PAP gives citizenship to foreigners,and declares that Sinkie PMET population goes through the roof.

[k1976]

• High wage growth has eroded companies’ pandemic cash reserves
• Reeves set for major speech on growth against bleak backdrop

By Irina Anghel
26 January 2025 at 2:00 PM SGT
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UK businesses have run down a mountain of cash reserves built up during the pandemic, leaving them more likely to cut jobs when Labour’s tax hikes come into effect in April.

Firms added over £150 billion ($185 billion) to their savings when the economy was placed under Covid restrictions, thanks to a mix of loans and large-scale public-sector support. Corporate coffers reached almost double the value of their quarterly wage bills, according to a Bloomberg analysis of official data.

 

[k1976]

New World Turmoil Rocks One of Hong Kong’s Richest Families​

• New World’s sale of K11 Art Mall has stalled, sources say
• The firm’s bonds plummeted due to a string of challenges

The K11 Musea shopping mall owned by New World Development.Photographer: Paul Yeung/Bloomberg
By Shawna Kwan, Shirley Zhao, Apple Ka Ying Li, and Filipe Pacheco
24 January 2025 at 7:00 AM SGT
Updated on
24 January 2025 at 11:51 PM SGT
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For decades, Hong Kong’s “big four” property dynasties have been viewed as cash-rich bastions of stability. A crisis of confidence at New World Development Co. is now putting that notion to the test.

In the span of a week, New World proposed pledging $15 billion of prized properties for loans, fended off debt restructuring concerns and saw its bond prices go into freefall. The developer has changed its chief executive officer twice in two months, including the surprise sidelining of a family scion.

 

[shock888]

PAP typical “messaging”. Wants you to “feel good”

 

[mojito]

Looong say we must guard against nativism. First u be cum natives. Next u be cum monkeys!

 

[k1976]

Singapore leaders congratulate India counterparts on its 76th Republic Day​

Singapore President Tharman Shanmugaratnam, his wife Jane Yumiko Ittogi, India's President Droupadi Murmu, and India's Prime Minister Narendra Modi during the ceremonial reception at the Rashtrapati Bhavan presidential palace in New Delhi,…see more


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26 Jan 2025 10:02AM (Updated: 26 Jan 2025 11:12AM)
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FAST
SINGAPORE: Singapore's President Tharman Shanmugaratnam and Prime Minister Lawrence Wong have written to their counterparts in India to convey their congratulations on the country's 76th Republic Day on Sunday (Jan 26).

In his letter to India's President Droupadi Murmu, Mr Tharman said Singapore-India relations have grown significantly "in depth and breadth over the years".

 

[k1976]

Aussie ‘Ang Moh’ Butcher Sets Up Stall At Toa Payoh Wet Market, Sells Handmade Sausages & Meatballs​

Sydney-born Adam Speering moved to Singapore with his family in 2015 — he tells 8days.sg why he set up a pasar butchery stall offering Australia-imported meat.

Yip Jieying
26 Jan 2025 at 15:00
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butchertoa payohWet Marketsausages

As a young boy living in Sydney, Adam Speering wanted to be a butcher when he grew up. ”I come from a family of butchers. My father was a butcher. After school I would always go help out at the butchery shops. I left school at 14 and have never done anything else; I have always wanted to be a butcher,” he recalled.

 

[k1976]

3of9

Moving from Australia to Singapore​

In 2015, they decided to pack their bags and move to Ann’s native Singapore when three of their kids started attending primary school. “We came here with just two suitcases, but we think it’s for the best. The rent in Sydney was very expensive, like $1,000 a week. And we can live near our family here. In Australia, we would need to travel over six hours to see Adam’s family. I would want my boys to serve NS here too, [the military life] will be good for them,” Ann pointed out.

Being in multicultural Singapore also meant that Adam and Ann’s kids could pick up other languages, and they are currently learning Chinese in school. Adam added: “The kids can get a good education here. In Australia, the parents are easygoing, and the students are more interested in things like sports. Sometimes my kids tell me they don’t want to do their homework and I’d be like, ‘Okay’. But my wife would say, ‘You must finish your homework!’ And that is good. Singapore is also very safe. In Sydney you’d have to be careful walking around at night.”