Thursday, November 19, 2015

More companies report losses than profits

For every 1 company that makes a profit in Singapore, there are 2 companies reporting losses. Something is wrong with our economic system in Singapore. This proportion does not seem right.

It shows that the cost of doing business is too high,and the difficulty of earning revenue in a highly competitive environment.

Some companies have to resort to questionable methods to earn revenue to report a profit.

Where do I get the figures? From our IRAS.

No comments:

Blog Archive