Tuesday, December 9, 2008

Sky is falling on Singapore

How do you know when times in Singapore are bad? The answer: ask car dealers.

Singaporeans are well-known car crazies but this year seems to be different. Car dealers in Singapore are reporting a 50 per cent drop in business as the global financial meltdown make Singaporean hold back from making deals.

Singaporean who shy away from buying cars? At the year—end holiday season? With low Certificate of Entitlement (COE) prices? Look out, the sky is falling!

No comments: