Chitchat Taxi drivers are dying from low fares!

Amazon’s automation push to cut 500k human jobs; Singapore-Japan ties to deepen under new leadership, says PM Wong: Singapore live news​

Yahoo News Singapore
Updated Wed, 22 October 2025 at 10:01 AM SGT

Sunnyvale, CA, USA - Nov 24, 2023: Exterior view of Amazon's Sunnyvale office in the Silicon Valley in California. Amazon.com, Inc. is an American multinational technology company.

Amazon plans to cut 500,000 jobs as it steps into its automated era. (PHOTO: Getty Images)
Amazon built its dominance by hiring hundreds of thousands of warehouse workers, contracting fleets of delivery drivers, and pioneering systems that use technology to hire, monitor, and manage employees. Now, according to interviews and internal strategy documents reviewed by The New York Times, Amazon executives believe the company is approaching its next major evolution – one that could see robots replacing more than half a million jobs. The documents outline plans to integrate automation across its vast logistics network.
 

Projected doubling of S’pore GDP by 2040 could see S$ on a par with US dollar, STI hit 10,000: DBS​

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DBS expects Singapore’s real GDP to grow 2.3 per cent a year through 2040.

ST PHOTO: LIM YAOHUI


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DBS

Published Oct 22, 2025, 03:11 PM
Updated Oct 22, 2025, 06:33 PM

SINGAPORE – Singapore’s economy could more than double by 2040, with the Singapore dollar potentially trading 1-for-1 against the US dollar and the Straits Times Index (STI) climbing to 10,000 points over the 15-year period, the Republic’s largest bank said in an Oct 22 report.

The DBS Singapore 2040 report, which outlines the bank’s projections for the economy, forecast that Singapore’s gross domestic product could reach between US$1.2 trillion (S$1.56 trillion) and US$1.4 trillion by 2040 from US$547 billion in 2024, driven by capital accumulation, human capital development and productivity gains.

It said the Republic’s growth has been underpinned by institutional strength and rising educational quality, which have helped sustain the country’s competitiveness over the past few decades.
 
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STI could reach 10,000 by 2040; Singdollar could also hit parity with greenback: DBS report​

A culture of risk-taking is necessary for the next leap

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Tan Nai Lun

Tan Nai Lun

Published Wed, Oct 22, 2025 · 11:50 AM

  • Singapore’s benchmark index has seen strong year-to-date performance.

  • Singapore’s benchmark index has seen strong year-to-date performance.

  • Singapore’s benchmark index has seen strong year-to-date performance.

  • Singapore’s benchmark index has seen strong year-to-date performance.

  • Singapore’s benchmark index has seen strong year-to-date performance.
  • Singapore’s benchmark index has seen strong year-to-date performance. PHOTO: TAY CHU YI, BT
  • Singapore’s benchmark index has seen strong year-to-date performance. PHOTO: TAY CHU YI, BT
  • Singapore’s benchmark index has seen strong year-to-date performance. PHOTO: TAY CHU YI, BT
  • Singapore’s benchmark index has seen strong year-to-date performance. PHOTO: TAY CHU YI, BT
  • Singapore’s benchmark index has seen strong year-to-date performance. PHOTO: TAY CHU YI, BT
[SINGAPORE] The Straits Times Index (STI) could rise to nearly 10,000 by 2040 if historical return patterns hold, according to DBS’ Singapore 2040 report.

The Singapore dollar could also reach parity with the US dollar by 2040, amid policy and safe-haven appeal, said the report released on Wednesday (Oct 22).
 
Millions of Jiuhu Kia must be wet wet underwear when they hear of this good news
 
All the PHV and Taxi drivers want max surcharge prices for every trips so they can quickly earn their target early and balik home to shake legs ... expecting $8k/mth with minimal work .... all the passengers are expected to be daft and dump to pay $$$$ to feed them .... :FU:
Hahha. Really made my day to hear all fhese born losers complaining about low fares. These idiots don't realise they are a pampered lot by govt in the past. Only citizens allowed to drive taxis and taxi driving licence is a fall back by pap for yhese lszy bums who got retrenched and asked MPs for help. They expect 8k salary just by driving a car whhch any idiot can do. And for years they hide when near midnight and humiliate passengers or harass pretty ladies. Most are just retrenched scums who think they are still professionals. No skill required . Soon robotaxis would displaced these useless buggers and its unavoidable as robotaxis less costs operate 24/7 and no shitty driving on roads.
 
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