Pay suppliers promptly to save cost
I heard that government agencies take a long time to pay their suppliers. This is a "stupid" way to do business. Let me tell you why. When I was in charge of an insurance company, I instructed the finance manager to pay the motor repairers promptly when they receive the invoices. They wanted to wait for 30 or 60 days. I overruled...
PM Lee’s threat to sue The Online Citizen
Even on a Sunday (1st September 2019) the press secretary to the prime minister had to work. And it was not even work for the country though the threatening three-page letter was written on official stationery. The prime minister is unhappy because of an article and a facebook post that allegedly repeated his siblings’ falsehoods...
Marketing gimmicks that lead to wasteful practices
I dislike marketing gimmicks that lead to wasteful practices. Here are some examples: a) Credit cards, airlines and telephone companies offer points based on purchases. These points can be converted into benefits. I find it confusing to use the points. Quite often, they are a waste of time. After a while, I decided to ignore...
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