Voodooman Supersonic January 1, 2021 Share January 1, 2021 16 minutes ago, Porker said: I'm cautious about equities (US only because I don't buy local). Prices are rising while global economic outlook is uncertain. There are a bunch who thinks recovery is in sight while others (especially the institutional investors and money managers) are cautious. I'll err on the side of caution. I see a lot of $$$ is flowing into digital infra and rightly so. I have very little in US equities, which is gravity defying. The story now is if the democrats win the Senate this month, the US bubble will get even more bubbly. ↡ Advertisement Link to post Share on other sites More sharing options...
Voodooman Supersonic January 3, 2021 Share January 3, 2021 On 12/30/2020 at 10:26 PM, Watwheels said: I think DO is not as capable as people think he is. It's contradicting when people say that his company is not big and has not many employees and yet he goes thru such an elaborate plan to cheat his employees. It's small money. Given he knows what is happening but nobody would have told him if he's caught he could end up in jail. That's also a possibility. When people execute a plan to cheat who will think of getting caught? I for one do not think he is so capable. Can come up with such a plan. He was selling and trying to squeeze more profit to improve the multiples and his earn-out? TC only, people do silly things for money. Link to post Share on other sites More sharing options...
Voodooman Supersonic January 3, 2021 Share January 3, 2021 On 12/30/2020 at 11:28 AM, ToyotaShuttle said: Cut FWs and we will find out. Business have no bargaining power with REITs and deep pocket landlords (we know who). A stronger NTUC might have help but.... Cutting FW is cold turkey and squeezing SMEs. Interesting article. https://www.businesstimes.com.sg/brunch/count-the-costs-which-comes-first-wages-or-rents Prof Theseira surmises that companies don't think raising employee wages to a minimum level as mandated by law is fair, because they don't think workers are entitled to it. "Now if employers had to increase wages because they could not hire workers at the prevailing wage, that is something that would be regarded as fair - but having an external force, the government, impose a higher wage surely strikes many employers as being unconnected to market forces," he says. Also, companies could accept price increases as a result of market forces, so they are more willing to accept - even if grudgingly - that they have to pay higher rentals when there is higher demand for rentals in their area. Link to post Share on other sites More sharing options...
Throttle2 Supersonic January 3, 2021 Author Share January 3, 2021 Whatever happens to Daniel Ong i dont care, but hopefully Jamie Teo is alright. 🤣😂 6 Link to post Share on other sites More sharing options...
Blueray Hypersonic January 13, 2021 Share January 13, 2021 Twelve Cupcakes fined S$119,500 for underpaying foreign employees Quote The judge agreed with the prosecution that the offences were difficult to detect, as demonstrated by the considerable amount of time during which they were committed, and the company made substantial profits as a result. However, he also noted that the company has repaid the employees the salaries they were owed. https://www.channelnewsasia.com/news/singapore/twelve-cupcakes-fined-underpaying-foreign-employees-13943328 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic January 14, 2021 Author Share January 14, 2021 (edited) Aiyoh, Twelve Cupcakes as a company, get fined, nobody cares. Just pay lor. Sup sup suay for it we prefer the juicier news on Daniel or Jaime.... but whatever happens to Daniel Ong, i really dont care either. hopefully Jaime Teo is fine. muayhahaha Edited January 14, 2021 by Throttle2 Link to post Share on other sites More sharing options...
Blueray Hypersonic February 4, 2021 Share February 4, 2021 Twelve Cupcakes co-founder Jaime Teo admits failing to prevent firm from underpaying foreign staff Quote SINGAPORE - Entertainment artiste Jaime Teo Chai-lin, 43, pleaded guilty in a district court on Thursday (Feb 4) to offences involving underpaid staff of Twelve Cupcakes, a home-grown confectionery chain which she co-founded. The court heard that Teo had been negligent in the matter. She will be sentenced on Feb 25. Teo founded the firm in 2011 with her then husband, former radio DJ Daniel Ong Ming Yu, 45. It was sold to Kolkata-based company Dhunseri Group for $2.5 million in 2016. https://www.straitstimes.com/singapore/courts-crime/co-founder-of-twelve-cupcakes-jaime-teo-pleads-guilty-to-offences-involving 1 Link to post Share on other sites More sharing options...
inlinesix Hypersonic February 4, 2021 Share February 4, 2021 v07025850000c09qicj6dngono5qpau0.MP4 1 1 Link to post Share on other sites More sharing options...
inlinesix Hypersonic March 9, 2021 Share March 9, 2021 Twelve Cupcakes wages case: Co-founder Jaime Teo fined $65,000 for role in underpaying staff https://www.straitstimes.com/singapore/courts-crime/twelve-cupcakes-co-founder-jaime-teo-fined-65000-for-failing-to-prevent-firm 1 Link to post Share on other sites More sharing options...
Adrianli Hypersonic March 9, 2021 Share March 9, 2021 16 minutes ago, inlinesix said: Twelve Cupcakes wages case: Co-founder Jaime Teo fined $65,000 for role in underpaying staff https://www.straitstimes.com/singapore/courts-crime/twelve-cupcakes-co-founder-jaime-teo-fined-65000-for-failing-to-prevent-firm No jail? Link to post Share on other sites More sharing options...
inlinesix Hypersonic March 9, 2021 Share March 9, 2021 2 minutes ago, Adrianli said: No jail? No jail time for her. Link to post Share on other sites More sharing options...
Fcw75 Hypersonic March 9, 2021 Share March 9, 2021 She can easily make back the money. I guess being Miss Singapore Universe helped. 😁 Link to post Share on other sites More sharing options...
Jellandross Supersonic March 9, 2021 Share March 9, 2021 (edited) Credit to the photographer sweet swee armpit shot Twelve Cupcakes co-founder Jaime Teo fined S$65,000 for underpaying foreign employees over 3 years Read more at https://www.todayonline.com/singapore/twelve-cupcakes-co-founder-jaime-teo-fined-s65000-underpaying-foreign-employees Edited March 9, 2021 by Jellandross 5 Link to post Share on other sites More sharing options...
Vid Hypersonic March 9, 2021 Share March 9, 2021 11 minutes ago, Jellandross said: Credit to the photographer sweet swee armpit shot Twelve Cupcakes co-founder Jaime Teo fined S$65,000 for underpaying foreign employees over 3 years Read more at https://www.todayonline.com/singapore/twelve-cupcakes-co-founder-jaime-teo-fined-s65000-underpaying-foreign-employees Of all the pics, they have to post one of her showing her armpit? 6 Link to post Share on other sites More sharing options...
inlinesix Hypersonic March 9, 2021 Share March 9, 2021 21 minutes ago, Jellandross said: Credit to the photographer sweet swee armpit shot Twelve Cupcakes co-founder Jaime Teo fined S$65,000 for underpaying foreign employees over 3 years Read more at https://www.todayonline.com/singapore/twelve-cupcakes-co-founder-jaime-teo-fined-s65000-underpaying-foreign-employees Maybe TODAY sub-editor likes armpit https://www.channelnewsasia.com/news/singapore/jaime-teo-twelve-cupcakes-fined-foreign-workers-underpaying-14278478 1 Link to post Share on other sites More sharing options...
Enye Hypersonic March 9, 2021 Share March 9, 2021 wah..merely a slap on the wrist cheap cheap fine since she got a million or 2 from sale of the business if i remember correctly 😬😅 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic March 9, 2021 Share March 9, 2021 fine $65K? ROFL just buy lesser 1 x Hermes bag? Link to post Share on other sites More sharing options...
Freeder Hypersonic March 9, 2021 Share March 9, 2021 5 hours ago, Vid said: Of all the pics, they have to post one of her showing her armpit? Luckily hairless n clean.. If it’s ATB, sure faintz... ↡ Advertisement 2 Link to post Share on other sites More sharing options...
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