Because in Singapore, branch and ATM availability is a source of competitive advantage. If I were a POSB customer who opened an account with POSB because of the convenience, I'd be very pissed off to see UOB or OCBC customers queueing up in front of me.

Yes for customers of the smaller banks but not really for DBS/POSB.

Same reason why Apple uses a proprietary 30 pin connector instead of micro usb like Android. Or why Apple, Android, BB, Windows and Nokia don't share their app stores. Why SBSTransit didn't share buses with SMRT during last month's MRT debacle. Why it took 10 years and a compulsory government edict to stop SIM locking in SG and another 10 more to get number portability.

That's because ATM networks are not as saturated as SG. If you find an ATM in Malaysia, especially all those pendalaman areas - it's probably the only ATM within walking distance.

I used to fly Ipoh-JB via AirAsia regularly a few years ago and would take Comfort Delgro taxis from JB's Kotaraya II bus/taxi terminal back to SG.

Point is that the SG taxis must have brought passengers from SG to JB in the first place.

You might want to google or even call Comfort to see how it works. Maybe you can even book one for 6am or something.

This guy's job scope is only Indonesia. He's not FD of Rio Tinto PLC. Only PT Rio Tinto Indonesia. From his task list, he doesn't have business or profit management/partnering and he doesn't have funding/treasury/credit. But he does have accounting and tax. So more of a controller. Probably reports to the Indonesia CFO or Asean FD/CFO.

This post has been edited by seantang: Jan 8 2012, 09:26 PM

No point for these posts in the Singapore thread. If you like these Indons so much, just follow them lah. Why heboh-heboh here?

And here's why I don't like audit firms: They abuse you and then expect you to say thank you for the privilege. We try not to hire former auditors who're managers or above... they are damaged goods.



This post has been edited by seantang: Jan 8 2012, 11:31 PM

At the risk of being stereotypical, my experience was that THEY think they are capable of doing ANY finance process and have business acumen in abundance. This is ok for people with 2-3 years experience. Auditors with that experience have typically seen more and done more than their peers in commercial. But it's quite different if you're talking about 7-10 years or more in the big MNCs where they have to compete with people who've by now, become subject matter experts for their specialist areas. Despite what THEY think, former audit managers are basically generalists (in terms of their knowledge in areas other than statutory accounting) attempting to compete in specialist areas. Very few are recruited to manage the entire dept or function or business where their generalist skills might be a better fit.

In terms of business acumen, they always keep talking about how their clients did this, did that etc... but if called upon to make go/no-go decisions on pricing, tactics, customers, investments, purchases - where they need to pay for and live by their decisions (not their clients) - they freeze. They simply have no experience running a business.

This post has been edited by seantang: Jan 9 2012, 05:50 PM

Ask people.
Ask he.
Already.

This post has been edited by seantang: Jan 9 2012, 08:41 PM

I hired them, I trained them and one of them will succeed me one day. But as with all things in life, there are no absolutes.

cbb

This post has been edited by seantang: Jan 9 2012, 10:51 PM

Thank you, Mouth of Sauron.

Will be back in Malaysia this Sunday until after CNY... working from home though, rather than being on leave.

Dunno why some types of people always like to make themselves feel better by making motherhood, across-the-board, impossibly definitive conclusions like "engineering is better than accounting". In all industries, you have some greater roles, lesser ones and all have to work together to keep the corporate engine running. It is pointless to generalize.

I've been to Billy Bombers at Cineleisure Orchard quite a few times for their 1 for 1 lunch deals (Citibank card deal, I think). It's okay lah at half price ($14-15), much better than what you'd get at Jack's Place for the same price. Food quality is comparable to Applebees at 111 Somerset (old Singapower building). But the Cineleisure outlet has a reaaally hot Filipina waitress... so food for both tummy and eyes.

Best ribs, steak, gwailo cooking meat... Lawry's at Mandarin Gallery. Expect to spend around a hundred bucks per head for entree and dessert, not including drinks.

It's a "sales director's in town and looking for dinner partner" place for me.

Ippudo's nice... keep adding sides until the damn ramen's $30-40 a bowl. Another place I won't spend my own money on.

Clarke Quay... sorry... not a Clarke Quay fan. Only been to Hooters there, and a couple of nameless, not very memorable places.

You do realise that the mods just momentarily banned this thread for /k posts like the one above, right?

If you work in SG, they'll just send you somewhere else for business trip, no?

You can make yourself pregnant?

Asexual reproduction means that just one "parent" can produce offspring... like bacteria, some amphibians.

Unisex... since there's no such scientific definition outside the hairdressing field - I can only assume it means our friend has "UNITED" both male and female sexual reproductive organs in his body... thereby heshe is capable of f-ing himself

This post has been edited by seantang: Jan 15 2012, 11:50 PM

You are putting yourself in the same talent pool as Bill Gates and Mark Zuckerberg?