Good bye Singnet from home!

Today is 29th September 2009 ie. 29092009.

My home Singnet broadband account has finally been terminated after more than 10 years. vpacific@singnet.com.sg has been my email address since day one when internet was first introduced.

I remembered the day when Singnet asked for a "name". I didn't know what it was referring to then and I had suggested "apple". Of course I got turned down.

My next step is to terminate my home line and moving to Starhub for my free unlimited digital line. I would save me another $50 per quarter!

Thank you and good bye, Singnet.

My first Singapore F1 experience

10 metres from the roaring engines

Shenton Way from where we sat

IR in the background

people watching with me

A law for over-queuing?

I do believe that we need a law to prevent too many taxis from queuing at a particular stand. Why? Because the long queue of taxis actually caused traffic jams and hazard to other drivers.

What say you?

F1 is a joke?

F1 in trouble?

I can't believe it when Renault actually admited that the crash by one team mate in Singapore last year was actually staged to allow his team mate to win the chamionship.

The team's top two persons resigned to take responsibility. The team may have to pay a fine in excess of USD$100mio. I am wondering whether last year's results in Singapore F1 circuit is allowed to stand.

I am also wondering why is it wrong for one team mate to do something to help another team mate to win a race. Team mate is allowed to use his car to block other cars passing his team mate's. But you are not allowed to crash your car to help your team? Then why do the F1 ruling body allow each team to field two cars in the first place?

Are you not asking for trouble?

What do you want to be?

In Beijing, a six-year old was asked on what she wants to be when she grow up on her first day in school.

"When I grow up I want to be an (government) official," said the girl.

"What kind of official?" the interviewer asked.

"A corrupt official because corrupt officials have a lot of things," she replied.

$100 Liability Cap for Lost Credit Cards

a lop-sided world

Basically, in my humble opinion, the Banks who HAD placed unlimited liabilities for lost credit cards on credit cardmembers, were just taking the easy way out on the weak individual.

When I first started work in the Bank many years ago, there was the $100 liability cap.

I wasn't even aware the Banks had removed that limit cap and instead placed unlimited liability on individual credit cardmembers. The banks quietly amended the terms and conditions.

From Nov 1, 2009, the limit cap of $100 will be back in place.

Between merchants who are contributing to the Banks' bottomline and thousands of individual cardmembers, the Banks had chosen not to pick their fight with the merchants.

The cashiers of these merchants should and could have verified the identity and signature of the person using the cards. But on many occassions, these cashiers hardly pay attention to what you are scribbling on the vouchers. The Banks had chosen NOT to fault the merchants in fraudulent transactions but instead placed the blame on you for not reporting early enough. You, like Ms Tan Shock Ling must be responsible for the full amount charged until proven otherwise. In her case, $17,000 bill!!!!!

Luckily for all honest credit cardmembers, some good people in Association of Banks or MAS may have the guts to change!! Bravo to you!!!!