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 Working in Singapore V15

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keelim
post Oct 23 2013, 09:59 PM

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Long live lowyat.
keelim
post Jan 3 2014, 06:18 PM

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QUOTE(ik3da @ Jan 3 2014, 03:15 PM)
Hmm you got pretty much the same idea that I have here, I don’t really earn like really a lot but should still be able to live comfortably here without converting to SPR. Problem is I am tempted by the money and benefits that my child and wife can enjoy if either me or my wife convert. It will certainly help out well smile.gif

How long did the whole process took you? I wanna see if it is possible for me to wait till  I can confirm on my baby’s gender or if I have more time to think/talk before my baby pops out.

Good luck on your Shanghai plan too! I like the place but I am rather worried of the crappy air condition there, not really good for health.

On kid to go back M’sia, that’s another headache too, hmm… Really a lot to consider for myself if I really wanna go back M’sia one day. Need to talk this out with my wife once I get sufficient info sweat.gif
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If your basis for conversion is on monetary grounds, I strongly suggest you to reconsider. IF you arrive at the same conclusion, then re-consider.
keelim
post Jan 4 2014, 01:46 PM

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QUOTE(wlcling @ Jan 3 2014, 06:24 PM)
Why is that? Doesn't money make the world go round?

But seriously let's hear your views so I can prepare also tongue.gif
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Didn't give much thought to my statement but any decision that was made to exploit monetary opportunities typically backfired.

Renunciation is a big step in life. Prior to asking for opinion, I believe the decision has been made with all exogenous factors considered. Most probably, we are looking for confirmation bias to support our "yet to execute" decision.

And if you think you can outwit the SG government, think again. We are not European Union and unlikely to form one within ASEAN for the next N years. If one is thinking of conversion, it should be on a family unit, not piecemeal.
Specifically for MY-SG, the choice is made easier when MY is in the equation. Especially for you who had converted, whenever you are in doubt of the choices that you'd made for your loved ones, just log on to malaysianinsider to find comfort.

This post has been edited by keelim: Jan 4 2014, 01:47 PM
keelim
post Jan 7 2014, 11:18 PM

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QUOTE(ndragon @ Jan 7 2014, 10:15 PM)
i believe the last time i saw in MV was 2.67/2.69 ...
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The "/" is confusing. Are you separating the buy and sell rate with a "/"? Highly unlikely.

I think is a selling rate. Meaning you pay RM2.67 or RM 2.69 to buy S$1.00.
keelim
post Jan 7 2014, 11:21 PM

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QUOTE(studyboy @ Jan 7 2014, 11:18 PM)
Just curious, how do you define good?

I am looking for one too, similar areas but have to move in by February.
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If I need to prioritize, I will prefer a "good" landlord/landlady which you can only identify through referral.
keelim
post Jan 9 2014, 11:55 AM

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QUOTE(lssh @ Jan 9 2014, 11:46 AM)
Hi, I just joined a company in SG, it's my first job in SG. But, I think it's not the right one for me, so I'm looking for a new job.
I plan not to list out this short working experience on my résumé, and tell the interviewer that I've never work in SG.

My problem is, will my future employer find out when they apply working visa for me?
Pls help, thanks notworthy.gif
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Yes. Your record is with MoM.
keelim
post Feb 12 2014, 09:37 PM

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Just bought return tix to Ipoh from Firefly for next year's CNY. I don't know if I should open a petition to highlight the obvious monopoly of this route to the authorities. I don't know if it was the traffic rights, slots, runway length or etc, but we deserve an answer to the cut-throat price.
keelim
post Feb 13 2014, 12:26 AM

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QUOTE(Fiona Chin @ Feb 13 2014, 12:21 AM)
Wah lao, Chap Goh Mei also haven't pass and you bought tickets for next CNY. Semangat SG 100%.
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On hindsight, that deserves a chuckle.
keelim
post Mar 10 2014, 10:06 PM

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QUOTE(deodorant @ Mar 10 2014, 02:34 PM)
Income Tax season!

http://www.iras.gov.sg/irasHome/page04.aspx?id=14572
Last year filing we got a 30% income tax rebate. I google the budget 2014 highlights page it doesn't mention anything about the rebate liao. So does this mean this year filing no more 30% off? hmm.gif
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Apply for GIRO under monthly interest free payment. This will alleviate your finances.

This post has been edited by keelim: Mar 10 2014, 10:06 PM
keelim
post Mar 24 2014, 02:07 AM

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Prop trading originating from SG commands a low volume relatively. Mostly are executed as part of portfolio strategy or de-risking balance sheet. Gone are the days where prop trading is one of the "core" revenue generations. Hence, trading is no longer a high pressure and risky job.

SG banking system is not complex at all. In fact, it is so efficient that it is one of the pillars that supported SG to be one of the easiest country to do business. Robust, prudent and efficient.

The problem with such system is...it benefits investors but not deal makers. That is why the big deals (except REITS) are still going to HK and NY.
keelim
post Mar 24 2014, 02:28 AM

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QUOTE(mules @ Mar 23 2014, 11:13 PM)
http://www.jobstreet.com.sg/career-resourc...st-paying-jobs/

This is the reason banking and finance is the hot cake.  Singapore is the asia financial center and if you are here long enough u will soon hear of someone driving big car and high flyer in some fancy nightclubs. Their job? trader or financial advisor!  It is ridiculous hard to get into trading firms.  Your resume has to be proven with green results and backed by strong LinkedIn connections.  One of my friend got in, he did so with connection way up on the top of the firm.

I dont know about you guys, from my short working experience here in singapore, i have come to understand politic and mind games are dominant in sales environment, the higher the tighter.  The amount of actings and moves is amazing.  If you are used to Msia way of management or ways of doing things, you will need to start clean here and mind your steps. 

Also the scandals and sex is mind blowing too tongue.gif  Americans can take a backseat.
Still the rewards is worth it, Earning money here and spending it is so good compared to Msia.  The internet speed here is like heaven. 

(just my bias perception, gl hf)
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SG is projected to become ASEAN financial hub. It is one of the leaders in private and wealth banking, second only to Switz. Also, one of the first few to be granted the license to clear Yuan - offshore.

Trading is not a rocket science job. It is perceived to be hard because of low supply which creates an artificial - high demand environment. Due to Basel III & Volcker Rule, trading is now a margin business and a support service in banks.

Regardless how long your working experience is, politics and mind games will be the common factor. And I disagree that it would be any different, because human behaves the same regardless of nationality.

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