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Sylvia Lim and Pritam Singh stay on to lead Workers’ Party into next General Election

SINGAPORE: The Workers’ Party leadership going into the next General Election remains essentially the same, with Sylvia Lim elected again as Chair and Pritam Singh as Secretary-General.

The party held its Cadre Members’ Conference on Sunday (June 30).

It has also announced the 12 members of its Central Executive Committee (CEC), which sees the return of Lee Li Lian, who served as Member of Parliament for Punggol East SMC from 2013 to 2015.

The other CEC members include the party’s current MPs, including Gerald Giam and Muhamad Faisal Abdul Manap (Aljunied GRC); He Ting Ru, Louis Chua, and Jamus Lim (Sengkang GRC); and Dennis Tan (Hougang SMC), as well as former Aljunied MP Low Thia Khiang, who had been the WP’s Secretary-General from 2001 to 2018.

WP Youth Wing President Nathaniel Koh, Ang Boon Yaw, Tan Kong Soon, and Kenneth Foo completed the CEC.

FB screengrab/ The Workers’ Party

Mr Koh contested the previous election at the Marine Parade. GRC was first elected into the WP CEC in 2022, as was Mr Ang, a lawyer who has volunteered with the party for the past 12 years.

Meanwhile, Mr Tan had first been elected to the CEC and served as a legislative assistant to Mr Low from 2013 to 2017.

The party announced in a June 30 media release that “the CEC appointment-holders will be announced in due course.

The new CEC has taken office, with a mix of members of different ages and backgrounds, and has started work with immediate effect.”

This means, among other things, that whether current Vice-Chair Faisal Manap will retain his position will be announced at a later date.

The WP had 13 members when it last elected its CEC in 2022. Two, however, stepped down last year.

Former Aljunied GRC MP Leon Perera and ex-WP Youth Wing head Nicole Seah resigned after their illicit relationship had been made public.

While the date of the next GE has not been announced, it must be held before Nov 23, 2025. However, speculation has been that it could be held as early as September.

Mr Singh, WP’s Secretary-General since 2018, was appointed Singapore’s first official Leader of the Opposition in 2020 after the WP won its second GRC and a record 10 seats in Parliament.

Ms Lim has been the party chairwoman since 2003. Like Mr Singh, she has represented Aljunied GRC in Parliament since 2011, first at Serangoon and then at Paya Lebar.

Previously, she was a Non-Constituency Parliament Member from 2006 to 2011. /TISG

Read also: Town councils report: Win-win for the Workers’ Party

HDB resale prices rose 2.1% in Q2 amid strong demand and supply constraints

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SINGAPORE: Housing Board (HDB) resale prices rose by 2.1 per cent in the second quarter of 2024, up from 1.8 per cent growth in the previous quarter.

This marks the 17th consecutive quarter of rising prices, starting from the second quarter of 2020, according to figures released by HDB in their flash estimates on July 1.

The Straits Times reported that in the second quarter of 2024, 7,208 HDB resale flats were sold, marking a 14.5 per cent increase from the same period in 2023, when 6,297 units were sold.

HDB attributes this rise in resale prices and volume to strong demand across the market. The increase in demand, coupled with “some supply tightness” in the market, has pushed prices higher.

HDB noted that fewer flats reached their minimum occupation period (MOP) in 2024 compared to 2023, contributing to the supply constraints.

Given the elevated mortgage rates, HDB advised households to exercise financial prudence when purchasing flats.

They emphasised the importance of ensuring buyers can service their mortgages over the long term.

Although the overall economic conditions are stable, global uncertainties due to geopolitical issues could impact the market.

According to HDB, the Government is closely monitoring the property market and will adjust its policies as necessary to maintain stability and sustainability.

HDB plans to launch about 19,600 Build-To-Order (BTO) flats to meet the strong demand in 2024.

This follows the June offering of over 6,900 flats across eight BTO projects in areas such as Jurong East, Kallang/Whampoa, Queenstown, Tampines, Woodlands, and Yishun.

HDB will release about 8,500 flats across 14 BTO projects in Ang Mo Kio, Bedok, Bukit Batok, Geylang, Jurong West, Kallang/Whampoa, Pasir Ris, Sengkang, and Woodlands in October.

These flats will be categorised as Prime, Plus, or Standard based on their location.

Prime and Plus flats, closer to amenities like MRT stations and town centres, will have stricter resale conditions, such as a 10-year MOP and a subsidy clawback.

Standard flats, which comprise most of public housing, will have a five-year MOP and no major restrictions on resale buyers.

HDB advised homebuyers to get an HDB Flat Eligibility letter by Sept 15 to participate in the next BTO exercise. HDB confirmed it is on track to launch 100,000 BTO flats between 2021 and 2025. /TISG

Read also:  HDB resale prices up by 1.8% in 1Q 2024

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aespa dazzles their fans with electrifying performances at their 2nd solo concert in Seoul

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‘2024 aespa Live Tour – SYNK: PARALLEL LINE,’ aespa’s second solo concert, occurred in Jamsil Indoor Stadium in Songpa-gu, Seoul, on the 30th.

Their distinct stage presence was on full display as they opened with “Drama,” “Black Mamba,” and “Salty & Sweet,” then went on to “Supernova,” “Mine,” and “Illusion.”

“Thank you all for coming today as well,” Karina said as aespa met their MYs (fans) following the event.

“Let’s enjoy ourselves and make the most of this day,” Ningning added. Winter conveyed her enthusiasm at the night’s spirit.

Photo: Wikipedia/aespa

Impressive performance

aespa continued with “Thirsty,” “Prologue,” and “Long Chat,” impressing the audience with their performances and the elaborate stage setup, including wide-screen LED displays and fireworks.

Each member’s solo stage featured songs they had written and composed, showing their growth and talent since their first concert.

Giselle performed “Dopamine,” Karina did “Up,” Ningning showcased “Bored,” and Winter presented “Spark,” each receiving enthusiastic cheers.

Giselle shared her feelings on her solo stage, saying, “Have you topped out your dopamine? We spoke about everything and wrote the song. I will be glad to present it to you.”

Winter showed her appreciation for fans, “I wanted to be with MYs on my solo stage. I then built a system allowing me to pivot and highlight MYs.”

Special guest appearance

Special guests like Taeyeon, Hyeri, and John Park attended to support aespa. The group performed 26 songs, including new tracks from their first full album and hits like “Next Level” and “Spicy.”

The concert also featured a character from aespa’s universe, Navis, who added a unique touch.

Winter shared her emotions as the concert concluded, thanking MYs and expressing hopes for a larger venue next time.

Giselle expressed gratitude for the support and promised to show new sides in future concerts.

Karina thanked the fans, saying, “Because of you, we are complete.” Ningning noted their hard work despite limited time, aiming to give their best performance.

aespa will start a global tour in 14 Asian and Australian locations after the concerts in Seoul, and early the following year, the band will go to the Americas and Europe.

Singapore shares edge lower on Monday—STI down by 0.1%

SINGAPORE: Singapore shares edge lower on Monday, July 1, following a weak performance in global markets last week.

The Business Times reported that the Straits Times Index (STI) was down by 0.1% or 2.73 points, standing at 3,330.07 at 9:01 am.

In the broader market, 62 stocks declined compared to 54 that gained. 144.9 million securities were traded, amounting to S$73.9 million in value.

Asia-Pacific Strategic Investments was the most actively traded stock by volume, experiencing a significant 100% rise, increasing by S$0.001 to S$0.002, with 111.2 million shares traded.

This surge followed an announcement on Saturday that the company had entered into a conditional subscription agreement with IFH Technology for S$6.3 million.

The company plans to use almost half the net proceeds for general working capital.

About 30% will cover costs related to the acquisition of data solutions provider Mobii Genius, and the rest will be used to repay a term loan.

Other heavily traded stocks included Singtel, which saw a minor decline of 0.4% or S$0.01, bringing its price to S$2.74. In contrast, Seatrium increased by 0.7% or S$0.01, reaching S$1.39.

Banking stocks showed mixed results at the market open. DBS saw a modest increase of 0.3% or S$0.09, reaching S$35.88. OCBC also experienced a similar rise of 0.3% or S$0.04, closing at S$14.47.

However, UOB slipped by 0.4% or S$0.12, bringing its price down to S$31.21.

On Wall Street, stocks closed lower on Friday. This downturn followed the presidential debate, where Democrat Joe Biden’s performance faced criticism.

The Dow Jones Industrial Average fell by 0.1% to 39,118.86. Similarly, the S&P 500 dropped by 0.4% to 5,460.48, and the Nasdaq Composite Index decreased by 0.7% to 17,732.6.

In Europe, stocks also declined, affected by a fall in L’Oreal shares and political uncertainties in France.

The pan-European Stoxx 600 index ended 0.2% lower at 511.42, marking its fourth consecutive session of losses. /TISG

Read also: Singapore stocks lower again on Friday—STI dropped by 0.1%

Featured image by Depositphotos

Praise for Bertha Henson as she raises concerns about the way Govt revealed July scandals

SINGAPORE: Although it has been two weeks since veteran journalist Bertha Henson was interviewed as part of the Inconvenient Questions series by ex-Nominated MP Viswa Sadasivan, some of her remarks are still receiving interest and fresh circulation online.

The concerns she raised about how the government dealt with last year’s scandals has, especially, caught the attention of people online. A one-minute and 35-second clip from Ms Henson’s interview with the series’ host, former Nominated Member of Parliament Viswa Sadasivan, was shared last week on r/SingaporeRaw, titled simply “Bertha is upset.”

When asked by the host what upsets her, the former Straits Times and New Paper editor right away answered “So many things. Where do I start?”

She first talked about the timeline of the corruption case against former Minister for Transport S Iswaran. “I can’t get it. To me it was the openness, you know?”

Ms Henson followed this up with the extramarital affair of former House Speaker Tan Chuan-Jin, saying, “I cannot fathom how an MP can say, ‘I don’t care what you, my secretary-general says to me, or my Prime Minister says to me, I’ll just carry on’.”

Bertha Henson is upset
byu/granting_wishes inSingaporeRaw

She also said it was unfair for voters to have watched these incidents go on while being totally unaware of their undercurrents.

The issue, for her, was one of “being frank with the people who voted you in.”

Asking why Mr Tan was still allowed to stay in his position for a time “as though everything was ok,” even though officials had known for months about the issue involving him, Ms Henson noted that “that is not frank, not honest.”

Former Prime Minister Lee Hsien Loong said that he had spoken to Mr Tan about his relationship with Cheng Li Hui, his fellow MP in February 2023. The former Speaker admitted his wrongdoing and offered to resign, but Mr Tan was asked to ensure first that the residents in his ward were taken care of.

On July 17, 2023, Mr Tan and Ms Cheng stepped down and their relationship was made public.

Ms Henson directness appeared to lead some commenters to wish for more of this type of discussions.

“I miss political commentaries/ op-ed,” wrote one. “We need more people like Bertha Henson, Dr Cherian and Dr Donald Low and many others. Being pro Singapore, we should welcome civil discourse. We are in a bubble. Not a good place tbh.”

Another wrote, “It’s the little voices like hers that we need to the gears in our heads turning.”

Commenters on YouTube, where the interview was published, also agreed.

One wrote, “She is right about transparency issues,” while another opined, “Without openness and transparency in government cannot really say what is good.”

Another appealed to Inconvenient Questions to “Please do more of this kind of interview. We need more constructive interviews and eye-opening ideas that can develop for our nation.” /TISG

Read also: Veteran journalist urges PM to get rid of his image as a ‘last-minute compromise candidate’ who no one can take offence with

NEET Generation: Why Gen Z is opting out of traditional adulthood

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In a cultural shift that’s shaking up societal norms, a growing number of Gen Z members are choosing to do — nothing. According to recent statistics, the NEET generation is increasingly shunning traditional adulthood, embracing the NEET lifestyle—“not in employment, education, or training”—and it’s contributing to a spike in youth unemployment worldwide.

The International Labor Organization reports that nearly one-fifth of people aged 15 to 24 in 2023 are NEETs. The reasons behind this trend are complex and multifaceted. Research shows that Gen Z is struggling to reach traditional milestones due to lower earnings and mounting debt.

A study by TransUnion revealed that today’s 20-somethings have an average salary of $45,500, compared to millennials who earned $51,852 at the same age when adjusted for inflation.

‘NEET Generation’

Moreover, a November 2023 survey by CNBC and Generation Lab highlighted that 55% of young adults (18-34) find it significantly harder to buy a home, 44% find it harder to secure a job, and 55% find it harder to get promoted compared to their parents’ generation.

Anette Suveges, a 27-year-old account executive in public relations, encapsulated this sentiment when she said, “I’m just focusing on the present because the future is depressing.”

Many Gen Z individuals prioritize “protecting their peace” over diving headfirst into the corporate grind. Some are open to working but reject the idea of building a traditional career.

Well-being over ambition

The 2023 study indicated that 40% of surveyed young adults prefer non-traditional job opportunities, seeking roles with flexible hours, minimal overtime, and low-stress environments. Teaching, despite its low pay but ample vacation time, has become an attractive option for many motivated Gen Z graduates.

Concurrently, Gen Z is grappling with a mental health crisis, leading to higher rates of job absenteeism compared to Gen X. The Resolution Foundation, a think tank, pointed out a worrying trend — young people in their early 20s are more likely to be out of work due to ill health than those in their early 40s.

As Gen Z navigates these economic and mental health challenges, their choice to embrace the NEET lifestyle reflects a broader shift in values and expectations. The traditional milestones of adulthood are being reevaluated, and in their place, a new definition of success is emerging—one that prioritizes well-being over relentless ambition.

Source: More Gen Zers are becoming NEETs — what does it mean and is it a bad thing?

Related Stories:

Back home: Why more young adults are living with their parents

 Robert Kiyosaki: Millennials should rethink pursuit of passio 

Second Home: Gen Zer buys desert oasis for $200

Life skills for Gen Z to thrive

Millennials and Gen Z: Changing the 2024 US election landscape

 

The post NEET Generation: Why Gen Z is opting out of traditional adulthood appeared first on The Independent News.

Turbulent times for Biden: Debate fallout sparks calls for withdrawal

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President Biden’s lackluster showing at Thursday’s debate has sent shockwaves through Democratic ranks, with concerns intensifying among Capitol Hill Democrats, administration allies, and left-leaning media commentators. These are turbulent times for Biden and some called for him to withdraw from the upcoming November election.

Editorial boards and editors from prominent publications such as The New York Times, The Atlanta Journal-Constitution, and The New Yorker have joined forces with well-known cable commentators and columnists to press the president aside and allow another candidate to take the lead.

Turbulent times for Biden

The Washington Post‘s editorial board stopped short of urging Biden to drop out, instead recommending he cancel weekend plans “in favor of some soul-searching.”

In an op-ed titled “To Serve His Country, President Biden Should Leave the Race,” the Times’ board criticized Biden’s debate performance, describing him as “the shadow of a great public servant.” They argued that there are “Democratic leaders better equipped to present clear, compelling, and energetic alternatives to a second Trump presidency.”

Following suit, pieces from the AJC’s board and a New Yorker editor echoed similar sentiments, suggesting that the current president is not the best candidate to defeat an unrestrained former President Trump. The New Yorker proposed potential Biden replacements, including Michigan Gov. Gretchen Whitmer, Sen. Raphael Warnock (D-Ga.), Pennsylvania Gov. Josh Shapiro, and Maryland Gov. Wes Moore, who they believe could energize Democrats and independents, inspire younger voters, and beat Trump.

MSNBC host Joe Scarborough’s questioning of “whether this man we’ve known and loved for a very long time is up to the task of running for president of the United States” is particularly damaging to Biden, who often seeks Scarborough’s opinions on key issues.

Not Biden but Trump

New York Times columnist Thomas L. Friedman echoed Scarborough’s tone in a Friday op-ed, writing that watching the man he considers a friend struggle on the debate stage made him weep.

The Philadelphia Inquirer had a different takeaway, shifting the scrutiny from Biden to Trump. “The debate about the debate is misplaced,” the paper’s editorial board wrote. “The only person who should withdraw from the race is Trump.”

Source: Biden gets more media pressure to step aside in 2024 race

Related Stories

Democrats panic after Biden-Trump debate, want new candidate for president

Biden falters against Trump in debate

 

The post Turbulent times for Biden: Debate fallout sparks calls for withdrawal appeared first on The Independent News.

Omission in covering GeBIZ info on Founders’ Memorial cost comes to fore as ELD tender is reported

SINGAPORE: On June 21, the Elections Department (ELD) called for quotations for the supply and delivery of 10 mobile workstations in preparation for the General Election. Though no date has been announced for the next GE, they must be held before November 23, 2025, although there has been speculation that they will be called for as early as September of this year.

The ELD posted the tender on the Government Electronic Business (GeBIZ) portal, with 1:00 pm on July 5 given as the deadline. GeBIZ is the government’s central platform for e-procurement, where all invitations for quotations and tenders are posted.

The Straits Times published an article about the tender for the mobile workstations on Saturday (June 22), including the details of their technical specifications.

Over on Reddit, some users on the platform are wondering why ST looked into the bids on GeBIZ for information regarding the tender for the mobile workstations but did not do so for official records on the cost of the Founders’ Memorial.

The memorial, which began construction earlier this month, is scheduled to open in 2028. According to publicly available data from the Building Construction Authority’s online database for March 2024, the memorial will cost $235,660,000 to construct, which many in Singapore learned about through a post on Reddit.

Read also: S$1M for each SG baby born next year is better than spending S$200M on Founders Memorial, Singaporean suggests

The ELD’s tender for the mobile workstations was also the subject of a Reddit post from June 21, which featured a screenshot of the invitation to bid.

This appeared to lead one Reddit user to comment, “makes you wonder why ST chose to republish this Reddit post but not the previous one.”

Senior Minister Lee Hsien Loong attended the groundbreaking ceremony for the Founders’ Memorial Singapore at Bay East Garden on June 5, writing in a Facebook post that he was delighted to do so.

He wrote that the memorial would tell “our Singapore Story” and honour the country’s founders, including his father, Lee Kuan Yew, who had served as Prime Minister from 1959 to 1990, “as well as other important leaders in the public, private and people sectors in our first two decades of nation building (1950s-1970s).”

The date of the groundbreaking was a historical one since it is the anniversary of the swearing-in of Singapore’s first Cabinet as a self-governing entity in 1959.

The memorial was designed by, Kengo Kuma & Associates, an architecture firm in Japan, together with K2LD Architects, a local company.

Read related: Hefty $235M cost of Founders Memorial and $599M cost of NS Square raises concerns on use of taxpayer dollars

PM sparks criticism by suggesting Singapore should embrace broader definition of succession

SINGAPORE: Prime Minister Lawrence Wong recent suggestion that Singaporeans should broaden their definition of success hasn’t gone down well with everyone.

In a video last week, he said, “I want to see a Singapore where every Singaporean matters, where everyone is valued for who he or she is, one where we can all strive to be the best possible versions of ourselves. One where our success is defined by how we help each other to do well collectively.”

@lawrencewongst

Here are my thoughts on what #success means for us as a people. Watch my full video on #YouTube (link in bio) & share your thoughts with me. #Singapore

♬ original sound – Lawrence Wong – Lawrence Wong

While there were some netizens across the different social media platforms who expressed support for and even praised the Prime Minister for this message, the majority of Singaporeans on online forums appeared to take a negative attitude toward his expanded definition of success.

Bringing up concerns like jobs, inflation, living costs, wages and healthcare, many asked if the PM is saying that the traditional definition of success they have worked for all their lives is out of reach.

On Reddit, the most-upvoted comment says: “What he’s really saying is that 5Cs are now solidly out of your reach so pls find other ways to be happy and continue working for our GDP.”

For decades, what Singaporeans aspired for revolved around the 5Cs—cash, car, credit card, condominium, and country club membership— although all these are material things and can be perceived as being in opposition to what the Prime Minister was talking about.

One Reddit user wrote that what he now aims for is to earn enough for what they need daily plus some savings. Unlike previous workaholic generations, he feels that they don’t need to ruin his health for the sake of a pay raise.

He added that they want a life outside of work, but not the traditional path of having a wife and family. “Life is too short, just enjoy it,” he added.

The old definition of success has “been out of reach for a while,” another chimed in.

A commenter’s disillusionment was nearly palpable, writing, “You can’t drill us with the attitude of materialism above all for decades and generations, then suddenly when they realize it’s not a feasible mindset to maintain amongst the people, to try and hand wave all of the discontent away by saying ‘Well there’s more than one way to be successful!’”

Another appealed for the ruling party to walk the talk, advising them to “Downgrade your house, take MRT, eat at coffeeshops, send your kids to neighborhood schools, go to govt hospitals and wait the whole day for a bed and few months for a test just like us normies.” /TISG

Read also: Lawrence Wong’s walkabouts: Be PM for all, including Workers’ Party wards and leaders in the programme

“Why haven’t you found a job yet?” — Man’s sister looks down on him after she got her master’s degree and stable job

SINGAPORE: When life gets tough, we usually seek support from our family. However, for one 30-year-old man, his own sister looked down on him when she found out he was losing his job in a month.

“Ever since she finished her masters I feel like she looks down on me saying things like ‘Whatever you say lor, I don’t understand your thought process, why haven’t you found a job yet?’

Whatever you do just make sure you got money to sustain yourself,” he wrote on r/askSingapore on Saturday (June 29).

He mentioned that things got worse after she landed a job she loves post-graduation.

Whenever he brings up ideas like selling stuff on Carousell or even trying to sell veggies in wet markets, which might not bring in much cash but would make him happy, she shoots them down as unrealistic.

“What she thinks is that we have to do something realistic and bring in income, and I have to do a job regardless if I like it or not,” he said.

While he acknowledged her sister’s point and agreed that financial stability is important, he feels that her sister doesn’t understand “his perspective,” which added to his stress.

“I feel like I’m at the age where I can no longer experiment with my career and I should find one and stick to it for the rest of my life.

I don’t want to be in a spot where I waste another year in a job and be back at the bottom again because I’ve changed industry,” he explained.

The man shared that he’s been working since 2016 and has always taken jobs regardless of “whether he liked it or not” to pay for his studies and living expenses and to support his family financially.

Unfortunately, his current research-based role ends after a year and a half due to funding running out.

“I am willing to gamble on risky/unrealistic opportunities, upskilling myself, and trying something new while being inexperienced.

I don’t want to relinquish myself into a place where I am dispensable and be fearful of everything I do in a company, but many times I just don’t know where to start or how to start.”

“Don’t care what your sis say lah, part time masters only doesn’t give her the rights to haolien.”

In the comments section, netizens offered heartfelt advice to the man, encouraging him to tune out his sister’s critical comments and not succumb to societal pressures.

They stressed that he should pursue activities that bring him joy and fulfillment, such as starting his own business or engaging in online sales through platforms like Carousell.

One netizen said, “Your sister is not helping you at all except to shoot down your efforts or ideas, so try to disregard her remarks.

May I suggest that since you’re passionate about sales, you can explore if there are any mentorship programmes available for it or read up on people’s experience online.”

Another commented, “Don’t care what your sis say lah, part time masters only doesn’t give her the rights to haolien.”

Some also reassured him that at 30 years old, he still has plenty of time to achieve success. They noted that many people, especially men, only find economic success later in life, sometimes not until their late 40s or even their 60s.

They emphasized that there is no single path to success, and sometimes, the most unconventional ideas turn out to be the best ones.

However, they cautioned that without taking action and learning from these ideas, they will remain mere fantasies.

A few also commended him for financially supporting himself over the years. One netizen wrote:

“Sir, you are a hustler and you have my respect for that. Keep your sense of independence and that positive attitude of self improvement.”

Still, others thought that he should heed his sister’s words. One netizen pointed out that it’s not easy being an entrepreneur or living off selling things on Carousell or the wet market.

He added, “Life is harsh and unforgiving. Your sis is right. If you want money to survive you have to take on jobs you don’t like. Ride it through and source for other opportunities in the meantime.”

Read also: “Give us a grandchild or give up your pet animal and family!” — SG mother threatens her son and wife, forcing them to have kids

Featured image by Depositphotos