News do not report much but from your real life experience. How is the economy in sinkapore now?![]()
Cost is slowing creeping up like a slow growing cancer.....food prices have risen quietly, if there is no increase, the quantity & quality slide downwards..that goes with beverages like coffee, tea... transport costs remained flat....but can't tell if they are cheating me, when I uses the Ezlink card..it seems to deplete faster than normal...like I had mentioned, 'a slow moving cancer'...many old style shops are closing down, slowly one by one....mini wet markets, mini sweets/confectionery shop, stationery shop, mini mart, old style barber shop , hardware store, provision store, photo developing studio, medical halls ( these help to stretch your dollar) etc...I think HBD had raised rentals...while newer ones are coming up in newer flats...where there are CHEERS...Farce Price mini mart....bakery etc...
Salary, bonuses if any...remained stagnant...one is over 30 years old, the shadow of that 'creature with the shearing plough' hangs over you & the FT's....slowly but surely increases in number at the work place....
Many are living it up, on borrowed time.....outwardly looking prosperous...dining, wining & driving cars they could not afford..etc..
The PAP is still surviving thanks to the 70%...is still 'sucking' the economy & soon, be asking for MORE....some businesses are closing down & many downsizing or cost cutting by getting rid of Singaporeans & employing FTs.....that is how is the economy....hmmm
i heard those ah neh FTs at changi business parks are not cheap to hire. most of them are vp and avp and they cost $5-7 k each month to hire. what is the pap cheaper labour cost by hiring FTs?
What Changi Business Park? I have a friend & plenty of 'token Singaporeans' ex colleague working there.....it is known as Chennai Business Park...they tell me, it gets 'dark' very quickly there & on certain days, when the favourable winds blow, you get the "smell"....ha ha ha
Singaporeans come with too many attached costs despite the incentives given by our government, you have a staff of say 10 Singapore women...all gets pregnant at the same time....it would be 'fun' right?....that is why companies...like FT's....ha ha ha ha
Its ok...the 70% voted to b treated in such way...they now have to suffer the consequences.
What Changi Business Park? I have a friend & plenty of 'token Singaporeans' ex colleague working there.....it is known as Chennai Business Park...they tell me, it gets 'dark' very quickly there & on certain days, when the favourable winds blow, you get the "smell"....ha ha ha
Singaporeans come with too many attached costs despite the incentives given by our government, you have a staff of say 10 Singapore women...all gets pregnant at the same time....it would be 'fun' right?....that is why companies...like FT's....ha ha ha ha
What Changi Business Park? I have a friend & plenty of 'token Singaporeans' ex colleague working there.....it is known as Chennai Business Park...they tell me, it gets 'dark' very quickly there & on certain days, when the favourable winds blow, you get the "smell"....ha ha ha
Singaporeans come with too many attached costs despite the incentives given by our government, you have a staff of say 10 Singapore women...all gets pregnant at the same time....it would be 'fun' right?....that is why companies...like FT's....ha ha ha ha
I think economy is being smogged by GDP figures. Am sure that
the 3 co-ordinating Ministers are working very hard at that to stimulate it.
This calls for a BIG due correction and recession to weed out the guests.
i dont see singaporeans getting pregnant,if anything i see more prams with more prc,shitskin and pinoy babies.
you mean pap says we avoided technical recession due to the 0.1% growth was massage figures.
Now that that the newer MRT stations are completed, they don't have these big projects to artificially propt the economy. So expect reality to set in.
Now that that the newer MRT stations are completed, they don't have these big projects to artificially propt the economy. So expect reality to set in.
looks like the end of a business cycle,first we have reckless government spending and construction to stimulate the economy,then we encourage singaporeans to get into massive debt housing loans,credit card and consumer debts to boost the economy,now debt and inflation levels are at a all time high we cant grow the economy anymore,its time for the slowdown and the recession to begin.
looks like the end of a business cycle,first we have reckless government spending and construction to stimulate the economy,then we encourage singaporeans to get into massive debt housing loans,credit card and consumer debts to boost the economy,now debt and inflation levels are at a all time high we cant grow the economy anymore,its time for the slowdown and the recession to begin.
so how do you think it will pan out this time? we rided out ok previously because of lesser housing debts but after fed reserve started printing money. sinkies are like borrowing without tomorrow.
actually, i ahve not seen worrying signs yet. how bad is this recession will turn out, who knows? i hope that there will be better outcome.
how to have better outcome when most sinkies cannot even last 3 months without jobs. they have tons of debts to repay.
you got a point. i still see restaurants packed on sunday.