s'pore officially in technical recession

[dancingshoes]

Singapore at risk of a technical recession if industrial production dips 6.8%

yesterday's release of industrial production at -7%

External headwinds arising from the deceleration in China’s growth was the key reason behind the dire outcome. PMIs of all key markets have also turned southwards while the knock-on effects from the equity market debacle in China and the impact of the yuan devaluation have yet to be fully manifested in the headline number. These factors essentially underscored the dicey global outlook and contributed to the slump in demand.

https://sg.finance.yahoo.com/news/singapore-risk-technical-recession-industrial-020600919.html

 

[MovieStar]

My friend works in manufacturing.
Heard from him, their company going to shut down for 2 Weeks end of Oct.

 

[tonychat]

This is what you bunch of low life sinkie shit losers vote for. So fucking deal with it.

 

[dancingshoes]

My friend works in manufacturing.
Heard from him, their company going to shut down for 2 Weeks end of Oct.

which company if i may ask?

 

[MovieStar]

which company if i may ask?

Sorry can't tell you

 

[virus]

final repetroire of SG50.. here everything will go downhill. including COE.

 

[Leckmichamarsch]

My friend works in manufacturing.
Heard from him, their company going to shut down for 2 Weeks end of Oct.

tech recession gonna be for 69 weeks starting Sept 11, 2015
Only ministers will have jobs with full pay...............

 

[dancingshoes]

The biomedical, electronics, general manufacturing, transport engineering and precision engineering clusters all had declines in output.

Others, like Barclays economist Leong Wai Ho, say it will be a "close call" but expect no change in the central bank's policy.

http://www.straitstimes.com/business/economy/manufacturing-output-slides-7-in-august

 

[blackmondy]

Sinkapore all the while has been in lee-cession. It's just that GLCs are actively scratching each other's back with "businesses", propping up rentals and managing dirty money from abroad to artificially boost GDPee.

 

[borom]

Recession, haze, ponding, flu epidemics, dengue, frequent train breakdowns, ect2-makes no difference.

The ministers are still the highest paid in the world and the same party get re-elected -where's the accountability?

 

[halsey02]

Let us join hands & sing the song, our dear Minister, who is with you all the way...all the way where, you figure it out!. Please hold hands now & sing:

https://www.youtube.com/watch?v=CTMMRrxx-Ug

All Recession, will be overturned...please join hands & sing.....

https://www.youtube.com/watch?v=d-diB65scQU

You voted for the PAP...

 

[johnny333]

Heard that a Japanese MNC is closing their Spore operations. Their Spore operation is actually profitable but they are closing here to help out the workers in Japan, their home country.

So they are sacrificing foreigners to help their own citizens.

 

[kryonlight]

The natural aristocrats will shift the blame to the peasants for not being productive enough to ward off the recession. And those jobless and soon to be jobless peasants will all clap their hands and praise the natural aristocrats for a job well done.

 

[eErotica69]

This is what you bunch of low life sinkie shit losers vote for. So fucking deal with it.

Fuck your mother chee bye, you did not vote against the PAP also.

 

[kopirui]

So they are sacrificing foreigners to help their own citizens.

isnt the world world is doing that except uniquely singapore?

 

[dr.wailing]

And those jobless and soon to be jobless peasants will all clap their hands and praise the natural aristocrats for a job well done.

Sinkies deserve the type of government they voted in. We won't entertain none of their complaints.

 

[johnny333]

isnt the world world is doing that except uniquely singapore?

I smell a rat.

I find it very strange that Sporeans voted for & gave a majority to a gov't that is more interested in helping foreigners than it's own citizens.

 

[dancingshoes]

i wonder how long this downturn will last, looks to me next year will be bad.

 

[greedy and cunning]

Sinkapore all the while has been in lee-cession. It's just that GLCs are actively scratching each other's back with "businesses", propping up rentals and managing dirty money from abroad to artificially boost GDPee.

u puut it succinctlee !!!!!!

 

[enterprise2]

I smell a rat.

I find it very strange that Sporeans voted for & gave a majority to a gov't that is more interested in helping foreigners than it's own citizens.

But they r helping the citizens.... the New Citizens !