2013-02-18, 09:28 | Link #26601 |
Moving in circles
Join Date: Apr 2006
Location: Singapore
Age: 49
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Yet we have jokers who claim that Singapore should just ditch its manufacturing sector and focus on services to achieve "sustainable growth". When it comes to reality, some people are more out of synch than others.
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2013-02-18, 09:34 | Link #26602 | ||
今宵の虎徹は血に飢えている
Join Date: Jan 2009
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As for the other bit...you know if this were some other country outside SEA, I'd be thanking SAF for training me in the use of earthmover equipment so I could at worst, still earn a decent living as a machine operator. Here....I'd think I'd make bigger cash working as a book arranger in Kino...
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2013-02-18, 09:35 | Link #26603 | |||
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
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Singapore doesn't, our model towards exports has been "Doing business with me is a choice - namely yours" mentality that affects our image of exports, with the exception of our aerospace and marine industry; we are the legends, not Japan, in the entire of East Asia. Them, Taiwan and ROK fail badly at beating us in terms of SCM because our small land area allows for rapid stock transfer across the dot. Our quality is as good as the Japanese, our accountability is as good as the Taiwanese, and our marine workmanship is as accurate as the ROK; our edge is our 710 sq km. Malaysia trounces us in manufacturing because of their smaller currency and cost of goods; they will be beaten by Indonesia next. And maybe the Philippines assuming their government can get their act together (no offense to Filipino members here, this is an analysis from a purely economical POV). Quote:
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There! Domestic food production can be increased, and long term workers in your engineering sector.
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Last edited by SaintessHeart; 2013-02-18 at 09:45. |
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2013-02-18, 10:39 | Link #26604 |
Knight Errant
Join Date: Dec 2007
Location: Dublin, Ireland
Age: 35
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Certainly, I think an economy without a manufacturing base is an economy without a "foundation", though in the the case of Singapore, it could probably use manufacturing in Malaysia/Indonesia as it's base. But then again, why would a Malaysian factory use services based in Singapore, when they can use services in Johor?
In one respect, I think Singapore needs to try a bit harder to be a bit more like Hong Kong. HK has done great exporting "cultural products", like movies, and that's something that Singapore could do too. However, every Singaporean film I've ever seen can't hold a candle to anything that comes out of Hong Kong. Likewise, we hear a lot of Cantopop, but how much Singapop(I made that name up, does Singaporean pop have a name?) do we see in comparison? What Andy Lau does Singapore have? With Hong Kong increasingly coming under the thumb of the PRC, and losing it's free wheeling spirit, Singapore could have positioned itself to take advantage of the gap. Instead all of HK's talent got siphoned off by the USA and PRC. While Singapore does need to maintain manufacturing, it cannot really focus on land-intensive heavy manufacturing. It needs to focus on industries that require less of a space premium. As I see it, there is no land available in Singapore, so if they want more manufacturing, they simply won't have the room for it, unless they do more vertically (but then they can't really compete on cost compared to neighbors), or buy the other strait islands from Indonesia. |
2013-02-18, 11:17 | Link #26606 | |
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
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And I don't want to get recalled because some doofus dropped sand beyond our territorial line at the Johor Straits - I'd rather blow the dredger with my MATADOR than engage in a standoff with the Malaysian Army.
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2013-02-18, 18:58 | Link #26607 | |
Moving in circles
Join Date: Apr 2006
Location: Singapore
Age: 49
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2013-02-18, 19:38 | Link #26608 | |
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
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That brings some weight to the saying "Empty vessels make the most noise".
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2013-02-18, 20:25 | Link #26609 |
Senior Member
Join Date: Jan 2008
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Russian lawmaker's body found cemented in barrel:
"The body of a Russian lawmaker was found cemented in a barrel, and a former government official has been accused of ordering the killing over an $80 million debt, officials said Monday. Mikhail Pakhomov, 37, went missing last week. He was a member of the local legislature in Lipetsk, a city some 350 kilometers (some 215 miles) south of Moscow. He was last seen last Tuesday when three unidentified men pushed him into a car outside a restaurant in Lipetsk and drove away. Russia's Investigative Committee says several suspects were detained, and that authorities found Pakhomov's badly beaten body in a barrel of cement in a garage." See: http://news.yahoo.com/russian-lawmak...192000355.html |
2013-02-18, 20:27 | Link #26610 | |
Not Enough Sleep
Join Date: Nov 2003
Location: R'lyeh
Age: 48
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2013-02-18, 21:22 | Link #26613 | |
今宵の虎徹は血に飢えている
Join Date: Jan 2009
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Also, I don't know why they would raise that in the protest? If anything, the degree of foreign control in MNCs in the finance sector seem to be even higher than those in science and manufacturing. Plenty of red tape as well in the latter sector regarding things like technology transfer but at least you get some degree of real benefit from it.
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2013-02-18, 23:32 | Link #26615 | |
books-eater youkai
Join Date: Dec 2007
Location: Betweem wisdom and insanity
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Chavez back in Venezuela, on Twitter with four million followers
http://www.reuters.com/article/2013/...91I03K20130219 Quote:
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2013-02-19, 05:04 | Link #26616 | |
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
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Other than the various brokerages - it is the only place where you can shortsell Singapore stocks, wish SMRT was one of them. Reader's Digest parent company files for bankruptcy again Fck. My. Life. Then again they just simply suck for not using online distribution.
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2013-02-19, 05:14 | Link #26617 | |
Moving in circles
Join Date: Apr 2006
Location: Singapore
Age: 49
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You'll then see why it's not as easy as it seems to sustain a publication through online revenue alone. |
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2013-02-19, 05:32 | Link #26618 | |
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
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I also guessed that the changing demographic and the non-specialised target market of RD that turned its demise, people no longer like to read "just about anything", they tend to have specific genres they like and it is not the kind where they get bombed with fact after fact. That being said, I wonder why The Economist still sells better. Maybe people like to read it to be seen as "realists"? I don't know, RD was my standard practice when I was trying to hone my speed-reading in Primary School.
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2013-02-19, 08:21 | Link #26619 |
books-eater youkai
Join Date: Dec 2007
Location: Betweem wisdom and insanity
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Not really a new but ...Security group suspects Chinese military is behind hacking attacks
http://www.reuters.com/article/2013/...91I06120130219 Huawei denies work in field linked to U.S. death in Singapore http://www.reuters.com/article/2013/...91H0G920130218
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current affairs, discussion, international |
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