for all property owners with more than 1 unit?

[relax88]

Foreign labour pool will grow, but at slower pace: DPM Teo Chee Hean
PUBLISHED ON JUN 21, 2014 9:50 AM 0 1 0 0
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The pool of foreign labour will keep growing, but at a slower, more sustainable pace, Deputy Prime Minister Teo Chee Hean said yesterday. -- PHOTO: BT FILE

BY CHIA YAN MIN
The pool of foreign labour will keep growing, but at a slower, more sustainable pace, Deputy Prime Minister Teo Chee Hean said yesterday.

The process has been painful for companies, but is necessary to raise productivity in sectors that are still lagging, he added.

The minister was responding to questions at a luncheon during the Singapore International Chamber of Commerce's (SICC's) 173rd annual general meeting (AGM).

Manpower issues were the foremost concern among chamber members and senior business leaders at the event, held at the Grand Copthorne Waterfront Hotel and attended by about 200 people.

- See more at: http://www.straitstimes.com/news/singapore/more-singapore-stories/story/foreign-labour-pool-will-grow-slower-pace-dpm-teo-chee-h#sthash.KDwdYg7u.dpuf:D

[DC33_2008]

Growth rate varies from unskilled, skilled, and talents.

[Allthepies]

Talent growth will be exponential followed by flattish growth for skilled and negative maybe for unskilled....good news for condo rentals, good luck hdb....: )

[relax88]

my view is that they are building up all the hdb and condos so as to prepare the FLOOD, cos you need 三军未动 粮草先行

lay the foundation then....:scared-4::scared-4::scared-4::scared-4:

7.9million cos who actually go and count one by one:D:D:D

[chiaberry]

I suspect you're right. They wouldn't be so silly as to have a big over-supply as that would not be good for the country as a whole

[Arcachon]

my view is that they are building up all the hdb and condos so as to prepare the FLOOD, cos you need 三军未动 粮草先行

lay the foundation then....:scared-4::scared-4::scared-4::scared-4:

7.9million cos who actually go and count one by one:D:D:D

Do we have other choice.

[teddybear]

Yes, the loud complainers can choose to don't import any more foreigners, create many jobless citizens, and Singapore will die!


Do we have other choice.

[Komo]

citizens stay in jb, non citizens work in Singapore :)

[Cupcakes]

Yes, the loud complainers can choose to don't import any more foreigners, create many jobless citizens, and Singapore will die!

There used to be many cheap import fresh graduates competing with local fresh graduates and their starting pay is at 1.8k. Hope your children and grandchildren and great grandchildren and great great grandchildren will face the same situation.

[teddybear]

There is a fallacy to believe that if no foreigners be let into Singapore, the local graduates pay will rise and they will have great pay.
Far from that.
We may see more local graduates being jobless! No MNC will want to set up shop in Singapore because Singapore just don't have enough talents! This is a fact that people have to face up to............. :beats-me-man:


There used to be many cheap import fresh graduates competing with local fresh graduates and their starting pay is at 1.8k. Hope your children and grandchildren and great grandchildren and great great grandchildren will face the same situation.

[Kelonguni]

Yes, the loud complainers can choose to don't import any more foreigners, create many jobless citizens, and Singapore will die!

If don't import anymore, the main issue is that the complainers may not be the first to die.

Selected others (Govt big shots, big bosses, finance dependent businesses, heavily leveraged persons) die first. These are the strongest proponents of growth, growth, growth - population growth, economic growth, everything must grow.

But I think there is no way we can say stop growing - it just will not happen in SG.