Monday, October 29, 2018

WOTC - A strong Singapore dollar

I asked this question in the Wisdom of the Crowd:

Do you like a high Singapore dollar?

Here are the responses: (70 Votes)
36 % - No. It increases our cost of doing business and reduces jobs.
34 % - No. It allows foreigners to make a large profit on investing in properties and take the profit out of Singapore.
17 % - Yes. It gives better spending power when we travel to other countries.
13 % - Yes. It reduces the cost of imports.

See the pie chart at: 
http://www.wisdomofthecrowd.sg/chart.aspx?ID=958

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