Singapore: Bottom of class in Asean

Don’t believe me? Look at this table where MNCs relocating from China are going to.

To be fair, S’pore’s a developed city-state while the rest of Asean are third-world countries: including Malaysia.

Btw, table also shows that PeenoyLand and Indonesia are “shithole” countries as far as manufacturing investments are concerned. Infrastructure problems, poor governance and bad labour and other laws ensure that MNCs don’t relocate there despite cheap labour and in Peenoy’s case, the use of some kind of English.

 

Cynical Investor

Cynical Investor blogs at Thoughts of a Cynical Investor

 

 

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21 Responses to “Singapore: Bottom of class in Asean”

  • Bad Boy:

    http://www.chinapress.com.my/20191107/海平面逐渐上升-30年后大马陆沉-9州城市-大走样?/amp/

    海平面逐渐上升 30年后大马陆沉 9州城市大走样?

    Fake news ???

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  • HDB flats depreciate to ZERO:

    Nit surprised. Singapore is a very expensive place with stagnant wages. That is why Singapore needs regime change.

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  • fake news from pap IB:

    truly amazing pap IB is trying so hard.

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  • Boh Kia See:

    As part of the nation building press– you seem to have read the chart the wrong way–you are reading it upside down.

    By PAP’s definition, Singapore is always top. So the chart should be read with Singapore at the top followed by Indonesia etc.

    Then write a piece surround the chart to indicate why Singapore is so lucky to avoid having these politically motivated owners to shift from one region to another–lock, stock and barrel. We may have to pull down a few HDB flats to accommodate those factories. People will be displaced to make way for foreign companies and their workers. So it is lucky that business do not wish to locate to Singapore—even preferring Indonesia to Singapore.

    That way, ST, the PAP propaganda paper would have scored a point by making people feel how lucky they are not have to put up with all these foreign factories. So time to jack up prices of daily goods.

    Vote carefully, in fact from the latest PAP televised show in Parliament, any political party would be better than the PAP and can do a better job.

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  • HDB flats depreciate to ZERO:

    Straits Times: Free Trade Agreements have created more jobs for Singaporeans: Chan Chun Sing

    Isn’t this FAKE NEWS? Why? Because CCS did not also say how many Singaporeans lost their jobs since FTA’s were signed. His statement is a half-truth therefore misleading (i.e., fake news)

    The number of Singaporeans PMETs who have lost their jobs has increased sharply since FTAs were signed. This is a fact.

    The solution is REGIME CHANGE. VTO.

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  • HDB flats depreciate to ZERO:

    Straits Times: PAP Convention: 4G leadership must and will maintain high standards of trust and integrity, DPM Heng Swee Keat on AHTC motion

    Trust is a two-way street. Trust to be trusted. If PAP trusted Singaporeans it will be more open and transparent.

    Also, its “trust but verify”. Top verify openness and transparency is required.

    On AHTC saga DPM HSK should state what PAP did, if anything, to ensure a SMOOTH HANDOVER of the AHTC when WP took over.

    Politicising the management of HDB estates is a compelling reason for REGIME CHANGE.

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  • Harder Truths:

    Economics 101 – Maximise profits
    Why would Chinese firms come to $G when they can achieve so much more in $$$ terms as well as build up joint infrastructre projects with these countries for the BRI initiative.

    $G is part of the US-Australia-NZ anti-China alliance. $G has been given permission to use the F35 Lemon which is supposed ot be used against China. China will never give $G any real access to its projects or asa partner. $G is in the US’s pockets.

    When China starts shipping its maritime goods through Malaysia and Thailand – then see the $G port trade collapse. Watch the foreign banks and companies relocate to the BRI especially the banking sector.

    Let us see how $G survives with no-brain politicians and no-balls citizens. This is not far away. And it is too late to stop even if there were enough people here to do it.

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  • Singaporeans are lucky:

    Dear all Singaporeans,
    If you had watched yesterday Channel 8 0630pm news, you will not miss what Minister Khaw said.

    Minister Khaw said that he will help all Singaporeans to acquire new skills to stay relevant with Industrial Revolution 4 (IR4) era.

    Singaporeans are very lucky to have the PAP government to think hard for them.

    From cradle to grave, Singaporeans cheat by using ten years series and then after that depend on the great PAP government to think hard for them.

    Foreign talents like Ramesh do not have such privileges/luxury.

    Foreign talents have to think hard themselves.

    Singaporeans are daft to vote opposition and opposition will crash the Sing dollars to SGD 3 vs MYR 1.

    Singaporeans you are warned not to vote Opposition.

    PAP.GUARANTEE.WIN.GE2019/20
    Majullah PAP, PAP Huat, Huat, Huat ah
    Singaporeans will vote PAP into power again for 9% GST.

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  • patriot of TUMASIK:

    Yup!!! 1st world with 3rd world mentality and policies that restrict its people from “THINKING”…and having a freedom of expression…Kim is “gold”(understand NK is trading big in Bitcoin) when in comparison to the Lies

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  • NotMyProblem:

    Singapore’s rental is very very expensive. Utilities are also very expensive. Transport and everything else also expensive. Just to pay these is enough to kill any company.

    Labor in SG also comes from Myanmar, Laos, Thailand, Vietnam and Pinoyland, so go direct to that countries would be better. No problem with migrant labor processes.

    MNCs are not stupid like our SG Ministers you know.

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  • Went to Japan:

    Singapore has become too expensive to operator, except wages everything else is sky.

    The labour in Singapore also largely from third world. Why come to Singapore and hire these third world labour when you can get them cheap in their own third world.

    Imagine JP Morgan hired Ramesh from India with fake Uptron Diploma…. for $63000.

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  • TL Tan:

    The writer made the most important point: Singapore is a developed nation while the rest of SEA is still undeveloped. Naturally company will relocate to other undeveloped countries where labour cost is cheaper for manufacturing. However, in the areas of technology and finance where the highest paying jobs are, companies will still choose Singapore, where we have an abundance of talent and one of the most productive workforce in the world. Also, in terms of portfolio investment, Singapore remains the best choice due to our superior financial markets. In short, we get the investments that truly matter, not the scraps that our neighbours are fighting for

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  • oxygen:

    @ TL Tan

    A 5-yr old would believe your facile narrative below.

    TL Tan: Also, in terms of portfolio investment, Singapore remains the best choice due to our superior financial markets. In short, we get the investments that truly matter, not the scraps that our neighbours are fighting for

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  • stop being such a cock:

    TL Tan:
    The writer made the most important point: Singapore is a developed nation while the rest of SEA is still undeveloped. Naturally company will relocate to other undeveloped countries where labour cost is cheaper for manufacturing. However, in the areas of technology and finance where the highest paying jobs are, companies will still choose Singapore, where we have an abundance of talent and one of the most productive workforce in the world. Also, in terms of portfolio investment, Singapore remains the best choice due to our superior financial markets. In short, we get the investments that truly matter, not the scraps that our neighbours are fighting for

    you are so wrong.

    companies choose Singapore because they get to live in 1st world environment built on wasted days of local born NSF NSR with paying 3rd wages to tonnes of ceca ah nehs available for hire.

    take a look at JP Morgan Singapore. tonnes of ceca ah nehs. in JP Morgan Singapore.

    ffff. if tonnes of ceca ah nehs in JP Morgan mumbai can understand. but in Singapore???

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  • Singaporeans are lucky:

    TL Tan:
    In short, we get the investments that truly matter, not the scraps that our neighbours are fighting for

    Well said, TL Tan.

    But only losers Singaporeans will buy scraps (house) in Malaysia.

    PAP.GUARANTEE.WIN.GE2019/20
    Majullah PAP, PAP Huat, Huat, Huat ah
    Singaporeans will vote PAP into power again for 9% GST.

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  • Breaking pap stranglehold:

    This is excellent ranking as it helps bring change faster.

    By the way , I have written an article for TRE to publish, it is about my solution to break PAP Stranglehold forever.
    After days still not publish .

    I suspect Kenna hijacked.

    Tech: You might want to resend it. Thank you.

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  • Asd:

    What do you expect ? Can only copy lau pei build another AP build another garden build another port soon build brothel

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  • TruBlu:

    To be fair,Vietnam is still cheap in terms of labour and especially RENT!

    VIETNAMESE are very hardworking n SMART.
    Unlike even Cambodians or Burmese,Viets can even be equals of PRCs.

    So,i give it to them.
    Sg has too many *FTs* of LOW PRODUCTIVITY.
    Any rational person would expect NATIONAL PRODUCTIVITY TO HAVE INCREASED WITH THE INTAKE OF SO-CALLED FOREIGN TALENTSSSS to REPLACE *NO ENOUGH TALENTS* sgs but the OPPISITE IS TRUE!

    GOOD N HONEST SGS WHO WORKED HARD TO MAKE THE SINGAPORE MIRACLE have mostly been *ridiculously* replaced with fake alien talents,who can deny?!

    If sgs ard daft by LKY’s standard, our Scholar-gahmen must be beyond hope!

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  • Hawking Eye:

    Precious industries get relocated here. The rest go here, there and everywhere. It is value add in Singapore. Let us keep the flag flying.

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  • It's The End Already:

    This data only shows SE Asia.
    It is not about developed economy or not.
    If data were drawn for Asia Pacific, many companies will also be shown to move to Taiwan from China.
    Why not Singapore then?
    One of the reason is that skilled labour is already depleted in Singapore.

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  • AristoCATs - all Marketing . .:

    Boh Kia See:
    As part of the nation building press– you seem to have read the chart the wrong way–you are reading it upside down.

    By PAP’s definition, Singapore is always top. So the chart should be read with Singapore at the top followed by Indonesia etc.

    . . .

    -Many chimed in – “Agreed.”
    -
    AristoCATs Marketing Dept is “numero uno”.

    -
    They will discount any survey that cast their performance negatively.
    -
    eg.

    2019 World Press Freedom Index – the StraitsTimes at 151th !
    -
    2015 index – ST at 154th !
    -
    They patted themselves -
    “In spite of adverse factors, we chalk up – an Improvement.”
    Bonus for everyone. . . .
    -
    Remember the Ballot Box !

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