Hands up to point 1....
Point 2 - How to have more higher paid job for locals (TD) when
companies were to shift out of Singapore due to high operating
cost?
Let's face it, anyone here wanna be a trailer driver (in my
industry) where you can earn ard 3k plus (like the PRC driver) who
work almost 14 hours everyday???
Who would want to be in service industry (retail or hospitality)
earning 2 k per month and need to work over the weekends?
Which sector are you referrring to the higher paid job???
Banking, R & D???
Point 3 - Less social problem, take this sub forum as example, I
would say almost 100% locals and yet we have problems w/o the
interference of FT....
1) For years since the 1998 financial crisis, we hv been depending
on cheap foreign workforce, and this end up companies gaining from
it by paying low wages in a 1st world economy, and when come to
local, we hv to match or lower our expectation due to foreign
availiability. But we are living in Singapore, and spent our money
and cost here, foreigner can just go back and enjoy there cheaper
cost of living in their homeland
