Good spoof. Of course it is not the late FFF singing.
Inflation is not too bad if salaries can rise together with costs. But if even companies have to close down and people lose their jobs then the government really have to rethink of ways to reduce costs and refrain from sucking more money.
http://www.straitstimes.com/breaking...-see-layoffs-nMs Cham, who spoke at a press conference on NTUC's outlook for the job market this year, said the labour movement is worried that more chemical firms will follow in the footsteps of Japanese company ISK, which shut down in Singapore last year because of rising costs for rental, water and electricity.
Other chemical companies have shared that they too are grappling with rising costs of operating here and retrenchments may be imminent, she revealed. These companies are producing higher-end products such as polymers used to make goods such as cosmetics, and they employ skilled and experienced workers, she added. "They are not in the low-end business and they say their problem is not that the workers don't have the skills. The companies feel that operating in Singapore just costs too much."
Talking about closing down, I am now taking lunch at one of my favorite KPT.
Sad to see that 2 of my favorite stalls hv closed simultaneously.
Was told by the other stall that rental is close to 10k!