Which is quite true.
I presume you are in the advertising industry.
Let me ask you.
Who are the pioneers for our creative ad industry?
Ian Batey who crafted the Singapore Girl for SIA.
Jim Aitchson and Neil French who had trained our locals to become better admans, to bring our creativity to the global standards.
Let's face it.... ang mohs are more creative...
If not, our ads won't be looking exactly the same style as the western countries.
Unlike the thais and the japs.
Singapore men like chinese, malaysia, thailand girls. Singapore woman like British, American, Europeans. Citizenship is not a criteria in todays globalization trends. Information booming results in the problem you mentioned " Employ Singaporean for what?". Singapore is globalised in a very fast way and people who lost the pace will become the "complaining groups". By pushing the top ends working here will eventually benefit the rest. Have far sight abit and compete yourself with US, European, Japan, China and don't think that migrate aywhere will solve the problem.
You can survive aywhere, anytime as long as you are marketable and understand the "supply and demand" games. There is no single success stories and you can be creative how to survive in this kind of environment. You will ask : Can I be more specific? No way.