While it is true that retail industry is important to Singapore,
it is not putting all its eggs in one basket. The fact is that we
are encouraged, even by the government to control our spending,
even though it might affect the economy, why?
Because: The Government is p roactive to invest in other
industries.
1. Life sciences, though not an established industry in this
region, it is QUESTION MARK product worth investing in.
2. Reason why government encourage SME to go regional and global?
----> higher GDP -----> better economy
Many other examples too, but yes, PLEASE spend only when necessary.
I see frens complaining economy bad lah, pay decreasing, GST
increasing lah, but then the next day go buy 1 Sony Clie or wat
costing $750. Some buy Hi-Fi close to $1000. While its their money
i cant say anything, i wan to ask, is since u complain s o much no
money why spend such money to buy these things which are luxuries
item. No palm, no Hi Fi will die? since u choose to buy these
things, dun blame the economy, dun blame government, dun blame God,
dun blame people, blame urself.
So, Think Before You Spend!!