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S’PORE’S MAS LAUNCHED REAL-TIME PAYMENTS WITH RESERVE BANK OF INDIA,

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Launch of Real-time Payments between Singapore and India

Singapore, 21 February 2023…

The Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) today launched the linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI). This will enable customers of participating financial institutions in Singapore and India [1]  to send and receive funds between bank accounts or e-wallets across the two countries in real-time. They can do this using just the mobile phone number, UPI identity, or Virtual Payment Address [2]  (VPA). The linkage provides customers with a safe, simple, and cost-effective way to make cross-border fund transfers.

2. The launch was officiated by Prime Minister of Singapore, Lee Hsien Loong, and Prime Minister of India, Narendra Modi. MAS Managing Director Ravi Menon and RBI Governor Shaktikanta Das executed live cross-border fund transfers to each other from their respective locations in Singapore and India.

3. The PayNow-UPI linkage is the world’s first real-time payment systems linkage to use a scalable cloud-based infrastructure which can accommodate future increases in the volume of remittance traffic. It is also the first linkage to feature a non-bank financial institution as a participant.

4. The service will be made available to Singapore customers of DBS Bank and Liquid Group under a phased approach, where these institutions will progressively increase the number of eligible user groups and transaction limits from today till end-March 2023 [3] . Indian customers of all participating Indian banks will be able to receive funds through the service from the onset. Sending of funds is limited to customers of four Indian banks at the time of launch [4] , with this scope to be gradually expanded.

5. Participating financial institutions have committed to ensuring that the service is cost-efficient and accessible, including to foreign workers and students residing in Singapore and India, enabling them to make and receive low-cost cross border remittances back to and from their home countries. The linkage also provides for automatic incorporation of capital control rules for enhanced efficiency [5] . MAS and RBI will review and progressively scale the linkage by increasing the number of participating financial institutions, as well as applicable use cases.

6. The PayNow-UPI linkage is the result of extensive collaboration between MAS, RBI, both countries’ payment system operators [6] , payment scheme owners, and participating banks and non-bank financial institutions. It is a major milestone in enhancing the infrastructure for cross-border payments and supports India’s G20 Presidency priorities to improve the cost, speed, access and transparency of cross-border payments.

MAN SICK OF WORKING WITH UNDER PERFORMING COLLEAGUE

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How do you deal with people who drag the team down.

I understand no one is perfect. Before this person entered our team, we have little problems and most of it can be easily managed and resolved as everyone know each others strength and weaknesses and we respect each others work ethics. So end of the day, we can still get things done because we work as a team.

Like my strength is doing the presentation while another’s strength is sourcing materials, prepping and editing. We split up the work, support and feedback to each other. It’s been mostly smooth for the past few years. Some of us may not be the best of friends but we are certainly on good terms work wise.

Not long ago a new team mate joined us. We understand the need to adjust and welcomed her. Initially she seemed fine, but as time progress she starts to be difficult to work with. We thought it was because she was still trying to adjust but I slowly realised she seems overwhelmed easily or she’s mentally absent often. Every aspect of our project she claim she can’t cope.

She has cleared probation and we have also helped her for quite a while after that so I don’t understand what’s the issue that she’s having? I also wonder how she made it this far? When we split up the work, she would mess up her part so we have to delay and redo because of her.

She can’t even make the effort to ask and clarify before handing us nothing. Her presence has affected a few of my team mates as I know some are also losing their patience with her.

I didn’t want to be a bad leader and get rid of her right away so we’ve been giving her chances to pick up the pace. I also was new once so I try to be patient. But almost all of us have reminded her the same things over and over. We have repeated so many same instructions I can even hear it in my own head when I sleep so I don’t know why can’t she remember some of it? When we have conversations with her I don’t think she’s intimidated by anyone too. It’s like she’s in her own world. Talked to her quite often but it didn’t work, she is literally clueless to what’s going on most of the time.

I’m considering to report her to management as our performance and dynamics has been affected by her. She is also very negative and i didn’t want that energy to spread to others.

I know I’m not a very experienced leader so I’m still learning. Anyone experienced encountered this? What’s the best solution for my team and for her?

GIRL GOES KTV TO CATCH HER BF IN ACTION CHEATING ON HER

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My heart was pounding as I stepped out of the taxi and approached the entrance of the KTV. I had heard rumors that my boyfriend had been cheating on me, and I was determined to catch him in action.

I had been afraid to confront him about it, so I decided to take matters into my own hands and follow him here.

I hesitated at the door, unsure if I should really go through with it. But I had come this far, and I was too curious to turn back now.

I took a deep breath and pushed the door open, bracing myself for whatever I might see.

The inside of the KTV was dark and smoky. There were people everywhere, singing, drinking, and having a good time.

I looked around, trying to find my boyfriend, but I couldn’t see him in the crowd. I was about to give up when I heard a familiar voice coming from one of the private rooms.

My heart skipped a beat as I recognized my boyfriend’s voice. I crept closer to the door, peering inside to see what was going on.

To my horror, I saw my boyfriend in the arms of another woman, kissing and laughing.

My world suddenly felt like it was spinning out of control. I couldn’t believe what I was seeing. I wanted to run away, but my feet were glued to the floor.

I stayed there, frozen in place, until I finally found the strength to turn away and walk out the door.

He turned around but turned back immediately, probably knowing that I was there and saw what he did.

I stumbled out of the KTV, tears streaming down my face. I had come here hoping to catch my boyfriend in the act, but instead I had witnessed something even worse.

I felt like my heart had been ripped out of my chest.

I stumbled back to my home, feeling numb and empty.

I had been so sure that my boyfriend had been cheating on me, but I had never expected to see it with my own eyes.

I curled up in bed and sobbed until I finally drifted off to sleep.

The next morning, I woke up feeling exhausted and broken. I knew that I had to confront my boyfriend, but I was afraid of what he would say.

I dialed his number and waited for him to answer, but he never did.

I knew that our relationship was over.

HUSBAND CHEATED ON WIFE WITH MULTIPLE WOMEN RIGHT BEFORE MARRIAGE

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We went over 6 years madly in love (I thought) and then he cheated on me with multiple women 5 months before the wedding.

It was on a work trip. He was going with a bunch of women, normal in his industry.

There was one I wasn’t a huge fan of him being around (I knew who she was because she’s friends with his best friend at the time) because she posts revealing photos on her Instagram and makes her entire personality being hyper***.

The last night he was gone I was trying to enjoy the house to myself drinking wine in the bathtub watching a movie, when I texted him I missed him, saw he read it and never got a reply. I sent a couple more saying that made me uneasy and really needed to hear from him. Again read and no reply. I started calling him off the hook, no answer.

I knew something was up. I started texting my friends saying I was worried and they all said to calm down he would never do something like that. But all I could think was that he was definitely having S with that girl.

The next morning he texted me saying “hey sorry my phone died.” I knew it was bullshit, it was ringing, but I wanted to talk to him in person.

When he came home I sat him down and said I knew he was lying about his phone dying, and that if he cheated we would get through it but I needed to know. He said they were all hanging out and he didn’t want to be rude so he ignored me but he was sorry. I didn’t buy it. For days I kept questioning him until he started calling me crazy and possessive and controlling for not understanding.

I let it go. Let him make me think I was crazy. But a month later, someone from his company messaged me on Facebook, telling me what the entire company knew and she couldn’t stand it anymore- he slept with one girl one night, and had a threesome with the same one and the one I was worried about the next night.

He then swore up and down he was going to tell me himself but his boss threatened to fire him if he did, saying I would probably tell all of his employees out of spite or something.

But it was already out anyway because the girls bragged about it to everyone saying they were hot shit for being able to lead an almost-married man astray. Publicly humiliating me.

There was a lot of fighting. A lot of tears. I asked for more details than I should have that haunt me every single day. I tried to kick him out several times but he would cry and beg or just refuse to go. He was scary. He’d get piss drunk, trash the house, punch holes in the walls, broke my laptop, even broke his own hand. We went to therapy. I couldn’t bring myself to cancel the wedding. A lot of things were done last minute because I was too depressed to wedding plan for awhile.

We went through with it. It was a great wedding and honeymoon.

Now about two months later that excitement has all faded and I’m stuck crying every day, thinking about what he did, that he’ll probably do it again one day, that my entire life that I planned with this person will never be what I imagined.

None of our friends know I’m still upset about it. We’re still everyone’s favorite cutest couple and they admire we got through that rough patch. They admire me for handling it so well. They don’t know how much I fight and cry and scream behind closed doors.

I don’t forgive him. I hate him for ruining me like this. I know for sure I will never be able to trust this man enough to have his children so now I’m suddenly playing off to my family I never wanted them (and idk maybe I really don’t I’ve never been sure).

I’m stuck in this life. I can’t just divorce him so soon after all the money my father spent on the wedding and that our families gifted us. In some sick way I hope he does it again soon so I have an excuse- because I can’t go back on what I said I would forgive before the wedding.

I know there’s more he isn’t telling me. His best friend ( was best man) and his wife dropped out of our wedding after picking the side of the threesome girl they were friends with prior- which I doubt they’d do if there wasn’t more to know. I’m scared to ask. I’m tormented enough.

He got a new job right after I found out and brought ex-BFFs wife with him but she quit on him last week with virtually no notice, just stopped showing up. Before she stopped talking to me I was comforted by having a spy at his store. Now I’ve encouraged my friends to work for him hoping they’ll tell me if something else comes up.

It’s only been a couple days but they’re already telling me all his employees hate him and they’re pretty sure it has something to do with ex-BFFs wife spilling the beans. Or worse, maybe he did something with someone else.

I go through his phone all the time but never find anything. I make him share his location but haven’t caught anything yet. I hope my friends find out something so I have a good reason to leave. I feel like I’ll never be myself again until I can get out of this marriage.

MAN OFFERS CLIENTS INVESTMENT DEAL, BUT RUNS OFF WITH CLIENTS MONEY & GAMBLE IT AWAY

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Offers client to do acc management & 50-50 split deal w him (whereby either you share your acc w him to manage or u xf him $$ to trade).

  • He took his chance to gamble and blow off clients acc away
  • give excuses like bad trades and pretend that the acc got hacked
  • find new clients to xf him money so that he can scam ->he uses previous clients blown off acc & failed trades ss to show it to the new clients
  • but he actually keeps all the clients money to himself.

    Victim: “So apparently Ben runs a telegram forex VIP group called BSZXP. He offers mentor coach for $1500 and vip signals for $250. He also offers account management, 50-50 split

So I joined his vip channel for free 1 week and was ok. 80+% win rate. ( not sure if the signals are provided by him or he just copy from some other gurus )

Then I, being greedy, did account management with him. He told me to create XM account and then share account ( he performs the trades but can’t withdraw ). In 3 days my account got blown off, I dm-ed him and he said my account got hacked. Utter rubbish.

I emailed XM and told them to investigate my account if it was really hacked. It wasn’t, they said it was the same IP address that did it which was obviously him. He even told me XM is a scam platform as an excuse to get away w it.

He deleted my telegram chat, blocked me from insta when I dm-ed all his followers regarding this.

I managed to save the entire telegram chat and screen record his followers and I found 3 ppl who are in the same predicament as me.

Guy A: invested $1500 into him ( without creating XM account ) , ben told him that he lost everything. When guy asked him for transaction receipts, ben sent him my transactions from my own XM account.

Guy B: invested $1500 by creating XM account like me in 2020. Lost everything and same reason: account hacked

Guy C: invested $1500, all gone. Same as Guy A. Ben told him he full name is David Benson. Playing around with names.

I managed to dm some of his followers, they told me Ben asked them to create XM account for account management when he told me and others that XM is a shady and scammer platform.”

MAN BOOKS HOTEL FOR FRIEND’S BIRTHDAY, FRIEND INVITE OTHERS AND IGNORES HIM

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My friend’s birthday was coming up, and I wanted to make it extra special. So I decided to book a room at a hotel for his birthday party.

I thought it would be a great way to celebrate his special day and give him an unforgettable experience.

Friend started to ignore me and focus on his other friends

I contacted the hotel and made the arrangements. I was so excited to surprise my friend and make his birthday extra special. He also invited all of his friends and my friend was so happy.

However, as the night went on, I started to feel like I was being ignored. My friend was so focused on his other friends, and I felt like I was not included in the fun.

I felt like I was just there to pay for the room and not really a part of the celebration.

I tried to talk to my friend, but he seemed to be too busy talking to his other friends. After a while, I just decided to go back to my own hotel room. I was so disappointed that my friend didn’t seem to care about me, and I felt like he was taking me for granted.

The next day, I got a call from the hotel saying that they have to charge me for the room violating certain hotel guest policies. Apparently, my friend had invited more people to the party than I had told the hotel about.

As a result, I had to pay for the extra people that he had invited.

Felt like he is taking advantage of me

I was so angry and frustrated with my friend. I felt like he had taken advantage of me and didn’t appreciate the effort I had put into making his birthday special.

I tried to talk to him about it, but he just brushed it off and didn’t seem to care.

In the end, I had to pay for the extra people that he had invited and the additional charges that I had incurred. I was so mad at my friend, and I felt like he had taken me for granted.

I was so disappointed that my friend didn’t seem to care about me, and I felt like he was taking advantage of me.

My friend’s birthday ended up being a huge disappointment for me. I had put so much effort into making it special, but it just felt like my friend didn’t care or appreciate my efforts.

LANDLORD DEMANDS AN ELDERLY WOMAN HIGHER RENT SO HE CAN DONATE TO CHARITY

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Talking about contradicting this could be one of the worse I ever heard.

There is this mythical creature known as a “good landlord” who makes $1000 a month. They don’t need this money so decide to give it all to charity.

Now it turns out the house is being rented below market rates. They could kick out the current tenant who is an old lady who will struggle to find somewhere new, but be able to charge $1200. This would give an extra $200 to a charity that could be providing more housing in third world countries, or saving lives etc.

Arguably doing more good than providing housing to one person.

What should the landlord do?

Utilitarianism would say they should charge the maximum they can possibly get away with, since that money could be spent on third-world country charities and that can go a lot further there. However, they are still directly forcing someone into a very difficult situation.

There is exactly what a landlord did to an elderly woman, not say what he did is right or wrong but it’s just terribly contradicting.

What if the market rate was now $1.5k or $3k, does that change the situation? What if $200 now goes even further in the charity the landlord was giving to, does that affect anything?

Another option is since they don’t need the money they drop the rent to $800 to help the old lady get by. But that takes $200 away from the charity now.

So most likely the landlord is lying about charity and he does not donate money at all.

AH LIAN SAY HER NEW TATTOO ON HER ‘NEI NEI POK’ GOT HER MORE LADIES DRINK

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I have been working in the bar scene for a few years now and I have seen many changes over the years.

Recently, I decided to get a tattoo on my breast and I was surprised at the reaction it received from my customers.

At first, I was a bit hesitant to get the tattoo. I was worried that it would be too revealing and would make me look too ah lian. But after careful consideration, I decided to go ahead with it. I chose a simple rose tattoo and had it inked onto my right breast. I was pleased with how it turned out and I was excited to show it off.

Once I started wearing my new tattoo, I was amazed at the reaction it received. It seemed like every time a customer came to the bar, they couldn’t help but stare at my tattoo. It was a bit embarrassing at first, but I soon realized that it actually had a positive effect on my sales.

Customers were buying more drinks for me just to get a better view of my tattoo.

One customer even offered to buy me a drink if I would let him take a picture of it. I was taken aback at first but I decided to accept his offer. I figured it would be a great way to make some extra money and it would also be a good way to show off my tattoo. Sure enough, the customer snapped a few pictures and then bought me a drink.

Since then, I’ve seen a definite increase in the number of customers coming to the bar to buy drinks. I’m not sure if it’s because of my tattoo or not, but I’m certainly enjoying the attention. I feel confident and empowered when I’m wearing my tattoo and it’s nice to know that it’s making a difference in my tips.

I’ve even received a few compliments from other bar girls to get tattoos as well. They seem to think that it’s a great way to attract more customers and make more money.

GIRL DUMPS ‘POOR’ BF, REGRETS AFTER BECAUSE HIS FAMILY OWNS DURIAN PLANTATIONS

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I broke up with my boyfriend because he was poor, so he couldn’t afford to take me out on dates or give me the things I wanted.

Turns out his family is rich

I’d been with him for a year, and I just wasn’t feeling the connection anymore. So, I decided to break up with him.

Little did I know, my ex-boyfriend’s family owned several durian plantations in Malaysia.

He’d never mentioned it before, so I had no idea. I found out soon enough though, when I saw him out with one of his rich friends, who was bragging about the size of their plantations and how much money they made.

I was so embarrassed that I had broken up with him because I thought he was poor. How wrong I was.

I should’ve known better. I should’ve asked him about his family and their finances before I made such a drastic decision.

Tried to make things right with him

I tried to reach out to my ex-boyfriend, but he was too hurt and angry to even talk to me. I guess he had always known that his family was wealthy and had hidden it from me on purpose to see if I truly loved him.

I understand why he was so hurt, but it still doesn’t make the situation any easier to bear.

I regret breaking up with him and not getting to know him better. I regret assuming that he was something he wasn’t and not taking the time to really get to know him.

I regret all the missed opportunities that would have come with his family’s wealth.

It all happened so fast, and now I’m left feeling empty. I’ve lost my chance at love and the opportunity to experience the life of luxury I had thought was out of reach.

I’m not sure if I’ll ever be able to forgive myself for what I’ve done.

I know that I should’ve thought twice before making such a rash decision, but it’s too late now.

I can’t take it back, and I’m left to live with the consequences of my actions.

MAN COMPARES BUYING A CAR AND TAKING A TAXI, GRAB, BUS AND MRT

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Have you ever been confused about the best way to get from one place to another? Should you take a taxi, bus, Grab, or MRT? Or, should you buy a car?

I was in the same boat a few months ago. I had to get from point A to point B, but I had no idea how to do it. I wanted to make the most informed decision possible.

After doing some research, I discovered that there are many pros and cons to each option. I decided to make a comparison between buying a car and taking a taxi, Grab, bus, or MRT.

Cost

When it comes to cost, buying a car is definitely the most expensive option. You have to factor in the cost of the car, insurance, repairs, and fuel. It’s also important to remember that the cost of car ownership can increase over time.

On the other hand, taking a taxi, Grab, bus, or MRT is much cheaper. You only have to pay for the fare, which is often quite affordable.

Convenience

When it comes to convenience, buying a car definitely has its advantages. You’re in control of your own transportation and you can go anywhere you want. It also provides you with a sense of freedom and independence.

However, taking a taxi, Grab, bus, or MRT can be just as convenient. You don’t have to worry about finding a parking spot or dealing with traffic. All you have to do is sit back and relax while you’re driven to your destination.

Time

When it comes to time, taking a taxi, Grab, bus, or MRT can be the faster option. You don’t have to worry about getting stuck in traffic or dealing with difficult parking situations.

However, if you have your own car, you can be in control of your own schedule. You can leave and arrive when you want, without having to worry about waiting for a bus or taxi.

Environment

When it comes to the environment, taking a taxi, Grab, bus, or MRT is the better option. These modes of transportation use less fuel and emit fewer emissions than cars. This means that you’ll be helping the environment by using public transportation.

On the other hand, if you buy a car, you’ll be emitting more emissions and using more fuel. This can have a negative impact on the environment.