Is it Fiduciary Suicide to Give Out Our Hard Earned Reserves to Profitable Firms such as Citibank?
It was reported that a sum of $35 million provided as wage subsidies to 32 commercial firms had been returned to the government. Apparently, these companies do not need money from our reserves. Another 29 companies also reported that they do not wish to receive further wage subsidies. No amount has been stated or how much they...
More incentives for foreigners to motivate them to stay in Singapore
I read an online news this morning that a certain foreign student has asked the Singapore government to provide more incentives for foreigners to motivate them to stay in Singapore. I don't know the genuineness of that news, however, that story provided me some food for thought and I want to share my personal opinions regarding...
Continue using foreign migrant workers
As expected, employers are pleading their cases to continue using foreign migrant workers. The reasons they cite are the usual scare tactics: loss of competitiveness if we do away with cheaper migrant workers, can’t find locals who want to do these dirty and dangerous jobs, longer completion time of projects, etc. All these...
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