TCS keep talking cock
- Thread starter Puny
- Start date
kenntona said:
in singapore, there is an authority (watchdog) overseeing and the advertising rights and ethic.
MITA is the watchdog for all prints and MDA is the authority for airtime which includes radio and TV.
if you flip through these advertisments, please read between the lines.
they are not allow to promise or to swear that they can lose your weight but they can help you to lose your weight.
again, theare certain rules and regulations for advertisers to adhere and if any violation occurs, the mag or papers will be questioned and advertisers might face certain penalty and it applys to the media owners.
thanks
Winston said:
SBC - singapore broadcasting where 'di ba po tao' shows xing bing siao chuan', 'siao fei yu' and 'the net, wuan chong ren' starring chow weng fatt.
TCS - Television corporation of singapore where channel 8 shows the 'kopi o' and 'golden pillow' starring fann wong.
Mediacorp - channel 8 happy fish, channel 5 SI.
so, i think i see a very big diff from e above.
thanks
Bro, the caveat emptor term does not necessary apply in a general sense. Just read the headline of ST this morning, and you will understand why MAS has to step in to regulate the financial market. It is like pitting the banks against the laymen. MAS has to give the laymen some handicap.
Sadly, some segments of the consumer are still too ignorant about certain product claims, and require an independent body to protect them.
The deceptive methods of advertising has to be stopped.
Sadly, some segments of the consumer are still too ignorant about certain product claims, and require an independent body to protect them.
The deceptive methods of advertising has to be stopped.
Winston said:
bro, deceptive advertisments are more controlled these days and i think as a consumer, we should always stay prudent when it comes a decision on purchasing.
CASE gets very tough with scams but if a consumer goes to CASE and say, ' i fork out $10k for some unit trust with a bank and now i lost all my money in it, can you help me?' what you guys think?
but you see.. the way the banks advertise is that do not do a full disclosure of all the costs and charges involved in the unit trusts... they can say I guarentee you a 2% return on your money but what they don't say is is that they charge you 3% admin and mgt fee... heheh
mart said:
Bro, a deception is a deception. If a bank teller unstates the risks of a financial product and peddle it to an old lady who has no knowledge of the bare essentials of finance, who's gonna step in? CASE will not bother, unless some rhetoric are blown across the media. MAS stands to lose out as a regulator if these cases are left to their own devices.
Which reminds me of the pressure-selling tactics of some time-share programs. It is good that now you have 3-days cooling-off period......
I'd believe most consumers are educated and prudent. But under various circumstances, especially when information is assymetrical, consumers tend to be "pressured" into making a commitment which is longer-term in nature. This is made worse when there are "fine prints" in the contracts which is legible only to the legal-trained.
Ask yourself - when was the last time you spend the entire night reading through all the clauses and disclaimers in an account opening form, or a visa card application form?
MRacer77 said:
bro, i totally agree with you.
let me state an example;
buyer went shopping for a house.
he got a budget of $90k in cash and $90 in cpf to pay for the DP.
he bought a unit at $800k.
his commitment - $160k DP.
cash - $80k, cpf $80k.
so while he was shopping, i think he would done his homework knowing that besides the above mentioned, he needs to pay for stamp fees and legal fees etc.
when he confirmed the purchase, he would ask questions like what is the stamp fees like and how much is legal fees for a unit that cost $800k, etc.
bank says minimum guarantee 2% return, but did they say by when?
even if they do, there is always a disclaimer clause below every ad that says: subject to terms and conditions or to change without prior notice, etc.
and that disclaimer itself served a big purpose and it protects the advertiser when dispute or miscommunication surface between consumer and advertisers.
thanks
Racebred
Core Group Members
hey mart, good points, but then we've got no beef with the artistes themselves. it's the "advert" that is misleading. With that, a formal guest appearance from Fiona Xie at our next meetup would be in order. pls arrange, thanks.
the segment is made into an "educational" piece, like those adverts where they teach kids to rest their eyes after using computer for too long, stop speeding or a car will crash into a manequinn, stop smoking or when you cut up a lamb's brain blood will ooze out.
so people DO take these advices, as the advert is made more genuine by NOT mentioning that you should pump Shell only. It's disguised by being generic.
So people will come to think that their fuel tanks are still made of metal like in the 1850s and will rust if not pumped to the brim. This is a gross case of misinformation. The other 2 points of shutting off engine when not in use, and accelerating like a guniang are still valid though.
the segment is made into an "educational" piece, like those adverts where they teach kids to rest their eyes after using computer for too long, stop speeding or a car will crash into a manequinn, stop smoking or when you cut up a lamb's brain blood will ooze out.
so people DO take these advices, as the advert is made more genuine by NOT mentioning that you should pump Shell only. It's disguised by being generic.
So people will come to think that their fuel tanks are still made of metal like in the 1850s and will rust if not pumped to the brim. This is a gross case of misinformation. The other 2 points of shutting off engine when not in use, and accelerating like a guniang are still valid though.
kenntona said:
bro, hmm..i read every fine print when i purchase or apply for anything in general.
but, like what you said, it will be unfair to the older folks who are not so literate or can hardly read that 2pt font size behind or within the contract and these pool of consumers are the one who will be preyed on.
