The most common squeeze profits at least ten years to promote some Singapore company cost rising city country slow growth, SAP earnings.
Reuters Singapore 268 listed companies research shows that, in 2012 the first three quarters of the business profit rate is 57% of the respondents lower than the same period last year. This is the greatest percentage for a record 9 month period, according to the townsend Reuters data back in 2002. 2012 the data have yet to be announced.
Serious shortage of manpower is rolled up enterprises in the Singapore government tighten immigration policy, although economic growth has been difficult to export in a boring and global economy.
In southeast Asia, 54% of the company report, shrinking profit, which is equivalent to 2009 record percentage, put in a global recession, the fourth largest investment bank lehman brothers bankruptcy.
, Reuters nearly 1000 companies balance sheet in Singapore, Malaysia, Indonesia, Thailand and the Philippines market worth at least $100 million ($80800000).
Especially acute pain is in Singapore, a smaller, more mature market lack of rapidly growing consumer emerging market neighbor. Inflation heating up, consumer price index, because last Monday, January is expected to rise 4.0%, according to a Reuters survey.
A Singapore business association is the head of the in those will their company headquartered in other places, looking for lower cost and greater market.
Joan avalanche, in Singapore and the chairman's gude richie global, a carpet and wallpaper company and an existing eight countries, director of the institute of small and medium enterprises, said he plans to move his company's headquarters and business and product development in wujiang city, China, near Shanghai. Sales and marketing will stay in Singapore, he said.
"Today's enterprises are facing a very embarrassing situation," chan said. "The worst of all, we can't find a worker."
"May be a lot of room for growth in China. Here, no matter how many, I can put my growth, there is a limit to," he added.
up
Singapore, a major financial and trade center, its business friendly policy, in the face of increasingly severe labor market, the authorities for containment is too crowded, property prices soaring stimulus, the flood of foreign workers.
The American chamber of commerce in Singapore by the end of last year a survey found that 15% of respondents - this is the members of the Chambers American enterprise - consider away, while 5% of people have already done so.
Andrew Tjioe, Singapore has more than 300 members of the President of the federation, said the food and beverage, rising costs and labor shortage pressure is unprecedented.
Say: "I experienced so several rounds of economic recession - 1997 years of economic recession, SARS and then in 2008, Tjioe, has been in the food and beverage industry thirty years." I can feel the pressure, I believe that this must be the worst. "
ChenGuDe rich in the world, in the past two or three years sales growth in Singapore has been very slow, and rent has risen 30%, labor costs rise, as high as 20%.
Like Jackie chan's small and small and medium-sized enterprise between the worst-hit areas. The contribution to the success of the company, Singapore's gross domestic product (GDP), more than half of the seven over ten, every ten workers.
Last month, the United States chamber of commerce in Singapore and eight other business organization joint write to the city governments emphasize more strict limit the attention of foreign labor.
"Although Singapore continue to attract a large number of foreign investment, but we worry about the current implementation of the revised labor policy negative impact of Singapore economy and reputation risk as an open economic system," the letter said.
Singapore economic development board has admitted that a more strict immigration measures of the influence of the industry, and has taken measures, including help enterprises to improve the productivity of the board of directors, managing director JieChuan doctor said.
Some companies will not be willing to completely away from Singapore, it provides a good record in the security, supervision and transparency, but its efforts may be expansion will focus on the rapid growth of the surrounding countries.
This extension can help them get through the pressure at home.
Electronic and furniture retailers court (Asia) co., LTD. (COUR. SI), there are 72 stores, in Singapore and Malaysia, the establishment of a 14 square feet (13000 square meters) Megastore music retail east of Jakarta, this will be the largest group, it will open in 2014.
"We don't want to discount the growth potential in Singapore, said:" in court chief executive AoKangNa terry. "Of course Indonesia and Malaysia have more green space area, have more choices, we go to Indonesia, we can" big box "from the first day."
Singapore bakery and restaurant chain bread neologism group co., LTD. (5 da. SI), its purpose is to improve to S $100 million income, in the coming years, and constantly expand area - especially in China and Thailand - at home, in order to balance the cost pressure.
"In Singapore's retail environment, is mainly due to the rent and artificial cost rise, BreadTalk financial director Lawrence Yang said." "To this, we have fine-tuning our business model.
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