
Question No. 1:
Which factory net profis is one and half of Sing Tel



2.Which factory net profits is more than sum of net profits
of
ALL 3 LOCAL banks.
S1000 Award Top Net Profit by
Industry
Company Name......................Net Profit SGD '000
Communications/Transport/Storage
Singapore Telecommunications Limited.....$4,161,300
Finance
United Overseas Bank Limited .................$1,731,403
Hotels/Food Establishments
Goodwood Park Hotel Limited ....................$208,596
Manufacturing
Glaxo Wellcome Manufacturing Pte Ltd
.........$6,593,844
Retail
DFS Venture Singapore (Pte) Limited ............$148,707
Services
Singapore Press Holdings Limited ....................$488,389
Wholesale
Exxonmobil Asia Pacific Pte. Ltd.
......................$1,833,794

2.SG government expense is some $30 billion pa.Profits of Glaxo
Wellcome Manufacturing Pte Ltd .........$6,593,844,000 is more than
20% of sg expenses!!.
Of course,there is much tax incentives under Pioneer Certificates
etc.
3.Manufacturing still can feed many local and foreign families.