[Sg] - Straits Times journalist: PAP Lawrence Wong's Budget 2025 is way too generous to Singaporeans!

[UltimaOnline]

Straits Times journalist Vikram Khanna :

In more than 30 years of reporting on Singapore Budgets, I have never come across one as generous as Budget 2025, which Prime Minister and Finance Minister Lawrence Wong announced on Feb 18!

Something for everyone​

The support for individuals and households, which amounts to more than $3 billion, includes CDC vouchers, U-Save utilities rebates, climate vouchers, special SG60 vouchers, MediSave top-ups, cash payouts, culture passes, and personal income tax rebates, to cite a partial list, with some benefits coming through almost every month in 2025 from April.

https://www.straitstimes.com/opinion/budget-2025-a-bonanza-budget-with-no-pain-and-no-red-ink

 

[millim6868]

Another dog come out to brain wash sinkies,that it is alot,lol

 

[riceberry]

PAP dog talk cock

 

[sbfuncle]

View attachment 215284

Straits Times journalist Vikram Khanna :

In more than 30 years of reporting on Singapore Budgets, I have never come across one as generous as Budget 2025, which Prime Minister and Finance Minister Lawrence Wong announced on Feb 18!

Something for everyone​

The support for individuals and households, which amounts to more than $3 billion, includes CDC vouchers, U-Save utilities rebates, climate vouchers, special SG60 vouchers, MediSave top-ups, cash payouts, culture passes, and personal income tax rebates, to cite a partial list, with some benefits coming through almost every month in 2025 from April.

https://www.straitstimes.com/opinion/budget-2025-a-bonanza-budget-with-no-pain-and-no-red-ink

This is where and what ter nao people will get brain wash. And this is the whole idea why LW broke them up into many servings and setting limitation to almost every freebies.
Climate voucher, culture voucher and skillfuture credits are useless.
CDC vouchers are for household not individual.
Topup medisave but unable to use for medical.
Income tax rebate cap at $200.

Generally only people like me with nothing to lose will still get some bonus out of nowhere, whether i really need them doesn't matter.

For sinkies who really need it, st journalist can hor gau gan lor with such generous goodies.

 

[laksaboy]

Truly shameless, but this is the kind of country we live in.

 

[spinn]

lol gibe crumbs of crumpets to peasants

menswile save 6.4B from 2024 n 6.8B dis yr for ownself

 

[VanDick]

Another serious contender for joke of the year. Ownself praise ownself. Cringe to the max.

 

[k1976]

DBS CEO sees job cuts of 4,000 temp staff as AI replaces roles​

Bloomberg
Mon, 24 February 2025 at 5:24 PM SGT2-min read

DBS plans to cut around 4,000 of its contract and temporary staff workforce over the next three years. (Photo: Bloomberg)
By Chanyaporn Chanjaroen

(Bloomberg) – DBS Group plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out by human beings.

Southeast Asia’s largest lender has approximately 8,000 to 9,000 of such staff, according to Chief Executive Officer Piyush Gupta, replying to a query from Bloomberg News. He confirmed a Press Trust of India news agency report which said the bank will trim its workforce following further adoption of AI across its business.

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Permanent staff will not be affected, the outgoing CEO said. DBS, based in Singapore, has around 41,000 staff and Tan Su Shan, currently deputy CEO, will succeed Gupta on March 28.

Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, said a Bloomberg Intelligence report last month. Chief information and technology officers surveyed for BI indicated that on average they expect a net 3% of their workforce to be cut, according to the report.

Still, many firms have stressed that the shift will result in roles being changed by technology, rather than replaced altogether. Teresa Heitsenrether, who oversees JPMorgan Chase’s AI efforts, said in November that the bank’s adoption of generative AI was so far augmenting jobs.

 

[congo9]

View attachment 215284

Straits Times journalist Vikram Khanna :

In more than 30 years of reporting on Singapore Budgets, I have never come across one as generous as Budget 2025, which Prime Minister and Finance Minister Lawrence Wong announced on Feb 18!

Something for everyone​

The support for individuals and households, which amounts to more than $3 billion, includes CDC vouchers, U-Save utilities rebates, climate vouchers, special SG60 vouchers, MediSave top-ups, cash payouts, culture passes, and personal income tax rebates, to cite a partial list, with some benefits coming through almost every month in 2025 from April.

https://www.straitstimes.com/opinion/budget-2025-a-bonanza-budget-with-no-pain-and-no-red-ink

These and most of the money is being circulated within the system, like your voucher. medisave top up and also kids top up is being kept inside the system.

 

[congo9]

Most likely, what is being allowed to be published has been approved by the people inside.

 

[k1976]

HSBC plans new round of investment bank job cuts next week​

The latest phase of cuts will start in Asia, but will ultimately affect employees globally

Published Fri, Feb 14, 2025 · 05:57 PM
HSBC

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• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC
• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC
• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC
• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC
• Georges Elhedery is reducing costs with a restructuring that has so far included combining the commercial banking division with its global banking and markets unit and pulling out of some underwriting and advisory businesses in Europe and the Americas. PHOTO: HSBC

HSBC Holdings is kicking off a fresh round of job cuts at its investment bank as new chief executive officer Georges Elhedery continues his overhaul of Europe’s biggest lender, according to people familiar with the matter.

The latest phase of cuts will start in Asia, but will ultimately affect employees globally, said the people, who asked not to be identified discussing private matters. It’s not clear how many people will be affected by the moves.

Some cuts are already underway in the firm’s markets division but wider layoffs across the investment bank will begin as early as Monday, the people said. The dismissals will be staggered over several weeks and months, one of the people said. Staff will be let go based on performance as well as to remove duplication of jobs or to simplify operations, the person said.

 

[batman1]

Is he a local ah neh or ceca ah neh ?

 

[birdie69]

PAP dog talk cock

He very desperately wants not to be retrenched, promotion definitely a no to him.

 

[k1976]

He very desperately wants not to be retrenched, promotion definitely a no to him.

BOH Pian, u can see the AI linguistic models can write more beautiful and cheaper + faster than him…. Need to show value to Justify his head count and continuous presence mah

Many peepur is surviving pay check to pay check….mee too

Only left $13 in my bank before month end…jialat
Need to Jiak 3 more days Gardenia and sky juice