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Bro unfortunatley, there are benefits to bringing foreign talent in, for the growth of our country and economy.
For 1., we bring in their talent (as they are named) --- includes their skils, way of thinking etc which differ between where each person is trained (you can compare local academia vs foreign academia). Note that Singapore does not create nasa scientists. We are namely a service-providing nation, the focus is not R& D. If we focus on R& D, countless mediocre students (who get to where they are by mere hard work) will fall out. Unfortunately, the only resource we have is human resource and we cannot afford to have too many fall out. LKY created this system of meritocracy found on hard work -- to give everyone an equal chance (so to speak. i know life is not entirely equal for all).
2. We create competition. Hard truth is competition spurs results. Without competition, numerous people will likely rest on their laurels. The result of that happening can be gleaned from our neighbour. In contrast, look at the infrastructure we have now.
Likely you' re a singaporen just like me. However, we must not forget that the natives of Singapores are the malays. We are the decendents of immigrants.
There are more benefits to bringing foreign talents. The tradeoff is we got to work harder.
For 1., we bring in their talent (as they are named) --- includes their skils, way of thinking etc which differ between where each person is trained (you can compare local academia vs foreign academia). Note that Singapore does not create nasa scientists. We are namely a service-providing nation, the focus is not R& D. If we focus on R& D, countless mediocre students (who get to where they are by mere hard work) will fall out. Unfortunately, the only resource we have is human resource and we cannot afford to have too many fall out. LKY created this system of meritocracy found on hard work -- to give everyone an equal chance (so to speak. i know life is not entirely equal for all).
2. We create competition. Hard truth is competition spurs results. Without competition, numerous people will likely rest on their laurels. The result of that happening can be gleaned from our neighbour. In contrast, look at the infrastructure we have now.
Likely you' re a singaporen just like me. However, we must not forget that the natives of Singapores are the malays. We are the decendents of immigrants.
There are more benefits to bringing foreign talents. The tradeoff is we got to work harder.
uiop1223 ( Date: 26-May-2020 22:29) Posted:
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quite volatile
They only have the same idea since LKY step down. Retrain, reskill but bring in foreign talents.
drwealthz ( Date: 26-May-2020 21:07) Posted:
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You can tell from fortitude and most of how the budgets are apportioned that the government is planning ahead. Companies/government that spend on things like skills upgrade, jobs etc. in during such times will usually reap the benefits later - even if there is temporary discomfort now (for compnaies, e.g. if the price tank). In contrast, providing immediate relief now (e.g. giving more money to the citizens or dividends) may put one at a disadvantage (relative to others) once this crisis blows over.
uiop1223 ( Date: 26-May-2020 16:09) Posted:
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Nothing much leh.
pasttime ( Date: 26-May-2020 15:43) Posted:
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$33b fortitude budget
Buyers trading at 1.90 now, moving fast
touched 1.9
$2 akan datang
$2 akan datang
CMT moving up but slow. It is oK cos many people queueing outside malls to get in.
Once tag is used the flow will be much faster
Once tag is used the flow will be much faster
Fraser CPT up 4.2% today, CMT will follow soon
191. Swee
Above $2.0 very soon. All malls slowly open for businesses after 1 June..
1.90 coming
Better than stock price YO-YO. For example, if got second wave later on (now high then later drop when second wave). Hence, stock price tank now neh mind one. Its the price to pay for a solid foundation.
xian ku hou tian. better to have solid base (foundation). Sacrifice more now, and we have better odds a strong functioning economy later on. For example, if the numbers in community can be kept at zero because of the sacrifices now.
Justice888 ( Date: 19-May-2020 21:34) Posted:
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I think we have to count on the good management of Capitamall. Land is a commodity in Singapore. If they management are smart, they will know how to use it to adapt to the changing situation.
Their cash flow in previous years will be a pointer to how the management is.
Their cash flow in previous years will be a pointer to how the management is.
Dinning out is still not allowed. Beauty outlets like hair, slimming and facials => i dont think they can open right?
Retail biz still going to suffer. Malls are still going to be dead city. Only go NTUC
Retail biz still going to suffer. Malls are still going to be dead city. Only go NTUC
Justice888 ( Date: 19-May-2020 21:34) Posted:
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Malls will be open sooner or later. Pple will still go shopping. And i hope not window shopping.
Problem is whether the shops/ tenants of the mall still open or not? or gone bankrupt liao.
Many of their malls are in central / cdb areas as well, which mean business rental fees are higher than those in suburban areas.
Very bad biz climate now for pple doing business now.
Just saw that PNC cease to be substantial shareholder ? Big insti fund out liao isit ?
Problem is whether the shops/ tenants of the mall still open or not? or gone bankrupt liao.
Many of their malls are in central / cdb areas as well, which mean business rental fees are higher than those in suburban areas.
Very bad biz climate now for pple doing business now.
Just saw that PNC cease to be substantial shareholder ? Big insti fund out liao isit ?