Angry Ah Lian blasting the govt for not returning the people's saving in the CPF and bringing in foreigners to replace PMETs, causing many Singaporeans to lose their jobs to foreigners.
How many angry Ah Lians and Ah Bengs, Alis and Muthus are out there feeling the pain of being unemployed or underemployed?
How many uncles and aunties are there crying for their CPF money?
Singapore really so rich, so much reserves but have to hold on to the people's life savings and creating all kinds of schemes to suck away this money?
Any moral issues on keeping the people's life savings from them? Think sure no legal or human rights issues as the law fraternity did not say anything.
What do you think?
29 comments:
They don't even hesitate about throwing senior Singaporeans under the bus to die to reopen the economy, or care about the livelihood of Singaporean PMETs when they signed India CECA for opportunities to invest in India, so why would they care about Singaporeans rightfully getting back their CPF savings?
MAS raised the slope of the SGD NEER slightly, the bandwidth and centre were unchanged. It said the appreciation path will help ensure price stability in the medium term while recognizing the risks. MAS expects core inflation at 1-2% next year and close to 2% in the medium term vs 0-1% for this year. The advance Q3 GDP was within expectations at 6.5% yoy (Bloomberg consensus: 6.6%) and Q2 was revised up to 15.2% vs 14.7% initially. USD-SGD lower by 40 pips to 1.3480 as most had expected a hawkish bias but no change to the slope.
Core inflation, which strips out costs of private transport and accommodation, will come in at the upper end of its 0%-1% estimate in 2021
Core inflation for 2022 will average 1%-2%
All-items inflation in 2021 will be around 2%, compared with earlier expectations of 1%-2%
All-items inflation in 2022 will average 1.5%-2.5%
Congratulations SG!
Singapore's economy grew 6.5 per cent year on year in the third quarter of 2021, easing from a jump seen in the previous quarter as a result of last year's low base.
SINGAPORE'S economy grew 6.5 per cent year on year in the third quarter of 2021, easing from a jump seen in the previous quarter as a result of last year's low base, according to advance estimates from the Ministry of Trade and Industry (MTI) on Thursday morning (Oct 14).
This was just a notch lower than the 6.6 per cent growth that private-sector economists had expected, according to a recent Reuters poll.
Q2 saw a 15.2 per cent jump, which has been revised from 14.7 per cent. This was due to low base effects, as the country during the same period last year was in the midst of a “circuit breaker”, or partial lockdown.
Sequentially, the economy expanded 0.8 per cent in Q3, improving from the 1.4 per cent contraction in the preceding quarter.
All industries saw growth in Q3, although momentum has eased from Q2.
The construction sector saw year-on-year growth surge 57.9 per cent, although this is far slower than the whopping 117.5 per cent expansion in Q2. Quarter on quarter, the sector's contraction slowed to 0.4 per cent in Q2, compared with 2.4 per cent in the previous quarter.
MTI noted that the value-added of the sector remained 25.1 per cent below its pre-Covid-19 level, as construction activity continued to be weighed down by the labour crunch and border restrictions.
The manufacturing sector grew 7.5 per cent year on year, easing from Q2's 18 per cent. Sequentially, the sector was flat in Q3, improving from the 2.1 per cent contraction in the preceding quarter.
Growth during this quarter was supported by output expansions in all clusters, other than the chemicals cluster, said MTI.
It added that the electronics and precision engineering clusters in particular continued to post strong growth, driven by sustained global demand for semiconductors and semiconductor equipment.
The services sector expanded 5.5 per cent year on year in Q3 on the whole, slowing from the previous quarter's 10.8 per cent. On a month-on-month basis, the service-producing industries grew 0.5 per cent, up from Q2's 0.3 per cent contraction.
Within the sector, the cluster of infocomm and communications, finance and insurance and professional services registered the best showing with a 7.7 per cent expansion, although this was moderated from the previous quarter's 10.1 per cent growth. Month on month, this cluster grew 1.2 per cent, down from the previous quarter's 2.3 per cent.
So what! Who are the ones benefited? Not the masses. Not the commoners, not the work force. The benefits go to the foreigners, foreign investors, foreign bosses, MNCs and the Government Investment Arms and Government coffers.
Anyway, the figures are unreliable. Who can verity them?
Those figures are meant to set for year end bonuses for the ministers, if I am not wrong.
there is seen this IB coming in keeping posting "feel good" news from mainstream media and site, if we want to "feel good" listening, we will have do ourselves, no need this IB to come in and feed fake news from government. Why give us mainstream news when we know it is manipulated ?
Many new job opportunities in tech, healthcare amid Covid-19
eople may have become sick with worry over their livelihoods since the Covid-19 pandemic started. But the outbreak has also created new opportunities in the healthcare and tech sectors, said Minister for Culture, Community and Youth Edwin Tong.
People have more opportunities today compared with previous generations, now that they have more exposure to the world, and it is more common to have multiple careers throughout their lives, he added.
Speaking at the Careers Unmasked event on Saturday (Oct 9), which connects job seekers with industry leaders in the tech and public sectors, Mr Tong said: "As we look at how industries and businesses transform themselves, it's a good time to recognise how these adjustments have affected the job landscape."
For instance, there is a greater demand for social workers to improve the well-being of Singaporeans amid the pandemic. Job seekers can also look for wider opportunities even in traditional sectors - becoming a user interface (UI) designer in a bank, for instance.
Said Mr Tong: "I hope you walk away from this session with more confidence, knowledge and feel more equipped to make informed decisions (about your career)."
The four speakers at the event were Mr Tong, who is also deputy chairman of the People's Association; Mr Otavio Calixto, managing director of foodpanda Singapore; Ms Charmain Tan, founder of digital marketing company QuickDesk; and Mr Darryl Long, managing director of gaming giant Ubisoft Singapore.
Organised by the North East Community Development Council, the three-hour event was held at Suntec Singapore Convention and Exhibition Centre, with 250 participants attending in-person and virtually.
Mr Tong shared about the transformation of public service careers, urging young people to pick up skills such as data science and security.
Mr Calixto and Ms Tan provided insights about issues such as product-market fit and soft skills needed to thrive in a start-up environment.
Mr Long debunked the myth that one needs to be a programmer to work in a gaming company.
At the end of the event, all participants received a free online profiling assessment tool to help them identify their transferable skills.
Mayor of North East District Desmond Choo said: "Certainly, with Covid-19 safe management measures in place, the traditional format of doing job fairs has to change quite a bit.
"We believe that with this kind of (hybrid) format, we are able to still continue the important work of helping people get the career of their choice but, at the same time, do it safely."
Singapore Polytechnic final-year student Dylan Zeng, who was one of 50 in-person participants, said he gained valuable insights which he will tap to run his freelance talent matching platform Glance.sg
After Saturday's event, which was the first career event he attended in person since the pandemic began last year, he plans to connect with the speakers via LinkedIn.
Mr Zeng, 20, said: "When you see the speakers in real life, you can engage with them and perhaps they may even remember your face. Whereas on Zoom, you may not be able to get noticed so easily."
Forum: 6 in 10 found jobs within 6 months with coaching
We refer to Mr Rajkrish Kumaran's letter, "No success with job search after 2 years" (Oct 8).
We thank Mr Kumaran for his feedback on our services. One of our career coaches has been working with him since his referral to us in September.
Mr Kumaran had his first session with his career coach on Sept 14. In the two weeks following that session, his coach worked with him on his resume and guided him on expanding his job search.
He also sent Mr Kumaran's CV to some prospective employers, and suggested that Mr Kumaran attend a career workshop that may be helpful to him.
We thank Mr Kumaran for being open and receptive to his coach's suggestions. We also note his preference for more frequent interactions with his coach, which we are happy to facilitate.
Job-matching efforts by Workforce Singapore (WSG) and NTUC's Employment and Employability Institute (e2i) intensified last year, with 34,000 job seekers receiving customised career coaching, like what Mr Kumaran is undergoing. This was a 15 per cent increase over 2019.
On average, about six in 10 job seekers who received customised career coaching found jobs within six months, while others required more time.
WSG and e2i career coaches are committed to supporting their clients in their job search journey until they secure a job or no longer require employment assistance.
Our experience working with job seekers is that the job search process can be very challenging and frustrating for them at times.
We fully empathise with Mr Kumaran, and would encourage him to press on with career guidance and give his coach the chance to continue supporting him in this journey.
Redbean,
can you please remove this IB-like or whoever it is, because I think this joker intention is to post mainstream news to piss people off from coming to this site.
A lot of social workers jobs, a lot of food panda food delivery jobs, a lot of nursing jobs, a lot of drivers jobs, a lot of cleaning jobs. Not to worry about no jobs. Just lower your expectation Kumaran.
Why no good jobs like banking and finance, engineering, academics, scientific researchers, .... all taken up by foreigners?
OK will do. His intent and purpose are very clear.
More than a quarter of job vacancies in S'pore left unfilled for 6 months or more
More than one quarter of job vacancies here were left unfilled for six months or more, said Manpower Minister Tan See Leng on Tuesday (Oct 5), underscoring the challenges in matching jobseekers with suitable jobs as Singapore transforms its economy.
Despite efforts to retrain and upskill workers through numerous schemes, some 27 per cent of vacancies here were unfilled for six months or more, the latest available data from 2020 showed.
The ratio of job vacancies to unemployed persons reached a high of 1.63 in June 2021, said Dr Tan, noting that it represents "very very high job vacancies relative to unemployed persons".
But he said many of the openings were in the construction sector, where the shortage has been due to border measures to curb the spread of Covid-19.
With the labour market in a constant state of dynamic flux and creative tension, said Dr Tan, it would not be possible to match all job vacancies with jobseekers perfectly.
"But, if vacancies are accumulating and they are left unfilled, it also indicates that the labour market is having difficulty in accessing and finding the right talent for the vacancies," he added in response to MPs who had asked about how the Government is helping workers affected by structural changes like digital disruption.
Ms Hany Soh (Marsiling-Yew Tee GRC), Mr Yip Hon Weng (Yio Chu Kang) and Mr Liang Eng Hwa (Bukit Panjang) wanted to know just how successful career conversion and job matching efforts have been, especially those for mid-career workers in professional, managerial, executive and technical (PMET) roles.
Some 24 new SGUnited Jobs and Skills Centres have been set up in every HDB town, and human resources company Adecco has been appointed as a placement partner to help workers aged 40 and above, as well as those who have been unemployed for a long time and those with disabilities, said Dr Tan.
Close to 44,000 jobseekers found jobs through these services by Workforce Singapore (WSG) and the National Trades Union Congress (NTUC) Employment and Employability Institute (e2i).
In all, around 128,000 local jobseekers have been placed in jobs and skills opportunities as at end-July this year, with close to six in 10 placements going to mid-career PMET workers.
Dr Tan said WSG saw a large increase in placements through its career conversion programmes, which help workers retrain and switch to new jobs, with more than 14,000 locals supported.
But challenges to filling vacancies remain. For instance, some vacancies have taken longer to fill because the wage or working conditions are not attractive enough to jobseekers, said Dr Tan.
In these cases, businesses may need to redesign their work processes, job tasks and responsibilities or even review their strategy, he added.
The WSG is providing help under its Productivity Solutions Grant (PSG-JR), which was launched in December last year and provides support for companies to work with pre-approved job redesign consultants.
Some other job vacancies are persistently unfilled because the employer prefers "plug-and-play" workers who can jump right into the task.
What are the PMETs waiting for, a lot of construction jobs waiting for them. Don't be choosy. Your piece of paper cannot be eaten. If you don't take these jobs, the foreign workers would come back to take them. There is a long queue waiting to come in.
Your money, my money
My money, my money
Good times must be still good for some people, looking at all the rush to book travel slots on planes, ships and people rushing to go overseas.
The economy is expected to shoot up like a rocket with the reopening. Huat Ah!
Mainstream propaganda. Nothing new. Nothing to crow about. Only the stupidity cannot cure will believe.
Mainstream propaganda again and again. Psychological Warfare is going on to dull and confuse the public. Nothing new. Nothing to take home.
Farking propaganda again. KNNCCB!
RB, May you please delete all these spamming of mainstream propaganda news cut and paste plagiarism being practiced here. Cannot tahan already. Please, please, please.
The big rush to fly out are those rich people trying to escape from the madness that is now going on in Singapore.
Better to move out of Singapore before the madness becomes worst.
I have also booked flights to get my whole family out of Singapore. We don't want to be experimental tools of the idiotic Millionaire Mini-stirers.
Better be safe than to regret latter. Period.
Sinkpore has been colonised since long time ago.
Some of them are just being cynical.
Rb I also sibei tulan on cpf issue. But I am Even more tulan on Ceca issue. The cpf issue affects us but Ceca affects next generation.
Bro where u run road to? My friend has a house in china so he plan to run there
Any government that takes care of foreigners and neglects and disadvantages its own citizens is a traitor that does not deserve the support of the citizens any more
But......it had been shown that people will just kpkbsssssssss......come to voting.....pap!
Returning the CPF (or if you like to call it "Coffin Provident Fund"). Was told you can debate or talk till the cows come home, CPF won't be returned to u in full sum, but bit by bit until our last breathe !!!
The rich millionaire politicians don't need CPF for survival like us, ordinary folks ! By the time, they retire, they would have amassed million$$$ plus pensions, bonuses, etc. and what more ? Sigh !
It is criminal for the rich Millionaires in the Government and Government related entities and enterprises to make use of CPF savers' money by force of one-sided arbitrary rules and regulations, coercion, compulsion or turning a deaf ear in order to deprive the CPF contributors, members and savers of their own hard-earned, blood and sweat savings.
This is tantamount to daylight armed robbery!
No other countries in the world has ever done such an atrocious, despicable, horrible, terrible, unthinkable and totally unimaginable deed upon their own citizens.
Bring the case to UN and ICJ.
Anon 3:19 pm,
I am not going to run road.
I am just going away for a few months, to get out of the present mess in Singapore.
Have a good trip LIPS. And don't forget to keep posting or at least keep in touch while you are taking a break.
Cheers
Redbean
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