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DPM Lawrence Wong to take over from PM Lee on May 15
In Current Affairs
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Apr 17, 2024
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[GPGT] Irrefutable proof that you are merely renting from HDB, you never ever own a flat!
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Apr 17, 2024
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DPM Lawrence Wong to take over from PM Lee on May 15
In Current Affairs
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Apr 16, 2024
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DPM Lawrence Wong to take over from PM Lee on May 15
In Current Affairs
The CECA infestation is real.
In Current Affairs
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Apr 12, 2024
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Japan Food Town shuttered on Feb 29, lease terminated by landlord Isetan for 'non-payment of certain sums'
In Announcements/Broadcasts
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Apr 08, 2024
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[SONG BOH] Many vacant hawker stalls seen at Blk 504 Jurong West St 51 coffee shop
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Apr 07, 2024
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Pigu doctor Koh Poh Koon makes a mockery of himself yet again by suggesting one doesn't need more leave to get more rest!
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Apr 06, 2024
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SG offers criminals, crooks & kleptocrats one of the world's top secrecy jurisdictions to stash their illicit finances & proceeds from crime
In Current Affairs
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Apr 06, 2024
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AMDL says MBS sucks balls, cites reasons why tourists shouldn't spend the night there
In Chillin' In The Lounge
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Apr 04, 2024
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TaiWan Night Markets at Cathay Cineleisure Orchard has become an utter ghost town less than a year after its opening....
In Chillin' In The Lounge
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Mar 27, 2024
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S. Iswaran is in "RAIL" trouble.
In Current Affairs
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Mar 26, 2024
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Complete coverage by Wanbao of the Raeesah Khan saga
In Current Affairs
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Mar 19, 2024
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Taylor Swift panties kym?
In Chillin' In The Lounge
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Mar 08, 2024
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Japan Food Town shuttered on Feb 29, lease terminated by landlord Isetan for 'non-payment of certain sums'
In Announcements/Broadcasts
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Mar 08, 2024
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GREAT DEALS /PROMOTIONS/ NEW OPENINGS THREAD
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Mar 08, 2024
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Taylor Swift panties kym?
In Chillin' In The Lounge
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Mar 05, 2024
Debate heats up as Singapore prime minister says exclusive Taylor Swift deal isn’t ‘unfriendly’ Singapore Prime Minister Lee Hsien Loong said Tuesday that a closed-door deal for Taylor Swift to perform in the city-state ensured she would not perform in other Southeast Asian countries during her Eras tour. ″(Our) agencies negotiated an arrangement with her to come to Singapore and perform and to make Singapore her only stop in Southeast Asia,” he said at a press conference at a regional summit in Melbourne, according to Reuters. The statement is the first confirmation from the city-state that the agreement for Swift to perform in Singapore contained exclusivity terms preventing her from performing in other countries. On Monday, Edwin Tong, Singapore’s minister for culture, community and youth, declined to answer this question twice during a parliamentary session. He also did not reveal the size of the grant to Swift, but stated the amount is “not anywhere as high as speculated.” “Due to business confidentiality reasons, we cannot reveal the specific size of the grant or the conditions of the grant,” he said. The issue gained prominence on Feb. 16 when Thai Prime Minister Srettha Thavisin alleged Singapore gave Swift’s team between $2 million and $3 million per show, in exchange for not performing in other regional cities, according to The Bangkok Post.   A diplomatic thorn The payment of a grant to Swift’s promoters has become a diplomatic thorn for Singapore, prompting criticism from neighboring countries for brokering a deal that shut them out from the highest-grossing tour of all time.   Member of the Philippine House of Representatives Joey Salceda said this “isn’t what good neighbors do” and added that such agreements are contrary to ASEAN principles, according to local media. Lee on Tuesday disputed this characterization, saying, “It has turned out to be a very successful arrangement. I don’t see that as being unfriendly.” Swift’s six concerts in Singapore are expected to pump between $260 million and $372 million into the island’s economy, assuming 70% of concertgoers come from overseas. During her first three concerts in Singapore, Swift asked her audience to applaud — first the locals, then those who had traveled from overseas to come to the show. In every instance, the applause of travelers was far louder. Average daily rates at hotels in Singapore rose from $256 to $400 this week, with bookings up 92% from travelers coming from Malaysia, 111% from Thailand and 189% from Indonesia, according to the travel software company RateGain. Swift’s tour prior to Eras, her Reputation Stadium Tour in 2018, included only one stop in Asia — Tokyo. But her previous tours — Speak Now, Red and 1989 tours — included stops in Shanghai, Hong Kong, Indonesia, Philippines and Malaysia. Shrewd or selfish? Singapore’s agreement has sparked a debate on whether this is just smart dealmaking or greed.   “It certainly was a bold, shrewd strategic move for Singapore,” said Selena Oh, a Singapore-based communications director. But others say a winner-takes-all mentality harms regional tourism industries, which are still recovering from the pandemic, as well as fans who can’t afford the steep travel prices to see Swift in person.   “Slightly selfish with ONLY Singapore in mind and not the wider region. Clearly [Singapore authorities] aren’t very caring for anyone other [than] themselves,” said Christian de Boer, a Cambodia-based hotel managing director. Some liken the deal to how cities vie to host major sports events, such as the Olympics, the Super Bowl and the World Cup. “Did anyone protest when F1 decided to come to Singapore?  Is anyone pretending that there were no monetary or other material considerations?” said Irene Hoe, a Singapore-based editorial consultant. Concerts — which see artists traveling from city to city to reach their fans — haven’t always been this competitive. But that may be changing as experience-led tourism pushes concerts into money-making juggernauts, with fans willing to travel across continents to see their favorite artists. A ‘mean’ deal? During Monday’s Parliamentary session, Singaporean politician Gerald Giam asked Tong whether the Singapore government negotiated to make the island Taylor Swift’s only “blank space” in Southeast Asia, referencing her smash hit of the same name. “And did it realize that this may be perceived by some of our neighbors as being mean?” he asked. Tong replied, “You have to make your calculations and work out what’s in Singapore and Singaporeans′ best interest.” https://www.cnbc.com/2024/03/05/debate-heats-up-as-singapore-pm-says-taylor-swift-deal-isnt-unfriendly.html
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Here's irrefutable proof why South Asians are smarter than us.
In Jobs Classifieds (Hiring)
Taylor Swift panties kym?
In Chillin' In The Lounge
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Mar 02, 2024
Bad blood over Singapore Taylor Swift Eras tour subsidies In the glitzy Asian city-state of Singapore, the sequins are out, limousines polished and hotel pillows plumped. The city's hosting Taylor Swift's Eras tour this week - an honour, but one that has come at a cost. That price was initially reported to be as high as S$24 million (£14m; $18m) for the six shows to be exclusive to the South East Asian country. Culture minister Edwin Tong has since told Singapore's CNA the figure was "nowhere as high" - although he still refused to be drawn on the exact figure. The broadcaster, however, suggested it may have been just S$2m for all six. But the fact any money had been spent only came to light after an outburst from the prime minister of Thailand, who accused Singapore of paying concert organisers US$2-3m per night. That triggered criticism across the region. In the Philippines, a lawmaker criticised the move, saying "this isn't what good neighbours do" - and called for a formal protest against the grant. But while governments are seeing red - it's the fans who are paying the price, literally. Swift is heard everywhere across South East Asia, home to roughly 700 million people - from alleyways in Ho Chi Minh to taxi cabs in Bangkok. So for many it was a punch in the guts to learn all six shows would be held in the region's most expensive city. Singapore's currency - one of the strongest in Asia - has long been a deterrent for visitors. But for a chance to see their idol, many of her fans are willing to grin and bear it. Look what you made me do Flight-loads of fans have been touching down at Singapore's Changi Airport all week, many coming from China and its territories. Swift isn't playing in China so Singapore is the next best thing for many. One woman flying in from Shenzhen told the BBC she and her friend had spent S$1,200 each on tickets alone. They've resorted to camping at a friend's house after hotel rates across the city surged. On the luxe end of things, the city's landmark hotel Marina Bay Sands has sold out of its S$50,000 Swift packages which included four VIP tickets and a three-night stay in a suite. Then there's 22-year-old Allen Dungca in the Philippines, who scraped together his wages to take him and his mother to Singapore. This Thursday, they'll take a four-hour bus ride to Manila, stay at an airport motel for the night, then grab their dawn flight the next day. The enterprising student snapped up the travel package back in July. He eventually tracked down the tickets on a resale night, after weeks of desperate hunting. "I am very lucky," he says of the S$400 outlay for seats in the nosebleed section. "The seller was kind and not a scalper." Resales now are going for thousands. And he had almost fallen for a scam, a shady character named Pat Steve, later exposed online. He estimates the whole endeavour is costing him S$2,000 - the monthly income of an upper-middle class family in the Philippines, a country where a fifth of the population lives under the poverty line. "Right now, I'm a student with a part-time job and I can afford my wants and needs. But it's sad, other Swifties don't have any means or budget to watch her overseas and I know most Filipino Swifties love her so much." The Philippines arguably has the most ardent Swift fan base - Spotify data showed Quezon City in Manila had played the most streams of the singer last year. The pop star has toured in the Philippines before - but the bag of money from Singapore undoubtedly sweetened the deal, say analysts. Clean, modern Singapore has long been seen as a base in the region for big events. It has the infrastructure, the transport links and a high-earning, expat-heavy population. It's also seen as reliably stable in a region which has experienced political chaos. A decade ago Swift cancelled her shows in Thailand because of the military coup and resulting protests. Still, while it's common for governments around the world to give out subsidies and tax breaks to bring in events, the reported spend goes beyond anything else publicly known in Singapore. Samer Hajjar, a marketing lecturer at the National University of Singapore, says it's "above average" even for the city-state. And fans are quite blunt. "It's kinda greedy," says Mr Dunga. "But it's wise… because their economic response will be way more than that." But will it be though? Show me the money In Australia, the leg of the tour preceding Singapore, officials suggested the tour had provided a A$145m "uplift" in consumer spending. More than 570,000 tickets were sold across seven nights in Sydney and Melbourne, nearly double the number sold for Singapore's six shows. But not all of that money counts, says economists. More than 90% of show-goers were probably local, estimates KPMG's chief economist Dr Brendan Rynne, so their dollars would be "just a transfer from one category of spending (or saving) to another". Only foreign visitors would have been adding to the books - and they accounted for just 2% of visitors, he estimated. After doing the maths he projected Swift had added only A$10m (£5.1m; $6.5m) to GDP. Still, Australia didn't use public funds to have Swift play in the country, state government officials confirmed to the BBC. Neither did Japan, the only other Asian stop on the tour. Singapore has said Swift's tour will bring certain economic benefits to the country. But just how much net gain will be generated is unclear. The BBC has reached out to Singapore's tourism board but they have refused to reveal foreign visitor estimates or other modelling. A local bank, Maybank, has suggested that consumer spending may top S$350m - but that's based on the very optimistic prediction of 70% of attendees being from out of town. Even Singapore's Formula One Grand Prix only saw 49% of spectators from overseas in 2022, with a record 300,000 crowd. When pressed on the numbers, Maybank's economist Erica Tay could not provide specifics, saying the 70% rate was based on Singapore's "potential catchment" and the bank was not interested in estimating net profit. "Six concerts may not move a nation's economic growth materially, but the strategic value of Taylor Swift's endorsement of Singapore as a tourism destination outweighs that one-off boost," she said. But business professor Julien Cayla from Singapore's Nanyang Technological University points out that public spend should be scrutinised - especially when it's only revealed to citizens by another country's government. And in a country where welfare benefits are relatively limited - it could be seen as a fraught spend. "To justify spending [reportedly] S$24 million on something that on the surface might not seem that critical to the economic health of the country over spending on people and public services… there's a tension there," Prof Cayla said. Nonetheless he and others say that when it comes to planning tourism, governments have mandate to throw around money and Singapore isn't an exception. "They don't necessarily like to advertise it. But the minute the government sees something that fits into a long-term strategy, it will sink government money in to support that," he says. In a way, Singapore has just brought in Swift the same way it currently attracts huge multinational corporations. "What's different here is that Taylor Swift as a business, is a very emotional business," he said. "It's dealing with the emotions of 10-18 year olds, who are very sad to not see the concert happening in Bangkok or Jakarta." And in the words of the songstress herself, that's caused a lot of bad blood. https://www.bbc.com/news/world-asia-68379688
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Japan Food Town shuttered on Feb 29, lease terminated by landlord Isetan for 'non-payment of certain sums'
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Feb 29, 2024
Singapore gym chain Ritual ceases operations, customers seek refunds SINGAPORE: Singapore gym chain Ritual has ceased operations at all four outlets here, saying it has placed the company in provisional liquidation. It informed customers of the decision in an email on Thursday (Feb 29), saying: “Unfortunately, despite our best efforts to continue operating, we have decided to close the business and have ceased operations at all locations in Singapore." The boutique gym is known for offering 20-minute high-intensity interval training (HIIT) workouts. Its four affected outlets are at Holland Village, Orchard Road, East Coast and Tiong Bahru. Co-founded by former mixed martial arts fighter Brad Robinson and fitness coach Ian Tan, Ritual opened its first outlet in Boat Quay in 2013. It also has outlets overseas, owned by franchisees, in Brazil and Spain.  "While we have placed the company into provisional liquidation, we are also exploring ways to get the Ritual experience back up and running as soon as possible," the company said in its email to customers.  CUSTOMER COMPLAINTS Some members left comments on Ritual's latest Instagram post, expressing their disappointment at the closures and asking for refunds. Some said they had already paid for their membership subscription two days ago or still have “credits” left unused. “I have six months already paid up,” read one comment. A member who only wanted to be known as Mrs Tan told CNA that she was “very sad” about the closures, which felt like the “end of an era”. "I'll never find another gym like Ritual,” she said. Another customer who wanted to be known as Kyle described Ritual as a “great homegrown brand” but said the announcement did not come as a surprise.  “The abrupt closure of their first branch which served the central business district (and) the community building events that did not appear to cohere with the core brand ... It did not come as a great surprise when I received the email announcement today,” said Kyle, who has trained at Ritual since 2015. CNA has contacted Ritual for more information about potential refunds and how many employees would be affected by the closures. In its email to customers, Ritual said that the appointed provisional liquidators are Cameron Lindsay Duncan and David Dong-Won Kim of KordaMentha, who will handle “all necessary proceedings” and write to members regarding the provisional liquidation process. Members were also asked to contact the provisional liquidator’s office if they have queries. “We are immensely grateful for the unwavering support you have shown us, and we cannot express enough gratitude for the community we've built together,” it added. https://www.channelnewsasia.com/singapore/ritual-gym-chain-closes-singapore-customers-refunds-4160301
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