With the Government pushing for a cashless society and encouraging people to use e-payment systems even in hawker centres, I wonder why cabs make it difficult to use the same method of payment. ComfortDelGro charges a fee for using credit cards. I think it is time for us to move forward and eliminate this reluctance […]
Who Am I
Kah Yeok has over 25 years of experience in investment banking covering project finance, M&A, capital and debt markets as well as private banking. He was CEO of HSBC Investment Bank as well as a Director of HSBC Investment Bank Holdings. In the later stage of his career, Kah Yeok was the President of a […]
Homo Deus by Yuval Noah Harari – A Review
Chap 1 The New Human Agenda The Last Days of Death ( p 21-29 ) The Right to Life is fundamental human value, hence death violates humanity. The right is not limited to any defined period. Human face death in three ways, denials, acceptance or fight. Religions believe in after death – second coming, reincarnation. […]
High electronic payment surcharges work against S’pore’s cashless ideal
I recently booked a Maxi Cab from Comfort for five passengers to Changi Airport. The total taxi fare came up to $54, including the $18 booking fee. Why does the booking fee for a Maxi Cab amount to a third of the total fare? On arrival at the airport, I asked the driver whether I […]
Inject more flexibility in granting property loans
I was very glad to read that the Monetary Authority of Singapore has tweaked rules on the refinancing of loans (“More flexible rules to help with property refinancing“; last Friday). This will allow borrowers to take advantage of a lower cost of borrowing. This is especially helpful for those of the baby-boomer generation who are […]