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Greedy JLB not happy with Good Hand help, want to raid the reserve , kym?
- Thread starter k1976
- Start date
Bloomberg) — Six in 10 Singapore citizens and residents think that the government’s latest budget measures aren’t enough to help them cope with the rising cost of living, according to a new survey.
Only 35% of respondents polled by Milieu Insight said they were reassured by the social aid unveiled in the budget for the new fiscal year starting April, while 44% reported feeling neutral.
Only 35% of respondents polled by Milieu Insight said they were reassured by the social aid unveiled in the budget for the new fiscal year starting April, while 44% reported feeling neutral.
Singapore’s ruling party is giving handouts to ease angst over rising costs while navigating a path back to fiscal prudence. The spending plan announced last week is expected to swing the government budget back to a surplus, after the widest deficit since the pandemic.
Of the measures announced by the government on Friday, the S$600 ($445) worth of vouchers that Singaporean households can use at groceries and hawker centers was by far considered to have the most significant impact by respondents to the Milieu poll.
The survey took place from February 17-19 and covered 1,002 respondents.
The budget was more conservative than expected, as the Finance Ministry looks to minimize the risks of overheating the economy, said Kai Wei Ang, an economist at Bank of America.
Of the measures announced by the government on Friday, the S$600 ($445) worth of vouchers that Singaporean households can use at groceries and hawker centers was by far considered to have the most significant impact by respondents to the Milieu poll.
The survey took place from February 17-19 and covered 1,002 respondents.
The budget was more conservative than expected, as the Finance Ministry looks to minimize the risks of overheating the economy, said Kai Wei Ang, an economist at Bank of America.
More spending and handouts for households will benefit supermarkets and malls, says PhillipCapital on Budget 2024
Nicole LimMon, Feb 19, 2024 • 03:25 PM GMT+08 • 2 min read
The usual cost of living package was announced this budget, but more focus was given to building up the nest egg for seniors and upskilling the workforce: PhillipCapital
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Supermarkets and suburban malls are primed to benefit from Budget 2024’s increased spending and handouts for households, says Paul Chew of PhillipCapital.
The analyst’s report dated Feb 19 follows the delivery of Budget 2024 on Feb 16, in which deputy prime minister (DPM) Lawrence Wong announced $1.9 billion worth of support through council (CDC) vouchers for households, special one-off payments, and utility bill rebates.
Chew notes that this year’s budget theme was for a shared future, in which several welfare themes were covered.
This includes social support for the cost of living and reducing inequality, raising the eligibility of healthcare subsidies, more facilities for the aged, extra payouts for retirees, and more aggressive programs to upskill the workforce.
Singapore
https://www.channelnewsasia.com/sin...diploma-parenthood-beps-corporate-tax-4133661
Singapore
File photo of office workers at Raffles Place in Singapore's CBD. (Photo: Jeremy Long)
Jalelah Abu Baker
19 Feb 2024 05:15PM (Updated: 19 Feb 2024 06:27PM)
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SINGAPORE: The government is looking to encourage people to move into growth areas like sustainability and digital jobs with the SkillsFuture boost for mid-career workers announced in Budget 2024, said Second Minister for Finance and National Development Indranee Rajah on Monday (Feb 19).
“Digitalisation, sustainability, these are key growth areas. And then of course you have our usual ones, electronics and manufacturing - all of these things. Basically, anything where there's growth, we encourage people to pursue,” she told CNA938’s Asia First.
However, digitalisation cannot be pigeonholed, she said, pointing out that the process spans a range of work.
When asked how to ensure that further education improves the employability of workers, Ms Indranee said that the government provides the information for people to make informed choices, but does not dictate what people should do.
“What the government can do is identify the growth areas. We've now made available the means by which you can pursue further learning in these areas and then we should put out as much information as possible so people can make the choices that feel best for them,” she said.
Government looking to encourage Singaporeans to switch to jobs in areas like sustainability, digitalisation: Indranee
BookmarkSharehttps://www.channelnewsasia.com/sin...diploma-parenthood-beps-corporate-tax-4133661
Singapore
Government looking to encourage Singaporeans to switch to jobs in areas like sustainability, digitalisation: Indranee
Deputy Prime Minister Lawrence Wong announced on Friday (Feb 16) that Singaporeans aged 40 and above will benefit from a new SkillsFuture programme that includes a S$4,000 (US$2,970) top-up in credits in May.
File photo of office workers at Raffles Place in Singapore's CBD. (Photo: Jeremy Long)
Jalelah Abu Baker
19 Feb 2024 05:15PM (Updated: 19 Feb 2024 06:27PM)
BookmarkShare
SINGAPORE: The government is looking to encourage people to move into growth areas like sustainability and digital jobs with the SkillsFuture boost for mid-career workers announced in Budget 2024, said Second Minister for Finance and National Development Indranee Rajah on Monday (Feb 19).
“Digitalisation, sustainability, these are key growth areas. And then of course you have our usual ones, electronics and manufacturing - all of these things. Basically, anything where there's growth, we encourage people to pursue,” she told CNA938’s Asia First.
However, digitalisation cannot be pigeonholed, she said, pointing out that the process spans a range of work.
When asked how to ensure that further education improves the employability of workers, Ms Indranee said that the government provides the information for people to make informed choices, but does not dictate what people should do.
“What the government can do is identify the growth areas. We've now made available the means by which you can pursue further learning in these areas and then we should put out as much information as possible so people can make the choices that feel best for them,” she said.
2024 consolidates skills-based economy
Employees will be given more opportunities to upskill and reskill, while investment in technologies such as AI will drive new innovation capabilities.By: Champa Ha | February 20, 2024
Topics: HR Technology | Learning and Development | News | Professional Development | Singapore
With the announcement of Budget 2024, Singapore’s priorities in 2024 include a focus on upskilling and reskilling employees who have been involuntarily fired from work, as well as keeping current employees viable employed in the years to come.
Initiatives announced by Deputy Prime Minister Lawrence Wong include the overhaul of the current SkillsFuture programme, which will see the introduction of a new SkillsFuture Level-Up Programme aimed at supporting mid-career employees.
As announced by Wong, who is also Singapore’s Finance Minister, all Singaporeans aged 40 will receive a SG$4,000 (US$2,971) SkillsFuture credit top-up in May, meant for selected training programmes that push for part-time and full-time diplomas, post-diplomas, undergraduate courses, and training for sectors adhering to the Progressive Wage Model.
Beyond addressing immediate business needs, upskilling and growing talent is important in ensuring the workforce remains competitive. That is why these initiatives are particularly timely and encouraging, suggested Pannie Sia, General Manager, ASEAN, Workday.
She added, “Encouraging businesses to enhance the digital skills of their workforce will create a labour force adept at navigating the evolving technological landscape. The greater support for upskilling aligns seamlessly with the broader strategy of cultivating a skills-based economy.”
The pursuit of a skills-based economy, as described by Sia, requires substantial investment in the leverage of artificial intelligence (AI) and machine learning (ML) in training programmes. With Wong’s unveiling of a push for investing more than SG$11 billion (US$8.18 billion) into national research and development (R&D) efforts, as well as the AI, finance and clean energy sectors, Sia believes this signals Singapore’s commitment to harnessing the transformative power of AI to amplify Singapore’s innovation capabilities. It will also attract top-tier talent and foster a collaborative environment that cultivates cutting-edge ideas, she opined.
She added, “Encouraging businesses to enhance the digital skills of their workforce will create a labour force adept at navigating the evolving technological landscape. The greater support for upskilling aligns seamlessly with the broader strategy of cultivating a skills-based economy.”
The pursuit of a skills-based economy, as described by Sia, requires substantial investment in the leverage of artificial intelligence (AI) and machine learning (ML) in training programmes. With Wong’s unveiling of a push for investing more than SG$11 billion (US$8.18 billion) into national research and development (R&D) efforts, as well as the AI, finance and clean energy sectors, Sia believes this signals Singapore’s commitment to harnessing the transformative power of AI to amplify Singapore’s innovation capabilities. It will also attract top-tier talent and foster a collaborative environment that cultivates cutting-edge ideas, she opined.
https://hrmasia.com/singapore-budget-focus-on-retraining-and-ai-welcome-to-business-leaders/
Must be ready for AI liao..
Chong Chong Chong hah
Must be ready for AI liao..
Chong Chong Chong hah
SINGAPORE - Budget 2024 is comprehensive and forward-looking, but when it comes to implementing measures like new technologies, smaller firms might need more help, said experts at a roundtable organised by The Straits Times and UOB on Feb 19.
Companies’ challenges with implementation range from using artificial intelligence (AI) and green technology to reconciling workers’ training with practical job demands, they said in their discussion on the Budget measures unveiled by Deputy Prime Minister and Finance Minister Lawrence Wong on Feb 16.
The roundtable was moderated by ST associate editor and senior columnist Lee Su Shyan.
Companies’ challenges with implementation range from using artificial intelligence (AI) and green technology to reconciling workers’ training with practical job demands, they said in their discussion on the Budget measures unveiled by Deputy Prime Minister and Finance Minister Lawrence Wong on Feb 16.
The roundtable was moderated by ST associate editor and senior columnist Lee Su Shyan.
Singapore Business Federation (SBF) chief executive Kok Ping Soon said: “I think this year’s Budget has addressed some of the economic challenges that we have... I think businesses certainly welcome DPM Wong’s restatement that one of the Government’s key priorities is to ensure a strong, vibrant and dynamic economy, and we should not make any apologies for growth – (although), of course, not growth at all costs.”
He referred to initiatives aimed at supporting business growth, such as the Enterprise Support Package and investments into productivity, research and innovation, AI and future energy.
“On the whole, I think the measures would help to restore our competitiveness,” he said.
https://www.straitstimes.com/busine...may-need-more-targeted-help-st-uob-roundtable
He referred to initiatives aimed at supporting business growth, such as the Enterprise Support Package and investments into productivity, research and innovation, AI and future energy.
“On the whole, I think the measures would help to restore our competitiveness,” he said.
https://www.straitstimes.com/busine...may-need-more-targeted-help-st-uob-roundtable
Medical specialists repeated reminded us that repeated use of antibiotics will render it useless
No need to worry. These JLB are worst than pigs. At the end of the way they will lan lan voting for pap
Rest assured, we are ALWAYS in GOOD Hands
Good Hand emphasize to stupid Ang Mo that our system is good and working , no problem de (refer to 25:10)
