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| 15-Sep-2010 13:18 |
Genting Sing
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FREE TURB CLUB BUS SERVICES ABSOLUTELY PURE INCENTIVES fOr HORSE RACE BETTING
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| 15-Sep-2010 13:14 |
Genting Sing
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VerY VerY VerY lIkelY ALL 100% FREE Riders Of PAID TURF CLUB BUSES are pUnters
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| 15-Sep-2010 13:12 |
Genting Sing
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the Singapore Turf Club is allowed to provide paid bus services from certain destinations.
Why do people go to the Turf Club? To admire the horses and smell the hay? |
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| 15-Sep-2010 13:10 |
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&&&&&&&& PROFITS & PHILANTHROPHY &&&&&&&&
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VerY VerY VerY lIkelY ALL 100% FREE Riders Of PAID TURF CLUB BUSES are pUnters
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| 15-Sep-2010 13:04 |
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Yet, the Singapore Turf Club is allowed to provide paid bus services from certain destinations. Why do people go to the Turf Club? To admire the horses and smell the hay? |
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| 15-Sep-2010 13:02 |
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Yet, the Singapore Turf Club is allowed to provide paid bus services from certain destinations. Why do people go to the Turf Club? To admire the horses and smell the hay?
The decision by the Casino Regulatory Authority (CRA) to stop the free bus rides provided by the two integrated resorts here, except from certain destinations like the airport and hotels, appears to be a knee-jerk reaction to complaints from the anti-gambling lobby. The CRA’s action followed a probe by the Ministry of Community Development, Youth and Sports (MCYS) to ascertain that Singaporeans are not being enticed to the casinos. This in turn resulted from concerns raised by certain MPs, including Mr Liang Eng Hwa (Holland-Bukit Timah GRC) that the free shuttle rides from 19 destinations across the island, mainly to and from the HDB heartlands, amounted to providing incentives to Singaporeans to gamble at the casinos. The two resorts had been providing the free shuttle rides since June having obtained permission for the service and the routes from the Land Transport Authority. If the service was in violation of the casino rules, why did it take some three months for the CRA to act? Is this also another case of the left hand not knowing what the right hand was doing, given that the LTA had given the go ahead? Resorts World Sentosa’s (RWS) vice president for resort operations Noel Hawkes had been quoted as saying that the resort had been working with government agencies to ease congestion at the junction of Telok Blangah Road and the Sentosa Gateway by providing bus services. He is said to have further stated that services to the heartlands was part of its overall transport plans “so that we would bring people here by public transport and avoid people having to take their cars and jam up the junction”. What’s going to happen now? What if the jams get worse? Erect ERP gantries? It is not as if everyone using the service went to the casinos to gamble. In fact, the vast majority used them to get into Sentosa or the various outlets at the integrated resorts. According to a survey by RWS more than 60 per cent of the 2,500 people who made use of the free bus rides daily did not end up at the gaming tables or the jackpot machines. Remember the whole idea of naming them integrated resorts and not just casinos? So, the majority are being punished for the sins of the minority. What makes the authorities so sure that the minority will not end up at the casinos in any case? Die-hard gamblers will find their way to the gaming tables by hook or by crook. Isn’t the $100 levy per person for entry to the casinos supposed to dissuade Singaporeans and permanent residents from making wagers at the gaming tables? Perhaps, the discriminatory levy is not high enough and should be raised? And not forgetting we also have the casino exclusion measures as additional safeguards to stop problem gambling. Members of the family or the gambler himself can apply to have him or herself excluded from entering any of the casinos. Why did Marina Bay Sands, which claimed not to have provided buses to the HDB heartlands, have to stop its paid bus services as well as its free shuttle services to the hotels? Yet, the Singapore Turf Club is allowed to provide paid bus services from certain destinations. Why do people go to the Turf Club? To admire the horses and smell the hay? There also appears to be some hypocrisy — at the very least a turning of blind eyes — to the gambling in the heartlands, be it on soccer matches here and abroad, Toto, Four-D, and the races at the numerous betting shops of the Totalisator Board. As a result of the cessation of the free rides, the bus owners stand to lose heavily on their gamble to buy two dozen new buses to service the routes. And a number of bus drivers may be out of job following the CRA move. Can they claim compensation from the CRA considering that initial approval had been given by the LTA? Why not then let the CRA be the final authority on all matters pertaining to the integrated resorts — as the casinos are within the premises? People should not be left wondering if approval from other authorities could be at odds with the CRA. Perhaps it is time that the authorities stop treating Singaporeans like kids and let them decide for themselves what is good for them — within the bounds of the law. If they want to use a free bus ride to go to the casinos, why not? The writer is editor-at-large at Today.
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| 15-Sep-2010 12:44 |
Genting Sing
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GenSp starts to move up again
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Yet, the Singapore Turf Club is allowed to provide paid bus services from certain destinations. Why do people go to the Turf Club? To admire the horses and smell the hay?
The decision by the Casino Regulatory Authority (CRA) to stop the free bus rides provided by the two integrated resorts here, except from certain destinations like the airport and hotels, appears to be a knee-jerk reaction to complaints from the anti-gambling lobby. The CRA’s action followed a probe by the Ministry of Community Development, Youth and Sports (MCYS) to ascertain that Singaporeans are not being enticed to the casinos. This in turn resulted from concerns raised by certain MPs, including Mr Liang Eng Hwa (Holland-Bukit Timah GRC) that the free shuttle rides from 19 destinations across the island, mainly to and from the HDB heartlands, amounted to providing incentives to Singaporeans to gamble at the casinos. The two resorts had been providing the free shuttle rides since June having obtained permission for the service and the routes from the Land Transport Authority. If the service was in violation of the casino rules, why did it take some three months for the CRA to act? Is this also another case of the left hand not knowing what the right hand was doing, given that the LTA had given the go ahead? Resorts World Sentosa’s (RWS) vice president for resort operations Noel Hawkes had been quoted as saying that the resort had been working with government agencies to ease congestion at the junction of Telok Blangah Road and the Sentosa Gateway by providing bus services. He is said to have further stated that services to the heartlands was part of its overall transport plans “so that we would bring people here by public transport and avoid people having to take their cars and jam up the junction”. What’s going to happen now? What if the jams get worse? Erect ERP gantries? It is not as if everyone using the service went to the casinos to gamble. In fact, the vast majority used them to get into Sentosa or the various outlets at the integrated resorts. According to a survey by RWS more than 60 per cent of the 2,500 people who made use of the free bus rides daily did not end up at the gaming tables or the jackpot machines. Remember the whole idea of naming them integrated resorts and not just casinos? So, the majority are being punished for the sins of the minority. What makes the authorities so sure that the minority will not end up at the casinos in any case? Die-hard gamblers will find their way to the gaming tables by hook or by crook. Isn’t the $100 levy per person for entry to the casinos supposed to dissuade Singaporeans and permanent residents from making wagers at the gaming tables? Perhaps, the discriminatory levy is not high enough and should be raised? And not forgetting we also have the casino exclusion measures as additional safeguards to stop problem gambling. Members of the family or the gambler himself can apply to have him or herself excluded from entering any of the casinos. Why did Marina Bay Sands, which claimed not to have provided buses to the HDB heartlands, have to stop its paid bus services as well as its free shuttle services to the hotels? Yet, the Singapore Turf Club is allowed to provide paid bus services from certain destinations. Why do people go to the Turf Club? To admire the horses and smell the hay? There also appears to be some hypocrisy — at the very least a turning of blind eyes — to the gambling in the heartlands, be it on soccer matches here and abroad, Toto, Four-D, and the races at the numerous betting shops of the Totalisator Board. As a result of the cessation of the free rides, the bus owners stand to lose heavily on their gamble to buy two dozen new buses to service the routes. And a number of bus drivers may be out of job following the CRA move. Can they claim compensation from the CRA considering that initial approval had been given by the LTA? Why not then let the CRA be the final authority on all matters pertaining to the integrated resorts — as the casinos are within the premises? People should not be left wondering if approval from other authorities could be at odds with the CRA. Perhaps it is time that the authorities stop treating Singaporeans like kids and let them decide for themselves what is good for them — within the bounds of the law. If they want to use a free bus ride to go to the casinos, why not? The writer is editor-at-large at Today.
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| 15-Sep-2010 12:29 |
Genting Sing
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Another knee jerk response? Conrad Raj If the service was in violation of the casino rules, why did it take some three months for the CRA to act? Is this also another case of the left hand not knowing what the right hand was doing, given that the LTA had given the go ahead? |
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| 15-Sep-2010 12:25 |
User Research/Opinions
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&&&&&&&& PROFITS & PHILANTHROPHY &&&&&&&&
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Another knee jerk response? Singaporeans can decide if they want to use the shuttle bus services to the integrated resorts Conrad Raj conrad@mediacorp.com.sg If the service was in violation of the casino rules, why did it take some three months for the CRA to act? Is this also another case of the left hand not knowing what the right hand was doing, given that the LTA had given the go ahead? |
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| 15-Sep-2010 11:50 |
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TRADE FREELY & LiVE LONGER
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| 15-Sep-2010 11:47 |
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TRADE FREELY & LiVE LONGER
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| 15-Sep-2010 11:39 |
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TRADE FREELY & LiVE LONGER
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| 15-Sep-2010 11:15 |
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TRADE FREELY & LiVE LONGER
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赢
大鱼大雨
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| 15-Sep-2010 11:05 |
Genting Sing
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Thank you very much Have a prOfItable week !
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| 15-Sep-2010 11:01 |
SGX
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SGX
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SGX to quote ADRs of Chinese firms
Ephraim Seow ephraimseow@mediacorp.com.sg SINGAPORE
The Singapore Exchange (SGX) said yesterday it would launch the American Depository Receipts (ADRs) of these companies on Oct 22. ADRs are certificates that represent a specified number of shares in a foreign stock traded on a US exchange.
They are denominated in US dollars, with the underlying security held by a US financial institution overseas.
As a start, SGX will quote ADRs of 19 firms on its new GlobalQuote board. Besides PetroChina — currently the world’s second-largest listed company after Exxon Mobil — the others include Chinese language Internet search giant Baidu and the world’s biggest telco, China Mobile.
SGX said the move marked the start of its cooperation with Nasdaq OMX to bring ADRs to GlobalQuote. It will link market participants from both trading pools, with the ADRs on GlobalQuote fully interchangeable with US-listed ADRs. BNY Mellon is the depository bank for SGX’s GlobalQuote.
If it proves popular, the exchange may extend the platform to the ADRs of South Korean, Taiwanese and Indian firms, SGX executive vice-president Chew Sutat said.
Industry experts welcomed the move, saying the ADRs are a good product with which investors can diversify their portfolios. ADRs could also be a more efficient and cost-effective system since investors here do not have to open a separate trading account and incur additional broking fees, they said.
However, they expect a slow initial subscription rate.
“It may take about half a year for investors to know the way around the trading system and understand the companies they are buying into. The take up rate also depends on the marketing of these firms and the accessibility of research information,” noted Mr Roger Tan, vice-president of Sias Research.
Analysts also warn investors to be aware of the risks related to investing in ADRs.
“Beyond the regular risks of equities trading, there is the added currency risk.
Even if the shares appreciate, the overall value may be decreasing if the US dollar is weakening while the Singapore dollar is strengthening,” said Mr Albert Fong, president of The Society of Remisiers. |
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| 15-Sep-2010 10:58 |
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TRADE FREELY & LiVE LONGER
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SGX to quote ADRs of Chinese firms
Ephraim Seow ephraimseow@mediacorp.com.sg SINGAPORE
The Singapore Exchange (SGX) said yesterday it would launch the American Depository Receipts (ADRs) of these companies on Oct 22. ADRs are certificates that represent a specified number of shares in a foreign stock traded on a US exchange.
They are denominated in US dollars, with the underlying security held by a US financial institution overseas.
As a start, SGX will quote ADRs of 19 firms on its new GlobalQuote board. Besides PetroChina — currently the world’s second-largest listed company after Exxon Mobil — the others include Chinese language Internet search giant Baidu and the world’s biggest telco, China Mobile.
SGX said the move marked the start of its cooperation with Nasdaq OMX to bring ADRs to GlobalQuote. It will link market participants from both trading pools, with the ADRs on GlobalQuote fully interchangeable with US-listed ADRs. BNY Mellon is the depository bank for SGX’s GlobalQuote.
If it proves popular, the exchange may extend the platform to the ADRs of South Korean, Taiwanese and Indian firms, SGX executive vice-president Chew Sutat said.
Industry experts welcomed the move, saying the ADRs are a good product with which investors can diversify their portfolios. ADRs could also be a more efficient and cost-effective system since investors here do not have to open a separate trading account and incur additional broking fees, they said.
However, they expect a slow initial subscription rate.
“It may take about half a year for investors to know the way around the trading system and understand the companies they are buying into. The take up rate also depends on the marketing of these firms and the accessibility of research information,” noted Mr Roger Tan, vice-president of Sias Research.
Analysts also warn investors to be aware of the risks related to investing in ADRs.
“Beyond the regular risks of equities trading, there is the added currency risk.
Even if the shares appreciate, the overall value may be decreasing if the US dollar is weakening while the Singapore dollar is strengthening,” said Mr Albert Fong, president of The Society of Remisiers. |
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| 15-Sep-2010 10:55 |
User Research/Opinions
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/\/\/\/ stOck pIcks & stOck cAll /\/\/\/\/\/
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SGX to quote ADRs of Chinese firms
Ephraim Seow ephraimseow@mediacorp.com.sg SINGAPORE
The Singapore Exchange (SGX) said yesterday it would launch the American Depository Receipts (ADRs) of these companies on Oct 22. ADRs are certificates that represent a specified number of shares in a foreign stock traded on a US exchange.
They are denominated in US dollars, with the underlying security held by a US financial institution overseas.
As a start, SGX will quote ADRs of 19 firms on its new GlobalQuote board. Besides PetroChina — currently the world’s second-largest listed company after Exxon Mobil — the others include Chinese language Internet search giant Baidu and the world’s biggest telco, China Mobile.
SGX said the move marked the start of its cooperation with Nasdaq OMX to bring ADRs to GlobalQuote. It will link market participants from both trading pools, with the ADRs on GlobalQuote fully interchangeable with US-listed ADRs. BNY Mellon is the depository bank for SGX’s GlobalQuote.
If it proves popular, the exchange may extend the platform to the ADRs of South Korean, Taiwanese and Indian firms, SGX executive vice-president Chew Sutat said.
Industry experts welcomed the move, saying the ADRs are a good product with which investors can diversify their portfolios. ADRs could also be a more efficient and cost-effective system since investors here do not have to open a separate trading account and incur additional broking fees, they said.
However, they expect a slow initial subscription rate.
“It may take about half a year for investors to know the way around the trading system and understand the companies they are buying into. The take up rate also depends on the marketing of these firms and the accessibility of research information,” noted Mr Roger Tan, vice-president of Sias Research.
Analysts also warn investors to be aware of the risks related to investing in ADRs.
“Beyond the regular risks of equities trading, there is the added currency risk.
Even if the shares appreciate, the overall value may be decreasing if the US dollar is weakening while the Singapore dollar is strengthening,” said Mr Albert Fong, president of The Society of Remisiers. |
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| 15-Sep-2010 10:52 |
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DOW & STI
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SGX to quote ADRs of Chinese firms Ephraim Seow ephraimseow@mediacorp.com.sg SINGAPORE The Singapore Exchange (SGX) said yesterday it would launch the American Depository Receipts (ADRs) of these companies on Oct 22. ADRs are certificates that represent a specified number of shares in a foreign stock traded on a US exchange. They are denominated in US dollars, with the underlying security held by a US financial institution overseas. As a start, SGX will quote ADRs of 19 firms on its new GlobalQuote board. Besides PetroChina — currently the world’s second-largest listed company after Exxon Mobil — the others include Chinese language Internet search giant Baidu and the world’s biggest telco, China Mobile. SGX said the move marked the start of its cooperation with Nasdaq OMX to bring ADRs to GlobalQuote. It will link market participants from both trading pools, with the ADRs on GlobalQuote fully interchangeable with US-listed ADRs. BNY Mellon is the depository bank for SGX’s GlobalQuote. If it proves popular, the exchange may extend the platform to the ADRs of South Korean, Taiwanese and Indian firms, SGX executive vice-president Chew Sutat said. Industry experts welcomed the move, saying the ADRs are a good product with which investors can diversify their portfolios. ADRs could also be a more efficient and cost-effective system since investors here do not have to open a separate trading account and incur additional broking fees, they said. However, they expect a slow initial subscription rate. “It may take about half a year for investors to know the way around the trading system and understand the companies they are buying into. The take up rate also depends on the marketing of these firms and the accessibility of research information,” noted Mr Roger Tan, vice-president of Sias Research. Analysts also warn investors to be aware of the risks related to investing in ADRs. “Beyond the regular risks of equities trading, there is the added currency risk. Even if the shares appreciate, the overall value may be decreasing if the US dollar is weakening while the Singapore dollar is strengthening,” said Mr Albert Fong, president of The Society of Remisiers. — Singapore-based investors will soon have the opportunity to trade in shares of some of the large Chinese firms listed in the United States, such as PetroChina and Baidu, during the Asian time zone. |
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| 15-Sep-2010 10:37 |
Genting Sing
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GenSp starts to move up again
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I used POEMS 2 years agO but did not have this stopped due to pOOr servIce
which Level ? pro-trader ?
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| 15-Sep-2010 10:34 |
Genting Sing
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GenSp starts to move up again
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赢
大鱼大雨
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