Has crisis shaken S'poreans?
Not really. Half of 100 polled by TNP seem unfazed. 'Our Govt has got it covered,' they say.
Those who expressed concern were worried about the possible impact on Singapore's economy and their daily lives. A weaker job market, lower pay and bonuses were other worries voiced. -- PHOTO: ASSOCIATED PRESS
THE nightmare on Wall Street reached Singapore on Wednesday, with The Straits Times Index nosediving a sharp 6.6 per cent. But it seems not many Singaporeans are too concerned.
In a poll of 100 Singaporeans conducted by The New Paper, 49 per cent said they were worried about the global carnage, while 51 per cent said they weren't.
None of those polled have investments in the stock market.
Most of those who expressed indifference felt that what was happening would not really affect them, at least not in the short term.
Marketing executive Ng Con Cie, 28, told TNP: 'I'm not an immediate victim because I don't invest.' Voicing similar sentiments is public relations consultant Vanessa Ho, 39, who feels 'more like an outsider looking in'.
Confidence in the Government is another reason cited for the lack of concern. Mr Lin Ah Beng, 55, a part-time taxi driver summed it up with, 'Our Government has got it covered.'
Those who expressed concern were worried about the possible impact on Singapore's economy and their daily lives.
Mr Greg Chong, 45, who is jobless, believes that everything will be affected ultimately. He said: 'Property prices go down, inflation goes up. Ordinary people like us will be affected, like it or not.'
A weaker job market, lower pay and bonuses were other worries voiced.
'The state of the economy directly affects my chances of getting a job,' said 23-year-old Diana Tan, who is jittery about her employment prospects. The Finance major will be graduating in three months.
Engineer Cheng Ying Hui, 28, said, 'A lot of things may no longer be within my means. I'm also worried about my (pay) increment for next year.'
For Mr Ken Ng, 27, who works for a company that trains finance professionals, the slowdown has already affected him.
'This crisis directly affects my bread and butter because there will be less people signing up for training due to budget cuts. This year has already been quieter for the company.'
Not really. Half of 100 polled by TNP seem unfazed. 'Our Govt has got it covered,' they say.
Those who expressed concern were worried about the possible impact on Singapore's economy and their daily lives. A weaker job market, lower pay and bonuses were other worries voiced. -- PHOTO: ASSOCIATED PRESS
THE nightmare on Wall Street reached Singapore on Wednesday, with The Straits Times Index nosediving a sharp 6.6 per cent. But it seems not many Singaporeans are too concerned.
In a poll of 100 Singaporeans conducted by The New Paper, 49 per cent said they were worried about the global carnage, while 51 per cent said they weren't.
None of those polled have investments in the stock market.
Most of those who expressed indifference felt that what was happening would not really affect them, at least not in the short term.
Marketing executive Ng Con Cie, 28, told TNP: 'I'm not an immediate victim because I don't invest.' Voicing similar sentiments is public relations consultant Vanessa Ho, 39, who feels 'more like an outsider looking in'.
Confidence in the Government is another reason cited for the lack of concern. Mr Lin Ah Beng, 55, a part-time taxi driver summed it up with, 'Our Government has got it covered.'
Those who expressed concern were worried about the possible impact on Singapore's economy and their daily lives.
Mr Greg Chong, 45, who is jobless, believes that everything will be affected ultimately. He said: 'Property prices go down, inflation goes up. Ordinary people like us will be affected, like it or not.'
A weaker job market, lower pay and bonuses were other worries voiced.
'The state of the economy directly affects my chances of getting a job,' said 23-year-old Diana Tan, who is jittery about her employment prospects. The Finance major will be graduating in three months.
Engineer Cheng Ying Hui, 28, said, 'A lot of things may no longer be within my means. I'm also worried about my (pay) increment for next year.'
For Mr Ken Ng, 27, who works for a company that trains finance professionals, the slowdown has already affected him.
'This crisis directly affects my bread and butter because there will be less people signing up for training due to budget cuts. This year has already been quieter for the company.'
