Latest Posts By pharoah88
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| 06-Jul-2010 11:27 |
DBS
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DBS
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Actually, we have very good safeguards. We have multiple redundancies built into our systems and it’s actually quite perplexing that the redundancies did not kick in as we normally would expect them to. DBS Group Holdings
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| 06-Jul-2010 11:19 |
DBS
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WHEN WiNNERS TAKE ALL lOsers DON'T CARE anymOre. WHEN GENERALS TAKE ALL sOldiers DON'T FiGHT wars anymOre. |
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| 06-Jul-2010 11:02 |
DBS
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SiNGAPORE & DBS OFF-guarded since 2004 http://www.thestandard.com.hk/stdn/std/Front_Page/FJ06Aa01.html |
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| 06-Jul-2010 10:46 |
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BANK HEADS are tOO BiG fOr theIr bOdy nOw. tOO many GENERALS withOUT sOldiers. WiNNERS TAKE ALL WHEN HEAD is TOO BiG just like Girl whose BOOBS are tOO BiG cannOt even STAND UP PROPERLY. BANK's TOP MANAGEMENT is OVER OVER OVER PAID. UNtil shareholders' DiViDENDS are SUCK UP as well. OBAMA is RiGHT tO TRiM the BANK HEADS tO FiT the undersized bOdy. FAT GENERALS with starved sOldiers cannOt wIn any war. tOO much FATS in the banks and corporates
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| 06-Jul-2010 10:38 |
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Left without cash ... OFF-guarded without cash .... Banking services disrupted but DBS says customer database safe [REALLY nOt OFF-guarded ? ? ? ?] [Can yOu BELiEVE ? ? ? ?] Jeremy Koh and Janice Teo jeremykoh@mediacorp.com.sg SINGAPORE And for customers who needed to access the system urgently, the network crash yesterday morning sparked anger and frustration. Scores of DBS and POSB customers took to the social media to vent their anger. Some said they had visited as many as five different ATMs, but were left without cash and unable to top up their cash cards to pay for Electronic Road Pricing (ERP). But DBS is also likely to be counting the costs of the glitch that affected its entire online system, as businesses who needed to make high-value transactions would have probably turned to other financial institutions. Analysts estimate that DBS lost at least half a day’s worth of revenue from transaction fees. DBS declined to comment on business impact yesterday. Analysts also said the disruption may have affected up to 40 per cent of customers who conduct their transactions online. While the breakdown was reported as early as 6.30am, DBS said in a statement that it had detected the problem at 3am. “Our priority was to restore our systems expeditiously and ensure complete data integrity was maintained. Our branch and ATM services were restored at 10am and all other systems were progressively restored by lunchtime,” read the statement. Office goers were among the first to feel the impact in the morning. At 8am, engineer Teo Thiam Chye tried to log on to DBS’ online banking services, only to find the system was down. Then he discovered that its ATMs across Singapore were out of service. He said: “What if we need cash urgently? The reason why I want to access the Internet is that I need to check whether my cheque is cleared. I’ve a cheque that I banked in that I’m expecting to clear by today — this information I can’t get.” Another DBS customer, Ms Daisy Wong, said: “(At) 8.30am, I went down to withdraw money, but the ATM machines were not working. (I was) so frustrated because I needed to do marketing. So I went back home.” DBS said it regretted the unavailability of services and has set good customer service as one of its key priorities. “During the first 1.5 hours of branch operations from 8.30am to 10am, we took proactive measures to ensure that there was minimal disruption to customers who needed cash urgently for their day-today needs,” it said in its statement. The bank honoured all cash cheques of $500 on the spot. Customers could also withdraw cash over-the-counter. Additional staff members were deployed to the branches and call centre. — The technical glitch that caused a seven-hour disruption of banking services yesterday of Singapore’s largest lender DBS and sister bank POSB could have resulted in delayed transactions of up to several millions of dollars. |
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| 06-Jul-2010 10:32 |
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rEcEntly we just knew that Orchard flOOd was an OFF-guard. CiTY flOOds alsO are OFF-guards. WHERE are the GUARDS ? ? ? ? yesterday DBS's daily Bread & Butter is OFF-guard as well CHEERS tO OFF-guardities OFF-guarding just became a BAD HABBiT ? ? ? ? |
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| 06-Jul-2010 10:27 |
DBS
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Severe Acute OFF-guarding Syndrome [SAOS] SAOS is iN the AiR everybody is an OFF-guarder nOwadays Complacent Incompetent Negligent Exuberant [CiNE] BEWARE AWARE SCARE CARE
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| 06-Jul-2010 10:15 |
Others
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Did you smell something in our air quality?
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A New SMELL is in the AiR ? ? ? ? DiSFLATiON ? ? ? ? TWiSTED way to iNcrease TRANSPORTATiON FARES with deteriorating SERViCE STANDARD and Conditions ? ? ? ? DiSFLATiON ODOUR is in every commuter's mOuth ? ? ? ? dOes commuter pay mOre Or pay less fOr their TRANSPORT ? The TRUTH is mOre ? ? ? ? HEARD the commuters ? ? ? ? |
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| 06-Jul-2010 10:04 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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AlmOst every week, bankers from different banks calling day and night to offer easy loans like desperado "Tai-Ye-Long". Because "Tai-Ye-Long" are never known to be desperado pushing loans. Some banks calling the same contacts every month, when each time the bankers are told there is nO nEEd for lOans. What the people need is gOOd investments with gOOd returns. "PrOvide gOOd iNvestments" is the job that gOOd banks shOuld dO. gOOd prOspects have nO shOrtage Of CASH There is a Severe Acute in Investment Returns. It is the Severe Acute Returns Syndrome [SARS] BANKS shOuld abandOne the usual "Tai-Ye-Long" mentality and become True Contemporary Banks. |
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| 06-Jul-2010 09:47 |
Others
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Did you smell something in our air quality?
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DUST STATiON should be installed at every building, residential and commercial, to SHOW TRUE DUST READiNGS of SiNGAPORE AiR QUALiTY | ||||
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| 06-Jul-2010 09:44 |
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Did you smell something in our air quality?
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Singaporeans already smelt DUST a DECADE AGO. Even if you CLOSED ALL the WiNDOWS DUST still land on your dinner table, desks, cabinets, TV consoles, sofas, books and shelves. DUST is everywhere every day. There is no END to the DUST CLEANiNG WiPE your DiNNiNG TABLE CLEAN iN the mOrning and by nOOn the mOre UNinvited DUST arrived like tOurists. Check your phone and computer screen tOO. SiNGAPOREANS are DUST refugees
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| 06-Jul-2010 09:37 |
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Did you smell something in our air quality?
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tO be Truthful to their Off-Guarding characteristics, authorities should be renamed as Off-Guardities fOr apprOpriateness.
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| 06-Jul-2010 09:31 |
Straits Times Index
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STI to cross 3000 boosted by long-term investors
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CHiNA banks are shOrt Of CASH ? ? ? ? SiNGAPORE banks are shOrt of bUsiness ? ? ? ? WiLL there be a CHiNA sub-PRiME CREDiT ? ? ? ? WiLL there be a SiNGAPORE BANKiNG CRiSiS ? ? ? ? |
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| 05-Jul-2010 15:12 |
Tiger Airways Rg
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TigerAir
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The mOst OverCharged cOst ElEmEnt iN tOday's AiR TRAVEL is the AiRPORT TAX. AiRPORT TAX cOsts mOre than the Budget AiR TiCKET. This is RiDiCuLOUS . . . . jUst fOr WALKiNG thrOugh the iMMiGRATiON iN the AiRPORT. This is The DEADLY DiSFLATiON |
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| 05-Jul-2010 14:36 |
Others
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DOW & STI
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dOw is subject tO INFLATiON and DEFLATiON STi is subject tO DiSFLATiON INFLATiON: LiViNG cOsts RiSE; PRiCES RiSE; SALARiES RiSE; DEPOSiT iNTEREST Rate RiSE; ANNUiTY RiSE; LOAN iNTEREST Rate RiSE; gOvernment eXpenditure RiSE; Taxes RiSE. DEFLATiON: LiViNG cOsts Fall; PRiCES Fall; SALARiES Fall; DEPOSiT iNTEREST Rate Fall; ANNuiTY Fall; LOAN iNTEREST Rate Fall; gOvernment eXpenditure Fall; Taxes Fall. DiSFLATiON: LiViNG cOsts RiSE; PRiCES RiSE; SALARiES Fall; DEPOSiT iNTEREST Rate Fall; ANNUiTY Fall; LOAN iNTEREST Rate RiSE; gOvernment eXpenditure RiSE; Taxes RiSE. DiSFLATiON is mOst DEADLY. It is iNternally generated and nOt iMpOrted. There is nO ESCAPE and cannOt be AVOiDED. It is a dOuble-EdgEd PRESS and cUts iNwards frOm bOth SiDES. CiTizens have tO DiE TWiCE frOm this dOuble SQUEEZE. DiE And DiE [DAD] DON'T call mE DAD |
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| 05-Jul-2010 13:52 |
Fixed Deposits
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Australian and New Zealand bankers are BUDDHAS to DEPOSiTORS. AUD NZD are HEAVEN currencies for DEPOSiTORS USD EUR SGD are HELL currencies for DEPOSiTORS
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| 05-Jul-2010 13:34 |
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Australian and New Zealand banks are "BUDDHA" Banks for DEPOSiTORS |
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| 05-Jul-2010 13:30 |
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BI (likely no change at 6.5%) on 5 Jul, RBA (likely no change for a second month at 4.5% on 6 Jul), BOE (likely no change to 0.5%), ECB (likely no change to 1.0% refi rate) on 8 Jul, and BOK could (finally!) initiate its first rate hike to 2.25% on 8 Jul. |
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| 05-Jul-2010 13:27 |
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May Bank is the "Kuan Yin" Bank for DEPOSiTORS. May Bank is WiN-Win Bank for DEPOSiTORS |
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| 05-Jul-2010 13:23 |
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Malaysia: · While there has been a slowdown in exports growth for Malaysia, we see this more of a normalization process and remain of the view that Malaysia’s exports would continue to support the economy for the rest of 2010. We have maintained our GDP growth forecast of 6.7% yoy for 2010, even as the government formally revised its estimate upwards to 6%. The key focus of the month was the tabling of the 10th Malaysia Plan in the parliament, in which the government expressed its aim to achieve 6% average growth by 2015 and plans to reduce its fiscal deficit down to 2.8% of GDP by 2015. Based on our view, this 6% target is workable even if it seems a little ambitious. The lack of details as to which specific industries that the government would focus on has led to some skepticism that private investment growth would reach the desired 12.8% yoy target. · On the OPR outlook, BNM Governor Zeti has turned more cautious in recent weeks, although the rhetoric from the central bank continues to suggest that it is not done in normalizing its interest rate. We pencil in another 25bps rate hike for the rest of the year, and this might very well come in early July, as the BNM sticks to its “earlier-the-better” mantra. |
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