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Coffeeshop Chit Chat - Recession? Indian FT says he is thriving</TD><TD id=msgunetc noWrap align=right>
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">kojakbt22 <NOBR>
</NOBR> </TD><TD class=msgDate noWrap align=right width="30%">Oct-17 9:45 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 4) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>1392.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Reported on today's paper:
Construction worker Chelladurai Kathamuthu, 37, is none too perturbed by the news of the financial crisis.
"This has not affected us. My company pays me, and I have work," he says.
The former farmer from Tamil Nadu, in India, has been in Singapore for the past 10 years and makes $1,200 a month.
The father of 2 boys aged 12 and 16 is prepared for the worst though, if the world economy heads further downhill. He has a buffer stash of about Rs200,000 (S$6,000) in India and wants to grow that by now saving $900 instead of $800 form his pay every month.
To do that, he plans to reduce his expenditure on entertainment like movies.
Mr Chelladurai is also consider going home once every 3 years instead of 2, because he spends $4,000 on plane tickets and gifts with every trip.
If the jobs dry up in Singapore, he may head to the gulf states in search of work. And if that proves fruitless, he will go home.
"I can go back to farming," he says.
[email protected]
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Construction worker Chelladurai Kathamuthu, 37, is none too perturbed by the news of the financial crisis.
"This has not affected us. My company pays me, and I have work," he says.
The former farmer from Tamil Nadu, in India, has been in Singapore for the past 10 years and makes $1,200 a month.
The father of 2 boys aged 12 and 16 is prepared for the worst though, if the world economy heads further downhill. He has a buffer stash of about Rs200,000 (S$6,000) in India and wants to grow that by now saving $900 instead of $800 form his pay every month.
To do that, he plans to reduce his expenditure on entertainment like movies.
Mr Chelladurai is also consider going home once every 3 years instead of 2, because he spends $4,000 on plane tickets and gifts with every trip.
If the jobs dry up in Singapore, he may head to the gulf states in search of work. And if that proves fruitless, he will go home.
"I can go back to farming," he says.
[email protected]
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