Good export data is showing Global Recovery is gaining speed for HUAT Big Big hah

[k1976]

https://www.channelnewsasia.com/sin...ore-august-11-straight-months-decline-3778276

SINGAPORE: Singapore's non-oil domestic exports (NODX) contracted for the 11th consecutive month in August, falling by 20.1 per cent, with both electronics and non-electronics seeing a decline.

The drop follows a revised 20.3 per cent decrease in July and a 15.7 per cent contraction in June. The August decline is worse than a Reuters poll forecast of a 15.8 per cent drop.

Integrated circuits (ICs), disk media products and PCs contributed the most to the decline, falling by 28.5 per cent, 30.6 per cent and 25.6 per cent respectively.

Non-electronic exports declined by 19.9 per cent in August, extending an 18.5 per cent drop in July.

The biggest declines were in structures of ships and boats, pharmaceuticals, and specialised machinery, falling by 97.7 per cent, 37.7 per cent and 25.5 per cent respectively.

NODX to the top markets as a whole declined in August, although NODX to Indonesia rose, said EnterpriseSG.

 

[k1976]

https://www.google.com.sg/amp/s/www...ney-at-the-problem-wont-solve-it-.html?espv=1

SINGAPORE — Almost two decades ago, Loh and her husband made a decision not to have children.

Today, 17 years later, the two of them are convinced they made the right choice.


"I may feel differently when I'm on my deathbed and have to die alone, but at the moment, the choice seems right to us," said the 46-year-old who works in the tech industry.

Loh, who did not want to give her full name, is not alone.

Singapore's birth rate hit a record low in 2022, after years of decline.

Live births last year plummeted by 7.9%, due to how expensive it is to live in Singapore, and the high cost of living continues to steer many away from expanding their family, analysts told CNBC.

 

[laksaboy]

Key exports? Maybe bring back this trade again.

 

[k1976]

Earlier this month, private sector economists cut their forecast for Singapore’s economic growth this year to 1 per cent, down from an earlier projection in June of 1.4 per cent.

Prime Minister Lee Hsien Loong said on Sep 7 that Singapore will not see a recession this year despite a sluggish economy, although uncertainty remains for 2024.

 

[laksaboy]

Live births last year plummeted by 7.9%, due to how expensive it is to live in Singapore, and the high cost of living continues to steer many away from expanding their family, analysts told CNBC.

It's not just the high costs... it's how this entire cuntry is being run.

And these days, young kids are getting accustomed to the 9-to-5 wage slave routine by being confined to their kindergarten or daycare. No more two hours of kindergarten then doing whatever your please for the rest of the day: watch cartoons, play football, play at the playground, window shopping at the toy section of the department store etc.

Even primary school kids are leaving school mid-afternoon or when the sun is about to set. Once upon a time such 'privilege' would only be accorded to students punished with detention.

And a word of advice: children who have their childhood robbed tend to grow up to become maladjusted adults and basket cases.

Truly, a fucked up island.

 

[k1976]

The current gen degrade in quality, as most ate bring up by maids. Current social culture that encourage consumerism has resukted many young gen indulge in spending $$$$ even before they earn their first salary

It's not just the high costs... it's how this entire cuntry is being run.

And these days, young kids are getting accustomed to the 9-to-5 wage slave routine by being confined to their kindergarten or daycare. No more two hours of kindergarten then doing whatever your please for the rest of the day: watch cartoons, play football, play at the playground, window shopping at the toy section of the department store etc.

Even primary school kids are leaving school mid-afternoon or when the sun is about to set. Once upon a time such 'privilege' would only be accorded to students punished with detention.

And a word of advice: children who have their childhood robbed tend to grow up to become maladjusted adults and basket cases.

Truly, a fucked up island.

 

[k1976]

It's not just the high costs... it's how this entire cuntry is being run.

And these days, young kids are getting accustomed to the 9-to-5 wage slave routine by being confined to their kindergarten or daycare. No more two hours of kindergarten then doing whatever your please for the rest of the day: watch cartoons, play football, play at the playground, window shopping at the toy section of the department store etc.

Even primary school kids are leaving school mid-afternoon or when the sun is about to set. Once upon a time such 'privilege' would only be accorded to students punished with detention.

And a word of advice: children who have their childhood robbed tend to grow up to become maladjusted adults and basket cases.

Truly, a fucked up island.

Keep powder dry and focus on huat big big ahead

 

[k1976]

https://www.thestar.com.my/news/nat...ia-china-sign-three-mous-worth-nearly-rm20bil

Cik Anwar has managed to aecure the much needed Huat Big Big funds... Clear sky ahead... Ready to Heng Ong Huat lah

 

[k1976]

The first MOU, worth RM15bil, was inked between Citaglobal Bhd and Shanghai Sus Environment on exploring the potential collaboration for developing waste to energy power plants primarily in Malaysia.



ALSO READ: M'sia recorded RM132.6bil in approved investments for first half of 2023, says Tengku Zafrul

The second MOU worth RM2.34bil was signed between PM Access World and Beibu Gulf International Port Group, which will be on warehousing and logistics cooperation between the two companies in supporting the New International Land-Sea Trade Corridor to promote economic and trade cooperation between Guangxi and Malaysia.


The last MOU, worth RM2.5bil, was inked between Sime Darby Oils International Limited and Guangxi Beibu Gulf Port Group to build a trading and distribution centre for refined palm oil and shortening in Qinzhou, with an estimated annual transaction volume of 500,000 tonnes.

 

[k1976]

https://www.cnbc.com/2023/09/18/bid...as-geopolitical-alliances-fragment-globe.html


New changes coming.... Land based trade will become huat big big again

• This Biden-led initiative will comprise of two separate corridors, the east corridor connecting India to the Middle East and the northern corridor connecting the Middle East to Europe.
• It will include a railway that will supplement existing cross-border maritime and road transport routes between India, the UAE, Saudi Arabia, Jordan, Israel, and Europe.
• “This is a big deal. This is a real big deal,” U.S. President Joe Biden said in Delhi at the launch.

 

[k1976]

This Biden-led initiative will comprise of two separate corridors, the east corridor connecting India to the Middle East and the northern corridor connecting the Middle East to Europe. It will include a railway that will supplement existing cross-border maritime and road transport routes between India, the UAE, Saudi Arabia, Jordan, Israel, and Europe.

“This is a big deal. This is a real big deal,” Biden said in Delhi at the launch.

Biden also announced a partnership with the European Union in a new greenfield rail line expansion to develop the Lobito Corridor connecting the southern part of the Democratic Republic of the Congo and northwestern Zambia to regional and global trade markets via the port of Lobito in Angola.

 

[k1976]

According to New York-based consultancy Rhodium Group, about $78.5 billion of loans issued by Chinese institutions to fund infrastructure projects around the world were renegotiated or written off between 2020 and the end of March this year.

The International Monetary Fund and the World Bank have been involved in some of these negotiations, pointing to a marginal shift to China’s willingness to involve multilateral banks in debt restructuring negotiations.

“25% of debt of emerging markets is treading in distressed territory,” IMF’s Managing Director Kristalina Georgieva told CNBC on the sidelines of the Delhi G20 leaders’ summit.