Poor working class - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Poor working class

Reply
 
Thread Tools
  #1 (permalink)  
Old 04-06-2007, 10:59 PM
Salary.sg
Guest
 
Posts: n/a
Default Poor working class

A letter to the Straits Times Forum today paints a rather bleak picture of the state of economy for the working-class Singaporeans.

Basically, the writer contended that Singapore ranking just above Second and Third World countries based on GDP does not bode well for our future. Also, the net salaries of other major Asian cities will likely surpass Singapore.The writer based his conclusions on a PricewaterhouseCoopers (PwC) report. I'm not sure which one, but there's a recent one called "Cities of Opportunity: Business-readiness indicators for the 21st century" which ranked Singapore rather poorly in many aspects.

I took a look at that PwC report.

The study compared 11 global cities - Atlanta, Chicago, Frankfurt, London, Los Angeles, New York, Paris, Shanghai, Singapore, Tokyo, and Toronto - using "9 indicators and 32 variables."

Note that Shanghai, Singapore and Tokyo are the only 3 Asian cities covered. Other big Asian cities like Hong Kong and Taipei are not included in the study.

The report has this to say of Singapore:
Quote:
"... so-called emerging cities such as Shanghai and Singapore and ... Atlanta and Toronto pose serious challenges to the reigning global powerhouses."
And that's probably the only nice bit.

These are Singapore's rankings:

- 2nd last for intellectual capital. We have zero Nobel prize winners and we have the least (absolute?) number of people with higher education, among other shortcomings. "A city’s intellectual capital is key to its business readiness," so says the report. But to be fair, the report did anticipate that "emerging cities" like Singapore will experience a "brain gain" in future.
- Last for technology IQ and innovation. Oops. We did badly in patents, high tech services employment and Internet users on broadband (is PwC sure of this one?).
- 7th in transportation assets. To do better for this one, we need more passenger flows.
- 3rd in demographic advantages. Ah, not too bad on this one. We did well in terms of working-age population over total population.
- 2nd last for financial clout. We are way behind in domestic market capitalization and having global 500 headquarters.
- 8th for cost. Only London, Paris and Tokyo are more costly than us. Also, our purchasing power is very weak among the 11 cities.
- 2nd last for lifestyle assets. We lost out in entertainment and recreational space.
- 5th for safety and security. Although we are tops in low crime statistics, our lack of hospital beds is a bugbear.
- 1st for ease of doing business. Finally, we have a top spot!


http://www.salary.sg/2007/poor-working-class/

Reply With Quote
  #2 (permalink)  
Old 05-06-2007, 03:17 AM
goodshow---
Guest
 
Posts: n/a
Default 173

That's why our gov is simple minded, thinking that their millions of salary is justified because they know best ! They focus on business attractness which get first, but did they ever wonder that by focusing on other factors, it naturally bring about attractive in Singapore that it business-attractiveness ?

Reply With Quote
  #3 (permalink)  
Old 25-03-2016, 01:04 AM
Unregistered
Guest
 
Posts: n/a
Default

bad life, good life, cannot compare.

Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »

Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


» 30 Recent Threads
Whats your net worth ( 1 2 3... Last Page)
2,602 Replies, 600,764 Views
Lawyer Salary ( 1 2 3... Last Page)
2,884 Replies, 916,140 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,299 Replies, 253,593 Views
ST Electronics ( 1 2 3... Last Page)
174 Replies, 61,972 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
1,878 Replies, 1,113,259 Views
Career as Teacher ( 1 2 3... Last Page)
1,045 Replies, 746,993 Views
Aircraft Maintenance License and... ( 1 2 3... Last Page)
555 Replies, 360,901 Views
MOH Job
2 Replies, 170 Views
SIM-RMIT fresh grad starting pay ( 1 2 3... Last Page)
192 Replies, 115,365 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
726 Replies, 432,659 Views
How long does SIA get back after... ( 1 2)
14 Replies, 5,382 Views
Mid-Year Civil Servant Bonus 2018
5 Replies, 1,950 Views
Credit Suisse - Compliance... ( 1 2 3... Last Page)
93 Replies, 39,833 Views
Working in a bank ( 1 2 3... Last Page)
512 Replies, 252,186 Views
Compare civil service salary ( 1 2 3... Last Page)
7,001 Replies, 3,712,227 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
970 Replies, 410,348 Views
Shell TDP ( 1 2 3... Last Page)
83 Replies, 15,360 Views
Shell Graduate program ( 1 2 3... Last Page)
135 Replies, 77,976 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,202 Replies, 324,504 Views
Top paying companies in SG for... ( 1 2 3... Last Page)
48 Replies, 27,012 Views
Should I pursue a Masters in...
0 Replies, 291 Views
Officer Role in Bank of Tokyo -... ( 1 2 3... Last Page)
162 Replies, 109,017 Views
Secondary School Ranking 2017
2 Replies, 5,096 Views
What makes Investment-Linked...
5 Replies, 5,731 Views
teaching English as a career
1 Replies, 419 Views
List of Management Associate... ( 1 2 3... Last Page)
174 Replies, 82,010 Views
Job Application with MOE... ( 1 2 3... Last Page)
159 Replies, 116,475 Views
How rich/poor am I compared to... ( 1 2 3... Last Page)
41 Replies, 21,704 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
928 Replies, 644,752 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 12:17 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2