Tuesday, May 12, 2020

Profitable companies return subsidies under Job Support schemes

Some profitable companies, such as banks and pharmaceutical companies, have returned the subsidies given by the government under the Job Support schemes.  Their action is laudable. However, some other profitable companies may pocket the subsidies.  This shows the weakness of the approach adopted by the finance minister to help business meet the cost of the circuit breaker measures. What is a better approach? https://tklcloud.com/Feedback/feedback2.aspx?id=2984

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2 comments:

Anonymous said...

So scary. Supposed to be a lockdown, instead, turn into riots, murder, attack with weapons and fights. What is happening to the country. The education system only fighting to produce paper results?

May 12, 2020 6:29 PM
Anonymous said...

FAKE NEWS! DO NOT BELIEVE!

Finally the figures are revealed. 323,000 work permit holders living in dormitories. And 664,000 NOT living in dormitories.

For the longest time, the goverment refused to reveal the breakdowns.

Now we know. A million work permit holders. At least a third are paid so little, they have to be housed in dormitories.

The FW levies ranges from $300 to $950.

Lets take the median at $600. The goverment rakes in $7.2 billion of FW Levies annually.

One Dormitory owner makes 52 millions profit in year 2019.

They are blood sucking bastards, making millions exploiting these poor FW and providing such a poor living conditions and welfare.. 😡

FAKE NEWS. SO FAR THEY HAVE BEEN VERY HONEST IN REVEALING ALL EVERYTHING.

May 12, 2020 11:20 PM

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