more than 50 new lambos already pre-ordered?
Report: More than 50 Lamborghini Aventadors already ordered in Singapore alone — Autoblog
Report: More than 50 Lamborghini Aventadors already ordered in Singapore alone — Autoblog
Rich Sporeans
- Thread starter Niva
- Start date
delrosa81
Well-Known Member
Re: Rich Sporeans
It means our economy is really doing well for the Singaporean Elites and the Expats. Still it should be a good thing isn't it? A country that is so small and the buying power is quite good or should I say the elites now are more into Charging Bull rather than the Prancing Horse??
It means our economy is really doing well for the Singaporean Elites and the Expats. Still it should be a good thing isn't it? A country that is so small and the buying power is quite good or should I say the elites now are more into Charging Bull rather than the Prancing Horse??
Re: Rich Sporeans
Manageable higher road usage benefits the coffers of the consumption tax (ERP) collectors. Jams and accidents formed the tougher-to-manage part of their gameplan. But hey, as long as your boss is not on the road during peak hours, your KPI will be met !!! Easy to present a picture of smoother flows based on abstract statistics like average speed on CTE and what not.
As for ownership, credit risk involving over-leveraging is handled by consumer banks. Road tax is paid for to the tax collectors again. More cars, no harm to them, as long as the road consumption pattern is manageable.
Manageable higher road usage benefits the coffers of the consumption tax (ERP) collectors. Jams and accidents formed the tougher-to-manage part of their gameplan. But hey, as long as your boss is not on the road during peak hours, your KPI will be met !!! Easy to present a picture of smoother flows based on abstract statistics like average speed on CTE and what not.
As for ownership, credit risk involving over-leveraging is handled by consumer banks. Road tax is paid for to the tax collectors again. More cars, no harm to them, as long as the road consumption pattern is manageable.
wt_know
Well-Known Member
Re: Rich Sporeans
don't quite agree in this statement. the problem at wall street is because every bank is not doing their job in risk assessing. when it comes to "conflict" kpi .... risk or revenue ... one tends to go for another ... no need to guess
that's why regulation is required to step in. another quote that i read is the problem with BP oil spilled is project risk is self regulated by corporation (aka risk assessment). but again when KPI comes in .... risk vs profit ... which one got priority. BP oil spill is labeled as one of the major man made disaster for 2010 with shoddy work and extremely high risk
don't quite agree in this statement. the problem at wall street is because every bank is not doing their job in risk assessing. when it comes to "conflict" kpi .... risk or revenue ... one tends to go for another ... no need to guess
that's why regulation is required to step in. another quote that i read is the problem with BP oil spilled is project risk is self regulated by corporation (aka risk assessment). but again when KPI comes in .... risk vs profit ... which one got priority. BP oil spill is labeled as one of the major man made disaster for 2010 with shoddy work and extremely high risk
kenntona;599872 said:
Re: Rich Sporeans
car loans is small factor of bank loans so of cse they simply lend & not bothered with bad loans. Property is the major interest income & since properties are a sensitive & political factor, MAS wld regulate.
pls dont compare car loans to property or energy industries, ikan bilis vs whale.
car loans is small factor of bank loans so of cse they simply lend & not bothered with bad loans. Property is the major interest income & since properties are a sensitive & political factor, MAS wld regulate.
pls dont compare car loans to property or energy industries, ikan bilis vs whale.
Re: Rich Sporeans
Take huge loan with close to 2 percent flat rate on 1mil plus supercar with exponential depreciation is just plain stupid..
People want face that much?
Then again u see the kind of car kenna re-po.. Sometimes u also wonder what's going on in the guys" mind
Take huge loan with close to 2 percent flat rate on 1mil plus supercar with exponential depreciation is just plain stupid..
People want face that much?
Then again u see the kind of car kenna re-po.. Sometimes u also wonder what's going on in the guys" mind
