Income distribution?
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The trouble comes when the Govt itself said that it wants our wages to be competitive. It wants to compete with countries like China and India for investment especially in the wake of the hollowing out of the electronics sector.Originally posted by soul_rage:Well, for a start, YOU can do something about yourself. Build up your skills and EQ skills and move towards foreign companies. Many Singapore companies typically pay real low pay, and force people to work like horses.
And note, I did not mention lower the income gap. I meant helping the poor to try to bridge the income gap. Those that are caught in the whirlwind progression of our economy and whom are helpless to do anything about it.
If you look at our Gini coefficiency, our gap is something like 3rd world countries.
Sometimes, I believe becoz we move so fast within 30 years from 3rd world to 1st world living, many people are caught in their tracks, and cannot react fast enough to the changes. Credit to LKY for bringing us up to this level, but the consequence is that many people are left behind.
Of course, China and India's wages are practically far lower than ours and we are trying to be competitive with them. If our Gini Coefficient is low, I would personally not be surprised. -
which comes back to my question to some robot on whether you guys believe Indian professionals pay is low?Originally posted by Fingolfin_Noldor:The trouble comes when the Govt itself said that it wants our wages to be competitive. It wants to compete with countries like China and India for investment especially in the wake of the hollowing out of the electronics sector.
Of course, China and India's wages are practically far lower than ours and we are trying to be competitive with them. If our Gini Coefficient is low, I would personally not be surprised.
Let's focus on India's graduates. I will focus on their IT people, since I have personally dealt with them as contractors.
Currently, in Singapore, an estimated 2-3 out of 4 Singaporeans are graduates, so let's focus on apples to apples comparisons. And it doesn't make sense to discuss about jobs that are no longer of value to our govt (they talk about so-called knowledge jobs)
Do you know that the average Indian IT professional being brought over to Singapore is getting somewhere about $5k to $6k per month? Take away commissions to the IT firm, they take home somewhere btw $4+k to $5+k.
Compare this to a Singapore graduate, and you find that the avg Singapore IT grad probably is only earning somewhere btw $2+k to $3+k.
Now, you tell me, are we really more expensive than Indians, or have we BEEN MADE TO THINK that we are more expensive than Indians?
In fact, I heard someone else who dealt with them before, that an Indian professional once accessed the HR database of a company, and laughed at how lowly paid we are.
Many of them, coming to Singapore, start working on their resume during office hours, so that they can get better jobs. They are in no way responsible people.
Our money is bleeding out to India, coz most of them don't spend much in Singapore, and direct their money earned back to their motherland. -
Hah... the best Indian grads would have since left his home town for greener pastures overseas. There are lots of Indians in the US and UK, discounting the illegal immigrant bunch, who came to find professional work there.Originally posted by soul_rage:which comes back to my question to some robot on whether you guys believe Indian professionals pay is low?
Let's focus on India's graduates. I will focus on their IT people, since I have personally dealt with them as contractors.
Currently, in Singapore, an estimated 2-3 out of 4 Singaporeans are graduates, so let's focus on apples to apples comparisons. And it doesn't make sense to discuss about jobs that are no longer of value to our govt (they talk about so-called knowledge jobs)
Do you know that the average Indian IT professional being brought over to Singapore is getting somewhere about $5k to $6k per month? Give or take commissions to the IT firm, they take home somewhere btw $4+k to $5+k.
Compare this to a Singapore graduate, and you find that the avg Singapore IT grad probably is only earning somewhere btw $2+k to $3+k.
Now, you tell me, are we really more expensive than Indians, or have we BEEN MADE TO THINK that we are more expensive than Indians?
In fact, I heard someone else who dealt with them before, that an Indian professional once accessed the HR database of a company, and laughed at how lowly paid we are.
Many of them, coming to Singapore, start working on their resume during office hours, so that they can get better jobs. They are in no way responsible people.
Our money is bleeding out to India, coz most of them don't spend much in Singapore, and direct their money earned back to their motherland.
As for whether we have been made to think so, is indeed a good question. Are there figures for the statistical distributions of their pay? I wonder also whether the Govt chose to benchmark us against the factory workers instead. I have no clue seriously. Govt propaganda has made it hard to sieve through facts from fiction.
What is clear, is that companies come here because our wages are cheaper. But why is wages everything? Clearly there is something more to this. In fact, I wonder if its because of the inadequacy of the instruction of university grads here. -
Are you sure the it is in our government's interested to compete with China and India on cost? OR are you simply making your own assumption about our government FDI policy?Originally posted by Fingolfin_Noldor:The trouble comes when the Govt itself said that it wants our wages to be competitive. It wants to compete with countries like China and India for investment especially in the wake of the hollowing out of the electronics sector.
Of course, China and India's wages are practically far lower than ours and we are trying to be competitive with them. If our Gini Coefficient is low, I would personally not be surprised. -
There are actually many things we Singaporeans do not see. Unless you meet someone who experienced it, or personally experienced it, most of us are blind to what is happening.Originally posted by Fingolfin_Noldor:Hah... the best Indian grads would have since left his home town for greener pastures overseas. There are lots of Indians in the US and UK, discounting the illegal immigrant bunch, who came to find professional work there.
As for whether we have been made to think so, is indeed a good question. Are there figures for the statistical distributions of their pay? I wonder also whether the Govt chose to benchmark us against the factory workers instead. I have no clue seriously. Govt propaganda has made it hard to sieve through facts from fiction.
What is clear, is that companies come here because our wages are cheaper. But why is wages everything? Clearly there is something more to this. In fact, I wonder if its because of the inadequacy of the instruction of university grads here.
I know for a fact, that many IT projects are contracted out to Indian IT firms, whom then will not employ Singaporeans unless it is REALLY REALLY cannot help it, and will go to India to source for IT people to come here to Singapore to work on the project.
From the experience I know, the company giving out the contract, is convinced (duped) by the Indian IT firm, that whatever requirements they need, Singaporeans cannot fulfill it. From my knowledge of Singapore workers, this is absolutely not true.
Its not a question on whether Singaporeans are incapable of helping themselves. Its a question on how even our own govt and own companies kick Singaporeans out of the picture and use foreigners, even when there ARE singaporeans willing to do the job.
This is so sad, and is unlike Korea or Japan, where the national spirit is so strong, that they will consider local first, before outsiders.
Then there is another case. A govt agency awarding a project to a big IT local consulting firm (GLC actually), whom in turn awards a project to an Indian IT firm, whom then sub-contracts again to another Indian IT firm. End up, all the taxpayers' money are being siphoned across several hands and most of it going to India.
I ask a question, with the way they do outsourcing, isn't costs more expensive, given the no. of hands they are changing before any actual work gets done? -
One factor which you didnt include in your arguement is, are these indian IT professionals better in what they are doing as compare to the AVERAGE Singapore IT grad? And are these IT professional more qualifIed experience than an average Singapore grad?Originally posted by soul_rage:which comes back to my question to some robot on whether you guys believe Indian professionals pay is low?
Let's focus on India's graduates. I will focus on their IT people, since I have personally dealt with them as contractors.
Currently, in Singapore, an estimated 2-3 out of 4 Singaporeans are graduates, so let's focus on apples to apples comparisons. And it doesn't make sense to discuss about jobs that are no longer of value to our govt (they talk about so-called knowledge jobs)
Do you know that the average Indian IT professional being brought over to Singapore is getting somewhere about $5k to $6k per month? Take away commissions to the IT firm, they take home somewhere btw $4+k to $5+k.
Compare this to a Singapore graduate, and you find that the avg Singapore IT grad probably is only earning somewhere btw $2+k to $3+k.
Now, you tell me, are we really more expensive than Indians, or have we BEEN MADE TO THINK that we are more expensive than Indians?
In fact, I heard someone else who dealt with them before, that an Indian professional once accessed the HR database of a company, and laughed at how lowly paid we are.
Many of them, coming to Singapore, start working on their resume during office hours, so that they can get better jobs. They are in no way responsible people.
Our money is bleeding out to India, coz most of them don't spend much in Singapore, and direct their money earned back to their motherland. -
All factors taken equally. I am talking about experienced graduates in specific fields, comparing apples for apples, with the same no. of years, experience, etc.Originally posted by Gazelle:One factor which you didnt include in your arguement is, are these indian IT professionals better in what they are doing as compare to the AVERAGE Singapore IT grad? And are these IT professional more qualifIed experience than an average Singapore grad? -
I think the P*P investment policy is very clear... use public money to build up GLCs (so they can pay themselves million dollars salaries) to compete with Singapore companies and throw away Singapore's money overseas like Shin Corp and Optus....Originally posted by Gazelle:Are you sure the it is in our government's interested to compete with China and India on cost? OR are you simply making your own assumption about our government investment policy?
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At the end of the day, as long as the IT firm get the job done within the buyer's budget, why should we care about who they outsource to?Originally posted by soul_rage:Then there is another case. A govt agency awarding a project to a big IT local consulting firm (GLC actually), whom in turn awards a project to an Indian IT firm, whom then sub-contracts again to another Indian IT firm. End up, all the taxpayers' money are being siphoned across several hands and most of it going to India.
I ask a question, with the way they do outsourcing, isn't costs more expensive, given the no. of hands they are changing before any actual work gets done?
If you want to argue that way, then why should MNCs from other countries outsource their work to Singaporeans firm, who than outsource jobs to other local companies? -
One factor which you didnt include in your arguement is, are these indian IT professionals better in what they are doing as compare to the AVERAGE Singapore IT grad? And are these IT professional more qualifIed experience than an average Singapore grad?Originally posted by soul_rage:All factors taken equally. I am talking about experienced graduates in specific fields, comparing apples for apples, with the same no. of years, experience, etc.
Plus IT professional coming form India cannot be having the same working experience as those AVERAGE singapore grad who have never work in india isnt it? Especially if you consider the size of the IT industry in India as compare to Singapore? -
Because nitwit, if it is given to a local company, it goes to the benefit our the local economy. IT companies can grow. Because the Govt gave off all its contracts to foreigner MNCs, the local IT industry in Singapore HAS DIED.Originally posted by Gazelle:At the end of the day, as long as the IT firm get the job done within the buyer's budget, why should we care about who they outsource to?
If you want to argue that way, then why should MNCs from other countries outsource their work to Singaporeans firm, who than outsource jobs to other local companies?
As for outsourcing, it is pretty much common case in the industry for contracts to be bidded by a consortium of companies who will thereafter sort out the work among themselves. -
without knowing the details of the tender and the bid from various IT firms, how would you know that the local firms is offering the same benefits and at the same price? Should our government pay more and get less just when dealing with local firms?Originally posted by Fingolfin_Noldor:Because nitwit, if it is given to a local company, it goes to the benefit our the local economy. IT companies can grow. Because the Govt gave off all its contracts to foreigner MNCs, the local IT industry in Singapore HAS DIED.
As for outsourcing, it is pretty much common case in the industry for contracts to be bidded by a consortium of companies who will thereafter sort out the work among themselves.
the result of the IR tender is a clear indication that the government will not favour local firms just because they are local, and that is what seperate us from countries like Malaysia. -
You know, when you accuse others of looking at things without considering all aspects of the issue, I think you better reflect on yourself first.Originally posted by Gazelle:without knowing the details of the tender and the bid from various IT firms, how would you know that the local firms is offering the same benefits and at the same price? Should our government pay more and get less just when dealing with local firms?
the result of the IR tender is a clear indication that the government will not favour local firms just because they are local, and that is what seperate us from countries like Malaysia.
In the IR tender, the govt DID give the tender to foreign companies. Why is that so? Its because none of our companies here have the experience of running a casino or such a huge resort, thus its reasonable for the govt to give this to the foreign company experienced in such a project.
Two, our govt set out certain criteria, to ensure that the IR WILL do the economy good. The companies running the IR are made to ensure certain levels of investment are always in Singapore.
Giving blindly to useless local companies like Malaysia is stupid. But giving to foreign companies, when CLEARLY (I am telling you clearing coz I was too lazy to reply you just now, but our grads CAN and ARE able to take on indian graduates), the locals are able to do an equally good job, is really stupid. Coz end of the day, these companies do not have the same restrictions as IR, and money is being siphoned out of our country, thus doing our country and our locals no good. -
And by the way, Gazelle, since you are so myopic about this, and always insist that our local grads don't seem to be too qualified to take on overseas people, then why have universities in the first place?
If our people are useless, then why have education in the 1st place?
Just demolish all the educational institutions, and bring in talent from overseas. Leave Singaporeans to sweep the streets.
If we are not even going to give our own people a chance, who else will?
By the way, lately, the US has implemented a new ruling to protect their local citizens. Companies from now onwards, cannot bring in foreigners at lower costs, and must pay at the local wage level. In addition, before foreigners are selected, companies must ensure that they take the locals into consideration fully before they can choose foreigners.
What is the purpose of opening our doors to global trade (since you claimed you are so good in globalization)? Do we:
1) Open our doors if it benefits us?
2) Or open our doors so that people can come to strip us naked and rob us?
Many countries have protectionism laws to protect their own people even though they open their doors to global trade. There is a reason for that. -
I am so very afraid that he will try to answer you on this.Originally posted by soul_rage:And by the way, Gazelle, since you are so myopic about this, and always insist that our local grads don't seem to be too qualified to take on overseas people, then why have universities in the first place?
If our people are useless, then why have education in the 1st place?
Just demolish all the educational institutions, and bring in talent from overseas. Leave Singaporeans to sweep the streets.
If we are not even going to give our own people a chance, who else will?
Really. -
let him answer. He will just validate my belief that he looks down on everyone in Singapore, even himself, coz he graduated from a local uniOriginally posted by charlize:I am so very afraid that he will try to answer you on this.
Really. -
1) There are 2 Singapore companies that was participating in the IR bid, although they have no experience, but they are partnering companies like MGM Kerzner, Harrah, who are all experience operator of resorts and casino. Consider the potential spin off from the gaming business, I am sure if there is a local company involve, the local company will be able to reap the rewards instead of giving everything thing to 100% foreign company like LV SandsOriginally posted by soul_rage:You know, when you accuse others of looking at things without considering all aspects of the issue, I think you better reflect on yourself first.
In the IR tender, the govt DID give the tender to foreign companies. Why is that so? Its because none of our companies here have the experience of running a casino or such a huge resort, thus its reasonable for the govt to give this to the foreign company experienced in such a project.
Two, our govt set out certain criteria, to ensure that the IR WILL do the economy good. The companies running the IR are made to ensure certain levels of investment are always in Singapore.
Giving blindly to useless local companies like Malaysia is stupid. But giving to foreign companies, when CLEARLY (I am telling you clearing coz I was too lazy to reply you just now, but our grads CAN and ARE able to take on indian graduates), the locals are able to do an equally good job, is really stupid. Coz end of the day, these companies do not have the same restrictions as IR, and money is being siphoned out of our country, thus doing our country and our locals no good.
2) All the bidders has submitted bid which are all good for the economy, just like those indian and local companues that bid for the government agency's IT project. At the end of the day, it is the buyer, or the government that has to decide what is best for the country or company. NOT which on is a local company.
3) By saying Malaysia companies are stupid really show how green you are in the business world. And FYI, the IR at Sentosa is won by Genting International which is a Malaysian company, plus they are able to get Universal Studio and Dreamworks to partner them. Is this stupid? If Malaysia company are stupid then I think the Australian and Singapore are worsts because they both lost out. -
i thought all alone by increasing their pay was to speed up the widening of the income gap... i must be duh...
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You are trying to paint a picture that your employer are suckers for Indians or FT and they would rather pay them twice the salary than to employ a AVERAGE Singapore grad.Originally posted by soul_rage:And by the way, Gazelle, since you are so myopic about this, and always insist that our local grads don't seem to be too qualified to take on overseas people, then why have universities in the first place?
If our people are useless, then why have education in the 1st place?
Just demolish all the educational institutions, and bring in talent from overseas. Leave Singaporeans to sweep the streets.
If we are not even going to give our own people a chance, who else will?
By the way, lately, the US has implemented a new ruling to protect their local citizens. Companies from now onwards, cannot bring in foreigners at lower costs, and must pay at the local wage level. In addition, before foreigners are selected, companies must ensure that they take the locals into consideration fully before they can choose foreigners.
What is the purpose of opening our doors to global trade (since you claimed you are so good in globalization)? Do we:
1) Open our doors if it benefits us?
2) Or open our doors so that people can come to strip us naked and rob us?
Many countries have protectionism laws to protect their own people even though they open their doors to global trade. There is a reason for that.
In today competitive business enviroment, do you think a company will function like what you are saying? To me that is just some BS story you create so that you can blame of others for your own weakness.
Working is not about paper qualification anymore and if you are talking about software and IT engineer, that is even more true. So what if you have a degree or PhD, it is the work and contribution that the employer is looking for not your papers. And please dont come out with the BS story about both indian IT professional and AVERAGE singapore grad as the same work experience capability and knowledge.
Since when did I insist that local grad are not qualified? Are you applying the 80% lies and 20% nonsense rule again? -
1) As again, I told you, in this case, the govt has set up certain protective rules, so it is not exactly an issue anymore on whether the company getting it, is local or overseas, coz they have to promise, for eg, a certain level of investment into our economy.Originally posted by Gazelle:1) There are 2 Singapore companies that was participating in the IR bid, although they have no experience, but they are partnering companies like MGM Kerzner, Harrah, who are all experience operator of resorts and casino. Consider the potential spin off from the gaming business, I am sure if there is a local company involve, the local company will be able to reap the rewards instead of giving everything thing to 100% foreign company like LV Sands
2) All the bidders has submitted bid which are all good for the economy, just like those indian and local companues that bid for the government agency's IT project. At the end of the day, it is the buyer, or the government that has to decide what is best for the country or company. NOT which on is a local company.
3) By saying Malaysia companies are stupid really show how green you are in the business world. And FYI, the IR at Sentosa is won by Genting International which is a Malaysian company, plus they are able to get Universal Studio and Dreamworks to partner them. Is this stupid? If Malaysia company are stupid then I think the Australian and Singapore are worsts because they both lost out.
2) Try not to link your point on (1) to (2). Basically (1) local companies linked up with foreign companies coz they know they cannot do the job, and will need their counterparts to advise them on how to do it.
In (2), as again, its a perception by our own govt/companies that our Singaporeans cannot do the job, when in effect, we are able to.
And you are also wrong on the count, that whoever does the govt project is not impt. Every $ spent is taxpayers' money, and of coz we should be concerned if our money is being siphoned to overseas
3) I din say Malaysia companies are stupid. You were the one again, whom pointed out that we are different from Malaysia. Again, you were the one who implied they are stupid, not me.
And I think you do not understand the underlying political decision on giving IR to Genting.
And so we have again, Gazelle, insulting other people, when in effect, he himself is myopic in his thinking -
Again, I am so very afraid he will try to answer you on this.Originally posted by soul_rage:1) As again, I told you, in this case, the govt has set up certain protective rules, so it is not exactly an issue anymore on whether the company getting it, is local or overseas, coz they have to promise, for eg, a certain level of investment into our economy.
2) Try not to link your point on (1) to (2). Basically (1) local companies linked up with foreign companies coz they know they cannot do the job, and will need their counterparts to advise them on how to do it.
In (2), as again, its a perception by our own govt/companies that our Singaporeans cannot do the job, when in effect, we are able to.
And you are also wrong on the count, that whoever does the govt project is not impt. Every $ spent is taxpayers' money, and of coz we should be concerned if our money is being siphoned to overseas
3) I din say Malaysia companies are stupid. You were the one again, whom pointed out that we are different from Malaysia. Again, you were the one who implied they are stupid, not me.
And I think you do not understand the underlying political decision on giving IR to Genting.
And so we have again, Gazelle, insulting other people, when in effect, he himself is myopic in his thinking -
Originally posted by Gazelle:
by exploding at me again, it shows how much you don't know what you are talking about. All along, we keep hearing you contradicting yourself. Do I have to take your words and put it here again, just as I did previously, in which you can't answer and just avoid the topic?
You are trying to paint a picture that your employer are suckers for Indians or FT and they would rather pay them twice the salary than to employ a [b]AVERAGE Singapore grad.
In today competitive business enviroment, do you think a company will function like what you are saying? To me that is just some BS story you create so that you can blame of others for your own weakness.
Working is not about paper qualification anymore and if you are talking about software and IT engineer, that is even more true. So what if you have a degree or PhD, it is the work and contribution that the employer is looking for not your papers. And please dont come out with the BS story about both indian IT professional and AVERAGE singapore grad as the same work experience capability and knowledge.
Since when did I insist that local grad are not qualified? Are you applying the 80% lies and 20% nonsense rule again?
[/b]
Who was the one who insisted that indians, by virtue of being in bigger India, have more knowledge and experience than Singaporeans?
Either way, its always wasting my time talking to you, coz you don't understand anything, and you argue for the sake of arguing.
*Shrugs* Its up to you, you can just shout here that everyone else is BS, and you are the most correct, most intelligent person in the world. End of the day, you are just behaving like the govt, self-proclaiming that you are all-knowing, and everyone else is BS.
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let him answer lah, I can imagine how red-faced and peeved he is now. Once he runs out of things to say, he accuses people of BS to him. sigh... globalized Gazelle, or myopic?Originally posted by charlize:Again, I am so very afraid he will try to answer you on this.
I let everyone here judge that for him/herself -
[quote]Originally posted by soul_rage:
1) As again, I told you, in this case, the govt has set up certain protective rules, so it is not exactly an issue anymore on whether the company getting it, is local or overseas, coz they have to promise, for eg, a certain level of investment into our economy.
With your limited knowledge on business, I would say that MIGHT be true.
But common sense will tell me that the purpose of the foreign company investing in Singapore is to make money, and no company would want to invest billions of dollars if they cannot take the money out of the country.
Hence if there is no local company involvement, 100% of the profit will own by a foreign company and it will eventuall have to be drawn out of the Singapore economy. On the other hand, if there is a local company, the profit will then remain in Singapore.
Do that make sense to you? Or you prefer some animation to make it easy for you to understand?
2) Try not to link your point on (1) to (2). Basically (1) local companies linked up with foreign companies coz they know they cannot do the job, and will need their counterparts to advise them on how to do it.
In (2), as again, its a perception by our own govt/companies that our Singaporeans cannot do the job, when in effect, we are able to.
And you are also wrong on the count, that whoever does the govt project is not impt. Every $ spent is taxpayers' money, and of coz we should be concerned if our money is being siphoned to overseas
Genting International by itself will not be able to do the job either, thats why they got Universal Studio to MANAGE the theme park, DREAMWORKS to provide animation studio, HPL to operate the Hard Rock hotel, and some other foreign companies to operate the museum, Aquarium etc.
Please dont make assumption again if you didnt see the bid that 8th Wonders and Capitaland-Kerzner have submitted.
If you want to talk about taxpayer $, then why didnt you ask yourself if cost was the reason why government agency awarded the IT projects to Indian firm?
3) I din say Malaysia companies are stupid. You were the one again, whom pointed out that we are different from Malaysia. Again, you were the one who implied they are stupid, not me.
And I think you do not understand the underlying political decision on giving IR to Genting.
And so we have again, Gazelle, insulting other people, when in effect, he himself is myopic in his thinking
Again, you are twisting my words, what we were talking is about singapore government not favouring local companies just because they are local and this is the true opposite in Malaysia.
Before you question on my knowledge on Sentosa IR bid, I would strongly suggest that you do some reading on the whole bidding process for Sentosa and STB's RFP -
Originally posted by Gazelle:
Interesting how I keep going on and on
[quote]Originally posted by soul_rage:
1) As again, I told you, in this case, the govt has set up certain protective rules, so it is not exactly an issue anymore on whether the company getting it, is local or overseas, coz they have to promise, for eg, a certain level of investment into our economy.
[b]With your limited knowledge on business, I would say that MIGHT be true.
But common sense will tell me that the purpose of the foreign company investing in Singapore is to make money, and no company would want to invest billions of dollars if they cannot take the money out of the country.
Hence if there is no local company involvement, 100% of the profit will own by a foreign company and it will eventuall have to be drawn out of the Singapore economy. On the other hand, if there is a local company, the profit will then remain in Singapore.
Do that make sense to you? Or you prefer some animation to make it easy for you to understand?
2) Try not to link your point on (1) to (2). Basically (1) local companies linked up with foreign companies coz they know they cannot do the job, and will need their counterparts to advise them on how to do it.
In (2), as again, its a perception by our own govt/companies that our Singaporeans cannot do the job, when in effect, we are able to.
And you are also wrong on the count, that whoever does the govt project is not impt. Every $ spent is taxpayers' money, and of coz we should be concerned if our money is being siphoned to overseas
Genting International by itself will not be able to do the job either, thats why they got Universal Studio to MANAGE the theme park, DREAMWORKS to provide animation studio, HPL to operate the Hard Rock hotel, and some other foreign companies to operate the museum, Aquarium etc.
Please dont make assumption again if you didnt see the bid that 8th Wonders and Capitaland-Kerzner have submitted.
If you want to talk about taxpayer $, then why didnt you ask yourself if cost was the reason why government agency awarded the IT projects to Indian firm?
3) I din say Malaysia companies are stupid. You were the one again, whom pointed out that we are different from Malaysia. Again, you were the one who implied they are stupid, not me.
And I think you do not understand the underlying political decision on giving IR to Genting.
And so we have again, Gazelle, insulting other people, when in effect, he himself is myopic in his thinking
Again, you are twisting my words, what we were talking is about singapore government not favouring local companies just because they are local and this is the true opposite in Malaysia.
Before you question on my knowledge on Sentosa IR bid, I would strongly suggest that you do some reading on the whole bidding process for Sentosa and STB's RFP
[/b]
1) Interesting, so you MIGHT agree with my assumed limited knowledge? True, no one does things without any benefits. But common sense also should tell you that protectionism does not equal ZERO benefits to the other party. Its always a win-win thing. Protectionism laws ensure that to the country opening its doors, it gets its WIN as well.
2) But I suppose you forgot Genting has run a casino before? Think with this statement, its enough to refute you totally to what you are implying (again).
3) With regards to me questioning you on your knowledge, kindly refer to (1). You MIGHT agree with my assumed limited knowledge. So your knowledge is also limited?
And I think there is nothing wrong with govt being slightly favorable to local companies, if btw local and foreign companies, they are more or less equal?
That's how you bring in competition, and reward Singapore firms for rising up to the challenge. That's how Korea and Japan build up their brands, coz they support their local companies
Stupid favourtism is, well, stupid. Favoring your local companies when they cannot perform is stupid. But, if your local companies rise up to the challenge, then I don't see why we can't favour them to reward them for their tenacity.
If you bring in competition, and result in the demise of even capable Singaporeans, then what's the point of competition? Isn't competition meant to help raise the standards of Singaporeans?
Or Are you telling me that you should open your doors so wide that you are stripped naked and robbed of your valuables, and you should thank the robber for robbing you, because you have a fetish for being naked and robbed?