According to Reuters...
"Economists say that generous government cash hand-outs a few days before the May 6 general election and a strong jobs market have helped boost spending at malls such as VivoCity, which will ultimately house more than 300 shops."
Vivocity is also owned by Temasek Holdings...
"Singapore needs more shops, more choice, more places to go to," said Kerry Chan at the $417 million VivoCity, owned by Singapore's investment firm Temasek Holdings. [Business Times]
Your "progress package" is back into PAP govt's pockets.
I think this sounds really funny somehow. $ handouts in May getting cashed when Vivocity is built recently at October. I doubt anyone saved that money for Vivocity...
ReplyDeleteAlso, I would like to question: which economists? Sounds like a really flaky article from Reuters here.
yeah this is a really far fetch. Much as I know "buying votes" is a theme for this blog, rying to link these two together is kinda lame.
ReplyDeleteIt's not like the handouts were a couple of gees y'know.
Then again, it said "malls like". But using Vivocity as an example is silly. Might as well say handouts in May were for the IRs.
Hey, at least yall citizens still gets it! But one thing yall fail to realize! Of course these monies given to you guys will ultimately be pumped back to the economy, why pin-point to the gahment itself? again yall dumb lah!
ReplyDeleteThe main point goes to the permanent residents. They are contributing to the economy, the 2nd generation permanent residents are doing their national service, BUT they are not given any progress packages! WHY? I suppose you want us to sign up as citizens? FUCK lah.. whether we chose to be citizens or not, we still should have at least a portion of the progress package to signify our contributions to sing economy! BUT we FUCKING DON'T!
oh I forgot to add.. FUCK YOU LAH VIVOCITY!
ReplyDelete