Government determined to increase population to 7 mil in 2030.

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(11-02-2013, 03:05 PM)VIChris Wrote: The white paper lack references and substantiation on various claims and points made. For example, "Nurse is low skill worker", if this is an important paper on Singapore's future, how could they made such mistake (if you understand how the government's machinery work on creation/planning, rounds of checks before the paper could even landed on the minister or PM's desk) Small thing they can screwed out, what about big thing? What do you think?

“Certain low-skilled jobs like personal services, retail, and nursing are hard to offshore. They will still be needed even as the economy upgrades.”

Try to replace the words by "low-paid" and everything will seem to gel.

But. to say that these jobs were lowly paid reflects badly on them and so they used the more appropriate words - low-skilled.
However, they had forgotten that nursing actually is a highly demanding job and requires good technical knowledge.

In the current singapore context, personal service, retail and nursing are lowly paid jobs which is correct.

Given the gov direction and perception, please do not ask your kids to be nurses, retail staffs or anything related to personal services.
Their wages will be depressed.
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(11-02-2013, 03:37 PM)yeokiwi Wrote: Given the gov direction and perception, please do not ask your kids to be nurses, retail staffs or anything related to personal services.
Their wages will be depressed.

LOL! Thumb up!
失信于民,何以取信于天下...
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(11-02-2013, 03:05 PM)VIChris Wrote: It gives the perception of offering a shared vision of Singapore when it is not....
Would our live be better with such an increase?

The past 5 years of relentless increase of population does not improve our lives, but strained on our country resources and which impact us greatly.

The white paper lack references and substantiation on various claims and points made. For example, "Nurse is low skill worker", if this is an important paper on Singapore's future, how could they made such mistake (if you understand how the government's machinery work on creation/planning, rounds of checks before the paper could even landed on the minister or PM's desk) Small thing they can screwed out, what about big thing? What do you think?

There are many malls that have sprung up over the past ten years. None of this could have happened without a massive increase in Singapore's population.

Without so many people around, can the companies you invested in collect more rents from their tenants, or have more profits/sales due to increase in population?

As investors, some of us may have vested interests to increase the population of Singapore, even if it may not be in the best interests of the nation.
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ridiculous....i think its gonna be too jam pack...look at the traffic now
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(11-02-2013, 05:25 PM)investor101 Wrote:
(11-02-2013, 03:05 PM)VIChris Wrote: It gives the perception of offering a shared vision of Singapore when it is not....
Would our live be better with such an increase?

The past 5 years of relentless increase of population does not improve our lives, but strained on our country resources and which impact us greatly.

The white paper lack references and substantiation on various claims and points made. For example, "Nurse is low skill worker", if this is an important paper on Singapore's future, how could they made such mistake (if you understand how the government's machinery work on creation/planning, rounds of checks before the paper could even landed on the minister or PM's desk) Small thing they can screwed out, what about big thing? What do you think?

There are many malls that have sprung up over the past ten years. None of this could have happened without a massive increase in Singapore's population.

Without so many people around, can the companies you invested in collect more rents from their tenants, or have more profits/sales due to increase in population?

As investors, some of us may have vested interests to increase the population of Singapore, even if it may not be in the best interests of the nation.
You are right. The ordinary hawkers also can understand or see their income increase practically. But compare to what the PAPYs benefited, yours are peanuts. Besides, if more and more working people can't even afford hawker food, is there a future for your children? Right now there are many "necessary things" you can afford in the past, you can not afford now.

Quote:Small thing they can screwed out, what about big thing?

What do you mean?
Haven't PINKY LOONG and members said (admitted) they did not have 20/20 foresight and screwed up Singapore's infrastructures....bla...bla.. due to population increase, but they claim they need million $ pay to do their job properly as always?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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(11-02-2013, 10:51 PM)Temperament Wrote: Small thing they can screwed out, what about big thing?

What do you mean?
Haven't PINKY LOONG and members said (admitted) they did not have 20/20 foresight and screwed up Singapore's infrastructures....bla...bla.. due to population increase, but they claim they need million $ pay to do their job properly as always.
[/quote]

You already have your answer. LOL
失信于民,何以取信于天下...
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(11-02-2013, 11:10 PM)VIChris Wrote:
(11-02-2013, 10:51 PM)Temperament Wrote: Small thing they can screwed out, what about big thing?

What do you mean?
Haven't PINKY LOONG and members said (admitted) they did not have 20/20 foresight and screwed up Singapore's infrastructures....bla...bla.. due to population increase, but they claim they need million $ pay to do their job properly as always.

You already have your answer. LOL
[/quote]

I have vested interests in companies that develop malls and collect rents. Their business can only continue to prosper thanks to so many foreigners.

My heart tells me that in the long run, overpopulation by too foreigners is bad for the country. But my wallet says this overpopulation is good.

Due to overpopulation, we have cases of frequent MRT breakdowns and grossly overpriced COEs. Both are okay with me. I don't own a car, and I live within walking distance to my office. That's a lucky break for me. But again, I understand many people are screwed. Perhaps except SMRT and SBS shareholders. An overcrowded public transport means more profits. Not vested in either SMRT or SBS yet.

As for kids, I think they have to fend for themselves when they grow up. Or else make plans to migrate elsewhere. I would not support them to buy overpriced housing here. They either wait for a crash, or venture overseas where the cost of living is better. Australia, New Zealand or Canada sounds nice.
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investment angle maybe, I don't think malls and rental related to be good,
Most of these people comes here is to make money not spend money. A lot of my FT colleagues spend more than 3 years working here but they don't know how to go to many places they tend to keep to themselves and only venture up to around 10km radius of their home or workplace. Go to work, Go to temple, Go to market and go home. Things like clothing or footwear they will buy when they go back home for their vacation where it is cheaper.

Things like food, telephone transport no choice have to spend but whatever else they can save here goes back to their own country. There they will buy land for investment or build their dream home normally a huge bungalow which they intend to go back and stay in it one day usually that day is when their children here have completed education that will give them the good head start back in their own countries then they will sell everything here and try to get a transfer back.
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(12-02-2013, 01:11 AM)sgd Wrote: investment angle maybe, I don't think malls and rental related to be good,
Most of these people comes here is to make money not spend money. A lot of my FT colleagues spend more than 3 years working here but they don't know how to go to many places they tend to keep to themselves and only venture up to around 10km radius of their home or workplace. Go to work, Go to temple, Go to market and go home. Things like clothing or footwear they will buy when they go back home for their vacation where it is cheaper.

Things like food, telephone transport no choice have to spend but whatever else they can save here goes back to their own country. There they will buy land for investment or build their dream home normally a huge bungalow which they intend to go back and stay in it one day usually that day is when their children here have completed education that will give them the good head start back in their own countries then they will sell everything here and try to get a transfer back.
agree..the most they will go is to flood the sentosa beach and enjoy the nice 'scenery'.
maybe we shld marry a ft partner, so when they move back to their own countries for retirement, we can be tagged along. is this a gd idea?
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(12-02-2013, 09:31 AM)pianist Wrote:
(12-02-2013, 01:11 AM)sgd Wrote: investment angle maybe, I don't think malls and rental related to be good,
Most of these people comes here is to make money not spend money. A lot of my FT colleagues spend more than 3 years working here but they don't know how to go to many places they tend to keep to themselves and only venture up to around 10km radius of their home or workplace. Go to work, Go to temple, Go to market and go home. Things like clothing or footwear they will buy when they go back home for their vacation where it is cheaper.

Things like food, telephone transport no choice have to spend but whatever else they can save here goes back to their own country. There they will buy land for investment or build their dream home normally a huge bungalow which they intend to go back and stay in it one day usually that day is when their children here have completed education that will give them the good head start back in their own countries then they will sell everything here and try to get a transfer back.
agree..the most they will go is to flood the sentosa beach and enjoy the nice 'scenery'.
maybe we shld marry a ft partner, so when they move back to their own countries for retirement, we can be tagged along. is this a gd idea?

You marry is for settling down for your own happiness. If you understand their culture and can accept it then why not?

The psyche of those that leave to work almost all who venture overseas to work is to earn money yearn to one day go back home to show and be envied upon by their own people as the lucky few that done well that got their chance and made it good they all yearn for that recognition. They the first generation will never consider the foreign country of work as home however if they marry and have kids born here and the kid grows up here then is always a different story that's why a lot of these FT when their wives are pregnant they always send them back for the kids to be born in their own country.

But boat people and refugee are different story they are running away or escaping persecution high chance for the first generation to accept a foreign country as their home.
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