Land of milk and honey for foreign talents, Third World backwater for migrant workers
COVID-19 has laid bare the country’s worst-kept secret – foreigners have taken so many of the plum jobs in this country that in key sectors like banking, they form the majority in top management positions. Singapore has long become the land of milk and honey for the talented and very often the not-so-talented as well. We...
The strange case of the missing $18b in ‘Contingencies Funds’
In this article in May, I pointed out that $18bn was in “Contingencies Funds” in the then latest “Fortitude Budget”. So when I first heard about the latest $8bn in corporate welfare (OK, OK there’s trickle down to the plebs), I tot “Only $5bn left leh”. But then I learnt Fresh S$8b Covid-19 measures funded in...
A Singaporean Core?
As usual a laughable phrase coined by the PAP to beguile Singaporeans. You don’t have a Singapore Core when 57% of senior management positions in the banking industry are held by foreigners! That is why I say we have a government of spin and fluff! Nice sounding phrases and words, such as “no one left behind”and a “Singapore...
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