REACH 570 - What do you think about PM Wong's inauguration speech? What are your hopes for the new 4G leadership?
(SK)
16 May 2024 (10am - 7pm)
REACH
16/5/24, 9:46 am - +REACH: *Dear Contributors,*
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Megan π
16/5/24, 10:00 am - +REACH: π’ *Topic* π’
On Wednesday (May 15), Prime Minister Lawrence Wong was sworn in at the Istana in an outdoor ceremony attended by hundreds of invited guests. He replaced Mr Lee Hsien Loong, who led the country for 20 years and is now Senior Minister in his successor’s first Cabinet line-up.
In his maiden address as the head of government, PM Wong spoke about how he and his team would "lead in our own way", in a style different from that of previous generations. He also urged Singaporeans to work with him in building a Singapore where everyone - regardless of their start points in life, age or ability - matters.
π¬ *What do you think about PM Wong's inauguration speech? What are your hopes for the new 4G leadership?*
π *Leading in a different style*
Deeply ingrained with principles and values that forged the nation, Singapore's fourth generation of leaders will "lead in our own way" with a leadership style that is different from previous generations, said newly sworn-in PM Lawrence Wong.
PM Wong said his generation have been shaped by their experiences, having seen the vital importance of good leadership, political stability and long-term planning, and have also benefited from the imaginative policies of Singapore’s founding fathers.
He pledged to build on the foundations laid by the earlier generations, acknowledging that he and his team stood on “the shoulders of giants”, such as Singapore’s first prime minister Lee Kuan Yew and his team who led the country through independence and established the key pillars of governance; and second prime minister Goh Chok Tong and his team who took the country through the next lap, and nurtured a kinder and gentler society.
π *A refreshed Singapore dream*
In his maiden speech as Prime Minister, PM Lawrence Wong vowed to help Singaporeans realise a “refreshed Singapore dream” – one that he said was not defined by material success alone, but also offering meaning and purpose in careers and lives.
PM Wong said younger Singaporeans, in particular, made it clear through the 16-month Forward Singapore consultation exercise to forge a new social compact that they will work hard for their goals, but “do not wish to be trapped in an endless rat race of hyper-competition”.
“I am determined to help Singaporeans realise your dreams,” he said, “We will find new ways to be more productive and innovative, and achieve a better balance where work is purposeful, and life is meaningful."
PM Wong said his team will foster a fairer and more just and equal society, where seniors, the vulnerable and those with special needs will be looked after. Singaporeans, regardless of their start points in life, age or ability, will be given the support to uplift themselves and lead fulfilling lives.
π *Building a Singapore that matters to all Singaporeans*
In his speech, PM Wong said that one of his key priorities is to identify and persuade younger Singaporeans, men and women in the 30s and 40s, to join his team, he said.
“Everyone will have a stake in our nation's progress. Everyone will play a key role in shaping our future," he said.
“Let us unite with common purpose and shared resolve. Let us take Singapore forward, together.”
“So I call out tonight to all my fellow citizens: Help me to provide Singaporeans with the government they deserve. Let us make a difference, and serve our nation together,” he said.
π https://str.sg/tpE4
π https://str.sg/k7nf
π https://www.channelnewsasia.com/singapore/we-will-lead-our-own-way-lawrence-wong-takes-office-fourth-prime-minister-singapore-4338016
π https://www.channelnewsasia.com/singapore/pm-lawrence-wong-first-speech-prime-minister-full-4338286
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16/5/24, 11:01 am - +REACH: *Dear Contributors*
We want to *HEAR MORE* from you!
π¬ *What do you think about PM Wong's inauguration speech? What are your hopes for the new 4G leadership?*
We have had good feedback from this group, and we hope that we can keep the discussion robust and active!
Megan π
16/5/24, 11:19 am - +Darius Lee: I refer to his comment that "We will find new ways to be more productive and innovative, and achieve a better balance where work is purposeful, and life is meaningful."
Given Singapore's challenges with total fertility rate, it would be good for PM Wong and team to rethink a range of issues relating to work-life balance and other family policies. Otherwise, Singapore's long-term sustainability (on economic, social and other levels) will be badly affected.
16/5/24, 12:04 pm - ☸️ Danny εΏ:
1. Watching the inauguration of the new PM Lawrence Wong and his Cabinet.
2. And listening to his speech, I feel that he is able to articulate our next lap and the future for our generation and beyond despite the formidable challenges ahead of us.
3. His vision is clear and attainable. And will be able to help us ride the waves in front of us.
4. Most importantly, his vision to rope in citizens to jointly define, work with us, solicit our feedback in major policies will make citizens reassure we have a say in nation buildings, a joint stake with the Government - a buy in already in place before policies are implemented.
5. Just hope that voters will cement this joint vision come the next General Election with the new PM and his Cabinet - and not handicap him. <This message was edited>
16/5/24, 12:37 pm - ☸️ Danny εΏ:
*Jobs, Competitiveness, Balance work and social life for population replacement*
1. This is a valid proposition because too much time lockup in work - neglect raising a fulfilling family though raise the income level of a family.
2. Too much emphasis on social life will mean lower income and lower standard of living - when costs of living, inflation is on the upward trajectory.
3. Hence innovation, productivity, creativeness, superior design and ways to deliver work, jobs, projects, ideas to help our business to be productive and profitable is the only way to go - in order to achieve a proper balance of work that bring good income and yet achieve balance of social life that facilitate raising a family and help procreation.
4. Wonder what innovation will it be to achieve this balancing act - thinking aloud, it will be:-
a. Digital Economy,
b. creative use of AI in schools, work and social life,
c. flexi work - hybrid of work in office and WFH (but must not let foreign remote workers replace our local people), I am however quite sceptical about 4 day work week - as feedback from many bosses lament that younger workers are not hungry and no fire in their eyes to deliver profit for the business - hence I support flexi work of WFH (to balance and social life) but also presence in office - to network with boss and colleagues (else boss will find workers are replaceable by cheaper and hungrier foreign remote workers - local workers no longer competitive).
Also local workers appearing in office will subject local business and boss to local/foreign quota.
Local workers especially young ones feel that they are aimless and lack guidance in their jobs.
Hence their office presence to work physically with the boss and colleagues will take care of their psychological and mental health.
16/5/24, 1:03 pm - ☸️ Danny εΏ:
5. Next what make our jobs competitive and not easily displaced by workers from foreign competition?
a. Digital Economy - whereby we have superior IT infrastructure - our local goods can be listed in website to sell our products and bring extra revenue from external economy beyond our small local market. Supported by our superior port hubs, air hubs and logistics delivery chain as well as financial hub - we can make our business and jobs competitive.
b. Exploitation of AI - AI, robots, drones, driverless autonomous system, automation - have make our local workers extremely productive and thankfully we are among the 1st mover in exploiting AI.
Hence, schools, IHL, work, business, Government, security, military etc must widen and deepen our use in AI to help us deliver our work and projects faster and better.
Education and training in AI and proliferating the use of AI become more and more important.
c. Local workers must creatively use our time to intersperse work at home and work in office - to ensure we are not replaceable by cheaper, hungrier foreign remote workers who can only work remotely in their foreign countries.
Our MOM local/foreign worker quota work to our advantage - how do we exploit them and deliver values to our bosses and business - and make them think twice of not displacing local workers and engage full time foreign remote workers?
Local workers must think creatively - when we go back to office, what values we can bring to our bosses and businesses?
i. Networking, physical camaraderie with our bosses and colleagues (but not ζ¦ι, apple polish), deep discussion with our bosses and colleagues to resolve issues in projects, draw on the board to provide, explain, clarify ideas, issues - that is difficult to do so via zoom, or video conferencing or teleconferencing.
ii. Meet up with clients, business partners, vendors etc together with your bosses to bring in sales, close projects or customer interaction to boost your boss business.
I am sure all these are the local workers value add - in which remote foreign workers cannot replace right?
If local workers don't know how to exploit your advantage or too lazy to do it in the name of balance work life - than we deserve to lose our competitiveness to remote foreign workers - for even more stringent local/foreign workers quota won't help us.
16/5/24, 1:10 pm - ☸️ Danny εΏ:
But I don't support 4 day work week.
Loss 1 productive work day for bosses and business - this one piss many bosses off - and specifically they say, younger workers no fire in their eyes, not hungry, one even say - you think we start business like εΌεε (do charity?) - our business need to survive and pay your salaries, rent and expenses - not to pay workers to "laypark".
In that case I prefer to hire foreign remote workers who are more hungry, got fire in their eyes, do more for less than local workers who only know want higher salary but more laypark.
5 day work week with flexi WFH and work in office - I support. <This message was edited>
16/5/24, 1:16 pm - +Rama: What exactly is Asian boss opinions on four day work week and wfm !?
16/5/24, 1:16 pm - ☸️ Danny εΏ:
Those I talk to - they quite piss off for 4 day work week.
Flexi work WFH and office - they can accommodate.. <This message was edited>
16/5/24, 1:18 pm - ☸️ Danny εΏ:
So far, I have not come across a boss that say I support 4 days work week.
16/5/24, 1:19 pm - +Rama: Expected so can government and policy change the mind set @?
16/5/24, 1:20 pm - ☸️ Danny εΏ:
Government can change, but bosses will drop off more local workers and employ more remote foreign workers.
Or they move their business to Johor.
That is the exact words some told me.
16/5/24, 1:21 pm - +Rama: I was expecting that!
16/5/24, 1:32 pm - +Thank You Woman: Hope he is some one with a big heart!
All Successful and gain Respect leaders are benevolent.
Please kindly relay this to him π
16/5/24, 1:39 pm - +~l or Smiley face: 16 May, 2024
"The Day Before And The Day After Tomorrow"
"Perspectives of time: The day before has shaped us, but we can't change it. The day after tomorrow is uncertain but we can prepare for it. Today is all we have and it's where we make choices that impact our tomorrow. We learned from the past, embrace the present, and look forward to the future with hope and resilience. Indeed, by learning from our experiences, we gained wisdom and insight from our past experiences. By making the most of our current circumstances to navigate challenges and uncertainties with confidence and determination.
Here, a brighter future for our SG and its people. This enabling mindset empowers us to grow, adapt, and thrive in an ever changing world. Keep shining, SG!"
-- anonymity
16/5/24, 1:49 pm - ☸️ Danny εΏ:
*Geopolitical tension*
_Global Economic Front_
1. Decoupling of trade, technologies, supply chain, threat of sanctions, currency exchange, reshoring, friend-shoring, near-shoring etc - are the real economic challenges we will be increasingly facing.
2. Our trade is 3 times our GDP - an important engine for our growth - now increasingly under pressure.
3. Our sovereign funds investment in many overseas countries are dependent on free flow trade, investment and free money movement - without the fear of sanctions, global economic stability, global political stability.
Hence navigating such formidable external challenges, buying ourselves insurance, not putting all eggs in one basket and ensure protection of all our overseas investment become increasingly important.
3 regional conflicts bother me:-
1. Will Ukraine war turn into a full blown Europe and Russia war - as NATO forces are tip toe drawing into the conflict?
This will impact our investment in Europe and trade.
How will the war stop without manifesting into something very big that trigger global economic impact?
2. Will China open a war front with Taiwan or Philippines - that will block $3 trillion trade route in Asia Pacific?
We also have tremendous investment and business in China, Taiwan and Philippines.
Our trade route in Asia Pacific is also tremendous.
3. Will Gaza war be resolved and stopped without escalating - blocking the Europe, middle east trade route, triggering racial and religious tension that have domestic impact over here?
There is some hope that the war could end at least in the middle term as the conflict area is small.
And the Arab states are willing to commit fund for reconstruction - if 2 states solution is implemented.
Not so simple, but there is a pathway for peace.
Hence it is important that for each 3 global calamity scenarios, we have committee to look at the best and worst scenarios - how to protect our investment, funds, business and trade - basically capital protection - and emerge unscathed or minimal collateral damages.
16/5/24, 2:11 pm - ☸️ Danny εΏ:
1. Concerning a small matter.
2. A person told me that he always have problem booking his driving lesson.
3. He told me that to book driving lesson - he must wait until 15th of every month 10pm. And only have 10 minutes to book. Else it will be quickly taken up as slots are limited.
4. He also told me that there is a time duration to book and complete the learning driving lesson - else his paper exam highway code validity will lapse and need to retake and pay another fees.
5. Yesterday 15th 10pm when he try to login to the webpage to book his driving lesson, the apps prevented him to login to book. 10 minutes later, all slots were taken up.
6. For 2 months, he has been unsuccessful in logging in to book his driving lessons and soon his provisional paper exam highway code will be expiring soon. He looks frustrated.
7. I say I don't have to go through to such hassle when I was learning driving and passing my driving exam last time.
8. How come nowadays youngsters have encounter so much difficulties booking their driving lessons?
Pse look into this problem to improve the process.
Can also extend the lapses of the highway code certificate validity?
The whole process is like a human induced pressure cooker - and roadblock thrown in.
If the website cannot login and the slots so limited, how to expect people to learn and take the test? <This message was edited>
16/5/24, 2:14 pm - +REACH: π’ *Topic* π’
16/5/24, 2:31 pm - +Rama: Hanky panky favouritism going on!?
16/5/24, 2:36 pm - +Ah Heng: “So I call out tonight to all my fellow citizens: Help me to provide Singaporeans with the government they deserve. Let us make a difference, and serve our nation together,” he said“So I call out tonight to all my fellow citizens: Help me to provide Singaporeans with the government they deserve. Let us make a difference, and serve our nation together,” he said. ->>>> first learnt how to listen and feel the grounds like the founding govt of this nation.....
16/5/24, 2:36 pm - +Ah Heng: smart in academics does not make you mind readers, validate the numbers and stat against real on the ground issue don't just take it at face values...
16/5/24, 2:37 pm - +Ah Heng: have more iron and clamp down deals which are NOT favourable to the nation andthe people
16/5/24, 2:37 pm - +Ah Heng: remember the govt is not Singapore and their decision affects is people directly
16/5/24, 2:37 pm - +Ah Heng: dun always keep jumping on bandwagon and bet the wrong gamble
16/5/24, 2:38 pm - +Ah Heng: technology is a double edge sword thus have to use it wisely to prevent getting badly cut
16/5/24, 2:39 pm - +Ah Heng: will be very happy to see how we can rise back to the golden age where people respect us Singaporeans but use Singapore as a land for gold diggers
16/5/24, 2:40 pm - +Ah Heng: for for now am very happy to see how education minister is make trips to the school to understand the grounds for the children
16/5/24, 2:40 pm - +Ah Heng: minister of health well pretty good trying to touch based with the ground
16/5/24, 2:41 pm - +Ah Heng: on the other hand connecting with the society does it also exposes them to too much socal media time and antics ?
16/5/24, 2:42 pm - +Ah Heng: agree with what was said last nite as any sane person will be able to see it is a different wave we riding now but does that means the old system and process will not work and need to revamp ? old chinese says eat salt more than eat rice go digest that. also without the old will we have what we see today (this shows the old works)
16/5/24, 2:42 pm - ☸️ Danny εΏ:
I don't think so.
More like they try to tighten the driving lessons with those limited facilities.
But overdo it.
Also the website is poorly design and not functioning well.
16/5/24, 2:43 pm - +Rama: Time frame for registration is pathetic!
16/5/24, 2:43 pm - +Ah Heng: also society mindset is werid now ... that if not address we will see more and more eggs mindset going around and infecting more .. those working will understand what i mean with the attitude and mindset of local, migrants workers nowadays
16/5/24, 2:44 pm - ☸️ Danny εΏ:
Sigh...
Alot of frustration when booking the driving lessons.
16/5/24, 4:03 pm - +REACH: π’ *Topic* π’
16/5/24, 4:03 pm - +~l or Smiley face: A new chapter for SG?
PM Wong's leadership renewal brings a new era for Singapore, with a focus on "leading in their own way", building on our foundational strengths, and fostering a fairer society. Further balancing inclusivity and participatory decision making to address diverse perspectives.
The importance of combining traditional wisdom with new innovative approaches, allowing for a convergence of experience and fresh perspectives. This fusion of energies will lead to meaningful progress and growth.
The caveat is crucial given the success of this convergence depends on the willingness and action of the doers, rather than just the thinkers. It's the implementers, the ones who put ideas into practice, who ultimately drive change and enable progress!
16/5/24, 4:37 pm - ☸️ Danny εΏ:
The most damaging scenario that I can think of - as I was watching 2 China nationals eating and talking:-
1. What happen if China decide to take on Taiwan militarily.
2. US decide to sanction China.
3. US force us not to trade, do business, invest, or have financial transactions with China - just like the pressure on us with Iran, nkorea and Russia.
4. Our trade and investment in China is huge, mammoth!
What should be our response?
Will we subject to secondary sanctions to our business that deal with China business?
The economic impact to us is tremendous.
I think we must have a contingency plan on this - if the inevitable erupted.
I hope this day won't arrive. <This message was edited>
16/5/24, 4:39 pm - +Rama: I like to think that we do have a contingency plan in place!?
16/5/24, 4:40 pm - ☸️ Danny εΏ:
This scenario is not a joke.
We have at least hundred of billions $ in trade and investment with China, HK.
16/5/24, 4:40 pm - +Rama: Agree!
16/5/24, 4:41 pm - +Frankie Wee: Not much to say new DPM Lawrence Wong. But all can said congratulations to new leader to be 5G. Hopefully he can lead us new pathway towards better governance and prosperity.
16/5/24, 4:41 pm - +Rama: Yes
16/5/24, 4:41 pm - +Frankie Wee: LHL is old pathway with his team 4G leader
16/5/24, 4:42 pm - +Nic Freehold: Impossible. So many reasons.
16/5/24, 4:42 pm - +Rama: Still!?
16/5/24, 4:43 pm - +Frankie Wee: Housing
CPF
Tax
Social
Cybersecurity
And economy
Political maker a little to change better or no change at all
16/5/24, 4:43 pm - +Nic Freehold: China had enough firepower and resources to take Taiwan whilst USA was mired in Vietnam war
16/5/24, 4:44 pm - ☸️ Danny εΏ:
"Malaysia to assess response to unilateral sanctions amid concern over Iran oil shipments" and Hamas funding.
https://www.channelnewsasia.com/asia/malaysia-assess-response-unilateral-sanctions-amid-concern-over-iran-oil-shipments-4320946#:~:text=Malaysia%20to%20assess%20response%20to%20unilateral%20sanctions%20amid%20concern%20over%20Iran%20oil%20shipments
16/5/24, 4:44 pm - +Frankie Wee: Biden order tariffs trade to increase US$15B
16/5/24, 4:44 pm - +Rama: Timing was right then but circumstances and quality of capability vastly improved!
16/5/24, 4:44 pm - ☸️ Danny εΏ:
"Malaysia rebuffs US on Iran oil sales, says it recognises only UN sanctions".
Singapore response not reported.
https://www.straitstimes.com/asia/se-asia/malaysia-rebuffs-us-on-iran-oil-sales-says-it-recognises-only-un-sanctions#:~:text=Malaysia%20rebuffs%20US%20on%20Iran%20oil%20sales%2C%20says%20it%20recognises%20only%20UN%20sanctions
16/5/24, 4:44 pm - +Frankie Wee: But China Xi unhappy will be zero then he want to deal Putin trooper sent over Ukraine attack
16/5/24, 4:45 pm - ☸️ Danny εΏ:
US forcing secondary sanctions on other countries are real.
16/5/24, 4:45 pm - +Frankie Wee: However china international incorrectly stated
16/5/24, 4:45 pm - +Rama: Right move
16/5/24, 4:46 pm - +Rama: Agree
16/5/24, 4:50 pm - +Nic Freehold: Why no one worried about Trump being reflected
16/5/24, 4:50 pm - +Nic Freehold: Or a coup by republicans
16/5/24, 4:51 pm - +Nic Freehold: Supreme Court are tilted MAGA
16/5/24, 4:51 pm - +Nic Freehold: Clarence thomas is proven to have unethical dealings
16/5/24, 4:51 pm - +Nic Freehold: USA going rogue is a bigger worry
16/5/24, 4:52 pm - +Nic Freehold: no PTSD?
16/5/24, 4:52 pm - +Nic Freehold: Re elected pardon me
16/5/24, 4:53 pm - ☸️ Danny εΏ:
https://www.bbc.co.uk/news/world-asia-india-68988190.amp
Chabahar Port: US says sanctions possible after India-Iran port deal.
16/5/24, 4:54 pm - +Frankie Wee: Confirmed
16/5/24, 5:02 pm - ☸️ Danny εΏ:
The solutions could be :-
1. US alliance business, tech, Swift finances, etc.
2. Non-US alliance business, tech, yuan or BRICS finances, etc.
So for business that deal with China business and non-US bloc - it must not have dealings with any US entities.
Eventually when US sanctions China if china invade Taiwan, business in group 2 can continue to deal with non-US and China entities.
This is the possible solutions I can think of.
Not sure whether feasible or not...
16/5/24, 5:04 pm - ☸️ Danny εΏ:
After all, our foreign affairs policy are guided by:-
1. Our national interest.
2. Friends with All. Enemies with None. Forge mutual benefits with Win-Win outcomes.
No countries in the world can fault us for our foreign affairs principles - if one day - international orders collapse. <This message was edited>
16/5/24, 5:09 pm - +Thank You Woman: What does Jo Teo have in her hand, she is sitting behind LHL in her hand? It Looks like a USB fan?
https://vt.tiktok.com/ZSYRUXPDy/
16/5/24, 5:10 pm - +Frankie Wee: Massage vibrate
16/5/24, 5:10 pm - +Rama: π³ππ€·♂️
16/5/24, 5:10 pm - +Frankie Wee: Or cooling fan
16/5/24, 5:11 pm - ☸️ Danny εΏ:
If this solution is feasible, then:-
1. We, the Country as a whole must try to restructure our business into 2 main groups.
2. 1 US alliance focus SBU.2 non-US alliance focus SBU.
3. That means our sovereign funds, our GLCs, our SMEs etc must break themselves into this 2 entities.
4. Cannot wait for the eventuality to arrive - then we gandang gabo and scramble to break into the 2 entities. By then it could be too late. <This message was edited>
16/5/24, 5:11 pm - +Thank You Woman: What is Josephine holding?
16/5/24, 5:11 pm - +Thank You Woman: So many people is watch as it “LIVE”
16/5/24, 5:13 pm - +REACH: Dear contributors,
Please be reminded to keep to the topic that is being discussed. We have had good feedback from this group, and we hope that we can keep the discussion robust and active!
Thank you.
Megan
16/5/24, 5:20 pm - +Thank You Woman: <Media omitted>
16/5/24, 5:20 pm - +Thank You Woman: <Media omitted>
16/5/24, 5:22 pm - +Thank You Woman: Being a PM there are so much and not forgetting the small little one.
16/5/24, 5:23 pm - +Thank You Woman: I was shocked that this aunty in her 60s didn’t even have a CHAS card.
16/5/24, 5:23 pm - +Thank You Woman: She’s literally illiterate
16/5/24, 5:23 pm - +Rama: Fallen through the cracks!?
16/5/24, 5:24 pm - +Rama: No visit from family Service center!?
16/5/24, 5:25 pm - +Thank You Woman: She was so worried about her eldest sister whom I got to know that was not working nor go school since born. So it tells me that she might Down syndrome I “assume”.
16/5/24, 5:26 pm - +Rama: π
16/5/24, 5:26 pm - +Thank You Woman: Her parents are no longer around
16/5/24, 5:26 pm - +Jimmy Chew: I think America doesn't mind a war now because they're strong. Later China will be too strong for them to do anything like Phillipines, Vietnam ana Singapore. China is too powerful to do anything. Need Big brother USA
16/5/24, 5:26 pm - +Thank You Woman: She’s so worried about her sister that she can’t focus on her work
16/5/24, 5:27 pm - +Rama: AIC/MSF should have been notified!
16/5/24, 5:27 pm - +Thank You Woman: It pains me as her eldest sister was admitted to Sengkang hospital and no MSW was activated.
16/5/24, 5:27 pm - +Thank You Woman: What is missing….
16/5/24, 5:28 pm - +Thank You Woman: They’re all illiterate can imagine how they struggle thinking about that it pains my heart
16/5/24, 5:29 pm - +Thank You Woman: Well, glad that Mdm Ng Ling Ling replied to me that someone will get in touch.
16/5/24, 5:29 pm - +Thank You Woman: It makes me start to pounder how many more are there…..
16/5/24, 5:30 pm - +Jimmy Chew: I know there was an outreach but have missed them.
16/5/24, 5:30 pm - +Thank You Woman: I also alert another non profit org Mummy Yummy as I used to volunteer to contact her too.
16/5/24, 5:30 pm - +Rama: Wonderful
16/5/24, 5:31 pm - +Jimmy Chew: I met a resident who needs help but refuses to seek it.
16/5/24, 5:31 pm - +Rama: π€·♂️
16/5/24, 5:31 pm - +Thank You Woman: What’s the underlying reason?
16/5/24, 5:32 pm - +Thank You Woman: I recall well sometimes back I myself was the one who needs help and I was told you think govt $$$ so easy to take lol ok grandfathers stories wrong management
16/5/24, 5:34 pm - ☸️ Danny εΏ:
The whole global situation is one that is:-
1. Uni-polar whereby US is the only dominant power (in Economy and military) - no one can challenge them.
2. Now it is turning multi-polar whereby China economy and military is close on par with US - which are making US uncomfortable - as China is stepping into every aspect of US previous footprint.
3. Hence now the decoupling, secondary sanctions, trade tariffs, alliances etc are designed to contain China's growth and influence.
This is not a pleasant scenario - because when the 2 elephants fight - we smaller countries get trampled.
Hence we got to navigate our way out skilfully - as the tussle for global supremacy get heated.
It will take many years for such multi-polar to settle down and accept one another - could be after a big knock or smaller successive knocks - before global situation settle down and we can breathe a sigh of relief. <This message was edited>
16/5/24, 5:51 pm - +Frankie Wee: Can I share anyone know about accrued interest?
When couple household fully paid they reached 65 years old retirement. But hdb lease expire 15 years will soon become zero value.
Accrued interest can allow use to purchase or retirement?
16/5/24, 6:00 pm - +REACH: π’ *Topic* π’
16/5/24, 6:07 pm - ☸️ Danny εΏ:
I think HDB is still working out the concept of VERs - voluntary enbloc to monetise the flats in which the lease is running up if I am not wrong.
I think still work in progress.
Because the money involves very huge.
They have to carefully study and work on it.
16/5/24, 6:33 pm - +Andy: I think many citizens including me, our main concern will be the cost of living keeps going up especially the past 1-2 years. Our pay didn't keep up with the increase π.
I know government has been helping with CDC vouchers, cash handouts etc but we still feel the heat all round. A family of 4 go to the foodcourt for a meal, easily add up to 30-40 dollars. Of course the family can cook, however the prices of the groceries also went up by folds.
Just take NTUC fairprice white bread for example as I always buy it. I started eating a few years ago for only 1.25 until now 1.95, but it shocked me when I bought it 20/12/23 it was 1.80 and again I bought it 28/12/23 it went up to 1.95 though is still the cheapest option amongst the other brands.
Also NTUC fairprice is supposed to be fair price but I'm surprised to see red strepsils selling at 5.50 and Hup Seng cream crackers 2.50 when is on sale as compared with my neighbour store which sells 3.70 for strepsils and 2.10 for Hup Seng.
This is only 2 products that I always buy, I think should have more things which may be higher price. Can NTUC fairprice do better than to moderate the prices?
16/5/24, 6:33 pm - +~l or Smiley face: "One wrong turn will result in three or more upturned and the rest shall be evolved into a world of warcraft!"
-- anonymity
SCS?
To prepare for potential conflicts, ASEAN and Singapore should diversify economic partnerships and reduce dependence on any single big nation. Strengthen regional cooperation and diplomacy through ASEAN/ASEAN + forums.. Upping the military capabilities and readiness, while avoiding provocative or uncalled for actions. Foster good relations with all nations, including China, the US, India, Indonesia & Malaysia and G30. Continuous open channels of engagement, dialogue and negotiations to resolve disputes peacefully. Further develop robust crisis management and conflict resolution mechanisms and promote regional stability through economic development and cooperation. Nothing is impossible, stay vigilant and adaptable, monitoring geopolitical developments closely. By taking these prudent and conventional wisdoms, ASEAN and Singapore can reduce the risk of being drawn into conflicts and promote continue peace and sustainable stability in the region.
16/5/24, 6:39 pm - +Thank You Woman: Now I wonder if the aunty know how to claim her CDC voucher will check in with her when I drop by the coffeeshop.
16/5/24, 6:40 pm - +Andy: The other concern will be ageing. How prepared and informed are we?
Will our CPF life enough to live or do we need to continue working till 70s or 80s?
Can our medisave able to pay for medishield and careshield premium as it'll be very expensive as we age further?
16/5/24, 6:45 pm - +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
16/5/24, 6:59 pm - +~l or Smiley face: <Media omitted>
16/5/24, 6:59 pm - +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
16/5/24, 6:59 pm - ~ REACH Singapore changed this group's settings to allow only admins to send messages to this group
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