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Equities / Re: Spot KLCI Index
« Last post by king on Yesterday at 09:15:02 AM »
Equities / Re: Spot KLCI Index
« Last post by king on Yesterday at 09:08:25 AM »
Equities / Re: Spot KLCI Index
« Last post by king on Yesterday at 09:06:20 AM »
Equities / Re: Spot KLCI Index
« Last post by king on Yesterday at 09:01:36 AM »
Equities / Re: Spot KLCI Index
« Last post by king on Yesterday at 09:00:39 AM »
Equities / Re: Counter of the year 2019.
« Last post by Sailor on Yesterday at 08:57:37 AM »
Umobile dont have what Redtone have.
In buisness you need to owe the have.
If you dont get what ppl have ,for sure not
going anywhere.

They change the FYR for a very good reason.
VT look like streamlining everything slowly.

Global Markets / Re: The other side of the coin
« Last post by zuolun on Yesterday at 07:26:57 AM »
Netizens displeased with DPM Heng’s statement that GST would be up to 15% if not for Singapore’s healthy reserves ~ 17 Jun 2019
Earlier this year, Mr Heng who is also the Finance Minister, announced in Budget 2019 that the GST will be raised from 7% to 9% as the Government’s spending on healthcare, infrastructure and security has increased and is expected to get higher in years to come. The Minister stated that the hike will happen sometime between 2021 and 2025 which means it will be increased after the next General Election.

Top five healthcare systems in Asia-Pacific ~ 31 May 2019

‘Hard choices’ need to be made to keep healthcare spending sustainable: PM Lee ~ 23 Mar 2019

What does Singapore’s new military budget say about its defense priorities? ~ 22 Feb 2019
  • This week, Singapore’s defense budget was announced as being at 15.5 billion Singapore dollars ($11.4 billion). The figure, disclosed along with a budget speech given by Finance Minister Heng Swee Keat, amounts to about 19% of total government expenditures and around 3.3% of national GDP. The total amount Singapore is spending on Defense, Home Affairs, and Foreign Affairs ministries – within the wider umbrella term used of “defense, security, and diplomacy” – amounts to $22.7 billion or 28.3% of the $80.3 billion total budgeted expenditure.
  • Relative to last year, the amount budgeted for defense spending constitutes a 4.8% increase. This is higher compared to the previous initial increases over the past 2 years of 1.6% and 3.7% (the previous two years witnessed higher increases of between 5 and 6%), and also a bit higher than the 3 to 4% rise range that Defense Minister Ng Eng Hen had mentioned a few years ago that would be needed to keep pace with inflation and to respond to a range of security challenges. In his remarks, Heng provided a justification for this increase building off of previous articulations, noting the security challenges Singapore faces including terrorism and cybersecurity and calling the defense allocation “significant but indispensable.”
Budget 2019: 30% of Government expenditure to go towards defence, security and diplomacy ~ 19 Feb 2019
The lion's share goes to defence expenditure, which is expected to increase by 4.8% to $15.5 billion.

2.2 or 8% healthcare spending as % of GDP? ~ 8 Nov 2018
It states that “All in all, we expect our average annual healthcare spending to rise from 2.2% of GDP today to almost 3% of GDP over the next decade. This is an increase of nearly 0.8-percentage point of GDP, or about S$3.6 billion in today’s dollars. Within the next decade, healthcare spending is expected to overtake education.”

S’pore’s healthcare protection gap highest in Asia? ~ 6 Oct 2018

Reserves can’t use for healthcare – what have we been using? ~ 6 Mar 2018

Nothing for Heng Swee Keat to shout about for spending only $13b on healthcare from 2020 ~ 8 Dec 2017
“To put that in perspective, the total budget for the Ministry of Health (MOH) in 2010 was $4 billion. In this year’s Budget, Mr Heng allocated it $10 billion.”

According to the most recent data (2014) from World Bank, Singapore can be seen to be spending the least in healthcare as % of GDP among the first world countries (this is total health spending including private and public spending):

US – 17.1%
Sweden – 11.9%
Switzerland – 11.7%
France – 11.5%
Germany – 11.3%
Austria – 11.2%
New Zealand – 11.0%
Netherlands – 10.9%
Denmark – 10.8%
Belgium – 10.6%
Canada – 10.4%
Japan – 10.2%
Norway – 9.7%
Finland – 9.7%
Portugal – 9.5%
Australia – 9.4%
Italy – 9.2%
UK – 9.1%
Spain – 9.0%
Iceland – 8.9%
Greece – 8.1%
Israel – 7.8%
Ireland – 7.8%
South Korea – 7.4%
Luxembourg – 6.9%
Singapore – 4.9%

At 4.9% of healthcare expenditure, Singapore is ranked along with countries like Burkina Faso (5.0%), Libya (5.0%), Ethiopia (4.9%), Mauritius (4.8%).

OECD countries pay for majority share of total health expenditure – Singapore prepares to pay only 40%.

And to make matter worse, the 4.9% quoted above for Singapore was for total healthcare spending, which includes both public and private spending.

Among the OECD countries, the average out-of-pocket or private expenditure as a share of total health expenditure in 2015 was 20.2%. That means, public spending as a share of total health expenditure was a whopping 79.8% for OECD countries on average. Even Korean’s share was 63.2%.

Singapore healthcare budget to hit 3.5% of GDP by 2030 ~ 23 Mar 2017
Singapore's overall expenditure on health will double over the next 5 years and may reach up to 3.5% of the country's GDP by 2030, up from the current 1.6%.

Fox: Singapore has the world’s greatest healthcare system? ~ 2 Dec 2016
Very high % of income contribution to Medisave? ~ As Singaporeans contribute as much as 10.5% of their income to their Medisave accounts – we may from a cashflow perspective – arguably be paying the highest “implicit healthcare premium” (as a percentage of income) in the world.

Global Markets / Re: DJIA Index Movements
« Last post by king on Yesterday at 04:59:39 AM »

Global Markets / Re: S&P 500 Index Movements
« Last post by king on Yesterday at 04:59:14 AM »

Free For All / Re: Check engine light
« Last post by medan_1h1 on June 25, 2019, 10:22:44 PM »
What a helpful suggestion, do you have any suggestion how to settle the engine sound?
i change the lubricant oil also not very useful....

It depend the quality of oil you use, if not branded normally just help you maintain for a while, after 1 month something the problem come back again. Better know what is the reason make your engine sound happen, is the lubricant oil low quality or the engine part start got problem.
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