Read more at https://www.channelnewsasia.com/news/singapore/nets-services-down-resume-after-hour-long-disruption-9920872
(Updated: )
Isham Atan ·
And yet there are talks of going cashless???????
Ricky Lim ·
ATM to withdraw cash is not machine?
It will not breakdown?
It will not breakdown?
Like · Reply · 1m
Janice Chin ·
Ricky Lim ·
Wonder who will bring briefcase of cash everywhere they go to buy things and pay in cash?
Like · Reply · 1m
Isham Atan ·
Ricky Lim so far never seen anyone bringing a briefcase of cash for shopping or dining.maybe u'r the 1st.yes atm might breakdown but at least there r branches n other atms.
"Hello, your NETS not working. No Ez Link yet. I didn't bring my mobile out. You wait? I go ATM and draw out the cash and then pay you over the cash register?"
Ricky Lim ·
If NETs breakdown, use credit or debit card paywave.
If both breakdown, use QR code mWallet.
If ATM breakdown, no cash.
If all breakdown, give cheque.
There are so many mode of payment.
If both breakdown, use QR code mWallet.
If ATM breakdown, no cash.
If all breakdown, give cheque.
There are so many mode of payment.
Like · Reply · 1m
Ricky Lim ·
If everything also pay cash, when you carry not enough cash how?
Oh wait wait, malu lah - I need to go ATM to "poke poke" for cash.
But wait, need to buy a briefcase first to keep all the cash....
Oh wait wait, malu lah - I need to go ATM to "poke poke" for cash.
But wait, need to buy a briefcase first to keep all the cash....
Like · Reply · 1m
Ricky Lim ·
Ricky Lim ·
Go online eShopping to buy cheap stuff --- sorry you got no cards ah, you want pay cash - cannot buy.
Like · Reply · 1m
Janice Chin ·
@Ricky Lim, Buy a briefcase to keep all the case? I "poor church mice", don't have so much cash to put inside a briefcase. Ha.
Ricky Lim ·
Janice Chin - Then in this case, alot of restaurants, shopping centres, tours, car showrooms, jewelleries, golf course, computer shops, smartphone shops, watch shops etc all close shops if everyone use cash if you don't bring briefcase.
Like · Reply · 1m · Edited
Ricky Lim ·
Ricky Lim ·
Singapore Economy if use your method - will be poorer by multiple fold if everyone use cash instead of cashless.
And the cost for Singapore to print cash, mint coin - manage, distribute, dispense, transport, security etc will be exponential.
Overall Singaporeans will enjoy a lower standard level of living - due to higher cost of printing cash, lower economic activities --- and Singaporeans will not boast of high income based on your proposition.
Any transactions above thousand dollars will not happen. And Singapore economy will be dead !
And the cost for Singapore to print cash, mint coin - manage, distribute, dispense, transport, security etc will be exponential.
Overall Singaporeans will enjoy a lower standard level of living - due to higher cost of printing cash, lower economic activities --- and Singaporeans will not boast of high income based on your proposition.
Any transactions above thousand dollars will not happen. And Singapore economy will be dead !
Like · Reply · 1m · Edited
Ricky Lim ·
Alot of people will be out of jobs as business close.
This is what it means.
So people are so shortsighted and can't see far !
This is what it means.
So people are so shortsighted and can't see far !
Like · Reply · 1m
Janice Chin ·
Ricky ah, cost of living has already gone up but our standard of living hasn't improved. Our local people can be out of jobs is most likely due to the jobs taken by cheaper labour issue, not the printed cash issue. I can see you're very pro cash LESS instead of cash, ....probably too many briefcase required? I don't know, I'm assuming your situation.
Ricky Lim ·
Janice Chin - precisely we go cashless that is why alot of business are still doing well.
Just go around and see people using debit card, credit card, nets, cheque, online cash transfer etc in their payment.
Many supermarket also use such modes of payment.
If everything use cash, Singapore will be in trouble by now.
NETS alone recorded S$23 billion in total transaction.
(Other cashless transaction such as debit card, credit card etc and other forms are not included here).
As you say, can you carry S$23 billion in cash to do transaction?
Cannot right - then do you think Singapore business without the S$23 billion economic activities - how many businesses will close shops and how many people will go out of jobs?
Just go around and see people using debit card, credit card, nets, cheque, online cash transfer etc in their payment.
Many supermarket also use such modes of payment.
If everything use cash, Singapore will be in trouble by now.
NETS alone recorded S$23 billion in total transaction.
(Other cashless transaction such as debit card, credit card etc and other forms are not included here).
As you say, can you carry S$23 billion in cash to do transaction?
Cannot right - then do you think Singapore business without the S$23 billion economic activities - how many businesses will close shops and how many people will go out of jobs?
Like · Reply · 1m
Ricky Lim ·
You all only see small small things, kiam kanna - and then make so much noise.
But cannot see the BIG PICTURE - that will have a big impact on the whole Economy.
This is called 只有小聪明，没有大智慧 - 只会误大事。
But cannot see the BIG PICTURE - that will have a big impact on the whole Economy.
This is called 只有小聪明，没有大智慧 - 只会误大事。
Like · Reply · 1m
Janice Chin ·
Ricky Lim - Huh? Where you get those $23 billion dollars statistics? You work for the Govt ah?
Ricky Lim ·
Janice Chin - wonder what are you doing in Uni?
Don't know Big Data or Meta Data meh?
Even if you don't have statistics - think also know mah.
Don't know Big Data or Meta Data meh?
Even if you don't have statistics - think also know mah.
Like · Reply · 1m
Janice Chin ·
Ricky Lim - me? Haha, during my days in Uni, Big Data wasn't an issue yet. Meta Data? Haven't heard of yet. That means....... I'm from the older generation of Uni grads. 
:)
:)
Ricky Lim ·
Janice Chin - Alamak, everything also need teachers to teach meh?
You are the 1st person that let me 酸 and yet so happy.
You are the 1st person that let me 酸 and yet so happy.
Like · Reply · 1m
Ricky Lim ·
Janice Chin - go to WDA Professional Conversion Programme - sign on for the course on Data Analytics.
You will learn all the techniques in trawling raw data, data conversion, tools to organise and structure data, perform data analysis - and you can use it as decision support system.
Or you can use mental computation in your mind to do all these.
That is, 肚量大，心量大，脑量自然会大。
You will learn all the techniques in trawling raw data, data conversion, tools to organise and structure data, perform data analysis - and you can use it as decision support system.
Or you can use mental computation in your mind to do all these.
That is, 肚量大，心量大，脑量自然会大。
Like · Reply · 1m
Ricky Lim ·
Another thing that come to mind - democracy have an inherent flaw.
Because people will not know which candidates are suitable or possess the calibers as PM, President, Ministers or MPs.
People only use their "eyes" to see - I like this guys, I think he can be ---- become very dangerous.
Most of the time, people's eyes are shallow - and don't possess the Wisdom to know who has the real qualities.
That is why like Trump can be President - just by going the populist path --- and if this happen to Singapore ---- we will be a dead duck.
孔明未仆先知。
周瑜一看就知。
曹操过后才知。
有些人到死都不知。
Because people will not know which candidates are suitable or possess the calibers as PM, President, Ministers or MPs.
People only use their "eyes" to see - I like this guys, I think he can be ---- become very dangerous.
Most of the time, people's eyes are shallow - and don't possess the Wisdom to know who has the real qualities.
That is why like Trump can be President - just by going the populist path --- and if this happen to Singapore ---- we will be a dead duck.
孔明未仆先知。
周瑜一看就知。
曹操过后才知。
有些人到死都不知。
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