70% Singaporeans in senior management roles in retail banks’ local functions
MAS established a $125 million package earlier this year to encourage financial institutions (FIs) to retain, train and hire Singaporeans. A strong Singaporean core complemented by high-quality and diverse foreign talent in every major FI. We’re not quite there yet but the picture across the sector as a whole is better than often portrayed especially on social media. Singaporeans make up 70% of the workforce in the finance sector. PRs make up another 14% according to MAS estimates.
You know they don’t care for workers when they attack an effective union
Be careful with sites like TOC, which plagiarize, hire foreign ghost writers to attack foreign workers and immigration policies, and manipulate Singaporeans’ emotions to write articles for eyeballs. Ragebait headlines or hyperpartisan appeals that twist the facts are designed to get traffic from people’s anger.
Job interviews of 7 interesting young candidates; Not hungry enough
Are we in an economic crisis or not?
Are our young Singaporeans not hungry enough or too choosy?
Shell picks Pulau Bukom to pilot new virtual manufacturing technology
Shell’s choice of Singapore confirms what Minister Chan Chun Sing said about Singapore being leaders in driving the development of the digital economy ecosystem.
Kajima invests S$100m in first overseas innovation centre in Singapore; good jobs for Singaporeans
Despite the difficult climate caused by COVID-19, Kajima is investing in a global hub in Singapore that will serve also as its Asia-Pacific Headquarters. Good jobs including research personnel will be created for Singaporeans. Min Chan Chun Sing said the PAP Government has over the years entrenched our competitive advantages through a strong regulatory environment, skilled workforce and deep connectivity.
What the legal text of CECA say of intra-corporate transferees
The legal text of CECA has a stringent definition of an intra-corporate transferee.
Our high dependence on trade makes us vulnerable to anti-trade measures like tariffs. Our small size means our negotiating power is small. Being small means we have few weapons in our disposal for retaliation. This is why Singapore takes a rules-based approach to international affairs and support multilateral institutions.
Free flow of Indian FTs to Singapore? Not according to India
Today, more than half of Singaporeans in the workforce are in PMET jobs and the number is increasing. Without the free trade agreements including CECA, Singapore would not be able to attract so many global multinationals to set up company here, creating many PMET jobs for Singaporeans.
Indian nationals can come to Singapore and become PRs and citizens under CECA? NOT TRUE!
Stop spreading falsehoods. There is no automatic citizenship or PR for Indian nationals here to work under CECA. All ICTs, regardless of which trade agreement or country they come from, must meet work pass criteria.
Salary criteria for EP, S Passes raised because of slack in labour market
Developing a strong Singaporean by investing in Singaporeans and ensuring fair opportunities.
LKY reveals CIA’s failed attempt to bribe Singapore officer in interview
In 1965, Mr Lee Kuan Yew revealed in an interview that the CIA was caught trying to bribe a Singapore intelligence officer.