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Economy Slow down?
Hi all Brothers & Sisters,
I was told our economy has been slowing down since beginning of this year? I myself really felt it too even how hard i try to find sales & new biz. Any1 facing the same issues. |
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Depends on sector...oil and gas , construction , property very bad....medical and service still alright.
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i in logistics... In fact, My suppliers & ex company felt the slowdown too
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I am in manufacturing. Yes, orders are low n clients are taking longer to pay. demand of goods are drying up.
Friends in same line also complain same thing. China is not buying commodities as per last time volume, n asking for better quality goods for higher margins. |
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This slow down is considered normal. It will be picking up towards the end of the 3rd quarter of the year. By then news of retrenchment will be common as companies will try to avoid paying the year end bonus citing poor performance as the main reason.
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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.:(
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Aya, the more the govt clamp down on sex, the worst the economy becomes.
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None admit to fucking it all up. |
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Ya same here goes to my company..My side is under manufacturing sector..We been building machines but customers keep on pushing out or haven't paid the money so therefore my prod side now eating grass too..its been since 2nd quarter of this year liao..Jia Lat!!
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Mostly manufacturing is feeling the pinch. So does mine...
Soon have to eat grass liao, but then 医生说我的胃不好, 只可以吃软饭 :D |
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My company pnl is pretty good, but consolidated pnl not sure. But hq still in cutting cost mood so not sure yr end bonus will be what . But generally economy is slow n will remain slow into 2016. So just have to sit tight n endure
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Unfortunately, IMHO this is only the beginning of worse to come.
Shanghai down 8.5% today wiping just about all the past fortnight gains, prospects of US QE tapering soon with the rest of the world following, euro-Greek settlement not only just a band aid but worse, the beginnings of worse euro problems etc. I hope not, but tighten your seat belts! SEAJ |
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I guess as always we need to be prepared for the tough times.
Curb your expenses and start saving. :p |
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the fab depend on consumer electronic giant ,to fab a certain
kind of dedicated i.c. chips, hope many come in, else white elephant |
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Construction industry will feel the pinch next two years.
Pharma dont look too good this year. |
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The dark side of globalization. As our economy is connected to the world we will get hit no matter what. Rumor has it that the china share market plunge is more internal political struggles within the elite but the world is footing the bills..
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Thank you Bros for chipping in all industry information.
LOL, at 1st i thought my thread was Deleted... but i only found it in this section this morning. Guess I have to bite the bullet, spend lesser & hang on... |
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Now consolidating resources to set up in Thailand. opportunity is better there. |
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