You have as many opportunities in China as there are places: CapitaLand
China Trust’s CEO
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Even at this pivotal and volatile moment in the world economy, when
geopolitics have thrown trade relationships into doubt, China remains a
good bet in t...
4 hours ago
Uncle8888,
ReplyDeleteNot just F&B. To sound a bit callous --- at least majority of workers in restaurants & cafes etc are non-citizens.
More worrying are the large numbers of companies / industries that hire more Sinkies .... but are classified as non "critical" or non "strategic" in this semi-lockdown.
Triple whammy of demand destruction, supply disruption, and whether possible for the company to WFH or not.
Thousands of companies will be appealing to gahmen these few days to be classified as "critical". Good luck to them. E.g. construction of condos & shopping malls. LOL!
Gahmen will be rolling out even more welfare for companies over next 3-5 days, hopefully to prevent mass retrenchments ... or at least to "flatten the curve" of retrenchments & not have big bang like in US.
Halimah will be very busy listening to the council of presidential advisors. Hohoho!
Market will tank on Monday. Time to short!
ReplyDelete