Originally Posted by Forbes (Post 13362896)

China is not immune to world affairs but there are some quarters who think that China is already one step ahead of others. China's announcement that it is developing or redeveloping the old Silk Route is not some fanciful thinking. Granted that it has political implications, but the economic windfall for the next 20 to 50 years will be enormous. Some of us may not live long enough to see how China will grow, both politically and economically but there is no reason for us not to jump (or try to jump) on the bandwagon now. Think of monkey go west.

Originally Posted by HeadOn (Post 13364459)

W globalization there is no one country that can be immuned of cos. not US n certainty not China too. But like i said China is going through a painful reform that is necessary in the long run. So slower global economic growth will be a norm for years to come. As for sg, we are also in a reform to move upwards the value chain. Not easy n we will face slow growth ourself too

Originally Posted by newyorker88 (Post 13358646)

You know how to vote very soon.

Originally Posted by old_yet_horny (Post 13358005)

I am in manufacturing too... We serve Semicon, Electronics and HDD.. Freakin slow and quiet.. Customer keep cutting cost to survive and not much buying as production loading almost halved.. Eat grass liao.:(

Originally Posted by Ray06 (Post 13357981)

Does this mean FL going to cost less?

Originally Posted by bh69sg (Post 13366121)

Every sector hit....gonna see less cheongster...

Originally Posted by Forbes (Post 13366982)

No need for bad economy to hit earnings of FLs and MLs. Premier League starting this weekend/next weekend. Should be easier to book them if you are not football fan.

Originally Posted by edfire (Post 13364548)

W globalization, I must come up with a plan to counter slow sales growth. Hmmm....

Originally Posted by maxsee (Post 13367872)

I believe that medical is the only sector that is really not affected...The rest of the sector are affected across the board...Coz this is usually a chain reaction.

I have never heard of medical sector being affected coz no matter what happen to the world economy. You still need medical services when illness knocks on ur door...So all things related to medical are more or less in the safety zone...:D:D:D

Originally Posted by HeadOn (Post 13367979)

Well there are some sectors that are recession proof I guess . Like u said, medical sector . As we approached an ageing population, there will b a boom in this sector. Another is the f&b sector as pple need to eat . Of cos high end places will suffer but generally this sector will still be stable

Originally Posted by clapton (Post 13368047)

Still affected lar.

e.g.

1.My frd's mother, receiving treatment in ME, every month abt 5K plus.. now went back own country, bcz too exp and his own income drop.

2. I already started eating less outside bcz can foresee the increment & bonus next yr will be very small...

Originally Posted by HeadOn (Post 13367979)

Well there are some sectors that are recession proof I guess . Like u said, medical sector . As we approached an ageing population, there will b a boom in this sector. Another is the f&b sector as pple need to eat . Of cos high end places will suffer but generally this sector will still be stable

Originally Posted by Forbes (Post 13369721)

Another sector that is recession proof is the funeral services sector. Sad but true.