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Singapore’s $24 Billion Wipeout Eats Into City’s Shipyard Base

By Jonathan Burgos, Angus Whitley and Kyunghee Park (Bloomberg) — Customers have dwindled by the week at Indian Masala Hut, a curry stall in Singapore’s shipyard heartland. Manager K. Muralidoss blames the slump in oil rig-building that led to the elimination of thousands of jobs, many held by workers from India and Bangladesh. “The lunchtime crowd […] The post Singapore’s $24 Billion Wipeout Eats Into City’s Shipyard Base appeared first on gCaptain.
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