This Coolie gene Sinkie needs help. Please give him your valuable advice.

I blame the PAP regime for giving these SIT (ITE) people false hopes and dreams. :cool:
 

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.
 
The Business Times


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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).
 
CECA and Jiuhu Kia mid be jin happy and double down on SG bright good future
 
https://www.humanresourcesonline.net/half-of-singapore-workers-surveyed-struggle-financially


Many Singapore employees say their pay has not kept up with inflation, while payroll teams face burnout from mounting compliance demands.​

Half of Singapore’s workforce seems to be experiencing financial stress, according to Deel’s 2025 Singapore Payday Expectations Report. The study highlights that while payroll teams manage unprecedented compliance-driven workloads, most employees report their pay has not kept pace with inflation.

These pressures increase the risk of payroll errors and employee disengagement, pointing to the urgent need for businesses to modernise payroll systems.

The study was conducted in July 2025 via a quantitative online survey using Milieu Insight’s panel. It collected responses from 1,000 full-time employees and 250 payroll decision-makers across SMEs, mid-market and large enterprises. The report combines insights from both employees (B2C Payday) and employers (B2B Payroll).
 
https://www.humanresourcesonline.net/half-of-singapore-workers-surveyed-struggle-financially


Many Singapore employees say their pay has not kept up with inflation, while payroll teams face burnout from mounting compliance demands.​

Half of Singapore’s workforce seems to be experiencing financial stress, according to Deel’s 2025 Singapore Payday Expectations Report. The study highlights that while payroll teams manage unprecedented compliance-driven workloads, most employees report their pay has not kept pace with inflation.

These pressures increase the risk of payroll errors and employee disengagement, pointing to the urgent need for businesses to modernise payroll systems.

The study was conducted in July 2025 via a quantitative online survey using Milieu Insight’s panel. It collected responses from 1,000 full-time employees and 250 payroll decision-makers across SMEs, mid-market and large enterprises. The report combines insights from both employees (B2C Payday) and employers (B2B Payroll).
High pay goes to CECAs, Tiong Kok lang, mudlanders. Sinkies don’t stand a chance
 
Many many small big bosses also Pokkai esp from FnB sector

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.
 
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He already had a Poly diploma then, and should have entered the job market pronto. After all, that has always been the greatest advantage of a poly diploma in Singapore vis-a-vis a GCE 'A' levels. After gaining that advantage, he did not make use of it and wasted it on a 3-year degree course instead. To add insult to injury, he opted for SIT which, together with SMU, SUTD and SUSS, were established to absorb ITE and Poly graduates with the objective of deferring their entry into the labor market. That bought time for CECA. While they were stroking their egos in these universities, CECAs rushed into the labor market in droves.
 
He already had a Poly diploma then, and should have entered the job market pronto. After all, that has always been the greatest advantage of a poly diploma in Singapore vis-a-vis a GCE 'A' levels. After gaining that advantage, he did not make use of it and wasted it on a 3-year degree course instead. To add insult to injury, he opted for SIT which, together with SMU, SUTD and SUSS, were established to absorb ITE and Poly graduates with the objective of deferring their entry into the labor market. That bought time for CECA. While they were stroking their egos in these universities, CECAs rushed into the labor market in droves.
CECAs are good labour with access to Uptron ACL. Uptron is the best no doubt about that. CECAs come to Sg as expats, earn more than Sinkies, have Indian maids back home in their condos at their call and beck. Indian CECAs wives no need to work.

Sinkies have both husband and wife working to pay off car and housing loan and graduate from sch with retrenchment looming.

Those with years of work experience are offered the same pay in a different company. Tell us whether local universities are better or Uptron ACL?
 
Many many small big bosses also Pokkai esp from FnB sector

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.
Don’t worry. Northern China cuisine will open doors next. Tiong Kok langs with lots and lots of money are welcome here
 
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