Why Is The Singapore Gahmen Shooting Singapore in the Foot With Terrible Foreign Worker Policies
Posted: Tue, 16 Aug 2016 11:48 am
From Reuters: http://www.reuters.com/article/us-singa ... SKCN10P0YU
It has become so difficult to hire the necessary workers that businesses are shutting down in Singapore.
"In a hypothetical situation where there were no foreign manpower curbs, then (domestic) growth may have been a little bit higher," said Selena Ling, head of treasury research for OCBC.
How stupid is it to be turning to robots when the importation of foreign labor, to fill a role that's obviously not being filled locally, would provide a net increase in domestic growth.
Sounds like it is Singapore's version of the US tea baggers running the show.
It has become so difficult to hire the necessary workers that businesses are shutting down in Singapore.
"In a hypothetical situation where there were no foreign manpower curbs, then (domestic) growth may have been a little bit higher," said Selena Ling, head of treasury research for OCBC.
How stupid is it to be turning to robots when the importation of foreign labor, to fill a role that's obviously not being filled locally, would provide a net increase in domestic growth.
Sounds like it is Singapore's version of the US tea baggers running the show.