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S'pore became a 1st-world nation under PM Lee's leadership: Ng Chee Meng at 2024 NTUC May Day Rally


These PCB Farkers simply have no sense of shame.


S'pore became a 1st-world nation under PM Lee's leadership: Ng Chee Meng at 2024 NTUC May Day Rally​

Ng said the labour movement owes a debt of gratitude to PM Lee, and that they wished him the very best.

National Trades Union Congress' (NTUC) Secretary General Ng Chee Meng said Singapore became a first-world nation under Prime Minister (PM) Lee Hsien Loong's leadership.

Ng paid tribute to PM Lee in his speech which opened the 2024 NTUC May Day Rally on the morning of May 1, 2024.

The 2024 May Day will be PM Lee's last one as the head of Singapore's government, before PM Lee hands over the reins to Deputy Prime Minister (DPM) and Minister of Finance Lawrence Wong on May 15.
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Alfrescian (Inf)
There was already a lack of shame when they continue to gaslight Sinkies that the NTUC is somehow a legitimate 'labour union'.

The truth is it's just a bunch of grifters.



Alfrescian (Inf)
Please POFMA the Sengkang GRC reject and fake union chief.

Sinkieland became a first world nation under LKY. The Useless Son merely inherited it in 2004.

Utter cringe to use Mayday to butter up an outgoing PM. :rolleyes:



Please understand: We have succeeded, and Singapore has made exceptional economic and social gains, because our system is exceptional
SINGAPORE: Political stability and trust in the government are critical for Singapore in the years ahead, Prime Minister Lee Hsien Loong said in his last major speech before handing the reins to Deputy Prime Minister Lawrence Wong.

Delivering the keynote address at the May Day Rally on Wednesday (May 1), Mr Lee said Singapore’s next chapter was off to a strong start.

But a "very challenging" period lay ahead, with great power rivalry, deglobalisation, technological advances, climate change and the threat of war.

Against this backdrop, Mr Lee, who will step down as Prime Minister on May 15, said some "hard truths" had not changed for Singapore.

Singapore's system is anchored on a strong base of trust, with the People's Action Party (PAP) government working hard to maintain it, he said.

"Therefore at each election, 15 times in a row, the PAP has won a renewed mandate, fair and square, and continued to deliver results for Singaporeans."

Former Prime Ministers Mr Lee Kuan Yew and Mr Goh Chok Tong built a system that would endure beyond their own terms, and Mr Lee said his successors must do the same.

Getting Singapore's politics right would be "absolutely crucial" in this, he said.

"Please understand: We have succeeded, and Singapore has made exceptional economic and social gains, because our system is exceptional.

"The system does not have to fail outright for Singapore to get into trouble. Even if we just become ordinary, average, we will already be in serious trouble."

Singapore "will certainly be sunk" if the system is made dysfunctional by populism, divisions or a focus on short-term gains, he said, adding that the country's reserves "will not last very long, nor will they count for much" then.

And while the country's system will evolve with time, it must "evolve in a way that continues to serve Singapore’s interests".

This trust between people and government is needed to sustain long-term planning, another imperative that the PAP government has always maintained, said Mr Lee.

He pointed to plans like the new Tuas mega port, Changi Airport Terminal 5, Long Island, the redevelopment of Paya Lebar and the Greater Southern Waterfront, and the decarbonisation of Singapore's economy.

"I have no doubt that the next team and their successors will conceive more creative and ambitious projects, which will challenge us, inspire us and take our country to the next level," he said.


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Superb 1st World nation indeed. Best gift PAP has achieved for Singapore is this - we even won the World Cup. Bravo!:


With 'consistently high cost of living', Singapore ranked world's most expensive city for 8th time in a decade: Survey

People sitting next to a pond with a view of Singapore's business district.

AFP People sitting next to a pond with a view of Singapore's business district.

  • Singapore has tied with New York to share the top spot on EIU's index of the world's most expensive cities
  • This is the eighth time within a decade that Singapore has ranked first
  • EIU said Singapore has faced a consistently high cost of living
  • Singapore also has a tendency to rank highly due to its strong currency
SINGAPORE — Singapore has tied with America’s New York to share the unwanted title of being the most expensive city to live in, the latest Worldwide Cost of Living index showed.

Results of the survey by the Economist Intelligence Unit (EIU), which were released on Thursday (Dec 1), showed that a combination of high incomes and a strong exchange rate propelled both financial hubs to the top of the list.


1. Singapore
1. New York, United States
3. Tel Aviv, Israel
4. Hong Kong, special administrative region of China
4. Los Angeles, US
6. Zurich, Switzerland
7. Geneva, Switzerland
8. San Francisco, US
9. Paris, France
10. Copenhagen, Denmark
10. Sydney, Australia
161. Colombo, Sri Lanka
161. Bangalore, India
161. Algiers, Algeria
164. Chennai, India
165. Ahmedabad, India
166. Almaty, Kazakhstan
167. Karachi, Pakistan
168. Tashkent, Uzbekistan
169. Tunis, Tunisia
170. Tehran, Iran
171. Tripoli, Libya
172. Damascus, Syria

The bi-annual survey, conducted between Aug 16 and Sept 16 this year, compares more than 400 individual prices across more than 200 products and services in 172 cities.


TODAY Youth Survey: Cost of living main source of mental health struggles, amid worries over healthcare and everyday expenses

EIU — the research and analysis division of the Economist Group, which also manages the Economist newspaper — said that the survey has been designed to enable human resources and finance managers to calculate cost-of-living allowances and build compensation packages for expatriates and business travellers.

The Ministry of Trade and Industry (MTI) said in December last year, after the release of EIU’s previous report, that the results “may not reflect the cost of living of Singaporean households”.

For instance, it said that the EIU consumption basket includes items such as international foreign daily newspapers that tend to be more expensive than what Singaporean households typically consume, such as Singapore's newspapers.

In response to TODAY's queries, Ms Upasana Dutt, head of Worldwide Cost of Living at EIU, said on Thursday that its survey includes products and services, which are common all across the cities in order to provide standardisation and direct city-to-city comparisons.

These include categories such as food, drinks, clothing, household supplies and personal care items, home rent, and transport, she added.

Last year, MTI said that EIU’s survey findings were compiled by comparing the prices of goods and services across countries and converting them from their domestic currencies to US dollars.

“This means that the rankings are sensitive to currency fluctuations. However, currency fluctuations have less impact on the cost of living of Singaporeans who earn their income in Singapore dollars,” MTI said then.

Commenting on its latest findings for Singapore, EIU said that the country has faced a consistently high cost of living.

“The city-state has the world’s highest transport prices, owing to strict government controls on car numbers. It is also among the most expensive cities for clothing, alcohol and tobacco, thanks to its success as a premier location for business investment,” the company added.

And because of Singapore’s strong currency, it has a tendency of ranking highly on EIU’s index.

EIU said that prices are higher when expressed in international common currency, while structural factors such as competition or high demand play a key role in determining the cost of living as well.

It added that because it converts domestic currency prices into US dollars to calculate each city’s index, EIU’s rankings are also driven by exchange rates against the dollar.

Ms Dutt said that as compared to other currencies, the Singapore dollar depreciated relatively less, which caused the city to stay as one of the most expensive.
Beyond Singapore’s strong currency, EIU also pointed to high inflation, which has led to the cost of living soaring in the world’s major cities as war in Ukraine and continuing Covid-19 pandemic restrictions disrupt supply chains, particularly for energy and food.

On average, EIU said that prices have risen by 8.1 per cent in local-currency terms, the highest rate in the 20 years for which the firm has collected digital data.

Utility and food prices have increased sharply in the midst of trade restrictions caused in part by the Ukraine war, but petrol prices have seen the most rapid increases, it added.

The firm found that the price of a litre of petrol has risen by 22 per cent year-on-year on average in local-currency terms at a time of higher global oil prices and a stronger US dollar.

Separately, prices for gas and electricity saw a global average increase of 11 per cent, compared to the 29 per cent on average in local-currency terms in western European cities as the region tries to wean itself off Russian energy.

Despite the relatively bleak outlook, EIU said that “prices may be starting to ease” in some countries as interest rates bite and the global economy slows. Supply-chain blockages should also start to ease as freight rates come down and demand softens.

“Unless the war in Ukraine escalates, we predict that commodity prices for energy, food and for supplies such as metals are likely to fall sharply in 2023 compared with 2022 levels, although they are likely to stay higher than previous levels.”

Overall, EIU forecasts that global consumer price inflation will fall from an average of 9.4 per cent this year to a still-high 6.5 per cent in 2023.

TODAY has sought comment from MTI regarding EIU’s latest report.
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With PM Lee's last major speech before handover, election campaigning 'has started': Analysts​

This was Prime Minister Lee Hsien Loong's last platform to deliver a message before Singapore heads to a pivotal polls, according to political observers.
With PM Lee's last major speech before handover, election campaigning 'has started': Analysts

Singapore Prime Minister Lee Hsien Loong at the May Day Rally at Marina Bay Sands Expo & Convention on May 1, 2024. (Photo: CNA/Raydza Rahman)

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Davina Tham
Justin Ong Guang-Xi & Davina Tham
01 May 2024 03:45PM (Updated: 01 May 2024 06:08PM)

SINGAPORE: Prime Minister Lee Hsien Loong’s final major speech as Singapore's leader on Wednesday (May 1) can be seen as an election campaign speech, according to political analysts.

The May Day address, delivered two weeks before he hands the reins to Deputy Prime Minister Lawrence Wong on May 15, was Mr Lee’s final chance to address the nation in his current capacity before the next General Election, which experts predict will be called by year-end.


Mr Lee touched on the government’s achievements during his 20-year tenure, as well as fundamentals which have helped Singapore overcome past challenges.

Associate Professor of Law at the Singapore Management University Eugene Tan said Mr Lee’s speech was about rallying the nation before the handover.

“It is also about reminding Singaporeans that the People's Action Party (PAP) government has kept to its word and to enthuse Singaporeans about the future,” said Assoc Prof Tan.


Old Fart
Let's set the record straight. Sg became 1st world under LKY. Under pinky, we started the slide back to 3rd world with the influx of tiongs and cecas.

Fuck Ng Chee Meng for being a bold faced liar.