Quote:
Originally Posted by Nato17
Not really lei. Just that SG is now the pits. Too many FTs in SG. It is sad when we Sinkies have to move overseas to compete with the world. Other countries have more red tape than SG when we do business. Yet our laws favor the FTs, so no choice but to seek bigger and better pastures elsewhere.
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HK also a lot of Ft, but according to what I know their middle mgnt to entry position mostly locals. Only in SG top to bottom all Ft. I once took a HDB case to Std Chart just to check how much in principle amount I can borrow (during the 2009 crisis). The officer from foreign country told me sorry I don't know anything about HDB let me get another local to serve you. So what the F hire some Ft for ? I think bascially to justify no local in the low level to move up to mgnt and from junior mgnt to move up to middle mgnt that why these banks need to bring in more and more t..sh in. And about the new rule