Singapore Economic News

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Could it be that the Telcos are affected by news of the new entrant? Shareholders taking profit due to the recent highs.
(02-06-2015, 09:32 PM)runicx Wrote: Could it be that the Telcos are affected by news of the new entrant? Shareholders taking profit due to the recent highs.

Singapore Telcos have already been re-rated down recently, due to the 4th mobile operator news.

I reckon it might be contagious effect due to fear
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Well, it started on May26 when FTSE decided to include A-shares in its emerging indices. Funds pulling out and stockpiling into the A-shares ahead of MSCI decision ahead.

Then the liquidity rules appeared which were bad for the Jardines (abt time i think!).

The confluence of the above 2 prob accounted for most of the sell-off in all the index stocks, esp the Jardines+banks+Singtel which account for 50% of the STI.

Singapore's malls grapple with shifting consumer trends
On Singapore's Orchard Road, the signs of change are easy to see: Venerable department stores have closed up shop and a new commercial complex is struggling to gain traction with customers despite opening with much fanfare only a year ago.

One reason often put forward for the trouble facing the district is the weak yen. Tourists who once flocked to Singapore for the shopping are now choosing to spend their money in Japan.

That is only part of the story, however......
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
Not enough quota for foreign workers? Here’s what some employers do…
You can find more of my postings in
24th August 2015 - STI - 2865+ Smile

Asian markets down, funds withdrawing back to US for redeployment!

Big Grin
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
An interesting road-map. I should be still around, when it happens... Big Grin

Autonomous cars in Singapore in 10-15 years?
12 Oct 2015 12:06
By Samuel Ee

SELF-DRIVING vehicles could be running on public roads in Singapore within 10 to 15 years, says the Ministry of Transport (MOT), but not before surmounting issues such as the cost of the technology and public acceptance.

Singapore on Monday unveiled the next stage of autonomous unmanned vehicle development with various trials and partners. Under the roadmap for self-driving vehicles and mobility concepts, four tracks have been identified by the Committee on Autonomous Road Transport in Singapore (Carts) - fixed and scheduled services for mass transport within and between towns; shared services for point-to-point and first- and last-mile travel; freight, with the carriage of goods for long-distance delivery; and utility operations, such as road sweepers.

"Self-driving vehicles can radically transform land transportation in Singapore to address our two key constraints - land and manpower," says Pang Kin Keong, permanent secretary for transport and Carts chairman.
Source: Business Times Breaking News
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
So much haze surrounding this panel of consultants... perhaps this is what the future holds... I didn't get wiser after reading this article seriously...

Can Singapore survive merely on service sector or high valued added mfging? what are the implications of staying up there?
Always wonder if Singapore economic model has included SMEs? Seems to me that Singapore model is about BIG and BIGGER but somehow lack the flexible and dynamic culture to take on BIGGER responsibilities... still pretty much top-down... correct me if I m wrong...

The Straits Times

Most SMEs don't expect growth in revenue, Economy News & Top Stories - The Straits Times
Economy News -The majority of small and medium-sized enterprises here expect flatlining or falling revenue this year amid a lacklustre global economy, according to a new survey.. Read more at

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