Post Reply
41-56 of 56
WE REFER to Mr Tan Kah Poh’s letter “Imposter got away” (April 6). We require anyone who suspects his identity card has been fraudulently used to sign up for mobile lines with M1 to make a police report to safeguard his own interests and to enable us to initiate an internal investigation.
In the January case involving Mr Tan, we were able to verify his claim based on his police report and our own investigations. As a result, Mr Tan was absolved of all liabilities related to the mobile line subscriptions and the case was closed.
We confirm that another attempt at using Mr Tan’s IC to sign up for mobile lines was detected by our sales staff last month.
Our staff managed to retain the IC and Mr Tan was immediately informed. This case is now under police investigation.
We have an identity verification process in place at our retail outlets, which includes visual checking of identification documents and verification with other information sources. This has been effective, but we will continue to make improvements where possible.
We thank Mr Tan for his feedback and assure him we will work closely with the police whenever required to assist in their investigations.
Letter from Geraldine Lai , Senior Manager , Corporate Comm unications , M1
JUST LOOK AT PHOTO ON THE CARD
I REFER to “Imposter got away” (April 6)
The least service providers can do is to take a cursory look at the photograph on any IC when making a photocopy of it — a common practice — to ensure that the customer’s face bears a resemblance to the photograph on the IC.
The letter reminded me of a report in which a journalist went undercover to make a purchase, signed “Superman” as her signature, and got away with it.
and wonder how the culprit got away with transactions at M1 and a car rental company when the “lost” identity card carried a photograph of its rightful owner.Letter from Chin Kee Thou
pharoah88 ( Date: 08-Apr-2010 13:58) Posted:
|
VOICES today Thursday April 8, 2010 page 12
Ways to prevent fraud
Letter from Anton Chan
I REFER to “Imposter got away” (April 6) and support the call by Mr Tan Kah Poh to improve the identity verification process to prevent fraud by culprits using stolen identity cards (IC) or credit cards.
In Canada and Australia where I lived and during my frequent travels to Europe and the United States, I would be asked to show another form of identification, such as my passport or driving licence if I wanted to use a credit card to pay for any purchases.
This is to ensure that the credit card I wanted to use belonged to me.
Unfortunately in Singapore, most vendors are more interested in closing a sale rather than verifying the identity of the customer.
Maybe some form of legislation will be required to enforce dual identification to prevent fraud and promote integrity and confidence for
transactions in Singapore.
Mr LIM Kian Lee would make a
BETTER MINISTER OF TRANSPORT ?
pharoah88 ( Date: 08-Apr-2010 13:26) Posted:
|
I READ with interest the feedback on the Certificates of Entitlement (COE) scheme.
One fairly simple suggestion which I hope the Government can consider is a “dual system” where a car owner can replace his or her old car with a new one without the need to bid and pay for a new COE, while new and second or multiple-car owners would continue having to bid for their COEs.
This would meet several objectives.
Our vehicle population has kept apace with population growth and there is already a reasonable stock of vehicles. The proposed system would still allow policymakers to monitor and control growth to keep within annual targets.
Those who really need to own a car for personal, family or work-related reasons would not be placed at the mercy of market forces and forced to pay exorbitant COE premiums when they need to replace their old cars.
Instead, the system would be tailored to rightfully address those who can afford a second (or more) car.
To qualify for the COE waiver, it could be stipulated that car must be a minimum age — say, three or five years old — before the owner can scrap it and get a replacement.
The COE waiver could be restricted to one car per owner. Those who want to scrap and replace a car before the minimum period, or who want a second car, would have to join the bidding for a COE.
With fewer car owners bidding, COE prices would not be under pressure to escalate alarmingly.
Instead, there could be a downward trend instead.
This vehicle-replacement approach could be extended to company-registered vehicles too, and it would help to reduce business costs.
As for those who give up car ownership, their deregistered vehicles can be fed back into the COE quota, as is being done.
Tweaking the COE system in such a tangible and equitable manner not only benefits tax-paying Singaporeans and residents, but also helps to contain the cost of living for households, reduce business costs, keep the economy competitive and reduce the persistent grouses about the exorbitant cost of car ownership in Singapore.
The benefits will far outweigh any reduction in COE revenue.
TODAY ONLINE Page 14
Thu: 8 APRIL 2010
Ideas on COEs
Reader has suggestions about revamping system
Letter from Lim Kian Lee
Nice one Andrew. Those who dont invest in learning the mechanics of the COE will 'suffer' unless money is NO issue.
Having said that, this is nothing new really. Its a 'loop hole' in today's system in which the dealers/car traders have been keeping mom about it but I think its legit if they are willing to take a risk in buying COE at a low price and sell hgher later. Likewise when they run out of low COE, they will also have to risk buying slightly higher knowing that COE may drop. But their system always advantage them.
The only time I change my car is when the COE is low. I just did recently ( sub 8K). So when I buy there and then, I buy the car I like with my heart not my head. So I am happy about owning a very very nice car now with a low COE. The next time when I change, is also the time when the COE is low (hopefully it will come again with someone's system invention system mistake). While waiting, I'll just drive and enjoy my nice car with happy feeling. :p
So yes, buy a car with your heart not your head but do wait for COE to be cheep~.
It is happening now......sell car at 5K cheaper but use CAT E - Immediated Delivery. No TOPUP No REBATE. Buyer didn't know until registered using CAT E 3 month ago. Dealer make another 5K at your expense. BEWARE.
Interested and Potential Car buyer should wait for a good deal lor. ASK if in doubt...PUT everything in BLACK & WHITE....IN DETAIL.. IF STILL IN DOUBT DON'T SIGN ..Buying a car should not be like goto Casino......
Visit LTA or OneMotoring.com.sg to find out the Car Cost.
I always REQUIRE dealer to bid ONLY CAT B. NO CAT E !!!!!
should the S$18,000 be CONFISCATED ????
should the Car Dealer be FINED for
COE PROFITEERING ????
pharoah88 ( Date: 04-Apr-2010 13:51) Posted:
|
Ministry of TRANSPORT has the Obligation
to ensure that Singaporeans bear
the LEAST COST in TRANSPORTATION
being the World's 1st in:
- TRANSPORTING COST EFFICACY
- TRANSPORTATION EFFICIENCY
- TRANSPORT SCALE ECONOMY
- TRANSPORT MINISTRY PROFICIENCY
the Sunday Times 4 APRIL 2010 Page 10 home
End of the road for budget cars ?
COE trading: Car dealer makes S$18,000 in One COE
COE is like a Six-Month Share Settlement Contract ????
can share trader so easily make S$18,000
for a 1,000 Shares Settlement Contract ????
sO what are the Function and Objective of COE and COE Bidding System ????
tO prOvide an UNFAIR and UNJUST advantage
for Car Dealers to make "INSIDER PROFITS" ????
Sure COE BIDDING SYSTEM
INFLATES HIGH COST OF LIVING and
DRIVES HIGH INFLATION in the ECONOMY
as well as LOWERS LIVING STANDARD for the PEOPLE.
SPEAK accurately in STATISTICS, FACTS AND FIGURES.
DON'T SWEEP STATEMENTS with MORE or LESS WORDS
SHOW the COE NEW FORMULA JUSTIFICATION REPORT
instead of arguing in own personal opinions ????
pharoah88 ( Date: 04-Apr-2010 13:32) Posted:
|
The Straits Times Saturday, 3 APRIL 2010 Page A36 fOrum
OLD fOrmula dOesn't mean mOre COEs
by Phua Hooi Boon
Director (Land Transport Division)
Ministry of Transport
* * * * * * * * * * * * * * * *
I REFER to Mr tan Jiaqi's letter,
"COE price hike: Govt not entirely right", on Wednesday.
Mr Tan asserts that the new fOrmula for COE quota,
which comes into effect this month,
was on reasOn for the rise in COE prices
in the recent bidding exercise last month.
....
SINGAPORE AIR QUALITY had gotten from wOrse tO WORST.
SINGAPORE AIR QUALITY is nOw 3rd WORLD ? ? ? ?
For DECADES, COE BIDDING SYSTEM had PROVEN that it DID NOT TERMINATE TRAFFIC JAMS and CAR POLLUTION.
COE BIDDING SYSTEM is Complacent Incompetent Negligent Exuberant [CINE]
It increases CAR PRiCES, BUS COST, DELIVERY TRANSPORT COST, COST OF LIVING, FOOD COST, PROPERTY COST, HOUSING COST, LABOUR COST, MULTI-LEVEL INFLATION.
BIDDING by AGENCY rather than CAR BUYERS causes COE SPECULATION and COE PROFITEERING.
FIXING CAR PRICE WITH COE TO BE BIDDED rather than with CURRENT COE STOCK-IN-HAND promotes HOARDING INFLATION and further BIDDING OF HIGH COE PRICES to GAIN SURPLUS SUPERPROFIT from existing COE INVENTORY.
COE is the 4th HIGHEST INTERNAL INFLATION DRIVER.
Current BIDDING SYSTEM discriminate the less endowed Singaporeans.
It FAILS to fulfill GOOD GOVERNANCE
for being OPEN FAIR JUST TRANSPARENT
QUEUEING and BALLOTING SYSTEM LIKE THAT OF THE HDB is:
OPEN FAIR JUST TRANSPARENT
fulfilling all four PILLARS of GOOD GOVERNANCE.
WITH the recent tweaks to the COE quota, the prices of cars have risen. I have a couple of suggestions to help take some of the frustration out of the equation for potential car buyers.
First:
The price of a car should not be bundled with the COE quota premium.
The current system enables car sellers to speculate on the COE price.
With a cut in the number of COEs, the total supply in the number of new vehicles will correspondingly drop. As such, car retailers should maintain or reduce the price of their vehicles if they want to maintain equivalent market share — not raise prices.
[MARKET ECONOMIC DISTORTION]
It should only be the COE price which fluctuates according to demand.
The fact that they are able to raise the price of their vehicles in anticipation of COE price rises which may not take place shows that the cost of the COE system tweaks is being absorbed entirely by consumers.
[COST OF LIVING AND INFLATION DRIVER]
Second:
When you walk into a showroom and put down the deposit on a car, you have entered into a binding contract to buy the car. Yet, you are not even certain of getting a COE to support that purchase, due to the current bidding system.
[sub-PRIME BIDDING SYSTEM]
Why not have the system require that you must first purchase and produce a COE
This would take the uncertainty — as well as the grey area which allows car firms to take advantage of fluctuating COE prices — out of the process.
before you can purchase a vehicle?VOICES Page 18 Friday April 2, 2010 TODAY ONLINE
Why not require COE purchase
before you can buy a car?
Letter from Johnnie Chia