US allies hit back at Washington's steel, aluminum tariffs Read more at https://www.channelnewsasia.com/news/business/us-slaps-tariffs-on-steel-aluminum-trade-war-10293028 (Updated: )
YES. Let the "war" begin. The world vs USA. Show Trump not to mess with countries that dare retaliate and bring far more damage to USA.
For consumer elsewhere in other countries. If you don't agree with Trump and seen him as bullies, you can play your part by not purchasing any more USA products, extending any service provided by US companies.
U.S. Chamber of Commerce President Tom Donohue warned in a letter seen by Reuters to the body's board that current trade policies could threaten “economic progress” and cause the loss of more than 2 million jobs, mostly in states that voted for Trump and Republican candidates. -- Look like the World need to teach Trump-led US an expensive lesson.
US levies steel, aluminum tariffs on allies, risks trade war Read more at https://www.channelnewsasia.com/news/business/us-to-slap-tariffs-on-steel-aluminum-from-eu-on-thursday-sources-10293028
US trade have been losing since bush administration . All these alliance (EU, Mexico etc), rivals (china etc) keep taking advantage of US. THEY THEMSELVES ARE protectionists at the start. Let have a all out trade war. No one may win in the end, all people will get hurt. But I support trade war, this will make the global trade much fairer.
May god stand with the US, BRING JUSTICE to the world
US hits EU, Canada and Mexico with steel, aluminum tariffs
The United States on Thursday said it was moving ahead with tariffs on aluminum and steel imports from Canada, Mexico and the European Union, ending a two-month exemption and potentially setting the stage for a trade war with some of America's top allies.
Read more at https://www.channelnewsasia.com/news/business/us-hits-eu--canada-and-mexico-with-steel--aluminum-tariffs-10299978 (Updated: )
One-off payment proposal to 'share productivity gains' with workers
More than 24,000 low-wage workers earning up to S$1,300 might receive a pay hike and a special bonus if their employers accept the recommendations from the National Wages Council.
Read more at https://www.channelnewsasia.com/news/singapore/one-off-payment-proposal-to-share-productivity-gains-with-10296116
With all 23 Industry Transformation Maps launched, NWC said that employers should continue or start to operationalise the blueprints to spur more productivity and transformation.
"The productivity gain in 2017 is terrific and we must ride on the momentum to press on with our productivity efforts. ... Successful industry transformation will create better quality jobs, raise skills, pay better, sustainable wages as well as grow the economic pie,' Dr Yap said. ---
Posted on :- Wednesday, March 14, 2018
Ricky Lim · Singapore This is make possible by :-
Ricky Lim · Singapore ITM (Industry Transformation Map) has taken effects and has become increasingly effective in tackling disruptive technologies that have driven many traditional businesses to obsolescence causing many job losses in both PMETs and non-PMETs jobs. Like · Reply · 1m
Ricky Lim · Singapore (1) Industry Transformation Map (ITM) - Idea is posted in 2012 to tackle disruptive tech and is adopted by the Government feature in Budget 2016. - Now this idea is used in 23 industries where 15 industries led by one Minister-of-State have undergone transformation and has start to reap positive outcome - as a good number of companies have start to reap growth and profit through the newly transformed business. Like · Reply · 1m
Ricky Lim · Singapore Source of Origin of ITM :-
Ricky Lim · Singapore The following is posted on:-
Tuesday, 1 May, 2012 2:57 PM Ricky Lim REACH RWEB Submission feedback RWEB2012050100010 via the REACH website: To raise productivity,
To raise productivity, everyone has a part to play :- 1. Business invest in capital tools and send workers for training 2. Workers upgrade skills to operate capital tools 3. Govt provide grants, provide good education, married govt R&D bodies with business etc 4. Government work with various industry to devise objective and tangible KPI to allow business, workers, union, gov, schools etc to shoot for the KPI. 5. Govt, business, bright individuals should scout overseas countries and industries that have make their industries productive and bring it back to Singapore and transform our business to be more productive. 6. Union encourage, provide relevant course for workers to upgrade 7. School train students in right course, right skills and married industry with courses. 8. Home, family members, social bodies have to support working members to provide a conducive environment for working members to be productive. 9. Look at whatever else things that can make the nation productive, to be productive. 10. Peg the wage increase vis-Ã -vis our regions, our competitors, our international competition to ensure that our wage increase are competitive and will not drive away business – causing massive job losses.
Sent: Tuesday, 1 May, 2012 3:24 PM To: reachadmin@reachadmin.com Subject: REACH RWEB Submission: Govt agenices working with industries to devise prodictivity figures
To elaborate further :- (1) Ministry of Comm and iDA – should work with IT industries, foreign IT MNCs, local IT vendors etc to devise objective, tangible KPI productive figures in each technology areas and skillsets vis-Ã -vis global competition and regional competition – so that IT business and IT workers can target to meet the KPI productivity figures – and peg wage growth in % term and/or absolute term to the productivity figures and business profitability. Communicate this to the IT industries, business, IT workers, Union and schools. Make sure we are competitive with our global competitors and regional competitors. (2) SLA should do the same with construction sector. (3) Ministry of Finanace and MAS should work with the banking and financial sector. etc
ricky l 0Thumbs UpThumbs Down0Ricky L • a second agoRemove That is, the concept above is how to transform Singapore Economy in 2016 - sector-by-sector (conceptualising the KPI for each sector) ---- and using targeted approach to transform each sector, each industry one by one.
Only then productivity in each sector, in each industry can be successfully transformed - supported by empirical, scientific measures.
Good that after 4 years --- the idea is taken up. Like · Reply · Juvst now
Ricky Lim · Singapore The origin of Industry Transformation Map (ITM).......................
Haha...productivity? Singapore which is even smaller than Johore state, yet got more Ministers than Malaysia! How productivity is these Ministers who earning millions a year?
Singapore is the 3rd highest per capita GDP in the World. Why are you comparing Singapore to a state? In case you don't know Singapore per capita GDP is higher than many developed Countries like US, EU, China, Japan, S Korea, Taiwan, ASEAN etc. And Singapore rank very high as the least corrupt Country in the World. Not trying to howlian here --- but Singapore bashing has go on for too long - and need to be retaliated to put things in proper perspective.
There is no such thing as a free lunch in this world of politics. As in the previous article which discussed this earlier, Singapore is expected to return the favour. ie no penalty for cancelling the HSR project.
Expenses have been spend on the project - and this are taxpayers money that need to be recovered.
Zero expenses recoverable are not possible.
HSR is the Malaysia project and initiated by Malaysia, now is terminated by Malaysia. Thus the amount of compensation for monies spend - should be an issue of discussion.
Tensions soar as Israel hits Gaza militant bases after mortar fire Read more at https://www.channelnewsasia.com/news/world/tensions-soar-as-israel-hits-gaza-militant-bases-after-mortar-fire-10286566 29 May 2018 07:16PM
The earlier firing of some 28 mortar shells toward Israel caused no injuries, with most intercepted by air defence systems, --- Iron drome even can intercept all mortar shells accurately --- which is really amazing.
Trump says top North Korean official headed to New York to discuss summit Read more at https://www.channelnewsasia.com/news/world/trump-says-top-north-korean-official-headed-to-new-york-to-discuss-summit-10285816 29 May 2018 08:03PM
At the same time, a "pre-advance" US team was in Singapore to meet North Koreans. In Singapore, a team of US officials, with a fleet of idling vehicles on standby, was at a hotel on the resort island of Sentosa but declined to comment.
-- Some news say Shangri-La is a possible site. Strangely US team for advance recce is spotted on Sentosa.
Hm Hm ..... look like Shangri-La, Sentosa are possible sites ...... so the sites for the Summit are still not decided.
Gerrard Villa · Works at AIA Will the highway and roads be suddenly blocked and secured like the last time when the US president visited Spore? Many will be inconvenienced and I was stucked in traffic for 2 hours. Better don’t come Spore; no value add Like · Reply · 1 · 1h
Ricky Lim · Singapore Actually if the Summit is held in Sentosa - then it will be easy to protect and secure. Also it will not choke up the city traffic.
Sentosa also have very posh convention centre, hotel and nice sea view. Also think that Sentosa has helipad for landing.
Only need to secure the Sentosa gateway (1 main road). Can also be surrounded by warships for quick exit. Or can be helipad to Changi Airport. Like · Reply · 1m · Edited
Ricky Lim · Singapore When Trump Air Force 1 and Kim Airplane land in Changi Airport - 3 possible path to reach Sentosa :- (1) Limousine land route - via east cost to nicholl highway to Keppel to Sentosa. (2) Warship to Sentosa (3) Heliborne from Changi Airport to Sentosa.
Posted on :- 15 May 2018 SENTOSA ISLAND There's media speculation that North Korea would prefer the secluded island resort of Sentosa, located about 20 minutes from the city center, because of security reasons.
Avatar ricky l 0 secs ago Look like both US President Trump and N Korea Leader Kim - do look at social media posting and respond to it. Ha ha ha Reply
New tripartite workgroup to study concerns of older workers Read more at https://www.channelnewsasia.com/news/singapore/new-older-workers-tripartite-workgroup-mom-10284234
“Should we continue to assume that most people do not work beyond age 64? In fact, brother Chee Meng asked a good question recently. Why should there be an expiry age for people’s desire or willingness to work?” Mrs Teo said at the seminar. “If so many countries will have older populations, how can we turn this into a competitive edge for our economy and society?” The setting up of a committee to better support older workers was first mooted by Mr Ng during his first speech in Parliament as deputy secretary-general of NTUC in response to the President’s Address. He also proposed expanding the Inclusive Growth Programme (IGP) by the National Trades Union Congress to extend more help to low-wage workers. --- Yes many people want to work beyond 64 years old - as they want to stay alert, stay healthy and want to be still active working earning money.
But the problem is, many companies will start to target 50 years old, 60 years old - to be retrenched - in favor of younger workers or FTs.
So this workgroup come in handy - on how to tackle older workers who are healthy, alerts - and still want to work.