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Investment SKY SUITES @ KLCC [OWNERS' THREAD], "Massive" KLCC project on the cards

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yusiang
post Sep 2 2014, 06:37 PM

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Joined: Jan 2003
QUOTE(cheez @ Sep 2 2014, 06:11 PM)
How long ago was your last time? sweat.gif
Anyway, it undeniable that previously many industries were doing good but if you're in today's market, no matter which industry it is, many will tell you that it is going slower than the previous year's same period.
Do take note that the prop market is not reliant on the expats market alone. It is still the local consumers who are the main customers.
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I reserve my opinion about whole O&G industry, but Schlumberger doesnt reduce expat headcount as of today. The old expats left and then new expats come from time to time, not due to termination, but because KL is just the training ground for the expats, who are going to get bigger paycheck/higher position when they leave here...

 

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