Latest Update : SIRS for self employed will be paid on 27th May (Wed)
Why am I getting so much problems from the Singapore and US govts? Because I am a money tree and if I get out of Singapore, the US and Singapore govts cannot control me so they try everything to prevent me to get out of Singapore, they never realised the outcome is the same, they will not get a single cent as I will not liquidate a single technology and I have already given all my patent rights to UN China, so it will not matter if I disappear, the outcome is the same. Contributed by Oogle.
Countries with the most debts : Singapore: 114.6% of GDP
You think our ministers insane or not?
PAP TASKFORCE HAVE ONCE AGAIN DISREGARD THE SOLE PROPRIETORS AND SMALL BUSINESSES.
Today, the Taskforce announced that 1/3 of the employment workforce will resume operation on 2 June known as Phase 1. As for Phase 2 which involves the general retail businesses and sole proprietors, this category of people may have to wait for 3 to 6 more months. Nothing was mentioned about reimbursing or supplementing that extended CB measures to this category of owners and employees. Likewise, when the PAP Taskforce extended one more month of CB till 1 June, there was no measures to highlight financial difficulty faced by the sole proprietors and small businesses while the government poured billions to help the GLCs and even those super rich dormitory owners who flouted the Law and mostly ran by their own kakis.
I’m in retail business. As mentioned, the waiver of property tax only help to offset 1/3 of the monthly rental. I still need to pay 2/3 rent for the month of May, full rental for June and 25% salaries + full CPF to my employees. 2 months and the losses already reached $50,000. Today, the Taskforce announced that the retail owners may only resume business operation in about 3 to 6 months later and there isn’t an assistance package. With this announcement, I’m ready to inform the landlord that I’m closing all my 6 retail shops and break the tenancy agreement and lay off 10 Singaporean workers without any retrenchment or severance packages.
Being the chairman of the 7th month ghost festival for 2 of the shopping mall, I received many inquiries from the shop owners in both the shopping mall and when they heard it may take another 3 to 6 months to resume business, ALL OF THEM will be doing the same to shut down business since the PAP government is only keen to help the GLCs, MNCs and dormitory owners.
I believe all the shopping malls in Singapore will be empty. More than a hundred thousand retailers and sole proprietors will cease business and some will go into bankruptcy. At least 500,000 business owners and workers from the retail business will be jobless and when that happened, the Singapore economy will collapse. PAP will be very happy to see more people in poverty as it doesn’t concern them and their friends who are paid millions by taxpayer. When there are too little taxpayer left to pay them millions, they will fled Singapore and retire in luxury with all their well planned get rich scheme.
I’m speaking here on behalf of all the sole proprietors, small businesses and retail owners.
IT expert with more than 20 years experience in Multiple OS, Security, Data & Internet ,
Interests include AI and Big Data, Internet and multimedia. An experienced Real Estate agent, Insurance agent, and a Futures trader. I am capable of finding any answers in the world you want as long as there are reports available online for me to do my own research to bring you closest to all the unsolved mysteries in this world, because I can find all the paths to the Truth, and what the Future holds. All I need is to observe, test and probe to research on anything I want, what you need to do will take months to achieve, all I need is a few hours.
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