I receive this email from the PDP Commission to appoint a Data Protection Officer.
I gave this reply:
Dear Administrator
My company now has 1 employee and recently just recruited 2 more.
Do you need a Data Protection Officer for such a small company.
Don't you distinguish between big and small companies.
Do you realize that small companies have to take care of many activities just to survive.
Is it possible to relieve small companies of costly bureaucratic requirements?
Dear Administrator
My company now has 1 employee and recently just recruited 2 more.
Do you need a Data Protection Officer for such a small company.
Don't you distinguish between big and small companies.
Do you realize that small companies have to take care of many activities just to survive.
Is it possible to relieve small companies of costly bureaucratic requirements?
I know that this is not a big amount of money on private residential compared to malls.
ReplyDeleteWhen we bought our private property for investment, a foreign bank insisted that we have the
affordability to pledge a minimum 20% funds to their bank as a fixed deposit in the event
that due to unforeseen circumstances, they could use the fixed deposit as a temporary payment
till finances were to straighten out. Other than the 20% upfront payment for the property,
we maxed the loan to 80%, so as to have emergency money for other expenses and loan
repayment of up to a year for non-tenancy rent collection. There is a difference between
foreign banks who want your businesses, but also to protect themselves. As long as they
have a little security they are more a less not as particular in your application, citing
cash-rich, asset poor. There was no such thing as ABSD, LTV or TDSR or TDRS. Thinking out
of the box, they claimed that one's income is not permanent. Besides on tenure, one can
live up to 60 and be sickly, another can work up to 75 due to good health. There is a
difference between "smart" or just "book-smart. Of course, this was years ago. A lot has since
change since 4G took over. Today, we are retired and living on the rental, with the loan
fully paid.
Talking about malls, it has to be their duty to cut rentals when times are bad When business was good, there was a clause in some contracts, that they are entitled to the tenant's profits of 30%. The
tenants have to forfeit their deposits (2 months plus one advance) or pay in full all
rentals if the tenancy is not fulfilled.