yalor, actually explosion would bring or not bring down the
market is one issue, the other issue is that when terrorist strike,
it will bring lost of confident and instill fear into investor and
public at large, just imaging a bomb set off at Raffles
MRT at peak period, it is enuf to send shock wave and
can bring fragile country like Singapore economy to it knee.
So it is not a matter of how much the explosion can damage the
surrounding but the sentiment that follow can be diseasterous. As a
country like us without any natural resources, once investors lost
confident in us, we only got HDB walls to face, no
potatos nor even a cucumber.
This one I am not afraid as it would not affect most of the
other sectors unlike 911 attack which destroyed many financial
offices in NYC including Singapore's EDB branch there.
The worst-case-scenario of a bomb at Raffles MRT is the people
working there has to use Tanjong Pagar MRT instead.
Also all active combat units in SAFs would be on standby.
Some reservist units may be activated too.
Only a plane hitting UOB Plaza and another plane hitting DBS
tower would cause investors to lose confidence.
