Quote:
Originally Posted by Unregistered
i would say unlikely
coz govt want people to spend $$
futher paycut erodes consumer confidence affected
more shop close, more retrenchments.
then a downward spiral
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I would think so.
Right now, they are promoting inward spending to keep whatever economy going.
But I am expecting
CPF cut at the employer side. That is why the
NWC is meeting up soon.