• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.
Status
Not open for further replies.

arsenal

Alfrescian
Loyal
Finally.. anyway I won't miss them.


NEWS: LKY steps down
Lee Kuan Yew steps down from PAP central executive committee

Wednesday, Oct 05, 2011

Mr Lee Kuan Yew, together with five others, have resigned from the People's Action Party's central executive committee (CEC)

The CEC accepted the resignations of Mr Lee Kuan Yew, Mr Goh Chok Tong, Mr Lim Boon Heng, Mr Wong Kan Seng, Mr George Yeo and Mrs Lim Hwee Hua on Wednesday.

In a statement, the CEC said they stepped down to facilitate leadership renewal.

Party secretary-general and Prime Minister Lee Hsien Loong expressed his gratitude for these individuals' contributions.

In a statement, he said: "They have played key roles in the Party over many years, especially Mr Lee Kuan Yew and Mr Goh Chok Tong who led Singapore's progress and transformation through four decades. Leadership renewal in the Party goes hand-in-hand with self-renewal among MPs and Ministers."

The CEC will appoint new members to fill these six vacancies. The process is expected to be completed by the party's Convention this November.
 

euphony

Alfrescian
Loyal
I hope no likes of Tin Pei Ling to 'renew' leadership...

NEWS: LKY steps down
Lee Kuan Yew steps down from PAP central executive committee

Wednesday, Oct 05, 2011

Mr Lee Kuan Yew, together with five others, have resigned from the People's Action Party's central executive committee (CEC)

The CEC accepted the resignations of Mr Lee Kuan Yew, Mr Goh Chok Tong, Mr Lim Boon Heng, Mr Wong Kan Seng, Mr George Yeo and Mrs Lim Hwee Hua on Wednesday.

In a statement, the CEC said they stepped down to facilitate leadership renewal.

Party secretary-general and Prime Minister Lee Hsien Loong expressed his gratitude for these individuals' contributions.

In a statement, he said: "They have played key roles in the Party over many years, especially Mr Lee Kuan Yew and Mr Goh Chok Tong who led Singapore's progress and transformation through four decades. Leadership renewal in the Party goes hand-in-hand with self-renewal among MPs and Ministers."

The CEC will appoint new members to fill these six vacancies. The process is expected to be completed by the party's Convention this November.
 

arsenal

Alfrescian
Loyal
They have only relinquished their post in CEC.
Still MPs and salaried....

Lim Hwee Hwa's husband money changer/ remittance MoneyWorld -- I used before.. Later I realize their rate is almost similar to bank TT... Do make some comparison with other remittance companies before using their services..

I guess they always think people not of their kind are ignorance and easy to bluff...
 

Investor

Alfrescian (Inf)
Asset
An owner of a bungalow in The Hills precinct in Horizon Hills has been complaining about the built quality of his house and the poor standard of HH in Facebook for almost a year already. From his complains, you can see that he is a very demanding person. To show you how demanding he really is, here's a very small part of all his complains, 'The build quality up here is terrible. Its unfortunate, but the monkeys working on your house have a sub-humanoid intellectual level, and can barely chew gum and fart at the same time, much less lay tile without breaking them or chiopping them. The builders cut corners EVERYWHERE... we found 240V electrical cables that should have been in conduit, merely buried a few inches below the surface of our garden... and running right diagonally across the garden.. drains flow backwards, almost every pipe fitting in many of our bathrooms leaked when we inspected the house, .... you honestly could not believe the crap we've been through... it has been 50 weeks since we moved in, and the builder is still fixing things.'

BUT when someone asked about the security of The Hills, this was his comment, "The security is.. seriously.. excellent now. We had some issues in the beginning, but they do take security very seriously, and it is excellent. The guards seem very professional, polite and are usually awake most of the time.. at least at the various guard houses and main entrances, they are extremely professional.'
 

ginfreely

Alfrescian
Loyal
Anyone got summon at Taman Molek before? I got a RM30 summon for parking in front of a shophouse there on a weekday afternoon. How come? I thought those parking lots in front of shophouses elsewhere in JB are free - no car park sign of need to put coupons in Molek also. Can pay the summon online?
 

mika14

Alfrescian
Loyal
hi,

anyone knows if S'poreans can rent a car a JB?
any good car rental companies with good reputation to recommend?
i intend to drive up to Sepang.

thanks!
 

arsenal

Alfrescian
Loyal
Anyone got summon at Taman Molek before? I got a RM30 summon for parking in front of a shophouse there on a weekday afternoon. How come? I thought those parking lots in front of shophouses elsewhere in JB are free - no car park sign of need to put coupons in Molek also. Can pay the summon online?

I have 2 summons at Taman Molek.. 1 five years ago and 1 recently.. I guess you will ignore and see if they can forget it over time..
 

ginfreely

Alfrescian
Loyal
I have 2 summons at Taman Molek.. 1 five years ago and 1 recently.. I guess you will ignore and see if they can forget it over time..

Thanks for reply. Oh looks like Molek really cannot park for free. When i come back to the car, saw only a few cars along same stretch got the pink summon leh, the rest are spared. I still dont understand how it works. No car park sign of need to put coupon. So you mean 5 years didn't pay? The JB traffic police didn't retain you at causeway for not paying? Sometimes i see them stopping SG cars just before entering causeway.
 

arsenal

Alfrescian
Loyal
I was stopped to pay up for speeding offences but not parking offences... So I guess it is ok..

Thanks for reply. Oh looks like Molek really cannot park for free. When i come back to the car, saw only a few cars along same stretch got the pink summon leh, the rest are spared. I still dont understand how it works. No car park sign of need to put coupon. So you mean 5 years didn't pay? The JB traffic police didn't retain you at causeway for not paying? Sometimes i see them stopping SG cars just before entering causeway.
 

euphony

Alfrescian
Loyal
Thanks for reply. Oh looks like Molek really cannot park for free. When i come back to the car, saw only a few cars along same stretch got the pink summon leh, the rest are spared. I still dont understand how it works. No car park sign of need to put coupon. So you mean 5 years didn't pay? The JB traffic police didn't retain you at causeway for not paying? Sometimes i see them stopping SG cars just before entering causeway.

Ginfreely, the best is when you park go up to the shopkeeper infront to ask need coupon or not. In the tmn molek stretch the parking auntie very onz one sure make a lot of comission. The stretch that is free is the OSK/OCBC/P1/umobile stretch/old town. The free parking comes with the newly developed shoplots for a period of 3 years. Can't remember when they'll expire though.
 

Sanur

Alfrescian
Loyal
hi,

anyone knows if S'poreans can rent a car a JB?
any good car rental companies with good reputation to recommend?
i intend to drive up to Sepang.

thanks!


Hi mika,

Yes and these r the contacts,

1) Hawk Rent a Car - Tel : 607-2242854
2) Dialta Travel & Tour - *Tel : 607-5981677
 

Sanur

Alfrescian
Loyal
Hi I read somewhere, one was asking about the Mm2 applicaton. These r the procedures.

1. 4 pieces of color passport size photograph each for all including
spouse and children
2. Copy of passport all pages including empty pages.If passport renewed
less than a year please also to copy all pages of old passport.
3. Copy of marriage certficate
4. Copy of birth certificate of children including adoption papers.
5. Copy of business registration which shows applicant's shares
6. Copy of financial standing that shows liquid assets of at least
RM500,000 after conversion(applicant age below 50 years) or RM350,000
after conversion(age above 50 years).Liquid assets includes savings,fixed
deposit,shares,bonds, unit trust , retirement fund and or proof of payment
on property purchase.
7.Copy of income received not less than RM10,000 after conversion.
8.Copy of sale and purchase agreement.

Recently, they do not require applicant to go up
To KL to endorse sticker on their passport anymore, it can b done in JB
 

yonglip

Alfrescian
Loyal
An owner of a bungalow in The Hills precinct in Horizon Hills has been complaining about the built quality of his house and the poor standard of HH in Facebook for almost a year already. From his complains, you can see that he is a very demanding person. To show you how demanding he really is, here's a very small part of all his complains, 'The build quality up here is terrible. Its unfortunate, but the monkeys working on your house have a sub-humanoid intellectual level, and can barely chew gum and fart at the same time, much less lay tile without breaking them or chiopping them. The builders cut corners EVERYWHERE... we found 240V electrical cables that should have been in conduit, merely buried a few inches below the surface of our garden... and running right diagonally across the garden.. drains flow backwards, almost every pipe fitting in many of our bathrooms leaked when we inspected the house, .... you honestly could not believe the crap we've been through... it has been 50 weeks since we moved in, and the builder is still fixing things.'

hi bro. i dont think he is being demanding...imagine 240V live wires buried just a few inches below the garden. if someone was digging the garden and the shovel cut those wires,....he will literally be in for a rude shock!
 

yonglip

Alfrescian
Loyal
Hi I read somewhere, one was asking about the Mm2 applicaton. These r the procedures.

6. Copy of financial standing that shows liquid assets of at least
RM500,000 after conversion(applicant age below 50 years) or RM350,000
after conversion(age above 50 years).Liquid assets includes savings,fixed
deposit,shares,bonds, unit trust , retirement fund and or proof of payment
on property purchase.

hi sanur..u mean to say that they longer require RM300K in FD anymore as long as you can show them u have more than RM500K in cash savings?..
 

crystal_tiong

Alfrescian
Loyal
Global recession in 2012 "can't be ruled out": IMF

BRUSSELS - Recession is a live risk next year, particularly in Europe, a senior IMF figure said Wednesday in Brussels as the eurozone toils with twin sovereign debt and banking crises.

International Monetary Fund Europe director Antonio Borges warned that a recession in 2012 "can't be ruled out," citing a possibility that "activity will turn downwards."

He was issuing the IMF's economic outlook for Europe in Brussels, at a time when the Greek-triggered sovereign debt crisis has already claimed its first banking victim in Dexia with a new finance industry credit crunch punishing those most exposed to Greek debt.

The IMF still tips 1.1 percent growth for the eurozone next year, but admits it got earlier 2011 forecasts wrong and angled the 100-page report describing the region's economic prospects on policy changes that would be required if a downturn is confirmed.

Borges said the international lender of last resort would recommend "changing economic policy" away from austerity and back towards US and British-style stimulus.

Citing a "far more risk-averse" mood among investors, he said the best Europe could hope for would be "very modest" growth.

Any "stall" in growth by this year's end would demand a reversal of 2011 fiscal policy where possible, Borges said.

He said: "If ever there was a more significant recession in Europe, and I hope that is not the case but we cannot exclude it, then... all those countries with fiscal leeway might want to consider that."

He specifically ruled out Italy and Spain from turning to stimulus, but the report underlined: "The pursuit of nominal deficit targets should not come at the expense of risking a widespread contraction in economic activity."

Countries with access to funding "at historically low" interest rates "should consider delaying some of their fiscal consolidation," it said, while "monetary tightening in the cyclically more advanced economies will need to be paused or even reversed."

Ahead of new EU growth figures due out on Thursday expected to show the debt-laden currency area slipping dangerously towards negative growth, a closely-watched survey of purchasing managers showed the eurozone already flipped into reverse gear in September.

Falling to its lowest level in more than two years, the final Eurozone Composite Output Index compiled by London-based researchers Markit logged 49.1 points, compared with 50.7 in August. Any score below 50 indicates contraction.

Markit noted "faster rates of contraction in Italy and Spain accompanied by near-stagnation in France and Germany," with chief economist Chris Williamson saying the results provided "confirmation that the eurozone recovery has ground to a halt".

On Tuesday, Standard & Poor's revised downwards its growth projections for the eurozone in 2012 and warned that "the chances of Europe plunging into a new recession now appear more likely".

It put the odds for recession at 40 percent, still predicting growth of 1.1 percent for the eurozone, down from the previous 1.8 percent, but only 0.5 percent for the key Italian economy.

US bank Goldman Sachs, for its part, predicts a "light recession" across the eurozone, although it still tips 3.5 percent global growth.

In late September, the IMF warned that the global economy had entered "a dangerous new phase," saying a fall back into recession for Western economies would have serious knock-on effects for the rest of the globe.

China will continue to lead with a 9.0 percent expansion next year, it nonetheless said.

- AFP/ir


Oh no , does that means better dun buy property at the moment ??
 

Aisanbo

Alfrescian
Loyal
Expect the recession to come 2012.
Major property markets like Sg, Hk, Kl, etc would be hit and where do investors put their money?
Maybe cheaper real estate like JB....
But Sure got risk one...
In 08-09 where sg prices fall like crazy, JB prices remain steady leh.
Just sit tight through next 2 yrs.
 

Sanur

Alfrescian
Loyal
hi sanur..u mean to say that they longer require RM300K in FD anymore as long as you can show them u have more than RM500K in cash savings?..

Hi

This the first part of the submission, the second part will be opening a fix deposit using yr shown amount, than buy a medical issuance, a basic medical check up. The last will b having the mm2 sticker on yr passport which could b done in Jb itself
 

arsenal

Alfrescian
Loyal
I have a learned friend in property planning business who believe property market will crash since 2004.. So until today, he is still sitting on cash.. not a single property...

Now everyone is expecting property to crash in 2013.. I don't know.... In year 2008 financial crissis, we also expect property to crash..but...



Global recession in 2012 "can't be ruled out": IMF

BRUSSELS - Recession is a live risk next year, particularly in Europe, a senior IMF figure said Wednesday in Brussels as the eurozone toils with twin sovereign debt and banking crises.

International Monetary Fund Europe director Antonio Borges warned that a recession in 2012 "can't be ruled out," citing a possibility that "activity will turn downwards."

He was issuing the IMF's economic outlook for Europe in Brussels, at a time when the Greek-triggered sovereign debt crisis has already claimed its first banking victim in Dexia with a new finance industry credit crunch punishing those most exposed to Greek debt.

The IMF still tips 1.1 percent growth for the eurozone next year, but admits it got earlier 2011 forecasts wrong and angled the 100-page report describing the region's economic prospects on policy changes that would be required if a downturn is confirmed.

Borges said the international lender of last resort would recommend "changing economic policy" away from austerity and back towards US and British-style stimulus.

Citing a "far more risk-averse" mood among investors, he said the best Europe could hope for would be "very modest" growth.

Any "stall" in growth by this year's end would demand a reversal of 2011 fiscal policy where possible, Borges said.

He said: "If ever there was a more significant recession in Europe, and I hope that is not the case but we cannot exclude it, then... all those countries with fiscal leeway might want to consider that."

He specifically ruled out Italy and Spain from turning to stimulus, but the report underlined: "The pursuit of nominal deficit targets should not come at the expense of risking a widespread contraction in economic activity."

Countries with access to funding "at historically low" interest rates "should consider delaying some of their fiscal consolidation," it said, while "monetary tightening in the cyclically more advanced economies will need to be paused or even reversed."

Ahead of new EU growth figures due out on Thursday expected to show the debt-laden currency area slipping dangerously towards negative growth, a closely-watched survey of purchasing managers showed the eurozone already flipped into reverse gear in September.

Falling to its lowest level in more than two years, the final Eurozone Composite Output Index compiled by London-based researchers Markit logged 49.1 points, compared with 50.7 in August. Any score below 50 indicates contraction.

Markit noted "faster rates of contraction in Italy and Spain accompanied by near-stagnation in France and Germany," with chief economist Chris Williamson saying the results provided "confirmation that the eurozone recovery has ground to a halt".

On Tuesday, Standard & Poor's revised downwards its growth projections for the eurozone in 2012 and warned that "the chances of Europe plunging into a new recession now appear more likely".

It put the odds for recession at 40 percent, still predicting growth of 1.1 percent for the eurozone, down from the previous 1.8 percent, but only 0.5 percent for the key Italian economy.

US bank Goldman Sachs, for its part, predicts a "light recession" across the eurozone, although it still tips 3.5 percent global growth.

In late September, the IMF warned that the global economy had entered "a dangerous new phase," saying a fall back into recession for Western economies would have serious knock-on effects for the rest of the globe.

China will continue to lead with a 9.0 percent expansion next year, it nonetheless said.

- AFP/ir


Oh no , does that means better dun buy property at the moment ??
 
Status
Not open for further replies.
Top