$33b question


Status
Not open for further replies.
Jan 19, 2005
307
0
0
#1
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??
 

cosycatus

Senior Member
Jun 9, 2004
1,132
0
36
#2
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
 

Jan 19, 2005
307
0
0
#3
security etc ....u mean payin for the police service?
anyway no negative comments on this thread bout the garment pls.
 

mohgui

Senior Member
Jan 31, 2005
1,294
0
0
La La Land
#4
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.
 

Jan 19, 2005
307
0
0
#6
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.:bsmilie: 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??
 

lsisaxon

Senior Member
Nov 29, 2004
11,941
0
0
#7
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?
 

Big Kahuna

Senior Member
Dec 15, 2004
2,126
1
38
Singapore, Singapore, Singapor
#8
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 :thumbsup:

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 :sweat:

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 :lovegrin:
 

melvin

Senior Member
Jun 4, 2005
2,681
0
0
43
TPY
#9
this is a nice one.:bsmilie: 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!
 

Jan 19, 2005
307
0
0
#11
btw when's the next budget? should be round the corner right?
:dunno:
 

night86mare

Deregistered
Aug 25, 2006
25,541
0
0
www.pbase.com
#13
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 :thumbsup: :thumbsup: so all our taxes only go into investment, really.
 

conquer500

Deregistered
Nov 14, 2007
234
0
0
#14
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.
 

seanlim

New Member
Oct 28, 2005
943
0
0
NEL
#15
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 :thumbsup:

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 :sweat:

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 :lovegrin:
:thumbsup: Excellent
 

conquer500

Deregistered
Nov 14, 2007
234
0
0
#16
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.
 

Big Kahuna

Senior Member
Dec 15, 2004
2,126
1
38
Singapore, Singapore, Singapor
#18
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 :sweat:

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 :thumbsup:
 

Status
Not open for further replies.
Top Bottom