Just having Kari Rice with two Merc Cab fan in Geylang,
Both are Royal group memebrs, Limo Cab for 5 Yrs and 8 Yrs.
Both LimoTD Kpkb same thing, the previous Xmas Eve and New Year
Eve,
Limo Cab Pai Tio badly（败场），
Previous few years, Xmas Eve & New Year Eve their group
members at least got 5~7 x $18 Adv Booking, Some of them even whole
night just do Limo Cab Adv Booking.
This year, average everyone take no more than 3 x $18 Adv
Booking, some got Zero.
Without the season festival which helped to mark up the GDP to
1.3++% for the last quarter from sept to december, we are actually
under technical recession, meaning a 2 quarters of downtrend.
In the coming years, the first quarter might see, being
optimistic, a stable trend, but after the chinese new year, thing
might taper off.
Singapore share market is having a slight bull run the
moment, this prove that our economy and financial haven is still
much appreciated to many richs who are facing problem else where to
park their money in our stock market.
Then with the reduction of cars on the road this coming years,
public transport like taxis can actually make a run for the money.
However, with the MOM directives of reducing foreigners that
eventually making us less competitive, we might also see less
investment and therefore less peoples.
Overall, not to worry, as long as it is not a epidermic like
SARs or a total financial or oil crisis, moderately, we should be
OK and able to survive.
Having said that, thru the Xmas and New Year, most would had
spent most of their money in shopping, travelling and enjoying
foods, couple with expenses with school going childrens..most
people are now feeling the hole in their pocket, and that translate
into lesser pax and therefore making a hole in our pocket too
