Expertz 1st Gear January 18, 2011 Share January 18, 2011 SINGAPORE : Observers said the drop in the number of permanent residencies granted last year reflected a change in the type of immigrants the government is trying to attract. They said the move also needs to be seen against the backdrop of recent policies aimed at tightening the inflow of foreign workers, such as raising the criteria for S-Pass holders. Economists said given Singapore's strong economic growth and full employment, the policy may lead to labour shortage. This in turn may lead to a rise in wages and also higher inflation. Manu Bhaskaran, partner, Centennial Group, said: "When wages rise, businesses will find ways to economise on labour, and that will drive productivity up. "In the longer term, that would be good for Singapore. In the short term unfortunately, it will be painful for certain businesses and certain companies." - CNA/al SOURCE: http://www.channelnewsasia.com/stori...105266/1/.html why singapore so funny 1... too many FT = higher inflation too little FT = higher inflation so how to lower inflation? too many also bad too little also bad! ↡ Advertisement Link to post Share on other sites More sharing options...
Caravan 5th Gear January 18, 2011 Share January 18, 2011 everything they say one, say left say right black white the news will just anyhow quote any 'experts' to beef up their 'angle'. Link to post Share on other sites More sharing options...
Jasonjst 3rd Gear January 18, 2011 Share January 18, 2011 (edited) why singapore so funny 1... too many FT = higher inflation too little FT = higher inflation short term , longer term good for Singapore ! see that what economist say .. "In the longer term, that would be good for Singapore. In the short term unfortunately, it will be painful for certain businesses and certain companies." Edited January 18, 2011 by Jasonjst Link to post Share on other sites More sharing options...
Whathefish 5th Gear January 18, 2011 Share January 18, 2011 They belongs to same choir....singing the same tune.. Link to post Share on other sites More sharing options...
Scion Turbocharged January 18, 2011 Share January 18, 2011 as they always said... 神是他 鬼也是他 everything also they correct Link to post Share on other sites More sharing options...
SimonTan 2nd Gear January 18, 2011 Share January 18, 2011 When will the game ends? No one dares to even think about it! When we reach 7million....the SAME argument will still ring true about the need to continue importing FT. When we reach 10million....then what? The land will be so crowded. Do we still sing the same tune about importing FT or else labour shortage or 1.2birthrate insufficient? Yes we can keep importing FT at this moment in time.....but 10 years later how? The current policy is just extending the pain till 10 years later. But for those who are keen to earn as much from properties.....this current gov seems to be PROMISING it for the next 10years the bubble will not burst! The news I read today....points to the continual importing of FT....which will drive the properties upwards!! I have discussed with my wife last night.....we are DEFINATELY looking to get a condo when the prices come down significantly. Keep my current HDB for rental. When the fat lady sings, in 10 years time, sell off the condo & HDB and reap the profit to retire comfortably in my wife's hometown.......Kota Tinggi! Link to post Share on other sites More sharing options...
Christan Turbocharged January 18, 2011 Share January 18, 2011 Like I said previously. "ren shi ni, gui ye shi ni". Basically they say things according to circumstances "jian ren shou ren hua, jian gui shuo gui hua" Link to post Share on other sites More sharing options...
Jeff49er Clutched January 18, 2011 Share January 18, 2011 Pl check the name of the economist first :) Then u know why he brought about this article. Link to post Share on other sites More sharing options...
Mrmilktooth Supercharged January 18, 2011 Share January 18, 2011 I have discussed with my wife last night.....we are DEFINATELY looking to get a condo when the prices come down significantly. Keep my current HDB for rental. the hdb already changed ruling on owning 1 hdb unit at a time or 1 condo but not both at the same time... Link to post Share on other sites More sharing options...
Viceroymenthol 6th Gear January 18, 2011 Share January 18, 2011 (edited) the hdb already changed ruling on owning 1 hdb unit at a time or 1 condo but not both at the same time... Yalor.... I guess mr simon tan still in dreamland.... Dreaming his condo dreams... maybe he was one of those aspiring upgraders interviewed in the propaganda times on sunday Edited January 18, 2011 by Viceroymenthol Link to post Share on other sites More sharing options...
Kangadrool Supersonic January 18, 2011 Share January 18, 2011 OMG, do we need to pay so much $$$ to economists just to tell us this!!! Link to post Share on other sites More sharing options...
Dirtbike Clutched January 18, 2011 Share January 18, 2011 I have discussed with my wife last night.....we are DEFINATELY looking to get a condo when the prices come down significantly. Keep my current HDB for rental. When the fat lady sings, in 10 years time, sell off the condo & HDB and reap the profit to retire comfortably in my wife's hometown.......Kota Tinggi! I believe you have to sell off your hdb. u cannot own a hdb and buy another condo.. Link to post Share on other sites More sharing options...
JaydenSTI 1st Gear January 18, 2011 Share January 18, 2011 SINGAPORE : Observers said the drop in the number of permanent residencies granted last year reflected a change in the type of immigrants the government is trying to attract. They said the move also needs to be seen against the backdrop of recent policies aimed at tightening the inflow of foreign workers, such as raising the criteria for S-Pass holders. Economists said given Singapore's strong economic growth and full employment, the policy may lead to labour shortage. This in turn may lead to a rise in wages and also higher inflation. Manu Bhaskaran, partner, Centennial Group, said: "When wages rise, businesses will find ways to economise on labour, and that will drive productivity up. "In the longer term, that would be good for Singapore. In the short term unfortunately, it will be painful for certain businesses and certain companies." - CNA/al SOURCE: http://www.channelnewsasia.com/stori...105266/1/.html why singapore so funny 1... too many FT = higher inflation too little FT = higher inflation so how to lower inflation? too many also bad too little also bad! why would the gahmen want to have a deflation?? certainly you would not want to, coz that an indication of negative growth, much more headache after that for you and me if that happen... moreover, inflation means more $$ for gahmen.... Link to post Share on other sites More sharing options...
Ngck 3rd Gear January 18, 2011 Share January 18, 2011 (edited) i respect economist view as about the same as fortune tellers..... full of bullshiit and usually when they are wrong.... they confirm 马后炮 Edited January 18, 2011 by Ngck Link to post Share on other sites More sharing options...
Nlstch Neutral Newbie January 18, 2011 Share January 18, 2011 the hdb already changed ruling on owning 1 hdb unit at a time or 1 condo but not both at the same time... Can, provided you have HDB first, then you can buy the condo. If you have condo, then you can't buy HDB. Link to post Share on other sites More sharing options...
Dirtbike Clutched January 18, 2011 Share January 18, 2011 Can, provided you have HDB first, then you can buy the condo. If you have condo, then you can't buy HDB. I dont think so, my friend have to sell his HDB when he purchase a new condo Link to post Share on other sites More sharing options...
Sgnick 1st Gear January 18, 2011 Share January 18, 2011 I dont think so, my friend have to sell his HDB when he purchase a new condo Nlstch is right. Anyway better to get facts right from the source, HDB, not from frens did this and that. Link to post Share on other sites More sharing options...
Tom_kkh 1st Gear January 18, 2011 Share January 18, 2011 OMG, do we need to pay so much $$$ to economists just to tell us this!!! all these economists, financial advicers are bull sheet! if they really so good, why "prediction" always wrong? so lee hai, Singapore wont go into recession and inflation liaoz lor... ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
FT discrimination agst locals
FT discrimination agst locals
China lifts sweeping visa curbs on foreigners
China lifts sweeping visa curbs on foreigners
Thais warned against becoming foreigners’ nominees in businesses reserved for Thai nationals
Thais warned against becoming foreigners’ nominees in businesses reserved for Thai nationals
brake pad labour cost
brake pad labour cost
Pump prices fall by up to 5 cents a litre a week after oil plunge
Pump prices fall by up to 5 cents a litre a week after oil plunge
Changes in employment landscape. Open legs
Changes in employment landscape. Open legs
Foreigners bolstering Singapore's birth rate
Foreigners bolstering Singapore's birth rate
It's Labour Day tomorrow
It's Labour Day tomorrow