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.
 
fuck lah, return all the taxis, let comfort burn in COE write offs. they can be recycled into the quotas again
My friend went to a confuck meeting, the CEO came in not knowing external contractors were inside the meeting. After greetings everyone, he said, let brainstorm on how to squeeze the drivers. Everyone suggest an idea.
 

Soi 47 closes all outlets, jailed ex-owner accused of owing debts​

Soi 47 has abruptly shut all of its outlets. (PHOTO: Sethlui.com)

Soi 47 has abruptly shut all of its outlets. (PHOTO: Sethlui.com)
Popular Thai restaurant chain Soi 47 has abruptly shut all six of its outlets across Singapore, ending nearly a decade of offering authentic and affordable Thai cuisine. A search on Google shows that branches once located in Orchard, Clarke Quay, Clementi, Toa Payoh and other areas are now listed as either "temporarily closed" or "permanently closed", with no official statementissued by the company. Even the flagship outlet in Toa Payoh, which was still marked as open online, was found shuttered when reporters visited.

Customer reviews suggest that most outlets were still operating as recently as the previous week, making the closure appear especially sudden. The shutdown coincides with controversy surrounding Soi 47’s former owner, who is currently serving a jail term for offences unrelated to the restaurant. A food supplier has also accused the company of defaulting on over $160,000 in unpaid bills in the months leading up to the closure.

According to Shin Min Daily News, the supplier, He Zhenzhu of Haisheng Food Company, said his firm had provided frozen seafood and meat to Soi 47 since 2019. While payments were regular for several years, delays began in late 2024. The restaurant’s then-manager, Mr Ang Wee Ling, told Mr He that Soi 47 was facing cash-flow problems and promised to settle the debts through monthly instalments.

By August 2025, however, all payments had stopped, and Mr He said he was unable to reach Ang or anyone from the company. It was later revealed that Ang had been sentenced in June 2025 to 14 months’ jail for offences related to illegal labour importation under his other businesses, Toast Inn and Tinn3 Pte Ltd, both of which had links to Soi 47’s operations.

The restaurant chain has since changed ownership, but the new management has denied responsibility for the previous debts. The company’s current director told Shin Min that he had only joined earlier in 2025 and was unaware of the restaurant’s financial difficulties until suppliers began reaching out after the closure.
 
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.
When your car is in the car workshop for repair and they can’t give you replacement car. You need a grab or taxi. It won’t be available.

You take the MRT and bus and squeeze with all the coolie gene Sinkies, Tiong Kok lang, Ah Neis, people who blast Nokia 3310 alike tone loudly or the train so heng break down on the day you have no choice but use the public transport

Or your kid needs to take O and A levels exams and so Heng the MRT breakdown and he / she kan cheong rush to the nearest centre

Damn suay. It’s like that brother.
 
When your car is in the car workshop for repair and they can’t give you replacement car. You need a grab or taxi. It won’t be available.

You take the MRT and bus and squeeze with all the coolie gene Sinkies, Tiong Kok lang, Ah Neis, people who blast Nokia 3310 alike tone loudly or the train so heng break down on the day you have no choice but use the public transport

Or your kid needs to take O and A levels exams and so Heng the MRT breakdown and he / she kan cheong rush to the nearest centre

Damn suay. It’s like that brother.
U are so wrong. I haven't use a taxi or grab for past 10 years as i find their attitude sh!tty. My toyota never broke down once in 10 years till coe expires! Every service at borneo motors they provide free shuttle to mrt. So i used mrt only once or twice a year. Off peak fast and clean. My current lexus is also same. Even better they pick car and drop from office. U obviously don't drive . Why bother with waiting for taxis and grab and all sh!tty attitude when they are no better than sedan chair carriers. Taxi and grab drivers have inferiority complexes. Always arrogant and rude. In ancient china sedan chair carriers are the lowest occupation just above night soil disposals workers.
 
U are so wrong. I haven't use a taxi or grab for past 10 years as i find their attitude sh!tty. My toyota never broke down once in 10 years till coe expires! Every service at borneo motors they provide free shuttle to mrt. So i used mrt only once or twice a year. Off peak fast and clean. My current lexus is also same. Even better they pick car and drop from office. U obviously don't drive . Why bother with waiting for taxis and grab and all sh!tty attitude when they are no better than sedan chair carriers. Taxi and grab drivers have inferiority complexes. Always arrogant and rude. In ancient china sedan chair carriers are the lowest occupation just above night soil disposals workers.
Another delulu with inferiority complex.
 
Tan Su Shan (Image: DBS)
Tan Su Shan (Image: DBS)
FINANCEThursday, 23 October 2025 12:17

DBS CEO: «Singapore Has Built a Very Precious Commodity – Trust»​





The chief executive officer of DBS spoke about how Singapore can respond to the uncertain macro environment, citing trust as a major component that will continue to drive success.

According to DBS CEO Tan Su Shan, Singapore has established itself as a reputable hub where entrepreneurs can store data and IP, achieve interoperability and create sandboxes for experimentation in areas such as healthtech, biotech and software.

«Over the years, Singapore has built a very precious commodity – trust. I remember meeting Jack Ma 10, 15 years ago with my Chairman and then CEO. He said to us, 'Singaporeans don't understand how much trust people have with you’,» she said in the opening remarks of the bank’s event that included a conversation with the Monetary Authority of Singapore’s deputy chair Chee Hong Tat.
 
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