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Posts Tagged ‘Human Resorces’

PAP really loves FTs over locals, really they do

In Economy on 04/01/2017 at 6:47 am

Actually to be fair to the PAPpies, Asian countries generally think FT tua kees. I kid you not.

Here’s why.

S’pore slipped five places to 15th in the latest world-talent ranking by Swiss business school IMD it was reported in November

IMD World Talent Ranking 2016

This despit first in “science in schools”, second in “university education” and “educational assessment – PISA” and third in “educational system” and “student mobility inbound”.

S’pore doesn;t grow its own timber

It fell in the overall ranking because it fell behind in investing in and developing homegrown talent, said the report. It emerged only 38th in the sub-ranking for this.

Arturo Bris, the director of the IMD World Competitiveness Centre, was reported by BT as saying: “There’s no doubt that many Asian economies, Singapore arguably chief among them, remain among the very best attractors of talent from abroad.

“There’s no doubt, too, that they’re able to improve their overall competitiveness as a result of the knowledge and experience this foreign talent brings – but this isn’t enough to compensate for the lack of development of local talent, particularly with regard to the paucity of public-sector investment in education.”

In an e-mail to The Business Times, he identified inadequate investment and development of its own talents as one of Singapore’s biggest weaknesses. He noted that Singapore’s spending on education declined from 3.08 per cent of its gross domestic product (GDP) last year to 2.99 per cent this year, which is lower than 55 of the economies in the IMD ranking.

Singapore also did badly in pupil-teacher ratio, ranking 41st for primary education and 35th for secondary education.

Well one Ngiam Tong Dow (Rememember him?) was very local that S’pore had to “grow its own timber” (his words) to move on up the development ladder. Too bad for S’pore the PAP administration isn’t listening.

But now that an ang moh is saying the sae thing, maybe the PAP adinistration will listen.

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Retail bonds, another SGX flop

In Uncategorized on 15/04/2016 at 5:12 am

Singapore’s mom-and-pop investors are losing their fervor for bonds as the economy cools, after the amount of notes sold to individual investors was twice initial public stock offerings in 2015.

Prices on the exchange-traded notes are beginning to converge with those sold to institutions on the interbank market. Four companies raised S$975 million ($722 million) selling bonds to individuals last year, outstripping the S$496 million of IPOs, filings show. The one bond sale this year to such investors met with lower demand.

http://www.bloomberg.com/news/articles/2016-04-07/singapore-mom-and-pop-investors-lose-bond-zeal-as-economy-slows

Another SGX initiative goes wrong. Renember until last yr CEO, COO and Head techie were FTs. Now CEO is S’porean but the other two still there screwing things up.

Why Japs smarter than Singkies

In China, India, Japan, Vietnam on 21/06/2014 at 5:18 am

http://im.ft-static.com/content/images/c272b0ac-d4f9-11e3-adec-00144feabdc0.img.

By 2050, elderly (65 and over) almost 40% of population

Next to Japan only. But no robots here, only FTs.

Japs smarter than us in avoiding the problems that FTs bring, like pushy Pinoys, wanting to change PM from Prime Minister to Pinoy Minister and SPF to S’pore Pinoy Force. But then they have friends like William wan, Kirsten Han, AWARE and Maruah. Their only public opposition is Gilbert Goh and Goh Meng Seng.

The govt should remember that when the Pinoys burnt our flag in the 1990s and it protested, the Pinoy govt gave the S’pore govt the finger, telling it nothing wrong with burning our flag.