NTUC Fairprice failed their investment in China
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Looks like they can only be competitive in Singapore with the help from the government.
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y do u say that?
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that's quite sad that they failed
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They are doing so well in Singapore. Nobody can fight. More and more branches here, ever the american come here also can not fight. They can't make it in China because the Chinese government is not giving them any special treatment like what they got in Singapore.Originally posted by xifousai:y do u say that?
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yeahhh damn trueOriginally posted by yappiegummie:They are doing so well in Singapore. Nobody can fight. More and more branches here, ever the american come here also can not fight. They can't make it in China because the Chinese government is not giving them any special treatment like what they got in Singapore. -
its true.
in fact many local businesses can barely compete or survive overseas.
what the foreigners are saying is right. we are good only in this region. -
Our 'law by law' theory dun work in ChinaOriginally posted by dragg:its true.
in fact many local businesses can barely compete or survive overseas.
what the foreigners are saying is right. we are good only in this region.
So far, only ComfortDelGro and PSA are doing well in China if talking abt co that govt hold stakes in...
But I did remember ex-boss said China biz doing well? They just want their face -
i have heard how lowly hong kong and mainland chinese people think of us.
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Actually, they do also have their own prob...Originally posted by dragg:i have heard how lowly hong kong and mainland chinese people think of us. -
Having stayed in a real first world country for a couple of years...
all I have to say is...
NTUC Fairprice got crappy service, inferior interior design and layout, ancient inventory layout...and most importantly prices not that cheap either...good enough for us frogs in the well...gotta visit TESCO in UK to feel the difference... -
In fact, many that have been in retail ind do agree the services that NTUC offers, would make it at a disadvantage in the near futureOriginally posted by Fr0sty:Having stayed in a real first world country for a couple of years...
all I have to say is...
NTUC Fairprice got crappy service, inferior interior design and layout, ancient inventory layout...and most importantly prices not that cheap either...good enough for us frogs in the well...gotta visit TESCO in UK to feel the difference...
But what do they do? They just tighten their monopoly... But a word of caution, this makes them lagi disadvantage
Already suppliers have already channels to give disadvantage offers to NTUC -
NTUC using RFID now? dun think so right?
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Sainsbury's is better. It's got some really great quality product ranges, such as pre-packaged microwave-to-eat meals and English-made German-style beer.Originally posted by Fr0sty:Having stayed in a real first world country for a couple of years...
all I have to say is...
NTUC Fairprice got crappy service, inferior interior design and layout, ancient inventory layout...and most importantly prices not that cheap either...good enough for us frogs in the well...gotta visit TESCO in UK to feel the difference... -
Originally posted by yappiegummie:Looks like they can only be competitive in Singapore with the help from the government.
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last time they fail in vietnam, now in china. then in future dun know where.
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but their balance sheet is always very positive.
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They still want their face mah...Originally posted by dragg:but their balance sheet is always very positive. -
in singapore, u do what the law says is legal.
in china, u should do what the law didnt say is illegal. -
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http://sgforums.com/?action=thread_display&thread_id=170886