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No recession expected in S'pore in 2023, but 'significant' global risks remain: MTI

kobayashiGT

By kobayashiGT,
in Lite & EZ

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Scion

Scion

Turbocharged
  On 7/8/2022 at 2:54 AM, Throttle2 said:

I very long no wipe tables liao.

Tried data entry, kena pok becos Covid.

then most recently , tried ShengSiong , fresh meat department. 
my back cannot stand for too long.  So had to quit

currently working as physical files duplication specialist in a local bank. 9-6pm
maybe evenings, i can do part time at shell station, 8-12. 
not so bad, can just manage to tahan and got enough time to rest.

Break is either on sat or sun.  Becos i do full day event coordinator at expo or other places either Sat or Sun.  
 

one week rest one day, can lah.  Gotta pay for the nation mah…

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C.S.B 😂

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Windwaver

Windwaver

Turbocharged
(edited)

No scare no scare :grin:

https://news.yahoo.com/worlds-50-richest-cities-list-203137204.html

World's 50 richest cities list: Singapore now has more millionaires than Hong Kong

Singapore has overtaken Hong Kong in its population of millionaires, according to a new report.

Hong Kong, which previously ranked fourth in the world in 2012, now ranks seventh amongst the 50 richest cities in the world, according to investment migration company Henley & Partners and global wealth intelligence firm New World Wealth.

The number of high-net-worth individuals (HNWI), or individuals who have an investable wealth of at least $1 million, in Hong Kong dropped by 27% to 129,500 between 2012 and 2022, while the number in Singapore grew by 40% to 240,100.

Beijing's increasing control and influence over Hong Kong has driven away many residents and companies to cities like Singapore and London.

The U.S. has the most cities on the list, with 10 placing in the top 50.

China follows the U.S. with five cities, putting it ahead of Australia, which has four. Beijing is China's wealthiest city at No. 8, with 128,200 HNWIs, followed by Shanghai at No. 9, with 127,200 HNWIs.

New York City took first place as the Big Apple’s number of millionaires surged by 40% in the 2012-2022 period.

There are reportedly 340,000 millionaires living in the city.

New York was followed by Tokyo, California’s Bay Area, London and Singapore.

In another elite category, California’s Bay Area had the highest number of billionaires in the world, with 63 such individuals residing in Silicon Valley and San Francisco.

The Bay Area was followed by New York, Beijing, Los Angeles and Shanghai.

Juerg Steffen, Henley & Partners’ chief executive officer, said most of the cities on the list are in countries that have programs to help with the migration of funds. The countries reportedly encourage foreign direct investments in exchange for residence or citizenship rights.

“Being able to relocate yourself, your family, or your business to a more favorable city or have the option to choose between multiple different residences across the world is an increasingly important aspect of international wealth and legacy planning for private clients,” Steffen said.

The annual survey examined 97 cities in nine regions around the world.

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Stary

Stary

Turbocharged
  On 4/19/2023 at 8:38 AM, Windwaver said:

No scare no scare :grin:

https://news.yahoo.com/worlds-50-richest-cities-list-203137204.html

World's 50 richest cities list: Singapore now has more millionaires than Hong Kong

Singapore has overtaken Hong Kong in its population of millionaires, according to a new report.

Hong Kong, which previously ranked fourth in the world in 2012, now ranks seventh amongst the 50 richest cities in the world, according to investment migration company Henley & Partners and global wealth intelligence firm New World Wealth.

The number of high-net-worth individuals (HNWI), or individuals who have an investable wealth of at least $1 million, in Hong Kong dropped by 27% to 129,500 between 2012 and 2022, while the number in Singapore grew by 40% to 240,100.

Beijing's increasing control and influence over Hong Kong has driven away many residents and companies to cities like Singapore and London.

The U.S. has the most cities on the list, with 10 placing in the top 50.

China follows the U.S. with five cities, putting it ahead of Australia, which has four. Beijing is China's wealthiest city at No. 8, with 128,200 HNWIs, followed by Shanghai at No. 9, with 127,200 HNWIs.

New York City took first place as the Big Apple’s number of millionaires surged by 40% in the 2012-2022 period.

There are reportedly 340,000 millionaires living in the city.

New York was followed by Tokyo, California’s Bay Area, London and Singapore.

In another elite category, California’s Bay Area had the highest number of billionaires in the world, with 63 such individuals residing in Silicon Valley and San Francisco.

The Bay Area was followed by New York, Beijing, Los Angeles and Shanghai.

Juerg Steffen, Henley & Partners’ chief executive officer, said most of the cities on the list are in countries that have programs to help with the migration of funds. The countries reportedly encourage foreign direct investments in exchange for residence or citizenship rights.

“Being able to relocate yourself, your family, or your business to a more favorable city or have the option to choose between multiple different residences across the world is an increasingly important aspect of international wealth and legacy planning for private clients,” Steffen said.

The annual survey examined 97 cities in nine regions around the world.

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I think very soon someone will say that millionaire is the new poor. Need to be billionaire at least to sustain. 😆

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Throttle2

Throttle2

Supersonic
(edited)

The average Singapore Lang is like the rabbit on the right. All show , no go.

Wear Rolex, drive BMW, but dont even have a few hundred grand in liquidity.  Only hard asset is their property (30 yr mortgage) ….. aiyoh…

IMG_1719.jpeg

Edited by Throttle2
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RadX

RadX

Moderator
  On 4/21/2023 at 2:23 AM, Throttle2 said:

Hopefully, Singapore gets hammered by serious recession… … woohoo!

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soon soon

 

Distressed property listings jump in Q1 as bankruptcies rise , Property - THE BUSINESS TIMES

 

https://www.businesstimes.com.sg/property/distressed-property-listings-jump-q1-bankruptcies-rise?utm_source=telegram&utm_medium=social-organic

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Ginyu

Ginyu

5th Gear
(edited)
  On 4/21/2023 at 2:21 AM, Throttle2 said:

The average Singapore Lang is like the rabbit on the right. All show , no go.

Wear Rolex, drive BMW, but dont even have a few hundred grand in liquidity.  Only hard asset is their property (30 yr mortgage) ….. aiyoh…

IMG_1719.jpeg

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Only those with at least few hundred grand liquidity are wiping table and live simply, they don’t see the need to show others or broadcast what they have 😂 

Edited by Ginyu
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Spidey10

Spidey10

Supercharged
  On 4/24/2023 at 10:16 PM, RadX said:

soon soon

 

Distressed property listings jump in Q1 as bankruptcies rise , Property - THE BUSINESS TIMES

 

https://www.businesstimes.com.sg/property/distressed-property-listings-jump-q1-bankruptcies-rise?utm_source=telegram&utm_medium=social-organic

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no scared, no scared.....we have big brother support....they got 3,500 millionaires coming in to support this year...my fren say one...:yeah-im-not-drunk:

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Wt_know

Wt_know

Supersonic
(edited)

no scare no scare

马照跑，舞照跳

horse racing continue

ballroom dancing continue

everyone huat ah!

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Throttle2

Throttle2

Supersonic
  On 4/25/2023 at 1:47 AM, Ginyu said:

Only those with at least few hundred grand liquidity are wiping table and live simply, they don’t see the need to show others or broadcast what they have 😂 

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Few hundred grand is just snap of the finger instant liquidity so that they can buy anything they want essentially in full cash…..of course no need to show lah.     Unlike the BNPL type.   Heeheee

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Ginyu

Ginyu

5th Gear
(edited)
  On 4/25/2023 at 2:11 AM, Throttle2 said:


Few hundred grand is just snap of the finger instant liquidity so that they can buy anything they want essentially in full cash…..of course no need to show lah.     Unlike the BNPL type.   Heeheee

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They want to keep low profile but always kana disturbed by the bank to invest but enjoy free cake and coffee 😂 

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Throttle2

Throttle2

Supersonic
  On 4/25/2023 at 2:27 AM, Ginyu said:

They want to keep low profile but always kana disturbed by the bank to invest but enjoy free cake and coffee 😂 

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If they keep really low profile like me, no one will disturb them.   Muayhahaha

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