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With Singapore a lots of things in hand and its such a small country.. Doing so many things at a time. etc casino, youth 2010. are they able to focus all together at one go?
Are they able to deliver both the planned stadium and the casino in time? if so.. where are all the extra income going to come from? manpower, material? another increase on the GST? will that really solve the problem?
True that there will be sponsor but how much can they support on 3 huge projects?
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Originally posted by Blurified:singapore = jack of all traits, master of none... if SG wana be best in everything... its not gonna achieve it...

While I have a philosophy that is totally alien to the discussion going on here... I can't help chiming in.
A diversified portfolio works better then investing in just one stock. Don't put all your eggs in one basket. etc etc.
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Originally posted by dragon_stone:can lah, got money mah, can employ FTs
unless money stucked somewhere and cannot deliverif they can invest over 20 billion in citi grp hor, means, they r super uber rich
casino, planned stadium is nothing compared lor...
Sg government just have to do better than tat...
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Originally posted by youyayu:With Singapore a lots of things in hand and its such a small country.. Doing so many things at a time. etc casino, youth 2010. are they able to focus all together at one go?
Are they able to deliver both the planned stadium and the casino in time? if so.. where are all the extra income going to come from? manpower, material? another increase on the GST? will that really solve the problem?
True that there will be sponsor but how much can they support on 3 huge projects?Er...I thought these are all PRIVATE projects? Why are you questioning if Singapore government can deliver?
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Originally posted by youyayu:don't forget F1 and more.. and to those who say this are private project YES IT IS.. but have u wonder where the money is coming from and its who's suggestion? too many thing for a small peanut country won't do good..
AFAIK, Genting International issue rights and bank borrowing to fund their Genting project. While LV Sands took up sydicate loans to fund their investment at Marina Bay
I also know that the goverment has pocketed a few billions from issuing the casino licenses and awarding the 2 plots of lands to casino operator.
Plus I believe the IR projects have resurrected Singapore property market in a great way and that has resulted in higher collection in stamp fees and property taxes for government, plus receiving higher bids for stateland
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