Unsold inventory is mounting in warehouses across Singapore

dancingshoes · Oct 2, 2015

“This has re-affirmed our view that the manufacturing sector is already in recession. It has contracted by 3 consecutive quarters in year-on-year terms and in 3 out of the past 5 quarters on a sequential basis. In fact, risk is the manufacturing sector performance may worsen in the coming months given the dicey external environment,” DBS noted.

https://sg.finance.yahoo.com/news/manufacturers-swamped-unsold-stock-pmi-013800736.html

mojito · Oct 2, 2015

Unsold inventory is good. That means manufacturers are stocking up for Christmas sales. :cool:

halsey02 · Oct 2, 2015

mojito said:
Unsold inventory is good. That means manufacturers are stocking up for Christmas sales.

It is good for business...for the civil servants are flushed with money after being fed by their masters before the election...no problem for huge inventories.....just put up a sign that say SALES...they civil servants will come in swarms...

quartz28 · Oct 2, 2015

halsey02 said:
It is good for business...for the civil servants are flushed with money after being fed by their masters before the election...no problem for huge inventories.....just put up a sign that say SALES...they civil servants will come in swarms...

Aiyo....what he meant is worldwide demand is down....no amount of local buying will mean a thing as Singapore is just a drop in the ocean...US , Europe and China need to spend spend spend...

halsey02 · Oct 2, 2015

quartz28 said:
Aiyo....what he meant is worldwide demand is down....no amount of local buying will mean a thing as Singapore is just a drop in the ocean...US , Europe and China need to spend spend spend...

I know....but with so much inventories in the warehouses here...they can sell to the rich civil servants...

Martinez · Oct 2, 2015

good. waiting for lelong sale.

xpo2015 · Oct 2, 2015

Another Great Singapore Sale coming?

Yeah! PAY RAISE FOR OUR MINISTARS!

WELL DONE!!

johnny333 · Oct 2, 2015

I recently needed a few mice for my computers & bought them from Amazon. Once of the mouse was $22 cheaper from Amazon compare to buying the same model from a Spore store. The other, a wireless model, is not available here.

Shipping & handling was free because the order was over $125. It took 2 weeks for the order to reach me.

I'm waiting for Black Friday when prices are usually cheaper. I already have a shopping list ready :smile:

gingerlyn · Oct 2, 2015

johnny333 said:
I recently needed a few mice for my computers & bought them from Amazon. Once of the mouse was $22 cheaper from Amazon compare to buying the same model from a Spore store. The other, a wireless model, is not available here.

Shipping & handling was free because the order was over $125. It took 2 weeks for the order to reach me.

I'm waiting for Black Friday when prices are usually cheaper. I already have a shopping list ready

very soon singapore government will impose gst on online purchase. they will impose gst when purchase value is more than 20sgd

johnny333 · Oct 2, 2015

gingerlyn said:
very soon singapore government will impose gst on online purchase. they will impose gst when purchase value is more than 20sgd

Even if a gst is imposed on online shopping, I doubt it will help the local retailers because the cost of doing business in Spore is high. The high overheads is from high rentals, having to pay for PAP taxes like ERP, electricity, regulations .... etc

In the past businesses would pass the higher costs to the consumers but now they can't do that as people are going stuff online, from JB, from LOS,..

gingerlyn · Oct 2, 2015

johnny333 said:
Even if a gst is imposed on online shopping, I doubt it will help the local retailers because the cost of doing business in Spore is high. The high overheads is from high rentals, having to pay for PAP taxes like ERP, electricity, regulations .... etc

In the past businesses would pass the higher costs to the consumers but now they can't do that as people are going stuff online, from JB, from LOS,..

it is my fervent hope that one day amazon will set up its warehouse system in tuas island and we can enjoy better shopping from amazon!

Cerebral · Oct 3, 2015

johnny333 said:
I recently needed a few mice for my computers & bought them from Amazon. Once of the mouse was $22 cheaper from Amazon compare to buying the same model from a Spore store. The other, a wireless model, is not available here.

Shipping & handling was free because the order was over $125. It took 2 weeks for the order to reach me.

I'm waiting for Black Friday when prices are usually cheaper. I already have a shopping list ready

I am waiting for it too..... maybe the samsung sm950.... :smile:

eatshitndie · Oct 3, 2015

great! now i can get a special flat-headed screw for less. :p

JHolmesJr · Oct 3, 2015

gingerlyn said:
very soon singapore government will impose gst on online purchase.

how the fuck are they going to do that?

johnny333 · Oct 3, 2015

Cerebral said:
I am waiting for it too..... maybe the samsung sm950....

Currently using an Intel SSD drive & have never had any problems with it. Can't say the same thing about SSD drives from other companies. Have read about problems with the Samsung SSDs e.g. software.

The Penetrator · Oct 3, 2015

My balls also got very high inventory level now ! Must wait until weekend to clear stocks !

virus · Oct 3, 2015

mojito said:
Unsold inventory is good. That means manufacturers are stocking up for Christmas sales.

sinkies will have more opportunities to get free mouldy expired N95 mask courtesy of whorejinx

virus · Oct 3, 2015

eatshitndie said:
great! now i can get a special flat-headed screw for less. :p

you enjoyed being screwed by flat heads? i m only gamed for dumb blondes or rednecks

tonychat · Oct 3, 2015

johnny333 said:
I recently needed a few mice for my computers & bought them from Amazon. Once of the mouse was $22 cheaper from Amazon compare to buying the same model from a Spore store. The other, a wireless model, is not available here.

Shipping & handling was free because the order was over $125. It took 2 weeks for the order to reach me.

I'm waiting for Black Friday when prices are usually cheaper. I already have a shopping list ready

I support online buying from amazon..but they can shipped to Sg.. i thought they have a policy of not shipping product that needed warranty to sg? or you use 3rd party to help the shipping to you.

Thick Face Black Heart · Oct 3, 2015

So Singapore's manufacturing sector is in recession and the US federal reserve is going to embark on a tightening cycle?

I think we are heading for some kind of economic disaster.

There are going to be bankruptcies soon. Wait for it.

Unsold inventory is mounting in warehouses across Singapore

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