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Bloggers reaction to town councils’ losses

Bloggers shocked at potential losses from investments.

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But first a quote:

Amongst the things you can do, I suggest you study the annual accounts of the town council to ensure that the funds are properly used. Check whether the arrears for S & C charges are piling up, and eating into their reserves. Make sure that enough money is put aside for cyclical maintenance. In your walkabouts, check on the estate maintenance. If Mr Low has done a good job, give him credit for it. If there are deficiencies, point them out to the residents. In short, play the role of an effective opposition in Hougang.

– “Strengthening Our Unique Political System”, Speech by Senior Minister Goh Chok Tong, National Day Dinner, Hougang Community Club, 26 July 2008

Town council revelation – lets stop throwing good money after badSimply Gab

But wait a minute, while we know how much went into these bad investments, we do not know the total amount invested in what he described as deposits, securities and other financial products.

We do know that the proportion of investible funds are limited to 35%. Since 8 million is 6.7% of this portion, we know that Holland-Bukit Panjang TC alone has about 340 million in sinking funds. Therefore according to the rules, approx 119 million is available to Holland-Bukit Panjang TC for investments.

$12m in troubled products – Hong Guan

Why did it take a question from Ms Olsen for this issue to surface? (it’s been 4weeks (thereabouts) since the onset of the Lehman debacle)

Singapore Town Council ignorant about high risk bond investment?Big Talk Singapore

They said that it is only a small sum that our town council can afford and should not affect town council services. Maybe they considered it as “Peanut” compared to the total town council fund, about 0.6% (See attachment #2). If this is how they think, then it will be a very dangerous thinking. If we lose 0.6% of the fund today, how about 0.61% tomorrow ? Losing the people money like this can never be justified in the eye of normal citizens.

Singapore town councils and the people’s money – Descriptive Thoughts

I am quite surprise that the resident and taxpayers seems unaware of such investments in the first place – was it because of our own ignorance or should the authorities had been more clearer and more transparent with their or rather our finances?

Town council lost $12M ??? …Who cares! – Lucky Tan

I’m just a bit surprised that $12M = 0.6% of the total investible reserves. Only 40% of their reserve can be invested. On the back of envelop calculation tells us they accumulated $5B in reserves for estate maintenance. This is crazy! To build a reserve of this size, they have unnecessarily burdened Singaporeans with conservancy charges which could have been lowered.

Why are town councils “gambling” with our money? – IZ Reloaded

To the folks who are running the town councils in Singapore: Your job is to control, manage, maintain and improve the common property of the housing estates, NOT to “gamble” Singaporeans’ money in stocks, bonds and other financial instruments! If you have no idea what to do with that spare cash, please give them back to Singaporeans who really need them.

Lose money not our fault – Blog DK

Quite shocking to know that our Town Councils has lost billions of taxpayer money. See, if you don’t ask you won’t know. Now that you know, you also can’t do anything. And to cover up the losses, situations will be made in such a way that you can’t refuse no for an answer.

4 million dollars – Live To Learn To Live

I am pretty sure more than one person read the bold print which states that the principal amount is not guaranteed.

Gambling in the town councils? – Singapore Kopi Tok

But only in the past few days was the severity of the damage revealed by our nation-building press. If there were no pleas to whistle-blow, would the Town Councils, behaving like GLCs, have come forward and be honest?

Sembawang Town Council clear for now – What Will Last

Sembawang Town Council replied to my email after I sent them a gentle reminder a week after this first email was sent out.

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Indonesia

Miss Universe cuts ties with Indonesia chapter after harassment allegations

The Miss Universe Organization severs ties with Indonesia franchise due to harassment claims. Malaysia edition canceled.

Women allege body checks before pageant. Investigation launched. Safety prioritized.

Indonesia winner to compete in November finale. Height requirement controversy.

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WASHINGTON, UNITED STATES — The Miss Universe Organization has cut ties with its Indonesia franchise, it announced days after allegations of sexual harassment, and will cancel an upcoming Malaysia edition.

In the complaint, more than a half dozen women said all 30 finalists for Miss Universe Indonesia were unexpectedly asked to strip for a supposed body check for scars and cellulite two days before the pageant’s crowning ceremony in Jakarta.

Their lawyer said Tuesday that five of the women had their pictures taken.

“In light of what we have learned took place at Miss Universe Indonesia, it has become clear that this franchise has not lived up to our brand standards, ethics, or expectations,” the US-based Miss Universe Organization posted Saturday night on social media site X, formerly known as Twitter.

It said that it had “decided to terminate the relationship with its current franchise in Indonesia, PT Capella Swastika Karya, and its National Director, Poppy Capella.”

It thanked the contestants for their bravery in coming forward and added that “providing a safe place for women” was the organization’s priority.

Jakarta police spokesman Trunoyudo Wisnu Andiko said Tuesday that an investigation into the women’s complaint has been launched.

The Indonesia franchise also holds the license for Miss Universe Malaysia, where there will no longer be a competition this year, according to the New York-based parent organizer.

In a lengthy statement posted to Instagram, Indonesia franchise director Capella denied involvement in any body checks.

“I, as the National Director and as the owner of the Miss Universe Indonesia license, was not involved at all and have never known, ordered, requested or allowed anyone who played a role and participated in the process of organizing Miss Universe Indonesia 2023 to commit violence or sexual harassment through body checking,” she wrote.

She added that she is against “any form of violence or sexual harassment.”

The Jakarta competition was held from 29 July to 3 August to choose Indonesia’s representative to the 2023 Miss Universe contest, and was won by Fabienne Nicole Groeneveld.

Miss Universe said it would make arrangements for her to compete in the finale, scheduled for November in El Salvador.

This year’s Indonesia pageant also came under fire for announcing a “significant change in this (year’s) competition guidelines” with the elimination of its minimum height requirement after it had crowned a winner.

In its statement, the Miss Universe Organization said it wanted to “make it extremely clear that there are no measurements such as height, weight, or body dimensions required to join a Miss Universe pageant worldwide.”

— AFP

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Malaysia

A Perodua service centre in Kuantan, Malaysia went viral for its strict dress code, Perodua responds

A dress code for vehicle servicing? A Malaysian car brand’s service centre dress code signage has puzzled netizens, raising queries about the need for attire rules during a routine service.

The manufacturer responded with an official statement after a flurry of comments, seeking to clarify and apologize.

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MALAYSIA: A dress code signage positioned at a service centre belonging to a prominent Malaysian car brand has sparked bewilderment among Malaysian netizens, who question the necessity of adhering to attire guidelines for a simple vehicle servicing.

The signage explicitly delineates clothing items that are deemed unsuitable, including sleeveless tops, short skirts, abbreviated pants, and distressed jeans.

The car manufacturer swiftly found itself flooded with comments from both inquisitive and irked Malaysian netizens. This surge in online activity prompted the company to issue an official statement aimed at clarifying the situation and extending an apology.

In a post that gained significant traction on the social media platform, politician Quek Tai Seong of Pahang State, Malaysia, shared an image to Facebook on Monday (7 Aug).

The image showcased a dress code sign prominently displayed at a Perodua Service Centre in Kuantan. Within the post, Quek posed the question: “Is this dress code applicable nationwide, or is it specific to this branch?”

The signage reads, “All customers dealing with Perodua Service Kuantan 1, Semambu, are requested to dress modestly and appropriately.”

Adding visual clarity to these guidelines, the sign features illustrative graphics that explicitly outline clothing items deemed unacceptable, including sleeveless tops, short skirts, short pants, and ripped jeans.

Delineating the specifics of the dress code, the signage stipulates that male visitors are expected to don shirts accompanied by neckties, opt for long pants, and wear closed shoes.

Conversely, female visitors are advised to don long-sleeved shirts, full-length skirts, and closed-toe footwear.

Perodua’s dress code sparks online uproar

Following the rapid spread of the post, Perodua’s official Facebook page found itself inundated with comments from both intrigued and frustrated Malaysian netizens, all seeking clarifications about the newly surfaced dress code policy.

Amidst the flurry of comments, numerous incensed netizens posed pointed questions such as, “What is the rationale behind the introduction of such regulations by the management? We demand an explanation.”

Another netizen expressed their dissatisfaction, arguing against the necessity of the rule and urging Perodua to take inspiration from the practices of other 4S (Sales, Service, Spare Parts, and Survey) automotive dealerships.

A concerned Facebook user chimed in, advocating for a more lenient stance, asserting that attempting to dictate customers’ clothing choices might not be in the company’s best interest.

Someone also commented in an angry tone, “Oi what is this? Going there for car service, not interview or working, right.”

As the discourse unfolded, it became evident that while some inquiries carried genuine weight, others chose to inject humor into the situation, playfully remarking, “If I wanted to buy a Myvi, I should buy or rent a formal attire first.”

“I sell economy rice at a hawker centre, I have never worn a long sleeve shirt and a tie… I guess I will not buy a Perodua car then.”

“I guess they will not serve those who wear short pants.”

Perodua addresses dress code controversy

As reported by Chinese media outlet Sin Chew Daily News, the manager of Kuantan’s Perodua Service Centre had acknowledged that the images on the dress code signage were misleading.

In response, the manager divulged that discussions had transpired with the head office, leading to the prompt removal of the signage to prevent any further misconceptions.

The manager clarifies, “We do encourage visitors to adhere to the dress etiquette, but we won’t go to the extent of restricting their choice of attire.”

He also revealed that currently, no complaints have been directly received from the public.

However, feedback from certain customers was relayed through Perodua’s agents.

Perodua also released an official statement by chief operating officer JK Rozman Jaffar on Wednesday (9 Aug) regarding the dress code on their official Facebook page.

The statement stated the dress code etiquette is not aligned with their official guidelines and they are currently conducting an official investigation on the matter followed by corrective measures to avoid the same incident from happening.

Perodua also extends its apologies for any inconvenience caused.

 

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