Yaloryalor 5th Gear December 22, 2015 Share December 22, 2015 Selling of NOL, more ppl buying from online stores, weak oil prices, face competition in airlines. more tough time ahead? Low COE prices in 2016? https://sg.finance.yahoo.com/news/5-industries-singapore-may-facing-160000350.html ↡ Advertisement 2 Link to post Share on other sites More sharing options...
Kusje Supersonic December 22, 2015 Share December 22, 2015 I just left the oil and gas industry (1.5 years back) + shipping industry (few months back) so I know what it is like to be in a company where you worry about your job all the time.... Current job is (to my knowledge) extremely secure for the next couple of years but the work isn't as dynamic and rewarding as what I used to do. Hope those industries bleed out quickly so they can have a quick recovery. 4 Link to post Share on other sites More sharing options...
Forte3737 5th Gear December 22, 2015 Share December 22, 2015 There may be good buys when retrenchments starts in 2016. So those who are looking for 2nd hand cars, hold on for a while. I am quite sure there are people who will sell their cars once they are retrenched 1 Link to post Share on other sites More sharing options...
Enye Hypersonic December 22, 2015 Share December 22, 2015 I just left the oil and gas industry (1.5 years back) + shipping industry (few months back) so I know what it is like to be in a company where you worry about your job all the time.... Current job is (to my knowledge) extremely secure for the next couple of years but the work isn't as dynamic and rewarding as what I used to do. Hope those industries bleed out quickly so they can have a quick recovery. u joined civil service is it? 2 Link to post Share on other sites More sharing options...
Spring Moderator December 22, 2015 Share December 22, 2015 Today's papers mentioning Finance Industry also facing retrenchments with banks like Rabobank, Standard Chartered, HSBC and JP Morgan axing staff, so looks like tough times ahead for quite a few industries 8 Link to post Share on other sites More sharing options...
Kusje Supersonic December 22, 2015 Share December 22, 2015 u joined civil service is it? No la. But it was indeed one of my considerations. Maybe another 5-10 years when I just wanna relax. Link to post Share on other sites More sharing options...
13177 Supersonic December 22, 2015 Share December 22, 2015 It seems like most industries are affected? 1 Link to post Share on other sites More sharing options...
Myxilplix Turbocharged December 22, 2015 Share December 22, 2015 Insurance also seems to be trimming operations a little. Last month AIG regional office in Singapore had retrenchment exercise. Tiagong the AIG Singapore office now waiting for their turn. Link to post Share on other sites More sharing options...
Duckduck Turbocharged December 22, 2015 Share December 22, 2015 It seems like most industries are affected? we're in a recession lah but garmen refuse to admit. I just left the oil and gas industry (1.5 years back) + shipping industry (few months back) so I know what it is like to be in a company where you worry about your job all the time.... Current job is (to my knowledge) extremely secure for the next couple of years but the work isn't as dynamic and rewarding as what I used to do. Hope those industries bleed out quickly so they can have a quick recovery. last shoe to drop are those tech unicorns like uber grabtaxi airbnb etc... now theyre hiring like mad sure chop like mad when their turn comes 1 Link to post Share on other sites More sharing options...
Enye Hypersonic December 22, 2015 Share December 22, 2015 No la. But it was indeed one of my considerations. Maybe another 5-10 years when I just wanna relax. so which industry is extremely secure right now? i am sure many like to know and apply 1 Link to post Share on other sites More sharing options...
Watwheels Supersonic December 22, 2015 Share December 22, 2015 we're in a recession lah but garmen refuse to admit. Of course lah. Or else ppl will go into panic mode. Imagine those who just buy house buy cars. Anyway ppl do not need the news media to tell them there are troubled times ahead. It can be felt in every industry. Link to post Share on other sites More sharing options...
Adrianli Hypersonic December 22, 2015 Share December 22, 2015 so which industry is extremely secure right now? i am sure many like to know and apply I think medical industry. Esp those dealing with elderly care. Either nursing home or elderly care products. 3 Link to post Share on other sites More sharing options...
Enye Hypersonic December 22, 2015 Share December 22, 2015 I think medical industry. Esp those dealing with elderly care. Either nursing home or elderly care products. ya thanks for reminding just have to look at those MCFers in this industry all very huat Link to post Share on other sites More sharing options...
Kusje Supersonic December 22, 2015 Share December 22, 2015 so which industry is extremely secure right now? i am sure many like to know and apply I didn't say my current industry is secure leh... But I think my job is secure because of project requirements. Also, client is highly unlikely to terminate the contract as it is a critical service. Link to post Share on other sites More sharing options...
BanCoe Hypersonic December 22, 2015 Share December 22, 2015 I think Construction industry/Property Devpt.... is been hit hard too, O&G (not obstetric and Gynae!!) also badly hit, Shipping lines and bunkering; Oil Palm due to oil price drop ......... even Property Agents are running around helter skelter, so many empty units everywhere, even Law firms are trimming excess fat (staff)... due to Banks/Property movement slowing..... peekture is preety bad... what effect on Coe's .... cannot say..... there are many rich in Singapore still, only Govt Dept and hospitals supply/ service might be good still 1 Link to post Share on other sites More sharing options...
13177 Supersonic December 22, 2015 Share December 22, 2015 Of course lah. Or else ppl will go into panic mode. Imagine those who just buy house buy cars. Anyway ppl do not need the news media to tell them there are troubled times ahead. It can be felt in every industry. Buy car still can sell but if buy house then difficult liao if lose job. Link to post Share on other sites More sharing options...
Kangadrool Supersonic December 22, 2015 Share December 22, 2015 (edited) Funeral Directors. Good times, bad times, people still need to die. Most don't ask for discounts, all pay up quickly, your clients never complain. so which industry is extremely secure right now? i am sure many like to know and apply Edited December 22, 2015 by Kangadrool 5 Link to post Share on other sites More sharing options...
Enye Hypersonic December 22, 2015 Share December 22, 2015 Funeral Directors. Good times, bad times, people still need to die. Most don't ask for discounts, all pay up quickly, your clients never complain. some they have to provide free service because unable to pay up hor.... ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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