growth Of Smu By Mr Heng Swee Keat, Minister For Education At Smu Commencement Ceremony 2013, Swee Keat Heng

Oral History Collection

Transcript of speech by Mr Heng Swee Keat, Minister for Education at SMU Commencement Ceremony on Wednesday, 25 July 2013, 9am at Resorts World Sentosa. He was involved in the setting up of SMU and talked about the growth, the daring, and the sharing by SMU and its students.

Dark, Semi-Sweet And Full-Bodied, Singapore Management University

Perspectives@SMU

Cadbury grows up in India

Nursing Homes: Insure To Ensure Quality Care, Singapore Management University

Perspectives@SMU

Women are more likely to need nursing care, but few – men or women – can afford it in old age

Chinese Cinema's Role In Moulding Chinese Culture, Singapore Management University

Perspectives@SMU

Mainland China may be an economic force, but its soft power is still lacking

Balinese Elementary Schools, Jane A. Best

Bali Soundscapes Essays

Kerambitan’s elementary school houses approximately 100 students. These students, from first to sixth grade, attend class six days a week from 8 AM until noon (the afternoon heat is too strong). Like in many American elementary schools, the teachers on this level teach all core subjects; in Indonesia these subjects are math, reading, culture, and social studies. Subjects are highly standardized on a national level; students in Bali are learning the same things as students in Java or any of the other islands. The exception to this rule is the culture class; here students learn about Balinese culture, arts, and …

Balinese Temples, Samantha F. Moroney

Bali Soundscapes Essays

There is a temple; the name is Pura Dalem. It is the Kerambitan Temple by the post office. The name of the god there is Dewi Durga. Dewi Durga is like a body guard, and protects all of Kerambitan. [excerpt]

Bathhouses In Banjarwani, Arielle B. Goellner

Bali Soundscapes Essays

There are two bath houses in Banjarwani, the Beji luk-luk and the Beji Kedampal luk-luk. The particular bathhouse that will be discussed will be Beji luk-luk.

In Our Village, Carolyn T. Mako

Bali Soundscapes Essays

While in the village of Banjar Wani I had the opportunity to meet Kedek and his father Pak Sura. They took me into their home and showed me what an average Balinese house for someone in the Sudra caste looks like. The Sudra is considered to be the lowest classification in the Hindu Caste system. People classified as a Sudra are typically farmers and Pak Sura owns a rice patty. I asked Kedek to show me into his house and below is a drawing of an overview of the house. Kedek walked me into the house through the gate that …

High School In Bali, Samantha R. Eck

Bali Soundscapes Essays

In the Indonesian education system, high school is comprised of 10^th, 11^th, and 12^th grades. In their first year of high school, a Balinese student’s curriculum might look very similar to an American student’s. At this point in their education, the Balinese are still following the national general curriculum, studying mathematics, science, language, and history. During the eleventh and twelfth years of school the Balinese school structure diverges from the American system. Indonesian students must choose one of three areas of study on which to focus for the last two years of high school, a …

Balinese Family: "Keluarga", Rachel M. Grande

Bali Soundscapes Essays

In Balinese, this word means “family.” In Banjar Wani this word means “everyone,” because everyone feels like family. [excerpt]

The State-Enterprise Experience In The Gcc: Whither Singapore Inc.?, Wilfred How, Caroline Yeoh

Research Collection Lee Kong Chian School Of Business

The city-state of Singapore's roadmap for internationalization of local companies into the GCC region has, arguably, made its mark; recently crossing the milestone of 100 local companies that have, to date, found business opportunities in this foreign and exotic land. Actually taking these opportunities, however, has proven more complicated, with cultural differences and highly dynamic local business environments posing unforeseen challenges to Singapore companies – producing a test of adaptability that has returned rather mixed results. Of particular interest are government-linked companies (GLCs), among the largest and the first of Singapore's entrants into the region; perceived as more structurally rigid, …

The Singapore Experience In The Gcc: Notes From Singapore Inc, Caroline Yeoh, Wilfred Pow Ngee How

Research Collection Lee Kong Chian School Of Business

The city-state of Singapore's roadmap for internationalization of local companies into the GCC region has, arguably, made its mark; recently crossing the milestone of 100 local companies that have, to date, found business opportunities in this foreign and exotic land. Actually taking these opportunities, however, has proven more complicated, with cultural differences and highly dynamic local business environments posing unforeseen challenges to Singapore companies – producing a test of adaptability that has returned rather mixed results. Of particular interest are government-linked companies (GLCs), among the largest and the first of Singapore's entrants into the region; perceived as more structurally rigid, …