Tag: profit

  • Childcare Overcharged For Kids Meals, Then Claims It’s International Buffet

    Childcare Overcharged For Kids Meals, Then Claims It’s International Buffet

    Dear A.S.S. Editors,

    Parents staying in or near Sengkang/Buankok area will be familiar with this childcare. As a parent, I am here to express my dismay towards the school.

    Every year during Singapore National’s day and Children’s day, the childcare will hold a party in the school which requires parents to fork out $22 per child. the amount are being used to cater for Buffet lunch for each child.

    I thought it is ridiculous to pay that amount since children eat very little and they need not order adult portion for the kids. I questioned what kind of food did they ordered for the children but no one could tell me. I asked the teacher what kind of buffet are they catering for the children that cost $22 per child because for a parent with 3 children to pay 60+ just to go to school and eat buffet is absurd. I was told that its an international buffet. Seriously, pay 60 over dollar? I my as well take leave and stay at home to take care of the children myself.

    Today i happened to pass by the childcare while on my way to work and just so happen, i saw the caterer outside the school. Out of curiosity, i went over to take a look at the food that they send. All the food were packed in see through plastic containers. There were chicken nuggets, fish balls, chicken wings, french fries and beehoon. Not much variety, all the side dishes are finger food and definitely not worth more than $10. I felt unjust and went to the caterer website to check and the highest possible price it could cost after giving the benefit of doubt is only $9.42 after GST. INTERNATIONAL buffet? you mean the caterer’s company name is it?

    According to my child, there were no other external party activities that are held in the school. So where did the remaining amount went? Why try to profit from our hard earned money secretly? let us pay whats right or have a potluck party if you want to save cost. I am sure we will be able to contribute the same type of food for a quarter of the price! We parents wouldn’t mind contributing as long as you don’t take us for a fool and chop us like carrots!

    I know people will say i can just leave the school if i am unhappy with the way they do things. I will. But now, I just want parents to know the truth and consider thrice before enrolling to this school. below are the list of day light robberies:

    school outting/field trips always to free public places: $50+ inc return
    school bus and lunch which is a pathetic hot dog bun. Double of what other school charges.

    year end concert: costume $64.2 + ticket price per pax $64.2.
    total cost for your child to perform with 2 attending parent will be 192+.
    you think we going jay chou concert? rip us off to watch our own children perform.

    reg fee: $250 non refundable. please think before you enroll as there are parents who withdraw after a few days and were unable to get the whooping sum of $250 back. other school charges around $35 for reg fees.

    PVC mattress: the price is enough for you to buy a queen bed. marked up more than 5 x of market rate.

    school uniform: around $50 per set

    last year, there were parents complaining in the childcare’s Facebook page and so they came up with a package price for the school outing. they also deleted their Facebook page immediately so that parents can never unite and make complains again.

    I hope that the director will see this and will come to her sense. Pleasebe transparent with the break down of what your are charging. i can’t believe you call yourself FAITH and quote verses. please restore the faith and don’t ever hold buffet party ever again.

    Angry Mom
    A.S.S. Contributor

    Source: www.allsingaporestuff.com

  • Touts Profiteering From Purchase Of Ed Sheeran Concert Tickets

    Touts Profiteering From Purchase Of Ed Sheeran Concert Tickets

    UK Singer-songwriter Ed Sheeran’s two-night concert sold out within hours of being put on sale.

    Given the demand, tickets for Sheeran’s first show are being touted on third-party sites – but at a premium. There have been offers circulating on online marketplace Carousell, with some advertising two pairs of tickets for as much as S$4,000 – up from the original price of between S$108 to S$248 for a ticket.

    One Carousell user, for instance, was selling Cat 1 tickets at S$2,200 for four or S$600 for one – up from the original price of S$248 per ticket – with a “guaranteed best view of Ed Sheeran”.

     

     

    Source: www.channelnewsasia.com

  • Suspect In Borussia Dortmund Team Bus Attack Wanted To Profit From Stocks

    Suspect In Borussia Dortmund Team Bus Attack Wanted To Profit From Stocks

    Police commandos on Friday arrested a German-Russian suspect, 28-year-old Sergej W, behind a bomb attack on Borussia Dortmund’s team bus, prosecutors said, indicating the motive was financial and not terror-related.

    “The accused is suspected of having carried out the attack on the team bus of Borussia Dortmund on April 11,” prosecutors said.

    He is charged with attempted murder, setting off explosions and causing serious physical injury.”

    He was staying in the same hotel as the team, had a view of the scene where the attack was to be staged and had bought so-called put options on the team’s shares on the day of the incident, they said.

    These 15,000 options could have been sold at a pre-determined price by June 17, with a sharp fall in the share price promising a high profit.“A significant drop in the price could have been expected if, as a result of the attack, players had been seriously injured or even killed,” the prosecutors said.

    Sergej. W had allegedly taken out a loan on April 3 to pay for the put options and bought them online from the IP address of the Hotel L’Arrivee, where the team was staying.

    He had reserved the room in mid-March for the periods April 9-13 and 16-20 – coinciding with the team’s two scheduled matches against Monaco, though it was not yet clear at the time which one would be held in Dortmund.

    He hoped to earn as much as 3.9 million euros ($4.2 million), the Bild newspaper reported.

    The team’s share price has fallen by about 5.5 percent on the Deutsche Boerse since the attack and closed at 5.36 euros on Thursday.

     

    Citing unnamed investigators, Bild said police believed the suspect was capable of building a remotely-triggered bomb, having won an educational award in electronics and engineering in 2005.

    Three purported claims of responsibility stating a radical Islamist motive were found at the scene, on paper bearing no fingerprints, prosecutors said.

    But Islamic studies scholars voiced “considerable doubts” about their authenticity, they said.

    An Iraqi man was taken into custody over a suspected Islamist link but was later cleared of involvement in the attack.

    Similarly, a purported claim stating a far-right motive sent to German media bore “contradictions and inconsistencies”, prosecutors said, adding that there was “no indication that it was sent by the perpetrator”.

     

    Interior Minister Thomas de Maiziere labelled the arrest “a great success” and said that, if confirmed, “this would be a particularly repugnant motive”.

    Federal prosecutors scheduled a press conference for 1030 GMT on the investigation, which has involved several hundred police officers.

     

    Source: www.tnp.sg