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 Working in Singapore V15

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keeganz
post Oct 27 2013, 07:36 PM

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QUOTE(BravoZeroTwo @ Oct 27 2013, 05:48 PM)
with due respect to those that criticizing your homeland (sounds like no hope in your country) and with so much of ill feelings, has anyone of you in the process of giving up your nationality ? if yes, it is understood. If not, why then ? Perhaps mind to share ? Thanks.
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I could love my country without loving my government.
If I been absorb by the new country, I'm the first to drop my citizenship but I will apply PR in Malaysia. Problem? I love Malaysia but not BeEnd
keeganz
post Oct 27 2013, 10:48 PM

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QUOTE(BravoZeroTwo @ Oct 27 2013, 08:08 PM)
base on the reasons given for leaving your homeland and reside in a new place, are those reasons a non existence in where you are staying and working now ? You are not treated as foreigners ? You get the same pay amount as their own citizens with the same amount of opportunities in careers ?
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Based on what I experience, I been treated in both countries as pendatang. My own homeland, I have to survive based on inequality and accept any rules and regulation based on theirs preference. However when I'm in Sg, I'm subject to the fair basis principle, survivor of the fittest and not subject to seniority or even race and nationality.

Hope that you make your point clear, I love Malaysia, if possible I would like to contribute which I already doing it for the last few years before I left the country by paying tax.

What do I get in return, in terms of sociology, security, economically and lastly fairness?

Even when I'm retired, I'm trying my best to making sure I will back to Malaysia spend my last few years there but not my kids. I rather them spend theirs teenage in a country that could add better value to them in theirs life.

All above is my own living value. My humble 2cents.

keeganz
post Oct 27 2013, 10:56 PM

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QUOTE(BravoZeroTwo @ Oct 27 2013, 08:53 PM)
what's that MOM's regulation on Fair Practice for the employers to adhere to ? Not to take in foreigners for lower pay scale ? At least advertise for fourteen days, to hire their own citizens first and foremost. Fair minded and most open ? Go to causeway and do a survey and let us know the salaries for foreigners. Thanks.
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Not everyone who work in SG is getting lesser than theirs Singaporean counterpart. Do bear in mind, the employer hire the candidate is based on theirs own merits and capabilities.

I could assure you that some of the Malaysian is getting more than the local there by doing the same job and some of them is even leading or heading a team.

Don't be a hatred, open your mind wide and understand that if be given a choice who would leave theirs homeland and work abroad.

If you are chinese and Indian , ask your grandparents.
They would understand this theories well.

If you are one of the NEP benefactor, continue with your mindset. God bless you
keeganz
post Oct 29 2013, 02:19 PM

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QUOTE(jasonkwk @ Oct 29 2013, 02:15 PM)
what is the benefit of a Singapore PR beside buying resale HDB flat and better employment opportunities, as in non monetary benefit?
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Not much different if you are single ,
If you are married with kids, then the PR makes a lot of sense in terms or education for you kids, medication, childcare center.


keeganz
post Nov 4 2013, 08:08 PM

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QUOTE(tengah @ Nov 4 2013, 04:48 PM)
Don't forget that a person making RM10K in Malaysia is likely a senior executive. When he comes to Singapore, he will likely or assume he take a senior executive job. That won't be SGD5K. Maybe SGD10K. Maybe SGD9K.

So that debate within debate about RM10K to SGD5K is definitely flawed. That person who compared RM10K to SGD5K is not looking at reality.

SGD10K is RM25.5K - still downgrade?
The original question SGD2400 to RM3000. Same line of work/job level.

SGD2400 is RM6100 - that's a difference of RM3700. You see RM3700 no up? You still think downgrade?

Standard of living (security, social standing, amenities etc) is lower in Malaysia.

If you still think downgrade, stay in Malaysia then  drool.gif
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Yes agree with him. The question now is is he satisfy with the job role which he landed with. If he think that sgd5k and with less responsibility if compare to the myr10k job back in Malaysia. Why not?

If the same job role or position. Then why you could get myr10k and not sgd8-10K? Assuming same job role normally we get +- 20% from our last pay in Malaysia.

This post has been edited by keeganz: Nov 4 2013, 08:09 PM
keeganz
post Nov 4 2013, 08:13 PM

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QUOTE(ThanatosSwiftfire @ Nov 4 2013, 05:02 PM)
Hi guys, anyone has any experience arranging for a large outing (ie 50-100 people) in Singapore?

Any suggested activities?

I'm probably going to organise a department outing, so I'm wondering what do corporations in Singapore do for their teambuilding etc.
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Escape singapore but you need to split into few group, or pulau ubin , OBS.

This is what I always engage with for the company leadership team building.
keeganz
post Nov 6 2013, 03:34 PM

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QUOTE(crazy25kid @ Nov 6 2013, 09:41 AM)
i curse the taxi driving style...macam having foot cramps causing the foot to step and release the accelerator repeatedly instead of maintaining the speed constantly
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Yes, once I ask the taxi driver to stop and I vommitted at roadside.

The taxi driver even say that I'm so weak....

This post has been edited by keeganz: Nov 6 2013, 03:35 PM
keeganz
post Nov 16 2013, 02:10 AM

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QUOTE(alaskanbunny @ Nov 14 2013, 11:06 PM)
Why the world's ultra rich are flocking into Singapore right now

Singapore’s average wealth per adult is currently US$282,000 (5th in the world)
       
The number of High-Net-Worth (HNW) individuals rose 21.5% in 2012
     
HNW Individuals hold USD 857 billion in wealth
     
The number of HNW individuals in Singapore expected to rise 58% by 2017
     
HNW Individual wealth expected to surpass USD 1.38 trillion by 2017
     
Assets under management across Singapore hit a record high of USD 1.29 trillion

The degree of wealth shifting to Singapore is truly staggering so it is important to look at why wealthy individuals from across the globe are seeking to make Singapore their new home. Highlighted below are some of the key reasons we are seeking such rapid growth in the number of HNW individuals shifting to Singapore.

A shift from Switzerland to Singapore

There is great talk about Singapore becoming the new Switzerland and taking the title of being the global financial hub for the world’s wealthy. Switzerland’s main attraction has always been the secrecy offering by the banking sector which has become much less applicable over recent years and without this benefit, there is little keeping the funds in Switzerland.

The Singaporean Dollar

Monetary Policy in Singapore is expected to remain on track and the Singaporean Dollar is expected to continue to gradually appreciate against other major currencies. This provides a degree of currency stability for global investors looking for a ‘safe haven’ for their investments, particularly during these times of economic volatility.

Economic Growth

Merrill Lynch is forecasting economic growth for 2013 of 3.5% and 2.8% for 2014. The Central Bank here in Singapore has also highlighted that they do not expect any material difference in the economic growth rates between this year and next. This positive growth outlook also provides for a compelling investment case for global investors.

Tax Rates

The maximum personal income tax rate in Singapore is 20% which applies to income over S$320,000. To give you some reference, here are the top income tax rates in the home countries of many expats here:

        Australia – 45%
        UK – 50%
        France – 45%
        New Zealand – 45%
There is also no tax payable on capital gains made from buying and selling financial instruments such as shares.

Where else?

China: Chinese economic data continues to show a slow-down in the economy, despite growth rates still remaining high relative to other countries.

UK: The latest IMF report, whilst reporting an upgrade in their economic outlook expects output to remain well below potential output for “many years”.

Europe: European economic concerns continue globally. BNY Mellon chief economic is quite pessimistic about whether the recent economic growth that brought them out of recession is sustainable in future years. Debt levels remain a concern and we are yet to see a great deal of structural reform.

US: The US economy has performed relatively well and is showing signs of early economic growth, however the recent debacle regarding raising the US debt ceiling and resulting government shut-down highlights an instability HNW individuals do not want to be exposed to.

There is little doubt that the wealth will continue to pour into Singapore as the benefits of being based here continue to provide for a compelling case. As a result, the Singaporean economy will continue to prosper with new jobs being created, further infrastructure developments and a strengthening financial sector.

- See more at: http://sbr.com.sg/financial-services/comme...h.CkLydoWo.dpuf
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Wow this sounds good, money inflow to sg and sgd might go even stronger. Bagus bagus. The more fund inflow to sg
The better for us
keeganz
post Jan 28 2014, 08:30 AM

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QUOTE(hot-choc @ Jan 27 2014, 04:23 PM)
Anyone driving back to Malaysia for CNY?

What's your take on the jam at the causeway?
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I don't think the CNY rush will be that jam if compare to hari raya, however you can download the plus expressway app, to check the live feed traffic

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