PRs’ income 47% more than Singaporeans?
(ST, Sep 5) "Parliament: Ong Ye Kung explains why median wage band of S'poreans in financial sector is lower than those of PRs, foreigners" "He was responding to Mr Louis Chua (Sengkang GRC) on the breakdown of the monthly salary for Singaporeans, PRs and foreigners in the financial sector at the 25th, 50th and 75th percentiles. Mr...
Singapore has bent so far back to placate the Indians with CECA
Singapore has bent so far back to placate the Indians with CECA, what's a peanut contribution to the NIIF if it facilitates Temasek to invest more and pour more capital into the sub-continent. There is a saying "India has little roads and rails and trains. It has a lot of laws. It has a lot of corruption." We should wish our...
Time to debate whether depending on foreigners to the extent that we are, is in our long term interest
How do you raise the minimum wage on the one hand, while flooding the market with cheap foreign workers, on the other? It is akin to trying to fill a bottle with water which has a hole at the bottom. It is an exercise in frustration. When we allow a large pool of cheap foreign workers into the country, we are in effect lowering...
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