Serious IE sappork efforts to steal jobs from sinkies

[virus]

SC Auto sets up first overseas S$30 million facility in Myanmar

SINGAPORE - Bus manufacturer SC Auto announced on Monday (June 12) it is setting up a S$30 million facility in Yangon, Myanmar with support from International Enterprise (IE) Singapore, as it seeks further growth for its business.

The 16,000 square meter facility, slated to begin production in the fourth quarter of 2018, will enable SC Auto to increase its production by four times, allowing it to meet the growing demands of both Myanmar and the region, the company said in a release issued on Monday.

The announcement, which comes on the back of the 6th Singapore-Myanmar Joint Ministerial Working Committee meeting held in Singapore, marks SC Auto's first foray overseas after focusing operations in Singapore for over 20 years, making it the first foreign bus manufacturer in Myanmar.

http://www.straitstimes.com/business/sc-auto-sets-up-first-overseas-s30-million-facility-in-myanmar

and who did those jobless farkers vote for?

 

[mojito]

Operate overseas hq here is the mantra. Send all profits here, management here, no hire sinkies never mind. See the writing on the wall?

 

[eatshitndie]

yes, necessary to grow glc's and sinkie companies' footprints and markets but shrink sinkie balls. you die your biz has been mantra all along.

 

[scroobal]

Our forays into Myanmar first began circa 1985 with some companies, hotels and developers cajoled into entering into JV and deals. It yielded very little. The role of IE is quite interesting. I wonder if there is an Singapore body that is totally concerned about creating jobs for Singaporeans.

 

[frenchbriefs]

singapore is already ruined.i support any policy or movement that screws sinkies.