I hate to spam the below article, but my feelings are a mixture
of anger, fear and sadness:
http://economictimes.indiatimes.com/news/economy/foreign-trade/India-presses-Singapore-to-open-up-services-sector/articleshow/6623486.cms
If you are a youngster or a fresh grad, no matter what you
study, you don't stand a chance against cheaper foreigners who will
be imported en masse to replace you.
Study business related, sorry, too common, will be replaced by
your Pinoy friends, they speak english better than you.
Study engineering, sorry, too expensive, will be replaced by
your PRC friends, they can write chinese better than you, more
useful for the manufacturing plants in China
Study IT, sorry, too expensive, will be replaced by your indian
friends.
Study Mass Comms, Journalism, Film-making, Arts..sorry, you will
be replaced by your Indonesian, Pinoy, Malaysian friends, who can
speak more regional languages than you, and they are cheaper. PRC
girls who are prettier (look at our channel 8/U news broadcasters!)
Pinoy guys more handsome and Ang Mohs, speak better English than
you!
Study Chemicals, Oil & Gas, sorry, Myanmese and Banglah
friends cheaper than you.
Study Finance, sorry, Pinoys and middle-eastern friends cheaper
than you.
Now, what, my young friend, can you study? Can you support
yourself and your love ones if no matter what you study, you will
be replaced due our the pro-foreigner polices in placed by the
Govt, which your parents have voted for?
Whats you future like? Havent's think about it? Don't care?
then don't study lah ! ....
just roll over and die ..... 
I tell you now .... with an attitude like that, you will
DEFINITELY be replaced ... even without foreign talents.