SG Economy is fucked. Pls spend your CDC Vouchers wisely

The S'pore of today is an elitist society, with a huge influx of foreigners, low wages and a high cost of living unmatched by any developed country in the world. S'pore is now ranked the most expensive place in the world in 10 of the past 12 years to live in, where S'poreans are paid among the lowest wages among the high-income countries. Ask LHL how exactly have S'poreans become better off when most of the newly created jobs have gone to foreigners.

I've said it before: the PAP regime's wet dream is to make the foreigner to local population ratio here similar to Dubai.
 
I've said it before: the PAP regime's wet dream is to make the foreigner to local population ratio here similar to Dubai.
I thought that it has already happened?
pedestrians-crossing-the-road-at-little-india-singapore.jpg
 
The perception that concerns about CECA are being labelled by the PAP as racist anti-Indian sentiments is certainly unhelpful. It is perplexing that the Opposition is being criticised for raising legitimate worries among S'poreans regarding job discrimination, especially when some companies blatantly favour Indian nationals over S'porean citizens. These are valid issues that deserve open discussion in Parliament. Framing this as an anti-Indian issue misrepresents the core concern. Locals are understandably worried about the high number of foreign PMEs who are out-competing them for jobs they are qualified and willing to do. The fact that a significant number of these foreign PMEs are from India is a point of observation; not racial bias. PAP's stance that CECA is not directly or indirectly contributing to Indians taking PME jobs from SG citizens is certainly debatable.
 
Last edited:
European Banks Pushing for Similar Delay for Basel 3 Endgame…

Uncertainty in the United States has already encouraged European banks to push for delayed implementation of their own new rulebook, the Fundamental Review of the Trading Book (FRTB), to avoid being put at a competitive disadvantage.

The deferral has already been granted in the United Kingdom, where the Prudential Regulation Authority has postponed implementation of new regulations until January 1, 2027.

The focus of most large banks in the European Union (EU) has turned to postponing the adoption of the new trading book rules by another year past the already extended target date of 2026—in the context of delays in the US and UK. The delay’s supporters hope to gain the time needed to make adjustments to the trading book regulation and render it capital neutral.
 

China's May exports slow, deflation deepens as tariffs bite…new growth engine needed?​

By Yukun Zhang, Qiaoyi Li, Ellen Zhang and Ryan Woo
June 9, 20252:27 PM GMT+8Updated 16 min ago



Gantry cranes stand near shipping containers at Yangshan Port outside of Shanghai

Gantry cranes stand near shipping containers at Yangshan Port outside of Shanghai, China, April 15, 2025. REUTERS/Go Nakamura/File Photo Purchase Licensing Rights, opens new tab
  • Summary
  • Companies
  • China's May export growth slows as tariffs take toll
  • Exports to U.S. drop the most since early 2020
  • Factory-gate deflation worst in almost two years
  • China, U.S. set for further trade talks on Monday
BEIJING, June 9 (Reuters) - China's export growth slowed to a three-month low in May as U.S. tariffs slammed shipments, while factory-gate deflation deepened to its worst level in two years, heaping pressure on the world's second-largest economy on both the domestic and external fronts.

U.S. President Donald Trump's global trade war and the swings in Sino-U.S. trade ties have in the past two months sent Chinese exporters, along with their business partners across the Pacific, on a roller coaster ride and hobbled world growth.
 
Last edited:

DBS Sees More Trade Flows in Asia, Africa Post Trump’s Tariffs…must think out-of-box to Huat big big de woh​

  • Bank to work out new supply chains with clients across regions
  • “Everyone is still digesting the tariff impact,” says Tan

By Chanyaporn Chanjaroen and Tassia Sipahutar
April 8, 2025 at 5:38 PM GMT+8
Save
Translate

Singapore’s biggest bank DBS Group Holdings Ltd. expects more trade flows between Asia, the Middle East and Africa, with the lender planning to support such business amid the latest rounds of tariff hikes by US President Donald Trump.

“There will be more connectivity” for clients between these regions as well as within Asia, said Chief Executive Officer Tan Su Shan at the Asean Investment Conference in Kuala Lumpur on Tuesday. “These things will take some time to pan out, but as an Asian bank, we just have to work with them and work out new supply chains.”
Have a confidential tip for our reporters? Get in Touch
Before it’s here, it’s on the Bloomberg Terminal

More From Bloomberg​

DBS CEO Tan Su Shan
 
Last edited:
This model inspired by MOH Blue CHAS card. @sbfuncle must own one. Go polyclinic no need to show Blue CHAS card, just flash the watch.

View attachment 221989
Actually the status of your Chas is already leecorded according to your IC.
We just need to flash our IC

If want to flash watch to show as Chas loser, I would rather flash something extraordinary expensive to make them wonder why I'm so rich yet I have blue Chas.
 
U must be successful like Bro True Believer in order to qualify as successful, else u are just in our league of losers as well de woh…


Criteria
1… Drive a BMW or Equivalent
2…Own private property (non Hardland pigeon dwellers)
3… work as a middle management team and above
You can pre-order one with your loser status and get a special edition one with @sbfuncle 's signature.
 
Back
Top