Daily Lessons from Life 28 June 2018 - Good intention bad results
"LTA instructs oBike to remove bicycles by next Wednesday
SINGAPORE: The Land Transport Authority (LTA) has instructed bike-sharing firm oBike to work with its liquidator to remove its bicycles from public spaces by Jul 4, the authority announced on Thursday (Jun 28). LTA said the instruction was made so that public streets would not be cluttered with bicycles that cannot be hired.
"Should there be unremoved oBike bicycles after this date, LTA will progressively remove these bicycles from public spaces," it said.
"oBike or its liquidator will have to pay the relevant towing and storage fees in order to claim impounded bicycles from LTA. In addition, LTA and CASE have emphasised to oBike the importance of refunding users their deposits which were placed earlier with the company," it added.
The Land Transport Authority (LTA) released the statement after it engaged oBike on its exit plans, amid concerns that its fleet of about 14,000 bicycles is currently left abandoned on streets, pavements and parks all over the country.
CONSUMERS WILL BE UNABLE TO PURSUE LEGAL CLAIM AGAINST OBIKE: CASE"
This dockless bike sharing thingy is classic good intention yielding bad results!!
I always wonder how the biz model can make money? certainly not through the rental. Some claimed the companies used the customers' deposits to invest n make money! including underground banking, at least in China!!
When oBike closes, it leavea the following issues already seen in other countries that had this type of biz, including China:
1. unused deposits of customers never see the light as the biz just closed up with no mean to pay back!;
2. thousands of abandoned shared-bikes all over the place! The costs of cleaning up will ultimately be absorbed by the government!;
3. innovative way to resolve item 2 above will b allowing anyone to just take any abandoned bikes for their keeps!! This will save the government time, efforts n money!!
RIP oBike in Sgp!
ps: Japan made the round of 16 after losing to Poland. The only Asian team to make it!!
I finished in 6hrs50mins in 2015 SCMS. Worst of the 8th attempts!
My 2016 Resolutions
1 Life Long Pursuit always: - at personal level, to be a good father, husband, son, friend and human being; - at work level, to be a professional; practising the 7e Way of leaders;
2 To continue the holistic healthy lifestyle of 'eating right and exercising regularly' so as to keep the weight at 70-71kg and off HBP medication;
3 To continue to find ways to promote the 7e Way of Leaders, to generate revenue from at least 3 sources, and to get article published in established publications;
4 To continue to contribute as Volunteer Probation Officer (VPO) with the Probation Services Branch; as Senior Health Ambassador (SHA) for Health Promotion Board (HPB); and some other Volunteer opportunities.
5 To invest wiser and trade wisely to profit from an extremely challenging 2016;
6 To complete the 2016 SCMS on 04 December 2016 under 6.5hrs and raise at least S$5.9k for Singapore Cancer Society!;
7 To always has space for the Unexpected.
Have your visited the www.7eleadership.com website?
2010 Tour of Amsterdam/Brussels/Paris/Lucerne/Cologne
Family Outside Versailles Palace, France
2009 Dec Tawian Holidays
Four of my Most Important People
2008 Dec HkgMacauHolidays
HawNgee, ZJ and Jun in JAWs!
Lu's Marathon on 7 Dec 2014
I did it 6hr19sec for the 7th time!
Lu's Marathon on 1 Dec 2013
I did it in 6.16. Worst than 2012 of 6.05 and > Target of 6hrs. Still, I will take it! :-)
Lu's Marathon on 2 Dec 2012
5th Time 6.06 > Goal of 6hrs
Lu's Marathon on 4 Dec 2011
I did it again in 5hrs53min05sec!
Lu's Marathon 05 Dec 2010
I completed my 3rd Marathon - 6hrs 24mins
Lu's Marathon 06 Dec 2009
I Did It AGAIN at 6hr20mins!!
Lu's Marathon 07 Dec 2008
I Dit It! 42.195km in 5hr 53Min 34Sec. My 1st Marathon at 51+ Years Old