I see a darker cloud ahead, with the stumble of the share
markets, and both the short and long term uncertainties which many
predict will be double dip recession, we might face some
difficulties when pax's pockets are running deep. If have, my
advise is save for the coming raining days.
Last month was a bonus and wage increase month for most
companies, my company also give good bonuses and NWC
increases, you will see better income as most will have better
spending power, the lasting effect might spill over to this month,
but you will see a bit tight situation coming sept and the month
ahead, tourism might also drop especially from the western side,
both europe and states are in deep shit. Inflation might go
as high as 6%, imagine the transport hike coming in, all prices of
goods will go up, couple with strong SGD, import and export is
going to suffer, it will be a belt tightening month ahead.
If you are not earning per month another 4 to 5% more, you will
be affected by the inflation rise, companies are giving on average
also 4 to 5 % wage increases in line with the cost of living,
otherwise, people will change job or look for better ones. But for
Taxi drivers, we get nothing but more work, driving, tiring,
argueing, frustration and higher and higher fuel and rental cost,
in short, we might be losing. Knn, what the F is this National Taxi
Association Doing??
Well said bro tats y we always emphasize to take care of our own
pockets 1st .........
