The Filipinos, Indonesian, Vietnamese, Indian, chinese, and Burmese that are looking. For opportunities in Sg, have to factor in the cost of air travel unless they are paid for by potential employer (hardly the practice in Asia). It will be lower for you relatively.

This post has been edited by keelim: May 28 2011, 11:11 AM

No wonder the Burmese marching in hordes to ditch their passports for a red one.

This post has been edited by keelim: May 28 2011, 03:12 PM

The 10k I have met are those foreign educated Asians that are well conversant in Chinese or Indonesian languages or even Japanese/Korean. They know the local lingo well and are tapped by the bulge brackets to progress in Asian leadership programs. Those I know are not undergrads though but renown MBA grads. And I personally believe the 10k quoted iS the moderation that includes signing bonuses as well as contractual bonuses. No stock options for freshies.

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Added on May 29, 2011, 4:23 pmCfa is useful for research writing. Ultimate target of a charterholder is becoming a portfolio manager. Almost All bulge brakets either promote their strategists to become a pm or recruit a pm from the industries. Most important a research analyst has to offer is good write up with he ability to come up with short titles that catches a pm"s attention.

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Added on May 29, 2011, 4:26 pmHavig said that, English is more important than cfa to become an analyst in the research industry. You almost got nil chance to start as a junior pm w/o going through a research anal-syt / strategists. The applicants are abundant but opportunities are limited.

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Added on May 29, 2011, 4:29 pmAnd btw the ibs setup in Sg is atill very lean. Very few industries expert. They are tapped from europe/hong kong mostly. Something that Sg will catch up in the near future when the migration pick ups.

This post has been edited by keelim: May 29 2011, 04:29 PM

Knight,

I would be lying if I were to tell you that I know which is better. But the challenges are profound if you were to catapult to Sg and join an IB. The opportunity and hiring process are against you being a foreigner and fresh.

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Added on May 30, 2011, 1:57 amJoining ib at the very start of your career would have already given you an edge regardless of the country as they are known to hire good grads. I opine that a Cimb or rhb experience will be Better than a small brokerage firm without a shadow of doubt. You need to pass the securities license if you want to practice in the investment field regardless.

There is a distinct difference between a msian ib and an international ib. The segmentation of roles ate not clearly specified in asian ibs. They are all jack of all trades but really master of none.

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Added on May 30, 2011, 2:02 amYou can see a corporate financier doing pitching, m&a, financial modeling, road shows, Capital and debt market structuring. Semua pau ka liau. Some even could provide an independent view as a research analyst. But the experience is very challenging and rewarding. Hence I suggest local ib than the brokerage firm.

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Added on May 30, 2011, 2:05 amHowever, adding personal goals into the recipe, will change all the taste. Personal goals are like money, and the endless debates of which country is better. I was in the same position as you but my personal goals were too overwhelming to be ignored.

This post has been edited by keelim: May 30 2011, 02:18 AM

Started out as a Corp finance guy. Am in a private equity fund now focusing on infrastructure investment.

Firefly tickets for cny season is out. It's very expensive to fly to Ipoh. Wonder when the local government will allow ompetition and grant air rights to airasia to fly there. If this continue I will have to summon SEA anti commission. Wait...we don't have one. Guess monopoly is encouraged. MAS and MAHB are under Khazanah anyway.

According to mom is Monday and Tuesday. 23 and 24 Jan.
Firefly is cunning enough to ensure to arbitrage on it's pricing. You will know what I mean when you look at January pricing.

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Added on May 31, 2011, 12:46 amI mean no arbitrage opportunity. The price of that ticket back and fro can get you to Taiwan on budget airline. Time to summon anti competition commission or suhakam.

This post has been edited by keelim: May 31 2011, 12:46 AM

While i understand fuel levy has to be priced in, that number is discriminating. It's a cash cow fir MAS. There is suppose to be another airline that will commence its inaugural flight to Sg - can't recall the name but sadly no news eversince 2008. Apparenlt no funding from state government. Routes to east cost are open to other airlines which will force firefly pricing to revert to normalcy in the long term. It is flights to places like Ipoh and subang that they are milking happily from the consumers. Wonder how much the ticket price will be on the next few months. This year it was a multiplier of 3x to purchase ticket 6 months ahead. Next year cny with the same multiplier will deter people from traveling. Wonder will they lower the price in the future and put early birds at a disadvantage.

Tampines is a great place to stay but it is getting overcrowded. The shopping malls create a strong traction to pull the people into its mini city centre creating an overwhelming critical mass during peak hours. Food wise, I think you can't get anything with a wow factor in Tampines.

My mother used to be an ex-WP holder. Came to Sg in the early 70/80s to earn a living. Repatriated money to my maternal grandparents who were taking care of me/siblings. The one and only reason for the hardship was to ensure the children grow up and not to be discriminated/abused verbally or physically. Apparently back-then and presently, education is the solution/getaway from poverty.

While I am blessed with proper education, I am always reminded to stay down to earth, for whatever that gets you there may work against you. Education is a powerful tool, but dont create an illusion of knowledge out of it. If you did, that's when your downfall is imminent. It may not be in monetary terms, but self-dignity.

To concur with her view, egoism has taken humanity to a new level. Look around you and you will notice "Sorry" seems to be the hardest thing to say - sincerely. Respect is hard-earned but easily diminished.

This post has been edited by keelim: Jun 3 2011, 12:34 PM

Are you sure 1 degree lower? I can't even breath in the morning due to the high humidity. Almost suffocate and get ppl really stress up.

I remember Saturday us opened for half-day.

you can take Berjaya Air directly from Sg to Redang though.

Berjaya Air operates from Budget Temrinal.

I was shopping in kl over the weekend. There is this pao Xiang bah kut teh in 1utama which I find quite delicious. The servings are in ceramic bowls and not the typical claypot. At first it was a turnoff given the norm of serving Bah kut teh in claypot. But it turn out very tasty just on par with all the best bah kut teh you could find in Klang. I requested for a business car from the boss and saw they have a branch in nex mall. Anyone tried it before in nex?

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Added on June 16, 2011, 7:54 amThis could be the first bah kut teh in town with using herbs as the soup base.

This post has been edited by keelim: Jun 16 2011, 07:54 AM

The odds are stacked heavily against you if you are a fresh grad.

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Added on June 24, 2011, 10:27 pmI just renewed my work pass. Was at epsc and the crowd was significant less compared to my previous issuance.

News have been circulating that the ideal ratio of foreigners to citizens should be 1 to 3. Can't remember the exact amount. It's going to get tough for job seekers.

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Added on June 24, 2011, 10:32 pmThis may be some anecdotal evidence for the record and subjected to my limited observation at the centre. You employer may proceed to appeal for you. The process is torturous.

This post has been edited by keelim: Jun 24 2011, 10:32 PM