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Nothing to do with CCS. It was MAS keeping exchange rate in tandem with US that kept inflation in Singapore down. 1 SGD now = 5.18 RMB when it was 4.63 RMB before US interest rates increase. We spent billions and burnt through our reserves doing this. Hence you see PAP allowing property prices...

CECA does not care if the company does well or not. They surround themselves with their kind, dished out company resources freely to buy approvals, accolades and support because on they know they cannot make it as individual contributors. Same everywhere they go.

:roflmao: I was in Sentosa this week and overheard a group of Chinese girls at the next table talking about their parents. One said her parents are a doctor and a lawyer, "typical Asian families", then another girl said her dad is a Data Scientist in DBS. Immediately, the other girl turned to...

PAP purposely reduce HDB supplies to jack up prices. Even when they roll out cooling measures, they added a disclaimed that "it is temporary". Then they purposely reduce COE to jack up prices again. Next they up GST. PAP damned confident man, they feel they're on top of the world and have...

8 weeks and a thousandth of a peanut. For all we know, minus good behaviour, minus this, minus that, on record 8 weeks but release immediately. No penalty for using fake plates is already a tell-tale sign. Suck it up mere mortals.

Saudis have already formalised oil trades in RMB though they have not actually done it in reality. China and EU just did a major currency swap that bypassed USD. The end of USD has already begun.

Property prices will not slow down as PAP is ramping up importing foreigners. They do so to compensate low birth rates but in turn, forcing birth rates even lower. It's a vicious cycle. The recent big push on foreigners is affecting private property prices. What you used to be able to own 2...

Record 45 units sold above $1m in Sep alone https://tnp.straitstimes.com/news/singapore/record-45-million-dollar-hdb-flats-sold-sept The new control measures will fail. The new measure is a slap on the wrist. What's more, stupid minister come out to say measure is temporary *facepalm, so scared...

Guy who wrote the article is a financial twit. A good investment will always generate better returns. My worst investment is giving back 6% per annum compared to my bank loans even if I used the most current hiked rates. Fed raise interest rates but it is still nothing compared to investment...

Sigh, those people just don't want to listen. Already said the current crisis will last at least 2-3 years. Rates are not going back at least for the next 2 years.

Shock?! Dumb fucks. There were ample warnings more since Fed gave their interest rate hikes plan. Fed rates at 3.25% now and target has now been raised to 4.25%-4.7% with more Fed chiefs calling for more aggressive hikes. Singapore rates will hit at least 4.3% by next year.

Just ask your Grab driver the next time why he is driving grab and what he did before he drove Grab. During one recent trip, I met a Senior Director of a MNC who was managed out because his manager felt his buddy from Australia is more suitable for the role. Tan See Leng should pay a visit to...

The hidden menus ~ mostly pink dot/ poke asshole related. Singapore = Sodom and Gomorrah?

On the main banner, it's hard not to think you could be in India 50% with sex and violence 50% are Indian movies 50% of Indian movies are Hindi 1 Chinese movies

The measures will hardly have an impact other than the 15 months wait for downgrading (and only if supply keeps up later). It's does not affect PR/ foreigners buying HDB resale for the 1st time. It will only drive up rent. Half hearted attempt at best. The two things that will really have an...

I'm just happy I'm on Sinovac. No side effects, no COVID to-date. When I was at the clinic, the Dr administering the jab told me the same thing that majority, if not all, of the patients coming in for their 3rd jab had no had any side effects and overwhelming number never contracted COVID.

The big question is what happens to judges who makes the wrong judgement and was overturned? Nothing?

I wonder what happens when you throw an empty can onto the tracks during the race. I'm sure it is not that difficult for anyone to throw an empty can over the fence, God forbids :laugh:

All these polls are simply fake.

It's okay This problem will become much bigger with PAP's policy of importing rather than encouraging natural birth to replenish the population. Triple whammy when children of new citizens decides to return to their home country instead of retaining their Singaporean citizenship. Classic case...