Shit standard of living: work till you drop

[jsctan]

Kenna bad accident by 70yrs old grandad driving a taxi while dozing off.
It's a danger to other road users with workers passed retirement age.
Also, CS retirees not vacating the seat in the office, how will fresh grads get experience not forgetting economic refugees coming by villages to steal middle age Sinkies' lunches.

 

[k1976]

Singapore households’ debt up, but financial assets grew faster: MAS​

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The ratio of household debt to personal disposable income is also down for the 12th quarter in a row.

PHOTO: ST FILE

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Monetary Authority of Singapore

Published Nov 27, 2024, 01:00 PM
Updated Nov 27, 2024, 07:02 PM

SINGAPORE - The debt of households in Singapore may have risen in the past year, but their financial assets such as cash and stocks grew at a faster pace, so they can withstand pressures, said the central bank.

This is because income growth has been healthy and has outpaced debt accumulation, the Monetary Authority of Singapore (MAS) said in its annual financial stability review on Nov 27.

Household debt in the third quarter of 2024 was up by 3.6 per cent year on year, with mortgage loans the key contributor.

 

[k1976]

Household debt seem like Elon Musk Rocket…keep climbing n climbing…why hah?

 

[k1976]

'We waited and waited': Jollibean staff allege unpaid wages, CPF contributions amid sudden outlet closures​

Once a household name with more than 30 outlets across the island, Jollibean only has a handful of outlets to its name today.

Homegrown soya milk brand Jollibean's outlet at Lavender MRT Station was repossessed by SMRT Trains on Jun 30, according to a notice seen on its door on Jul 8. (Photo: CNA/Koh Wan Ting)



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Koh Wan Ting
10 Jul 2025 08:17PM (Updated: 10 Jul 2025 08:28PM)
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FAST
SINGAPORE: Several outlets of soy milk retailer Jollibean have shut in the past year, with its workers claiming that they have been owed months of salaries and Central Provident Fund (CPF) contributions.

Once a household name with more than 30 outlets spanning the island, there are only five physical Jollibean outlets still operating.