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Economy to contract 5% next year

halsey02

Alfrescian (Inf)
Asset
http://www.blinkx.com/video/a-tax-holiday-in-singapore/AM2O5g2A1ffW3ac1HYWw6g

CIMB GK's Song Seng Wun says economy may shrink 5% next year and govt will have to come up with strong measure on Dubget Day, including possibly a tax holiday

This refers to income and corporate tax

Anywya people retrenched and companies notmaking money so the tax forgone is not as great

Actually shud suspend GST

Dr. Wooden GOld(resident O&G), will tell you, "no contractions, I worry", after contractions, birth will follow, the birth of another GOlden child, which will herald anothr GOlden period!..period.:biggrin:
 

besotted

Alfrescian
Loyal
low to middle makan business will thrive

those from high-end will downgrade

also people will cut their holidays but will still wanna enjoy and the only thing left is makan
 

chupacabra

Alfrescian
Loyal
Nice. Great news. Hope the whole world recovers and leave sinkapore behind. Than those pappies bastards got no more excuses.

It will happen this time. I feel it in my bones.
 

makapaaa

Alfrescian (Inf)
Asset
traitor.jpg


Still better than Cambodia, right? Mission accomplished! Pay up! *hee*hee*
 

angie II

Alfrescian (Inf)
Asset
low to middle makan business will thrive

those from high-end will downgrade

also people will cut their holidays but will still wanna enjoy and the only thing left is makan

Not necessarily so, many will prostitute themselves to upkeep their lavish lifestyle. :eek::eek:
 
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