REACH 523 - What are your views on MOM's response to the latest layoff by Lazada? How can we continue to ensure fair workplace and retrenchment practices under Singapore's tripartite guidelines?
(SK)
08 Jan 2024 (10am - 7pm)
REACH
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Megan 😊
8/1/24, 10:00 am - +REACH: *📢 Topic 📢*
On 3 January 2024, Lazada had let go an undisclosed number of employees in Singapore without informing the union, despite these workers being unionised. The Food Drinks and Allied Workers Union (FDAWU), an affiliate of NTUC, wrote to Lazada stating that such a move is "unacceptable", and also escalated the matter to the Ministry of Manpower (MOM).
The retrenched employees were told that they would receive two weeks’ salary for each year of service. FDAWU is negotiating with Lazada for better benefits for the laid-off employees, with the talks being facilitated by MOM.
💬 *What are your views on MOM's response to the latest layoff by Lazada? How can we continue to ensure fair workplace and retrenchment practices under Singapore's tripartite guidelines?*
NTUC and FDAWU said that Lazada has since apologised for not informing them of the retrenchment exercise, with both organisations having earlier expressed their disappointment.
Lazada said that it was "proactively" cooperating and consulting the Singapore government, NTUC, FDAWU and other relevant agencies.
📌 _*Union's and Ministry of Manpower's Response*_
"Lazada have also assured FDAWU that they will be consulted in advance for any future exercises," said the union.
MOM said that it "saw good progress" during discussions between Lazada and FDAWU on 5 January 2024.
"Lazada is working closely with MOM and the FDAWU to ensure that the restructuring exercise is held in a fair and responsible manner, including offering affected employees adequate support and appropriate retrenchment benefits in line with industry standards," said the Manpower Ministry.
MOM added that employers should act responsibly when considering cost-cutting measures, and that unionised companies like Lazada should initiate discussions with their unions to safeguard the interests of affected employees.
📌 _*Further Assistance*_
Digital Industry Singapore, a government office which supports the growth of the technology sector here, said it is working with Lazada and other government agencies to assist affected employees with alternative employment opportunities.
👉 https://www.channelnewsasia.com/singapore/lazada-retrenchments-layoffs-unions-fdawu-ntuc-4029111
👉 https://www.straitstimes.com/singapore/laid-off-lazada-employees-offered-2-weeks-pay-per-year-of-service-union-negotiating-for-better-benefits
👉 https://www.channelnewsasia.com/singapore/lazada-layoffs-retrenchment-job-cuts-employees-4024746
8/1/24, 10:00 am - ~ REACH Singapore changed this group's settings to allow all members to send messages to this group
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8/1/24, 10:16 am - +Kenneth Lee WM: Saying sorry not enough. Lazada should “repent” and give 1 month for every year of service!
8/1/24, 10:17 am - +Rama: Agree!😳🤦♂️😖😡🤨😔
8/1/24, 10:18 am - +Frankie Wee: 2 week per year of service feel cheap????
8/1/24, 10:21 am - +Rama: Operating in Singapore with sub standard Mgmt and HR!
8/1/24, 10:21 am - +Timothy Low: I thought the norm is 1 month for every 1 year of service
8/1/24, 10:23 am - +Rama: Lazada Mgmt though can quietly do otherwise!?
8/1/24, 10:23 am - +KL: Hmm maybe should announce resident and non resident ratio
8/1/24, 10:23 am - +KL: If many are non local why union stepping in ?
8/1/24, 10:24 am - +Kenneth Lee WM: It’s only a recommendation in singapore. Companies free to give whatever they like. Most MNC in order to maintain their reputation and be able to attract future employees, give 1 month.
8/1/24, 10:24 am - +Frankie Wee: I think MOM is negotiating with Lazada
8/1/24, 10:24 am - +Rama: Definitely
8/1/24, 10:24 am - +Frankie Wee: How about Shopee last retrenchment given 1 month per year of service???
8/1/24, 10:26 am - +Kenneth Lee WM: I hope they also include resume writing services, job placement services. I am sure some of the retrenched staff have forgotten how to write resumes.
8/1/24, 10:28 am - +Frankie Wee: https://www.businesstimes.com.sg/international/asean/alibaba-injects-us845-million-south-east-asia-unit-lazada
8/1/24, 10:30 am - +Frankie Wee: Not knowing the news how much did Lazada lose assets invested value and pay staffs for layoff
8/1/24, 10:31 am - +Frankie Wee: If Lazada were bankrupt reason for lower layoff staff for 2 week per years of service
8/1/24, 10:35 am - +KL: Actually I thgt they also buy Axa tower :) <This message was edited>
8/1/24, 10:41 am - +Rama: Really!?
8/1/24, 10:57 am - +KL: Sorry it their parent company alibaba
8/1/24, 10:58 am - +Rama: Ok
8/1/24, 11:35 am - +REACH: *Dear Contributors*
We want to *HEAR MORE* from you!
💬 *What are your views on MOM's response to the latest layoff by Lazada? How can we continue to ensure fair workplace and retrenchment practices under Singapore's tripartite guidelines?*
Megan 😊
8/1/24, 11:37 am - +Liang Wei: Need some bite. Companies who retrenches without informing union should be fined
8/1/24, 11:37 am - +Smiley face: "What is money laundering and how about money siphoning? Both are action books in-corporating the value and the valuation of all assets class from fixed to fluid to super-liquid!"
- - anonymity
8/1/24, 11:39 am - +Rama: Laws need to be reviewed
8/1/24, 11:40 am - +KL: They announce already very good in fact they can do it silently
8/1/24, 11:42 am - +Rama: Nonsense. Proper procedure is inform MOM and Union even if nor legislated. No need to make public is okay.
8/1/24, 11:42 am - +KL: I think last time I share a few method 101 to warn ppl about those evil practise . A lot of evil boss using it.
8/1/24, 11:43 am - +KL: If they cut 20 per time do they still need to report ? Another 20 say not performing, another 20 another reason etc <This message was edited>
8/1/24, 11:43 am - +Rama: Loopholes still in Current labour laws!
8/1/24, 11:43 am - +KL: This they made public is already a warning
8/1/24, 11:43 am - +KL: I think you all better think what will impact instead cos the dragon head already start the ball rolling
8/1/24, 11:45 am - +Rama: As long as unionist, yes
8/1/24, 11:45 am - Your security code with +65 8112 4373 changed. Tap to learn more.
8/1/24, 11:45 am - +Rama: Warning not done professionally!
8/1/24, 11:45 am - +KL: Agree , you are right. I did warn ppl right ? how mnc behave right? <This message was edited>
8/1/24, 11:50 am - +Rama: Dialogue with employers, unions and government already highlighted processes
8/1/24, 12:09 pm - +Smiley face: How has the FIRST rights to "grab" the cash or assets when a business failed and the "who+who" list of creditors read like this, the banks, the landlord, the suppliers and the workers. We assume that there are funds remaining to disperse to all of the above affected parties.....
8/1/24, 1:37 pm - ☸️ Danny 心:
1. Lazada mass retrenchment signal a worrying trend - Big Tech companies are facing pressure and have been letting go of IT workers.
Lazada is not the 1st one.
2. I certainly applaud MOM and Unions' effort to protect the rights of our workers - to ensure Lazada work with the Union to secure the best benefits for our retrenched workers under the Tripartite Alliance guidelines.
3. It is a very sad event whereby our workers lose jobs over the festive season - facing the pressure of needs to finance their housing loans, put food on the table, pay essential expenses and finance their families basic needs - amidst the high cost of inflation.
4. Hence securing retrenchment benefits in line with industry standard is important to ensure our retrenched workers are adequately compensated to tie over the period they are unemployed while looking for another jobs.
5. Next Government, MOM and Unions helping retrenched workers to find alternative jobs should be the more permanent solution.
6. Noted that Digital Industry Singapore is promoting technology adoption in Singapore and is task to find alternative jobs for the retrenched workers - I applaud this government office efforts - and hopefully all our retrenched IT workers can manage to secure an alternative jobs - and relieve their families from financial pressure.
8/1/24, 1:39 pm - +Rama: Agree
8/1/24, 1:45 pm - ☸️ Danny 心:
1. Noted that this is the known retrenchment that appear in the news reported by media.
2. But there are other companies that quietly retrench workers in smaller number citing "poor performance" to cut their workforce by byte sizes.
Companies have ways to lay path to "make workers classified as poor performers even though they perform well" - if companies have plan to cut workforce - and make the paper sound justified to retrench such workers - when companies are not doing well and no longer need so many workers.
3. Such workers will fall through the gap under the Tripartitie Alliance guidelines of retrenchment - and will escape the attention of MOM and Union.
4. I think there must be an avenue for such workers to report to MOM or Union (if they are unionised) - so that MOM or Union can help such workers to negotiate for more benefits &/or find alternative jobs.
8/1/24, 1:47 pm - +Timothy Low: I know of a mega local company that retrenched almost the entire team of Singapore staff and employed Malaysians in Malaysia instead
8/1/24, 1:47 pm - ☸️ Danny 心:
Wonder which one?
8/1/24, 1:48 pm - +Timothy Low: I cannot say. and it's not reported in the news
8/1/24, 1:48 pm - Jimmy Chew:- +LKY: Don't spoil our workers. Hard reality of life. Realignment is needed in business. Retrenchment is a fact of life. Good that they give. We should not force them and then company may go to other less restrictive countries. Like LKY to attract MNCs, they have the right to hire and fire
8/1/24, 1:49 pm - +Rama: Must be done fairly and proper.
8/1/24, 1:50 pm - ☸️ Danny 心:
Retrenchment benefits must conform to industry standards.
Business cannot shortchanged workers.
Many countries have such legislation to protect their workers.
8/1/24, 1:50 pm - +Frankie Wee: That’s mean Ai already ready automatically then IT no longer professional
8/1/24, 1:51 pm - +Rama: Yes
8/1/24, 1:51 pm - Jimmy Chew:- +LKY: I have a feeling after paying retrenchment benefits. One or two years later they will close their ops hahaha other countries cheaper
8/1/24, 1:52 pm - +Rama: Don't discount the possibility!
8/1/24, 1:52 pm - ☸️ Danny 心:
I think not for Lazada case.
Shoppe, Amazon, Tokopedia etc are doing very well in SE Asia.
Lazada has been squeeze by competition - and have not been profitable.
Alibaba is doing well in China - but also facing increasing competition.
8/1/24, 1:54 pm - Jimmy Chew:- +LKY: From history every rise in civilization there's an inevitable fall
8/1/24, 1:55 pm - ☸️ Danny 心:
Other countries must also have a mature digital infrastructure, logistical change, port facilities etc to enable e-commerce to do well.
Not any low cost countries is suitable for such e-commerce operation.
8/1/24, 1:57 pm - ☸️ Danny 心:
Also financial hub e-payment must be able to facilitate such e-commerce operation.
8/1/24, 1:58 pm - ☸️ Danny 心:
Cyber security readiness to enable e-transacton to take place securely is also imperative.
Hence not many low cost countries is a good place for Lazada to setup operation.
8/1/24, 1:59 pm - +Rama: Yup
8/1/24, 1:59 pm - +Rama: Yes
8/1/24, 1:59 pm - +Rama: Agree
8/1/24, 2:00 pm - ☸️ Danny 心:
E-commerce usually do well in countries that have capable IT workers as they are knowledge industries.
Low cost without tech knowledge workers won't work well for Lazada - because it is not labor intensive - but knowledge intensive.
8/1/24, 2:02 pm - ☸️ Danny 心:
Eg. How many countries have mass expertise in AI, robotics, mobile apps, web apps, cyber-security, network infrastructure, Telecom infrastructure, mature IT regulations etc?
8/1/24, 2:04 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 2:04 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 2:05 pm - +Smiley face: "I like the dreams of the future better than the history of the past."
- - Thomas Jefferson, the 3rd President of the United States of America (4/3/1801 - 4/3/1809)
In the Fast Moving Consumer Goods & Services (FMCG vs SMCG), examples of a big scale operator are Starbucks, Luckin, KFC, McDonald's, Tencent, SheIn, Alibaba, Amazon and many consumers' brands in China and the world....
One component of costs is labor and "like a slippery slope"...
8/1/24, 2:08 pm - ☸️ Danny 心:
Singapore have signed many Digital Economy FTAs with many countries in the world - essentially an IT hub.
Our e-payment have seamless integration with many countries with Digital Economy.
Hence e-commerce companies are jostling to come into Singapore - and e-commerce companies cannot easily go to a low cost countries to set up such IT operation - without such integration. <This message was edited>
8/1/24, 2:08 pm - +REACH: *📢 Topic 📢*
8/1/24, 2:10 pm - +Telephone number: MOM response to layoffs in general is weak and toothless.
Policies need to be tweaked to be protect more workers from indiscriminate retrenchments and layoffs.
Singapore labour laws are too pro-business while understandably so but as we have an ageing population, we cannot continue on this route or companies will take advantage and recruit heavily during peak periods then let go of all older workers during non-peak periods!
Shameful and embarrassing that we still adopt archaic labour laws!
8/1/24, 2:11 pm - +Telephone number: Make it mandatory to have retrenchment benefits and advance notice of retrenchments for all companies, regardless of industry.
E.g. 3 months salary for every year of employment etc.
8/1/24, 2:12 pm - +Telephone number: We must do more to protect our older workers and PMETs!
8/1/24, 2:12 pm - +Telephone number: We can't keep taking advantage of our seniors just because it makes 'business sense'!
8/1/24, 2:12 pm - +Rama: Isn't it !?
8/1/24, 2:12 pm - +Telephone number: Fire the older local Singaporeans and hire cheaper younger fresh graduates. How long shall we allow this to continue?
8/1/24, 2:12 pm - +Telephone number: Nope absolutely not.
8/1/24, 2:12 pm - +Telephone number: It is not mandatory.
8/1/24, 2:13 pm - +Rama: Ivory tower politicians ownself cover ownself!?
8/1/24, 2:13 pm - +Telephone number: Lazada is a perfect example.
8/1/24, 2:13 pm - +Telephone number: They only receive 2 weeks salary across the board for every year of employment.
TWO WEEKS??? <This message was edited>
8/1/24, 2:13 pm - +Rama: It should be!
8/1/24, 2:13 pm - +Rama: Wth!?
8/1/24, 2:14 pm - +Telephone number: This in itself is derisory. I am sure you can agree.
8/1/24, 2:14 pm - +Telephone number: Imagine you work at a company for 2 years plus and you are retrenched with only FOUR WEEKS of salary to tide you over.
8/1/24, 2:15 pm - +Telephone number: Four weeks can secure a new interview and job?
8/1/24, 2:15 pm - ☸️ Danny 心:
Also HQ operation whereby IT staff developed and operate their e-commerce platform in Singapore with data center because we have IT knowledge workers - goods can be packed here and with our well facilitated ports and logistic chain will be able to send to regional countries in a cost effective manner.
So it is not a simple move to low cost countries - because low labor cost is not the main determinant factor that cause high tech companies to move - it must be a combination of all the above factors.
8/1/24, 2:15 pm - +Telephone number: Can pay all your bills?
8/1/24, 2:15 pm - +Rama: No!
8/1/24, 2:15 pm - +Rama: No!
8/1/24, 2:15 pm - +Telephone number: NTUC and FDAWU said that Lazada has since apologised for not informing them of the retrenchment exercise, with both organisations having earlier expressed their disappointment.
8/1/24, 2:15 pm - +Telephone number: See how they embarrass us.
8/1/24, 2:15 pm - +Telephone number: Just apologise and move on.
8/1/24, 2:16 pm - +Telephone number: Slap on the wrist.
8/1/24, 2:16 pm - +Telephone number: Meanwhile, the workers are still retrenched!
8/1/24, 2:16 pm - +Telephone number: Some left the building crying and sobbing.
8/1/24, 2:16 pm - +Telephone number: Most have kids and spouses.
8/1/24, 2:16 pm - +Telephone number: And elderly parents.
8/1/24, 2:16 pm - +Rama: Government better wake up!
8/1/24, 2:28 pm - ☸️ Danny 心:
1. In the previous topic, rental price control is raised as a solution to curb inflation.
2. HDB is quoted as adopting rental price control and new BTO flat is quoting as price control.
This is not true - because HDB is using market economy principle - whereby premium sites are price higher and remote sites are price lower according to market demand.
Higher government grants are given to owners of premium sites whereas lower government grants are given to lower price remote sites.
This is targeted financial assistance using taxpayer money - not price control.
Such financial assistance provided by the government is possible provided the Government is making the Economy do well year after year - with healthy fiscal budget and reserves.
And house pricing is based on economic fundamental but given financial asssistance to meet social objectives.
3. Rental price control and housing price control - are artificially setting a low fixed price without taking into account economic fundamental (similar to minimum wages concept) - that will cause market distortion - and have adverse consequences on the the Economy.
8/1/24, 2:29 pm - ☸️ Danny 心:
https://www.naahq.org/10-unintended-consequences-rent-control-policies
10 Unintended Consequences of Rent Control Policies .
8/1/24, 2:29 pm - ☸️ Danny 心:
HDB rental house is not rent control - but targeted financial assistance using taxpayers money.
Same as HDB flats grants.
Rental control is artificially control of price by meddling with the market forces - leading to market distortion and have many unintended consequences and side effects.
Can even crash the whole property market and lead to investment outflow out of Singapore.
This is a huge economic topic.
8/1/24, 2:29 pm - ☸️ Danny 心:
Low rental price will prevent developers from building house lead to severe housing shortage, and price can shoot up sharply in the short term.
In long run, if property investors leave Singapore, property prices crash.
This will create a destabilizing property market - big up and down in property prices.
Also will crash the banking sectors.
8/1/24, 2:29 pm - ☸️ Danny 心:
This is the Boom and the Bust.
8/1/24, 2:29 pm - ☸️ Danny 心:
Also HDB are price based on free market principles.
Premium sites higher bto price - but more government grants.
More remote sites - lower bto price - lesser government grants.
No concept of price control or rental control come in.
HDB flats are targeted financial assistance meant to achieve social objective anchor on sound economic fundamental.
8/1/24, 2:29 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 2:29 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 2:29 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 2:29 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 2:29 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 2:29 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 2:30 pm - ☸️ Danny 心:
Many developed countries use rent price control to curb inflation - seriously distort the property market - leading to a serious consequences to their economy.
8/1/24, 2:55 pm - ☸️ Danny 心:
Assuming Lazada instead of paying 2 weeks pay should pay 1 month pay for every year of service.
Assume $5,000 a month, 500 workers retrenched - retrenchment compensation is $2,500,000.
For Lazada to pay $2.5 million as retrenchment benefits is peanuts, small tips for billions dollars companies like Lazada.
So MOM and Unions fighting for our retrenched workers for more payout won't break Lazada or force Lazada to move out of Singapore.
8/1/24, 2:56 pm - +Smiley face: "Before the next teardrop falls"
Time after time and generation after generation...
Now, it is upmost urgent to identify the key Sectors and specific Jobs that will likely be (30% chances of attrition) affected by the Digital transformations and new ways of working using digital and AI for efficiency and costs saving?
What job will most likely be (50% or more chances of attrition) obsolete if not disappear within the next 1 to 2 year (2025/26)?
Besides the Skillsfuture and wage supplement and (JSS) initiatives, how can the Union and the Policymakers find more ways and reallocate efforts to redeploy these lost jobs into other roles, whether it is a newly created job or it is entirely a new job? How about the roles of an employer? Must it be meaningful or better to be sustainable?
Into tomorrow, what are the estimated numbers of potentially retrenched workers stratified by gender, marital status, age group, average income and years of working?
What will be the average waiting time to land another job and how about the time spent on skills training to upgrade or to update or to learn a new skill?
Where are the opportunities of new jobs that will be created in the next 1 to 2 years? Who will qualify and match these newly created jobs and the quantum?
- - in progress - -
8/1/24, 2:57 pm - +KL: Are u sure u want lazada to move out ? If they move out what their parent company think ? Of course we stand w sg workers . But I think this time they are trying to prove some things which I don’t understand. Why New Year ?
Do note it across regional not only SG . <This message was edited>
8/1/24, 2:59 pm - ☸️ Danny 心:
No I didn't say I want Lazada to move out.
My long story is analyzing Lazada won't move out of Singapore.
Also we don't want Lazada to shortchange our retrenched workers.
8/1/24, 2:59 pm - +Frankie Wee: $2.5m so little Lazada has assets value billionaire Dolores
8/1/24, 2:59 pm - +Frankie Wee: Too stringy or is it under paid
8/1/24, 3:00 pm - ☸️ Danny 心:
Yes.
This is what I mean.
They can afford it - peanuts to them.
But don't shortchange our retrenched workers.
8/1/24, 3:20 pm - +Smiley face: This Lazada retrenchment may be a precedent going forward other retrenchment exercises from the office to factory and the fast moving goods sector to the financial sector.
There is a great need to make sure we have it under control and in an amicable outcome for both parties; employees and employers....
8/1/24, 3:22 pm - +Rama: Possibly
8/1/24, 3:39 pm - +Telephone number: <Media omitted>
8/1/24, 3:39 pm - +Telephone number: They have more than enough money to swim in
8/1/24, 3:39 pm - +Telephone number: USD 13,963,000,000 of income in 2023 alone.
8/1/24, 3:39 pm - +Telephone number: For Alibaba Group
8/1/24, 3:40 pm - +Telephone number: <Media omitted>
8/1/24, 3:40 pm - +Telephone number: USD 33,419,000,000 in cash in 2023 alone
8/1/24, 3:54 pm - +Rama: 😳
8/1/24, 3:55 pm - +Rama: 😳
8/1/24, 3:55 pm - +Telephone number: As Danny has said, please tell Lazada don't give us the crap that S$2.5mil is too much money to pay out to your loyal workers.
8/1/24, 4:00 pm - +REACH: *📢 Topic 📢*
8/1/24, 4:04 pm - ☸️ Danny 心:
https://www.edgeprop.sg/property-news/two-hdb-shophouses-toa-payoh-and-ang-mo-kio-going-51-mil
8/1/24, 4:05 pm - ☸️ Danny 心: https://www.asiaone.com/singapore/serangoon-coffee-shop-sells-eye-watering-405-million
8/1/24, 4:05 pm - ☸️ Danny 心:
No wonder our neighborhood prices shoot up through the roof.
8/1/24, 4:06 pm - +Rama: 😳🤦♂️😞
8/1/24, 4:07 pm - +Rama: Government should not say market forces as a excuse!
8/1/24, 4:34 pm - +Kenneth Lee WM: Yes, lazada will close shop. I used their platform before. So super complex. Some discounts only in app, can’t use from desktop, discount vouchers can only used in certain conditions, refunded amt can only be used under certain conditions etc. Real nightmare. I now refuse to use it.
8/1/24, 4:50 pm - +LKY: All because the have their HQ in Singapore hahahaha
8/1/24, 5:12 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 5:12 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 5:12 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 5:13 pm - +Rama: Will people follow!?
8/1/24, 5:13 pm - ☸️ Danny 心:
Anyone can spot anything wrong with this cycling path and pedestrian pathways?
Very bad design.
8/1/24, 5:13 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 5:14 pm - +Rama: How can a lane for pedestrian blend with one for cyclist!?
8/1/24, 5:14 pm - +Rama: Location?
8/1/24, 5:15 pm - ☸️ Danny 心:
Pedestrian path on the left, then switch to cycling path on the right, then switch back to pedestrian path on the left.
Bicycle and human langar together.
8/1/24, 5:16 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 5:17 pm - ☸️ Danny 心:
I just noticed 5 cyclists go past me very confused.
8/1/24, 5:24 pm - ☸️ Danny 心:
I noticed the design of the cycling path and pedestrian path very confusing.
In some location, the cycling path is on the right, pedestrian path on the left.
In some location, the cycling path is on the left and pedestrian path on the right.
In my location, cycling path can sometimes be left and be right on the same road.
Wonder why no standardisation of cycling path and pedestrian path throughout the whole country?
If cycling path is in the right, then the whole country should follow right.
Not sometimes left, sometimes right.
It confused the cyclists and the pedestrian.
And I don't need to dance in and out to switch lane.
So as the cyclists.
It will create accidents.
8/1/24, 5:27 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 5:27 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 5:28 pm - +Telephone number: They are training us to be Michael Jackson
8/1/24, 5:28 pm - +Telephone number: Fluid dancing.
8/1/24, 5:29 pm - ☸️ Danny 心:
Also can standardised the convention?
Sometimes it show 2 feet, sometimes it show a human, sometimes it show bicycle and human together.
Each time I have stop at the convention sign - to analyze which one is a pedestrian path and a cycling path.
Wonder will cyclists have to stop at the sign to analyze which path to take?
8/1/24, 5:29 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 5:30 pm - ☸️ Danny 心:
Even this auntie with baby and pram is confused.
She decide to walk in between. <This message was edited>
8/1/24, 5:33 pm - ☸️ Danny 心: <Media omitted>
8/1/24, 5:33 pm - ☸️ Danny 心:
Now she walk on the cycling path.
Confused...
8/1/24, 5:35 pm - +Rama: 😆
8/1/24, 5:35 pm - +Rama: Which statutory board is responsible for certification fit for public use!?
8/1/24, 5:38 pm - +Bhavani: I have encountered many speeding cyclists and pmds who don't care about pedestrian safety at all
8/1/24, 5:38 pm - ☸️ Danny 心:
Don't know...
8/1/24, 5:39 pm - +Rama: Pmds is being looked into right now to issue a certificate by a registered medical practitioner before purchase is allowed.
8/1/24, 5:39 pm - +Bhavani: I think a strong metal barrier between cyclists/pmds and pedestrians might prevent accidents
8/1/24, 5:40 pm - +Rama: There cannot be separated lanes as this will encroach on the pedestrian.
8/1/24, 5:41 pm - +Bhavani: Pedestrians are most at risk of an accident on these cycling cum pedestrian paths <This message was edited>
8/1/24, 5:42 pm - +Rama: Space is limited in land scarce Singapore
8/1/24, 5:43 pm - +Bhavani: Metal barricades will not impact the space
8/1/24, 5:44 pm - +Bhavani: It's just to demarcate between cyclists and pedestrians
8/1/24, 5:44 pm - +Rama: There has to be uniformity on the entire stretch of shared pedestrian and cycling walkway.
8/1/24, 5:45 pm - +Bhavani: Pedestrians are suffering from speeding cyclists who simply refuse to slow down
8/1/24, 5:46 pm - +Bhavani: Pedestrian sharing pathways with cyclists who refuse to show consideration is making it torturous to walk
8/1/24, 5:47 pm - +Bhavani: This has been happening for a long time we cannot let cyclists get away with speeding
8/1/24, 5:47 pm - +Rama: No simple solution to this never ending issue.
8/1/24, 5:48 pm - +Rama: Legislative frame work is limited.
8/1/24, 5:48 pm - +Bhavani: Pedestrians should not be facing danger from speeding cyclists we have to ban such cyclists
8/1/24, 5:49 pm - +Rama: Petition your member of Parliament.
8/1/24, 6:10 pm - +REACH: *📢 Topic 📢*
8/1/24, 6:29 pm - +Kenneth Lee WM: Another one is the sign “watch out for traffic” facing pedestrians at non zebra crossings. Wrote to LTA 3 times to make it clearer, like “yield to traffic”, “give way to traffic”, I get the same replies from them, drivers and pedestrians must learn to co-exist. Totally ignoring the fact that their signs are ambiguous.
This incident is probably from the same dept. They will tell u that pedestrians and cyclists must learn to co-exist.
8/1/24, 6:31 pm - +Rama: Blady civil servants 🤦♂️😡😖
8/1/24, 6:38 pm - +Thank You: Temasek have a share in Lazada? Retrenchment shareholder not inform?
8/1/24, 6:39 pm - +Rama: Possibly!?😳🤷♂️
8/1/24, 6:44 pm - +Thank You: If Layoff can happens in Lazada then what else to expect from SME or even small size and employee who have no knowledge will lose out.
8/1/24, 6:44 pm - +Rama: Yes
8/1/24, 6:46 pm - +REACH: *Dear Contributors,*
⏰ We will be closing the chat in *15 minutes* ⏰
Thank you very much for being part of our WhatsApp chat and participating actively.
Goodnight!
Megan 😊
8/1/24, 6:46 pm - +Thank You: My daughter in WSD(Work Study Diploma) the company only size of 5-7, resignation my daughter give 1 month notice and the HR/employer claims her format of registration was not right and redo another with immediate notice w/o paying her 1 month salary and yet wants her to pay for the 1st term of school fees.
8/1/24, 6:47 pm - +Thank You: Not everyone have a “Karen” mum/friend like me who understand the basic operation of law.
8/1/24, 6:49 pm - +Rama: Hugh!?
8/1/24, 6:49 pm - +Rama: Great!
8/1/24, 6:55 pm - ☸️ Danny 心:
I submit this cases via OneService Apps.
Don't want any accident or near miss to happen.
8/1/24, 6:55 pm - +Rama: Great! I was about to send a email with attachment.
8/1/24, 6:56 pm - ☸️ Danny 心:
Thanks anyway.
8/1/24, 6:58 pm - +Rama: 👌
8/1/24, 6:59 pm - +Smiley face: 8 January, 2023
"The Rights to Claim: Anti-Money Siphoning (Hiding) acts?"
"What is money laundering and how about money siphoning? Both are action books in-corporating the value and valuation of all assets class from fixed to fluid to super-liquid! The shortest cut to dressed-up on performance and avoiding potential pitfalls is to cut cost. And one easiest and fastest way is to retrench workers and the next is to start selling your fixed assets to raise cash and therafter another clean sheet of paper! The devil is in the details..."
- - anonymity
Who is first?
There is a mounting pressure in the dawn of new waves of insolvency or bankruptcy of a business. We called it the "Balance Sheet" crisis.
How has the FIRST rights to "grab" the cash or assets when a business failed and the "who+who" list of creditors read like this, the banks, the landlord, the suppliers and the workers. We assume that there are funds remaining to disperse to all of the above affected parties.
What if a business goes empty and nothing to claim for? How would the proper law enforces a fair judgement to the affected parties to claim? Are there needs to relook at the existing laws pertaining to the Rights to claims which include workers retrenchment compensations and salary protections?
The financial institutions presumably is the number one creditor or the beneficiary in such a default state of a business. It is understandable and traditionally a prudent method in safeguarding these institutions of lending and to secure this industry from any seismic meltdowns turning into a domino effect across all sectors of an economy.
Means Test?
Exactly, how can we portion (ratio) the claim from the top to the bottom of the list of creditors?
Are directors fully responsible to undertake all of these claims? What are the personal assets of directors and the limits to freeze these personal assets including cash and equities? One test is the time of ownership of these class of assets. If a director owns a property for the last 20 years and he or she has been a director for the past 20 years; this property can become an asset of contention when claiming become a concern for all creditors. Similarly for liquid assets such as personal vehicle, cash and equities are tangibles to allow claimants to exercise their rights to claim. However there must be a limitation to all of these Rights to Claim and the ceiling too. The proper authority from MAS, ACRA, IRAS, MOM, SID, both AGs (accounting & attorney), unions will have to bargain to an agreement that will be raised to the Parliament for discussions and enactment if it's passed all test of considerations, reasonableness and beyond all doubts. And how about the parent company, related companies, and or the subsidiary companies & directorship across these live entities; are these entities part of a larger liabilities class action lawsuits to the benefit of all claimants?
Fair to Fairer?
One fairer way is to not simply cut the list into half and letting the top creditors get the big chunk of cash or assets and leaving bits and pieces to the rest of the smaller or the smallest creditors in limbo or walk away empty handed.
What are the duties and responsibilities of a company's director? How about the shareholders including the sleepy partners or silent shareholders, to what degree are their responsibilities in bad times? In an extraordinary moment of insolvency or bankruptcy, what are the fiduciary duties of a director's directly and indirectly response to all stakeholders including employees and creditors; or internal and external parties of relevance. It is a test of honesty; be a bulwark of Society!
The finale: the big boys vs the smaller boys? Is this (un)equal?
- - in progress - -
8/1/24, 6:59 pm - +REACH: *Dear Contributors,*
We will be closing the chat for today.
Thank you very much for being part of our WhatsApp chat and participating actively.
Goodnight!
Megan 😊
8/1/24, 7:01 pm - ~ REACH Singapore changed this group's settings to allow only admins to send messages to this group
====
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