Centurion

Centurion: Counter is down 4.4% today. According to the Straits TImes today, dormitories are seeing a sharp drop in business as companies move their foreign workers out of big purpose-built dorms in favour of cheaper options on or near their work sites. Dorm bosses say that there are at least 5,000 empty beds, and business has been getting poorer. This is a sudden turn in the state of affairs from just a year ago, when dorm bosses had long waiting lists of employers wishing to house workers in big purpose- built dorms with facilities such as foodcourts and basketball courts. Now, dorm bosses are blaming firms for the empty beds, saying they are moving workers to construction sites and factory-converted dorms which are dirtier.