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Archive for the ‘Business’ Category
We can’t ditch the dependence on foreign workers

We can’t ditch the dependence on foreign workers

In a Business Times survey with business honchos here recently, almost all of them say we can’t ditch the dependence on foreign workers, but we have to take better care of them. Is it any surprise? Cheap foreign workers enable them to make more profits, never mind it is not sustainable in the long run. After all, there is... 

I have much respect for Lim Hock Chee

I have much respect for Lim Hock Chee

I do not know Mr Lim Hock Chee, the boss of Sheng Siong Group (SSG) but I have much respect for that man. Let me explain. SSG has just announced that it will reward its staff with one extra month of salary in view of its very outstanding Q1 profits. Despite achieving astounding profits, SSG could have just kept quiet and continue... 

The people has to send a clear message to the ruling party at the general election

The people has to send a clear message to the ruling party at the general election

Business decisions to maximize profits always has an external cost to be borne by the public, even though profits will be kept privately. When businesses bring in more foreign employees, they add to congestion, worsen pollution, increase the burden on public infrastructure, cause social friction, chase up property prices and... 



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