Malaysia is more generous than SG to medallist

lionnoisy SG

Malaysia is more generous to Medal winner.

Malyasia silver medallist now is rewarded

TOTAL:RM 1,040,000 or S$ 433,000--read below for details.

vs Singapore Silver medal cash reward S$500,000,

(just 15% higher than MY's reward).

http://www.snoc.org.sg/files/mapaward.pdf

If u compare the GDP per capita of SG is 3.7 time (US$49,700 at PPP)

of Malaysia(US$13,300 at PPP),the SG reward is low compared

with MY's reward.

Treat the reward as buying advertisement time for Singapore

u can give me a long list of why we need to promote sports,

like promoting Fight to Win spirit,We can do it spirit ...

Enhance this or that spirit

I have another version from marketing point of view.

How many audiences and readers of the Game live boardcast

and news reports?

Do u know how much u have to pay to reach so many of them

for ten seconds in TV, say 500 million people?

The table tennis game is most worth the reward,

occuping much longer time than other sports,

except footballs ,basketball,beach balls etc!!

Millions of people alreday listen and read Singapore in the

Women Table Tennis Team Game.

These few days they will listen and read Singapore for

few hours lah.

Today 3 ,6 ,9 pm .SG will fight again for Single medals!!

http://results.beijing2008.cn/WRM/ENG/INF/TT/C75A/TTW001000.shtml#TTW001613

The Million Dollar Programe worth every single cent.

USA get 300 million people or 65 times of Singapore.

She still need FT.3 out of 4 Women Table Tennis team players

came from PRC.u are welcome to change if u rule SG.

http://results.beijing2008.cn/WRM/ENG/BIO/Team/9990272.shtml

Malaysia is more generous

MY's Lee Chong Wei---Badminton Silver medallist 2008

http://results.beijing2008.cn/WRM/ENG/INF/BD/C73/BDM001101.shtml#BDM001101

LEE Chong Wei ( Malaysia MAS)

will get Cash reward RM 300,000

and life pension monthly RM 3,000 .

If u calculate the present value, it is a big lump sum!!

Strait times 20.08.2008.page B14.

I dunt know if the payment will peg with inflation ,civil servant pay etc.

his bio

http://results.beijing2008.cn/WRM/ENG/BIO/Athlete/5/239435.shtml

born 1982

say life expectancy say 70 ---www.cia.gov

https://www.cia.gov/library/publications/the-world-factbook/geos/my.html

present value say 4%,annual per annum.see below .inflation below 3%.

The total of present value of his monthly pension of RM 3000,

make it annual payment of RM 36,000 paid in the middle of the year,

for 44 years at 4 % discounted rate.

factor 36,000 x 20.55= RM 739,000.Exchange rate 2.36,say 2.4

make it smaller to a SG dollar sum.

say RM 740,000,say S$308,000(present value of

monthly pension RM 3,000 for 44 years)

plus cash reward RM 300,000.

TOTAL:RM 1,040,000 or S$ 433,000

vs Singapore Silver cash reward S$500,000,(15% higher than MY's reward).

If u compare the GDP per capita of SG is 3.7 time (US$49,700 at PPP)

of Malaysia(US$13,300 at PPP),the SG amount is low compared

with MY's reward.

http://www.uic.edu/classes/actg/actg500/pfvatutor.htm

Present Amount of Ordinary Annuity Payment Amount $
Interest Rate % Number of Payments Present Value Factor Present Value of Annuity $

2.1% MY infaltion
note: approximately 30% of goods are price-controlled (2007 est.)

see cia.gov.sg

the higher the discount present value rate,the lower the lump sum.

@@@@@@@@@@@

U can critize any policy.But can u give a BETTER option,

if u can rule us?

Any policy can be bad or good policy,depending on where

u stand!!

But u are not looking for neither.

U shall looking for BEST policy,stupid!!

oldbreadstinks SG

eh? i thought you're pro PAP?

maurizio13 SG

eh? i thought you're pro PAP?

Maybe he is trying to say that Malaysia pays more to their athletes, then where the money come from. Taxpayers money? Then these taxpayers money end up in foreign talents hand.

Most of the time I have problems what he is trying to say, maybe it's just me.

Rock^Star SG

What's a pension? Something which one receives during retirement and more often than not, it comes when a person is past 50.

I think lionoisy is misleading here with his set of calcualtions and conclusions.

Dezhou SG

Most of the time I have problems what he is trying to say, maybe it's just me.

Not just you. I find it hard to understand what he is trying to convey lol. Some of the sentance structure doesn't makes sense to me

deathmaster SG

Malaysia is more generous to Medal winner.

Malyasia silver medallist now is rewarded

TOTAL:RM 1,040,000 or S$ 433,000--read below for details.

vs Singapore Silver medal cash reward S$500,000,

(just 15% higher than MY's reward).

http://www.snoc.org.sg/files/mapaward.pdf

If u compare the GDP per capita of SG is 3.7 time (US$49,700 at PPP)

of Malaysia(US$13,300 at PPP),the SG reward is low compared

with MY's reward.

Treat the reward as buying advertisement time for Singapore

u can give me a long list of why we need to promote sports,

like promoting Fight to Win spirit,We can do it spirit ...

Enhance this or that spirit

I have another version from marketing point of view.

How many audiences and readers of the Game live boardcast

and news reports?

Do u know how much u have to pay to reach so many of them

for ten seconds in TV, say 500 million people?

The table tennis game is most worth the reward,

occuping much longer time than other sports,

except footballs ,basketball,beach balls etc!!

Millions of people alreday listen and read Singapore in the

Women Table Tennis Team Game.

These few days they will listen and read Singapore for

few hours lah.

Today 3 ,6 ,9 pm .SG will fight again for Single medals!!

http://results.beijing2008.cn/WRM/ENG/INF/TT/C75A/TTW001000.shtml#TTW001613

The Million Dollar Programe worth every single cent.

USA get 300 million people or 65 times of Singapore.

She still need FT.3 out of 4 Women Table Tennis team players

came from PRC.u are welcome to change if u rule SG.

http://results.beijing2008.cn/WRM/ENG/BIO/Team/9990272.shtml

Malaysia is more generous

MY's Lee Chong Wei---Badminton Silver medallist 2008

http://results.beijing2008.cn/WRM/ENG/INF/BD/C73/BDM001101.shtml#BDM001101

LEE Chong Wei ( Malaysia MAS)

will get Cash reward RM 300,000

and life pension monthly RM 3,000 .

If u calculate the present value, it is a big lump sum!!

Strait times 20.08.2008.page B14.

I dunt know if the payment will peg with inflation ,civil servant pay etc.

his bio

http://results.beijing2008.cn/WRM/ENG/BIO/Athlete/5/239435.shtml

born 1982

say life expectancy say 70 ---www.cia.gov

https://www.cia.gov/library/publications/the-world-factbook/geos/my.html

present value say 4%,annual per annum.see below .inflation below 3%.

The total of present value of his monthly pension of RM 3000,

make it annual payment of RM 36,000 paid in the middle of the year,

for 44 years at 4 % discounted rate.

factor 36,000 x 20.55= RM 739,000.Exchange rate 2.36,say 2.4

make it smaller to a SG dollar sum.

say RM 740,000,say S$308,000(present value of

monthly pension RM 3,000 for 44 years)

plus cash reward RM 300,000.

TOTAL:RM 1,040,000 or S$ 433,000

vs Singapore Silver cash reward S$500,000,(15% higher than MY's reward).

If u compare the GDP per capita of SG is 3.7 time (US$49,700 at PPP)

of Malaysia(US$13,300 at PPP),the SG amount is low compared

with MY's reward.

http://www.uic.edu/classes/actg/actg500/pfvatutor.htm

Present Amount of Ordinary Annuity Payment Amount $
Interest Rate % Number of Payments Present Value Factor Present Value of Annuity $

2.1% MY infaltion
note: approximately 30% of goods are price-controlled (2007 est.)

see cia.gov.sg

the higher the discount present value rate,the lower the lump sum.

@@@@@@@@@@@

U can critize any policy.But can u give a BETTER option,

if u can rule us?

Any policy can be bad or good policy,depending on where

u stand!!

But u are not looking for neither.

U shall looking for BEST policy,stupid!!

actually its $750,000. they upped the prize money. olympic gold is now $1.5million, instead of 1 million.

gigabyte14 SG

get a life la

also not you get money, complain for fuck

tanoshi_666 SG

when we pay little prize money people complain we pay too little, when we increase the prize money people complain y increase and waste tax payers money.

rain-coat SG

so you want to go malaysia and play sports for them?

dragg SG

they can afford to be more generous. they dont import.

redDUST SG

they can afford to be more generous. they dont import.

well said. pay also `song'.

btw, jiawei hinted she's pretty much done playing table tennis at the top level. i think after this olympic, she will start to wind down.

maybe money enuf liao.

April Shower SG

no no, she ran out of excuses if she lose to another lower ranking player again. Also I think that is as far as she can go in this sport. Not steady lah during major matches. tiam tiam su.

gigabyte14 SG

well said. pay also `song'.

btw, jiawei hinted she's pretty much done playing table tennis at the top level. i think after this olympic, she will start to wind down.

maybe money enuf liao.

i think its some crap twisted thinking of hers to make the government pay her more to 'stay'

if ya know what i mean

redDUST SG

i think its some crap twisted thinking of hers to make the government pay her more to 'stay'

if ya know what i mean

yup, you play your cards right when u r on top.

singapore is like `shiok' now after having tasted the previously unreachable fruit. now, certainly can (willingly) pay more.

Short Ninja SG

They stick to the slogan even when it comes to $$$ 'Malaysia Boleh'

Spoffy83 SG

I'm not sure if that kind of reward would be what Singapore should do. I think giving him a lump sum of RM300000 is great, for what he has achieved, but I am not sure abt the RM3000 monthly life pension.

Imagine that, having 3000 a month for the rest of your life EVEN if you spend it all doing nothing. If Lee Chong Wei puts down his racket, and sits at home for the rest of his life hes still going to get 3k a month. Do you know how many Malaysians are struggling even to make that amount?

Reward is great, but I just don't agree with the Msian government way of giving people entitlements and benefits just like that. Maybe they are just using Lee as an example to sway the voters ahead of the by election, to show that they are good to Chinese as well.

DTSY SG

I totally agree with spoffy83. the lowering or petrol and diesel. I expect more actually from msia government. The police even have road blocks along major routes which I dun know wat they are blocking for? Some of my friends said maybe the government is preventing pple to vote on the 26th by election!! Well, Lee chong wei really makes the chinese msian proud.