Investor sue DBS over Lehman bonds

Read this article:
http://www.bloomberg.com/news/2010-12-09/dbs-accused-of-misrepresenting-lehman-related-product-in-singapore-lawsuit.html

Use Excel formulas

This article explains how to use the formulas in Excel to calculate the yield, future value and other financial calculations.

Ask Mr. Tan

90% tax on banker's bonus

 Irish Finance Minister Brian Lenihan said he would include a 90 percent charge on bankers' bonuses in the budget bill.

http://www.cnbc.com/id/40564596

Taxi service in Kuala Lumpur

I took a taxi at the hotel in KL Convention Center to Bukit Bintang. It was easy to get a taxi. On the return trip, I flagged down a taxi on the road. It was also easy to get a taxi. The fares are quite affordable, compared to Singapore.

KL International Airport

I visited Kuala Lumpur three days ago. The internal train connecting the terminals was out of operation, so I had to take a shuttle bus. It was quite a hassle.

There was a long queue at the immigration checkpoint. There were insufficient officers clearing the visitors during the holiday season. I had to wait about half an  hour.

The KL International airport was designed to have a central point for immigration and baggage collection, although the planes arrive at different satellite terminals.

Singapore Changi Airport operate on a decentralised system, with separate baggage collection and immigration clearance at each terminal. This allows the work to be decentralised and distributed. I find the arrangement in Change to be better for travellers.

Tan Kin Lian

Medical report fee charged by the Singapore Dental Center

I received an email from the Chief Financial Office of the Singapore Dental Center to point out that their actual cost of preparing the medical report is higher than the amount that they charge for the report. Earlier, I had mis-interpreted their letter (printed in the Straits times) that the cost is lower - suggesting that the center had made a profit on the report.

Risk of becoming an insurance agent

Some people gave up an office job to become an insurance agent, on the promise of being able to increase their earnings significantly. There are risks, as explained by the wife of an ex-insurance agent.
www.tankinlian.com/ask.aspx
http://tankinlian.com/admin/file.aspx?id=297

Do consider carefully, before you jump in. You may face stress, feel bad about cheating your friends, or suffer financial loss!