• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Serious IBM Fires Hundreds Of Sinkies! Relocating Factory To Drug Cartel Hot Zone In Mexico!

JohnTan

Alfrescian (InfP)
Generous Asset
Did the sinoloa cartel pressure IBM to relocate the factory to their territory?
 

AhMeng

Alfrescian (Inf- Comp)
Asset
Nobody likes Pinky because he thought red dot can punch above its weight. IBM proves him wrong.
It would be interesting to see what tax benefits were given to IBM by EDB when they started here and if so, whether the SG govt has the right or guts to claw back on these benefits enjoyed by these MNCs at the expense if taxpayers. Problem is everything is opaque and pretty non accountable ....
 

virus

Alfrescian
Loyal
geylang should now open doors to sinkies.... afterall if these lians r getting shit with free sex, getting paid and laid will b better than labelled as grab pussy driver with pay slightly better than macdonalds
 

congo9

Alfrescian
Loyal
It would be interesting to see what tax benefits were given to IBM by EDB when they started here and if so, whether the SG govt has the right or guts to claw back on these benefits enjoyed by these MNCs at the expense if taxpayers. Problem is everything is opaque and pretty non accountable ....

Sources says that IBM open shop here at 2010. We don't know what type of benefit they receive from EDB.
 

myfoot123

Alfrescian (Inf)
Asset
Why are you guys so surprised? Singapore has always been treated like a short-stay hotel for whoever wished to come and leave. I treated my boss the same way too.
 

winnipegjets

Alfrescian (Inf)
Asset
It would be interesting to see what tax benefits were given to IBM by EDB when they started here and if so, whether the SG govt has the right or guts to claw back on these benefits enjoyed by these MNCs at the expense if taxpayers. Problem is everything is opaque and pretty non accountable ....

Must be substantial enough that IBM can walk away from its investment after only 8 years!
 

AhMeng

Alfrescian (Inf- Comp)
Asset
Sources says that IBM open shop here at 2010. We don't know what type of benefit they receive from EDB.
That's the problem. It's never transparent and the public doesn't know what tax benefits etc was given to them and whether there are quotas conditions on hiring local PMETs. Everything is hidden from the public eyes.
 

aerobwala

Alfrescian
Loyal
It would be interesting to see what tax benefits were given to IBM by EDB when they started here and if so, whether the SG govt has the right or guts to claw back on these benefits enjoyed by these MNCs at the expense if taxpayers. Problem is everything is opaque and pretty non accountable ....

Sources says that IBM open shop here at 2010. We don't know what type of benefit they receive from EDB.

Be patient, answer would be disclosed in their 10-Q or 10-K filing as they are listed in NYSE.
 

eatshitndie

Alfrescian (Inf)
Asset
That's the problem. It's never transparent and the public doesn't know what tax benefits etc was given to them and whether there are quotas conditions on hiring local PMETs. Everything is hidden from the public eyes.
tax and land grant benefits must have expired after 6.9 years thus the migration. after 6.9 months into paying full bill without tax and land grant relief, cost must have spiked and it hurts the bottom line. it requires an additional 6.9 months to give (early) notice and move. timing is about right.
 

AhMeng

Alfrescian (Inf- Comp)
Asset
tax and land grant benefits must have expired after 6.9 years thus the migration. after 6.9 months into paying full bill without tax and land grant relief, cost must have spiked and it hurts the bottom line. it requires an additional 6.9 months to give (early) notice and move. timing is about right.
Nope, I have seen some EDB conditions going up to 20 years... Lol :biggrin:
 

AhMeng

Alfrescian (Inf- Comp)
Asset
no wonder the panasonic factory in south bedok is still "operating".
It's usually pegged to expansion over the years...And commitments to bring in more jobs but do not not have quota conditions for hiring locals ... Hence you have seen hordes of Indians coming in because HR also foreigners and they will snake around to hire more foreigners than locals. I have even heard absurd rubbish like they can't find accountants, he professionals etc in Singapore and have to bring into from overseas... Lol :biggrin:
 

eatshitndie

Alfrescian (Inf)
Asset
It's usually pegged to expansion over the years...And commitments to bring in more jobs but do not not have quota conditions for hiring locals ... Hence you have seen hordes of Indians coming in because HR also foreigners and they will snake around to hire more foreigners than locals. I have even heard absurd rubbish like they can't find accountants, he professionals etc in Singapore and have to bring into from overseas... Lol :biggrin:
mom most likely knows and is snoozing.
pap-yesmen-sleeping-parliament-singapore_4.jpg
 

ToaPehGong

Alfrescian
Loyal
The resident Pappie dog has a point. If IBM is willing to relocate to a drug and murder infested country with all sorts of shootings etc as opposed to a safe and well connected Singkieland. It's obvious Singkieland has a problem
Don't worry. PAP is good at attracting money and they recognise the money is in China now. Expect more China firms to have regional office here. More tiongs in condos, restaurants, casinos and high SES places. Long live PAP
 

no_faith

Alfrescian (Inf)
Asset
Samsung also got their plant planted in mexico:roflmao:
There are few big corp in mexico
So not surprise ibm entering
 
Top