REACH 462 - What are your views on the closure of the STC?
(SK)
07 Jun 2023 (10am - 7pm)
REACH
[9:45 am, 07/06/2023] +REACH: Dear Contributors,
Welcome back! π
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[10:01 am, 07/06/2023] +REACH: π’ Topic π’
It was recently announced that the Singapore Turf Club (STC) site in Kranji will be returned to the Government by March 2027 due to land constraints and the dwindling spectatorship at the track on race days. The site will be redeveloped and used by the Government for housing and other potential uses such as leisure and recreation.
The closure also marks the end of over 180 years of horse racing in Singapore and the final horse race meeting will take place in October 2024 for the 100th Grand Singapore Gold Cup.
π¬ What are your views on the closure of the STC?
πLand needs
Spanning about 120 hectares, the site’s redevelopment is in line with a broader plan to develop the northern region, including the redevelopment of Woodlands Checkpoint, enhancement of Woodlands Town under the Remaking Our Heartland programme and a masterplan for a high-tech agri-food cluster in Lim Chu Kang.
The Government will also take into consideration the needs and requirements of various equestrian entities that intend to continue operating in Singapore, including compatibility with other land uses being considered for the area.
π Retrenchment of STC employees
About 350 STC employees will be retrenched in phases, with the first phase starting in about 16 months. They will receive retrenchment packages as well as transition support, including counselling, job placement assistance, personal career guidance and skills training.
π Decline in spectatorship
Between 2010 and 2019, the average attendance per race day declined from 11,000 to 6,000 and fell even further to 2,900 when the racecourse reopened in April 2022. Thus, the turnover from races as a percentage of the total Tote Board turnover has also about halved.
πSupport for stakeholders
The Government will work with Tote Board, STC and other stakeholders, to ensure their respective needs are addressed during the transition period and to commemorate the heritage of STC and local horse racing.
Racehorse trainers and owners will receive support for horse maintenance and exportation and the exportation of the horses is expected to be completed by 2026, following the final race. For other tenant stakeholders, such as Singapore Turf Club tenants and livery horse owners, STC will continue its existing contractual obligations.
ππΌ https://www.straitstimes.com/singapore/s-pore-turf-club-to-close-racecourse-in-kranji-by-march-2027-to-make-way-for-housing-and-other-uses
ππΌ https://www.channelnewsasia.com/singapore/horse-racing-singapore-turf-club-close-kranji-site-redevelopment-housing-government-3539386
ππΌ https://www.straitstimes.com/singapore/350-s-pore-turf-club-workers-to-receive-support-leading-up-to-retrenchment-starting-oct-2024
ππΌ https://www.straitstimes.com/singapore/shock-sadness-and-anger-at-kranji-after-news-of-s-pore-turf-club-closure
ππΌ https://www.straitstimes.com/singapore/redevelopment-of-turf-club-will-support-plans-to-turn-woodlands-into-regional-hub-property-analysts
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[10:05 am, 07/06/2023] +Ah Heng: if the land is really required why not do it on the old turf club first
[10:05 am, 07/06/2023] +Ah Heng: horse racing might be linked to gambling by many but this is a sports which is of rich history
[10:08 am, 07/06/2023] +Ah Heng: is not any tom dick or harry games like the comments in social media it takes alot of study and knowledge to really to be in the game. In fact if want to put it in atas way, this is really a gentlemen game
[10:08 am, 07/06/2023] +Ah Heng: also why not govt release how much profit is being made from these per race?
[10:09 am, 07/06/2023] +Ah Heng: or even after these profit per race still not enuff for the kpi.....
[10:09 am, 07/06/2023] +Ah Heng: and also given our dwindling population number is there really a need to built more hdb?
[10:10 am, 07/06/2023] +Ah Heng: or shoudl i say built more boarding house for migrants white collar workers
[10:11 am, 07/06/2023] +Ah Heng: also if horse racing is to be killed make sure you do that to polo club also and also those leisure riding and maybe please killed horse riding sports (dun forget we were represented by our only Singapore lady in Olympic or some regional games)....
[10:12 am, 07/06/2023] +Frankie Wee: Singapore land not enough spare
[10:12 am, 07/06/2023] +Kenneth Lee WM: The process was executed very badly.
In the straitstimes, it was reported that not all the stakeholders were consulted. I would expect that all parties would be involved in the discussions to decide on the final closure date for such a major thing.
[10:12 am, 07/06/2023] +Ah Heng: if need to killed a sports i say why not kill our football team .... ever since dream team was gone ... have we ever get anything significant yet annually the budget for these so footballers o my god i rather give it to help the poor
[10:20 am, 07/06/2023] +Rama: Old turf club prime area
[10:21 am, 07/06/2023] +Rama: No more esquatron sports for Singapore
[10:21 am, 07/06/2023] +Rama: True
[10:21 am, 07/06/2023] +L: Football is inspiring for many kids and families - I go the local games and we in fact need more support for grass roots football. Horses are the for wealthy elite, like golf. Sure, there's a place for it in the world, but maybe not in Singapore.
[10:22 am, 07/06/2023] +Rama: Yes
[10:23 am, 07/06/2023] +Frankie Wee: In future Singapore will building home underground just like the same City Hall underpass with all air-con.
[10:24 am, 07/06/2023] +Rama: Believe already happens quietly for some time
[10:26 am, 07/06/2023] +Frankie Wee: https://coconuts.co/singapore/watch-singapores-distant-future-imagined-underground-city/
[10:30 am, 07/06/2023] +Rama: Agree
[10:31 am, 07/06/2023] +Rama: More imported singaporeans since our own birth rate still extremely low
[10:32 am, 07/06/2023] +Frankie Wee: Government welcome more foreigners to convert citizenship make them stay at least 5-10 years and working longer building economy
[10:33 am, 07/06/2023] +TD: This is really quite cock.
Like we really need the land to build another 4000 BTOs to sell to Malaysian PRs
[10:34 am, 07/06/2023] +Frankie Wee: Japan birth rate lowest level and
[10:34 am, 07/06/2023] +Ah Heng: in japan despite they have bigger land then us
[10:34 am, 07/06/2023] +Ah Heng: they tried as much to preserve their historical buildings and places
[10:34 am, 07/06/2023] +Frankie Wee: Every years period earthquakes hit
[10:34 am, 07/06/2023] +Ah Heng: it gives visitors a sense of real local feel
[10:35 am, 07/06/2023] +Ah Heng: if the govt thing remaking and listening to the youth of moving with times is correct
[10:35 am, 07/06/2023] +Smiley face: Depth Ratio and plot ratio, to build meaningful infrastructures in view of the impediment of the variations of the future of global climate.
Depth Ratio means the allowable deepness of underground development which can be charged as Depth Devrlopmental Tax (DDT) similar to the current LBC.
[10:35 am, 07/06/2023] +Ah Heng: let me share with all many tourist i fetch remark this .. singapore is nice but will only visit 1x
[10:35 am, 07/06/2023] +Frankie Wee: Excellent
[10:36 am, 07/06/2023] +Ah Heng: reason there is NO X FACTOR ... is shopping and shopping no culture feel unlike msia, hong kong, japan thailand
[10:36 am, 07/06/2023] +Ah Heng: is just another cosmo city ....even sentosa is crap ...
[10:36 am, 07/06/2023] +Smiley face: Finding ways to seek indirect taxes to fulfill many social burdens of our future!
Thanks, Frankie!
[10:37 am, 07/06/2023] +Frankie Wee: The future is near global warming earth maybe say wave heat, Covid-19 appear again and rising sea level
[10:38 am, 07/06/2023] +Ah Heng: no need global warming just ask big brother to stir more shit and nucelar will start dropping
[10:38 am, 07/06/2023] +Smiley face: "No Horse Run"
《沑ζθ·ι©¬》
[10:39 am, 07/06/2023] +Frankie Wee: We have to fight to live on the future maybe it’s like new age
[10:39 am, 07/06/2023] +Frankie Wee: Sure will happen but don’t know about it nuclear in Russia large
[10:39 am, 07/06/2023] +Rama: Artificial attraction only
[10:40 am, 07/06/2023] +Rama: Yes
[10:40 am, 07/06/2023] +Ah Heng: cos whatever we are doing had been seens thru and caught up by others ...
[10:41 am, 07/06/2023] +Ah Heng: we can no longer innovate .....
[10:41 am, 07/06/2023] +Rama: True
[10:41 am, 07/06/2023] +Frankie Wee: In Japan many house history abandoned $0 and sale other foreigner. Government find empty property tax over 20 years.
[10:42 am, 07/06/2023] +Ah Heng: many countries are feeding on tourism but what makes people want to come back to places like bangkok and japan over and over again that's what our STB needs to learnt and innovate please dun depend on chatGPT for answer
[10:42 am, 07/06/2023] +Rama: No novelty
[10:42 am, 07/06/2023] +Rama: Our tourism plans are pathetic
[10:43 am, 07/06/2023] +Ah Heng: also dun forget precovid days turf club used to hold many high profile races ... have they forget how many sub links industry profit from those events
[10:43 am, 07/06/2023] +Frankie Wee: But the sad day will gone everything is change
[10:44 am, 07/06/2023] +Smiley face: If SG wants to plan for more population growth; three things that are Food, Water, Energy! Follows by essential infrastructures etc
[10:44 am, 07/06/2023] +Ah Heng: just a statement ooo spectators drop so must killed that land ended 350 staff retrench (yeah no big deal to them but IS 350 FAMILIES!!!) and also what about the rich men investment in their beloved horses, the trainers who spend so much time to better their rides, partnership with the horses etc
[10:44 am, 07/06/2023] +Ah Heng: is as good as killing an miniature industry
[10:45 am, 07/06/2023] +Ah Heng: but like i mentioned lets see what is the fate of polo club ....
[10:45 am, 07/06/2023] +Ah Heng: and all horse related sports .....
[10:46 am, 07/06/2023] +Ah Heng: viewership drop hahahah really if compare to football i wonder which is worst and more disgraceful
[10:46 am, 07/06/2023] +SL: I guess a feasible study indicates the benefit of closing this place. Subset industry?
[10:46 am, 07/06/2023] +Ah Heng: at least our only lady ride who is mind we all is not physically enabled BROUGHT PRIDE TO THE COUNTRY a couple of times ......
[10:47 am, 07/06/2023] +Smiley face: Benefits? Costs?
[10:48 am, 07/06/2023] +Smiley face: Are there development plans for Turf City? The former turf club before it moved to Kranji?
[10:50 am, 07/06/2023] +SL: I think the technology for Wide view hologram projection for artificial weather is not yet developed?
[10:50 am, 07/06/2023] +Ah Heng: horse racing was a lesiure it does not gives much benefits but s spools does alot for charities
[10:50 am, 07/06/2023] +Ah Heng: the gut feel is .. is a golden egg land waiting for the right $$$ to be release for development ..
[10:51 am, 07/06/2023] +Ah Heng: if it is treated like any land it will have be long developed
[10:52 am, 07/06/2023] +Ah Heng: dun forget there could be many vvip stayind in the area that do not want the land to be develop just be it like this (o i forget is a play groudn for many white colloar family) they have what ruby school
[10:53 am, 07/06/2023] +Ah Heng: and whatever u have there
[10:54 am, 07/06/2023] +Rama: Yes
[10:54 am, 07/06/2023] +Ah Heng: and if anyone say good less people gamble .. wake up ... is oversea betting that is coming in like your football and gp races ..
[10:54 am, 07/06/2023] +Ah Heng: i think we have echo this soo many times in this channel
[10:54 am, 07/06/2023] +Rama: Increase payment for local legal gambling
[10:55 am, 07/06/2023] +Ah Heng: anyway my stand is ... sad to see a piece of history being closed by "moving with times" and so call hdb ......
[10:55 am, 07/06/2023] +Rama: Agree
[10:55 am, 07/06/2023] +Rama: Try and check URA website for long term development guide plans
[10:56 am, 07/06/2023] +Rama: A lot more of our history will go on soft copy in time to come
[10:58 am, 07/06/2023] +Rama: Our heritage is in text books and online!
[11:04 am, 07/06/2023] +KL: I thgt sg love to issue coins as heritage :)
[11:04 am, 07/06/2023] +KL: In fact these are passing the duty of M1 reserve to citizen or ppl
[11:05 am, 07/06/2023] +KL: So just take the coins as heritage ba
[11:05 am, 07/06/2023] +KL: Alt I also don’t agree but no choice right since announce
[11:06 am, 07/06/2023] +KL: Agree , but no choice . You should worry how many ppl will cross border to work once JB to sg mrt build up :)
[11:08 am, 07/06/2023] +KL: The impact confirm more than the 350 families
[11:08 am, 07/06/2023] +Ah Heng: What's there to worry when daily is about 300 to 500 already crossing and business love it .... Low wage compare to local
[11:09 am, 07/06/2023] +KL: Mrt can ferry 5000 hahaha
[11:09 am, 07/06/2023] +Ah Heng: Maybe more locals will be taxi and grab and deliveries the professional local talents
[11:10 am, 07/06/2023] +KL: We can stay at east coast.
[11:14 am, 07/06/2023] +Ah Heng: Why easy coast? Hahaha catch no ball
[11:16 am, 07/06/2023] +KL: East coast pavilion
[11:16 am, 07/06/2023] +KL: :))
[11:19 am, 07/06/2023] +Rama: East Coast Plan!,
[11:27 am, 07/06/2023] +SL: Horse owner can join racing tournament in world series. 350 staffs who willing to continue can be retrain and redeployed.
[11:30 am, 07/06/2023] +Rose M K Ho: As long as they build HDB, not divide the land up & sell to pte developers....
That wud be a great injustice to taking bk this land & not following thru their plan to take bk this land ! π
[11:33 am, 07/06/2023] +SL: Subject to detail planning?
[11:34 am, 07/06/2023] +SL: ?
[11:39 am, 07/06/2023] +Smiley face: Every million people increased, you need 1.5 hospitals with full specialised medicines, and how about schools, Intl schools and IHL, university at 20k grads.
[0:04 pm, 07/06/2023] +Rama: Dpm Hsk
[0:06 pm, 07/06/2023] +SL: I think the east cost plan is not related to the turf club. No news mentioned turf club relocating to the east cost.
[0:07 pm, 07/06/2023] +Rama: Tongue in cheek reference only
[0:16 pm, 07/06/2023] +Sam: Do bear in mind that we used to have 3 generation s staying together, now most elderly will not want to live with the daugther in law . So we do need to build more HDB, but smaller unit.
[0:17 pm, 07/06/2023] +Rama: Hong Kong style housing size
[0:17 pm, 07/06/2023] +Sam: 2 room flexi is good enough
[0:21 pm, 07/06/2023] +SL: Why do seniors not want to stay with children’s families? Is there any practical approach to encourage them to stay together? There will be higher social costs if seniors with families live alone.
[0:23 pm, 07/06/2023] +Rama: Lifestyle expectations amongst three generations living together too vast to be practical.
[0:25 pm, 07/06/2023] +Sam: Probably nowadays seniors are better off than last time, can afford to stay alone
[0:29 pm, 07/06/2023] +Rama: Not for the masses
[0:39 pm, 07/06/2023] +Frankie Wee: Probably school will have fresh graduates to get job as high SCI FI future create project AI. That have high development change and maybe make innovation HDB building redeveloping and road to use recycle projects.
Singapore future can reach 7-8m.
[0:40 pm, 07/06/2023] +Frankie Wee: Time to study how to pass 3 generation part of family for next kin.
[0:43 pm, 07/06/2023] +Rama: Yes
[0:48 pm, 07/06/2023] +Rama: Former URA chief projects 10M!?
[0:49 pm, 07/06/2023] +Frankie Wee: Mean black and white paper project 10m population
[0:49 pm, 07/06/2023] +Rama: Yes
[0:50 pm, 07/06/2023] +Frankie Wee: It will take long way to reach development example mrt can’t over weight when too crowded
[0:53 pm, 07/06/2023] +Frankie Wee: What will happen if 10m living in Singapore this year? Maybe limit shortages foods, transportation and job. Is there enough productive capacity?
[0:56 pm, 07/06/2023] +Frankie Wee: If 100m in Singapore no room
[0:57 pm, 07/06/2023] +Rama: Don't think so
[0:57 pm, 07/06/2023] +Rama: Never will happen
[1:06 pm, 07/06/2023] ☸️ Danny εΏ:
1. Personally, horse racing is a form of gambling from colonial time.
It is a form of sport and also for punters to bet on the winning horse - a vice activity - whereby less and less people use it as reflected by the falling patronage and majority of the Singapore residents hardly use it.
2. Economically the revenue returns does not cover the expenses in running the horse racing operations - hence a losing business venture reflecting a sunset industry.
In any economic sense, business sense and opportunity cost, to ensure a viable economic return - the tote board will have to close the business.
Else taxpayers will have to foot the bill to keep the race course running by paying salaries to staff, maintain the horses - with dwindling customers that don't make economical sense.
Wonder anyone interested to pay more income tax or gst to keep this race course running?
I won't.
[1:13 pm, 07/06/2023] ☸️ Danny εΏ:
3. If the closure of this race course is not announced, many don't even remember that this race course exist.
Wonder anyone visit the race course as part of tourism spot?
I vaguely remember somewhere in Bukit Timah and then remember it shifted somewhere.
Only when this news announce, I realise it is near woodland.
Didn't know that it is a tourist spot - or it never is?
[1:27 pm, 07/06/2023] ☸️ Danny εΏ:
4. One thing for sure is, did not heard of foreign tourists book tour group to visit the horse race course, or am I misinformed?
5. Hence if the race course is no longer viable, then it should destined for closure.
6. I know of a rich tycoon in Malaysia who open 30 to 50 retail stores throughout Malaysia.
I ask him are all the retail stores profitable?
He told me many are but some are not.
He will give the store manager minimum 3 months and maximum 6 months to break even and then subsequently must be profitable.
He say I setup business, the purpose is to :-
a. Earn money for my family
b. Create employment and give jobs to people.
But if the manager and the staff cannot make it profitable, he cannot let the store pull down the rest to subsidize them - as he can't be doing charity and bankrupt everyone.
To me I say he make sense, because compassion cannot be misplaced.
[1:27 pm, 07/06/2023] +Smiley face: "two person world, back to the starting points..."
(“δΈ€δΊΊδΈη，εε°θ΅·ηΉ……”)
[1:29 pm, 07/06/2023] +Smiley face: What if?
[1:29 pm, 07/06/2023] +Smiley face: Never says never...
[1:30 pm, 07/06/2023] +Smiley face: If there was a paper written, there will be possibilities...?
[1:30 pm, 07/06/2023] ☸️ Danny εΏ:
1. As for the 500 staff, government will need to retrain them to ensure they acquire new skillsets - train and placement - and get a good job to feed themselves and their families.
[1:30 pm, 07/06/2023] +Smiley face: Benefits?
[1:32 pm, 07/06/2023] +Smiley face: How about retrain these 350 or less staff to digital horse racing fixtures and operations... overseas races via digital platform which is already happening!
[1:32 pm, 07/06/2023] +Smiley face: Thinking out of the building than out of the box?
[1:33 pm, 07/06/2023] ☸️ Danny εΏ:
Why promote gambling and vice activity - when they can be retrained to do something more useful?
[1:33 pm, 07/06/2023] +Smiley face: Yes, ...
[1:34 pm, 07/06/2023] +Smiley face: Not all staff, a handful and older staff, just in case cannot find matching new jobs or refusing reskilling? Handful
[1:35 pm, 07/06/2023] +Smiley face: Younger age staff are more adaptable to change
[1:35 pm, 07/06/2023] +Smiley face: Good idea, Sam!
[1:36 pm, 07/06/2023] +Smiley face: A bit tight and small...
[1:38 pm, 07/06/2023] +SL: Will the bonding among families be weakened and affect self-reliance when in need?
[1:52 pm, 07/06/2023] +SL: The Polo club has its own venue @ mount pleasant. Very hard to think of a turf club to become a tourist attraction. 350 staffs can be relocated after retraining if they chose not to retire.
[1:53 pm, 07/06/2023] +Smiley face: What if the mindset of people has changed over time? From what sources do these changes to behavior?
Demography, Psychography and sociography changes!
[1:53 pm, 07/06/2023] ☸️ Danny εΏ:
1. As for population load, an economy must have sufficient workers, younger generations - in order to sustain the economy and ensure business, investors continue to be rooted into Singapore:-
a. Singapore will be facing a boomers elderly whereby those born in 1970 and older - will make up of 300,000 or more elderly.
b. Singapore birth rate are falling in fact about 1.2 - unable to replace the population of 2 - 1 father, 1 mother.
c. Hence, as we are unable to replace our population, we will have to depend on migrants that can immerse into our culture and be part of us as new citizens.
d. Else we won't be able to find enough workers to run business, do jobs, keep investors coming to invest and make our economy running and prosperous.
Else we won't have enough soldiers, police, home team to protect our country, our people.
Else we won't have enough young people to take care of the elderly.
Else our business, retail, f&b etc has no large enough domestic economy and population to sell to - and our people become poorer.
e. Having the right population load is essential to ensure our country can survive and thrive.
It is not a luxury.
[1:53 pm, 07/06/2023] +Smiley face: TFR
[1:53 pm, 07/06/2023] ☸️ Danny εΏ: Exactly.
[1:57 pm, 07/06/2023] +Smiley face: Receivers
[1:57 pm, 07/06/2023] +Smiley face: Receivers
[1:57 pm, 07/06/2023] +Smiley face: Contributors?
[1:58 pm, 07/06/2023] +SL: For professional horse trainer and support stuffs, RDA center, NEC and other stable can absorbed them right?
[1:58 pm, 07/06/2023] ☸️ Danny εΏ:
As for the increase SCC conservancy charges we got to pay $72 per year or $144 we got to pay for 2 years:-
The government give us a big turkey this year, but ask to pay back a small chicken drumstick.
Again the SCC conservancy got to operate based on economic principle of income versus expenses - a viable venture.
Else all the town council are in red - they will have to close shops - due to cost factors beyond their control.
[1:59 pm, 07/06/2023] +Smiley face: How about a Johore race course?
[2:00 pm, 07/06/2023] +Smiley face: 99 years lease
[2:01 pm, 07/06/2023] ☸️ Danny εΏ:
Also note, the increase in SCC are based on household - $72 additional per year.
For voucher we received, it is individual.
Eg. If a family have 4 persons who qualifies eg. Lately the col voucher, $500 x 4 = $2,000 versus $72 we got to fork out
Not even counting the $500 we received from SCC rebate.
Hence before we get emotional and get work up - we got to do the sum first.
[2:01 pm, 07/06/2023] +Smiley face: Including a Riding school and a Polo club...
Collaboration with the Sultanate of Johore.
[2:02 pm, 07/06/2023] +Smiley face: Then the existing Polo Club next to the old Police academy can be redeveloped into more HDB and PHIL flats too?
[2:06 pm, 07/06/2023] +REACH: π’ Topic π’
It was recently announced that the Singapore Turf Club (STC) site in Kranji will be returned to the Government by March 2027 due to land constraints and the dwindling spectatorship at the track on race days. The site will be redeveloped and used by the Government for housing and other potential uses such as leisure and recreation.
The closure also marks the end of over 180 years of horse racing in Singapore and the final horse race meeting will take place in October 2024 for the 100th Grand Singapore Gold Cup.
π¬ What are your views on the closure of the STC?
πLand needs
Spanning about 120 hectares, the site’s redevelopment is in line with a broader plan to develop the northern region, including the redevelopment of Woodlands Checkpoint, enh…
[2:07 pm, 07/06/2023] ☸️ Danny εΏ:
Else we will easily get exploited by politicians who are power hungry but not competent to run our country.
At the end of the day, everyone suffer.
[2:09 pm, 07/06/2023] +Smiley face: 7 June, 2023
" The City of Shen (η³ε), during the late Qing dynasty, Shanghai (1644–1912) was one of China's principal trading ports. For the past 100 years of the economics development of Hong Kong Island and Kowloon and the larger perspective of Hong Kong - Shenzhen; all exemplified that population size, closer to the hinterland and port of calls matters to growth and relevance!...
- - anonymity
[2:13 pm, 07/06/2023] +Rama: No amount of reclaimed land can accommodate
[2:14 pm, 07/06/2023] +Smiley face: No more reclaiming but collaborating...thanks Andrew!
[2:14 pm, 07/06/2023] +SL: There are many types of mindset changing for a good and successful outcome. Mindset changes maybe affected by thoughts, social behaviors, families, experiences, religion, etc. If the right thing to do is to accept the behavior or cultural change. Society must be willing to accept the social cost, economic cost, and other impacts associated with the change. These type of changes take a long duration. There are sufficient time to react and cushion the impact.
[2:14 pm, 07/06/2023] +Rama: Rent other countries land!?
[2:15 pm, 07/06/2023] +Smiley face: All of it takes time to change... mindsets!
It can be up to a generation which is a 20 year span to "self correct" through social interventions or campaigns, policies and so on...
[2:16 pm, 07/06/2023] +Smiley face: You got it, my smart friend! Wow!
Thank you!
[2:16 pm, 07/06/2023] +Smiley face: One more step...?
[2:17 pm, 07/06/2023] +Smiley face: "The world is like a game of chess"
- - anonymity
[2:18 pm, 07/06/2023] +Smiley face: “A policy is a temporary creed liable to be changed, but while it holds good it has got to be pursued with apostolic zeal.” - - - Mahatma Gandhi
[2:18 pm, 07/06/2023] +Rama: π³π
[2:18 pm, 07/06/2023] +Smiley face: "Every twenty years there will always be transformation (change) of tangibles and/or intangibles, something would happen...this coming transformation is about shortening the work time or restructuring the process or downsizing the workforce in order to achieve a leaner and more profitable outcome for businesses who embrace these digits (AI) and new ways in the making...!"
- - anonymity
[2:19 pm, 07/06/2023] +Smiley face: "We have no lasting friends, no lasting enemies, only lasting interests..."
- - Winston Churchill
[2:20 pm, 07/06/2023] +Rama: Hopefully
[2:20 pm, 07/06/2023] ☸️ Danny εΏ:
S’pore to build nationwide network to protect banks, hospitals against future quantum threats.
This quantum computing is in fact our greatest threat to digitalisation.
It can crack all current encryption.
https://www.straitstimes.com/tech/s-pore-to-build-nationwide-network-to-protect-banks-hospitals-against-future-quantum-threats
[2:21 pm, 07/06/2023] +Smiley face: BENEFITS win it all...
Human nature towards greed!
[2:22 pm, 07/06/2023] +SL: Perhaps I would like to share : 2 aspects from an economic perspective (1) productivity growth => human + AI + robot
(2) economic activity => human (local + foreigner)
Item produced requires humans to buy and spend to complete the economic cycle.
[2:22 pm, 07/06/2023] +Smiley face: Strongly suggest to exclusively secure a bunch of internet undersea cables for sole use relating to our internal National Security protocols!
One way to secure cyber attacks!
[2:23 pm, 07/06/2023] +Rama: Yes
[2:28 pm, 07/06/2023] +Sam: Bonding? I think the main problem is the mindset change. Nowadays, if cannot live together, then split. That's divorce rate is so high. Elderly moving to their own place also a lot. Main reason is cannot get along.
[2:29 pm, 07/06/2023] +Smiley face: Please look deeper into two theorems...
Boyer-Moore
Knuth-Morris
These two sets of algorithms are worth deeper utilisation...
[2:30 pm, 07/06/2023] +Smiley face: Both are string theory
[2:31 pm, 07/06/2023] +Smiley face: Martin Rem (1988) solution
[2:32 pm, 07/06/2023] +Smiley face: Erik Meijer's Hylomorphism computation...
[2:33 pm, 07/06/2023] +Ah Heng: Even overseas people got wind of the news and express gonna miss it and a great lost to their circle
[2:34 pm, 07/06/2023] +Smiley face: Nob Yoshigahara, a puzzlist.. Rush Hour
[2:34 pm, 07/06/2023] +Ah Heng: And if those who claim is good cos one less vice please motion for casino to go ok......dun just talk for fun
[2:35 pm, 07/06/2023] ☸️ Danny εΏ:
Look like Singapore solutions to quantum computing to protect our current banks, military, home security, business and individuals - are on building a Telco grade quantum network to enwrap and encapsulate traditional IP network - through quantum encryption and key distribution.
A very smart approach.
Else every organisation will have to replace their traditional IP network with quantum computing and network.
A tremendous cost, plus we have to retrain all computer science engineers to become quantum computing engineers - a nightmare and a Hercules task.
[2:39 pm, 07/06/2023] ☸️ Danny εΏ:
Now, only the Telco engineers need to be retrained as quantum computing engineers - a more viable option.
[2:42 pm, 07/06/2023] ☸️ Danny εΏ:
In fact this approach to quantum computing, the 1st time I see and hear from Singapore.
Didn't read it anywhere from foreign news and science journal.
Kudos and good work to our digital scientists!
[2:49 pm, 07/06/2023] ☸️ Danny εΏ:
That means if our Telcos need to connect and communicate to another country that have not migrated into quantum network, than our Telcos will need gateway to convert quantum packets back into IP packets when going into another country network.
However if other country network is quantum ready, decapsulation will be done on foreign country Telco - and data will be safer.
[2:55 pm, 07/06/2023] +Ah Heng: Can someone validate this
[2:56 pm, 07/06/2023] +Ah Heng: If waste collection fee up, snc fees up, cpf take more cash, gst is in ...I wonder is it pushing the dog to jump the wall
[2:57 pm, 07/06/2023] +Ah Heng: Dun forget utilities bill are going up and down also where the down will hardly exceed the up in the end do we really get subsidized
[2:57 pm, 07/06/2023] +Ah Heng: Someone mentioned this the only time they dun take back a chicken I say I reserved to see
[2:58 pm, 07/06/2023] +Wilson Leong: Need to pay. As cost increase
[2:59 pm, 07/06/2023] +Rama: π³ππ€¦♂️π€·♂️π
[2:59 pm, 07/06/2023] +Rama: ππ‘
[2:59 pm, 07/06/2023] +Rama: Yup
[2:59 pm, 07/06/2023] +Ah Heng: All cost increased but when workers say our cost increased what we get ...o company not doing well retrenched
[3:00 pm, 07/06/2023] ☸️ Danny εΏ:
Individual home refuse collection no increase.
Last year, $9.
This year also $9.
The above is for hawker centre.
[3:02 pm, 07/06/2023] +Ah Heng: Thanks Danny now that explains cost will be pass onto customers haissss pity us
[3:06 pm, 07/06/2023] ☸️ Danny εΏ:
But even if Singapore use quantum computing and encryption to protect our bank network - people will still face the same risk of scam, phishing, malware download etc.
If we are not careful by releasing our user id, password, OTP or trick into downloading malware.
Quantum encryption and network cannot protect us from identity breach or theft.
[3:07 pm, 07/06/2023] +Rama: Good point
[3:23 pm, 07/06/2023] ☸️ Danny εΏ:
Interestingly, quantum computing don't come under the faculty of computer science.
It come under the faculty of physics.
And the domain of study is molecules, atoms and sub-atomic structure.
[3:24 pm, 07/06/2023] ☸️ Danny εΏ:
Then, this faculty should also teach nuclear fusion to generate electricity - a green energy.
An infinite source of energy.
And thermonuclear.
[3:29 pm, 07/06/2023] ☸️ Danny εΏ:
Same as NTU - is under the faculty of physics and engineering.
Not computer science.
[3:39 pm, 07/06/2023] +SL: race course in Malaysia works differently based on my understanding many years ago, they work closely with the authorised gambling company in Malaysia, and there are many horse owners.
[3:50 pm, 07/06/2023] ☸️ Danny εΏ:
And unlock the mystery of the creation of universe.
That start with quantum tunnelling.
[3:51 pm, 07/06/2023] +Joseph Yap: π¬ What are your views on the closure of the STC?
The closure for STC allows a better utilization of the land in Singapore. The low spectatorship does not justify the huge amount of land resources used. Similar considerations could be made for golf courses which serve a small group of users.
[3:51 pm, 07/06/2023] +Smiley face: Yes, it is about relationships. Only if the Turf, the Polo Club and the Riding school can all be "relocated" into Johore, it freed up lots of land for redevelopments.
How to benefit others and at our end benefitting our long term planning?
Thanks, SL for the historical perspectives of HR
[3:52 pm, 07/06/2023] +Smiley face: Singapore -Southern Johore Collaboration?
Purpose built affordable housings will cost a third of SG housing prices?
Agreements between Johore and Singapore to co-built affordable housings on a leasehold tenure of 99 years. And land for industrial uses collaboration with Johore and Federal government on key sectors from Food, Energy, Water, Automated Manufacturing to Digitech. Two ports that is Tuas and Malacca to facilitate import & export of raw materials and finished goods.
[3:53 pm, 07/06/2023] +SL: If the number is increasing and staying together with parents is no longer preferable, a 3gen hdb unit might no longer be necessary for the number. Also, if they cannot get along with their parents, will they continue to take care of their parents and support them with living and medical bills? More social support will be required for seniors.
[3:54 pm, 07/06/2023] +Smiley face: Analytics are showing a downsizing of family...
Married with one kid or remained single.
[3:56 pm, 07/06/2023] +Frankie Wee: New generation changed than old century
[3:57 pm, 07/06/2023] +Smiley face: An early indicator of things to come...
Watch how Private developers pitch and design their project...
Larger units or smaller units? How about the overall combination of these projects now and in the pipeline.
Look at how HDB positions itself against these private projects !
Aren't these relevant competitions at the microeconomics level?
Let's think deeper over the analytics of the changing demographics.
Thank you.
[3:57 pm, 07/06/2023] +Smiley face: Yes Sir!
Old making ways for the new and the changing circumstance!
[4:00 pm, 07/06/2023] +SL: A chain of Tuas and tanjong pelepas + pasir gudang + tanjong langsat port?
[4:02 pm, 07/06/2023] +Smiley face: Sounds good, importantly, our friends must have BENEFITS!
[4:02 pm, 07/06/2023] +SL: Malacca port current still lack of the ECRL to support
[4:03 pm, 07/06/2023] +Smiley face: China will make it happen, all because of the Straits of Malacca!
[4:03 pm, 07/06/2023] +REACH: π’ Topic π’
It was recently announced that the Singapore Turf Club (STC) site in Kranji will be returned to the Government by March 2027 due to land constraints and the dwindling spectatorship at the track on race days. The site will be redeveloped and used by the Government for housing and other potential uses such as leisure and recreation.
The closure also marks the end of over 180 years of horse racing in Singapore and the final horse race meeting will take place in October 2024 for the 100th Grand Singapore Gold Cup.
π¬ What are your views on the closure of the STC?
πLand needs
Spanning about 120 hectares, the site’s redevelopment is in line with a broader plan to develop the northern region, including the redevelopment of Woodlands Checkpoint, enh…
[4:06 pm, 07/06/2023] +SL: The railway in Malaysia is just a branch of the mega project from China connecting east to west. Not sure when it will be there. The core transport corridor of the railroad is currently focused on central Asia.
[4:07 pm, 07/06/2023] +Smiley face: Thailand will be the decider for this part of the OBOR...
[4:10 pm, 07/06/2023] +SL: The resident total fertility rate in 2022 dropped to 1.04 as compared to 1.12 in 2021.
[4:12 pm, 07/06/2023] +Smiley face: Urgent needs to find ways and means to 1.7!
[4:13 pm, 07/06/2023] +Smiley face: Replacement rates, TFA, more Contributors and than Receivers; all of these variables are the formula of a vibrant economy in the making.
[4:15 pm, 07/06/2023] +Smiley face: "The pinnacle and the end game is TALENT identification and classification."
- - anonymity
[4:19 pm, 07/06/2023] +SL: Not necessary, option (1) China laos Cambodia rail & port => destination port in tuas, pahang transit (2) china laos Cambodia rail => Singapore tuas port via Thailand and Malaysia land
(3) china Myanmar (muse kyaukphyu) rail & port => tuas port
[4:24 pm, 07/06/2023] +Smiley face: Connectivity, the key to economies of scale!
SG will benefit regardless when this one route connects from SG to China...it is a matter of time and timing.
[4:25 pm, 07/06/2023] +Smiley face: Devrlopmental economics
[4:26 pm, 07/06/2023] +SL: Not sure what can be done to manage the Underlying problem that families face in giving birth. Recent news reported Japan's birth rate hit a record low, and Japanese experts said their proposed measures did not really address the issue they face.
[4:28 pm, 07/06/2023] +Smiley face: The mindsets of FREE, FREE & EASE and FREEDOM from worries and anxieties!
Fear and anxiety simply referring to the FUTURE (aka unknowns)
That's the current mindset among the young ones!
[4:30 pm, 07/06/2023] +Smiley face: Watch the Japanese, there are good things to learn from them!
SG is also facing the challenges of ageing!
Similarly, we learned from the Japanese in the 1980s!
[4:32 pm, 07/06/2023] +Smiley face: SL, one essay in the writing,...will share with you soon....Japan in the 1980s (PM Nakasone era) and cross referencing into today, 2023 and onto 2050!
It will be an interesting essay, hope that you will enjoy reading it
Thank you m
[4:36 pm, 07/06/2023] +SL: Japanese culture is unique, in the past, migrants have language and cultural barriers, in some cases outright prejudices, according to reporting. If the Japanese change their mindset, I believe foreigners will migrate there, and Japan will growth like you pointed out.
[4:37 pm, 07/06/2023] +SL: Thanks for sharing, I will look for the article. π
[4:41 pm, 07/06/2023] +Smiley face: You're always welcome! We share uncommon knowledge!
Language is one barrier of entry!
Two, of uniqueness, the Japanese is an interesting one.... warlords to samurais and onto industrialisation and the secret societies!
A long line of history and lineage!
Hope to complete the smallest part of it, that's PM Nakasone policies that rhyme into today's Japanese foreign policies; the same old posture!
Three big lessons in this tiny part.
Soon to come, the essay... thanks SL!
[4:42 pm, 07/06/2023] +Smiley face: The Japanese are the king of productivity!
[4:42 pm, 07/06/2023] +Rama: No European nation!.?
[4:43 pm, 07/06/2023] +Smiley face: Try Germany and followed by the Italian... thanks Andrew!
[4:44 pm, 07/06/2023] +Smiley face: Quality is about PRIDE, WORKMANSHIP too!
[4:46 pm, 07/06/2023] +Rama: Swiss!?
[4:47 pm, 07/06/2023] +Smiley face: Yes Sir! Watches, Rolex, Patik and some military
[4:48 pm, 07/06/2023] +Smiley face: The Japanese learned analog movements from the Swiss...
[4:48 pm, 07/06/2023] +Smiley face: Innovate and do better and commercialise too!
[4:49 pm, 07/06/2023] +Smiley face: Just in time...JIT that made the world work harder!
[4:51 pm, 07/06/2023] +SL: It depends on which perspective. However, Japan is taking the current opportunity to become stronger.
[4:56 pm, 07/06/2023] +SL: The impact of Buffett's purchased stake in Itochu, Mitsubishi Corp., Mitsui & Co., Sumitomo Corp., and Marubeni Is yet to be clear. It needs 2 -3 months to see the outcome in money mkt.
[5:43 pm, 07/06/2023] +Smiley face: Japan-China
China-Russia
Japan-Russia
Three considerations and thereafter the circumstance of Japan, existential Threats and Opportunities!
Buffett read the history of Japan plus other sources...not convenient to express in writing!
[6:14 pm, 07/06/2023] +SL: Japan Korea , japan usa/canada, Japan Asean, Japan quad, and Japan brick, Japan uk, Japan five eye, may also consider important aspect.
[6:22 pm, 07/06/2023] +Smiley face: 5 eyes!
[6:23 pm, 07/06/2023] +Smiley face: Eyesore to some, though...
[6:26 pm, 07/06/2023] +Ah Heng: π
[6:28 pm, 07/06/2023] +SL: Powerful alliance
[6:31 pm, 07/06/2023] +Smiley face: Eight nations alliance (ε «ε½θε)...in olden days
[6:32 pm, 07/06/2023] +Rama: Just curious, what happened to the Non Alinged Movement!,
[6:40 pm, 07/06/2023] +Smiley face: "All the best, good luck too!"
A good question!
[6:42 pm, 07/06/2023] +SL: Fvev exist since ww2 to protect their national interest I think
[6:42 pm, 07/06/2023] +SL: Is it Hibranate?
[6:44 pm, 07/06/2023] +Smiley face: "either you are IN or you are OUT"
[6:44 pm, 07/06/2023] +Smiley face: Cyber war has started...
[6:45 pm, 07/06/2023] +SL: Now?
[6:45 pm, 07/06/2023] +REACH: Dear Contributors,
⏰ We will be closing the chat in 15 minutes ⏰
Thank you very much for being part of our WhatsApp chat and participating actively.
Goodnight!
Megan π
[6:46 pm, 07/06/2023] +Smiley face: Yes Sir! Big boys...not convenient to name them ALL!
[6:46 pm, 07/06/2023] +Smiley face: In all ventures or collaborations, there must be mutual benefits or no deal at all! Casting asides all past history of Malaya and be brave to engage your closest neighbour that is Malaysia!...
[6:47 pm, 07/06/2023] +Smiley face: ...It will enable beyond 10 millions population and thereafter be known as one of the world's newest Megacity; Perhaps, history is playing up and a New Singapore in the making and the rest is History!"
[6:49 pm, 07/06/2023] +Rama: π€·♂️
[6:52 pm, 07/06/2023] +Smiley face: Aka ...go to sleep!
[6:55 pm, 07/06/2023] +Smiley face: Climate change is here and now, says Desmond Lee; this is how Singapore is fighting back
https://www.straitstimes.com/singapore/climate-change-is-here-and-now-says-desmond-lee-this-is-how-singapore-is-fighting-back
[6:59 pm, 07/06/2023] +Smiley face: 7 June, 2023
To: Our Distinguished Leaders and All Honorable Members
Leadership & Legacy (ι’ε―ΌεδΈιδΊ§)
"The City of Shen (η³ε), during the late Qing dynasty, Shanghai (1644–1912) was one of China's principal trading ports. For the past 100 years of the economics development of Hong Kong Island and Kowloon and the larger perspective of Hong Kong - Shenzhen; all exemplified that population size, closer to the hinterland and a strategic port of calls matters to growth and relevance! In all ventures or collaborations, there must be mutual benefits or no deal at all! Casting asides all past history of Malaya and be brave to engage your closest neighbour that is Malaysia! Today, demography, sociography and psychography of everywhere are changing so too the behaviors of human and migrations are in the progress out of Europe and into Asia and within Asia into America or ASEAN; all for the sake of new livings and better livelihoods! Imagining what are the Aspirations for SG and the Legacies from our 4G and into 5G? It will enable beyond 10 millions population and thereafter be known as one of the world's newest Megacity; Perhaps, history is playing up and a New Singapore in the making and the rest is History!"
- - anonymity
Past Circumstances & Future Extensions:
Singapore -Southern Johore Collaboration?
Purpose built affordable housings will cost a third of SG housing prices?
Agreements between Johore and Singapore to co-built affordable housings on a leasehold tenure of 99 years. And land for industrial uses collaboration with Johore and Federal government on key sectors from Food, Energy, Water, Automated Manufacturing to Digitech. Two ports that is Tuas and Malacca to facilitate import & export of raw materials and finished goods.
Afterwords:
"Facts are facts: Are we lucky (or born lucky) having a government that has a golden hand in planning and implementation. And a responsible and consistent government that plans way ahead of the timeline into the possible unknowns and building scenarios after scenarios just to get things almost all correct (80/20 rule)! Stable policy making is another attribute of a successful nation versus another who often lost footing (topsy-turvy) on existential matters! Importantly, is Singapore a safe place to live in?"
- - anonymity
Legacy:
PM Lee Kuan Yew
The Creator of the form and order from scratch. A nation's builder from rural to a developed nation. (Creator)
PM Goh Chok Tong
Consultative approach in policies. Creator of our nation's Medisave into the CPF and for retirements. (Medisave)
PM Lee Hsien Loong
An inclusive society and welfare with medical subsidies for the Pioneer Generation (PG), and also the Merdeka Generation (MG) with medical subsidies. (Inclusive)
How about our 4G in the making?
Social compact and inequalities, in-depth engagements with citizens and stakeholders, managing uncertainties and unknowns, economics and financials turbulence, solving climate challenges, enables ageing, and transformations and Digitisations of the future SG.
(In the making)
- - in progress - -
[7:02 pm, 07/06/2023] +REACH: Dear Contributors,
We will be closing the chat for today.
Thank you very much for being part of our WhatsApp chat and participating actively.
Goodnight!
Megan π
====
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