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DPM Lawrence Wong to take over from PM Lee on May 15
In Current Affairs
Judge Death
Apr 15, 2024
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Elderly man died in shop house, corpse discovered only after bodily fluids seeped through floor and into the unit below
In Chillin' In The Lounge
Taylor Swift panties kym?
In Chillin' In The Lounge
Taylor Swift panties kym?
In Chillin' In The Lounge
Japan Food Town shuttered on Feb 29, lease terminated by landlord Isetan for 'non-payment of certain sums'
In Announcements/Broadcasts
SimplyGo SIMPLY FAILED!!!!! App unresponsive, notifications for transactions not reflected and website not accessible by some!!!!!
In Current Affairs
Judge Death
Feb 16, 2024
Overcharged by SimplyGo when different devices are used on each leg I want to highlight an issue that may not be commonly known or well appreciated among SimplyGo users, which underscores the need to improve the final product before it is made the de facto mode of public transport payment for everyone.  With the recent increased public interest in SimplyGo, I downloaded the SimplyGo app in January to start monitoring the breakdown of my travel expenses. I am thankful that I did, but for all the wrong reasons. On reviewing the fare expenses from Jan 20 to Feb 8, I discovered that there were 19 instances where SimplyGo had overcharged me on my credit card, essentially doubling or even tripling the maximum fare charged to me, depending on how many modes of transport – bus and MRT – I had used and completely ignoring the distance-based fare principle. This was alarming, considering that I have been using linked credit card payments to pay for public transport fares for years.  The issue surfaces within a given trip when a different mobile device is used to pay for a fare, regardless of whether the device is linked to the same credit card or not. So while the physical credit card or a linked iPhone or Apple Watch may all be valid payment modes, alternating between any of these modes within a single trip would result in separate charges for each leg of the trip. As the fare reader is unable to determine the end-to-end origin and destination, each leg is charged the maximum charge. My only recourse is to write in to request reimbursement for those limited transactions I am able to access via the app.  This issue may also be impacting many others. SimplyGo needs to address this, as most commuters may assume that the mode of payment device should not impact the final fare as long as it is linked to the same payment mode, that is, the same credit card. Commuters should be either explicitly informed about this, or the device payment should be made seamless. Otherwise, this “bug” in overcharging could be inflating costs for commuters. Ernest Wee Wen Liang https://www.straitstimes.com/opinion/forum/forum-overcharged-by-simplygo-when-different-devices-are-used-on-each-leg
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SGX's standards are so low that even a rubbish company like NoonTalk Media could get listed on it, tsk tsk
In Current Affairs
Judge Death
Feb 15, 2024
STI lethargy due to more than just short-termism Much has been said in recent months of the local bourse’s lethargic performance. The latest article comments that short-termism among many market participants is an under-explored underlying reason for the market’s lethargy (Singapore market ripe for a mid-cap boost?, Feb 12). In response, I wish to make a number of observations. First, the Straits Times Index (STI) has continued to trade below its pre-2008 financial crisis levels. In comparison, the three major American indexes – the Dow Jones index, the S&P 500 and the Nasdaq 100 – have all traded past their pre-crisis levels. Second, for at least the past 10 years, the top ranks of the STI have seen few changes to their composition when compared with America’s Nasdaq or S&P 500. This is a symptom of poorer economic dynamism. Third, Reits or real estate investment trusts have populated the ranks of the STI in recent years. Businesses create wealth; real estate is an expression of wealth. Fourth, the willingness and ability of Singaporean capital to work the stock market is, on the aggregate, low. Big money (and big business) here are, broadly, either government-influenced or family-influenced. Further, the upper-middle class generally prefers real estate. Fifth, the local ecosystem of analysts is nowhere as sophisticated as that in America and its coverage nowhere as comprehensive. Price-to-book and price-to-earnings are applied blatantly, often neglecting a business’ capital needs, profit margins and growth potential, or other metrics more appropriate for the industry. Sixth, Singaporean capital is generally more cautious and conservative. Seventh, the Singapore economy is heavily oriented towards trade and its offshoots, and growth in new sectors is typically driven by multinational corporations. These businesses typically find no need to raise capital from the local bourse. Eighth, merger and acquisition activity – an important driver in equity valuations – in Singapore is much less dynamic than in America. Lastly, the valuation differential is so absurd as compared with the United States that attractive companies see no point listing here. Fong Cheng Hung https://www.straitstimes.com/opinion/forum/forum-sti-lethargy-due-to-more-than-just-short-termism
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Near empty Parliament: Are we paying PAP politicians to skive on the job?
In Current Affairs
SimplyGo SIMPLY FAILED!!!!! App unresponsive, notifications for transactions not reflected and website not accessible by some!!!!!
In Current Affairs
SimplyGo SIMPLY FAILED!!!!! App unresponsive, notifications for transactions not reflected and website not accessible by some!!!!!
In Current Affairs
Ong Ye Kung is a fucking asshole who cares only about being in the limelight & would disrupt hospital processes just to film his TikTok vids
In Current Affairs
Japan Food Town shuttered on Feb 29, lease terminated by landlord Isetan for 'non-payment of certain sums'
In Announcements/Broadcasts
KNN, Ya Kun raises the price of its set A by 12.5%, overall there has been a whopping 31% increase since Jan 2021!!!!!!
In Announcements/Broadcasts
Coffeeshop at Serangoon Central changes hands for $40.5 million!!!!!
In Announcements/Broadcasts
Gaza before and after: Satellite images show destruction following Israeli airstrikes
In Current Affairs
Shan and Vivian: If LHY does not apologise, withdraw his allegations and pay damages, WE WILL SUE HIM!!!!!!
In Current Affairs
It's time for Baey Yam Keng to wayang again so Sinkies don't forget about him completely!
In Current Affairs
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