the companies in charge of F1 setting up are tax free?
so the companies open in august close down after sept?
sept is the lull season in the tourism industry.
singapore pools introduce f1 betting to entertain bored old folks instead of going geylang.
i made a quick 20k flipping tickets
whats there not to gain?
been to the melbourne grandprix? check out the excitement generated and the huge flow of income for the hot dog stands.
Agreed, such events bring in huge amounts of cash into singapore, esp via the foreign tourists.
Yes, the big companies make money.
Yes, the rich gets richer.
And guess what, the smarter 'common' people get rich too - flipping tickets, selling drink stores, or like me, align our biz during that period to target these blur ang mohs who actually pay tons of $ for last minute stuff. =)
And the only people who dun earn anything are the lazy 'common' people who sit and whine.
we have no choice ah boo... in future SG will be damn boring and also with the competition of other neighbouring country we need some INternational events to boost our economics!
Youth Olympics, F1 , ASEANS, WORLD BANK CONference etc.
all these bring in the Moolahs ... what more is they bring recognition to other nations ... that often mistaken SG as part of British ? perhaps now part of CHINA ?
Even the CAsinos are also part of this plan...
imagine SG without all these... it is just another norm country nothing like MAlaysia, indonesia, philipines just that we are more stable in government and so called more developed.