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Found 6 results

  1. Hi guys, My insurance is due 03 Jan but right now, no insurance company are willing to insure me. Situation goes like this: 1. got into chain collision on 2010, being last car in total of 3 cars, all claim me. 2. Initial damage claim amont is about $5000 + 3. on jan 2011, managed to renew my insurance with same co. at a higher premium ofcourse. 4. at about mid of 2011, the injury claims and other miscellaneous claims started coming in (total exceeding $30K) 5. now that i have 10% NCD and going to renew insurance for year 2012, my current insurnace co doesnt want to renew my insurance due to the >$30K claim. Tried looking for other co. like AXA, all managed to give me quotation but when processing, all reject due to the >$30K claim done previously as well. I am still looking for other insurance co but would like to know what happen when there is no insurance co are willing to insure me? Transferring car ownership to my other family members is not an option as there are loans issues which are quite complicated. And would like to know if i am able to get other family member to buy insurance although the car is under my name ? Please advice.
  2. I heard from the radio Banks & Finance company have a 40% rejection rate for car loans even for those earning >3k a month? Maybe they reject 100% loans & overtrades? If true then it explains why 2nd hand car prices r dropping like rocks and COE is at multi year low.
  3. SHANGHAI/HONG KONG - Holders of China Eastern Airlines' Shanghai- and Hong Kong-listed shares on Tuesday rejected a deal to sell a 24 per cent stake in the country's third-largest carrier to Singapore Airlines for US$920 million. The announcement was made after a shareholders' meeting in Shanghai. China Eastern needed two-thirds of both its Shanghai-listed A and Hong Kong-listed H-share minority shareholders to approve the stake sale to Singapore Airlines and Singaporean investment agency Temasek Holdings. Majority shareholder China Eastern Air Holding Co abstained from the vote. The move opens the door to bigger rival Air China, whose parent, China National Aviation Corp (CNAC) - which owns 3.9 per cent of China Eastern - has said it would offer at least HK$5.00 per China Eastern share versus an agreed price of HK$3.80 in the Singapore deal. Singapore Airlines and Temasek have said they would not be prepared to return to the negotiating table or increase their offer, which was agreed with China Eastern last September. -- REUTERS
  4. China rejects pork imports from U.S., Canada Mon Sep 17, 2007 9:47 AM ET BEIJING (Reuters) - China has rejected shipments of pork kidney from the United States and of spare ribs from Canada after finding traces of a banned growth agent in them, in the latest volley of cross-border accusations over product quality. The Xinhua news agency cited the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) as saying that the 18.4-tonne shipment of frozen kidneys and the 24-tonne shipment of frozen pork ribs had been returned to the exporters by local quarantine officials in southern Guangdong province. The growth agent ractopamine, commonly used in the United States, is at the centre of negotiations between U.S. and Chinese officials over the pork trade. China has banned use of ractopamine and refuses to import pork containing it. Richard Raymond, the U.S. Agriculture Department's undersecretary for food safety, said on Thursday following meetings with the AQSIQ that he hoped Beijing could change its stance on ractopamine if Codex Alimentarius, an international food safety body, could endorse tolerance levels for it. China has highlighted several quality concerns over U.S. products in recent months, in apparent response to complaints in Washington about the safety of Chinese exports ranging from toys to toothpaste. Beijing is also taking steps to clean up its own manufacturing sector, whose reputation has been tarnished by recent product recalls, including for lead-tainted toys. Separately, Xinhua said that authorities had reprimanded dozens of factories in eastern Zhejiang province after finding that 40 percent of the children's clothing they produced did not meet quality standards. The district where the factories are located, in Huzhou city, makes one fourth of the country's children's garments, Xinhua said. It cited the local quality supervision administration as saying their "quality index" was at its lowest since 2003. The garments had problems with their dyes, fiber content and stitching, Xinhua said, adding that none of the companies involved exported their products. The inspection was part of a nationwide campaign to improve product quality and food safety in the wake of the recent scandals, it said.
  5. hi bros. would like to know if a valet can reject your car? I have a dinner 8/8/07 at a hotel at orchard road. and was very late already around 7.45 so just proceed to the valet parking. come out of the car with my keys on. they ask me to drive to the car park my self. saying that there is still lot of lots left there. is it that my car is not posh enough to park there? or the car that are allow to park there must be bmw posh lambo Ferrari.
  6. Any Bro or Sis got any good ideas as to how to reject a friend or relative in borrowing your car? i know a few friends who friend everytime ask to borrow his car.
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