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    Are you ready for 7 million people on tiny Singapore?

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    • W Offline
      WeiHan
      last edited by

      pirate:
      WeiHan:

      These Businesses are whiny weak businesses that only think of their own little profit growth in the expense of bigger others.


      My employer very the good one. They pay good year-end bonuses and give me annual increments even though revenue and profit never grows. ๐Ÿ˜‰

      You really think so highly of these whiny weak businesses. When the gov gave them some incentives, they probably keep the benefits and still gave their employees 0.1% pay increment.

      1 Reply Last reply Reply Quote 0
      • P Offline
        pirate
        last edited by

        WeiHan:
        But don't forget the current strangle in infrustructure is exactly due to improperly planned population increase. Now, you are turning around to tell us that population increase will solve the problem?
        Oh, I see. So we have enjoyed the presence of fewer construction workers, gotten our salaries and bonuses from a more economic activity than would have been the case had the population been \"properly planned\" the last few years. Ok lor. Singaporeans should give back the last 5-10 years of their bonuses and increments. ๐Ÿ˜‰

        All these arguments too high brow. I put it in layman terms so people can understand better. :evil:

        1 Reply Last reply Reply Quote 0
        • P Offline
          pirate
          last edited by

          raysusan:
          Frontline Connectsใ€Šๅ‰็บฟๅผ€่ฎฒใ€‹: Whitepaper on Population


          http://singaporemind.blogspot.sg/2013/02/frontline-connects-whitepaper-on.html
          [quote]\"If there is a reduction the number of foreigners , will you accept a slowdown in the economy?\" : Vote Yes or No.

          92.5% voted \"yes\" and 7.5% voted \"no\".

          After the results of the poll was announced, Grace Fu did an incredible thing. She reinterpreted the question to mean : \"If there is a reduction in the growth in number of foreigners in our population , will you accept a slowdown in the economy?\" and concluded t he poll showed that most people agree with the White Paper which proposes a growth in foreign workforce smaller than that of recent years...........
          [/quote]Aiyoyo! The question is too high brow. They should have asked, \"If there is a reduction in the number of foreigners, will you accept lower pay and bonuses, and higher prices?

          1 Reply Last reply Reply Quote 0
          • L Offline
            limlim
            last edited by

            WeiHan:
            pirate:


            Those would be very good points for discussion. Unfortunately, the WP is not saying that we should:

            (1) slow down the construction of HDB flats;
            (2) expand the MRT network less;
            (3) stop building new hospitals;
            (4) have fewer nurses in the hospitals;
            (5) not increase the number of pre-school teachers;
            (6) make do with fewer FDWs; or
            (7) be prepared to pay more for public transport, estate cleaning, meals outside, etc.

            If only they did, we could have that sort of cost/benefit discussion in a meaningful way. Who knows? It may be a better approach than the White Paper. But we are not having that discussion. I guess because the WP figured it may not go down well with voters either.

            It is implicit in the WP's proposal. WP didn't propose a total reduction in FWs but a very slow increase.

            1. Construction of HDB flats won't slow down since we are not sending back foreign constrcution workers that are already here.
            2. MRT network. Reasoning same as construction of HDB flats.
            3. Same as the above 2 points. Why should there be a stop in new construction of hospitals just because we don't increase FWs further.
            4. Why will there be fewer nurses in hospital since slowing down the increase doesn't mean sending back those that are already here.
            5. Maybe hard to increase pre-school teachers but certainly it won't decrease base on the reasoning given above for other sectors.
            6. Same as above
            7. Same as above.

            Just to add.. if work can be done more efficiently and with better management, there could be increase in productivity and output w/o increase in manpower. Now, with massive import of FW, companies don't really look into better management but instead took the easy way out and just import more & more FW.

            Those drive, just look around, how often you see at construction site, one person work, 2 or more person eye power? Apparent poor management of resources, isn't it? Only when companies are forced by circumstances, then they will put in effort to improve efficiency and better manage their resources.

            1 Reply Last reply Reply Quote 0
            • L Offline
              limlim
              last edited by

              Sun_2010:

              Can we affort to freeze our FW population?
              We can freeze the FT.. maybe not the FW.

              Surely the polys and Uni can churn out enough skilled workers to support the economy.. And encourage companies to employ older PMETs.

              1 Reply Last reply Reply Quote 0
              • M Offline
                mum_sugoku
                last edited by

                pirate:
                raysusan:

                Frontline Connectsใ€Šๅ‰็บฟๅผ€่ฎฒใ€‹: Whitepaper on Population


                http://singaporemind.blogspot.sg/2013/02/frontline-connects-whitepaper-on.html
                [quote]\"If there is a reduction the number of foreigners , will you accept a slowdown in the economy?\" : Vote Yes or No.

                92.5% voted \"yes\" and 7.5% voted \"no\".

                After the results of the poll was announced, Grace Fu did an incredible thing. She reinterpreted the question to mean : \"If there is a reduction in the growth in number of foreigners in our population , will you accept a slowdown in the economy?\" and concluded t he poll showed that most people agree with the White Paper which proposes a growth in foreign workforce smaller than that of recent years...........

                Aiyoyo! The question is too high brow. They should have asked, \"If there is a reduction in the number of foreigners, will you accept lower pay and bonuses, and higher prices?[/quote]http://www.cnbc.com/id/42891768/Singapore039s_Fast_Growth_Creating_RichPoor_Divide

                Some quotes from the linked article:
                [quote]\"It's unfair. I'm a Singaporean, yet I'm not benefiting at all from how rich Singapore has become.\"

                Liyana and Fazli say they earn a combined S$800 ($652) a month but have been unable to make ends meet. \"Sometimes I can't even afford a S$1 ($0.80) ice cream cone for my kids,\" says Fazli, a former mechanic apprentice, who is now unemployed and depends on the income from his wife's online handmade trinkets business.[/quote][quote]Chow Penn Nee, an economist at United Overseas Bank says, \"Wage growth is clearly not keeping up with GDP growth and the divide between the rich and the poor is getting bigger.\"[/quote][quote]The opposition Workers' Party candidate, Chen Show Mao, who was a corporate lawyer before he joined the largest opposition party in Singapore, said during the party's election rally that the benefit of Singapore's economic growth \"went to corporate profits and the wages of top earners\".[/quote][quote]71-year-old cleaner Mr Tan, who only wanted to be identified by his last name, has been earning just S$4.00 ($3.20) an hour for the past 5 years. He says he's not convinced.

                \"They don't care about us. The profits all go to the bosses and government ministers. And when we speak up, we're considered as complaining.\"[/quote]

                1 Reply Last reply Reply Quote 0
                • L Offline
                  limlim
                  last edited by

                  pirate:
                  WeiHan:

                  But don't forget the current strangle in infrustructure is exactly due to improperly planned population increase. Now, you are turning around to tell us that population increase will solve the problem?

                  Oh, I see. So we have enjoyed the presence of fewer construction workers, gotten our salaries and bonuses from a more economic activity than would have been the case had the population been \"properly planned\" the last few years. Ok lor. Singaporeans should give back the last 5-10 years of their bonuses and increments. ๐Ÿ˜‰

                  All these arguments too high brow. I put it in layman terms so people can understand better. :evil:

                  Probably most Singaporean never really gotten more bonuses and increments as a result of the economic growth.. other than the ministers whose pay is pegged to GDP.. and biz owners of course..

                  For most of us.. Give back those due to impressive economic growth? sure.. take it.. $1~$10 perhaps.. ๐Ÿ˜† Give it all back.. ๆˆ‘ไธ็จ€็ฝ•ใ€‚ใ€‚ ๐Ÿ˜‰

                  1 Reply Last reply Reply Quote 0
                  • L Offline
                    limlim
                    last edited by

                    WeiHan:
                    pirate:

                    [quote=\"WeiHan\"]These Businesses are whiny weak businesses that only think of their own little profit growth in the expense of bigger others.


                    My employer very the good one. They pay good year-end bonuses and give me annual increments even though revenue and profit never grows. ๐Ÿ˜‰

                    You really think so highly of these whiny weak businesses. When the gov gave them some incentives, they probably keep the benefits and still gave their employees 0.1% pay increment.[/quote]Maybe he own the company? His employer is the biz that he is running.. of coz he can decide pay himself big fat bonuses no matter how \"difficult\" it is.. :evil:

                    1 Reply Last reply Reply Quote 0
                    • L Offline
                      limlim
                      last edited by

                      pirate:

                      Aiyoyo! The question is too high brow. They should have asked, \"If there is a reduction in the number of foreigners, will you accept lower pay and bonuses, and higher prices?
                      bcoz that question is technically wrong?

                      If there is a reduction in FT and no wage suppression, salary could go up! ๐Ÿ˜†

                      1 Reply Last reply Reply Quote 0
                      • P Offline
                        pirate
                        last edited by

                        limlim:
                        pirate:

                        Oh, I see. So we have enjoyed the presence of fewer construction workers, gotten our salaries and bonuses from a more economic activity than would have been the case had the population been \"properly planned\" the last few years. Ok lor. Singaporeans should give back the last 5-10 years of their bonuses and increments. ๐Ÿ˜‰


                        All these arguments too high brow. I put it in layman terms so people can understand better. :evil:

                        Probably most Singaporean never really gotten more bonuses and increments as a result of the economic growth.. other than the ministers whose pay is pegged to GDP.. and biz owners of course..

                        For most of us.. Give back those due to impressive economic growth? sure.. take it.. $1~$10 perhaps.. ๐Ÿ˜† Give it all back.. ๆˆ‘ไธ็จ€็ฝ•ใ€‚ใ€‚ ๐Ÿ˜‰

                        Ok lor. You tell us for the last 5-10 years, you never received any bonus or any increment hor. Even that 13th month pay is a bonus har (unless it is provided in your employment contract). ๐Ÿ˜‰

                        After that, I will tell you to change jobs. ๐Ÿ˜†

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