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My habit has been not to redeem the rebate amount when using my POSB Everyday card for petrol payment. Just realised the other day that it has accumulated to close to $1000! Working backward, I would have pumped $1000/6% = $16k of petrol to accumulate this rebate amount! Just curious anyone can do better? I am actually quite proud of this as I believe most would just redeem the rebate after hitting certain amount for whatever reasons. |Anyway bear in mind this is just a trivial thing, nothing outstanding haha. Just need abit of discipline to achieve - 3 years + to be exact. Those who have been using the card for other expenses would have taken a shorter time to achieve it.

Just curious, what is the COE amount which you all are willing to pay? For those who have a car already, how much COE have you paid? For me it's $10k maximum. And I have been waiting for many years for the COE to drop but to no avail. I waited and waited, until hairs become white already, but the COE still remains very high, I cannot afford it. When do you guys think COE will drop to 10k? Can you guys afford to get a car now? At this time and date? Sad case for me though.

how much was your biggest "loot" u ever picked up in one "attempt"? link to other 10 cent in drain thread

Convert OPC to normal, the top up amount go to where? Will the prorated $17K amount you pay to convert go back to become your OMV and COE immediately? Or will your OMV/COE still remain as OPC value?

SINGAPORE: From January next year, the Medisave Required Amount (MRA) in the Central Provident Fund (CPF) will be raised to S$38,500 from the current S$32,000. The MRA refers to the amount that must be set aside in the Medisave Account, after the CPF Minimum Sum requirement has been met. The CPF Board said those who have met the CPF Minimum Sum and have an MRA shortfall at the point of withdrawal have to make a top-up to the Medisave Account. This can be done with part of the balances from the Ordinary Account and/or Special Account to meet the prevailing MRA. CPF said the requirement for members to set aside the MRA in their Medisave Account is to enable them to have enough savings to meet their healthcare needs during old age. Central Provident Fund members will also continue to enjoy a risk free interest rate of four percent on their Special and Medisave Accounts (SMA) for the next three months, from 1 January to 31 March 2013. The interest rate on their Retirement Accounts (RA) for the whole of next year will also remain at four percent. The CPF Board said this was in line with the government's announcement in September that it would maintain the four percent per annum floor rate for interest earned on all monies in the Special and Medisave Accounts as well as savings in the Retirement Account until the end of next year. Savings in the SMA currently earn either 4 percent or the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus 1 percent, whichever is the higher. The interest rate on SMA savings is adjusted quarterly, based on interest rates on 10YSGS over a preceding 12-month period. Since the average yield of the 10YSGS plus 1 percent, from 1 December 2011 to 30 November 2012, works out to be 2.49 percent, the SMA interest rate payable to CPF members from 1 January 2013 to 31 March 2013 will be maintained at the current floor of 4 percent, CPF said. New RA savings are invested in SSGS which earn a fixed coupon equal to either the 12-month average yield of the 10YSGS plus 1 percent at the point of issuance, or 4 percent, whichever is the higher, adjusted yearly. CPF said given the lower 10YSGS yield, new RA savings will earn a fixed coupon of 4 percent. - CNA/al http://www.channelnewsasia.com/stories/sin...1243869/1/.html

The Straits Times www.straitstimes.com Published on Jun 2, 2012 http://www.straitstimes.com/print/Breaking...ory_806201.html More taxis soon with new data-sharing computer system? Proposed system allows companies to pair up available cabs and drivers By Janice Tai More taxis may be on the road if a new data-sharing computer system among taxi companies is put in place. The system is being discussed by a tripartite committee comprising the Land Transport Authority, the National Taxi Association (NTA) and taxi companies. The committee was revealed by NTA adviser Seng Han Thong on the sidelines of a book launch on Friday at the Suntec Singapore International Convention and Exhibition Centre. The bilingual book, Taxi Tales In Singapore, is about the taxi industry here. Mr Seng said the data-sharing system would allow taxi companies to link up their relief drivers with single-shift drivers, so that more taxis can be made available for riders. Copyright

i got hit at the back few days ago.. when i went down to check, the damage was minimal, however..the other driver insisted that i claim against him got a call from the appointed insurance workshop saying that i might not be able to claim against him as the claim is below 2k..i think my excess is 2k is there anything i can do? my car is still at the workshop..

http://www.channelnewsasia.com/stories/sin...ce=home_oneline [bigcry]

SINGAPORE: From January next year, the Medisave Required Amount (MRA) will be raised to S$32,000, higher than the current S$27,500. The MRA refers to the amount that must be set aside in the Medisave Account, after the CPF Minimum Sum requirement has been met. Those who have met the CPF Minimum Sum and have a MRA shortfall at the point of withdrawal have to make a top-up to the Medisave Account with part of the balances from the Ordinary Account and/or Special Account to meet the prevailing MRA. The Central Provident Fund (CPF) Board, which announced the change on Monday, also said members will continue to enjoy a risk-free interest rate of 4 per cent on their Special and Medisave Accounts (SMA) between January 1 and March 31, 2012. The interest rate is also set at 4 per cent for the Retirement Account (RA) - from January 1 to December 31, 2012. This is in line with the government's announcement made in September 2011 to maintain the 4 per cent per annum floor rate for interest earned on all SMA monies and RA monies until December 31, 2012. The CPF Board said savings in the SMA currently earn either 4 per cent or the 12-month average yield of 10-year Singapore Government Securities (10YSGS) plus 1 per cent, whichever is the higher. The interest rate on SMA savings is adjusted quarterly, based on interest rates on 10YSGS over a preceding 12-month period. The average yield of the 10YSGS plus 1 per cent from December 1, 2010 to November 30, 2011, works out to be 3.19 per cent. The SMA interest rate payable to CPF members from January 1 to March 31, 2012 will be maintained at the current floor of 4 per cent. source:http://www.channelnewsasia.com/stories/singaporelocalnews/view/1172162/1/.html. 5k less to take out from CPF when u retire

Nov 5, 2007 Motor traders being pressed to pay up CPF on commissions By Christopher Tan THE Central Provident Fund Board has widened its efforts to get motor firms to pay up CPF contributions on commissions earned by their salesmen. The board told The Straits Times that it has written to about 40 major motor distributors - or just about the entire new car industry - to ask them to check their past records to see if they have missed out on paying contributions on third-party commissions. The move follows a probe into two car agents started in August after the board received complaints from salesmen on the matter. The complaints pertained to commissions that salesmen earn on car loans. Most dealerships sell cars packaged with a loan from a bank or finance house, with the salesmen earning a 1 per cent to 3 per cent cut of the loan amount. Many car companies leave it off the books and allow the salesmen to be paid directly by the finance institutions. As such, they do not pay CPF for these commissions. But it is no longer just car loan commissions that are being scrutinised. The CPF Board's audit covers commissions earned from other third-party services such as used car trade-ins, rust proofing, insurance and so on. The board met the Motor Traders Association (MTA) early last week to explain the matter. CPF Board spokesman Hazel Tan said: 'They understand the issue and are working with us to communicate with their members.' MTA members met last Friday over the matter, which has caused a flurry in the market. One member said: 'CPF's interpretation is too broad. Let us take the example of insurance. In the first year, there is no problem, but if the customer changes insurer the next year, how do we track?' He said the MTA will seek another meeting with the CPF to nail down the definition. 'Moving forward, it is not a problem to comply with CPF's stand, but to make backdated payments is not so easy,' he said. 'The financial implication is huge.' Banks and finance houses have given at least $35 billion worth of car loans since 1999, so the car industry may have to cough up more than $100 million in CPF dues, including penalties. And that is just for car loan commissions. While motor traders said the issue of back payments is still a big unknown, it is clear the industry will have to change the way it conducts business. Mr Glenn Tan, chief executive of Subaru agent MotorImage, said the company did not pay CPF on finance commissions in the past, but will do so now. Mr Cheah Kim Teck, chief executive of multi-brand agent Jardine Cycle & Carriage's motor operations, said: 'We might have to ask all the finance companies to pay commissions through us.' Like other motor traders, both CEOs said they are still looking at past records to see if they are liable for any back payments. The CPF Board's Ms Tan said motor traders are not disputing the need to pay CPF on third-party commissions, and some had already started 'self-rectification'. 'Employers have been given up to middle of this month to complete the self-rectification,' she said. Singapore Manual and Mercantile Workers' Union assistant secretary-general Wong Chip Mun said he is 'happy that the CPF Board is looking at this issue'. The Straits Times learnt the CPF Board is auditing other industries on this matter as well. Other businesses with similar practices include the real estate and the financial services sectors.

Just wana find out what do u guys think of the amount of reasonable assets an average 35 year old guy would have in Singapore? Can list in format such as follows: Cash - eg $200k Hdb - eg $600k as $800k mkt value but outstanding loan $200k Car - eg $80k mkt value Pte pty - eg $1.3m and so on

Pls be more careful the next time AH TIONG pump petrol for u. They always tend to LISTEN WRONGLY or DREAMING. Yesterday at SHELL, I told him $25 and he pump for me full tank at $70 knn. This is my 3rd time I had problem with Ah Tiongs. The last time the Ah Tiong keep talking to another Ah tiong and din pay attention to me. At least our very own Ah Peks / Uncles can do a better job.

sorry if the question has been asked before. for normal car say 3 or 4 yrs old convert to opc. is the total Amount of opc cash rebate capped at $17000? or prorated according to remaining years in the coe? I read LTA website it implies the former but a car dealer today tell me otherwise. can any bro here confirm?

I intend buy a vehicle from a friend and he passed me a copy of the vehicle registration card. I cant find the COE amount in it.. He also not sure..Its a CAT E. Any way to find in LTA/onemotoring site

If you have decided on your bid range, what is the right bid price that should you put in? This is critical since you may have to wait for the next bidding exercise if your failed bid is just short of a few dollars or worst case $1. And you may not be near an ATM to revise your bid near the closing. Lucky digit 8 has only won once in this year while digit 9 has won 16 times. Read on to find out why ... Here's my analysis of the lowest winning bid prices in 2009 at my blog post Lucky Bid Price.

What does rebate amount means? Road Tax Till Jun 2009, Tender Closes 14-07-2009, Viewing Available Monday To Friday From 9am To 5pm, Saturday From 9am To 12noon, Rebate Amount As At 31-07-09 Is $26692. http://www.sgcarmart.com/used_cars/info.ph...1887&DL=503

thinking of buying my auto gear's oil for the change but not sure how many liters it needs and what grade to buy.... have been seaching for 2 hours and no luck finding this info... kekeke... today is not my day........ any bro know??

Home > Breaking News > Singapore > Story Feb 10, 2009 Jailed for contraband tobacco By Elena Chong A CHINA national was jailed for 23 months on Tuesday for having contraband tobacco and medicinal products. Huang Kexin, 63, pleaded guilty to having 270 kg of duty unpaid tobacco and not paying Goods and Services Tax of $6,800 on the 150 packages found in a rented room in Lorong 16 Geylang on Jan 16. The unpaid duty amounted to $95,040. He also admitted to possessing for retail sale African Black Ant capsules and Power 1 Singapore tablets containing controlled substances. A district court heard that a team of Health Sciences Authority and police officers raided his room and seized a variety of medicines and tobacco. The green tobacco packages were labelled as Chinese tea. Huang told investigators that he had bought the tobacco two days earlier from an unknown China national at $14 a package and had intended to resell them at $20. The medicinal products he had in his possession could only be sold in a registered pharmacy or under the supervision of a pharmacist. Under the Customs Act, he could have been fined up to 20 times the amount of customs duty or tax evaded or $10,000, whichever is greater, and/or jailed for up to three years. Huang could have been fined up to $5,000 and/or jailed for up to two years on each of the Medicines Act charges. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

what's the highest amount you've ever spent for your 1-time detailing product purchase?

Hi Can any expert advise me if I want to deregister my car, it is based on the Total Car Rebate based on LTA Car rebate? Example the total rebate amount is $30,000 and I scrapped the car, the total amount I will get is $30,000 or will there be another amount added in and any other amount that I can use it to purchase any second hand car? My current car is coming to 4 years old so exporting it overseas will not fetch much value right? Do we still get any other rebate for QP? Thanks for the advise.

Hi Can advise me on the amount of engine oil that is required for a M.Lancer, 2005 model. Just need a gauge if its more or less than 4L since most oil comes in 4L package. Thanks in advance!

What is the amount of time taken for the 99(he bought it in 1999) model Lancer to do the century sprint?

Jus want to ask this question. My tyre have been used for 40k till now. 205/55ZR16 on a FL sunny. after switching from stock, FC did increase a bit. till now, my FC have been increasing. changed my air filtered last 20k and FC increase a bit oso. around 9.5km/litre. recently monitored my FC again, its onli 8.5km/litre. went to TC for tuning and they retune engine, FC still so high, so wan to ask experts here if tyre thread will affect FC?

Looking @ the 1.4A H/B I can afford a $5k downpayment, monthly of $700 MAX... 10 year loan :) Is it enough? What's the full tank price of this car? Thanks...