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Actually paradise also has major labour issues. F&b margins for medium to big guys ( read 20m to 300m) turnover is from 3 to 10% max. Check out all the listco players numbers. Maybe Japan food a bit better...
The hidden culprit in sg is rental and leasing cost. Right now we are happy to talk about business owners and the need to up pay and productivity to justify wages. Who is watching commercial and retail rental rates???
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Whose is the biggest landlord in SG?
Who is the biggest commercial landlord in SG?
Who is the biggest industry landlord in SG?
You will find the answer very interesting.
失信于民,何以取信于天下...
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> The results of past elections n the turnout at Hong Lim Park shows winds of change, despite the showers during rally.
> We have a choice of choosing our way of lives, our government peacefully through votes, or the unthinkable if let to simmer too long, ie 2030.
I believe they are riding on the wave of asset buying during the low interest rate era, to influence voting behaviour through vested interests. Some home owners who have a lot of physical assets based here, will vote based on the value of their hard assets, rather than based on which party they believe serve their interest best for the long term. That is why I see many condos sprouting up in different estates... And is one reason Potong Pasir was won back by Sitoh YiPin (the other reason was Chiam See Tong nominating his wife for election...
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4000+ turn up at Hong Lim Park in protest of 6.9mil population. So can anybody enlighten me what has changed or what you think will change?
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While some believe in practicality, through votes during the coming General Election, others believe in showing support through presence at the rally.
Remember we are what we believe in. How our country future turns out depends on what we can do so now, even feebly like attending the rally.
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(16-02-2013, 10:15 PM)arthur Wrote: While some believe in practicality, through votes during the coming General Election, others believe in showing support through presence at the rally.
Remember we are what we believe in. How our country future turns out depends on what we can do so now, even feebly like attending the rally.
Now i know there are enough Singaporeans who care.
Enough of Singaporeans who are not KIASI, KIASU KIABO & KIACHENGFU. Which we are famous for.
iF PAPYS REALLY BEH KIASI THEN ALLOW THE POPULATION A REFEREMDUM ON THE WHITE PAPER. NOT JUST RUBBER STAMPING THROUGH PARLIAMENT.
ENOUGH IS ENOUGH.
RUBBER STAMPING FOR > 50 YEARS ALREADY!
I THINK SINKAPOREANS HAVE REALLY BECOME SINGAPOREANS AT HONG LIM PARK TODAY.
MAY THE REST OF SINGAPOREANS FOLLOW SUIT
i THINK THERE IS STILL HOPE FOR SINGAPORE TO BECOME A NATION FOR TRUE BLUE SINGAPOREANS.
AND NOT FOR THE PAPYS & ASSOCIATED ELITES ONLY.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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