Global smartphone market share

Global smartphone market share

Android 48%
iOS 19%
Symbian 17%
Rimm 11%
MSFT 2.4%

NBA vs CBA

Chinese CBA player earns 300-500k yuan or 50-80k USD

Top players earn 1 mn yuan

But NBA average salary 5 mn USD

ASEAN trade

Only 25% of export and import are within ASEAN

Asia PE and EV/EBITDA range

From 2001 to 2010
Asia Shiller PE range 10-15x (Peak 18x in 2007)
EV/EBITDA range 5.5-9x (Peak 12x in 2007)

Asia dividends

US$36bn paid in 2002
US$147bn paid in 2010

Manufacturing as % of Economy

2008

China 33%
Korea 25%
Singapore 25%
Japan 22%
Germany 22%
Italy 18%
Brazil 15%
US 13%
UK 13%
France 5%

Indonesia millionaires and Singapore

There are 60,000 millionaires in Indonesia and the total wealth in the
country stood at $1.8 trillion in 2010, according to Credit Suisse Global
Wealth report released last year.

Indonesia's average wealth per adult has increased the fastest in the
Asia-Pacific region since 2000, growing fivefold to $12,112, according to the
report.

Nuclear

440 reactors in operation
61 under construction
158 planned
326 proposed

Custodian Banks (old)

Bank of New York Mellon, world's largest custodian bank
USD 21trn AUM, 20% of all securities held worldwide

State Street Bank, 2nd largest custodian bank
USD 15trn AUM, 15% of all securities held worldwide

US Share Buyback

2010 share Buyback $174 bn

Cash level $1,081 bn

S&P500 dividend roughly $40bn in 2010

Libya

Gadhafi killed 200,000 Libyans or 5% of population over his rule of 42 yrs.

Estimated to have killed more Americans other than Osama.

Ultimate responsibility for Pam Am 103 bombing: death of 270 innocent civilians.

Rent for expats comparison

Tokyo US$4352
Moscow US$3500
Hong Kong US$2830
London US$2824
Singapore YS$2810

Two bedroom apartment
Roughly 80sqm

By ECA International

Chinese corruption

147,000 officials punished for corruption in 2007.

Of which 3-4 were part of 370 leading officials of the country

Casino Levy in Singapore

Govt collected $130mn in levy for first 9 mths
ie 3,500 Singaporeans visit the casinos every day

Levy at $100 bcos it makes it more expensive than to travel to Batam

Genting does not allow Muslims to go
Korea has 14 casinos but only 1 for locals

POSCO

POSCO USD 12bn plant in India being blocked by India's environmental ministry.
It will be the biggest FDI in India if it is successful.
India despite having a poor record on environment, block a potentially good FDI bcos of politics.
At the same time hurting the development of the country.

Taxi booking

24mn taxi booking in 2010
913,000 trips made per day
7% of all trips are taxi booking

But we all know taxi booking is a stupid system
Forces the passenger to book and pay up

25,000 taxis in Singapore
Each taxi on average make 37 trips per day

Say average trip is $10
Each taxi makes $370
Each driver makes $185
Petrol and rental $65
ie driver makes $120 per day
or $3,600 per month

US Debt

Interest payment to federal revenue
2010 8.6%
2020 17.6%
All else equal

Rating
2020 A
2025 BBB
2035 Junk

Singapore F1 stats

Attendance
2008 Total 100,000 Foreigners 50,000
2009 Total 70,000 Foreigners 20,000
2010 Total 80,000 Foreigners 40,000

Tourism Receipts
2008 S$180mn
2009 S$90mn
2010 S$93mn

Cost of F1 S$150mn per year
60% of bill foot by Sg Govt
40% by Ong Beng Seng
But 70% of revenue goes to OBS

ie "losses" for Sg Govt S$60mn per year
ie about S$2.5 per user to get 150mn F1 TV viewers globally to see Singapore

Should F1 continue after 2014, terms with OBS have to be revised.