MStanley fires this Andy lah.no need sg to hint or ask them to
do.
He has crossed the line.
2.pl post Andy Xie report of sg's manufacturing doom day.
we should read it carefully to avoid any genuine pitfalls.
3.
Singapores future is still tied to
Indonesia:
Political uncertainty in Indonesia has undermined investor
confidence in the country,depressing its growth. Singapores value
depends on Indonesias growth rate.
---August 2, 2004,Andy Xie.
i cant find any agrument for the above.
4.but his colleague dunt agree.i find agruement more
convincing.
pl analysis based on agruments presented.never based on
persons.
I disagree with Andy Xies comment that Singapores
future
is tied to Indonesia and that both Hong Kong and
Singapore face generic trouble. I believe Singapores
value is not tied that closely to Indonesia.
---24.08.2004 Daniel Lian
The manufacturing links with Indonesia are
not exceptionally strong as manufacturing
investment
commitment originating from Indonesia accounted for less
than 3.2% of the total secured by Singapore in
2003.
While Indonesia is indeed an important trading
partner to
Singapore, its importance is often exaggerated. I believe
cross-border trade with Indonesia does not constitute more
than 7% or 8% of Singapores total trade.
In terms of broader investment, Singapores direct
investment in Indonesia in 2002 was S$8.13 billion
(US$4.73 billion) whereas Indonesias direct investment in
Singapore was only US$3.58 billion. They account for
5.5% and 2.6% of their respective accumulated FDI
stocks.