Many small businesses are not taking advantage of the Productivity and Improvement Credit scheme to use computer software and to buy computer, IT and innovation equipment and for staff training. They can claim 60% cash from the Government or 400% tax credit. Details here http://www.ir...
There was this robbery in Guangzhou, the robber shouted to everyone: "All don't move, money belongs to the state, life belongs to you". Everyone in the bank laid down quietly. This is called "Mind Changing Concept --> Changing the conventional way of thinking". One lady lay on the tab...
I watch a CNBC broadcast of a town hall meeting with US Treasury Secretary Geithner. He answered many difficult questions posed by the American people regarding the economy, banking crisis and other issues. I was impressed with the manner in which he answered the questions. More impor...
Property in Johore My friend, who is a Malaysian PR, brought me to see a few condos in Iskandar. Most of them are being sold at M$500 (S$200) psf, are freehol... The Gold Guarantee Mr. Tan t is Sunday Times feature of the founder of T he founder of Gold Guarantee. Just proves one more...
You have printed three letters on 19 March regarding credit card surcharge, "Cab firm right to take a stand", "Enforce fair trade practices", and "Budget carriers profiteering via convenience fees". They continue arguments on the party that should bear the credit card fees. I like to ...
There is a substantial increase of 40% in premium with additional coverage though CPF indicated only increase of $10 in premium for CPF integrated medilsheild. It translated to 40% increase of about $400 for my policy. I am not interested to have the additional coverage but would want...
t is Sunday Times feature of the founder of T he founder of Gold Guarantee. Just proves one more what poor disservice The Straits Times does to the public in advertising examples of fake successes bordering on fraud. The Straits Times Jan 15, 2012 He plans to give millions to charity ...
I wish to seek your advice on the MyRetirement policy by Aviva being sold in DBS. My wife and i are actively searching for places to grow our nest egg in order to retire comfortably. We were enticed into the DBS branch at IMM and it seem a deal too good to be true. It is a "8-pay" end...
Someone asked, "Being denied of the chance to further your studies in Singapore with no reasons given, do you think local students will feel attached to their homeland? This is no longer the Singapore they know and love anymore." Here is my reply. 1. I observe that many students who s...
21 January 2013 (not published) Editor, Forum Page Straits Times I applied to Standard & Chartered Bank to have my credit card bills paid by GIRO from my DBS Account. SCB required me to submit an authorization form. On receiving it, they told me that it would take 4 to 6 weeks for the...
Many new condos are still being sold at new property launches, and the prices are way above their actual price. The buyers were told that they are getting a discount and bought thinking that they got a good deal. The discount is false, as the prices have been marked up way above the a...
I am speaking from my personal experience at IMM Gain City. On 24 Dec 2012, I went there to place an order for system 3 non-inverter air-con. After getting some quotes, I then decided to place an order for Brand A. However, I was persuaded to purchase Brand B instead. This salesman to...
Will Singapore properties be sheltered from the gl... Bad experience with Standard Chartered Bank Potential traps at ATM Ideas on taxation Share a Taxi When will property burst? Unauthorized modification to vehicles Full time MP Review restrictions on campaign activities Be careful ab...
"Lending" or "Borrowing" whatever, Govt has always resort to twisting around with words to cover their mis-steps or incompetence. They think the National Wallet is their own wallet, to be opened at will without regards to the Constitution, which drafted by them, is their puppet to be ...
I was reading up on the recent AHTC saga with AIM and I came across your blog posting. In your blog, you came across as intelligent, mature in thinking and non-partisan. I must say that I was very surprised as this is very different from the way you were portrayed by the main stream m...
It is much easier for me if they sent the reply directly to my e-mail address or use the OneInBox that was announced two years ago and still not implemented yet. It is a simple system, but is taking ages to implement. Singapore has become quite inefficient.
The Ministry of Health is embarking on a major review in 2013 to ensure that public health care remains accessible and affordable to Singaporeans. I hope that the review should involve all sectors of our society in the spirit of the "National Conversation". Our current system of payin...
There is only the ABF Singapore Bond ETF, which is to my knowledge the only passively-managed bond fund in this country. However, the ETF suffers from problems like liquidity, large bid-ask spread and trading prices not tracking its NAV properly. It behaves more like a stock than a bo...
I agree that there are peoples who use "forex training" to trick people. But please do not make FOREX=SCAM. In fact, i am making consistent profit using forex trading. I did it by self learning, i took 3 years to learn before i trade real money. I do my homework! Those people who "los...
78 million cheques are cleared through the banking system in Singapore a year. This works out to an average of 18 cheques per person. This number must be higher than most other countries in the world. With the availability of electronic payments, there is no need for so many cheques t...
Rotten apples exist in all societies, but people here are mostly civilized, friendly and accommodating. The minority who vent their anger at immigrants, are actually those displaced by newcomers who are younger and cheaper to employ, problem compounded with change in Govt policy that ...
Dissatisfaction of Chinese Nationals working in Singapore has been known some time already, even Mouthpiece had reported that weighing the high costs of living for the so called higher wages is almost comparable what they get back in China. First, the skilled China workers and FTs hav...
Mr. Noel Low said that the tinted windows in buses make it difficult for commuters to ascertain their locations on overcast days and at night (Problems posed by tinted bus windows, ST 14 Nov). I agree with his suggestions that the bus should contain a digital display to show the locat...
A prudent taxi driver I asked a taxi driver, who is in his 50s, if he has fully paid up his HDB flat. He shared his personal experience. He bought a 3 room HDB... Property in Johore My friend, who is a Malaysian PR, brought me to see a few condos in Iskandar. Most of them are being so...
So when Income chooses to unilaterally terminate (retroactively to 01/01/12 and jeopardizing my coverage/protection) my Enhanced Incomeshield basic for frivolous reason and after a long time lag of four months, they are still my service provider (until I am informed otherwise as they ...
"One of the underlings was angry at my posting. She told me rudely to make a Police report, rather than to post this vague allegation in my blog. I wanted her, and her minister, to know that I had made a report to the Commercial Affairs Department on another alleged fraud. This report...
Investing in REITS are like investing in properties, but they offer two advantages: a) You do not have to bother about managing the tenancy, handling repairs, looking for tenants, collecting rents b) You can a better return - many REITS give a dividend yield of more than 5%, compared ...
A prudent taxi driver I asked a taxi driver, who is in his 50s, if he has fully paid up his HDB flat. He shared his personal experience. He bought a 3 room HDB... Sad stories of people who lost money on fraudulent schemes Mr. Goh (not his real name) is in his late 50s and now works as...
Mr. Lim (not his real name) invested in several plots of land in Alberta, Canada, sold by a Canadian company. They were bought at different times, following briefings conducted by the Singapore office of the promoter. He received titles to some of the plots and was waiting for the tit...
There is a risk of buying a property under development. If the developer is not able to complete the project due to financial difficulty or other issues, you will be stuck with a partially completed project. This has happened to investors who have bought properties under development i...
