Post GE 2011 Discussion

[corneyAmber]

verykiasu2010:

agreed - balance is important: esp one of the factors of production that drives all the cost up - land cost. how high is high enough ?? i don't like him when he says lowering land cost = raiding national reserves. he is out of touch with the world, and he is raiding you and me of our hard earned money

but what does singapore has except people doing business, banking, and manufacturing, and now some gambling ?

A lot of PROPERTIES to sink us physically and financially!!!! :rotflmao:

[ChiefKiasu]

Funz:

Daddy

[quote=\"Funz\"]A friend of mine had to put her expansion plans on hold and even wind up one of her restaurants due to manpower issues. Because of that, her restaurant manager who is a Singaporean is out of a job. Because she is unable to expand, there is a loss of employment opportunity for Singaporeans.

But then again... e.g. a company which employs 1 SG manager and 10 foreigner staffs... it can shut down for all I care.
Likewise for those MNCs... e.g. 10 SG mgmt/supervisors to 100 foreigner productions workers... doesn't raise employment of locals... so who do benefit in the end?

Think Insider gave some idea as to how it works for hiring foreign workers.

Like it or not there will be jobs that are blue collar intensive like construction. Even those little companies that do your reno for you, think the people doing the ground work r locals.

Shut down for all you care? In that case be prepared to pick up the hammer n saw to do your own reno or pay a lot more to get the job done.[/quote]Funz, thank you for your contributions so far. You are telling the other side of the story, the reason why Singaporean employers need to hire foreign workers to run their operations. This is something that often gets lost in the debate against FTs. And it IS different coming from a real employer like yourself, than from the government trying to explain its policies.

[verykiasu2010]

ksi:

verykiasu2010:

agreed - balance is important: esp one of the factors of production that drives all the cost up - land cost. how high is high enough ?? i don't like him when he says lowering land cost = raiding national reserves. he is out of touch with the world, and he is raiding you and me of our hard earned money

but what does singapore has except people doing business, banking, and manufacturing, and now some gambling ?

A lot of PROPERTIES to sink us physically and financially!!!! :rotflmao:

i think so, man !

[SAHM_TAN]

I wonder would the gvt do anything about the prices of new HDB flats.


If new HDB flats prices keep increasing, will the gvt build flats on islands such as pulau ubin to provide lower priced flats? I can’t see salary increasing the same pace as the prices, so really don’t know how will the kids afford housing next time.

[SAHM_TAN]

insider:

SAHM_TAN:

I wonder would the gvt do anything about the prices of new HDB flats.


If new HDB flats prices keep increasing, will the gvt build flats on islands such as pulau ubin to provide lower priced flats? I can't see salary increasing the same pace as the prices, so really don't know how will the kids afford housing next time.

MBT may give you the solution of extending the loan period to 40 or 50 years so that the monthly installment will still be affordable...

At this rate, the loan will be extended to my grandkids liao. Those
\"green\" new HDB flats are even more ex.......I wonder are they green to be friendly to the environment or the colour of money

[Daddy D]

verykiasu2010:

but what does singapore has except people doing business, banking, and manufacturing, and now some gambling ?

Oh I forgot... SG is also nation of civil servants... where everything is budgeted for... your salaries/expenses/bonuses... and all the \"honest\" mistakes....

[verykiasu2010]

Daddy

verykiasu2010:

but what does singapore has except people doing business, banking, and manufacturing, and now some gambling ?

Oh I forgot... SG is also nation of civil servants... where everything is budgeted for... your salaries/expenses/bonuses... and all the \"honest\" mistakes....

where got dishonest mistakes ? :? :?

[verykiasu2010]

insider:

SAHM_TAN:

I wonder would the gvt do anything about the prices of new HDB flats.


If new HDB flats prices keep increasing, will the gvt build flats on islands such as pulau ubin to provide lower priced flats? I can't see salary increasing the same pace as the prices, so really don't know how will the kids afford housing next time.

MBT may give you the solution of extending the loan period to 40 or 50 years so that the monthly installment will still be affordable...

:lol: , macham Japan

in fact, since the lease if of 99 years, why not make the loan 99 years too? ...... aiya, just rent lor ....after all, if your read the HDB lease agreement carefully, its says the physical structure of the HDB blocks belong to HDB and hence you own only the space bounded by the 4 walls

[raysusan]

[quote]Less than a month had pass since Prime Minister Lee Hsien Loong promised (before GE 2011) to ’slow-down’ the intake of foreigners, Singapore is seeking to hire (from overseas) at least 150,000 ‘foreign talents’ to take up PMET jobs.


According to a report in the IndiaTimes, approximately 300,000 PMET jobs are up for grabs this year and 20% will be recruited from India, 30% from other parts of the world and 50% from within Singapore.

Jayanthi Y, chairman of hiring firm AdAstra Consultants , who is in-charge of talent acquisition for Apac, said, “Singapore today offers a never-before opportunity for Indian talent. Its proximity is an attractive element, while salary is the biggest attraction . Professionals receive 4 to 5 times what they are paid in India.”

Jobs are available particularly in banking, hospitality, technology, manufacturing, oil & gas, healthcare, mining and textiles Singapore is the regional headquarter for many American and European banks, financial institutions, manufacturing giants, oil & gas companies, large IT corporations , mining firms, healthcare and hospitality brands.

From the 50% expected to be hired within Singapore, it will be interesting to note how many will be taken up by PRs and existing Employment Pass holders, and the percentage of citizens recruited.[/quote]that is fast :imdrowning:

http://www.temasekreview.com/2011/05/12/150000-pmet-jobs-to-be-given-to-foreign-talents/

[verykiasu2010]

raysusan:

[quote]Less than a month had pass since Prime Minister Lee Hsien Loong promised (before GE 2011) to ’slow-down’ the intake of foreigners, Singapore is seeking to hire (from overseas) at least 150,000 ‘foreign talents’ to take up PMET jobs.


According to a report in the IndiaTimes, approximately 300,000 PMET jobs are up for grabs this year and 20% will be recruited from India, 30% from other parts of the world and 50% from within Singapore.

Jayanthi Y, chairman of hiring firm AdAstra Consultants , who is in-charge of talent acquisition for Apac, said, “Singapore today offers a never-before opportunity for Indian talent. Its proximity is an attractive element, while salary is the biggest attraction . Professionals receive 4 to 5 times what they are paid in India.”

Jobs are available particularly in banking, hospitality, technology, manufacturing, oil & gas, healthcare, mining and textiles Singapore is the regional headquarter for many American and European banks, financial institutions, manufacturing giants, oil & gas companies, large IT corporations , mining firms, healthcare and hospitality brands.

From the 50% expected to be hired within Singapore, it will be interesting to note how many will be taken up by PRs and existing Employment Pass holders, and the percentage of citizens recruited.

that is fast :imdrowning:

http://www.temasekreview.com/2011/05/12/150000-pmet-jobs-to-be-given-to-foreign-talents/[/quote]singapore only produces 40,000+ babies a year.....it will take 4 years' production to fill the vacancies that needed to be filled in a year, or 8 years if we exclude foreigners

close the businesses ? shun foreign investments ? beware of the spiral effect of job loss. the moment we stop growing the economy, we not only stagnate, we will be beggar to our neighbours soon

investments that passed by singapore will not come round again. opportunity does not knock twice