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Showing results for tags 'stores'.
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With brand authorised distributor not supporting the local retailers, many will have to close shop. We will probably see more big brands follow this trend. On the other hand, they may want to stop the pirated goods, that mean only real stuff are sold in their own stores.
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Tesla has announced that it will close down most of its retail outlets in a move that will allow it to price its cars cheaper. According to Electrek, the electric car maker wants to focus on online sales as it says that 78% of the Model 3 orders the company received last year were placed online. Interestingly, it added on that 82% of Model 3 customers purchased the vehicle without test driving first. With that in mind, the company believes that there was no need to operate the 120 retail store that it has now and will be closing most of it down. Doing so will allow it to reduce prices for its vehicles by an average of 6% and give it the ability to produce the entry-level Model 3 earlier than anticipated. Furthermore, it has been reported that Tesla started removing commissions from retail employees earned from sales, prompting employees to speculate that the manufacturer has cut bonuses to try and push them out before Tesla needs to layoff staff and pay severance.
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http://www.tremeritus.com/2014/04/12/employers-agents-charged-for-falsely-declaring-41-fts-salaries/ 7-11 stores charged for falsely declaring 41 FTs’ salaries April 12th, 2014 | Author: Editorial MOM currently investigating other similar false declaration cases involving 256 foreigners hired by 93 employers The Ministry of Manpower (MOM) issued a statement yesterday (11 Apr) saying that it has charged 8 employers and 2 employment agents for falsely declaring the salaries of foreign employees to the Controller of Work Passes. The 8 employers are franchisees of local convenience chain store 7-Eleven. Of the 2 employment agents charged, one is a 28-year-old Singaporean director of Ethics Career Solution, and the other is a 32-year-old Indian national working in the same company. The 10 allegedly made false declarations between 11 November 2010 and 11 September 2013 in connection with applications for 41 foreign employees: 35 EP holders 6 S Pass holders One of the criteria for MOM granting an EP or S Pass is that the foreign applicant must meet the minimum salary requirement. Investigations revealed that the 8 employers declared in the application for work passes that they would pay the 41 foreigners salaries ranging from $2,400 to $4,550. However, the employers allegedly intended to pay the foreigners much less than the salaries declared. The employers had thus committed an offence under the Employment of Foreign Manpower Act (EFMA) of furnishing false information to MOM. MOM’s investigations showed that the 2 employment agents of Ethics Career Solution, which facilitated the placement of 21 of the 41 foreign employees, submitted false salary information in the work pass application forms. They are also charged with furnishing false information. Of the 8 employers, 7 have pleaded guilty to the charges. They were fined between $8,000 or in default 4 weeks’ jail, and $56,000 or in default 42 weeks’ jail. The remaining employer has his case adjourned to 8 May 2014. One of the employment agents was fined $22,000 or in default 8 weeks’ jail while the other was fined $40,000 or in default 15 weeks’ jail. In February 2014, MOM took action against the 41 foreign employees involved in the false salary declaration scam. Some of them had their much lower salaries paid in cash, while some returned cash amounts ranging between $600 and $3,350 per month to their employers, after having their stated salary credited into their bank account. All were charged in court in February 2014. Of the 41 accused, 37 were fined between $5,000 and $7,000 or in default 5 weeks’ and 7 weeks’ imprisonment respectively, while 4 cases are still being heard. Those found guilty will be permanently banned from working in Singapore. The following is a sample of employers and foreigners involved in the false salary declaration scam: MOM said prosecution of the parties involved in the above cases is part of MOM’s continual enforcement efforts against circumvention of the work pass framework. MOM is currently investigating other similar false declaration cases involving 256 foreigners hired by 93 employers. MOM has stepped up on enforcement in this area following the raising of maximum penalties for false declaration under EFMA in November 2012. Offenders will be severely dealt with – if convicted, they can be fined up to $20,000, and/or jailed up to 2 years. Members of the public who know of persons or employers who contravene EFMA should phone MOM at (65) 6438 5122 or email [email protected]. All information will be kept strictly confidential.
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guys, i am thinking of buying oakley jawbone livestrong. found these 2 possible sellers.. http://www.spekkies.net (online store from Singapore) http://oakleystore.wordpress.com (singapore blogshop) never knew there was a Singapore online store for sunglasses... anyone bought from them? any reviews? prices looks good but just worried i get ripped off. appreciate your comments :)