The only time when we have a peace of mind is when he seriously addresses the mad immigration policy and start to de-populate selectively, especially the foreign PMETs.
Even then, we have no more trust in this government. Change we must.
I have known of many companies that promote their own kind and hire their own kind, both MNCs and GLCs with foreign heads of departments.
Many companies that used to have no more than five expatriates are now having over a hundred expatriates. How to be productive and competitive as most expatriates come with generous family packages.
Spoke with some, they say why not. EDB gave very generous grants, tax free for a good number of years.
One German company engaged a property agent friend of mine to look for twelves upmarket service apartments to house their expatriates and asked my property agent friend where to get the best in groceries, German sausages and such. NTUC Fair Price, not good enough. Cold Storage, not up-market enough. Tanglin gourmet super-markets and all fancy butcheries are what they want. “Your government hand us very generous grants and so we must make the best use of it.” and so they said.
This Germany Company have their management and executive, all German expatriates. Office boys, clerks, drivers and those at the bottom of the hierarchy, all locals.
They all drive company cars, BMWs and Mercedes, company paid, EDB granted.
Now you know why COE prices cannot come down. The demand is driven up by these expatriates’ demand who can bid high for it’s company sponsored.
We are all f**ked deeply by our own government.
Getting Screwed Real Bad