Operating a $18,000 a month bazaar
1. Someone complained that the rental of a stall for the Ramadan Bazaar is $18,000 a month, or $600 a day. 2. This is a high rental. The stall operators need to generate revenue of $600 a day just to cover the rental. There is also the cost of workers and the cost of the goods that are sold. 3. The high rental will have to be...
The Senseless Policy Of Qualifying Salaries For Foreigners
I refer to the Qualifying salaries for Spass, EP and others and the "minimum qualifying salaries" implemented rules by MOM (LINK) I cant help notice the flaw of this policy. The have set a minimum wage model for the foreigners in the hope of discourging companies to hire more locals. In the first place such a scheme of things...
The idea that money buys success and its ripple effect on our society
There is an old story about Midas, a man who was given one wish. To Midas, riches was everything, so he wished that everything he touched would turn into gold. Midas realised too late that the food and water he touched also turned into gold. He starved to death because he foolishly wished for the wrong thing. Now if we switch...
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