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1,289 5th Gear

About frenchfly

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  1. frenchfly

    CHC Trial Matters Part 2

  2. frenchfly

    Grab/Ryde issues and charges

    grab just got fund injection thus accounts books for the next 1 year would need to look good Technology Grab attracts S$2.7b in investments from Didi Chuxing, SoftBank image: data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw== File photo of Grab cars. (Photo: Grab) 24 Jul 2017 11:35AM (Updated: 24 Jul 2017 05:15PM)Share this content197 shares SINGAPORE: Ride-hailing company Grab on Monday (Jul 24) announced up to US$2 billion (S$2.7 billion) will be raised from China's Didi Chuxing and Japan's SoftBank in its latest financing round. Grab added in a press release that it anticipates to raise an additional US$500 million to bring the total to US$2.5 billion from existing and new investors, which it claims to be the largest single financing ever in Southeast Asia. "Grab is establishing a clear leadership in Southeast Asia’s Internet economy based on its market position, superior technology, and truly local insight," said founder and CEO of Didi Chuxing Cheng Wei. "By deepening our strategic partnership, Didi Chuxing and Grab reaffirm our shared commitment to innovating localised solutions to global urban development challenges from the world’s fastest growing marketplaces." This sentiment was echoed by chairman and CEO of SoftBank Masayoshi Son, who said in the press release that Grab is a "tremendously exciting company in a dynamic and promising region" and it is excited to deepen the partnership. This is not the first time SoftBank is investing in the ride-hailing company, leading the funding round last September as well as reportedly pouring in US$1 billion in March this year. Advertisement DRIVING INTO MORE SECTORS Building on soaring user numbers of its Grab ride-hailing app and GrabPay function, the five-year-old start-up aims to transform into a consumer technology firm that also offers loans, electronic money transfer and money-market funds. Grab bought Indonesian payment service Kudo earlier this year, and has said it is seeking more acquisitions to support rapid growth. Grab competes with the likes of Uber, the world's largest ride-hailing service, and Indonesia's Go-Jek in Southeast Asia, which is fast becoming a battleground for startups vying for the attention of about 600 million people. Tencent Holdings invested around US$100 million to US$150 million in Go-Jek, sources told Reuters earlier this month. Grab's fundraising comes at a time when San Francisco-based Uber has been beset by complaints about its workplace culture, a federal inquiry into software to help drivers avoid police, and an intellectual property lawsuit by Waymo, the self-driving car unit of Google parent Alphabet. Grab's previous investors include sovereign wealth fund China Investment Corp, hedge fund Coatue Management, venture capital firm GGV Capital, and Vertex Ventures Holdings - a subsidiary of Singapore state investor Temasek Holdings. Source: CNA/Reuters/kk
  3. Looking for end 08 honda or toyota mpv Kindly pm if you have
  4. frenchfly

    Watches IV

    selling explorer 2 with rubber strap included $$$5250. buyer can meet at rolex centre to verify at his own expense price is firm. anyone keen pls pm thk
  5. frenchfly

    Private property prices... Up or Down?

    Govt will relook property cooling measures when risks are 'less or manageable': Shanmugam Mr Shanmugam said the Finance and National Development ministers would relook the policies when they deemed the risks to be "less or manageable".PHOTO: BERITA HARIAN Published3 hours ago SINGAPORE - The Government will relook the property cooling measures when the risks are "less or manageable", Home Affairs and Law Minister K Shanmugam said on Wednesday (Feb 3). Mr Shanmugam, who fielded questions at a dialogue with property agents at a conference held by ERA Realty, was asked when the Government would lift property market cooling measures. He would only say: "We have a rough idea of when to change, but that doesn't mean that we announce it." Cooling measures such as the Additional Buyer's Stamp Duty and Total Debt Servicing Ratio aim to prevent systemic risk in the banking system, avoid the danger of the property market overheating and crashing, and protect Singaporeans, said Mr Shanmugam, who also observed that he was not in a position to make such announcements unilaterally. When the Finance and National Development ministers judge that the risks are "less or manageable", then they will relook the policies, he added.
  6. frenchfly

    Any bro from hokkien huay kuan??

    i bet my last dollar. 1 is citizen. 1 is pr anything happens can still go back
  7. frenchfly

    SIBOR rates and home loan repricing

    a sign from the white heavens ? that the doors of flooding are opening up again? Life after Singapore The recruiter from China 1 Mr Wang at Luoyang New- Link's branch in rural Songxian. As the firm's vice-general manager, he makes two to three times as much as he did in Singapore. PHOTO: OLIVIA HO Mr Wang Cheng Jun with his wife Zhang Limin, who works as a nurse in Singapore, and son Zi Hang during an outing here in November last year.PHOTO: WANG CHENG JUN PublishedDec 13, 2015, 5:00 am SGT He did well in Singapore but returned to China to care for his young son. His career has taken off. The catch? His wife stayed in Singapore Olivia Ho In Luoyang (Henan) The most difficult choice that Chinese national Wang Cheng Jun ever had to make was leaving Singapore. Mr Wang and his wife Zhang Li- min, also from China, had spent three happy years working and living together in Singapore. He was a recruitment agent, initially as an S Pass holder before gaining an Employment Pass, and she was on an S Pass as a nurse. But the birth of their first son in 2013 turned this life upside down. Mrs Wang went back to China to give birth to Zi Hang in the couple's home province of Henan. The family planned at first to return to Singapore together. Then reality hit: the couple realised that they could not raise their child in the country they wanted to call home. This was because of their long working hours, and under their S Passes, their salaries were not high enough to allow them to bring in dependants like Mr Wang's mother, who could take care of the baby. JOB AND FAMILY PROFILE NAME: Mr Wang Cheng Jun, a.k.a. Wayne AGE: 33 HOMETOWN: Xinxiang, Henan, China FAMILY: Married to Zhang Limin, 32, a nurse in Singapore. They have a two-year-old son, Zi Hang. LIVED IN SINGAPORE: 2010-2013 JOB IN SINGAPORE: General desk manager at a recruitment firm WORK PASS: S Pass, later Employment Pass CURRENT PLACE OF RESIDENCE: Luoyang, Henan, China CURRENT JOB: Vice-general manager at a recruitment firm ADVICE TO OTHER MIGRANTS: "Incomes are better there, but gaining training and experience is more important. There is nothing like having to survive in a strange place where you have nobody but yourself to rely on. If you do come back, you will be miles ahead of your peers who never left." The S Pass is meant to help meet companies' needs for mid-skilled foreign manpower, bridging the salary gap between Employment Pass (EP) holders and Work Permit holders. There are about 173,800 S Pass holders in Singapore, making them the smallest of the four work pass groups here. S Pass holders can be found in a wide range of jobs, including construction site supervisors, technicians, restaurant managers and dancers. The minimum monthly salary to qualify for an S Pass is $2,200, which has been raised steadily from $1,800 in 2011. S Pass holders also have to have a degree or a diploma. Under a new tiered system introduced in 2013, older and more experienced S Pass applicants will need to qualify at higher salaries. S Pass holders are counted within a company's work permit quota and are capped at 20 per cent of the company's total workforce. This excludes the services sector, where the quota was cut to 15 per cent in 2013 to curb the influx of S Pass workers there. In the end, Mr Wang decided to move back to China to take care of the baby boy. It would be easier for him to find a better job back home, he reasoned, and his wife could stay in Singapore as a nurse, a job she could not bear to give up. Two years later, the 33-year-old has become second-in-command in a recruitment firm based in Luoyang, Henan, sending out Chinese workers to Singapore. As vice-general manager of recruitment firm Luoyang New-Link, he could now be said to be on equal footing with those he used to work for in Singapore, and estimates he earns easily twice to three times as much as he did then, which was around $3,000 a month. However, he still misses Singapore - its standard of living, its orderly traffic, how one could easily take a weekend getaway to Bali or Bintan, and the fact that spitting on the road is frowned upon. He is also painfully conscious that raising his son apart from his wife is getting tougher. Mr Wang told The Sunday Times in Mandarin: "I have never thought as hard about anything as I did about leaving Singapore. It was the hardest decision I have ever made in my life." NOTHING TO LOSE With more than three years of work experience in Singapore under his belt, Mr Wang had his pick of job offers when he returned to China. However, he chose to become a shareholder partner in Luoyang New-Link, a small agency in Henan. Located in central China, south of the Yellow River, Henan has more than 94 million inhabitants. Mr Wang was born in a small town two hours away from the city of Xinxiang in northern Henan. His parents were wheat farmers. Before he went to secondary school, he had never seen a computer. Before he went to Shandong University, he did not own one. Mr Wang graduated with a bachelor's degree in foreign language studies - he had learnt English and Japanese - and began working as a recruitment agent for a textile export company in the seaside town of Weihai. He married his university sweetheart in 2008, but Mrs Wang was restless in Weihai. She disliked the life of a nurse in China, with its long overnight shifts and poor work-life balance. "There's also the need to have connections," the 32-year-old said. "China is a giant network of connections. "Getting promoted is not really according to your abilities. It was a big headache for me. I could not play their game." When the opportunity to work as a private nurse in Singapore cropped up in 2008, Mrs Wang jumped at it. By 2009, she had moved to the National Kidney Foundation, where she still works today. Mr Wang remained in his job in Weihai until he was able to follow her a year later, after he was approached by a Singapore agent who needed urgently to fill a vacancy at a recruitment firm. He admitted that he did not really think it through, but he was young and felt he had nothing to lose. His bravado flagged only once, when he said goodbye to his childhood friend before boarding a bus to the airport. "It hit me that I was leaving a familiar, safe place to go to a totally strange environment," he said. "I started crying uncontrollably." In Singapore, the couple lost a lot of weight - Mr Wang estimated he dropped about 10kg because he had no friends to go out and eat with - but gained in other ways. Within a year of his arrival, he had moved to recruitment firm People Worldwide Consulting as a general desk manager and had been upgraded to an Employment Pass, which was for those who earned $2,800 or more a month back in 2011. BECOMING A FATHER SUDDENLY When his son was born in Xinxiang, Mr Wang was on a plane from Singapore to China - but not for the birth. Instead, he was headed to Shanghai for a major recruitment project. Shortly after he boarded the plane and switched his phone off, his wife went into labour. Mr Wang recalled: "While she was giving birth, I was flying through the air, clueless. It was only after I landed that I turned on my phone and saw all these messages. "I had trouble believing it at first. I got off that plane and suddenly I was a father." Even then, it was many more hours before Mr Wang could wrap up his business in Shanghai and fly to Xinxiang to see the new mother and child. "I couldn't abandon my client," he said. "My wife's relatives were there, my relatives were there, everyone was there - except me. This is something I regret very much." Within a few months of Zi Hang's arrival, the couple had to return to Singapore to continue working, leaving him behind in China in the care of Mr Wang's 60-year-old mother. But he said: "My wife was worried every day. She feared my mother wasn't taking care of our son well. Every day, we would fight over the smallest things, where we never fought before. She would cry all the time." Mr Wang realised something had to give. By the end of the year, he had returned to China. He said: "I don't see it as a sacrifice. My son's existence prompted me to make a decision, and so far I think it has been a good one." He added: "If my wife can get permanent resident status, we can live together in Singapore again some day. We want to send our son to school there, because the education system is better than China's. In a way, my wife is staying in Singapore for the sake of our son's education." Zi Hang is now two years old. He is vaguely aware that his mother is in a faraway place called Singapore, accessible sometimes by the phone app WeChat. "We call her and I show her the cars Papa has bought me," he mused in Mandarin. "Or I tell her stories. I sing her songs they teach me in class." Talking about the separation of her family brings tears to Mrs Wang's eyes. She said: "Sometimes I wonder if I am selfish. "If I gave up my job here, I would always regret it. I like my work here. I'm used to life here. "But this time, when my child is small, this is a time that I will never be able to get back. I don't know how long we can continue like this." THE SINGAPORE DREAM Mr Wang may have had to leave Singapore, but through his work at Luoyang New-Link, he tries to give his countrymen the opportunity to walk in his footsteps. Many of those who apply to Luoyang New-Link hail from the countryside. To reach out to these people, the company has a branch office in the rural town of Songxian, to which Mr Wang drives for more than an hour from central Luoyang every other week. When the bridge to Songxian is blocked, he has to make a bumpy detour through a nearby village, a maze of narrow, muddy roads lined with hole-in-the-wall houses, rows of dark cabbages larger than a man's head, and gourds strung up to dry in the winter wind. "This village is the kind of place where many of our people come from," said Mr Wang, who was in Songxian last month to give a talk to the families of those he has placed in Singapore. Eager for updates on their loved ones, a crowd of about 60 thronged a draughty auditorium to watch, rapt, as Mr Wang showed them PowerPoint slides filled with glossy photos of Singapore's skyline, its public transport system, and of beaming Chinese workers in service uniforms. One of about 900 licensed agents in China, Luoyang New-Link sends between 400 and 500 workers to Singapore a year. Most of these come in as work permit holders. They take up jobs as bus captains or casino croupiers. They work in factories, man fast-food counters, even clean stables. The firm takes a cut of two months' salary from the workers they place, which Mr Wang estimated could be between $2,000 and $4,000. He is aware of the resentment that some locals feel towards foreigners who they believe are taking their jobs. He maintains, however, that the jobs he fills are not those that locals want to begin with, which is why companies turn to foreign recruiters. His business partner Zhao Wenhao, 29, said it was Mr Wang's experience in Singapore that made him the right fit for the job. "To have this kind of international experience in a place like Luoyang is rare. "When he deals with the Singapore agents, he knows their expectations and can communicate with them very clearly. Based on his own experiences, he can also brief the workers well before they go over. Said Mr Wang: "I like to think I am helping people change their lives by going to Singapore. I had that chance, and I changed myself. If there is one thing I regret, it is that I did not come to Singapore when I was even younger. "I always tell the people I send - don't let your dreams stay dreams." A version of this article appeared in the print edition of The Sunday Times on December 13, 2015, with the headline 'Life after Singapore The recruiter from China'. Print Edition | Subscribe Topics:
  8. frenchfly

    Major ops at JB woodlands checkpoint

    California shooting: Suspects identified as Syed Rizwan Farook and Tashfeen Malik 1 of 17 PUBLISHED1 HOUR AGO UPDATED1 HOUR AGO 1,163 SAN BERNARDINO, CALIFORNIA (REUTERS, AFP) – The armed couple who were suspected of killing 14 people in a mass shooting in California and later shot dead in a shootout with police were identified as Syed Rizwan Farook, 28, and Tashfeen Malik, 27, described as possibly married or engaged. San Bernardino Police Chief Jarrod Burguan said Farook was a US-born county employee who had attended a holiday party at the Inland Regional Centre, a social services agency, and later returned to open fire on the celebration, killing 14 people and wounding 17 others.. He said Farook and Malik were believed to be the only shooters involved in the rampage, which ranks as the deadliest burst of US gun violence since the December 2012 massacre at Sandy Hook Elementary School in Newtown, Connecticut. He said the motive for the shooting remained unclear. The couple were armed with assault rifles and handguns and were dressed in “assault-style” clothing. Authorities had earlier detained an individual seen running away from the vehicle which the couple used, but investigators could not say if that person was involved in the case.
  9. hi please PM me I have a 06 oct Honda that needs to scrap thank you
  10. frenchfly

    Watches IV

    he become watch dealer?
  11. frenchfly

    Najib Announce VEP for Spore cars!

    there are some who dont use their brains to think one. backside itchy one, just cannot keep quiet
  12. frenchfly

    Petrol Price Movement in Singapore

    Where to get spc vouchers