26 Dec '11, 5am

‘Floods worse than breakdowns for economy’ #Singapore

‘Floods worse than breakdowns for economy’ #Singapore

Orchard road flood worse than breakdowns in terms of impact on economy. (Photo courtesy of James Chua) Flash floods, which hit Orchard Road on Friday, have affected some retailers' revenue hard due to a fall in human traffic patronising their stores, though not as seriously as in 2010 as floodgates mitigated the impact somewhat. Hamburger chain Wendy's was estimated to have lost about 60 per cent in sales due its temporary closure during the Friday dinner rush, reported The Sunday Times . The fast food chain had to throw away food to keep up with food hygiene practices. A few shops Yahoo! Singapore surveyed had their goods damaged due to the floodwaters. An electronics store at Lucky Plaza incurred a loss of $15,000 worth of goods. Yahoo! Singapore also spoke to retailers at Liat Towers and Lucky Plaza and they said though the damage of the floods on Friday was minimal com...

Full article: http://sg.news.yahoo.com/blogs/singaporescene/floods-wors...

Tweets

Orchard Road floods: Shops want answers

Orchard Road floods: Shops want answers

asiaone.com 25 Dec '11, 6am

Retailers along Orchard Road are questioning why flood prevention measures put in place this year failed to stop flood wat...

Did Singaporeans over-react to MRT breakdowns?

Did Singaporeans over-react to MRT breakdowns?

straitstimes.com 31 Dec '11, 3am

Many complained about the way SMRT handled the situation with some even calling for SMRT chief Saw Phaik Hwa to resign. --...

Property curbs could hurt economy: Redas

Property curbs could hurt economy: Redas

straitstimes.com 28 Dec '11, 12am

President of the Real Estate Developers' Association of Singapore (Redas) Wong Heang Fine (far left) with Minister of Stat...

Mosques in #Singapore will contribute for the people affected by floods in Philippines..Great Initiative..check out

Mosques in #Singapore will contribute for the p...

focussingapore.com 27 Dec '11, 9am

Due to the unexpected tragedy that took place in Philippines and has affected many people, the Rahmatan Lil Alamin Mosque ...

Are you still keen to join the financial indust...

tankinlian.blogspot.com 27 Dec '11, 11pm

During the past two decades, too many talented people entered the finance industry. Wall Street attracted the top graduate...

Heavy rain caused flash floods on 23 Dec: PUB #...

sg.news.yahoo.com 30 Dec '11, 5am

Looks like more thumbs down if anything said going against the MIWs. Looks like the 60% are out in force. Perhaps some sil...

Looking at SMRT breakdowns from a Macro View #s...

theonlinecitizen.com 24 Dec '11, 7pm

Profitablity (or the lack of it) is dependent on the government, not so much on the efficiency of the operators or their p...

Singapore Economy, Economy of Singapore,Economy...

focussingapore.com 08 Jan '12, 4am

Singapore Economy Trade and Investment One of the key strengths of Singapore is its quality of infrastructure. FTAs are su...

#Singapore witnessed 4.8 percent growth in 2011...

focussingapore.com 02 Jan '12, 11am

The Prime Minister of Singapore, Lee Hsien Loong claimed that the economy of Singapore did very well in 2011 and expanded ...

Floods again. This is bad. 2012.... not a good start.

Floods again. This is bad. 2012.... not a good ...

eforericyong.blogspot.com 05 Jan '12, 3am

Top 10 Hotties The current Top 10 Hottest Blogger Hotties, the real hot and sexy ones. Ferrari Gathering Malaysia and Sout...

Singapore's economy shrank about 6% last quarter, according to estimates

Singapore's economy shrank about 6% last quarte...

straitstimes.com 01 Jan '12, 11pm

Economists estimate that Singapore's economy may have shrunk about 6 per cent in the fourth quarter of last year, compared...

Fat people and fuel economy: A weighty connection

Fat people and fuel economy: A weighty connection

mnn.com 30 Dec '11, 5pm

The auto industry’s focus on losing weight is a welcome change . According to Christopher Knittel of the Institute of Tran...

Managing flash floods is PUB's priority: CEO

Managing flash floods is PUB's priority: CEO

channelnewsasia.com 24 Dec '11, 12pm

SINGAPORE: PUB's new chief executive is no stranger to water security. As navy chief, Chew Men Leong played a pivotal role...