MAS promotes the use of e-hongbaos for the upcoming Chinese New Year

digital red packet via QR code

The Monetary Authority of Singapore (MAS) shared on Monday (Jan 11) that those marking the upcoming Chinese New Year are advised to offer e-hongbaos. This would help minimise queues for new bills and for individuals to do their part for the environment.

Individuals who want to use physical notes would need to make online bookings to receive the bills.

Pre-booking & pre-ordering required

For DBS Bank, Oversea-Chinese Banking Corporation (OCBC) and United Overseas Bank (UOB), pre-booking is mandatory. Before entering bank branches, visitors would need to schedule an appointment online. But there are exceptions for the elderly above 60 years old and people with disabilities.

Pre-order of new notes are available at Maybank and Standard Chartered starting Jan 18. The collection will be available from Jan 25.

DBS customers to take note
atms in Singapore

Image Credits: adaptiverecognition.com

DBS is expanding the number of online reservation slots up to two times this year to serve more people.

Users can also withdraw new banknotes from 61 pop-up automated teller machines (ATMs) throughout 41 locations from Jan 25 to Feb 11, marking an increase from 2020. This service does not require a reservation.

DBS’ new notes pop-up ATM map locator can advise approximate wait times at each venue to help its users avoid busy places. Click through the link before you make the trip down.

“Remote gifting” an ideal way forward

Here is a reminder that Singapore is currently in phase three of its reopening of the economy and social events of up to eight people are permitted.

The MAS said that e-hongbaos would facilitate virtual gifting across a range of visits, like video conferences. It is also more environmentally friendly to have e-hongbaos because it lowers the printing production. Also, it lessens eventual wastage of new bills returned to banks after the festivities.

Mr Bernard Wee, MAS’ assistant managing director for finance, risk and currency, commented that for each Lunar New Year, the carbon emissions produced by the development of new notes are forecasted at around 330 tonnes.

“This is equivalent to emissions from charging 5.7 million smartphones or one smartphone for every Singaporean resident for five days,” he added.

Banks share their thoughts on this
red packet recycling bins

Image Credits: fintechnews.sg

Customers who give e-hongbaos using PayNow can attach specifically designed holiday visuals! This includes Chinese New Year good wishes, revealed the Association of Banks in Singapore (ABS).

DBS adds that those who prefer to stick to physical hongbaos can choose to recycle them instead. Consumers can drop off used red packets into specific recycling bins at full-service DBS and POSB Bank branches.

According to the authorities, e-hongbaos are part of a broader move to e-gifting advocated by MAS and ABS.

“The coming Lunar New Year offers an opportunity for us to build on this momentum, to spread the benefits of e-gifting, and to forge new traditions with our families and friends,” Mr Wee remarked.

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Thai eatery in Golden Mile Complex sells $10 Omelette Crab Fried Rice with generous amount of crab meat

Fried rice with generous portion of grab meat

Can’t go to Bangkok and missing Thai food already? Get your craving fixed at Golden Mile Complex.

Flying Pig, a new Thai eatery located at Golden Mile Complex, is a little gem that serves authentic Thai food at affordable price.

One of the absolutely must-try is the Omelette Crab Fried Rice. For just $10, you get a plate of omelette fried rice topped with huge chunks of sweet crab meat. You also get a special chilli dip that has a ‘zing’ to it.

If you have a huge appetite, you can go for their Special Omelette Rice at $29 which consists of a huge plate of seafood omelette fried rice topped with crab meat, prawn, garlic and thai basil pork.

They also serve other authentic Thai food such as Beef Noodle,  Seafood Fried Mama, Pad Thai, Papaya Salad and more.

Here’s a menu for your reference:

 

Yum.

Address: 5001 Beach Rd #01-39, Golden Mile Complex, Singapore 199588

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5 Places To Buy Preloved Luxury Bags In Singapore

As more and more people lean towards sustainable fashion, we are beginning to embrace the “less is more” mentality. Known figures such as Marie Kondo and Fumio Sasaki help us to treasure what we already have and to lessen our material possessions. One of the best ways to shop consciously is by purchasing preloved or secondhand items.

You are not only saving the environment by going for preloved items, but you are also saving money by paying less. Moreover, shopping for preloved designer bags can be fun as it lets you discover the unique pieces form past seasons or decades. Standout from the crowd with a unique piece as you discover the following places where you can buy or rent preloved designer bags in Singapore.

#1: ZALORA

Zalora is one of Asia’s fashion e-commerce giants. If you are looking for preloved designer items from shoes to bags, look no further than Zalora Singapore. It has partnered with Singapore-based second-hand luxury company StyleTribute to offer over 10,000 preloved fashion pieces. You can also pair a preloved designer handbag with a vintage jewelry piece from the same store.

#2: REEBONZ

Reebonz is a well-known website that hosts a wide range of new and preloved luxury bags and accessories. The website curates designer labels from affordable luxury brands such as Alexander McQueen and Tory Burch to high-end luxury brands such as Prada and Hermes. Some brand new bags are offered on discount too. As you browse the shop, do not forget to read the condition or description of each bag. You see, they have a grading system from unused quality to good condition.

Image Credits: unsplash.com

#3: MADAM MILAN

With several physical stores in Singapore, Madam Milan is a popular place where you can buy or sell your luxury bag. What is nice about Madam Milan is its ability to collect limited edition bags, vintage bags, and in-season bags. Furthermore, you may pay thru a monthly scheme (e.g., S$50 per month). Visit the physical or online store to learn more.

#4: STYLETRIBUTE

As mentioned a while ago, StyleTribute is a marketplace with highly curated pieces. Every luxury item is authenticated by a team of in-house experts. You can either purchase a preloved designer handbag or sell yours through their white glove service. Your item will be collected and listed or you can upload your listing using a mobile app.

#5: LENDOR

Taking the last spot is Lendor – an Airbnb for personal belongings. From hiking equipment to luxury bags, you may rent fashionable items for affordable rates. You have the option to rent a luxury bag that you will only use for a single event. Shoppers have the ability to try out their dream luxury bags before committing to a purchase. For instance the Celine Luggage Bag is listed as S$30/day.

Image Credits: unsplash.com

Lendor’s mobile app may be fairly new to the scene, but it is certainly gaining a fair amount of buzz.

Source: 1

 

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28-year-old League of Legends e-sports coach earns 2x of a fresh university graduate’s salary

League of Legends e-sports coach Jenson Goh

A mechanical engineering graduate and League of Legends e-sports coach Jensen Goh, reveals that his salary is about two times that of a fresh university graduate’s. The 28-year-old Singaporean began his e-sports career as a shoutcaster way back in 2013. Over the years, he made the switch to coaching.

Mr Goh stumbled on an audition for shoutcasters, who provide running commentary for e-sports events in 2013, just a few days before his first-year university exams. He took a leap of faith and passed the audition initiated by Garena, a gaming corporation, and began his freelance shoutcasting vocation for League of Legends, a well-known online game.

Remunerated up to S$1,000 doing commentaries

After being exposed to League of Legends by a friend, Mr Goh only played the game for a year. But clearing the auditions marked the beginning of his professional e-sports career.

Working as a shoutcaster for four days a week making various live game responses, he received up to S$1,000.

Mr Goh bashed the teams’ game strategies when commenting for the Singapore and Malaysian circuits in 2015. He decided to “put his money where (his) mouth was” and therefore called out to these teams to lend a helping hand.

Held several responsibilities as a student
National University of Singapore

Image Credits: todayonline.com

Mr Goh had to coordinate shoutcasting jobs and to train amateur teams as an undergraduate student during his years at the National University of Singapore.

In 2016, a decisive moment emerged when he had to pick between an engineering internship and a Garena internship. He would be entrusted with the viewership growth, overseeing advertising content and player activities in the latter.

Mr Goh eventually picked the internship with Garena, which bolstered his commitment to pursue an e-sports profession.

Coaching a professional team for the first time in 2017

He got a coaching opportunity with the Taiwanese team Fireball at the beginning of 2017. It was his first time managing a pro team. He was stationed in Taiwan for the first four months of the year, balancing full-time coaching responsibilities while finishing his university capstone project.

“I had to submit (engineering) plans and drawings to people in Taiwan, so I had to write everything in Chinese,” Mr Goh shared. He was pointing to blueprints and sketches for his engineering project that he was undertaking. As part of his final-year assignment, he had to deliver planned designs of a smart trash bin.

Although his peers were encouraging, his family was worried that he would not complete his final year and even quit school. But thankfully, he was able to deliver his project and graduate as anticipated in 2017.

Trained nine professional League of Legends teams thus far
Splyce League of Legends

Image Credits: Inven Global

To date, he has led nine League of Legends teams in seven countries. He would fly to the city when working with overseas groups, and mentor them in person. 

Among them are Evos, who won the internal championship in Vietnam, and Splyce, who subsequently won the tournament in the Spanish European Regional League in Spain and finished in the top eight of the grand prix.

He was sometimes the staff cook and even cleaner when captaining smaller teams with less support. 

“In e-sports, there is no real certification to be a coach… no hard and fast rule,” he commented. “It’s the nature of the e-sports industry. Even till this day, there are many people who are trying to get into the industry.”

His biggest takeaway from e-sports as a career

Knowing how to manage diverse cultures is the largest lesson from working in e-sports. “It expands your horizons,” Mr Goh said. “(It makes you) think about and compare and contrast your experiences.”

At the end of January, he will fly to the United States to mentor the Immortals Academy, an American team. He is assumed to be the first Singaporean to become an expert American League of Legends team lead trainer.

He will be residing in Los Angeles and aims to grow Immortals Academy players to become a squad that individuals will respect and see as worthy challengers of the trophy.

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Businessman loses litigation against kids over gold bars passed on to them

gold bars

A retired Indonesian-Chinese businessman, Mr Soemarto Sulistio, challenged four of his children to return his wife’s 122 gold bars but lost his lawsuit here in the High Court.

The story goes something like that. In 1989, Mr Sulistio and his wife Soemiati purchased gold bars using their joint account at the United Overseas Bank in Singapore.

At first, the couples kept the gold bars under both their names. But Mr Sulistio, now 87, signed documents to pass possession to his wife in 2016. In 2017, she passed away. He later learned that she had willed the gold bars to four of their five children.

Sued his children following an unsuccessful challenge to the will
sued in court

Image Credits: The Australian

He sued the four after a failed appeal to her will in Hong Kong. The signing of the documents did not modify the original intention to preserve the gold bars as joint possessions, Mr Sulistio said.

He asserted that he was the rightful owner of the gold bars, as the sole survivor. But Justice Valerie Thean rejected his claims.

The judge claimed in a written decision that there was no doubt that the pair originally had a collective goal of possessing the gold bars for their mutual good. However, she noticed that there was enough convincing evidence of a shift in their aim in 2016.

Signing of certificates as part of a wider agreement

Justice Thean discovered that as a component of a larger deal between the pair, Mr Sulistio endorsed the documents. It turns out that Madam Soemiati had requested for the gold bars in return for having their son Rudy to handle their Indonesian territory.

Mr Rudy was left out of the will of Madam Soemiati and came to the defence of his father in the lawsuit.

According to the judge, Madam Soemiati wanted to possess the gold bars for her interests. That is, if she were to pass on without using the gold bars, she would like to favour the defendants.

The couple’s marriage broke down in 2012
rose gold wedding bands

Image Credits: The Wedding Vow

In the 1950s, Mr Sulistio and Madam Soemiati were married and had three daughters and two sons. They stayed in Hong Kong as a couple.

Their daughters said their parents’ relationship deteriorated in 2012. It was partly because of the strained relationship between Madam Soemiati and Mr Sulistio’s nurse. Their eldest daughter suggested that Madam Soemiati was disappointed that the nurse bullied her, but Mr Sulistio did little to rectify the issue.

An attempt to guarantee her financial security

The court acknowledged the defendants’ allegation that the gold bars’ legal movement was part of an arrangement under which Madam Soemiati sought to ensure her financial stability.

Madam Soemiati, who was severely ill with increasing medical costs, was worried that her savings were depleted. This was due to vast amounts of money moved from joint accounts with her spouse to Mr Rudy.

Mr Rudy also did not dispute the acquisition of roughly US$7.2 million (S$9.5 million) between 2010 and 2016. Furthermore, according to the verdict, at least US$1 million remains unsubstantiated for.

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