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Budget 2014


RadX
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work, housing healthcare is focus based on last year mai hum ND message


new phase is to close the gap....hmm i hear 10%gst coming

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Ikea's self-checkout is awesome btw.

 

Tharman's voice so soothing...and his shiny head so hypnotic....

 

I'm surprised everyone in the chamber not wearing sunglasses, can get eye damage ok.

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gini coeff lowest...hahahaha table wiper sure come in

 

safety net is jobs. needs to focus on that to keep inclusive the entire society. workfare continues and tax policies

 

avg lower wage increase is 1/4 higher with the workfare, etc


1st strategy cheap sourcing needs address. like cleaning, security, etc. true cos cheap no good, good no cheap

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tech advances pressure lower skilled workers and need to give dem more assistance. so their kids no suffer

 

sumary of social recog

 

1. pioneer gen pkg

 

2. funds for pioneer gen in future..hmm, sounds fishy

 

3. future budgets to focus on future on edn, tpt and healthcare needs of oldies...soya huat ah


earlier intervention, subsidy for education at lower.....middle income get help

 

ehalthcare get subsidy too for middle income...knn, why higher income no have

 

disabled get help fr young...this i sarpork! gvt shd do this more actively

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2.5x more subsidy more than 10yrs ago.....good lah. inflation gone up 100% issit?

 

low income couple. at 10% of income ladder

 

1. get hdb flat, they can afford their flat, rcv 60k to buy bto 2 rm flat. all fr cpf. upg, get 15k

 

2. for school kids, get 75% subsidy...good man

 

3. go uni they get further sarpork

 

4. comcare comes into place and they get subsidies for healthcare

 

govt will help them throughout.

 

critical is how they do it. to level up society


i ssee the robin hood theory coming


drink many water man

 

 

1st major plank, deepen economy

 

tighten FW policy...further slowdown of FW inputs by 2015., except construction

 

retain skilled workers and use MP saving technologies


recall 3-yr transition plg,

 

workfare, PIC and CIT, etc...


yadda yada yadda


security looking at more technology. This is more operation of eqpt to scale down manpower. hmmm leads to loss of jobs?

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now tokking abt technologies that have saved manpower


Wah bro radx, you probably need a new keyboard after the session...

 

 

is ok, i have spare...get fr workfare...hahahahahaa


focus now on breakthroughs in more productivity

 

support innovation skills

 

ICT solutions.

 

investments in growth enterprises

 

sarpork of internationilising businesses

 

construction prody in place


PIC extended to 2018.

 

PIC+ help firms in investments

 

now cap at 400k a yr, expenditure cap increased to 600k

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wa good man for PIC for those in the business...v big subsidy


r&D extended to 2025 in tax deductions, extending for writing down cost allowance, etc....until 2020

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wa good man for PIC for those in the business...v big subsidy

r&D extended to 2025 in tax deductions, extending for writing down cost allowance, etc....until 2020

 

he encouraging more people to set up businesses

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JTC foodhub will use warehouse fac.....using more eff Supp chain

 

renew land intensity allowance for 5 yrs till 2020


CET system to be revamped...someone sneezed


lifelong endowment fund up to 4.6bil for CET....lim chui...

 

2nd major thrust, is ICT in business


IPG, ICT for Prody and GRowth

 

proven solutions to better improve prody.

 

eg, wireless system in restaurants

 

extend reach fr 500 to 10000, over 3 yrs. subsidise 70% of ICT products and svcs costs

 

first movers to get more benefits. over 3 yrs, 80% of qualifying costs will be supported capped at 1mil.

 

high speed internet access is subsidised at 100mbps for wireless@sg svcs

 

more buildings upgraded...haha singtel m1 n SH better wake up sure kena fine

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wa good man for PIC for those in the business...v big subsidy

r&D extended to 2025 in tax deductions, extending for writing down cost allowance, etc....until 2020

 

They will also police it to make sure ppl dun get to abuse it.

 

Aiya, sure got greedy ppl who will get caught and prosecuted.

 

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