Lim Swee Say Gotta Work Cheaper, Better, Faster

[Ahgong]

2 of you dun talk cock also leh.

 

10k annual salary? Too much money so retire early then say so la.

 

no tok kok wan! you are invited to my office if you desire. 

Remember most of our ministers were professionals in their careers which they must have done well and came into the MIW Welcome Radar; except for those in the MID , I really cannot say anything much. We went thru' NS .... we know what "type" they are, though some many be scholars, but think politiks means rule with Iron Arm with peasants 

 

All our neighbors have caught up with us with good decent stability (despite what ever is going on across the causeway) the private sector has excelled .... partially thanks to us.... 'cos of cheaper hinter land , same goes for Batam and even same with India and China whose private sectors are the main drivers of the economy;

 

MIW have made redundant all the traditional trades (with life time employment in those days) and brought in the so called hi tech trades worth billions as they so claim and remember this are the so called " distuptive tech" type

 

MIW if they leave they get easily new position in PLC or will create a new job post

 

You n me with will have to learn to stretch our $10 K annual salary   

 

that was THEN.

this is NOW.

in the current job, they must do the current work.

 

i can also wax lyrical about how good i was last time. now also just a janitor nia. how?

[Enye]

hopefully...... Better Bigger Buffer

 

 

 

 

like your 750k

how come suddenly got extra 50k?

 

strike 4d is it?

 

 

[Showster]

They usually complete 1-2 years in advance of estimated waiting time.

 

But agree that 3-4 years is still quite a long wait.

 

I was seriously doubting what you posted so I went HDB's website to check.

 

Senja Heights

Estimated Waiting Time* - 58 to 60 months

http://esales.hdb.gov.sg/hdbvsf/eampu05p.nsf/0/16MAYBTOBP_page_1705/$file/estimated-completion-date.html

 

 

     

 

6 years? Need to change housing minister again la.... these fellows still sleeping on the job but they announce that the housing shortage has been solved?

 

No wonder they ask us how much space we need to have sex.

 

[Jamesc]

Only companies that cannot compete on quality have to compete on price.

 

We need to innovate in order to get a premium price for our products.

 

I hope we don't need to price our products as better, faster, cheaper.

 

Lets go for better, faster and more expensive.

 

Same with our jobs, I don't mind working better and faster

 

as long as they pay me morer. 

 

[Lala81]

They usually complete 1-2 years in advance of estimated waiting time.

 

But agree that 3-4 years is still quite a long wait.

 

Not really, based on my estimate, this waiting time buffer is only about 6-9 months. The estimate is not too far off as well.

If it says 5-6 yrs, it's at least going to take 4.5-5 years.

 

I used to observe BTO projects to estimate when people move in after the area is cordoned off (cos was waiting for my own BTO). Earliest is about 2yrs 9 months. Most are about 3 yrs to 3yrs 3 mths.

Edited November 5, 2016 by Lala81

[Pinobii]

how come suddenly got extra 50k?

 

strike 4d is it?

 

 

[Chongster]

This guy should just be called Lim sia suay

[Evillusion]

how come suddenly got extra 50k?

 

strike 4d is it?

 

 

[Victor68]

bro, that bin is just one example.....

if you walk into tourism boad, NEA, and all these civil organizations...... you will find that there are more directors, managers etc. than anyway else......

 

that 880K bin is one time off, but these groups superscale salaried servants . . . . it will go another sg50 if the whites still rule

what cheaper, better & faster..... kns !

that one we should llok into how to recover hahaha

[A_korusawa]

that one we should llok into how to recover hahaha

they oledi recover gao gao liao . . . .

oil price all years low, but all bills neber go down but up instead

recent all admins fees, summons, etc. all go up 3-4 times high

 

sometimes, i really wonder what's our pappies doing.....

our foreign minister oni work for himeself, building his names and saka all the angmos instead of mending neighboring ties which have been all years low

its really kns

[Donut]

Let's look at the productivity across industry (source from singstat) here:

 

Porker is sexy.png

 

As you can see, construction and food services are the worst contributor to the nation's productivity, while finance is the best. I can understand why finance is best because that industry competes globally. For construction and food services, shall we make a guess why the productivity is low? There are masses of foreign talents across finance and construction/food services, but why their productiveness so different?

 

I have seen in Munich where only 2 men are needed to plant approximately 10 lamp posts along the road. They used a heavily modified truck to achieve this. I bet the salary of that 2 men is high, but their productivity was great.

 

Compare this with our Singaporean way of doing the same work. There will definitely be 2 men manning each end of the road for traffic, a driver for the truck, a driver for the forklift, and some men trying to "steer" the lamp posts into the various holes. There will always be another 1 or 2 eyeing the whole process. I bet the salary of these men are low, but their productivity poor as compared to the Munich team. Our MTI rightly measures hours spent in the productivity equation, and I also bet we spent more collective hours here.

 

Why do Singaporean companies reluctant to embrace technology to improve productivity? You know the answer and I will leave it here.

U r absolutely right about German workers.

 

I also observed in Paris, only 2 workers to lay road tiles and some digging. I'm sure their productivity is high too.

 

we will have one platoon of workers to do the same job.

 

I met a SG civil engineer and he admitted that our construction industry is still v primitive in the way things are done. v low productivity with no or little innovative way. Our construction people are still doing the same way as 20 years ago. No thanks to our garment allowing cheap FT to spoil the construction companies. There is v little incentive to innovate.

 

But now, with recent tightening of FT, the garment is telling the companies to think of using new building materials, to reduce dependency on labour.

[Ktglfc]

U r absolutely right about German workers.

 

I also observed in Paris, only 2 workers to lay road tiles and some digging. I'm sure their productivity is high too.

 

we will have one platoon of workers to do the same job.

 

I met a SG civil engineer and he admitted that our construction industry is still v primitive in the way things are done. v low productivity with no or little innovative way. Our construction people are still doing the same way as 20 years ago. No thanks to our garment allowing cheap FT to spoil the construction companies. There is v little incentive to innovate.

 

But now, with recent tightening of FT, the garment is telling the companies to think of using new building materials, to reduce dependency on labour.

Hopefully this doesn't come too late ... Better late than never in embracing technology to improve efficiency :)

[Kb27]

U r absolutely right about German workers.

 

I also observed in Paris, only 2 workers to lay road tiles and some digging. I'm sure their productivity is high too.

 

we will have one platoon of workers to do the same job.

 

I met a SG civil engineer and he admitted that our construction industry is still v primitive in the way things are done. v low productivity with no or little innovative way. Our construction people are still doing the same way as 20 years ago. No thanks to our garment allowing cheap FT to spoil the construction companies. There is v little incentive to innovate.

 

But now, with recent tightening of FT, the garment is telling the companies to think of using new building materials, to reduce dependency on labour.

 

They may be using robots to lay the cable, etc.

 

You're right, over here is relying on 10 FW, since it's cheaper than a robot.

 

Productivity ? what's that ?

[Vegas]

cut his own pay then say

[Windwaver]

Hopefully this doesn't come too late ... Better late than never in embracing technology to improve efficiency :)

 

Maybe we will see real changes in 10 years provided this initiative doesn't stop midway.

[Albeniz]

U r absolutely right about German workers.

 

I also observed in Paris, only 2 workers to lay road tiles and some digging. I'm sure their productivity is high too.

 

we will have one platoon of workers to do the same job.

 

I met a SG civil engineer and he admitted that our construction industry is still v primitive in the way things are done. v low productivity with no or little innovative way. Our construction people are still doing the same way as 20 years ago. No thanks to our garment allowing cheap FT to spoil the construction companies. There is v little incentive to innovate.

 

But now, with recent tightening of FT, the garment is telling the companies to think of using new building materials, to reduce dependency on labour.

Our construction industry is considered as very advanced already.

 

We have just upgraded from 红头巾。

[Freddyc]

Having lesser foreigner workers means lesser foreign levy collected. Did a search and they seems to walk the talk this time. But whether companies will take this chance to change the way they do things is another thing.

 

http://www.straitstimes.com/business/economy/singapore-budget-2016-robots-and-start-ups-10-things-to-transform-singapore-inc

 

Singapore Budget 2016: Robots and start-ups - 10 things to transform Singapore Inc

 

PUBLISHED MAR 24, 2016, 7:23 PM SGT

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Chew Hui Min

SINGAPORE - Beyond addressing the immediate concerns of businesses, a major part of the Budget addressed the "scaling up" of small and medium-sized enterprises (SMEs).

 

Finance Minister Heng Swee Keat announced a slew of measures under the Industry Transformation Programme that will help companies and industries automate, innovate, expand overseas and procure financing.

 

Schemes are now more targeted, but provide more help than before for those that qualify.

 

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1. SUPPORT FOR AUTOMATION

 

A new Automation Support Package will be introduced for a period of three years.

 

It will cover four areas:

 

- Grant support for the roll-out or scaling up of automation projects at up to 50 per cent of project cost, with a maximum grant of $1 million.

 

- Investment allowance of 100 per cent for automation equipment, in addition to the existing capital allowance.

 

- Improve access to equipment loans under Spring's Local Enterprise Finance Scheme by enhancing the Government's risk-share from 50 per cent to 70 per cent. This will also be expanded to cover equipment loads for non-SMEs at 50 per cent risk-share.

 

- IE Singapore and Spring will partner businesses where appropriate to access overseas markets

 

2. MORE ROBOTS AT WORK

 

The National Robotics programme, announced last year (2015), will be enhanced.

 

More than $450 million has been set aside in the next three years for the development and adoption of robots. These robots will be used in sectors such as healthcare, construction, manufacturing and logistics.

 

3. BUSINESS GRANTS PORTAL

 

There is a wide range of government schemes to help firms but the "alphabet soup" can cause consternation for the very companies they are meant to help.

 

The new portal, to be launched by the last quarter of 2016, will bring together schemes from different agencies, and help companies identify which grants and schemes are relevant to them.

 

4. SG-INNOVATE

 

To promote start-ups, this new set-up will match budding entrepreneurs with mentors, introduce them to venture capital firms, help them to access talent in research institutes, and open up new markets.

 

5. NEW JURONG INNOVATION DISTRICT

 

The new innovation district in Jurong West is envisioned as the industrial park of the future. It will bring together researchers, students, innovators and businesses to develop products and services of the future.

 

The first phase of the project is expected to be completed by around 2020.

 

6. HELP WORKERS 'ADAPT AND GROW'

 

The new Adapt and Grow initiative will help Singaporeans adapt to changing job demands and grow their skills. More details will be announced by the Ministry of Manpower at the Committee of Supply debate next month.

 

Separately, the Government will set up TechSkills Accelerator, a new skills development and job placement hub, to help workers in the information and communications technology sector learn new skills quickly.

 

7. DEEPENING INNOVATION CAPABILITIES

 

Up to $4 billion under the Research, Innovation and Enterprise 2020 Plan will be directed to industry-research collaboration.

 

The Government will provide a top-up of $1.5 billion to the National Research Fund in 2016 to support these initiatives.

 

8. SUPPORT FOR INTERNATIONALISATION

 

IE Singapore is expected to support 35,000 to 40,000 companies to expand to markets overseas this year, up from 34,000 in 2015.

 

The Double Tax Deduction for Internationalisation scheme will be extended.

 

The scheme currently allows approved companies to deduct against their taxable income, twice the expenses incurred for activities like overseas business development trips, trade fairs and for salaries of Singaporeans posted overseas.

 

9. NATIONAL TRADE PLATFORM

 

A step up from the TradeNet and TradeXchange systems, this one-stop trade information management system is meant for the logistics and trade finance sectors.

 

It enables electronic data sharing between companies as well as government regulators such as Customs.

 

10. FINANCING AND TAX INCENTIVES

 

A range of tax and financial incentives were expanded, including the SME Mezzanine Growth Fund and the Merger & Acquisition allowance.

 

The Mezzanine Growth Fund, an alternative financing option for SMEs, will grow from $100 million to $150 million.

 

The cap of the M&A allowance will double, from $20 million to $40 million per year of assessment.

[A_korusawa]

<img class="StretchedBox W(100%) H(100%) ie-7_H(a)" src="https://s.yimg.com/ny/api/res/1.2/5225pJN2.iS0BIADblO6Cg--/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9ODAwO2lsPXBsYW5l/https://65.media.tumblr.com/6b620b46cb45bff5045c24922f7d84f6/tumblr_inline_og9im93zQb1ttsoi6_1280.jpg"/>Comments made by non-resident ambassadors, ambassadors-at-large and special envoys in their personal capacity do not reflect the position of the Singapore government, said Foreign Minister Vivian Balakrishnan.Balakrishnan noted that such ambassadors are not civil servants, and are not restricted in their private engagements. “Nevertheless, all of them are expected to exercise good judgement and to do their best to uphold and promote Singapore’s national interests,” he said.Speaking in Parliament on Monday (7 November), the minister was responding to a question from Non-Constituency Member of Parliament (NCMP) Leon Perera about the guidelines for public speeches and writings by senior officials, including accredited ambassadors.Asked to clarify his question, Perera alluded to an opinion piece by Ambassador-at-large Bilahari Kausikan published in The Straits Times last year, in which Bilahari said Malaysia’s political system was experiencing pressure and changes, which could have an impact on Singapore.This provoked responses from several Malaysian politicians, including Democratic Action Party lawmaker Tony Pua, who slammed Bilahari’s “unapologetically selfish and arrogant views”.Perera asked about how Singapore would manage the potentially hostile reactions from other countries to comments made by individuals holding the title of ambassador.Balakrishnan stressed that the Ambassador-at-large is a retired civil servant, and that he does not clear Bilahari’s speeches or essays. “He’s free to speak and comment in the same way that you are free to speak and comment as a private citizen.”Pressed further by Perera, the Foreign Minister said, “I do not want to open up this house into an avenue for any members – regardless of which party you’re from – to discuss the writings or speeches of other private citizens of Singapore.”