View Full Version : HK Riots to benefit Singapore?
The on going riot and protest in HK is going to force many big MNCs to rethink their position in HK as many will fear that such unrest will become a norm or get worst in the country.
I believe Singapore will likely to be the first to benefit if there is any fall out of companies moving out.
Expect demand for office to Singapore to rise and rental to recover in 2015.
We should not think this way. We should wish that HK become more peaceful country
We should not think this way. We should wish that HK become more peaceful country
One of the key reason for Singapore success as a financial and commercial is because of the instability in the region.
Not fair to said because of Region instability, many hv chosen Spore because Spore is a more of an English speaking Country and not to mentioned bilingual ( both Mandarin and Malay ), the operation costs are also lower in compare to HK, Rental, Food and Salary all are lower than HK, unless you need to be very close to China, otherwise overall Spore is more competitive than HK in many areas.
Not fair to said because of Region instability, many hv chosen Spore because Spore is a more of an English speaking Country and not to mentioned bilingual ( both Mandarin and Malay ), the operation costs are also lower in compare to HK, Rental, Food and Salary all are lower than HK, unless you need to be very close to China, otherwise overall Spore is more competitive than HK in many areas.
There are many reason why Singapore is chosen as a regional hub, but what I am saying is more related to wealth preservation. The reason why many wealthy tycoon in the region are putting their money here is because of Singapore political stability and stable S$ and asset price.
https://www.youtube.com/watch?v=zLSAnfg-6pc&list=UUKQVSNdzGBJSXaUmS4TOWww
http://www.globaltimes.cn/content/852442.shtml
Li Ka-shing's Cheung Kong Group of companies has poured over 30 billion pounds ($49.93 billion) into the UK, making it the biggest overseas investor in the country, the Hong Kong Daily News reported Wednesday.
http://www.scmp.com/news/hong-kong/article/1323124/li-ka-shing-offload-more-hong-kong-assets-europe-telecom-purchases
Li Ka-shing to offload more Hong Kong assets for Europe telecom purchases
Tycoon could amass more than HK$100 billion by spinning off assets in city, including Hongkong Electric, Watsons and ParknShop
http://www.theglobeandmail.com/globe-investor/investment-ideas/where-asias-richest-man-is-putting-his-money-now/article4170680/?page=all
FORBES
Where Asia's richest man is putting his money now
Asia's richest man, Li Ka-shing, has warned that Hong Kong is like "a spoilt child" and said the city was headed down a dangerous path of populism.
If the trend was not stopped, the city would have gone "totally wrong" in as little as five years.
In his second interview with a major mainland news outlet since November, Li advised the city's government to invest more in innovation and technology to improve competitiveness, and not to focus solely on poverty relief.
The chairman of Cheung Kong (Holdings) and Hutchison Whampoa, who is ranked 20th in Forbes magazine's list of the world's super-rich this year, told online news service Caixin.com: "My family was poor and there was a time when we were left completely destitute. I will never forget that. I very much understand what it is like when you need to worry about making ends meet every day.
"And it is also natural that such a situation gives rise to populism. But the important point is that society should find ways to resolve problems and not get stuck in a state of anger."
He said Singapore had been outpacing Hong Kong in recent years - without the advantage of having mainland China as its hinterland. "Singapore is congenitally deficient while Hong Kong is a spoilt child. Populism is rising in Hong Kong, and if this goes on, the city would look totally wrong in five to six years."
http://www.scmp.com/news/hong-kong/article/1442186/li-ka-shing-warns-hong-kong-spoilt-child-set-dangerous-path?page=all
http://www.chinafile.com/Li-Ka-shings-Remedy-Coddled-HK
According to the Hong Kong government, about 30,000 people, or eighty per 10,000 employed, are tech employees. And according to other leading surveys, in countries with advanced technological output, such as Israel, IT staff and engineers account for 140 per 10,000 employed. The figures are eighty-five in the United States, eighty in Japan, forty-five in China, and thirty-two in Singapore, yet we must wonder why Hong Kong is not on this list. In Hong Kong, how many of these employees are actually scientists and IT professionals? Are our government policies and environment conducive to technological developments? A high-quality employment environment should encourage each individual to perform in his full capacity and under a diversified industry structure.
The on going riot and protest in HK is going to force many big MNCs to rethink their position in HK as many will fear that such unrest will become a norm or get worst in the country.
I believe Singapore will likely to be the first to benefit if there is any fall out of companies moving out.
Expect demand for office to Singapore to rise and rental to recover in 2015.
Many will shift to JLD, not to worry. Your dream will come thru one day. But before that please get your brain wires check, Too much dream corrupts your thinking and may end u up at jalan Kayu, not gateway.
http://mp.weixin.qq.com/s?__biz=MzA5MDA2MzgxNw%3D%3D&mid=200291841&idx=3&sn=69fa8dde123210ab8e8a6cd3a6924c09&scene=4#rd
Who is your Boss?
As i was saying this is good news for Singapore.
http://www.cnbc.com/id/101963981
https://www.youtube.com/watch?v=8yDyh4UGWOc
https://www.youtube.com/watch?v=FUy8Vtqlm6Q
https://www.youtube.com/watch?v=pKpAKh82PsM
https://www.youtube.com/watch?v=kJDMmSnwmvY
https://www.youtube.com/watch?v=p6gGuVRe6gU
https://www.youtube.com/watch?v=yasH6WZQl6E
https://www.youtube.com/watch?v=4J9w5aMl_cQ
https://www.youtube.com/watch?v=r2F0uaenX1w
https://www.youtube.com/watch?v=fXHFpt-cs6A
https://www.youtube.com/watch?v=TS6k8K-pW1c
I actually don't think this is good for Singapore at all
The gov here will look at what is going on and worry more about popular unrest , they will be much less inclined to remove cooling measures and there is no way they will allow any increase in immigration, they will ensure there remains an oversupply in housing for the next few years ...
I actually don't think this is good for Singapore at all
The gov here will look at what is going on and worry more about popular unrest , they will be much less inclined to remove cooling measures and there is no way they will allow any increase in immigration, they will ensure there remains an oversupply in housing for the next few years ...
If companies in HK decides to move their regional offices to Singapore, I am sure our government will welcome them with open arms. After all Singapore government has got big plans for Singapore new financial district and future southern coast line and moving jobs to Singapore is actually a good thing for the country. Having said that, if HK investors would to get cold feet about HK future, they might just channel their funds into Singapore real estate even if they need to pay ABSD.
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