Invest
31% Profit Margin For Worker Dorm Business – Should Operators Give Up Part Of Their Profits?
By Dr Wealth  •  May 18, 2020
I have seen a couple of submissions to the Straits Times forum criticising Purpose Built Workers Accommodation (PBWA) operators in Singapore. Here’s one and below is another: I know Singaporeans are upset about the rising number of Covid-19 cases which are largely contributed by foreign workers living in PBWAs. There’s something at stake here for everyone: Singapore has entered into Circuit Breaker mode until Jun and we risk another extension if the numbers are not kept under control. It is easy to point the finger at the PBWA operators and accusing them of providing poor shelters to the foreign workers that led to the outbreak of Covid-19 in the dorms. It becomes even more upsetting when the government has to build new accommodations and get taxpayers to pick up the tab. The conversation is becoming more left-leaning and starting to sound like socialism. I would like to give some...
Read the full article
By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance