Summary
Financial and manufacturing hubs can co--exist!!
SG is 4th and 5 th in foreign exchange volume,
but manufacturing is 24% in GDP.Taxations in a year fr this
not--so --cool sector can build 3 hospitals of total 1500 beds.
SG chips(semi--conductors) making volume is no.2 by city
and no.6 by country in the world.
DETAILS
Manufacturing not cool but still make $$
They say if u want to be a Global Finance Center or hub or whatever,
u have reduce your relevance in manufacturing,ie lower % in manufacturing
in GDP.
I think SG gavaman will give u a middle figure if u give him this advice.
Starting few years ago,Singapore is striving to double manufacturing output
to S$300 billion by 2018.
http://www.edb.gov.sg/edb/sg/en_uk/index/why_singapore/made_in_singapore.html
Manufacturing still plays a very important role in in GDP--a good 24%.
We can go for hi--tech ,but also can go for soft side of FOREX.
SG has been 4 th FOREX center,after NY,London,Tokyo.
Last year,it drops one place,replced by Zurich in foreign exchange,
http://www.mas.gov.sg/resource/eco_research/eco_dev_ana/Recent_Economic_Developments.pdf
Dunt go for any hub or center.The jobs and tax the sector provide counts.
In 2006/07 year,this sector provideS$ 1.7 billions,
more than the cost to build 3 hospitals of total 1500 beds.
http://www.asiabuilders.com/asiabuilders/2007/ABnews_single.aspx?rec_code=25582
No.2 in chips making ranked by city,No.6 by country.
�湾新竹 Taiwan Hsinchu leads the world in chip making.
SG chips making is no.6 by country ranking,after
Japan
USA
Taiwn
S KOREA
PRC.
Money is not every things.
But without $$,u cannot do too many things.
http://www.scfab.com/index.php?p=news&id=20
Chart Watch: Tiny Singapore flexes big 300mm muscles
Who's the global big-dog municipality when it comes to 300mm capacity? Taiwan's Hsinchu tops the list, but in second place with a bullet is Singapore, which has brought on at least one new fab online every year since 1995, and could sport more than $10 billion worth of new fabs coming online from 2007-2010, according to statistics from Strategic Marketing Associates.
300mm residents in Singapore include Chartered, UMC, Micron (and its IM Flash JV with Intel), Systems on Silicon, and STMicroelectronics -- which has more wafer capacity there than in Europe, noted SMA'S George Burns. Singapore's ranking is particularly impressive given competition with other regions that offer large financial incentives to build (e.g. Dresden, and New York), and those that boast existing chip infrastructure and established players (e.g. South Korea).
Not bad for a place ranked 189th in terms of the world's land mass. -- J.M.

This is only 300 mm fabers.
http://www.edb.gov.sg/edb/sg/zh_cn/index/news_room/publications/edb_chinese_sinews_2007/edb_chinese_sinews_mar07/chinese_sinews_article06.html
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A US$1 billion JV of Samsung and a Germany company.
SG makes 10% of global non--in--house chips
Some company makes their own chips(i call them in--house chips).
But most of them outsourced
for others ,called wafers,like Chartered Semi--conductor Manufacturing to make.
This cost at least 1 to 3 US billion just to build a chip factory.
Besides,the jobs are very specialised.
Fast Facts:
Singapore's achievements in the Electronics industry include:
- 10% global market share for semiconductor foundry wafer output
- Home to the world's top 3 wafer foundry companies
- Home to the world's top 3 sub-contract assembly-and-test companies
- Home to 4 of the world's top 10 fabless IC design companies
http://www.edb.gov.sg/edb/sg/en_uk/index/industry_sectors/electronics.html
What is the opportunity cost of keeping manufacturing
To put the questions in other way.Is there any better use for the land,
man power etc for factories?
Shall we follow HK,tearing down factories to build residential
to earn quick$?
Taxation from this sector is 1.7 billion,5 % of gavaman total operational expenditure
of 31.3 b.
In bad or good time,every dollar counts.
Any better ideas to use the existing sources of factories?
Stupid guys just forget factory,Singapore factory,still
can make good $$
One thing i am scared of SG gavaman is--
once they set the targets,hardly will miss it.
Remember they say few years back that Bio medical will reach
so much billions by 20xx,when SG then zero productions.
GSK in Spore profits is some S$ 6 billions !!
Fast Facts
Singapore's achievements in the Biomedical Sciences (BMS) industry include:
- Home to six of the world's top 10 pharmaceutical companies' manufacturing facilities
http://www.edb.gov.sg/edb/sg/en_uk/index/industry_sectors/biomedical_sciences.html
Singapore still relies on manufacturing for 28 percent of GDP. In Hong Kong, that share was less than 10 percent last year. ...
``I seriously doubt that Singapore will have much manufacturing in 10 years because it cannot compete on cost,''ANDY Xie says.
http://singaporeelection.blogspot.com/2007/03/andy-xie-strong-government-and-strong.html
He means the less factory is the better.God bless HK!!
No need agrue with him.Let the facts speak for itself.
I like tax from manufactory sector can build 3 hospitals in a year!!
FULL STOP.SG sure do not need Advices from not--so--successful
country by maintaining or strving to dual hubs.
No.5 in FOREX,NO.2 in chips making,no.1 in oil rigs.....
no.1 in using natural gas ---80% power generated by LNG!!
http://www.edb.gov.sg/edb/sg/en_uk/index/why_singapore/singapore_rankings.html
No need to count the rankings.Just count the money better.
1,2,3,4......
Wall of text that nobody bothers to read.
No need to count the rankings.Just count the money better.
So if smoking kills thousands of people a year you don't care as long as it makes money?
If human trafficking makes lots of money you don't care if we rank low in the report?
Originally posted by lionnoisy:Summary
Financial and manufacturing hubs can co--exist!!
SG is 4th and 5 th in foreign exchange volume,
but manufacturing is 24% in GDP.Taxations in a year fr this
not--so --cool sector can build 3 hospitals of total 1500 beds.
SG chips(semi--conductors) making volume is no.2 by city
and no.6 by country in the world.
DETAILS
Manufacturing not cool but still make $$
They say if u want to be a Global Finance Center or hub or whatever,
u have reduce your relevance in manufacturing,ie lower % in manufacturing
in GDP.
I think SG gavaman will give u a middle figure if u give him this advice.
Starting few years ago,Singapore is striving to double manufacturing output
to S$300 billion by 2018.
http://www.edb.gov.sg/edb/sg/en_uk/index/why_singapore/made_in_singapore.html
Manufacturing still plays a very important role in in GDP--a good 24%.
We can go for hi--tech ,but also can go for soft side of FOREX.
SG has been 4 th FOREX center,after NY,London,Tokyo.
Last year,it drops one place,replced by Zurich in foreign exchange,
http://www.mas.gov.sg/resource/eco_research/eco_dev_ana/Recent_Economic_Developments.pdf
Dunt go for any hub or center.The jobs and tax the sector provide counts.
In 2006/07 year,this sector provideS$ 1.7 billions,
more than the cost to build 3 hospitals of total 1500 beds.
http://www.asiabuilders.com/asiabuilders/2007/ABnews_single.aspx?rec_code=25582
No.2 in chips making,by city
http://www.scfab.com/index.php?p=news&id=20
Chart Watch: Tiny Singapore flexes big 300mm muscles
This is only 300 mm fabers.
http://www.edb.gov.sg/edb/sg/zh_cn/index/news_room/publications/edb_chinese_sinews_2007/edb_chinese_sinews_mar07/chinese_sinews_article06.html
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A US$1 billion JV of Samsung and a Germany company.
SG makes 10% of global non--in--house chips
Some company makes their own chips(i call them in--house chips).
But most of them outsourced
for others ,called wafers,like Chartered Semi--conductor Manufacturing to make.
This cost at least 1 to 3 US billion just to build a chip factory.
Besides,the jobs are very specialised.
http://www.edb.gov.sg/edb/sg/en_uk/index/industry_sectors/electronics.html
Wow.!!..really up to date info..!!...thats what i like about forums..hehe....
SG chips(semi--conductors) making volume is no.2 by city
So what.... semi-cond company is losing money
Originally posted by eagle:So what.... semi-cond company is losing money
hannor.. knnbccb.... i bought quite alot at 7 dollar plus yrs ago.. cb....
SG chips making is no.6 by country ranking,after
Japan
USA
Taiwn
S KOREA
PRC.
Money is not every things.
But without $$,u cannot do too many things.
So what if these company makes lots of money, no.1 in this and that, but citizens suffering, money from the top don't trickle down to the middle income and poor.
Singapore is the only country, despite it's high GDP per Capita, but low income for workers, compare with citizens in Japan (government always like to use them to compare out taxi fares), what is the hourly pay of a fast food restaurant staff, compare with citizens in Australia, what is the hourly pay of a waiter.
Originally posted by lionnoisy:SG chips making is no.6 by country ranking,after
Japan
USA
Taiwn
S KOREA
PRC.
Money is not every things.
But without $$,u cannot do too many things.
Yeah, but where do you think the semi cond companies come from? And what semi-cond companies do you know are operating here?
I can tell you that the MNCs come to Singapore mainly because of the geographical location.
If you don't work in or know much about the semi cond industry in Singapore, don't continue to bullshit around.