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DBS Vickers expects upcoming white paper to raise population target to 7 million

mojito

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I was wrong. Looks like the PAP is asking for a bloody nose. Shall we oblige?

Population growth to benefit construction, transport - DBS
Fri Jan 18, 2013 8:41am GMT

(Reuters) DBS Vickers expects an upcoming white paper on Singapore's population to raise its population target to 7 million from 6.5 million, which will benefit construction, land transport, property and healthcare companies.

Singapore's infrastructure is taking the brunt of an expanding population and demand for additional investment in train lines and road expansions will benefit construction firms such as crane operator Tat Hong Holdings and Sin Heng .

"We expect to see a step-up in infrastructure spending to cater to a larger population following comments from the government that population growth has outpaced infrastructure capacities in recent years," said DBS.

Singapore said on Thursday it plans to double its rail network to 360 kilometres by 2030, which is expected to boost ridership to 13.8 million rides a day, benefitting transport operators such as ComfortDelGro Corp Ltd.

DBS raised ComfortDelGro's target price to S$2.05 and kept its 'buy' rating, citing population growth and improving public transport network. Another major transport operator, SMRT Corp Ltd, on which DBS has a 'fully valued' rating and a target price of S$1.50, however, will face near-term challenges from higher operating costs.

The larger population will mean a greater need for homes, DBS said, estimating demand to rise 31 percent. The brokerage is positive on property developers such as Capitaland for its diversified portfolio and Wing Tai Holdings Ltd for its larger exposure to residential projects.

DBS also noted that falling birth rates and ageing population will be a focus for the government, and healthcare providers such as Raffles Medical and IHH Healthcare will benefit in the long run.

Stem cord blood bank provider Cordlife Group is also likely to benefit from potential incentives to boost birth rates.
 

ChaoPappyPoodle

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Paying ridiculous world record salaries to civil servants and ministers requires a lot of money. With a small population the taxes will not be sustainable. So the PAPzi garment increase population size. But they also have to cut on social spending and increasing government and GLC revenue at every good opportunity. This cuntry has gone down the drain and the PAPzis will continue with their policies that enrich a few thousands while increasing financial and psychological burden on over 90% of its citizens.

As long as the citizens allow a fascist political party like the PAPzis to rule Singapore, we can expect things to get worse. It's not just the number of people it is the amount of taxpayers money spent on social services and public infrastructure that is going to hurt most.
 

nato33

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Great timing by DBS to revisit this issue during the BE that is causing so much pain to so many native Singaporeans. Wonder if someone senior in DBS is looking for some "change" in PE
 

watchman8

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The writing already on the wall, if one has been following local news closely. Since mid last year, already hinting on higher population. This week's announcement on new mrt lines until 2030 is another indication, doubling the mrt length by 2030. If say today's mrt length of 176km can comfortably serve 4 mil population, the doubling the mrt means 8 mil by 2030!!!
 

metalmickey

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Sinkees are forced to a deadend,either they kill the white termites or be killed. Serious.

The message being sent is pretty clear. They want to fuck the system quickly because if they don't do it fast enough the peasants are going to throw them out of power. Then what we have is a race between how quickly we dump them out and how hard they can fuck us in the meantime.

This thing about low birth rate is only a red herring. What kind of birth rate is required for us to deliver the kind of population growth you've seen in the last 10 years? We'd have to keep fucking 24 hours a day just to keep up.
 
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batman1

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The message being sent is pretty clear. They want to fuck the system quickly because if they don't do it fast enough the peasants are going to throw them out of power. Then what we have is a race between how quickly we dump them out and how hard they can fuck us in the meantime.

This thing about low birth rate is only a red herring. What kind of birth rate is required for us to deliver the kind of population growth you've seen in the last 10 years? We'd have to keep fucking 24 hours a day just to keep up.

It is tragic indeed. They are playing with our lives.They want to fark us,we fark them back.See who fark who .They want to fark us hard,we the Singapore Citizens will resist and destroy them.
 

winnipegjets

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Asset
PAP is going to propose subterranean cities. Each level will be one city of the same size as the ground city. As a result, sinkapore could accommodate as many people as it wants. It is just a matter of digging deeper. Our millionaire ministers is so far ahead in their thinking that sinkapore is the bestest country in the world.
 

gz0707

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Loyal
The writing already on the wall, if one has been following local news closely. Since mid last year, already hinting on higher population. This week's announcement on new mrt lines until 2030 is another indication, doubling the mrt length by 2030. If say today's mrt length of 176km can comfortably serve 4 mil population, the doubling the mrt means 8 mil by 2030!!!

Reported on radio news - at least 50% of the construction in 2012 was due to garmen projects.

This all sounds so Greek to me.
 

metalmickey

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Reported on radio news - at least 50% of the construction in 2012 was due to garmen projects.

This all sounds so Greek to me.

Greek? We should do it Romanian style. Do to our leaders what the Romanians did to Ceaucescu:

http://en.wikipedia.org/wiki/Trial_of_Nicolae_and_Elena_Ceaușescu

All this fucking 7 million people shit. They want to fuck up our lives so that people in the construction industry won't go jobless? Why don't they just go learn another trade or fuck off.
 

winnipegjets

Alfrescian (Inf)
Asset
PAP is going to propose subterranean cities. Each level will be one city of the same size as the ground city. As a result, sinkapore could accommodate as many people as it wants. It is just a matter of digging deeper. Our millionaire ministers is so far ahead in their thinking that sinkapore is the bestest country in the world.

With a larger population, more PAP politicians are needed. Each new city will require a PM and cabinet and a parliament. The country's PM will become the Emperor. If sinkapore becomes a 10-level country with a population of 4 million per level, a tiny dot of 40 million people would be a formidable country in the region.

I just love the PAP for having such bold vision.
 

batman1

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The way and pace the PAP is digging ,this small island called Singapore will collapse and sink in no time.
 

blur sotong

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Asset
If the population hit 7 million and there is an outbreak of infectious disease like SARS hit Singapore... then it will be very jialart. :( :o
 

gz0707

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Loyal
Greek? We should do it Romanian style. Do to our leaders what the Romanians did to Ceaucescu:

http://en.wikipedia.org/wiki/Trial_of_Nicolae_and_Elena_Ceaușescu

All this fucking 7 million people shit. They want to fuck up our lives so that people in the construction industry won't go jobless? Why don't they just go learn another trade or fuck off.

what were you expecting? all the hub this hub that, throwing around money blindly, now has this created new industries? if it had, why the desperation to prop up the GDP artificially?
 

metalmickey

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what were you expecting? all the hub this hub that, throwing around money blindly, now has this created new industries? if it had, why the desperation to prop up the GDP artificially?

A lot of things take place after elections. They want to say they learn already, they sorry. Cut salary here, show trial there. But end up how? More of the same policies that ended us up in the shit, and therefore more shit. The ICA building in Lavender should be wiped off the map of Singapore.
 
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