Economy Slow down?

[HeadOn]

Originally Posted by Forbes

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.

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

[edfire]

Let's say she only works 20 days a month, which means 20 x $350 = $7,000.
Is that a sufficient reason for them to keep coming back? [/QUOTE]

Knn, she earns more than me...

Seriously, they are real pain in the ass on public ethics.
Even, my kids see already also cannot tahan.

[edfire]

Originally Posted by HeadOn

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

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

[bh69sg]

Originally Posted by newyorker88

You know how to vote very soon.

COE dropping soon?

Originally Posted by old_yet_horny

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.

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

Originally Posted by Ray06

Does this mean FL going to cost less?

Maintain and demand will still exist...this trade will always be resilience...maybe more come and work FL due to downturn...more choices..

[Forbes]

Originally Posted by bh69sg

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

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.

[bh69sg]

I'm not a football fan

Originally Posted by Forbes

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.

[maxsee]

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...

[HeadOn]

Originally Posted by edfire

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

Would like to hear ur plan keke

[HeadOn]

Originally Posted by maxsee

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...

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

[clapton]

Originally Posted by HeadOn

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

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...

[HeadOn]

Originally Posted by clapton

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...

Ok maybe I should not say not affected but rather compared to others some sectors like I mentioned are affected lesser than the other

Ya eat at home n cut down on unnecessary spending especially on entertainment is the key. Actually a lot of money are wasted in lifestyle choices as one always try to console that life is short n should treat urself better

[Forbes]

Originally Posted by HeadOn

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

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

[HeadOn]

Originally Posted by Forbes

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

Indeed. Agree with u. As we are going into an ageing population fast , natural such sector will be high in demand. But money paid per case might drop too. Never know