decline

PM Lee Says Singapore Needs New People: Is He Hinting At Increase Birth Rates, Or More PRs?

PM Lee Says Singapore Needs New People: Is He Hinting At Increase Birth Rates, Or More PRs?

Having children? It will just add to financial strain already felt by many Singaporeans. So is this just an excuse for PM Lee and his government, to say that since Singaporeans cannot replace themselves, then they have no more choice but to keep increasing the number of new citizens and replace ourselves? What has our Singapore become?

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GRADUATES REAL STARTING PAY DECREASED 2% LAST 9 YEARS?

About 80.2 per cent of the graduates in the labour force secured permanent full-time jobs, a dip from the 83.1 per cent in 2015. According to the Singapore Yearbook of Manpower Statistics 2014 (page H30) – the median gross monthly starting salary of university graduates in full-time permanent employment was $2,750 in 2007.

Graduates’ real starting pay declined 2% last 9 years? Does this mean that their starting salaries increased by about 22 per cent ($3,360 divided by $2,750) in the last nine years? Since inflation was about 24.2 per cent from 2007 (CPI 79.65) to 2016 (CPI 98.932) – does it mean that in real terms – their starting salaries declined by about -2 per cent (24 – 22%) in the last nine years?

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UBER DRIVER'S INCOME TAKES HUGE HIT AFTER UBER REDUCE CASH BONUSES

I am an Uber driver and I would like to complain about their continuously declining incentives. For full-time uber drivers like me who put in about 10 hours a day, I get about $150 to $180 a day from nett fares. What most of us full-time drivers like is the weekly incentives. Because we can easily hit 125 trips a week, we get an additional $400 cash bonus a week. This adds up to $1600 a month and effectively doubles our driving income. However, now they are reducing our incentives to $300! $400 in incentives gone like that for someone earning $3k means a 12% drop in income!

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SIMPLE REASONS WHY OUR LIVING STANDARDS HAVE DECLINED DRASTICALLY

How many of us used to drive cars but no longer? How many used to live in landed property or condominiums but have since downgraded? How many used to eat in restaurants a lot more often in the past? How many used to travel a lot more in the past? WHAT COCK PM TALK? All whose living standards have DECLINED, kee chiu!

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SPH sees further advertising and circulation decline

Singapore Press Holdings has suffered a 2.9 per cent fall in operating revenue from its newspaper and magazine assets for the first quarter of the financial year. The publisher of the Straits Times, Business Times and The New Paper saw advertising revenue fall by S$5.8m (US$4.6m) and circulation revenue slide by S$2.3m (US$1.8m) as staff costs rose by 2.5 per cent.
However, because of increased rental revenue from the group’s property assets, the company’s operating revenue grew by two per cent overall.

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