[GE2025] Jalan Kayu SMC

[marksnow44]

NTUC earning $??? got profit?

Sure have. They have 2 billion tuck somewhere

 

[waterdestiny]

He almost screwed up in income allianz saga, now want to screw all sinkies

 

[ST Optimist]

Bro not sure if you serious here. Just scroll back 1 page the info is there.

What info? The buy 2.2 return 1.85 to shareholder? It's cut n paste....Not the whole picture....n who is the shareholders? alliance 100% or less than that? The critical question is ...how does it actually affect Sporean or policy holder.....what is the actual loss n gain?.....By the way the ex CEO Tan who question the deal is a new citizen..... someone opp whole day say will support govt...... obviously he never.....he last minute open mouth confuse everybody.....

Most ppl will not understand the financial intricacy of the whole deal..including me who is suppose to be a financial expert.....most ppl won't have time to read every single details of the deal......everybody just cut n paste anyhow whack only....

 

[CrucifyMyLove]

NCM go fly kite lah

 

[Itsthatguy]

I am from jalan kayu, and will make an informed choice together with the spouse.
I cannot say the same for the rest in the same area.

Regardless of choice. As long as "informed decision" and sincerely done in good faith to protect country Salute

 

[Ryoin82]

Assuming Low become MP.....or assuming all the opposition win .....PAP out.....so since Low beat NCM the 3 star general..... should voter let him become minister of defence...next time go US talk to US defence secretary or go China talk to China general.....then all the SAF general report to Low the ex product manager? Or maybe Pritam Singh the ex Major? opposition keep saying loosing minister level ppl is ok.....then ok lor...if u all think so....if u all think that it Low is the minister of defense....all those mindef ppl ok.....what about Alexis ...she relationship manager....put her in charge of minister of finance ok bo....let her talk to FED chairman? Let all the banks CEO, MAS, etc all listen to her.....u all ok?...

Fellow Edmwer, I don’t quite get your logic leh… Dr NEH who was the previous minister of defence, was a doctor.

 

[Okeirkkire]

Assuming Low become MP.....or assuming all the opposition win .....PAP out.....so since Low beat NCM the 3 star general..... should voter let him become minister of defence...next time go US talk to US defence secretary or go China talk to China general.....then all the SAF general report to Low the ex product manager? Or maybe Pritam Singh the ex Major? opposition keep saying loosing minister level ppl is ok.....then ok lor...if u all think so....if u all think that it Low is the minister of defense....all those mindef ppl ok.....what about Alexis ...she relationship manager....put her in charge of minister of finance ok bo....let her talk to FED chairman? Let all the banks CEO, MAS, etc all listen to her.....u all ok?...

Wah lao own goals ah?just one words ...during lhl time where is the succession plan thenAnd no succession plan u talking about if?

 

[waterdestiny]

Not only applicable to GST. Post covid increase until now nothing has came down.

Cost price go down, landlord take advantage to increase rent, so nothing goes back down

 

[NTB2DO]

So what if Allianz the major shareholder? What can happen that is bad to Sporean

Already mentioned earlier. But in case you miss it:

https://www.channelnewsasia.com/com...ce-allianz-deal-withdraw-ntuc-options-4826651

In blocking the acquisition, the government also revealed that there was a surplus of about S$2 billion at corporatisation that received ministerial exemption to be carried over to the new entity. The surplus would otherwise have had to be returned to the Co-operative Societies Liquidation Account to benefit the sector generally.

The last straw was Allianz’s intent to reduce Income Insurance’s share capital and return some S$1.85 billion in cash to shareholders within three years. This is tantamount to value capture of public money for private gains.

 

[JivBunny]

Actually if you hear the explanation from Minister from podcast. Actually it does make sense to increase GST.

Remove GST as suggested by some or reduce the rate is not impossible once you increase it however. Because prices won’t come down. Businessman won’t decrease prices because you decrease GST

With global inflation, we know prices won’t go down but with GST, it gives them more excuses to increase much more.

You still don’t get the point. We are not saying it should not increase. But whether it can be delayed or have something to measure upon, esp when we have a huge budget surplus.

But it’s ok. You have you view point, I respect that. Our system is based on a majority wins. If more people approves of (PAP) your views, let the votes decide.

I know where is mine going.

 

[bohemian-indie]

Assuming Low become MP.....or assuming all the opposition win .....PAP out.....so since Low beat NCM the 3 star general..... should voter let him become minister of defence...next time go US talk to US defence secretary or go China talk to China general.....then all the SAF general report to Low the ex product manager? Or maybe Pritam Singh the ex Major? opposition keep saying loosing minister level ppl is ok.....then ok lor...if u all think so....if u all think that it Low is the minister of defense....all those mindef ppl ok.....what about Alexis ...she relationship manager....put her in charge of minister of finance ok bo....let her talk to FED chairman? Let all the banks CEO, MAS, etc all listen to her.....u all ok?...

This argument assumes only ex-generals or high-level people can lead. But in a democracy, ministers don’t work alone—they have full support from experienced civil servants. What matters most is honesty, accountability, and the ability to serve the people, not just someone’s past job. Many good leaders around the world didn’t come from elite or military backgrounds. Let’s not treat government like a CV contest. Spreading fear like this doesn’t show real support for PAP—it just weakens trust in voters and our system.

By the way, the ST in your nick, is not Straits Times hor? Or it is?

 

[StoicGuy]

It's like a general who went to a war trying hard to dodge the bullet. Taking cover far far but then the bullet still come to find you...

 

[ST Optimist]

Opposition only want to become Minister of KPKb....The Tampines WP Eileen already say out openly they dun want to be government.... They only want to be KPKb MP........ is that how we fight for Sporean??? kpkb who dun know? ....my daughter kpkb everyday say I dun let her watch TV，kpkb say her class everybody have phone she dun have ,kpkb her homework too much.......How ? Anybody want to be the champion her her to fight for her right to more TV, more play,more toys ,new phones, LESS homework........

 

[jeffprobst]

Ppl keep saying affect Sporean.....Can someone tell me exactly how it can affect Sporean

why are you so lazy to go google or chatgpt it? Also, right after your post, someone also provided how it would affect Singaporean.

In short, if the sale went through badly, Singaporeans could have ended up with higher costs, reduced protections, weaker insurance competition, and more distrust in public institutions. It is not just a business deal but touches on social trust and long-term public welfare.

A summary of how the sales would impact Singapore based from ChatGpt, Do your own assessment.

If the NTUC Income Alliance sale had gone through badly or without proper due diligence, it could have had serious impacts because

Policyholders' Interests:
NTUC Income was originally set up as a cooperative to serve Singaporeans' insurance needs affordably. A sale to a private buyer might shift its focus from social mission to profit-making. This could mean higher premiums, fewer benefits, or less favourable terms for existing and future policyholders.

Loss of Control:
Once sold, NTUC (and by extension, Singaporeans) would lose influence over a key insurer that affects the broader insurance market. Private owners might restructure or even resell it for their own interests, with little regard for Singapore’s social protection framework.

Moral Hazard:
NTUC is closely tied to the labour movement and seen as aligned with workers’ welfare. Mishandling the sale would suggest poor stewardship of public-trust institutions. It would undermine confidence in how NTUC and associated organizations handle assets that were built for public good.

Precedent for Future Sales:
If the NTUC Alliance sale was botched and no one was held accountable, it would set a bad precedent — signalling that similar public-good institutions could be sold off without transparency, consultation, or accountability.

 

[ST Optimist]

This argument assumes only ex-generals or high-level people can lead. But in a democracy, ministers don’t work alone—they have full support from experienced civil servants. What matters most is honesty, accountability, and the ability to serve the people, not just someone’s past job. Many good leaders around the world didn’t come from elite or military backgrounds. Let’s not treat government like a CV contest. Spreading fear like this doesn’t show real support for PAP—it just weakens trust in voters and our system.

By the way, the ST in your nick, is not Straits Times hor? Or it is?

Can name the so call leader.....yes the ultimate Head might not be expert in everything other than sell Koyo......but the minister level All is.....yes the civil head all expert.....but then they do not go n talk to another country minister on the same level.....

 

[johnsonheng]

Then move to a progressive tax system scheme like the WP/PSP/SDP has been advocating for all along la.

In the 1st place, taxing essentials makes no sense.

The government should look to implementing wealth tax/estate tax/inheritance tax and luxury goods taxes, etc.


https://newnaratif.com/why-is-the-c...rstanding-the-pap-governments-economic-model/

SG has a very serious inequality issue. The Rich-poor gap is widening at an alarming pace.


They simply are doing their best to avoid taxing the wealthier and billionaires more, which should definitely be done.

UNHWs who come here to park their wealth and Jack up property prices + increase cost of livings, etc. should definitely be taxed more.

They rather get tax revenue from essentials from salt and water, etc. which impact us ordinary citizens (Middle Income/Lower Income) than to implement wealth/estate/inheritance tax/luxury goods, etc. and increase corporate income tax rate.

Because the administrators of this policy is going to be very hard and all the staff or the administration don't want to do it. Having am blanket tax will be easier. Because if tax high on watch and bag .some mmc will try to dodge it by declaring item as another product. Also too many price variant. You cannot tax the same for a 20 dollar school bag the same rates as Hermes bag . If we tax on brand. Them business will kpkb .

 

[LumiscaCo]

Everybody is laughing at low or ng?

 

[nasfieldjohn]

General ng is pinky favourite pet and yesman mah
After losing sengkeng still got seat of power in ntuc and now the latest sagat

 

[EdenHazard]

Chiu never fk off people b4?

Have! That's why I don't run for elections!

 

[4ever1]

Talk about sustainable, quite sure their salary and package and across all gahmen employees are not sustainable. Iron rice bowl and paid way above market average. Good riddance that this clown was kicked out.