Some Singaporeans privately doubt the ability of Malaysians to compete with them in higher-value-added fields, butotherswonder if their growing investment across the straits may be creating a tough competitor.
The reason for that, though, is ordinary enough: whatever its trading update due on January 15th may show, and whatever the management's efforts to push up sales in its off-seasons, the wonder of Woolies is not its trading but the sites it has that others might make better use of.