Wednesday, September 16, 2020

REACH 139 - F&B must comply with safety requirements (SK)

16 Sep 2020 (11am - 7pm)


REACH

[10:50 am, 16/09/2020] +: Dear REACH contributors,

Welcome back! ☺️ 

⏰ Our chat will be open until 7pm today.

Please be reminded to be respectful and considerate to others in this WhatsApp chat group. ๐Ÿ™๐Ÿผ

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- Megan

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REACH

[11:01 am, 16/09/2020] +: ๐Ÿ“ขTopic:

The Government agencies will continue to step up enforcement checks to ensure that F&B establishments comply with the COVID-19 safety measures.

How can we play our part to be socially responsible when dining out with our family and friends?๐Ÿด

The Ministry of Sustainability and Environment said Government agencies will continue to step up enforcement checks to ensure that F&B establishments comply with the COVID-19 safety measures and that it will not hesitate to take "firm enforcement action" if the measures are breached.

Minister Grace Fu also urged F&B operators and patrons to observe the safe management measures as “we must do what we can to contain the spread of the virus, safeguard public health and livelihoods, and help Singapore to return…

+ changed the group description. Click to view.

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[11:03 am, 16/09/2020] +: Taking photos videos can lead to unpleasant outcomes.  Surprised enforcement to be stepped up.

[11:06 am, 16/09/2020] +: Interesting hor, some of us already discussed about this yesterday, G2 continues to live up to its legacy of discussing things before it becomes a topic! Haha!

[11:10 am, 16/09/2020] +: Shouldn't they disclose the list of F&B outlets? Cos other "innocent" customers may have made a booking and turned up, only to realise they kena whack.

[11:11 am, 16/09/2020] +: Every Singaporean aged 18 and above to receive S$100 worth of local tourism vouchers

More: https://www.channelnewsasia.com/news/business/singaporediscovers-tourism-vouchers-chan-chun-sing-covid-19-13115702

[11:11 am, 16/09/2020] +: ๐Ÿ‘Œ

[11:11 am, 16/09/2020] +: Yes

[11:12 am, 16/09/2020] +: And the list will also help other people in their choices, eg those who want to choose places which have proper distancing measures.

[11:12 am, 16/09/2020] +: I don't think it's such a good idea, won't this impact the businesses for some time?

[11:13 am, 16/09/2020] +: Not sure if this amount per individual is sufficient.

[11:14 am, 16/09/2020] +: I think it’s a joke

[11:14 am, 16/09/2020] +: Have u seen how much zoo tickets cost now ?

[11:14 am, 16/09/2020] +: And if u have families u have to include the kids

[11:15 am, 16/09/2020] +: $100 okay can bring my girl to USS 1 day GONE.

[11:15 am, 16/09/2020] +: Though I must say, some establishments have lowered their prices to attract more people

[11:15 am, 16/09/2020] +: Our gah men loves their copay Schemes

[11:15 am, 16/09/2020] +: Bottom line u need to TOP up too

[11:15 am, 16/09/2020] +: Yes

[11:15 am, 16/09/2020] +: Anyway for those who want to go anyway

[11:15 am, 16/09/2020] +: It will help

[11:15 am, 16/09/2020] +: Those who cannot afford it

[11:15 am, 16/09/2020] +: And what about those who don't want the vouchers? Lol

[11:15 am, 16/09/2020] +: It won’t make much diff

[11:16 am, 16/09/2020] +: Pretty sure forfeit lot

[11:16 am, 16/09/2020] +: Lor

[11:16 am, 16/09/2020] +: But they're seriously flouting the rules. Like beer in teapot. Seriously... And trying to hide the fact that the VIP room is actually 1 huge group. As a "paranoid person", I want to know what the restaurants are doing before deciding where to go to this place or go somewhere else.

[11:16 am, 16/09/2020] +: Cannot redeem for cash

[11:16 am, 16/09/2020] +: Gahmen will still give though, right?

[11:16 am, 16/09/2020] +: U wait long Long

[11:16 am, 16/09/2020] +: As in redeem for cash

[11:16 am, 16/09/2020] +: Sometimes hor

[11:16 am, 16/09/2020] +: Their association needs to educate them.

[11:17 am, 16/09/2020] +: I just wish the gahmen put some effort or sincerity into these Schemes

[11:17 am, 16/09/2020] +: ๐Ÿคท‍♀️

[11:17 am, 16/09/2020] +: It seems half assed at best and insulting at worst

[11:17 am, 16/09/2020] +: Will never happen

[11:18 am, 16/09/2020] +: Honestly it's better than nothing already lor 

Don't give, people complain 

Give, people also complain 

What to do nia

[11:18 am, 16/09/2020] +: Agreed

[11:18 am, 16/09/2020] +: Don’t give better

[11:18 am, 16/09/2020] +: I don't think education is the problem here. They obviously know the rules, it's an intentional act of "being creative" so that they can continue business as usual.

[11:18 am, 16/09/2020] +: Honestly no one will complain

[11:18 am, 16/09/2020] +: No one asked for this in the first place

[11:18 am, 16/09/2020] +: ๐Ÿ‘

[11:19 am, 16/09/2020] +: People are asking for help with jobs, covering living costs

[11:19 am, 16/09/2020] +: Not these window dressing stuff

[11:19 am, 16/09/2020] +: Agree

[11:19 am, 16/09/2020] +: I personally think that by attracting people to these establishments, the staff will have something to do, and in turn retain their proficiency in their jobs - it's not really just about them keeping the job

[11:19 am, 16/09/2020] +: Maybe pump money there better

[11:21 am, 16/09/2020] +: "But those in tourism are jobs too......"

[11:22 am, 16/09/2020] +: Yah but better to give straight to the emplotyees direct then the bosses and The company

[11:22 am, 16/09/2020] +: Who knows where the money disappear to

[11:22 am, 16/09/2020] +: Should penalise them with a hefty fine . Doing it with the full intention of cheating the authorities.

[11:23 am, 16/09/2020] +: I am sure all boses will tell their staff times are bad and cut salaries or job jialat jialat even if they get the subsidies or assistance from gahmen

[11:23 am, 16/09/2020] +: Profit before safety!

[11:23 am, 16/09/2020] +: It’s always profit before everything else

[11:24 am, 16/09/2020] +: ๐Ÿ˜…

[11:24 am, 16/09/2020] +: I think under the new rules, it's immediate suspension iirc.... And that's why I suggest the disclosure of the list. It helps consumers make an informed choice.

[11:25 am, 16/09/2020] +: I'm sorry but where's the safety in this? Are we talking about F&B or the voucher thing?

[11:25 am, 16/09/2020] +: I also blur ๐Ÿ˜‚

[11:26 am, 16/09/2020] +: I think he means F&B...

[11:26 am, 16/09/2020] +: Food safety ah?

[11:30 am, 16/09/2020] +: The safe distancing measures lah. If as a business I can make more profit, screw SMM! If I kena fine, it's just cost of business. I'll take that risk and pray no one comes in to spot check.

I think that's what he means by Profit over safety.

[11:33 am, 16/09/2020] +: F and B  . Social distancing doesn't help them but profit does. Voucher separate issue.

[11:49 am, 16/09/2020] +: Local tourism vouchers is a good move to stimulate internal tourism, but hopefully the tourist attraction keeps to safe distancing practices while the pandemic is still around. 

I understand it’s the government’s way of helping out a barely surviving industry and keeping tourist-related jobs around. 

What I would like to know is, if there is a list of touristy establishments for these vouchers, and T&C for using them?

[11:53 am, 16/09/2020] +: Yes

[12:11 pm, 16/09/2020] +: https://mothership.sg/2020/09/stb-price-hikes-singapore-rediscovers/

[12:12 pm, 16/09/2020] +: Singapore partners Apple on new LumiHealth app to promote healthy lifestyle changes https://www.todayonline.com/singapore/singapore-partners-apple-new-lumihealth-app-promote-healthy-lifestyle-changes#.X2GQweEdgFY.whatsapp

[12:14 pm, 16/09/2020] +: It would be better if the amount was higher. Perhaps $200 per person?

[12:18 pm, 16/09/2020] +: With wider options

[12:26 pm, 16/09/2020] +: Will there be subsidies or voucher for PR spouse like the solidarity payment ?

[1:02 pm, 16/09/2020] +: No

[1:02 pm, 16/09/2020] +: As stated in news

[1:18 pm, 16/09/2020] +: I hope restaurants, malls, and other public places will modify their air con system like the aircrafts to include uv lights to reduce air transmission. We already have atas airport, atas medical care, atas financial hub, atas F&B, atas hotels, atas resorts, we now need be the safest place in the world for tourism and face to face biz. Implementation of trace together token /app is a definite boost to this aim. If we replace more manual doors to auto doors in public areas, that would be helpful too.

[1:25 pm, 16/09/2020] +: Adult S'poreans to get $100 tourism vouchers: How to redeem them and what you can use them for

More: https://www.straitstimes.com/singapore/5-things-you-need-to-know-about-the-singaporediscovers-vouchers

[1:26 pm, 16/09/2020] +: Worth doing

[1:30 pm, 16/09/2020] +: They should allow them to use it for FNB not all got time to go for vacation ๐Ÿ˜


[1:31 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

F&b is recovering.

Tourism sector has not recovered.


[1:32 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

It is a targeted help to reboot tourism.


[1:35 pm, 16/09/2020] +: Understand just sharing and voicing a thought for those who are just barely surviving.

[1:35 pm, 16/09/2020] +: Or sight seeing tours

[1:35 pm, 16/09/2020] +: Agree

[1:39 pm, 16/09/2020] +: https://en-gb.facebook.com/business/boost/grants

[1:42 pm, 16/09/2020] +: ๐Ÿ˜Š๐Ÿ‘

[2:00 pm, 16/09/2020] +: Govt give $100, people wants more . Even Govt give $500, people will still ask for more ! There is never enough ! $100 each multiply by the population  , already now much !!!! What Govt spend That’s also our money that the Govt has save so hard for the past one generation !!!!                 ็Ÿฅ่ถณ้•ฟไน! pls do not ask for more ! Appreciate and cherish and Take what the govt give.

[2:04 pm, 16/09/2020] +: Only when u have enough u will say that... Some family is truly very poor especially hardship during this period. I understand some really one kind... Greedy and wanted more... But some cases are genuinely needed the extra help.

[2:04 pm, 16/09/2020] +: But it's hard to determine

[2:05 pm, 16/09/2020] +: And I agree nothing is fair and enough

[2:07 pm, 16/09/2020] +: And this voucher should be food vouchers...

[2:07 pm, 16/09/2020] +: For the family in need

[2:08 pm, 16/09/2020] +: I would like to think so.

[2:09 pm, 16/09/2020] +: I guess the bigger picture is to encourage people to spend in this case, not really to help the targeted family.


[2:10 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Thought CDC already given those needy $100 vouchers for food to buy in their neighborhood?

Cc is the one that distribute this voucher.


[2:11 pm, 16/09/2020] +: True that too.. to boost our economy

[2:12 pm, 16/09/2020] +: $100 feed how many people? And can last how long?


[2:12 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

The proposed voucher objective is to reboot tourism sector - and not to be confused with social assistance.


[2:12 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Dec 2020 to Jun 2021.


[2:16 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Every policy or scheme or programme are meant to achieve certain economics or social or political objective.

And for this tourism voucher - is targeted to achieve the objective to reboot tourism sector and not to be confused with other policy objectives.


[2:17 pm, 16/09/2020] +: ๐Ÿ‘๐Ÿป

[2:17 pm, 16/09/2020] +: Just saying

[2:17 pm, 16/09/2020] +: We know what is it for

[2:18 pm, 16/09/2020] +: But seriously, until the vaccine is found, the comsumer confidence will remain low.

[2:19 pm, 16/09/2020] +: Yes

[2:26 pm, 16/09/2020] +: ๐Ÿ‘๐Ÿ‘


[2:26 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Our reserve values have dropped from $313 billion to $306.

One year return is negative.

So we have to use our money wisely.


[2:28 pm, 16/09/2020] +: Expected


[2:31 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

We have used up $100 billion this year.

Reserves value also drop.

So money can vanished easily if we don't preserve it.


[2:32 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

So how many $100 billion more can we used?


[2:34 pm, 16/09/2020] +: Very good points!

[2:34 pm, 16/09/2020] +: We have a long way go with the reserves. Our Ministers will either lead us to death (red oceans) or bring us safely to blue oceans

[2:35 pm, 16/09/2020] +: S$ 320 million for this voucher exercise.  https://www.straitstimes.com/singapore/5-things-you-need-to-know-about-the-singaporediscovers-vouchers

[2:36 pm, 16/09/2020] +: We all can play our part by making sure to wear our masks after we are done eating or drinking. If dining out use safe entry and TraceTogether. Don’t touch eat other or share food if possible. Use spare utensils for sharing of food and place on own plate for consumption.

[2:39 pm, 16/09/2020] +: Yup

[2:39 pm, 16/09/2020] +: This is hard to implement across the board


[2:45 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

We cannot touch the reserves anymore because it will grossly deplete our earning capacity for the nation and residents will be force to pay higher taxes - if our NIRC earnings from sovereign fund are depleted.

We need to systematically and surgically open up our economy to earn income to build up our reserves.

Hence we need to be not complacent in preventing virus infections as we open up our economy.


[2:46 pm, 16/09/2020] +: How Long it take for the Govt to save $100 billion ? But it take us only 6 months to finish the $93 billion !!!! People are still asking for more grants from Govt ! The $300 billions will finish within 2 years then !!!!


[2:46 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Else we end up borrowing as debt - and our economy and financial reserves will be screwed.


[2:47 pm, 16/09/2020] +: Yes

[2:47 pm, 16/09/2020] +: HSK said sgd100 billion 20 years reserves.


[2:48 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

US debt is US$26 trillion through mindless and reckless spending.

No way their people can repay the debt back unless they sell all their MNCs.


[2:49 pm, 16/09/2020] +: Can anybody enlighten me how the big items such as housing and COE are still going up when we have negative growth ??? Who are the people buying cars and houses and are these people receiving all the Govt grants ???

[2:49 pm, 16/09/2020] +: I wonder too!

[2:51 pm, 16/09/2020] +: Private home sales continue to boom for fourth straight month in August: URA data 

https://www.todayonline.com/node/8753781

Download the TODAY app at https://www.todayonline.com/apps


[2:51 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Assuming US MNCs is worth US$100 billion each - they need to sell 260 MNCs to repay back the debt.

Fortune 100 only have 100 companies.

Does US have enough MNCs to sell?

So US treasury is a virtual bankrupt.


[2:52 pm, 16/09/2020] +: Nice analysis

[2:53 pm, 16/09/2020] +: Those who have fat pays

[2:53 pm, 16/09/2020] +: That’s why they want to take over Tik Tok for free !

[2:56 pm, 16/09/2020] +: Byte Dance has teamed up with Oracle to get around trump's regulations

[2:59 pm, 16/09/2020] +: US operates in a different manner, spent whatever I have now and let the next  president worry about the rest. And the cycle repeats.

[2:59 pm, 16/09/2020] +: I am not a fan of Tik Tok. 

And I think locally it is not so popular. Which is a good thing.

[2:59 pm, 16/09/2020] +: There are Singaporeans  who have saved alot  or simple cash rich Singaporeans .  Eg Cars were going at a good discount in April -June period .  I am not surprised .

Housing is the same too .the discount rate  was good too.

[3:00 pm, 16/09/2020] +: Same for me with wechat and line

[3:05 pm, 16/09/2020] +: ๐Ÿ˜†

[3:05 pm, 16/09/2020] +: This is how federal spending works in the US.

https://seekingalpha-com.cdn.ampproject.org/c/s/seekingalpha.com/amp/article/4372215-this-is-where-money-fueling-stock-market-is-coming-from

[3:07 pm, 16/09/2020] +: I hope people who are making money on the markets are selling their stocks before buying the houses and cars.

[3:08 pm, 16/09/2020] +: Spending like you are rich because you're portfolio is high is what causes economic depressions when it all goes pop.

[3:09 pm, 16/09/2020] +: Nowadays nobody can guarantee that they have life Long career or iron rice bowls !!! One don’t know when you going to lose your job ! Even Ministers can only guarantee that their appointment is only on 5 years renewal contract and will only continued provided they are next elected at the next election !     SQ PILOTS never ever dream that one day they are out of job !!!!

[3:11 pm, 16/09/2020] +: Yes

[3:11 pm, 16/09/2020] +: Agree

[3:37 pm, 16/09/2020] +: 27 new Covid-19 cases in Singapore, with 2 imported and 2 in the community

More: https://www.straitstimes.com/singapore/27-new-covid-19-cases-in-singapore-with-2-imported-and-2-in-the-community

[4:12 pm, 16/09/2020] +: Yes, I’m responding to Reach question about how we each can play our part. They’re not asking for policies or legislation. Just a generic question on we have our gatherings right now.

[4:15 pm, 16/09/2020] +: https://www.scmp.com/news/china/science/article/3101709/there-wont-be-enough-coronavirus-vaccines-return-normal-life?utm_source=telegram&utm_medium=email&utm_content=200916&utm_campaign=GME-O-enlz-tg-daily

[4:16 pm, 16/09/2020] +: Yes, mass spending can be easily done in a blink of an eye. But saving up is tedious and requires consistent perseverance over many years.

Those who always keep saying spend the reserves, spend the reserves sure never think enough.

[4:27 pm, 16/09/2020] +: Agree

[4:47 pm, 16/09/2020] +: Looking forward to your S$100 tourism voucher? Here are some experiences you may want to explore

More: https://www.channelnewsasia.com/news/singapore/singaporediscover-tourism-vouchers-where-to-go-what-to-do-13115872

[5:41 pm, 16/09/2020] +: Looking forward to your S$100 tourism voucher? Here are some experiences you may want to explore https://www.channelnewsasia.com/news/singapore/singaporediscovers-tourism-vouchers-where-to-go-what-to-do-13115872#.X2HdqbPYFP4.whatsapp

[5:41 pm, 16/09/2020] +: Quite steep the basic prices!

[5:56 pm, 16/09/2020] +: 21 stop work orders issued, 10 contractors to be charged over mosquito breeding at construction sites: NEA

Twenty-one stop work orders have been issued to construction sites for repeated mosquito breeding offences so far this year, as Singapore experiences a record-breaking dengue outbreak.

More: https://www.channelnewsasia.com/news/singapore/dengue-nea-stop-work-orders-construction-sites-13116770


[6:01 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

There are few ways to boost Economic Growth and improve our GDP :-

1. Trade - export and import (3 times our size of GDP)

2. Consumer Consumption and Spendings

3. Business Investment

4. Government Spendings


GDP = 1 + 2 + 3 + 4


Currently, overseas traveller consumer spendings is close to zero as overseas lockdown overseas travelling --- thus there is a need to reboot our tourism sector to boost consumer spendings.


Thus Government has activated 4. Government Spendings of $320 million to boost the tourism sector.

Singaporeans who use the $320 million will visit the tourist spots - and spend their private savings to buy food, drinks and souvenir - for their family - assume another $320 million.

So in total a business activities of $640 million is created.

As tourist business, F&B and souvenir retail earn profit - Government will received revenues as tax - eg. GST, tax on profit etc ---- amount unknown x dollars.

F&B, souvenir retail need to buy the raw materials, goods and ingredients from suppliers - it will generate the amount unknown y dollars.


So in total Government expenditure of $320 million - has created a multiplier effects through circular flow of income :-

GDP = $320 million + $320 million + x + y


So this toursim voucher achieve the "economic objective" of rebooting the tourism business sector (it is not a social objective).


[6:05 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

As the government money is spend within Singapore and not outside Singapore - there are no "leakage".

So all the money spend are well spend - as the economic activities generated created wealth for the business, jobs, salaries, profit and tax as government revenue.


YT

[6:11 pm, 16/09/2020] +: Something is not right if they only made $100bn in 20 years. Either they have paid their executives too much or they are not aggressive enough or savvy enough in investing and getting good returns.


[6:12 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Many funds that promise very good returns are usually scam.


[6:12 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Because economic output are not rocket - fund must commensurate with economic goods and services.


[6:14 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

There must have consumer demand - commensurate with supply. How can fund return grow phenomenally when world consumer demand and business supply don't grow that much?                                       

So be careful if a fund say 10% or more ---- they are usually scam or bubble..


[6:16 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Fund invest in where? Company growth and profit --- that produce goods and services. If company and profit cannot sell alot as world population demand increase by say 4% ---- then how can fund grow 10% or more?                       

Unless it is a scam.


[6:24 pm, 16/09/2020] +: 11 men fined over unlawful gathering in condo unit during Covid-19 circuit breaker period

An illegal get-together during the circuit breaker at the Eastbay condominium has cost 11 men a total of $25,200 in fines.

More: https://www.straitstimes.com/singapore/courts-crime/11-men-fined-over-unlawful-gathering-in-condo-unit-during-circuit-breaker

[6:25 pm, 16/09/2020] +: Suay sia these people, now many people already living life closer to normalcy and then they kena whack by the law hahaha


YT

[6:27 pm, 16/09/2020] +: They lack foresight to invest in growth areas and growth equities. The way I see it, it's always a catchup strategy. This seems good, let's buy into it. But hey, many others have already bought and made money. 

Imagine if they had gone into Google or Facebook or even Amazon at their IPO. Even a small investment of say $100m would have reaped a few hundred times in returns. 

Warren Buffett bought BYD for US$250m. The investment returned 500 times. Don't take my word for it. Read it here.

 https://fortune.com/2018/09/26/warren-buffett-berkshire-hathaway-byd-china-electric-cars/


[6:28 pm, 16/09/2020] +: BYD literally owns the e-bus market for those who don't know

[6:29 pm, 16/09/2020] +: $25,200 fine can pay for 252 people's tourism credit. ๐Ÿ˜Ž

[6:29 pm, 16/09/2020] +: Hahaha

[6:33 pm, 16/09/2020] +: Just need to find more of these people and fine them gao gao.

[6:34 pm, 16/09/2020] +: Don't need talk about co-pay hahaha even as gahmen gives out $$, some $$ goes back to gahmen ๐Ÿคญ


[6:35 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Temasek Holdings start with $77 billion in 1974.

2020 the values is now $306 billion.


Rama

[6:37 pm, 16/09/2020] +: 46 years of prudence.


[6:39 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Wonder how many have go bust?

Lehman brothers, mini bond,


Blue and White Flag Guy

[6:40 pm, 16/09/2020] +: In the automotive industry, Hertz was the latest victim but that's mostly due to mismanagement and poor planning for the future


YT

[6:45 pm, 16/09/2020] +: Of course there are many that have gone bust. What I am saying is that we lack people with vision. Unlike the founding fathers who were always one or two steps ahead of the world, we seem to now be playing catchup. Take for example cyber security. If our leaders had the foresight or vision to know that this will be in demand, then they would have trained the population 10 years ago. W would be ready now and leading the world instead of saying we are short of professionals in this area. We could be exporting our expertise by now if the leaders had the foresight to know what will be in demand.


[6:47 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Will you agree that Temasek Holdings that have grow its seed fund from $77 billion to $306 billion is a prudent and yet a good fund ?

Compare to many other Sovereign fund?


YT

[6:47 pm, 16/09/2020] +: I didn't say it's not a good fund. I am saying it could be better.


Rama

[6:48 pm, 16/09/2020] +: Finger pointing at best!

[6:48 pm, 16/09/2020] +: Yes


REACH

[6:51 pm, 16/09/2020] +: Dear Contributors!

⏰ We will be closing the chat in 10 minutes ⏰

Thank you very much for being part of our WhatsApp chat and participating actively.

Megan


[6:51 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Computer begin with mainframe, then evolve into client-server computing, then evolve into PCs, then evolve into LAN, then evolve into wireless LAN, then evolve into mobile smartphone, now into 5G, AI, IoT.

You say 10 years ago must have foresight to train cybersecurity.

10 years ago, don't have smartphone, 5G, IoT - then how to have foresight to train cybersecurity?


Blue and White Flag Guy

[6:53 pm, 16/09/2020] +: Or don't say 10 years lah, maybe 5, maybe 7 

The point is to have foresight


[6:53 pm, 16/09/2020] +: Agreed. For example, can most articulate what’s Sg  plans for economic competitiveness in the next 3-5-10 years? Which industry will we build or enhance to take a shot at being world class?


[6:53 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Then what is our next foresight to train 10 years down the road?


[6:53 pm, 16/09/2020] +: I think our leaders need to be bolder.

[6:54 pm, 16/09/2020] +: So far all I’m seeing is going around the same places circling around.

[6:54 pm, 16/09/2020] +: No wonder got Circle Line and Circles.Life ๐Ÿ˜‚


[6:55 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

How to migrate to next planet and live - because earth is going to be destroyed.

[6:55 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Foresight!


[6:55 pm, 16/09/2020] +: Based on your figure, the fund grew about 3% every year from 1974 to 2020. How much is inflation? Is this return good or prudent?

[6:55 pm, 16/09/2020] +: ๐Ÿคญ


[6:55 pm, 16/09/2020] +: Mai exaggerate lah this one not up to us

[6:56 pm, 16/09/2020] +: And have singapore to punch above our weight!


[6:56 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

Foresight mah.


[6:56 pm, 16/09/2020] +: You don't joker I tell u

[6:56 pm, 16/09/2020] +: 90% of waste will be reused in Singapore by 2030

[6:56 pm, 16/09/2020] +: That will be foresight

[6:57 pm, 16/09/2020] +: Vision

[6:57 pm, 16/09/2020] +: ๐Ÿ˜‚


[6:58 pm, 16/09/2020] ☸️  Danny ๅฟƒ: 

How to make universal things permanent and no demise.

Foresight!


Blue and White Flag Guy

[6:58 pm, 16/09/2020] +: Megan ah just close ah, no point talking liao ๐Ÿ˜‚

[6:59 pm, 16/09/2020] +: Lol


REACH

[6:59 pm, 16/09/2020] +: Hi REACH Contributors,

We will be closing the chat for today.

Thank you very much for being part of our WhatsApp chat and participating actively.

Good Night ๐Ÿ˜ด 

Megan ☺

+ changed this group's settings to allow only admins to send messages to this group.

+ changed the group description. Click to view.


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