Business Climate

[ksl]

Would like to hear if other business is feeling the effects of rising costs?
Just for a general picture of the climate here!

Think we have seen an increase of 15 -20%

[mrswkn]

One of it is increased CPF contribution.

[sundaymorningstaple]

half of one percent? that was taken away from us a couple of years ago? that's not an increase in costs, just an decrease of the change that went into the director's pockets.

[ScoobyDoes]

We're not coming up against many problems associated with rising costs..... just a lower business volume

I don't know if that is a result of my clients feeling the effects instead, though, in which case my indirect answer would also be yes I'm feeling the effect.

[ksl]

scoobydoes:just a lower business volume

Interesting, yes i agree business volume is not improving on 2010, Though we are in F&B import, distribution, seeing costs rise on import, food price, fuel, vehicle maintenance insurance and such. ERP charges and parking fees are ridicules and we can only deliver in the day time.