Scheduled Maintenance - POSB

Scheduled Maintenance - POSB

We are constantly upgrading our systems to bring you a more pleasant banking experience. During the mentioned period of scheduled maintenance, some of the services will not be available:

iBanking
Date	Maintenance Period	Services under Maintenance
Every Sunday	0400hrs to 0700hrs	System Maintenance - Foreign Currency Current Account (FCCA) - Foreign Currency Fixed Deposit (FCFD) - Multi-currency Autosave (MCA) - Multiplier Account
19 Jun 2016	0245hrs to 0300hrs	System Maintenance - MCSA Funds Transfer, and Portfolio Enquiry - Online Equity Trading (OET)
19 Jun 2016	0000hrs to 0600hrs	System Maintenance - Fast Funds Transfer to Other Bank (New/Existing Payee) - Adhoc Fast Funds Transfer to Other Bank - Fast Transaction History - View/Delete Post Dated Funds Transfer
22 Jun 2016	0000hrs to 0500hrs	System Maintenance - Mobile Prepaid Topup
26 Jun 2016	0000hrs to 0600hrs	System Maintenance - disruption of services
02 July 2016	1000hrs to 0000hrs	System Maintenance - Online Equity Trading (SG) - iB trading services
03 July 2016	0000hrs to 1300hrs	System Maintenance - Online Equity Trading (SG) - iB trading services
10 July 2016	0200hrs to 0300hrs	System Maintenance - Intermittent disruption of services

digibank app
Date	Maintenance Period	Services under Maintenance
19 Jun 2016	0245hrs to 0300hrs	System Maintenance - MCSA Funds Transfer, and Portfolio Enquiry
19 Jun 2016	0000hrs to 0600hrs	System Maintenance - Fast Funds Transfer to Other Bank (New/Existing Payee) - Adhoc Fast Funds Transfer to Other Bank - Fast Transaction History - View/Delete Post Dated Funds Transfer
26 Jun 2016	0000hrs to 0600hrs	System Maintenance - disruption of services
10 July 2016	0200hrs to 0300hrs	System Maintenance - Intermittent disruption of services

SMS Banking
Date	Maintenance Period	Services under Maintenance
22 Jun 2016	0000hrs to 0500hrs	System Maintenance - Mobile Prepaid Topup
26 Jun 2016	0000hrs to 0600hrs	System Maintenance - disruption of services
10 July 2016	0200hrs to 0300hrs	System Maintenance - Intermittent disruption of services

PayLah!
Date	Maintenance Period	Services under Maintenance
22 Jun 2016	0000hrs to 0500hrs	System Maintenance - Mobile Prepaid Topup
26 Jun 2016	0000hrs to 0600hrs	System Maintenance - disruption of services
10 July 2016	0200hrs to 0300hrs	System Maintenance - Intermittent disruption of services

D2Pay
Date	Maintenance Period	Services under Maintenance
22 Jun 2016	0000hrs to 0500hrs	System Maintenance - D2Pay
26 Jun 2016	0000hrs to 0600hrs	System Maintenance - disruption of services
10 July 2016	0200hrs to 0300hrs	System Maintenance - Intermittent disruption of services

- wong chee tat :)

Scams exploiting infocomm tech on the rise in Singapore: Police

Scams exploiting infocomm tech on the rise in Singapore: Police
From January to April this year, authorities received at least 190 reports of internet love scams involving approximately S$7.5 million, almost matching the 198 cases involving S$8.8 million for the whole of 2014.

By Loke Kok Fai
Posted 15 Jun 2016 00:20 Updated 15 Jun 2016 23:30

SINGAPORE: The 19-year-old man entered a 7-Eleven store along Yishun Avenue 5 around 2am, wanting to buy an iTunes gift card.

But when Rosida Arshad saw that he was already holding a gift card worth about S$100 in his hands, the quick-thinking sales assistant decided to caution him that the card was non-refundable and non-exchangeable.

She also showed him an information card given by the police that explained a common scam - an attractive lady on social networking app WeChat approaches and convinces victims to buy and transfer online credit from gift cards, for the promise of a date or sexual services which never materialise.

"Once he saw it, he said: 'I've been scammed'," said 47-year-old Madam Rosida.

FRAUDSTERS USING SOCIAL MEDIA TO PROFILE VICTIMS: POLICE

Police said that the number of such scams, which exploit infocomm technologies, has surged in Singapore since the start of the year and are involving increasingly large sums of money.

Police Superintendent Chew Jingwei, who heads the Commercial Affairs Department's Syndicated Fraud Branch, said fraudsters have been able to exploit the cloak of anonymity afforded by the internet and the increasing popularity of social media platforms in Singapore to reach across borders "within seconds".

"Today's internet users share quite a bit of their social lives and personal information on social media platforms, so it's easy for fraudsters in certain scams to target who exactly they want as victims by doing a bit of profiling on the internet," said Supt Chew. "For example in credit-for-sex scams, we see that the victims are all men who are looking for female friends on Chinese-based social media platforms."

While he said the police will continue to intensify public education efforts to increase awareness of such scams, they appear to face an uphill task.

Despite police community engagement efforts in the Yishun North neighbourhood since September 2015, Madam Rosida said more are falling victim to scams. She told Channel NewsAsia that what used to be a single customer demanding a refund for purchasing gift cards every two or three weeks has slowly grown to one or two customers every one or two weeks.

"I show them the poster and tell them ‘no refund or exchanges’. I ask them to read - I don't know whether they read it or not, but they just look at the poster and insist on buying," she said.

These customers often return after half an hour trying to insist on refunds or exchanges. When they are rejected, Madam Rosida often spots them pacing outside the shop and talking on the phone.

"Then I know that this guy has been scammed," she said.

Police said 200 cases of credit-for-sex scams have been reported from January to April this year, involving at least S$422,200 in total. These figures surpass the 66 cases involving S$118,000 reported for the whole of 2014.

In the same time period this year, authorities received at least 190 reports of internet love scams involving approximately S$7.5 million, almost matching the 198 cases involving S$8.8 million for the whole of 2014.



Most victims of such scams are women aged between 30 and 59, and holding professional jobs. They are approached on social media platforms such as Facebook, Meetup.com and Skout, and form relationships with online "lovers", who then feign financial difficulties and ask for money.



Internet love scams such as these cheated victims of the greatest amount of money in the first four months of this year out of the scams involving infocomm technologies, followed by scams involving fraudsters impersonating authorities from China or Singapore who tell victims that parcels containing illegal items have been shipped in their name.

Using convincing methods such as spoofed local phone numbers and addresses for the appearance of greater authenticity, the impersonators trick victims into transferring funds into foreign bank accounts or into disclosing personal information to "settle the case". To date, more than 50 such scams have been reported, involving around S$4 million.



Impersonation scams and internet love scams account for the top 10 largest single cheating cases in the first four months of the year, with an impersonation scam claiming the highest amount lost by a victim in a single case this year - S$2.3 million.



- CNA/mz


- wong chee tat :)

Primary 1 registration to start on Jun 30

Primary 1 registration to start on Jun 30
Children born between Jan 2, 2010, and Jan 1, 2011, have to be registered at this year’s P1 Registration Exercise for admission to primary school next January.

Posted 16 Jun 2016 12:14 Updated 16 Jun 2016 13:10

SINGAPORE: The registration of children for admission to Primary One (P1) classes next year will start on Jun 30 and end on Aug 26, the Ministry of Education said on Thursday (Jun 16).

Children born between Jan 2, 2010, and Jan 1, 2011, (both dates inclusive) have to be registered at this year’s P1 Registration Exercise for admission to primary school next January.

All primary schools will open for registration from 8am to 11am and from 2.30pm to 4.30pm from Mondays to Fridays during the registration period.

Details on the list of primary schools and vacancies available, including a list of registration centres for new schools, can be found on the P1 Registration website.

Starting in 2015, children who secure a place for P1 next year based on the proximity of their homes and the school will have to stay at the address until they finish Primary 2.

Any registrant found to have provided false information during the P1 Registration Exercise will be referred to the police for investigation, the ministry said.

ONLINE REGISTRATION

Parents registering their children for Phase 2C and 2C Supplementary can do so online using their SingPass via the Primary 1 Internet System (P1-IS).

The P1-IS is accessible 24 hours during the Phase 2C period from 9am on Jul 26 to 4.30pm on Jul 28 and the Phase 2C Supplementary period from 9am on Aug 9 to 4.30pm on Aug 11.

From July, Two-Factor Verification (2FA) will be required to log in to the P1-IS. Parents who intend to register online are advised to set up their SingPass 2FA early, MOE said.

Parents who do not wish to make an online registration can also go to their school of choice to register.

- CNA/cy

- wong chee tat :)

Singapore joins tax framework led by OECD and G20

Singapore joins tax framework led by OECD and G20
Under the new tax framework, Singapore will implement minimum standards aimed at preventing "aggressive tax planning" by multinationals.

By Nicole Tan
Posted 16 Jun 2016 19:41

SINGAPORE: Locally headquartered multinationals will soon have to file reports broken down by country as well as income and taxes to the Inland Revenue Authority of Singapore (IRAS).

In a statement on Thursday (Jun 16), the Ministry of Finance announced that Singapore is joining the tax framework led by the Organisation for Economic Co-operation and Development (OECD) and G20.

The OECD Base Erosion and Profit Shifting (BEPS) Action Plan was initiated in 2013. Under the framework, Singapore will implement minimum standards aimed at preventing "aggressive tax planning" by multinationals. The framework also includes setting standards on countering harmful tax practices, preventing treaty abuse, transfer pricing documentation, and enhancing dispute resolution.

This supports the principle that companies are taxed in the country where the economic activity takes place.

Multinational firms with a group turnover of more than S$1.125 billion and whose parent firms are in Singapore will have to report financials and economic activity to the tax authority on a country-by-country basis, for financial years starting in 2017.

IRAS will consult Singapore-headquartered multinationals further on the implementation details of country-by-country reporting (CbCR), and release details by September 2016.

NOT MANY WOULD BE AFFECTED: PwC

Tax consultants estimate that less than 100 firms will be affected. Still, advocating such tax principles can help raise the city-state's competitiveness.

"There won't be a large number of companies affected,” said Ms Nicole Fung, transfer pricing leader at PricewaterhouseCoopers Singapore. “Our estimate: It'll be less than 100. And these companies are not just in Singapore. They're global companies and they play in the international space. And so in terms of additional costs, I don't think there will be additional cost because even if Singapore doesn't have these requirements, they would have to comply with other jurisdictions that have these requirements.

“We actually end up being more competitive when we're adhering to it, because global companies just want to run their business. They don't really want to have issues regarding their tax.

"So they would want to be located in a country where the country embraces these principles, is respected, part of the international community where these principles are concerned, so that at the end of the day, the company or the group is not tainted just by virtue of the fact that it has operations in Singapore," Ms Fung said.

- CNA/ek

- wong chee tat :)

June 2016 Singapore Savings Bonds - GX16070A

Issuance details -  GX16070A

Bond ID	GX16070A
Amount available	$300 million
Issue date	1 Jul 2016
Maturity date(1)	1 Jul 2026
Interest payment dates(1)	The 1st interest payment will be made on 1 Jan 2017, and subsequently  every six months on 1 Jul and 1 Jan every year.
Investment amounts	You can invest a minimum of $500, and in multiples of $500 up to  $50,000 for this issue. The total amount of Savings Bonds held across  all issues cannot be more than $100,000.
Application period	Opens: 6.00pm, 1 Jun 2016 Closes: 9.00pm, 27 Jun 2016 Results: After 3.00pm, 28 Jun 2016 Keep track of the important dates with our SSB calendar.
Apply through	DBS/POSB, OCBC and UOB ATMs and DBS/POSBInternet Banking,  from 7.00am - 9.00pm, Mon - Sat, excluding Public Holidays. On  1 Jun 2016, these channels will be open from 6.00pm to 9.00pm.  CPF and SRS funds are not eligible.

This bond will be reflected as "SBJUL16 GX16070A" in your CDP statement and "CDP-SBJUL16" in your bank statement.

Interest rates

Year from issue date	1	2	3	4	5	6	7	8	9	10
Interest, %	0.93	1.15	1.62	2.15	2.41	2.41	2.42	2.46	2.57	2.82
Average return per year, %*	0.93	1.04	1.23	1.46	1.64	1.76	1.85	1.92	1.99	2.06

* At the end of each year, on a compounded basis

Calculate the interest you will earn based on your desired investment amount using the Interest Calculator.

(1)If this day is not a business day, payment will be made on the next business day.

- wong chee tat :)

McAfee DAT version = 8197 (jun 15th 2016)

McAfee DAT version = 8197 (jun 15th 2016)

Link: here ( Select Yes. And it keeps getting updated daily. Region=US)




- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

Homage to the 36 trillion, 119 thousand, 500 Amitabha Buddhas

- wong chee tat :)

Blog Updates:

Blog Updates:

Minor updates:

- Update labels on some old posts

Will continue to make minor improvements for this blog!

- wong chee tat :)

Medicine Master Buddha

- pic from Internet


- wong chee tat :)