Last edited by Silence Sky; 3rd April 2007 at 07:15 PM.
This thread is making me hungry.
3 million extra helps our economy.
Eat,sleep and spend in Singapore.
u say got help economy or not?
neber see why foreign students getting more and more?
Compare the foreign students from 1990-1998
See the percentage increment.
and do not forget... 55,000 millionaires....and most of them are from indonesia.
Indo chinese to be more precise. (go and do online straits time check)
Singapore is a good place for the indo chinese to ********** money.
(Fill in the blank which u think is appro.)
Somemore floodgate open...is to solve the decline birth rate mah.
if not...30yrs down the road...more old people than young people...
lidat how can?
nowadays old people damn cham.
once old....consider useless, no value, no contribution liao....
“difference in tuition fee grants between a local and a foreign undergraduate is only $590 per year” http://www.moe.gov.sg/parliamentary_...pq19042005.htm
Agree that the 3 million extra will expand our economic base.
I take it into two Parts: 1) Foreign Students, 2) addition of 3 million people
Part 1 (Foreign Students in Higher Learning)
Correct, In Australia, UK and US, Foreign education is a multi-billion industry.
But it is a different scene in Singapore. You see more foreign students than before is because our government has reserved 20% of the seats for them. Sg govt give Tuition Grants and Scholarships to these foreign students. After graduation, these students will be bonded to work in Singapore for three years and given PR status after which.
It is good to expose local students to greater diversity and competition brought in by these foreign students.
We are not making money out of them but instead we subsidized them and automatically grant them work and PR status.
When we reserve 20% of the seats for foreigner that also means that we are crowding out 20% of our local students.
If you work out sum (No of Sg student going overseas – No of foreign students coming to Singapore) you will have a fuller picture whether are we making money or not.
Also take note that for Sg student to study overseas they have to pay full tuition fees and that has been increasing at a steady rate of 3% per annual.
Last edited by Silence Sky; 4th April 2007 at 02:45 PM.
Part Two (Additional 3 million people)
I suppose these 3 million people are not local breed. They have to be PRs and migrants, because with our birthrate we can’t even replace our own population.
If they are not local and have extended families elsewhere, do you think they will stay here for retirement, where costs of living are so high? I , myself is considering moving to mickeyland for retirement.
When they move out with their retirement nest egg, again the hollowing effect sits in.
Dig gold in SG and transport it elsewhere.
Imagine 30 people are already fishing in a pond. Will adding another 30 people increase the productivity?
I don’t think so, to cater for the additional 30 people, more efforts have to be made to increase the resources in the pond so that all the 60 people will be equally well off as before.
So the question is: is it worth the troubles to cater for an additional of 30 people?
About the rich people from Indonesia, how do they affect you?
They live in high-end properties, they enriched the private developers but not you.
They parked their money in the bank and not in your account.
They do contribute to indirect benefits but insignificant.
About declining population, do we need another 3 million people? That is population expansion and not replacement.
A reason I see for increasing the population is the same as a Bee Colony.
The more the worker bees, the merrier for the Queen bee.
More worker bees means more honey for the Queen.
Last edited by Silence Sky; 4th April 2007 at 10:16 PM.
Ayia dun care so much lar.
I already give up.
Be a quiter. Got chance migrate, pls do so.
If possible, bring ur whole family along.
Moving forward, staying together
陳綺貞 2010 [夏季練習曲] 巡迴演唱會 Cheer Concert 13 Nov 2010 MAX Pavilion@Singapore Expo
Read up on books like Rich Dad Poor Dad, never buy on credit and never let your expenditure comes close to 50% your income. Save, invest and diversify. Find out what is an asset to you and what is liability.
You did bring up and important topic though, I wonder where are we in terms of standard of living vis-a-vis Swiss. Last time we used to hear year on year how we have progressed and benchmarks against the Swiss standard of living, now it is all quite... hmmm I wonder, I wonder?
Actually we are making money from these foreign students.
No doubt, the government give tution grant for the foreign students...but these foreign students have to remain here for 6 years in total.
Which means they have to spend their money in singapore for straight 6 years.
If they find Singapore is a good place, they stay here for good.
As for no. of sg students going overseas to study is still lesser than foreign students coming here. The percentage is too insignificant if you compare the no. of foreign students coming in.
Most sg students went overseas study are usually for degree or masters.
you compare the number of foreign students coming over to Singapore....it starts all the way from primary to uni.
IMHO, in the long run, we are still 'profitable' from milking these foreign students.
Anyhow, to humour you;
Basically argues that for developed economies, the right kind of population growth brings robustness to the economy and net benefit.
Just Google lah, plenty of articles (and some really good ones) for and against population growth, no need to play games in this forum.
i think there 1 human for every ant? ants can carry 50x their body weight, humans consume 50x their body weight?
The 3 million people will just find local women and inseminate them and Viola!
You got the next generation of 1/2 local breed!
Understand why we have 55,000 millionaires and most of them are foreigners?
We don't invite any tom, bicky or harry poor peasants to come here.
Only attract the rich ones.
To average singaporean, s/he might find cost of living high here.
to the richie foreigners, it is considered peanuts lah.
Coz they are rich.
No need workfare bonus or any social assistance.
Unlike the increasing poor Singaporeans,
the government can't get rid of them,
and still have to work so hard to come up schemes to help them.
Such a heavy burden.
And it affect us.
Coz in order to help the poor,
We have to pay more tax.
So you say leh,
Prefer Rich foreigners or Poor Singaporeans?
Everyone just love Robert Kiyosaki.
If you ever read his whole series of Rich Dad and Poor Dad...you will noticed he is just merely repeating himself those points over and over again.
Investment is good but not everyone is capable of making good investment.
Look at the recent local aust grad.
Make a fortune in shares before CNY but ends up owning 700k after that.
Dad has to pay off his son's debt.
Every young chap just wanna be the next Kiyosaki, Geroge Sorros, Warren Buffett or Triumph wannabe....but how many of them can actually do that in reality?
It is good to let money to work for you but soemtimes you need abit of luck, knowing the right people and recognising the right opportunties.
life is not like in movies mah, most movies got happy ending. some ppl succeed liao got bragging rights, others dun hav. a talk can lead 2 arguement den 2 conflicts. sometimes jus keep quiet betta.
Managed your money and identify what is asset to you and what is liability.. alot of people especially when you are young and got your monthly pay check will spend almost everything away not really have the value of savings. Even in CS you can see buying on credit etc... etc... bad habit I say, but choice is theirs.
You can always tweak what works for you, 50% save and 50% invest whatever on your total disposable, so if the investment bubble burst your savings still there.
And of course right way to invest is diversify never put your eggs in one basket right... anyway my 2 cents.
If they don't pick up photography, they only need to spend on food... (don't have to worry about property tax, TV license, conservation charges... etc)
Therefore it's the CSers responsibilities to influence them for the good of SG economy.
Last edited by Hoky; 5th April 2007 at 08:22 AM.
He who can peer into the minds of all men and find out what they are secretly plotting.
I can imagine all your conspiracy theories already!
Here, let me help you out. The KGB has revived and is trying to use Singapore as a stepping stone towards winning the Cold War that they will start again pretty soon enough. And all our students going overseas are actually being brainwashed and trained as operatives. So it's best to keep it all hush-hush!
Hey! We need a roll-eyes emoticon here!
What was it that someone called it? Enough of cockadoodle talk!
Last edited by night86mare; 5th April 2007 at 11:50 AM.