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MFA: S'pore & India's semiconductor agreement boosts India industry, helps S'pore companies in India's market - 4 new MOUs signed

Indonesia’s middle class lament ‘worsening’ plight, as sharp drop in their population sets off economic alarm bell​

channelnewsasia.com4 hours ago

Indonesia’s middle class lament ‘worsening’ plight, as sharp drop in their population sets off economic alarm bell

Workers wait for a train home at a station in Jakarta, Indonesia. (Photo: CNA/Wisnu Agung Prasetyo)
JAKARTA: It has been four years since Mr Muhammad Yudhi last had a steady job. The 33-year-old motorcycle taxi driver used to work at a textile factory one hour east of Jakarta before he was laid off in 2020 due to an economic slowdown brought by the COVID-19 pandemic.
 
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US to Propose Bank Capital Rule Revisions as Soon as This Month​

  • Changes will center on operational-risk, capital allocation
  • Regulators dialed back plan after fierce backlash from banks


Jerome Powell

Jerome PowellPhotographer: Al Drago/Bloomberg
By Katanga Johnson
September 7, 2024 at 8:20 AM GMT+8
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The Federal Reserve and other regulators are poised to unveil sweeping changes to a slate of proposed capital rules for banks as they seek to overcome tough resistance from the industry, according to people familiar to the matter.

The revisions, which run up to 450 pages, may be unveiled as soon as Sept. 19 and would reshape key components of the US bank-capital regime known as Basel III Endgame, said the people, who asked not to be identified as the plans may change.
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Peaceful Trade is the lifeblood for all Civilization, as it uplift lives since the dawn of civilization...

While it may be true that Singaporean investors now have a better opportunity to invest in India for trade progress & prosperity, it would be UNWISE for the Singaporean investor to dream big FOOLISHLY. It is NOT gonna happen, as happened in Suzhou China, a lesson learnt.

India still has decades if not centuries to progress & evolve. The rich are richest & the poor the poorest. It is sadly their culture, born of racism thru the CASTE system even within their own kind & continued feudalism concepts - where the rich keep the poor as they are, with little opportunities offered, & thus crime & social disorder is rampant & the norm, where the strongest thru bullying others, survives.

India is a large country with huge population, & thus it is no easy task for a leader to manage without cutting corners on political, economic & social issues for even themselves to survive.

However, WE Singaporeans & our MFA can help India to progress, not by direct investments that would only put Singaporeans in danger, but with calculated risks:-

a)
INVEST instead with the Indians that work here, either as a talent or in semi-skilled jobs.

b)Research upon such individuals & SOURCE the best amongst them, there are Hundred thousands of them here - hard worker, honest, with a modicum of intelligence, with courage, etc after years of service here.

c)Then help them to achieve the common goals that all Humans aspire towards, give them a chance to prove themselves, & when found trustworthy, they will be the AGENTS OF CHANGE, to be sent back to India, to head investments plans - even as small as an aircon serving shop that is efficient, managed well even tackling bribery cases to hi-end Property & Banking services - as well as societal uplifting plans for all Indians, from whatever their caste as ALL are born equal.

For those whom are sent back to HEAD investment plans small or large, they are fellow Indians in closely knitted Indian society & would have the trust of fellow Indians, more so if they can bring hope to fellow country Humans.

Also, as a Singaporean partnership enterprise, they would have the PROTECTION by Singapore & India Head of States, signed with no less than 4 mou, for their enterprises, FAR more than what a foolish Singaporean citizen can achieve alone in that country...


d) It will take time & patience, perhaps a generation, but what is time when within a mere 50yrs, Singapore was transformed with mostly with little education & from a mere port serving only colonial interests but today had became a financial, services, port, etc, power house to everyone living in the region if not to our World?




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Let's see. All the sinkie semiconductor plant all move to India. Sinkie will be doomed.
 
Let's see. All the sinkie semiconductor plant all move to India. Sinkie will be doomed.

Humankind's progress & evolution does NOT lays in just semiconductors or robotics or AI alone. IBM made such a mistake in the 60s when they laff that a computer can be shrunk to a home computer unit & proven wrong....even a mere small watch has such abilities today.

Point is, NO Mortal has the ability to predict HOW FAR Humankind can progress & evolve when in peace with lives uplifted, thru the kind of industries, supply chains, services, etc needed for progress & evolution that would create FAR more jobs & opportunities for nations & people. There is MORE than meets the eye in evolution...

A promise was made eons ago...Humankind's manifest destiny lays in the stars....proven by Humanity's determination to reach the stars for centuries thru small & even painful steps, that did not deter the determined, but every aspect of such scientific knowledge gained in the process & its by-products, it led to our progress ...
 
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Not many Sinkies companies wanted to invest in India, except Temasick. The MOU is signed to splurge our C Pee F there, which eventually will never get to see the daylight to meet somone's gambling habbit. But I fear more Cecalanders will arrive in dozen plane load daily. Please stop your daughters, mother, niece, grandmother, grand grand mother from going out after 7. On the bright said, it is good news for your pinipina maid.
 
Let's see. All the sinkie semiconductor plant all move to India. Sinkie will be doomed.
YEedia must settle its water supply / reclaim management,a core team of skilled labour and electrical system first. Then, setup the chemical and material logistic.

No 10yrs, no talk
 
YEedia must settle its water supply / reclaim management,a core team of skilled labour and electrical system first. Then, setup the chemical and material logistic.

No 10yrs, no talk

Such huge infrastructures can only be built & maintained at public taxpayers cost by the govt thru central funding, but that's not gonna happen as India's politicians are good at politicking & lining their own pockets with such funds than to see such projects thru. Even a billionaire would not have the funds to build or maintain such huge infrastructures...

Thus an investor would have to think rationally & smaller scale to overcome obstacles to see profits.

A) Waste recycling & management systems.

1.India is a HUGE agrarian society. It's crops need fertilizers to continually rejuvenate its soil.
2.Set up mobile toilets for free within its cities, collect the wastes, then recycle them into fertilizers for sale to farmers & farming corporations. It is huge money to be made.


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1725737693412.png




B) Foldable Solar Panels.

1. Foldable solar panels are new tech, over the current heavy slab form panels which costs far more.

2. What one country can make, so too another, to create such foldable solar panels of various sizes - for homes & even camping trips. It would create jobs for many as India has no lack of engineers, also, it help supply electrical needs not just to cities, but even to farmlands.

High-Efficient-Foldable-Solar-Panel-Blanket-120W-Monocrystalline-ETFE-Folding-Charging-Kit-for-Travelling-Outdoor-Camping.webp


These industries are only the tip of what Singapore can do to help India progress. The insignificant nobody me am sure that there are many, many more industries, small or large scale that awaits India from well tutored Singaporean investors with our way of life.

Can eat, dont waste - India has a huge population of 1.4Billion citizens with needs....there is much wealth to be tapped, cautiously & to at least leave something in return to their society...
 
Uh oh, those Tiongs and jiuhu kias working at the Micron sweatshops will soon be replaced by CECAs. :biggrin:

md_micron1_10082022.jpg
 
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