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(25-09-2013, 09:27 AM)opmi Wrote: (25-09-2013, 08:55 AM)Temperament Wrote: I think if the GOV of the day is SERIOUS about this matter, it should be every company should employ a certain quota of Singaporeans before allow to look else where. In this way companies CEO by FTS can not play punk anymore. Neither can all the floor FTS workers gain up to play punk with Singaporeans.
i think only this way is for real if the GOV of the day is SERIOUS about Singaporeans come first. So far (for me) it is in the name 101% MERITOCRACY that all common Singaporeans have to bear the burden. Definitely not the Singaporean Elite Class. They have been enjoying life man!
That's why one Old-Man called Singaporeans daft and not hungry enough. i think he is correct in a way. We are after all these years we still can't really have a voice in parliament.
IMHO.
Cannot la. No affirmative action. Then we will be moving towards the 'Bumiputera policy' like the one up north. You know how cock up that policy is. For bumi & non-bumi.
Anyway, PAP ticket is no longer secure ticket to Parliament. More will bail if the party STILL parachute people from Admin Services into MPs seats.
The middle level cadres will 'chow lang' OKIE! So how to prevent FTS and their fellowmen to play punk with Singaporeans?
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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25-09-2013, 05:58 PM
(This post was last modified: 25-09-2013, 05:58 PM by specuvestor.)
If the new policy can coerce 90% of companies to relook at their emploment policy so as not to be blackmarked by govt, it is considered successful.
There will always be 10% who wants to flout or go around the rules.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
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(25-09-2013, 05:54 PM)Temperament Wrote: (25-09-2013, 09:27 AM)opmi Wrote: (25-09-2013, 08:55 AM)Temperament Wrote: I think if the GOV of the day is SERIOUS about this matter, it should be every company should employ a certain quota of Singaporeans before allow to look else where. In this way companies CEO by FTS can not play punk anymore. Neither can all the floor FTS workers gain up to play punk with Singaporeans.
i think only this way is for real if the GOV of the day is SERIOUS about Singaporeans come first. So far (for me) it is in the name 101% MERITOCRACY that all common Singaporeans have to bear the burden. Definitely not the Singaporean Elite Class. They have been enjoying life man!
That's why one Old-Man called Singaporeans daft and not hungry enough. i think he is correct in a way. We are after all these years we still can't really have a voice in parliament.
IMHO.
Cannot la. No affirmative action. Then we will be moving towards the 'Bumiputera policy' like the one up north. You know how cock up that policy is. For bumi & non-bumi.
Anyway, PAP ticket is no longer secure ticket to Parliament. More will bail if the party STILL parachute people from Admin Services into MPs seats.
The middle level cadres will 'chow lang' OKIE! So how to prevent FTS and their fellowmen to play punk with Singaporeans?
Fellow Singaporean must unite together and show the FT that we are no push over. We should not let them see us as a lot that makes a lot of noise but with little/no action. We can continue complaining but that is not leading us anywhere. In today's papers, it was reported that LHL mentioned many people in our region are hungry for our lunch, if we don't guard our lunch well, it could well be eaten by others. I had to agree with him.
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(25-09-2013, 05:58 PM)specuvestor Wrote: If the new policy can coerce 90% of companies to relook at their emploment policy so as not to be blackmarked by govt, it is considered successful.
There will always be 10% who wants to flout or go around the rules.
Most likely, a few months after this is implemented, there'll be a couple of high profile cases where the offenders get charged and finally, penalised. After that, quiet for a while before another round... This is based on my observations of the past, be it Hiring of Illegal Workers, Renting rooms to Illegals (IIRC, even a pastor was found guilty), Underage Pros (2nd high profile case now ongoing), ... 
So, after while, perhaps your 10% becomes a less significant figure...
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This policy will induce some PRs to take up citizenships and become new citizens , but in term of fair employment, the end result can be LPPL.
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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(25-09-2013, 06:30 PM)cfa Wrote: This policy will induce some PRs to take up citizenships and become new citizens , but in term of fair employment, the end result can be LPPL.
PRs become citizens, OK what...no longer 'two-timing'
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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which bank was the culprit? Heard any wind?
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(25-09-2013, 06:04 PM)Ben Wrote: (25-09-2013, 05:54 PM)Temperament Wrote: (25-09-2013, 09:27 AM)opmi Wrote: (25-09-2013, 08:55 AM)Temperament Wrote: I think if the GOV of the day is SERIOUS about this matter, it should be every company should employ a certain quota of Singaporeans before allow to look else where. In this way companies CEO by FTS can not play punk anymore. Neither can all the floor FTS workers gain up to play punk with Singaporeans.
i think only this way is for real if the GOV of the day is SERIOUS about Singaporeans come first. So far (for me) it is in the name 101% MERITOCRACY that all common Singaporeans have to bear the burden. Definitely not the Singaporean Elite Class. They have been enjoying life man!
That's why one Old-Man called Singaporeans daft and not hungry enough. i think he is correct in a way. We are after all these years we still can't really have a voice in parliament.
IMHO.
Cannot la. No affirmative action. Then we will be moving towards the 'Bumiputera policy' like the one up north. You know how cock up that policy is. For bumi & non-bumi.
Anyway, PAP ticket is no longer secure ticket to Parliament. More will bail if the party STILL parachute people from Admin Services into MPs seats.
The middle level cadres will 'chow lang' OKIE! So how to prevent FTS and their fellowmen to play punk with Singaporeans?
Fellow Singaporean must unite together and show the FT that we are no push over. We should not let them see us as a lot that makes a lot of noise but with little/no action. We can continue complaining but that is not leading us anywhere. In today's papers, it was reported that LHL mentioned many people in our region are hungry for our lunch, if we don't guard our lunch well, it could well be eaten by others. I had to agree with him. Quote:Quote:Cannot la. No affirmative action. Then we will be moving towards the 'Bumiputera policy'
like the one up north. You know how cock up that policy is. For bumi & non-bumi.
Unquote:
On second thoughts, it is not really "Bumiputera Policy". It's for all Singaporeans of all races. Many Western Countries have "similar policy", i think. Except it's for the whites only of the countries.
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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Investment is multidisciplinary in nature. A discussion involves political content is unavoidable. But I urge buddies to tone it down, and focus more on economic merits. The focus of this forum is value investment after all.
Thanks, and enjoy the discussion. 
Regards
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If i want to hire Indians from India. I will say in the job description: Need to travel to india on short notice and frequently even though there is no such requirement. How many Sporeans will want to apply?
If hire China chinese, just state: Minimum 5 year experience (but offer only 3.3k if a Sporean shows interest), how many Sporeans will take up this job?
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