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Thread: Outsourcing Top Jobs

  1. #21

    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Silence Sky View Post
    Population: 6.5 million (3 million PRs)
    GDP Per Capital: $1.2 million TOP 5%
    Economy: INTEGRATED RESORT (Ezy Loan for hard core Casino fans + membership fees)
    Errr.. we have already close to 2 million PRs right now.
    By the time we hit 6.5 million, it'll be more than 3 million PRs right?

  2. #22

    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by melnjes View Post
    Wow eikin, you still stick around and watch. I get depressed reading Silence Sky's threads. The TS must be kidding when he wanted to talk about economics.
    Dear freind, Why are you depressed by my threads?
    I serious, want to discuss economics only.

    This question has been bothering me.
    "Why we need 6.5 million people? How does it help our economy?
    Last edited by Silence Sky; 3rd April 2007 at 07:15 PM.

  3. #23

    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Hoky View Post
    Errr.. we have already close to 2 million PRs right now.
    By the time we hit 6.5 million, it'll be more than 3 million PRs right?
    I don't know, but now I think about 1.2mil PRs lah.
    Last edited by Silence Sky; 3rd April 2007 at 07:16 PM.

  4. #24

    Default Re: Outsourcing Top Jobs

    This thread is making me hungry.

  5. #25

    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Silence Sky View Post
    This question has been bothering me.
    "Why we need 6.5 million people? How does it help our economy?


    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
    with 1999-current.

    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....

    haizzz..


  6. #26

    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Deceased View Post
    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
    with 1999-current.

    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....

    haizzz..


    “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


    Interesting….

    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.
    However,,,,
    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.

  7. #27

    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Deceased View Post
    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
    with 1999-current.

    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....

    haizzz..


    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.

  8. #28
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    Default Re: Outsourcing Top Jobs

    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

  9. #29
    Senior Member azul123's Avatar
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    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Silence Sky View Post
    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 canít 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 donít think so, to cater for the additional 30 people, more effects 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 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.
    You just need to learn how not to be caught in the rat race syndrome, where you are always playing catch-up, always working harder to pay the bigger and bigger loan, learn how to make your money grow and work for you not the other way around, after to know how teach your children the same, let the system work for them, teach these values when they are young. Show them how to invest and how to take calculated risk.

    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.

    Good luck.

    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?

    ../azul123

  10. #30

    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Silence Sky View Post
    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.

    However,,,,
    We are not making money out of them but instead we subsidized them and automatically grant them work and PR status.

    If you work out sum (No of Sg student going overseas Ė No of foreign students coming to Singapore) you will have a fuller picture whether are we making money or not.



    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.
    but
    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.


  11. #31
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    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Silence Sky View Post
    Dear freind, Why are you depressed by my threads?
    I serious, want to discuss economics only.

    This question has been bothering me.
    "Why we need 6.5 million people? How does it help our economy?
    Aiyah, you're not interested in the economics lah, just posting your title (which has nothing to do with 6.5mn popn) for mischief's sake.

    Anyhow, to humour you;

    http://www.becker-posner-blog.com/ar...ation_g_1.html

    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.

  12. #32
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    Default Re: Outsourcing Top Jobs

    i think there 1 human for every ant? ants can carry 50x their body weight, humans consume 50x their body weight?

  13. #33

    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Silence Sky View Post
    I suppose these 3 million people are not local breed. They have to be PRs and migrants, because with our birthrate we canít even replace our own population.

    Don't fret.
    The 3 million people will just find local women and inseminate them and Viola!
    You got the next generation of 1/2 local breed!



    Quote Originally Posted by Silence Sky View Post
    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.
    Which is why there is a criteria to meet for these people to come in for good.
    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.
    But
    to the richie foreigners, it is considered peanuts lah.



    Quote Originally Posted by Silence Sky View Post
    About the rich people from Indonesia, how do they affect you?
    They don't affect me or the government.
    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?


  14. #34

    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by azul123 View Post
    learn how to make your money grow and work for you not the other way around, after to know how teach your children the same, let the system work for them, teach these values when they are young. Show them how to invest and how to take calculated risk.

    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.


    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.




  15. #35
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    Default Re: Outsourcing Top Jobs

    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.

  16. #36
    Senior Member azul123's Avatar
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    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Deceased View Post
    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.



    I think you missed the main point in his book...

    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.

    ../azul123

  17. #37

    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Silence Sky View Post
    Dear fellow troll:

    My level of understanding is not as high as you, I am just trying to put up some concerns that I am feeling below here. Therefore, it is easier for you to give this thread a miss if you do not like it or find it not serious enough. I am not surprise that an autocrat will want to suppress threads and ideologies that are not to his liking. Maybe this could explain why our top students are trashed in the Arena debate.

    You are very smart to see Swiss chocolate as mind trick, but did you get the main topic of interest ďOutsourcing Top JobsĒ?
    If Economics does not apply here, what does? Is it Engineer or Arts?

    What I see from below here, is that we have a capable but unwilling team.
    Standard of living depends on a nationís productivity.
    When overhead costs out paced productivity, where are we heading?
    Since cost of administration is rising, should we outsource the top jobs and what are the repercussions of such tactics?
    I brought up these three economies because I felt that there are some similarities and maybe we could emulate them at some points.
    I really like the idea of importing some FTs from these economies to keep our administrative costs competitive?
    It is good to import competitive talents, but if we failed to lure them with very good money, what does it speak of our top appointment holders.

    Look at how we deal with SIAíS pilots union. Do we just give in to the pilotsí demands just like that?

    Let market forces do the job!!!

  18. #38

    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Deceased View Post
    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.
    but
    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.

    Errr... also remember that there's a vast group of all foreign students who are sponsored by the MOE and institutions to study (for free) with accomodation provided. (One of my close relative is doing the administration work to hunt for 'talents' overseas)

    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.

  19. #39

    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Hoky View Post
    Errr... also remember that there's a vast group of all foreign students who are sponsored by the MOE and institutions to study (for free) with accomodation provided. (One of my close relative is doing the administration work to hunt for 'talents' overseas)

    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.
    There is no official statistics on the number of SG students going overseas for higher education. Do you know why?

  20. #40

    Default Re: Outsourcing Top Jobs

    Quote Originally Posted by Silence Sky View Post
    There is no official statistics on the number of SG students going overseas for higher education. Do you know why?
    Tell me, O Dr Stephen Strange,

    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.

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