Chitchat MAS may loosen Singdollar policy on tougher 2025 growth outlook

[shock888]

https://www.straitstimes.com/busine...tm_medium=email&utm_campaign=ST_Newsletter_PM

SG dollar will weaken in 2025

 

[Dr Christopher Cheok C S]

We lost too much jobs due to strong SGD, there were already a lot before the recent Canon retrenchment.

We are looking at record year for <40-years-old filing for bankruptcy in 2024.

When a country has no industries, there is no innovation. Everyone just aspire to work for the government for high-pay and work-life balance.

 

[congo9]

Working for govt is for high pay.

 

[Dr Christopher Cheok C S]

Working for govt is for high pay.

Stronger SGD does not reduce our inflation. Our country fucked us with higher GSTs, cost of transport and commercial and industrial rentals.

Our strong SGD caused white-collar losses in private sector at amazing rate while our civil servants pay themselves well.

 

[congo9]

Stronger SGD does not reduce our inflation. Our country fucked us with higher GSTs, cost of transport and commercial and industrial rentals.

Our strong SGD caused white-collar losses in private sector at amazing rate while our civil servants pay themselves well.

It's not the strong dollar that causing the job losses. You see a lot of jiuhukia and FT all comes in and earn sgd.

It's the ability to attract good job and the costs of doing business is too high, utility,rental and other costs that kill a business.

 

[Dr Christopher Cheok C S]

It's not the strong dollar that causing the job losses. You see a lot of jiuhukia and FT all comes in and earn sgd.

It's the ability to attract good job and the costs of doing business is too high, utility,rental and other costs that kill a business.

In the past five years, our country is

Up 40% against Yen

Up 20% against Indian Rupee, Korean Won

Up 15% against Indonesian Rupiah, Peso, Baht, New Zealand Dollar

Up 8% against Ringgit, Taiwan Dollar, AUD

 

[dirtywoman]

In the past five years, our country is

Up 40% against Yen

Up 20% against Indian Rupee, Korean Won

Up 15% against Indonesian Rupiah, Peso, Baht, New Zealand Dollar

Up 8% against Ringgit, Taiwan Dollar, AUD

that means if they loosen, go thailand stay will be more expensive

 

[congo9]

That does not mean your business costs raise by all these % because of currency appreciation.

We suffered because of high property prices, high rental, high GST ,high vehicle costs and overall high business costs.

 

[Dr Christopher Cheok C S]

that means if they loosen, go thailand stay will be more expensive

Retaining your income should be more important than cheap fucks in Thailand. Besides, how often can u fuck in Thailand.

Many Singaporeans committed to heavy home loans, car loans and tuition classes for kids, many in your age group don't have much savings. They will go bust when retrenched. In the end, so many are now for bankruptcy at such young age.

 

[Dr Christopher Cheok C S]

That does not mean your business costs raise by all these % because of currency appreciation.

We suffered because of high property prices, high rental, high GST ,high vehicle costs and overall high business costs.

absolutely correct.

Even carbon tax is forcing manufacturers to leave Singapore.

A country without manufacturing has no innovation to speak of.

 

[UltimaOnline]

1 USD is expected to hit 1.5 SGD in 2025

https://longforecast.com/singapore-dollar-forecast-2017-2018-2019-2020-2021-usd-to-sgd

 

[congo9]

CB PAP is forever pretending and turning the focus onto different direction.

 

[birdie69]

We lost too much jobs due to strong SGD, there were already a lot before the recent Canon retrenchment.

We are looking at record year for <40-years-old filing for bankruptcy in 2024.

When a country has no industries, there is no innovation. Everyone just aspire to work for the government for high-pay and work-life balance.

Strong SGD is just a small factor of losing our competitiveness.
The high business cost, such rental, property price, COE and high transportation cost, high labour cost, are the main factors killing our business.
The most profitable business is government organisations, collect high COE, high Medishield Premium, high BTO...with very low business cost

 

[congo9]

It

Strong SGD is just a small factor of losing our competitiveness.
The high business cost, such rental, property price, COE and high transportation cost, high labour cost, are the main factors killing our business.
The most profitable business is government organisations, collect high COE, high Medishield Premium, high BTO...with very low business cost

it's not even a factor !!!
The ST try to siam all the issues again !