Silent Depression in Singapore

[jsctan]

Some ministers got a discount rental for GCB.

& Oneself check oneself no conflicts of interest

 

[True Believer]

& Oneself check oneself no conflicts of interest

That is why Goh CT wanted the PAP to be its own check and balance; nobody to scrutinise their decisions. His son, Goh JH tried to be his own check and balance, but the watchdog didn't agree.

 

[jsctan]

That is why Goh CT wanted the PAP to be its own check and balance; nobody to scrutinise their decisions. His son, Goh JH tried to be his own check and balance, but the watchdog didn't agree.

That's why whatever laws & regulations set without checks in the end hit him once he out of the circle. People all nimbly with blank checks.

 

[Chase]

Record number of SMEs projected to fold in first quarter of 2025, including sole-proprietorships.

https://www.straitstimes.com/busine...-business-as-usual-says-sme-association-chief
https://www.straitstimes.com/busine...5-after-year-hunkering-down-on-transformation

Singapore SMEs face highest borrowing costs in 2024​

Singapore's small and medium-sized enterprises (SMEs) battled the highest borrowing costs in 2024, rising to 8.47% per annum, according to Linkflow Capital's survey.

SMEs also encountered tighter credit access as approvals for loans above $300,000 accounted for only 3% of approved loans in 2024, down from 10% in 2023.

Notably, approvals for loans exceeding $500,000 ceased entirely.

https://sbr.com.sg/financial-services/news/singapore-smes-face-highest-borrowing-costs-in-2024

 

[True Believer]

Singapore SMEs face highest borrowing costs in 2024. Singapore's small and medium-sized enterprises (SMEs) battled the highest borrowing costs in 2024, rising to 8.47% per annum, according to Linkflow Capital's survey. SMEs also encountered tighter credit access as approvals for loans above $300,000 accounted for only 3% of approved loans in 2024, down from 10% in 2023. Notably, approvals for loans exceeding $500,000 ceased entirely.

SMEs lack the financial muscle and economies of scale that MNCs possess. As such, they face far more stringent credit guidelines from banks to fuel their expansion. The EDB and Enterprise S'pore must assist by developing local private sector businesses to contribute to supply chains.

 

[jsctan]

SMEs lack the financial muscle and economies of scale that MNCs possess. As such, they face far more stringent credit guidelines from banks to fuel their expansion. The EDB and Enterprise S'pore must assist by developing local private sector businesses to contribute to supply chains.

SMEs are like the mom & pop provision shop. Kenna NTUC with taxpayers money kill all of them. Not only MNC can survive, the GLCs are killing any local entrepreneur with using people's resources. No need any loan & no accountability.

 

[True Believer]

SMEs are like the mom & pop provision shop. Kenna NTUC with taxpayers money kill all of them. Not only MNC can survive, the GLCs are killing any local entrepreneur with using people's resources. No need any loan & no accountability.

For S'pore to prosper in the long term, the push for export-led industrialisation through foreign investment will be tempered by developing local private sector businesses that can contribute to supply chains globally. There needs to be a viable alternative – with local companies at its core – to give us a competitive advantage in the global market. Too bad our govt spends more time trying to fix the Opposition than playing the role of facilitator by introducing a variety of schemes to help SMEs tap opportunities for expansion.

 

[k1976]

Except these estate managers are not CBF.

Rainmakers

 

[k1976]

COA will help to instill good discipline and motivate the Jiak Liao Bee Sinki at Tampines…Good job​

​

GE2025​

PAP’s David Neo says Singapore needs action-takers, not talkers; ‘army-like’ speech draws ridicule​

At a Fullerton rally on 28 April, PAP candidate for Tampines GRC David Neo delivered a military-style speech stressing that Singapore does not need more people who just question or suggest ideas, but those who “get things done”. Netizens mocked his tone, comparing it to a military drill, and criticised the dismissive rhetoric.

Published


on

30 April 2025
By

The Online Citizen

At the People’s Action Party (PAP) lunchtime rally held at Fullerton on 28 April 2025, newcomer and former Chief of Army, David Neo, delivered a speech that swiftly went viral for its forceful tone and controversial remarks.

Neo, who is standing as a candidate for Tampines GRC in the upcoming General Election (GE2025), adopted a commanding presence during his six-minute address, drawing clear parallels with his military background.

He opened with the phrase, “It’s a great day to be at Fullerton,” punctuating it with a sharp upward fist pump — a gesture that instantly drew comparisons to a parade-ground command.

Neo used his speech to emphasise the importance of execution over rhetoric.

“The only way I know how to work is to roll up my sleeves, walk with you, and work with you to get things done,” he said.

He positioned the PAP as a party of action, contrasting this with opposition parties whom he suggested lacked the ability to deliver.

“But can they get it done?” he asked.

“The fact is, they rely on the PAP to deal with the changed world. When the PAP is done, they say it’s because they talk.”

In his most widely circulated remark, Neo declared, “Singapore doesn’t need people who only question or give ideas. We need people who take action. We don’t need more people to talk. We need more people to get things done.”

A metaphor he used during the speech attracted particular attention:
“I go to bed and every morning, when I wake up, the sun rises. But I never make the mistake of thinking that the sun rises because I woke up.”

While intended to underscore the PAP’s role in governance, the analogy was quickly mocked by online users who saw it as grandiose and self-important.

David Neo, 47, brings with him a military background to the PAP team contesting in Tampines GRC, having served nearly 30 years in the Singapore Armed Forces (SAF).

He stepped down from his role as Chief of Army, with the rank of Major-General, on 21 March to join the party’s election campaign.

 

[True Believer]

David Neo, 47, brings with him a military background to the PAP team contesting in Tampines GRC, having served nearly 30 years in the Singapore Armed Forces (SAF).
He stepped down from his role as Chief of Army, with the rank of Major-General, on 21 March to join the party’s election campaign.

To the residents of Tampines, David Neo is a stranger. In fact, he is just 1 of the 32 strangers parachuted in for this GE by the PAP!