Serious Many Sinkies LeeTrenched in 2025！

[k1976]

Aiya, no need worry lah. Sinkies kena retrenched, because FTs take over liao.

Sinki Can drive new Grab Taxi

 

[k1976]

Cathay Cineplexes faces $3.4m rent demand from Jem landlord​

Cathay Cineplexes faces a $3.4 million statutory demand over unpaid rent at its shuttered Jem outlet, deepening its financial woes amid industry headwinds. (Photo: Getty Images) (seng chye teo via Getty Images)More
Cathay Cineplexes has received a statutory demand for $3.4 million in unpaid rent, tied to its shuttered Jem outlet in Jurong East. The cinema chain, owned by mm2 Asia, has until 22 July to settle the debt or risk being deemed insolvent.

The demand comes with a 1 per cent monthly interest rate, compounding daily until payment is made. mm2 Asia disclosed the notice in a Singapore Exchange filing and said both boards are seeking legal advice.

The Jem outlet closed on 27 March, following a lease termination by landlord Lendlease Global Commercial REIT. At the time, Cathay reportedly owed $4.3 million in rent.

The cinema chain earlier closed its outlets at West Mall outlet in February, Ang Mo Kio in June 2024and Parkway Parade in August 2023.

This isn’t an isolated case. Cathay has also received letters of demand for $2.7 million in arrears at Century Square and Causeway Point. In total, it owes over $10 million to landlords, with $3 million backed by corporate guarantees.

 

[oliverlee]

Sinkies already replaced by foreign cunts more than 10 years ago and 65% retards still chose PAP to fuck Shitgapore further, go other countries that are not woke best solution!

they all deserve to die these coolie cheebais. every day rush rush rush don't even know they live for fuck

 

[k1976]

Johor-Singapore cooperation: Boom, bane or both?​

The economic benefits of the collaboration will take time to be felt; and in the near term, individuals and businesses will be economically discomfited

Stefanie Yuen Thio​

Published Wed, Jul 2, 2025 · 07:00 AM

Johor-Singapore SEZ

• 
  
• 
  
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• The closer linkage between Johor and Singapore may offer opportunities, but it also presents formidable competition to the city-state – at least in the short term. PHOTO: BT FILE

CORPORATE Singapore has long moaned about high real estate costs and the lack of affordable labour – problems that the Johor-Singapore Special Economic Zone (JS-SEZ) is expected to tackle.

On Jan 6, Singapore and Malaysia inked a formal agreement to establish the JS-SEZ to attract businesses in every thing ranging from manufacturing, to health and to digital. With a land area four times that of our tiny island-state, the JS-SEZ opens up the possibility for Singapore companies to set up in Johor Bahru.

In May, a convenient light rail transit system connecting Singapore and JB was announced. Slated for launch end-2026, the JB-Singapore Rapid Transit System (RTS) Link will be able to serve up to 10,000 commuters during peak periods for every hour and in each direction, with a journey time of about five minutes. This should significantly reduce congestion along the Causeway and reduce travel times between JB and Singapore.

While lowering costs and increasing efficiency should be golden words to corporate leaders’ ears, every conversation I have had with business owners or CEOs have so far started with a grimace and ended with a groan.

Clearly, the JB-Singapore story is more than cost reduction and transport efficiency.

Competition with Singapore​

The closer linkage may offer opportunities, but it also presents formidable competition to Singapore – at least in the short term.

RM1 is currently worth 30 Singapore cents. For Singaporeans, the favourable exchange rate means that prices are lower in Malaysia. Already, many are making day trips to JB to stock up on diapers, enjoy cheap meals and get pampered in a spa.

And they are there not just for basic necessities. They are also going to Malaysia for health check-ups and simple medical treatments. Pharmaceuticals, too, are cheaper across the Causeway.

Business owners in Singapore are worried that this will hollow out local demand in supermarkets, food and beverage (F&B) outlets and other specialised services.

 

[eatshitndie]

hopefully the property market will go into correction. ai, ceca, jiuhukia, and jb put many sinkies out of work.

 

[joemartini]

hopefully the property market will go into correction. ai, ceca, jiuhukia, and jb put many sinkies out of work.

look at the whole situation from day one. numerous angles. job market, retail market, property market. ukraine, 12day war, Trump tariffs. AI etc..


job market since 1997, LKY brought the foreign talent subject up during the AFC 1997 and GE1997 cheng san GRC.
up to today...nothing but CECA CECA CECA and outsourcing to Yeendia , pinoy , PRCs and msians.


retail market. all the big names closed down. orchard road, Robinson, JL, and now cathay inside the ICU and heading for the morgue and crematorium very very soon agree??? and the next wave. JB RTS. they just need to flood the entire JB region with scores of supermarkets, dept stores and wet markets. sinkies will flood into jb with market trolleys. RTS direct to MRT.


property market still soooo resilient?? untouchable?? million dollar BTOs and condos, you lost your job, house mortgage no need to pay??
like those prop agents say... "crash?? will not happen, PRICE CORRECTION..MAYBE. then after that...prices will go up again. its the DEMAND."

if property market meltdown (and I hoping for endless multiple waves of meltdown), those very comfy in the Civil service with huge housing loans will inevitablly also will kena drag down by crashing /burning prices. margin calls, loan top ups.
remeber Hong Lim Park-minibond and recently the Income Allianz saga.

already I am seeing middle age sinkies females doing grab food delivery, online parcel delivery, and now door to door yakult sales.

just wait. wait for the 5Ds to kena all those 70% 60% 61% 65% sinkies.
Debts, Divorce, Depression, Destitution, Death (suicide),

 

[A Singaporean]

No retrenchment I worry.

 

[winnipegjets]

It is not news worthy until we see at least 1 million foreigners leave Sinkapore and property price is lowered by at least 30 percent.

 

[millim6868]

Lol voters wan these,some even hope their pigeon holes can sell at high price really kum gong,sell high buy high theory also Don know,unless stay under a bridge or in a drain,then can consider earned,lol

 

[k1976]

 

[k1976]

No need leetrench….save $$$$

 

[k1976]

S’pore’s economic resilience will face headwinds in second half of 2025 from tariffs, trade conflicts: MAS​

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The Monetary Authority of Singapore said both the global and local economies remain subject to significant uncertainty for the rest of this year and next.

PHOTO: ST FILE

Follow topic:​

Monetary Authority of Singapore

Published Jul 30, 2025, 03:00 PM
Updated Jul 30, 2025, 05:58 PM

SINGAPORE – Singapore’s better-than-expected economic performance so far in 2025 will be put to test in coming months

as higher tariff rates kick in,

along with the risk of renewed trade conflicts and financial shocks, the central bank has said.


The Monetary Authority of Singapore (MAS) added that both the global and local economies remain subject to significant uncertainty for the rest of 2025 and 2026.

The anticipated rise in tariff rates and persistent uncertainty of their impact are likely to weigh on final demand across many economies. As a result, growth in Singapore’s major trading partners is projected to slow over the remainder of 2025 and into 2026.

 

[k1976]

The front-loading of export orders that held up the economy will likely dissipate as US President Donald Trump’s tariff pause ends on Aug 1 for most economies and the trade war truce for China ends on Aug 12.

“The trade-related sectors could experience some payback from the front-loading driven growth seen in the first half of the year while underlying demand could be weighed down by prevailing uncertainties,” MAS said.

The economy

averted a possible technical recession in the second quarter of 2025,

expanding by 1.4 per cent quarter on quarter. That was a turnaround from the 0.5 per cent contraction in the first quarter.


Year on year, the economy grew 4.3 per cent, extending the 4.1 per cent growth in the first quarter.

However, the performance that exceeded expectations was mainly due to a pickup in the trade-related sectors of the economy – aided by front-loading of orders by businesses ahead of potential increases in US tariffs.

Coupled with the exemptions for electronics and pharmaceutical products from the tariffs, trade-related activities increased.

However, the boost from front-loading was uneven, with re-exports outperforming domestic manufacturing.

MAS said in real terms, re-exports surged by 31 per cent year on year in the second quarter, while domestic exports and industrial production grew at a more moderate pace.

Trade flows were also lopsided.

 

[k1976]

ETHRWorld South-East Asia’s Post​

ETHRWorld South-East Asia
10,931 followers

1w

#Industry | Singapore’s salary budgets are set to remain flat at 4% in 2026, as employers shift focus from broad pay hikes to targeted workforce strategies amid economic uncertainty, WTW reports.While 82% plan to maintain their headcount, companies are bolstering investments in retention, training, and employee experience to stay competitive.#Singapore #SalaryBudget #Employers #TalentRetention #Employee #PayHikes
Singapore Salary Budgets 2026: Singapore's Salary Budgets Remain Steady at 4% Amid Economic Uncertainties, ETHRWorldSEAhrsea.economictimes.indiatimes.com

 

[k1976]

Singapore economy expected to slow in 2nd half of 2025; retail, F&B likely to feel impact: MAS​

The effect of global headwinds could spill over into domestic oriented sectors such as retail and food and beverage, which have experienced sluggish or negative growth in the first six months of the year.

Office workers in the central business district in Singapore. (File photo: iStock)


Listen
7 min


Abigail Ng
30 Jul 2025 03:00PM (Updated: 30 Jul 2025 06:16PM)
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Read a summary of this article on FAST.


FAST
SINGAPORE: Singapore's economic growth is expected to weaken in the second half of the year due to global headwinds, after the country reported an unexpectedly strong growth in the first half, the Monetary Authority of Singapore (MAS) said on Wednesday (Jul 30).

That could spill over into domestic oriented sectors such as retail and food and beverage, which have experienced sluggish or negative growth in the first six months of the year, in contrast to the overall economy.

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Across the whole of 2025, MAS expects growth to be "more resilient this year than previously envisaged".

Gross domestic product (GDP) growth is expected to be "relatively subdued" for the rest of the year, the central bank said in its latest quarterly macroeconomic review, pointing to weakness in trade-related and modern services sectors.

Domestic sectors are also settling around their pre-pandemic pace, though there is support from a strong pipeline of construction projects.

The front-loading effect is also likely to dissipate, after a sharp increase in re-exports of goods such as personal computers, mobile phones, machinery and equipment headed for the US.

Re-exports of intermediate electronic goods such as integrated circuits also sharply increased in the second quarter.

 

[Sinkiesuk]

The gov got gave sign on letter but sinkie don't wanna sign on!

 

[ThomasEddy]

The gov got gave sign on letter but sinkie don't wanna sign on!

Sign on 5 to 10 years, after go outside to look for job or before 40 leave the uniformed group. A lot of ex regulars end up as property agents or many of them can’t cope with the demands of normal companies outside which is much more fast paced and they can’t compete with foreigners. Like who cares about ex regulars. True story.

 

[k1976]

Sign on 5 to 10 years, after go outside to look for job or before 40 leave the uniformed group. A lot of ex regulars end up as property agents or many of them can’t cope with the demands of normal companies outside which is much more fast paced and they can’t compete with foreigners. Like who cares about ex regulars. True story.

My friend joint ST to leepair helicopter after he left Airforce

 

[k1976]

Total employment in Singapore increased to 8,400 in Q2 2025​

• Published
  
  30 July 2025
• Author
  
  Sarah Gideon

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Although lower than the preceding year, the rate of total employment growth reflects larger gains in both resident and non-resident employment compared to the previous quarter.​

The Ministry of Manpower's just-released Labour Market Advance Release for Q2 2025 has revealed a positive pick-up in Singapore's employment growth momentum, with numbers rising from 2,300 in Q1 2025 to 8,400 in Q2 2025.

Although lower than in Q2 2024 (11,300), the data for this quarter, published on Wednesday (30 July 2025), reflects larger gains in both resident and non-resident employment compared to the previous quarter.

Resident employment

Resident employment continued to expand in sectors such as financial services and health & social services, while some sectors like professional services and information & communications registered continued declines.

Resident employment also declined in retail trade, as employers continued to release workers after the seasonal hiring in Q4 2024 for year-end festivities.

Non-resident employment

Growth in non-resident employment was driven entirely by work permit holders, particularly in the construction sector. Increases in non-resident employment were also seen in administrative & support services and health & social services.

Other findings from the report are as follows:

Unemployment rates remained broadly stable

After dipping slightly in April and May, both resident and citizen unemployment rates rose slightly in June 2025 (resident: 2.9%, citizen: 3.0%), returning to levels seen in March 2025.

The number and incidence of retrenchments remained steady and low

Retrenchments remained stable at 3,500 in Q2 2025 (Q1 2025: 3,590), with similar or lower levels across most sectors. The incidence of retrenchment also remained low at 1.4 retrenched per 1,000 employees. Business reorganisation or restructuring continued to be the top reason cited for retrenchments.

Looking ahead

Global economic uncertainty is likely to persist in the coming months and may weigh on hiring and wage growth, particularly in outward-oriented sectors. Business sentiment remains steady yet cautious, with expectations for hiring and wage increases in Q3 2025 dipping slightly compared to the previous quarter.

According to MOM’s business expectations poll conducted between April and June 2025, the proportion of firms planning to hire edged down from 44.0% in Q2 to 43.7% in Q3. Similarly, the share of firms anticipating wage increases declined from 24.4% to 22.4%. These dips were most notable in sectors exposed to global demand fluctuations, such as financial & insurance services, professional services, and transportation & storage.

 

[k1976]

SG becum Hub of 扑街??​

https://law.asia/singapore-insolvency-restructuring-developments/​

Looking ahead​

Singapore has made clear that its ambition to be a leading international hub for insolvency and debt restructuring. Even after the introduction of the IRDA in 2021, it continues to refine and develop its restructuring and insolvency framework.

As recently as March 2025, the committee to enhance Singapore’s corporate restructuring and insolvency regime proposed nine recommendations aimed at strengthening the judicial management regime, refining the cross-class cramdown threshold requirements in schemes of arrangements and allowing for more efficient debt restructurings overall.

Further legislative refinements and substantial jurisprudential advancements can be anticipated in the future.