We finally now know the no. of work permits’ PMETs
Don’t you find it rather interesting there are 46,800 PMET jobs held by Work Permit holders? In this connection, why are these people not holding S-passes instead, whose minimum salary of $2,500 is, arguably, quite low for a PMET? Does this mean that there may be about 46,800 foreign PMETs earning less than $2,500 a month? To...
Interesting Bed Fellows
The race to succeed British Prime Minister, Boris Johnson has become an international sensation, particularly in India. The reason is simple, the front runner of succeed Mr. Johnson, is the former Chancellor of the Exchequer, Mr. Rishi Sunak, who is of Indian descent. The news of Mr. Sunak’s success has gone set the Indian...
MAS’s S$7.4 billion loss no big deal
A Straits Times (ST) story’s headline today - “MAS clocks net loss on the back of inflationary pressures” – may give the wrong impression and arouse undue alarm. The loss of MAS is not a matter of grave concern for the following reasons: 1. The loss came mainly from exchange translation losses. An exchange translation...
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