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Thread: $33b question

  1. #1

    Default $33b question

    just read on straits time that investments by our garment amounts to $33b.are the capital comin from our taxes?and hw comes we dont see any returns??
    Last edited by kirkchua79; 22nd January 2008 at 11:32 AM.

  2. #2

    Default Re: $33b question

    er...you are not investing, why should there be any direct returns to you? You pay tax b/c you live here, enjoy the security etc...
    think before asking such questions

  3. #3

    Default Re: $33b question

    security etc ....u mean payin for the police service?
    anyway no negative comments on this thread bout the garment pls.
    Last edited by kirkchua79; 22nd January 2008 at 12:02 PM.

  4. #4
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    Default Re: $33b question

    Quote Originally Posted by kirkchua79 View Post
    just read on straits time that investments by our garment amounts to $33b.are the capital comin from our taxes?and hw comes we dont see any returns??
    got what... all the parks you see out there... i think these are from our money. it's good that you are not charged to enter these parks.

  5. #5
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    Default Re: $33b question

    most of the ROI go to private pocket. keke.

  6. #6

    Default Re: $33b question

    Quote Originally Posted by mohgui View Post
    got what... all the parks you see out there... i think these are from our money. it's good that you are not charged to enter these parks.
    this is a nice one. but these park not like oceanpark and no free concert leh.but nice though to connect the cycling track in the east.longer route and safer to cycle too.
    btw wats ROI??

  7. #7

    Default Re: $33b question

    Quote Originally Posted by kirkchua79 View Post
    just read on straits time that investments by our garment amounts to $33b.are the capital comin from our taxes?and hw comes we dont see any returns??
    Where do the interests you earn from CPF savings come from?

  8. #8
    Senior Member Big Kahuna's Avatar
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    Default Re: $33b question

    Come on guys, SG gov has been doing well all these while, the gov have propelled us from nothing to 1st world status and world class living std....SGD is among the strongest currency in the world, we have one of the best heath care and education system and our inflation rate was kept in check despite the oil hikes....So we should keep the faith and have a long term view before jumping into conclusion so soon

    IMO In every crisis there will be an opportunity.....it's a good call to tap on UBS and Citybank not only for the brand, but also their knowledge and expertise.......in banking, these names are like LV and Gucci in branded leather goods, it's a guranteed of the status quo and of the highest quality, you can't create something like this over the night.....we tried that with DBS, we tried that with Singtel, and we tried that with SIA but everytime when we talk about the regional expansion.....all the polititicians and national red tapes will step in......this time round it was the other way round, we were invited so the huddlers are virtually non existent

    No doubt it's a premium paid but it was substantially lower in this kind of timing.....It's a risky business but I think locking up our money in gold or cash vault is as risky
    Last edited by Big Kahuna; 22nd January 2008 at 02:24 PM.

  9. #9
    Senior Member melvin's Avatar
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    Default Re: $33b question

    Quote Originally Posted by kirkchua79 View Post
    this is a nice one. but these park not like oceanpark and no free concert leh.but nice though to connect the cycling track in the east.longer route and safer to cycle too.
    btw wats ROI??
    Return Of Investment!

  10. #10
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    Default Re: $33b question

    Quote Originally Posted by melvin View Post
    Return Of Investment!
    I always tot it was Returns On Investment. Same meaning i guess.
    “How fortunate for leaders that men do not think.” - Adolf Hitler

  11. #11

    Default Re: $33b question

    btw when's the next budget? should be round the corner right?

  12. #12
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    Default Re: $33b question

    Quote Originally Posted by yanyewkay View Post
    I always tot it was Returns On Investment. Same meaning i guess.
    you are right... it's Returns On Investment.

  13. #13

    Default Re: $33b question

    1. you see the big big new mrt track, is drop from sky one
    2. you see the big new esplanade last time ar, one day it just poofed into existence
    3. you see all the workers drilling on the road, they work for free also, somehow someone managed to control their minds and now they are our slaves
    4. you see all the books in our library, also drop from the sky. you go to changi boardwalk to shoot sunset sometimes will find some and can keep
    5. oh yeah, sometimes librarians that work for free also drop from the sky hor
    6. all the new hawker centres ar, also drop from the sky
    the list goes on

    conclusion, singapore is a place where things drop from the sky so all our taxes only go into investment, really.
    Last edited by night86mare; 22nd January 2008 at 07:41 PM.

  14. #14

    Default Re: $33b question

    Quote Originally Posted by kirkchua79 View Post
    just read on straits time that investments by our garment amounts to $33b.are the capital comin from our taxes?and hw comes we dont see any returns??
    kaoz, so many forms of returns. just that you dun see them. childish question.

  15. #15

    Default Re: $33b question

    Quote Originally Posted by Big Kahuna View Post
    Come on guys, SG gov has been doing well all these while, the gov have propelled us from nothing to 1st world status and world class living std....SGD is among the strongest currency in the world, we have one of the best heath care and education system and our inflation rate was kept in check despite the oil hikes....So we should keep the faith and have a long term view before jumping into conclusion so soon

    IMO In every crisis there will be an opportunity.....it's a good call to tap on UBS and Citybank not only for the brand, but also their knowledge and expertise.......in banking, these names are like LV and Gucci in branded leather goods, it's a guranteed of the status quo and of the highest quality, you can't create something like this over the night.....we tried that with DBS, we tried that with Singtel, and we tried that with SIA but everytime when we talk about the regional expansion.....all the polititicians and national red tapes will step in......this time round it was the other way round, we were invited so the huddlers are virtually non existent

    No doubt it's a premium paid but it was substantially lower in this kind of timing.....It's a risky business but I think locking up our money in gold or cash vault is as risky
    Excellent

  16. #16

    Default Re: $33b question

    Quote Originally Posted by kirkchua79 View Post
    just read on straits time that investments by our garment amounts to $33b.are the capital comin from our taxes?and hw comes we dont see any returns??
    kaoz, so many forms of returns. just that you dun see them. childish question.

  17. #17
    Member Parka's Avatar
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    Default Re: $33b question

    Not bad. 20% of Facebook's valuation.

  18. #18
    Senior Member Big Kahuna's Avatar
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    Default Re: $33b question

    Not only that....If Citybank and UBS failed.....there will be thousands of peoples instantly lost their jobs in SG....and our goal to be a major financial hub will take a serious set back.....people should look deeper on the impact as a whole

    Now with SG gov ownership.....the regional headquarter status of these few big banks will be more or less assured for many years to come

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