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foreign manpower tightening

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Brah
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Postby Brah » Tue, 19 Mar 2013 9:20 pm

iloverice wrote:hehehe, my mistake.... like you all been observed, no need grammar lah.. especially when commenting something that one hate so much.. and they claimed they speak British English only (they always told me this on every occasion, to remind me of my poor English - funny accent English) . :D Strangely, I don't get the same scolding from the native speaker. sigh

hates

tripped up by plurals again

and wrong, proper grammar all the time

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Brah
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Postby Brah » Tue, 19 Mar 2013 9:23 pm

morenangpinay wrote:
Singapore based banks under pressure to hire more locals
Acting Manpower Minister Tan Chuan Jin told parliament last
week that he and Deputy Prime Minister Tharman Shanmugaratnam,
who is also the finance minister, had met senior members of the
financial industry urging them to develop a local talent
pipeline.

Dunno but from what I've seen the vast majority of people in banks or other MNCs are locals, just like in any other country. I'd like to see the numbers on this, it's got to be 80-90% local.

Crikey if they had the people we wouldn't have come here in the first place.

If anything there are probably more obstacles for hiring foreigners, not the other way around.

Edit: is=>are, this time I was tripped up by plurals....
Last edited by Brah on Wed, 20 Mar 2013 8:02 am, edited 1 time in total.

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Mi Amigo
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Postby Mi Amigo » Tue, 19 Mar 2013 9:36 pm

^^^ +1

As a country, Singapore appears to be doing its utmost to commit economic suicide right now.
Be careful what you wish for

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the lynx
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Postby the lynx » Tue, 19 Mar 2013 10:37 pm

Mi Amigo wrote:^^^ +1

As a country, Singapore appears to be doing its utmost to commit economic suicide right now.


Indeed, and the most laughable irony is that these people claim to be of exceptional intelligence and quality above everyone else, and they are still unable to see what's ahead of their myopic whines!

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nakatago
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Postby nakatago » Wed, 20 Mar 2013 7:20 am

Mi Amigo wrote:^^^ +1

As a country, Singapore appears to be doing its utmost to commit economic suicide right now.


The best part is, they're pushing us to get onto the lifeboats first!

They've seen the iceberg but didn't avoid it in time.

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Postby morenangpinay » Wed, 20 Mar 2013 12:10 pm

http://www.mom.gov.sg/newsroom/Pages/SpeechesDetail.aspx?listid=428

interesting they are reviewing US and Hongkong visa policies

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pixfirewall
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Postby pixfirewall » Mon, 08 Apr 2013 12:45 am

Singapore headhunters are spotting a new trend in Singapore – the rise of ‘opportunistic’ expats arriving in Singapore.

Essentially, ‘opportunistic’ expats are foreigners arriving in Singapore on a social visit pass without a job, trying their luck and hoping to get one here....

http://www.tremeritus.com/2013/04/07/more-opportunistic-expats-heading-to-singapore-for-jobs/
pixfirewall
IM & email: dccruzjr@msn.com

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sundaymorningstaple
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Postby sundaymorningstaple » Mon, 08 Apr 2013 6:41 am

It's only new because they are new at researching, nothing more. There has been "Opportunitistic" expats ever since I got here 31 years ago. It's been really apparent since around 1999 after the Asian financial meltdown of '97. But then, Singapore "headhunters" being the pathetic lot that they are, generally speaking, wouldn't have a clue really.

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Postby zzm9980 » Mon, 08 Apr 2013 8:11 am

[quote]Mark Hall, vice-president of recruiter Kelly Services in Singapore, said, “People want to be in Singapore. They recognise that in a competitive job market, being on the ground will demonstrate their commitment. At the same time, hiring managers are becoming increasingly reluctant to consider candidates who are based outside of Singapore when a diverse and qualified talent pool already exists here.â€Â

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Brah
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Postby Brah » Mon, 08 Apr 2013 8:20 am

Kelly, one of those 'quality' firms, unless anyone has found them to be otherwise and do not merit the apostrophes.

Being here unemployed and wistful isn't going to address a shrinking job force.

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Brah
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Postby Brah » Wed, 01 May 2013 12:37 pm

As this thread is still very relevant:

URL CENSORED DUE TO COPYRIGHT ISSUES

Edit: Oops, URL not showing, it's on asiaone

/News/Latest%2BNews/Singapore/Story/A1Story20130419-417155. h t m l

LOCALS & FOREIGNERS: Developing local talent in the banking sector On the topic of the competition between foreigners and Singaporeans, DPM Tharman Shanmugaratnam answers questions on whether there are too many foreigners in the banking sector, and what can be done to develop more local talent.

ST: Managing the foreign worker (inflow), it's also taken on a political edge. Can I ask you specifically on the banking sector, there is this perception there's a lot of foreign talent. And I think last year MAS also introduced a scheme to try and encourage banks to build their own local talent. In the financial sector, what kind of levels do you expect? Have we built up enough expertise in the locals to be able to take on senior management in the banks?

A: I think the financial sector and in fact more broadly in the economy, we've seen a bit too much of a bulge at the middle end of the workforce. In other words, not those with the sort of top expertise or specialised expertise but the lower end of Employment Pass holders as well as a significant growth in S-Pass holders.

So that middle end has grown rapidly. And that's not satisfactory, which is why we've tightened policy for both S-Pass and Employment Pass holders - more discriminating in terms of their qualifications and their experience and they've also got to be paid well enough so as not to depress the pay of Singaporeans.

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sundaymorningstaple
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Postby sundaymorningstaple » Wed, 01 May 2013 12:58 pm

Basically he's sayin' that they have to increase the salaries so that a lot of Singaporeans are paid more than what they are actually worth. Puttin' in it a nutshell.

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Mi Amigo
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Postby Mi Amigo » Wed, 01 May 2013 1:34 pm

Rearrange the following words to form a well-known phrase:

cake to want you it eat have and your

(Or leave them in the same order and say the phrase in a Yoda voice :-) ).
Be careful what you wish for

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Postby AngMoG » Wed, 01 May 2013 9:02 pm

That is a bit of a no-win situation here. If they force banks to hire more residents and less foreigners by rejecting visas (or having an unofficial quota), all but the local banks will simply move everything they can overseas. Which is actually already happening.

Also, just going to leave that here:
So we've got to make sure that we've got strong teams in Singapore with the right mix of foreigners and Singaporeans, and that foreigners must be people with real expertise.

If you look at that phrase backwards, it gives some interesting consequences...

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Sergei82
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Postby Sergei82 » Thu, 02 May 2013 10:13 am

One thing positive is it will keep my salary up as well, assuming I can outcompete the rest of the people in my industry.


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