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10-12-2011, 01:17 PM
I don't think singapore workers are not competitive I have my own theory.
For years and years EDB did a great job to bring in mnc here provide jobs for singaporeans.
Then strangely in the 90's the government suddenly encouraged companies to go global, seek your fortune overseas they said and they even invested in suzhou to show all the critics in the world that it was safe to go into the water and invest in communist china.
Once these companies tasted cheap labor as china and india opened it's doors they began to compare with singapore workers simple as that. So now to prevent the exodus of companies leaving SG they have no choice but to keep bringing in cheap labor here. Do you think is the case that labor force is not competitive or is it the case that mnc corporations are spoilt silly and want good labor to be cheap.
there's no control here anymore and I don't think there's floodgates regulating the flow too, it's now free flow but if think now is bad, wait till you see the FT from greece, italy spain ireland all the debt hit countries that are going to come here to escape the crushing taxes back in their countries.
For years and years EDB did a great job to bring in mnc here provide jobs for singaporeans.
Then strangely in the 90's the government suddenly encouraged companies to go global, seek your fortune overseas they said and they even invested in suzhou to show all the critics in the world that it was safe to go into the water and invest in communist china.
Once these companies tasted cheap labor as china and india opened it's doors they began to compare with singapore workers simple as that. So now to prevent the exodus of companies leaving SG they have no choice but to keep bringing in cheap labor here. Do you think is the case that labor force is not competitive or is it the case that mnc corporations are spoilt silly and want good labor to be cheap.
there's no control here anymore and I don't think there's floodgates regulating the flow too, it's now free flow but if think now is bad, wait till you see the FT from greece, italy spain ireland all the debt hit countries that are going to come here to escape the crushing taxes back in their countries.