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It does get worse

Despite the mainstream media’s spin, chances are that things will get worse. TOC Editorial.

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Despite the mainstream media’s spin, chances are that things will get worse

The advance estimates of GDP figures released by the government on 14th April underscored the deteriorating economic situation in Singapore.  The government had to revise – for the third time – its figures after the economy suffered its largest ever quarterly contraction: it now expects the economy to shrink by 6%-9%, a significant change from its previous estimate of 2%-5%.

Despite these bleak figures opinions are still divided about the severity of the economic outlook.  The Today paper carried an article highlighting this, though the analysts whom the paper interviewed seemed to think that the government was taking an overly-bearish view out of caution, particularly since it fallen on its face after sound too bullish a few months ago.  The Straits Times was more optimistic, saying that the situation is “not as bad as it looks” as the worst months were January and February and the economy had showed signs of improvement in March.

The mainstream media appears to be doing its best to put a positive spin on the situation.  That is understandable, since the government probably realises the importance of keeping up ‘animal spirits’.  Nevertheless, such optimism should not be overstated, as there are reasons to believe that the worst might still be ahead.

One factor is the crashing housing market, where the bulk of household wealth is concentrated.  The Economist magazine estimated on 19th March that house prices fell by 4.7% in the first quarter of 2009 after robust growth in the last quarter of 2008; for the first time in two years, HDB’s resale price index has gone into reverse.  A report by PropertyWire on 11th April estimated that repossession of properties has increased by 18% in the same period, a number that is thought will continue to rise through 2010.  The southbound property market is likely to cause the bad loans held by local banks to spike; it might also make it more difficult for households to sell their homes to raise liquidity.

Tourism, a big component of the economy, is in the woods as well, with tourist arrivals down 15% in February over the previous year, and is likely to worsen.  The so-called upturn in exports in March cited by the Straits Times in its report has to be qualified: despite this increase the government actually lowered its overall forecast for non-oil domestic exports the year, expecting it to shrink between 10%-13%. 

There are few signs that the vital manufacturing sector, so dependent on exports, has turned the corner: consumer spending in the US is likely to be depressed for a long while – retail sales in the US fell in March – as households are heavily indebted and the housing market remains weak; China recorded a slow 6.1% for the first quarter of 2009 – the lowest rate since 1992 – though given the notorious unreliability of official statistics, this might even be an overstatement.

The upshot is that the effect on ordinary folk could worsen.  Retrenchments and redundancies in the last quarter of 2008 nearly quadrupled over the preceding one according to government statistics, and it is likely that these have not abated.  Despite the media focus on so-called PMETs (professionals, managers, executives and technicians) losing their jobs, statistics show that the proportion of retrenchments is still weighted in the direction of lower wage workers.  And in spite of the government’s constant admonishment that Singaporeans were being choosy about jobs, the huge crowds at recruitment fairs give a hint that the demand for work might be exceeding supply.

Even so, there are signs that the government feels that it has done enough: just last week, the prime minister announced that no new fiscal measures were necessary; two days ago, the central bank gave a half-hearted push towards easing monetary policy.  Economists have usually argued that it is better to over-do fiscal stimulus than to under-reach – the government’s caution may yet result in the economy undergoing far more painful times before it recovers.

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Indonesia

Miss Universe cuts ties with Indonesia chapter after harassment allegations

The Miss Universe Organization severs ties with Indonesia franchise due to harassment claims. Malaysia edition canceled.

Women allege body checks before pageant. Investigation launched. Safety prioritized.

Indonesia winner to compete in November finale. Height requirement controversy.

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WASHINGTON, UNITED STATES — The Miss Universe Organization has cut ties with its Indonesia franchise, it announced days after allegations of sexual harassment, and will cancel an upcoming Malaysia edition.

In the complaint, more than a half dozen women said all 30 finalists for Miss Universe Indonesia were unexpectedly asked to strip for a supposed body check for scars and cellulite two days before the pageant’s crowning ceremony in Jakarta.

Their lawyer said Tuesday that five of the women had their pictures taken.

“In light of what we have learned took place at Miss Universe Indonesia, it has become clear that this franchise has not lived up to our brand standards, ethics, or expectations,” the US-based Miss Universe Organization posted Saturday night on social media site X, formerly known as Twitter.

It said that it had “decided to terminate the relationship with its current franchise in Indonesia, PT Capella Swastika Karya, and its National Director, Poppy Capella.”

It thanked the contestants for their bravery in coming forward and added that “providing a safe place for women” was the organization’s priority.

Jakarta police spokesman Trunoyudo Wisnu Andiko said Tuesday that an investigation into the women’s complaint has been launched.

The Indonesia franchise also holds the license for Miss Universe Malaysia, where there will no longer be a competition this year, according to the New York-based parent organizer.

In a lengthy statement posted to Instagram, Indonesia franchise director Capella denied involvement in any body checks.

“I, as the National Director and as the owner of the Miss Universe Indonesia license, was not involved at all and have never known, ordered, requested or allowed anyone who played a role and participated in the process of organizing Miss Universe Indonesia 2023 to commit violence or sexual harassment through body checking,” she wrote.

She added that she is against “any form of violence or sexual harassment.”

The Jakarta competition was held from 29 July to 3 August to choose Indonesia’s representative to the 2023 Miss Universe contest, and was won by Fabienne Nicole Groeneveld.

Miss Universe said it would make arrangements for her to compete in the finale, scheduled for November in El Salvador.

This year’s Indonesia pageant also came under fire for announcing a “significant change in this (year’s) competition guidelines” with the elimination of its minimum height requirement after it had crowned a winner.

In its statement, the Miss Universe Organization said it wanted to “make it extremely clear that there are no measurements such as height, weight, or body dimensions required to join a Miss Universe pageant worldwide.”

— AFP

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Malaysia

A Perodua service centre in Kuantan, Malaysia went viral for its strict dress code, Perodua responds

A dress code for vehicle servicing? A Malaysian car brand’s service centre dress code signage has puzzled netizens, raising queries about the need for attire rules during a routine service.

The manufacturer responded with an official statement after a flurry of comments, seeking to clarify and apologize.

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MALAYSIA: A dress code signage positioned at a service centre belonging to a prominent Malaysian car brand has sparked bewilderment among Malaysian netizens, who question the necessity of adhering to attire guidelines for a simple vehicle servicing.

The signage explicitly delineates clothing items that are deemed unsuitable, including sleeveless tops, short skirts, abbreviated pants, and distressed jeans.

The car manufacturer swiftly found itself flooded with comments from both inquisitive and irked Malaysian netizens. This surge in online activity prompted the company to issue an official statement aimed at clarifying the situation and extending an apology.

In a post that gained significant traction on the social media platform, politician Quek Tai Seong of Pahang State, Malaysia, shared an image to Facebook on Monday (7 Aug).

The image showcased a dress code sign prominently displayed at a Perodua Service Centre in Kuantan. Within the post, Quek posed the question: “Is this dress code applicable nationwide, or is it specific to this branch?”

The signage reads, “All customers dealing with Perodua Service Kuantan 1, Semambu, are requested to dress modestly and appropriately.”

Adding visual clarity to these guidelines, the sign features illustrative graphics that explicitly outline clothing items deemed unacceptable, including sleeveless tops, short skirts, short pants, and ripped jeans.

Delineating the specifics of the dress code, the signage stipulates that male visitors are expected to don shirts accompanied by neckties, opt for long pants, and wear closed shoes.

Conversely, female visitors are advised to don long-sleeved shirts, full-length skirts, and closed-toe footwear.

Perodua’s dress code sparks online uproar

Following the rapid spread of the post, Perodua’s official Facebook page found itself inundated with comments from both intrigued and frustrated Malaysian netizens, all seeking clarifications about the newly surfaced dress code policy.

Amidst the flurry of comments, numerous incensed netizens posed pointed questions such as, “What is the rationale behind the introduction of such regulations by the management? We demand an explanation.”

Another netizen expressed their dissatisfaction, arguing against the necessity of the rule and urging Perodua to take inspiration from the practices of other 4S (Sales, Service, Spare Parts, and Survey) automotive dealerships.

A concerned Facebook user chimed in, advocating for a more lenient stance, asserting that attempting to dictate customers’ clothing choices might not be in the company’s best interest.

Someone also commented in an angry tone, “Oi what is this? Going there for car service, not interview or working, right.”

As the discourse unfolded, it became evident that while some inquiries carried genuine weight, others chose to inject humor into the situation, playfully remarking, “If I wanted to buy a Myvi, I should buy or rent a formal attire first.”

“I sell economy rice at a hawker centre, I have never worn a long sleeve shirt and a tie… I guess I will not buy a Perodua car then.”

“I guess they will not serve those who wear short pants.”

Perodua addresses dress code controversy

As reported by Chinese media outlet Sin Chew Daily News, the manager of Kuantan’s Perodua Service Centre had acknowledged that the images on the dress code signage were misleading.

In response, the manager divulged that discussions had transpired with the head office, leading to the prompt removal of the signage to prevent any further misconceptions.

The manager clarifies, “We do encourage visitors to adhere to the dress etiquette, but we won’t go to the extent of restricting their choice of attire.”

He also revealed that currently, no complaints have been directly received from the public.

However, feedback from certain customers was relayed through Perodua’s agents.

Perodua also released an official statement by chief operating officer JK Rozman Jaffar on Wednesday (9 Aug) regarding the dress code on their official Facebook page.

The statement stated the dress code etiquette is not aligned with their official guidelines and they are currently conducting an official investigation on the matter followed by corrective measures to avoid the same incident from happening.

Perodua also extends its apologies for any inconvenience caused.

 

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