Originally posted by lionnoisy:
1. [b]the FOREX market
pl read Strait Times 09 march 2007,page H34.
In last April ,SG is behind New York,London and Tokyo.
But some predicts SG may overtake Tokyo.
where is HK?
2.stock market
Bowtie Tsang stressed so much on fund amount managed
by HK and stock market value much higher than SG.
I agree it is true. But limited jobs are created.
3.Dunt count on certain industry/trade
It is foolish to boost no.1 in any trade but on
the whole is bad.
HK people and gov seems just go for high class
services and forget the low class factory jobs.
But there are some factory jobs are high value added![/b]
HK forex markets arent that well developed. In Asia, Japan is
the one with the most developed forex market.
low class factory jobs has no value, if they had value those
factory workers will be paid a nice fat salary. Thats why SIngapore
should just focus on high end manfacturing and outsource the low
end stuff to china or Vietnam or Indonesia.
