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> Vivian Balakrishnan remarks that Malaysia-, -Singapore water deal is "morally wrong"

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k!nex
post Mar 3 2019, 03:01 AM

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Its okay. Then lets make life harder for SG. Play the ILS card. Keep building skyscrapers in Pasir Gudang. Be it for residential or even a giant monument also can .
Artus
post Mar 3 2019, 03:02 AM

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QUOTE(agent sawyer @ Mar 3 2019, 02:55 AM)
I know
1 of these days I'll go down and find my Hyflux contact, ask him what the hell happened

Singkies also get complacent, not just us. But their previous hard work gives them the safety net to rebound. Whereas we are constantly toeing the line...
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Maybe Singapore thought that by using desalination they can eventually be free from the need to import water from Johor. In a way that's possible, but I think that is a huge blunder on their part. Because they would have to depend more on energy imports instead to power their desalination plants.


agent sawyer
post Mar 3 2019, 03:05 AM

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QUOTE(Artus @ Mar 3 2019, 03:02 AM)
Maybe Singapore thought that by using desalination they can eventually be free from the need to import water from Johor. In a way that's possible, but I think that is a huge blunder on their part. Because they would have to depend more on energy imports instead to power their desalination plants.
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I would not be surprised if SG is the first ASEAN state to become nuclear capable.

It's the inevitable future.
Artus
post Mar 3 2019, 03:13 AM

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QUOTE(agent sawyer @ Mar 3 2019, 02:48 AM)

Or we can learn not to kena con

Guess which Msians have been doing for literal centuries rolleyes.gif

But going back to 1962 - well at the time we were so happy that we booted out all the undesirables to a little island, for a long time there was much rejoicing that we had kicked them out

But as we basked in our hubris and lenggang lenggok, people were working hard. Now we dengki and we say we kena con, they steal our land, bla bla
Even Tunku Abdul Rahman, our first prime minister, was conned into agreeing to merge with Singapore:



QUOTE(agent sawyer @ Mar 3 2019, 02:48 AM)
In my life I've watched the island's fortunes grow, from 2.2 to 2.3 to 3.0... in the meantime we are still stuck where we are

How much longer are we going to bitch and moan? When will we get down to business?
Talking about 2.2 to 2.3 to 3.0 means you don't understand Singapore's monetary policy lah. They use exchange rate policy, not interest-rate monetary policy like the rest of the world.

Why Singapore’s Central Bank Has No Key Rate


Artus
post Mar 3 2019, 03:15 AM

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QUOTE(agent sawyer @ Mar 3 2019, 03:05 AM)
I would not be surprised if SG is the first ASEAN state to become nuclear capable.

It's the inevitable future.
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Haha. That would be a big joke. A single accident would wipe out the city state.


agent sawyer
post Mar 3 2019, 03:23 AM

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QUOTE(Artus @ Mar 3 2019, 03:13 AM)
Talking about 2.2 to 2.3 to 3.0 means you don't understand Singapore's monetary policy lah. They use exchange rate policy, not interest-rate monetary policy like the rest of the world.

Why Singapore’s Central Bank Has No Key Rate
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The means is simply the means, but we are talking about the end result

MAS's objective has always been to push the rate down

If they let it run free, it'll probably be higher than it is today - what does that say about the attractiveness of their economy vs ours?

QUOTE(Artus @ Mar 3 2019, 03:15 AM)
Haha. That would be a big joke. A single accident would wipe out the city state.
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On a smaller scale perhaps, pushed out to one of the islands around Jurong. An accident isn't strictly de rigeur when it comes to nuclear power you know.

It'll come sooner or later. Possibly in our lifetime, perhaps not.

This post has been edited by agent sawyer: Mar 3 2019, 03:24 AM
Artus
post Mar 3 2019, 03:38 AM

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QUOTE(agent sawyer @ Mar 3 2019, 03:23 AM)
The means is simply the means, but we are talking about the end result

MAS's objective has always been to push the rate down

If they let it run free, it'll probably be higher than it is today - what does that say about the attractiveness of their economy vs ours?
No, they have no control over interest rates. Their intention is to control inflation, that's all. They remove Singapore dollars from the economy by pushing it up in order to reduce its availability for their people to spend.

They are well known to be a attraction for corporate tax avoidance activities. Profits from neighbouring countries which should be rightly be taxed locally are siphoned off to be taxed very lowly by them instead.


agent sawyer
post Mar 3 2019, 03:43 AM

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QUOTE(Artus @ Mar 3 2019, 03:38 AM)
They are well known to be a attraction for corporate tax avoidance activities. Profits from neighbouring countries which should be rightly be taxed locally are siphoned off to be taxed very lowly by them instead.
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Our corporate tax is just as low and we can get "dirty things done dirt cheap" better than them

So why does Singapore attract FDI and not us? Hmm... maybe because this is not the sole or even major factor in their success...

This post has been edited by agent sawyer: Mar 3 2019, 03:44 AM
Artus
post Mar 3 2019, 03:48 AM

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QUOTE(agent sawyer @ Mar 3 2019, 03:43 AM)
Our corporate tax is just as low and we can get "dirty things done dirt cheap" better than them

So why does Singapore attract FDI and not us? Hmm... maybe because this is not the sole or even major factor in their success...
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Haha. You are indeed quite ignorant about them. On the surface it looks like their corporate tax rates are not much lower than us. But multinational companies get special deals with them if offshore profits are transferred to Singapore instead. How low? Less than 1% also possible.


shirohamada
post Mar 3 2019, 04:07 AM

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agent sawyer
post Mar 3 2019, 04:09 AM

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QUOTE(Artus @ Mar 3 2019, 03:48 AM)
Haha. You are indeed quite ignorant about them. On the surface it looks like their corporate tax rates are not much lower than us. But multinational companies get special deals with them if offshore profits are transferred to Singapore instead. How low? Less than 1% also possible.
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Well we can give Lynas practically 0% deal, who wins biggrin.gif
Artus
post Mar 3 2019, 04:21 AM

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QUOTE(agent sawyer @ Mar 3 2019, 04:09 AM)
Well we can give Lynas practically 0% deal, who wins  biggrin.gif
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You can even equate an investment incentive of a genuine investor with transfer pricing activity? Why are you trying so hard to protect Singapore's morally wrong behaviour of helping others to avoid paying taxes in the countries that generated the profits?


kendo88
post Mar 3 2019, 04:34 AM

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QUOTE(Artus @ Mar 3 2019, 03:48 AM)
Haha. You are indeed quite ignorant about them. On the surface it looks like their corporate tax rates are not much lower than us. But multinational companies get special deals with them if offshore profits are transferred to Singapore instead. How low? Less than 1% also possible.
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We have quite a few tax goodies too e.g MSC status, labuan

One of my previous comps also set up biz in msia to fully exploit this, once the term expired, they just scale down and got rid major chunk of the employees over here and shift back to Singapore.
SUSAllnGap
post Mar 3 2019, 07:18 AM

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QUOTE(agent sawyer @ Mar 3 2019, 03:05 AM)
I would not be surprised if SG is the first ASEAN state to become nuclear capable.

It's the inevitable future.
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That's suicide. Just take down nuclear station and their land will be contaminated for thousands of years
SUSAllnGap
post Mar 3 2019, 07:26 AM

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QUOTE(agent sawyer @ Mar 3 2019, 03:23 AM)
The means is simply the means, but we are talking about the end result

MAS's objective has always been to push the rate down

If they let it run free, it'll probably be higher than it is today - what does that say about the attractiveness of their economy vs ours?
On a smaller scale perhaps, pushed out to one of the islands around Jurong. An accident isn't strictly de rigeur when it comes to nuclear power you know.

It'll come sooner or later. Possibly in our lifetime, perhaps not.
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They are not so stupid. Rather bribe Indonesia to have it on Batam island or further and drag power lines to supply Singapore.

Nobody so stupid to place a ticking time bomb in a such small land mass country
SUSAllnGap
post Mar 3 2019, 07:29 AM

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QUOTE(Artus @ Mar 3 2019, 03:48 AM)
Haha. You are indeed quite ignorant about them. On the surface it looks like their corporate tax rates are not much lower than us. But multinational companies get special deals with them if offshore profits are transferred to Singapore instead. How low? Less than 1% also possible.
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Where u get this info from ?? 1% that's super low
+3kk!
post Mar 3 2019, 08:16 AM

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On another note, its their local papers drawing it up

i have CNA on my facebook, everyday its water this and that

here? we worrying about semenyih
SUSmleemlee232
post Mar 3 2019, 08:19 AM

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QUOTE(Artus @ Mar 3 2019, 03:38 AM)
No, they have no control over interest rates. Their intention is to control inflation, that's all. They remove Singapore dollars from the economy by pushing it up in order to reduce its availability for their people to spend.

They are well known to be a attraction for corporate tax avoidance activities. Profits from neighbouring countries which should be rightly be taxed locally are siphoned off to be taxed very lowly by them instead.
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It is really too simplistic to say SG succeed by lowering its tax rates n all corporates will put HQ there.

How abt Labuan?

The sad truth is Malaysians all dun want to work. Only want tongkat.
SUSmleemlee232
post Mar 3 2019, 08:24 AM

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QUOTE(+3kk! @ Mar 3 2019, 08:16 AM)
On another note, its their local papers drawing it up

i have CNA on my facebook, everyday its water this and that

here? we worrying about semenyih
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Our papers had never reported the amount of money SG spent in water treatment plants in johor. The 1st water treatment plant had been handed over to Johor in 2011.

Talk to any Johorians esp those in JB n they will tell you that water rationing is not as common as in other parts of MY.

Actually, really think it is a complete waste of time for us to discuss water.

What we need is to up our own game which obviously is more difficult than just playing politics.

deodorant
post Mar 3 2019, 08:38 AM

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QUOTE(+3kk! @ Mar 3 2019, 08:16 AM)
On another note, its their local papers drawing it up
i have CNA on my facebook, everyday its water this and that
here? we worrying about semenyih
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Same same lah, Tun playing up water issue to distract from our domestic issues, SG also happy to play it up to district from their domestic issues.

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