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Singapore in Danger of Severe Economic Downturn?
- Strong Eagle
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Singapore in Danger of Severe Economic Downturn?
http://www.bloomberg.com/news/articles/ ... llar-falls
Petrochem down 35 percent. Electronics down 12.9. Sales to China down 17 percent, down 19 to US, down 23 to Indonesia... those are big numbers.
Then... continue to kill the local economy with overly restrictive labor practices... can you say, "it's gonna get ugly?"
Petrochem down 35 percent. Electronics down 12.9. Sales to China down 17 percent, down 19 to US, down 23 to Indonesia... those are big numbers.
Then... continue to kill the local economy with overly restrictive labor practices... can you say, "it's gonna get ugly?"
Re: Singapore in Danger of Severe Economic Downturn?
Indonesia is mulling lowering corporate tax to same level as Singapore and creating some tax havens. If that happens it will be interesting.
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Sent from my Redmi Note 2 using Tapatalk
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Re: Singapore in Danger of Severe Economic Downturn?
Oz authorities are warning pregnant women not to travel to Singapore because of Zika... so tourism will probably take a hit as well - anyone with pregnant women at home will think twice about travelling.
Re: Singapore in Danger of Severe Economic Downturn?
Tourism is down 8% already Y-Y. I know the F1 crowd was down.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
Re: Singapore in Danger of Severe Economic Downturn?
Not sure how much of an indicator this is, but I know a number of maids looking for work and have been for months in some cases. In the past the same girls could pick and choose their employers.
Re: Singapore in Danger of Severe Economic Downturn?
The F1 was down to 73k per event. That's from the inaugural which had over 100k. 15% down on late year. I can't wait for the whole elitist pile of dog crap to disappear. Never has a country given up so much convenience for so little return.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
Re: Singapore in Danger of Severe Economic Downturn?
Yeah, we went to Marina square to get a view of the F1. It was totally unplanned and we were expecting huge rush in trains, like we experienced during those New Year fireworks. But we were surprised by how empty the trains were. We got a good view of the race from various corners of the Marina Square mall, for free 

Re: Singapore in Danger of Severe Economic Downturn?
Excellent Work WD40.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
- rajagainstthemachine
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Re: Singapore in Danger of Severe Economic Downturn?
are you praising him in his contribution to Singapore's Economic downfall ?PNGMK wrote:Excellent Work WD40.

To get there early is on time and showing up on time is late
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Re: Singapore in Danger of Severe Economic Downturn?
They will sell their soul just for a little bit of $$$$ advantage (very sad) ! Or prestige (Joseph Schooling gets paraded in a double deckerPNGMK wrote:Never has a country given up so much convenience for so little return.

You have hit the nail on its head. That has been the simplistic, short sighted thinking of those who plan the economy. It goes like, hmnnnnnnnn....... how do I generate economic growth and wealth for this country? By attracting people with wealth and the kind of activities enjoyed by them. Rather than investing in its own people. Encouraging enterprises (yes, it means accepting failures), an education system that educates the mind (get rid of those silly censorship laws) and allowing them to exercise their creativity and ingenuity (yes, even when they don't toe the official lines ) .
Good for you WD40. For not supporting their modus operandi. It is simply not sustainable. This way of doing business. Cutting corners and taking short cuts.
Last edited by earthfriendly on Wed, 21 Sep 2016 3:37 am, edited 1 time in total.
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Re: Singapore in Danger of Severe Economic Downturn?
earthfriendly wrote:They will sell their soul just for a little bit of $$$$ advantage (very sad!). Or prestige (Joseph Schooling gets paraded around in a double deckerPNGMK wrote:Never has a country given up so much convenience for so little return.) .
You have hit the nail on its head. That has been the simplistic, short sighted thinking of those who plan the economy. It goes like, hmnnnnnnnn....... how do I generate economic growth and wealth for this country? By attracting people with wealth and the kind of activities enjoyed by them. Rather than investing in its own people. Encouraging enterprises (yes, it means accepting failures), an education system that educates the mind (get rid of those silly censorship laws) and allowing them to exercise their creativity and ingenuity (yes, even when they don't toe the official lines ) .
Good for you WD40. For not supporting their modus operandi. It is simply not sustainable. This way of doing business. Cutting corners and taking short cuts.
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Re: Singapore in Danger of Severe Economic Downturn?
Please delete the duplicate post above. Thank you.
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Re: Singapore in Danger of Severe Economic Downturn?
Not sure if it's just me, but it seems that the major shopping malls are a lot emptier these days... Tangs, Paragon and other Orchard Road malls.
Easier to get a table at a restaurant or cafe too. The other day we were at this Vivo City Thai place and we could easily change tables a few times (the downlights were affecting my friend's migraine) because it was so empty during lunch.
Easier to get a table at a restaurant or cafe too. The other day we were at this Vivo City Thai place and we could easily change tables a few times (the downlights were affecting my friend's migraine) because it was so empty during lunch.
Re: Singapore in Danger of Severe Economic Downturn?
It's not just you.toorak_girl wrote:Not sure if it's just me, but it seems that the major shopping malls are a lot emptier these days... Tangs, Paragon and other Orchard Road malls.
They really are emptier, as are the sidewalks, etc.
- rajagainstthemachine
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Re: Singapore in Danger of Severe Economic Downturn?
have you seen orchard road on a Friday evening? or a Saturday afternoon? where is everybody ?
To get there early is on time and showing up on time is late
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