Post GE 2011 Discussion

[verykiasu2010]

ksi:

verykiasu2010:

labour cost at every level is on one of the cost factors. the relentless increase in rental is a major factor too. the biz owners are squeezed from all sides

No leh...for FT, they cost many mega times more than local talent leh so local talent is cheaper in this case.... If they pay the same kind of mega bucks to our local talent, then more will take up the challenge? Just like how PAP bought the talent out of corporate world?

Rental I agree...the biggest winners are landlords, not businessmen. :rotflmao:

it really beats me why no one bring up the issue of JTC properties being \"ta bao\" into reits and squeeze the tenant high and dry, hawker centre rent ever go down ? must tender or bid for it right ? how cost of living don't go up ?

[AceTutors123]

i think the FTs and unemployment thing is quite difficult to understand.


i’ve come across so many fresh graduates who cannot find any jobs and resort to being full time tutors. Granted they can earn a decent amount every month.

i think the main issue is that our government is saying that we need foreigners to do jobs singaporeans dont want to do but in actual fact they are taking over our white collar jobs and also managerial positions. Healthcare and F and B is all foreigners.

and i think i have more and more foreigners wanting to become tutors too.
they wanna stick their finger in every pie…

[concern2]

Thanks verykiasu2010, Funz, MummyThreeSteams for your insight. Learnt something new today! Again, this thread is too addictive...need to go for rehab again! :thankyou:

[verykiasu2010]

dunnoleh:

verykiasu2010:

...

this is not speculative

they have been persuaded to move fund management to singapore

i was at their geneva office

what! you brought them here?
somebody asked you to jack up our GDP, issit? GRRR..... :mad:

:rotflmao: :rotflmao: i where got powder to bring them here ? if I have, I won't be a keyboard warrior here liao.....

happen to visit their geneva office..... :rotflmao: :rotflmao:

[Jennifer]

Funz:

MummyThreeStreams:

If the government now decides to pull back on access to foreign workers, then we must accept that there may be lower, slower growth. This is the trade-off.


We can't have our cake and eat it....

OK, enough of my verbal diarrhoea. Don't flame me ok? I think I've been dealing with too much kids stuff being stuck at home I feel I gotta exercise my rusty brain a bit...

Anyway, gotta get back to my kids now.

:celebrate: All the things I wanna say and more.

:thankyou: :goodpost: this thread has taken a new life :celebrate:

[verykiasu2010]

[quote="DesertWind"]


jamban in her country of origin means toilet, broadcast from parliament some more…got crass

[verykiasu2010]

AceTutors123:

i think the FTs and unemployment thing is quite difficult to understand.


i've come across so many fresh graduates who cannot find any jobs and resort to being full time tutors. Granted they can earn a decent amount every month.

i think the main issue is that our government is saying that we need foreigners to do jobs singaporeans dont want to do but in actual fact they are taking over our white collar jobs and also managerial positions. Healthcare and F and B is all foreigners.

and i think i have more and more foreigners wanting to become tutors too.
they wanna stick their finger in every pie...

when i was hiring accountants, may be about 5 out of 200 are singaporean applicants !? reason ? jurong is too ulu for singaporean to work in even with transport provided or car allowance, and we are talking about at least $5k per month!

we were willing to pay S$12k to send some one to Shanghai to jaga our interest there - housing provided - no taker !! no choice, hire the malaysians lor and pay less, 40% less !!!

[AceTutors123]

Funz:

MummyThreeStreams:

[quote=\"Oppsgal\"]


But currently how many Singaporeans are jobless too :?

On a seasonally adjusted basis, 57,100 locals were unemployed in Mar 2011. This corresponds to a resident unemployment rate of 2.7%, which is pretty much full-employment (full employment does not mean zero unemployment, as there will always be people in between jobs and looking for jobs). (Data from MOM, http://www.mom.gov.sg. It's actually the lowest since 2001.

.....

As citizens, we cannot only ask the government to do something for us. we should also ask them to explain - so what's the implication of this or that on me or my neighbour? or maybe point out these implications to them, in case they haven't thought about it. but we must understand that most of the time, even if a policy makes someone better off, someone will be worse off. There is always a trade-off. And we must understand what exactly we are unhappy with - is it the policy itself, or implications of the policy.

OK, enough of my verbal diarrhoea. Don't flame me ok? I think I've been dealing with too much kids stuff being stuck at home I feel I gotta exercise my rusty brain a bit...

Anyway, gotta get back to my kids now.

:celebrate: All the things I wanna say and more.[/quote]
i think singapore's growth is already slower than other countries already due to our low multiplier coz of high savings. CPF, asian mentality and savings orientated government policies.

Good points and bad Points i think the high savings rate already reduced our inflations and stuff.

[SAHM_TAN]

verykiasu2010:

Daddy

[quote=\"verykiasu2010\"]

the same for singaporean companies to relocate out

Er... which kind? The GLCs or the SMBs?
If GLCs relocate out, sure kena eaten by overseas counterparts/garmen...
If SMBs... haven't relocate out, already kena eaten by local counterparts/garmen...

Can't think of any example of SG companies relocating out of SG... expanding at most.

those emc are not growing local operation, but growing more and more overseas, what is remaining in singapore is really for doing national service, to reduce the howling of job loss to singaporeans

sometime the singapore operation is run at a loss but the overseas operation help to absorb the loss. given a chance they rather hive all operations to overseas. i cannot name names here. i used to handle their finance and i know what numbers i am talking about[/quote]An eye opening post, thanks for sharing. Then question is how do we prepare our kids?

[raysusan]

new version of


Chiam See Tong. A tribute to a True Son of Singapore

http://www.youtube.com/watch?v=h7Yu59geu1Y&feature=feedu

hope he can come back in 5 yrs time