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boyikao3 ( Date: 18-Aug-2010 23:56) Posted:
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Ha ha, who knows, may be, the person is the new bleed, Casino MFT. Nonetheless, 5.9 mil per day, really is not a joke liao.
If the bulk of earning r from rich people round the world n fr local, r fine. But if portion of it r from lower income people fr local, thats sad case loh. Ha ha, my auntie's frd switches fr cruise to RWS n Sands liao, never hear her win money.
In time to come, when gambling catches on even more...
And a 'gambling economy' becomes the norm,
gambling to the tune of millions will be 'sup-sup-soi' (commonplace),
even for for ordinary people...
hehehe...
It just way too hard to believe.. It was reported that he played $400,000 per hand..
Who in S'pore earns $400,000 a year?? The Elite few.. Surely such $$ can be put to better use like stocks !
I love baccarat too.. But i know my limits.. The joke is he wants to sue the casino for his losses.. Makes no sense to blame ppl for your loss !?
AK_Francis ( Date: 18-Aug-2010 20:49) Posted:
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WHY NO GOVERNMENT WANT ?
WORLD CLASS Testing and WORLD CLASS Certification tO ensure a high level of integrity and Fairness in the RETIREMENT & PENSION FUND GOVERNANCE ?
pharoah88 ( Date: 18-Aug-2010 23:48) Posted:
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sOmehOw sOmebOdy DON'T WANT
Testing and Certification tO ensure a high level of integrity and fairness in the bankIng industry
Playing for the BIG STAKES
Testing and certification ensures a high level of integrity and fairness in the gaming industry
FOR Weike Gaming Technology, testing and certification are important parts of the business as they allow the company to compete in the highly-regulated casino industry.
Founded in 1998, Weike designs, develops and manufactures gaming products such as slot machines, electronic table gaming machines and network systems for Asian markets such as Singapore, Macau, the Philippines and Malaysia.
According to chief executive David Kinsman (picture), the company’s client list includes top gaming operators such as Las Vegas Sands and the Genting Group, and sales are forecast to reach US$20 million ($27.1 million) this year.
Testing and certification are of utmost importance for the gaming manufacturer as all its products need to comply with various international and country regulations, Mr Kinsman said. In Singapore, Weike’s gaming equipment is certified to the Casino Regulatory Authority’s technical standards.
Gaming machines are first assessed on whether they match regulatory technical standards. Then, they are subjected to “platform integrity testing”, which includes electrical safety. Finally, there is a round of mathematical testing to ensure that the machines operate as they are designed to do.
Testing and certification can also help elevate the standards of manufacturing.
In the case of Weike, industry best practices were introduced to its manufacturing process to improve the quality and performance of the company’s products.
This helped Weike bag the 2009 Best Asian Manufacturer Award by However, the testing and certification process has not been easy for Weike. Each piece of gaming equipment that Weike produced had to be sent to the United States or Australia for the procedure.
“As gaming machines are typically bulky and heavy, it is costly to ship them around. It is also very time consuming,” said Mr Kinsman.
So it was good news to Weike in April this year, when the Singapore Accreditation Council (SAC) granted accreditation to the first gaming testing laboratory in Singapore, BMM Compliance.
BMM has been assessed under SAC’s Accreditation Scheme for Gaming Laboratories, which is based on international standard ISO/IEC 17025. It covers both the management system and the technical capability of the laboratories.
Here, the BMM laboratory provides an easily-accessible facility for Weike to test its products for various regulated markets around the world.
“Having a laboratory at our doorstep makes the entire process simpler and faster. We can also work closely with them to improve on our products quickly,” Mr Kinsman said. Betting on future growth With some 60 casinos and 340 clubs in Asia, the gaming industry is poised for further growth. Estimated gaming machine sales for the region average between US$50 million and US$75 million annually.
The presence of gaming testing laboratories in Singapore will also attract other gaming machine manufacturers to set up operations here, said Mr Kinsman.
ah_seng1001 ( Date: 18-Aug-2010 20:29) Posted:
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TODAY : Local businessman loses $26m at RWS casino over 3 days
Who contributed the most to Genting profits ??
despite offering very attractive salary packages and rewarding career paths
ATTRACTIVE SALARY:
1) What is the HOURLY RATE ?
Is it enOugh tO pay fOr Breakfast of 4-member Family ?
2) What is the DAILY RATE ?
Is it enOugh tO pay fOr Daily TranspOrt cOst and three sqUare meals fOr 4-member Family ?
3) What is the MONTHLY SALARY ?
Is it enOugh tO pay fOr MONTHLY EXPENDITURES fOr 4-member Family ?
3.1 MONTHLY RENT Or MONTHLY hOuse iNstalment
3.2 MONTHLY [3 DAILY MEALS] FOOD and GROERIES EXPENDITURES fOr ALL 4 Family Members
3.3 MONTHLY TRANSPORT EXPENDITIRE fOr ALL 4 Family Members
3.4 MONTHLY MAINTENANCE FEE & CONSERVANCY CHARGES
3.5 MONTHLY UTILITIES EXPENDITURES
3.6 MONTHLY HOME and MOBILE PHONE BILLS
3.7 MONTHLY EDUCATION EXPENDITIRES fOr 2 Children
3.8 MONTHLY POCKET MONEY fOr ALL 4 Family Members
3.9 MONTHLY MEDICAL EXPENDITURE fOr ALL 4 Family Members
3.10 MONTHLY HOSPITALISATION & SURGERY INSURANCE PREMIUM fOr ALL 4 Family Members
3.11 MONTHLY ACCIDENT INSURANCE PREMIUM fOr ALL 4 Family Members
3.12 MONTHLY SAVINGS Of 10% Of Take Home SALARY
4) Is there a Guaranteed 13th Annual Wage Supplement (AWS) ?
5) Is there a 14th Month ANNUAL BONUS ?
In summation, does the Annual Compensation Package enough to cOver ALL annual Living Expenditures Of 4 Member Family ?
This is the UNcOndIOnal CONDITION fOr an EMPLOYEE tO iNVEST ALL HEART & SOUL intO an EMPLOYMENT.
That is, whether the EMPLOYER iNVESTS ALL HEART & SOUL intO an EMPLOYEE.
This is RED HERRING
red herring
pharoah88 ( Date: 18-Aug-2010 18:50) Posted:
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Looking for locals
S’poreans just won’t take cleaning jobs: HR manager
Letter from Grace Seow Mei Ying
AS A human resource manager in an SME (small/medium-sized enterprise) offering premium indoor hygiene services, I find it very challenging to recruit locals as professionally-trained cleaning specialists, despite offering very attractive salary packages and rewarding career paths.
All possible avenues have been tried to attract local talent — through newspaper advertisements, recruitment agencies, participating in job fairs together with the Community Development Councils, and so on — but the results have been disappointing.
In order to deliver on incoming customers’ orders, cleaning companies need to recruit staff from China and Malaysia, who are willing to accept the physically-taxing, long working hours.
My recruitment challenges do not end here. Recent measures by the Government to tweak the foreign worker levy have made it more difficult for me to employ more foreign workers.
Other local cleaning companies’ HR managers, whom I have spoken to, face the same recruitment predicament and are experiencing high turnover rates among Singaporean staff.
Why are locals not interested in this job sector?
Common reasons given are long working hours and the physical nature of the job.
While the Government’s controls on foreign labour are warmly welcomed as a means to moderate job competition, companies that rely heavily on foreign workers — not by choice — are the ones that suffer.
The year-end cleaning season is approaching but without an adequate operation, how would cleaning companies deliver their services if there is no manpower to recruit?
As I am not the only HR manager facing this problem, any assistance or advice from the relevant Government bodies would be helpful.
DIE FAST
LIVE FAST
BUST becOmes
MULTI-BAGGER BUST
BOOM becOmes
MULTI-BAGGER BOOM
pharoah88 ( Date: 18-Aug-2010 18:17) Posted:
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HEARD:
DARK POOL +
TIGER SHARKS
= Multi-TURBO CHARGER
cathylmg ( Date: 17-Aug-2010 13:13) Posted:
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nOn dOcumentaiOn and nOn aUditing
are serIOUs faIlUres iN
cOrpOrate prOcess gOvernance
pharoah88 ( Date: 18-Aug-2010 17:45) Posted:
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pharoah88 ( Date: 17-Aug-2010 12:48) Posted:
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The smart shopper
From the ashes of the economic meltdown comes a new breed of judicious shoppers
Peter Yeo peteryeo@mediacorp.com.sg UNLIKE for some, the economic downturn last year was a good thing for Ms Nicole Chiang. The 36-year-old owner of Edge Arumi, a fashion boutique, had liquidated some assets before the slide and was able to afford more with less as desperate businesses slashed prices, which translated to more travel and shopping opportunities.
But the economic downturn has done more than just provide the prudent with a higher purchasing power. It has created a new breed of shoppers, one who is more judicious with their spending.
Director of communications insights, Asia Pacific, Omnicom Media Group, Mr Guy Hearn, said: “Even though the economy has bounced back well in Singapore, consumers are still buying cautiously.
Not only must they like an item, or think it’s the best, but they must also believe that it’s the smart thing to do to.
“The Internet has helped this, making it easier for consumers to research and review their purchases. Research has shown that consumers not only trust the opinions of their friends and family — as might be expected — but they are also very likely to trust people they don’t know, such as comments and reviews that they read on online forums, social networking sites and message boards”.
However, Mr Hearn disagreed with the strategies of many retailers who slashed prices.
“There is a danger in doing this as it teaches shoppers to ignore brand values and to focus on price. Singaporeans are always interested in a bargain, that’s nothing new, but the discounting and promotions during the recession led consumers to place even more emphasis on price.
“There are many ways to help a consumer feel smart other than through discounting, for example through bundling, longer guarantees, service packs, helping them to maximise their usage of the product, saving them time etc”, he said.
Mr Dan Gibson, managing director, Ogilvy and Mather Advertising, offered:
“Singaporean shoppers tend to be more conservative, and research has shown that they’re more interested in reliability, brands that have stood the test of time.
Consumers will definitely be asking around and doing their own research before buying, and they would turn to the Internet to make sure they’re getting the best value.
“There’s a growing role for marketers and advertising agencies to use digital marketing to supplement traditional media (because people are still reading the papers and watching the TV) for a multi-discipline engagement with their target audience. So an integrated communication strategy that can tap on the strengths of both online and traditional media to enable brands to reach the right audiences is key.”
Mr Jef Tan, managing partner of Tonic Asia, a creative agency, quipped: “As the world becomes more connected, we become more discerning with our purchases.
“Gone are the days where I buy a product only to have friends tell me it’s a bad investment. Now, I check the value before I buy.”