Singaporeans would be receiving a whole year of cash, vouchers and rebates from the govt. Please say thank you. I got a feeling the GE is around the corner. A few billion from the reserves would be shared with adult Singaporeans. Not sure how much is this compares to the numerous of tax increases collected. Also not sure if these are enough to offset the inflating of prices of everything, especially the hawker food in food courts and hawker centres.
What do you think?
The good news is that the largese would be for Singaporeans only, not PRs or locals that are not Singaporeans. The bad news, many PRs or locals would want to become Singaporeans to dilute the population with more foreigners. Not sure if foreigners given citizenship effective today would also be entitled to the handouts that came from our reserves or from taxpayers' money.
Vote for more good years!
Good morning Mr RB and All
ReplyDeletePresidential Election on the way.
So is the GE because new PM inaugurated must have a new GE to show his mandate and supports.
If only we have the extra 1.8B as loaned to that Billionaire South Indian by DBS.
Cheers
6.5% official inflation is a sick joke. That is all I can say.
ReplyDeleteLawrence Wong thinks all singkies can be fooled with the 1 year of goodies, i.e. to vote for him and the rest of the pap buggers to remain in office for 5 years, when it should be 5 years of goodies upfront to singkies.
ReplyDelete
ReplyDeleteDPM Lawrence Wong is making Sin more messy and into a vicious cycle that will only get worse.
Period
Many of those who will receive the money are benefiting from the blood, sweat and tears sacrifices of true Singaporeans. Neither they nor their forbears have contributed a cent to the reserves. This is truly a windfall for them.
ReplyDeleteSuch handouts were given over the last few years. How many new citizens were given such handouts that were contributed by taxpayers?
ReplyDeleteDo these add up to $23,000 that we were supposed to get, as calculated by TPL?
ReplyDeleteWhat is her expertise? What is her qualification?
ReplyDeleteCheck who her husband is, his previous job experience and you should figure it out.
DeleteSame can be deduced with HoleeJinx. Lol
My estimate, I would get less than $2,000, maybe $3,000.
ReplyDelete
ReplyDeleteVote PAP
for more tokenism.
Cheers
ReplyDeleteHow wise
is the Designated Prime Minister
in his plan for the Budget?
Personally,
I feel he is making things more messy and aggravating the
Existing Vicious Cycle created by them in the Last Few Years.
If can get $23,000, I will vote for PAP.
ReplyDeleteThis is good news. At least the PRs won't get any of our hard earned money. I hope they extend this to add these new citizens who are pricing us out of our own country.
ReplyDeleteAnon 434 - if I can get $230, I will vote PAP.
ReplyDeleteAiyoh, Poster 1. You don't understand business. DBS money won't be given to the people. The DBS CEO is one damn smart bugger, probably the smartest banker in Singapore. I have confidence he will get back more than he loaned out (heh heh, except for my housing loan, just a bit more). In the meantime, my DBS share huat ah!
ReplyDeleteWow AMK LHL's Teck Ghee Constituency.
DeleteDBS monies definitely not for the people but as loans like Shylocks for a pound of flesh
So Sinkies housing loans are their kilos of flesh that be cooked in the case of unable to serve the mortgage.
What's he meany is that if this 1.8B is not write off as do not think it won't happen then Singaporeans may have an extra of maybe 1K in the Assurance Package as these monies also Tubby Sick's monies and also Singaporeans Monies.
Can loan one million times and makes their pound of flesh but one Big One and Kaput and lost all their flesh and bones and hair.
Many shadow Big time business are on some one monies to roll and and can roll down from Mountains into hell.
Never said never that you will fall.
DeleteTummy Sick also blindsided in FTX scams.
DeleteWelcome to the blog, Tampines Heartlander.
ReplyDeleteI think I have welcome James before. Welcome again James AMK.
Welcome to the blog, Unanimous.
ReplyDeletehttps://theindependent.sg/stop-gaslighting-people-and-stop-saying-500k-hdb-flats-are-affordable-writer-robin-low-on-hdb-issue-in-singapore/
ReplyDeleteall our learned sinkies will said budget is good (have not come across any sinkies that said budget is bad for last donkey years)..
ReplyDeletejust wondering whether this year budget include the upcoming ministers pay rise..haha
Virgo I not sure how you calculate $1k extra in Assurance package. Temasek owns 11% of DBS, which means even if total write off, their share of $1.8bn is about $200m. Singapore's population is 5m, so each person's share of any loss is $40, assuming the $1.8bn is a total write down which I doubt. DBS (also Lim Peh) is not stupid and Adani is not a loss making corporation. Most likely they will get back their loans in full with interest paid.
ReplyDeleteHello Southern Indian
DeleteAdani countrymen.
DBS share holder.
Too bad DBS Top Management Reshuffle. My nephew of ex DBS so called Vice President of a department also RTS liao.
That's is Roam The Street after nearly ten over years of Service.
More good years for DBS? Why out of the blue this interview of that AhDani's Loans?
Let's see?
For your info he's only early 40's.
DeleteLet's see how many Sinkies besides his RTS also going to RTS besides DBS this coming months.
https://www.channelnewsasia.com/singapore/google-layoffs-singapore-office-alphabet-3285876
DeleteAssurance package is for Singaporeans age 21 and above. Singaporean pop is about 3.3m. Above 21 would be about 75% of 3.3m, est 2.4m eligible for Assurance Package.
ReplyDeleteCalculate, calculate for what? If you thinks the garmen will give you the hole amount of DBS loan just because they did not lost it, you sibei tulan.
ReplyDeleteIs he going to be replaced by a foreigner?
ReplyDeleteNow clear the deck. Tomorrow said need more staff. Then recruit foreigners?
https://www.channelnewsasia.com/singapore/google-layoffs-singapore-office-alphabet-3285876
ReplyDeleteThis is just the tip of the Icebergs. More to come.
https://www.theedgesingapore.com/capital/right-timing/dbs-share-price-spooked-check-out-its-decade-long-trend
ReplyDelete