http://www.guidemesingapore.com/relocation/citizenship/renouncing-singapore-citizenship
Above is an article about renouncing citizenship and returning to Singapore to work. Since the policy is so open to foreigners, there is little advantages to hang on to the Singapore citizenship. The advantages of having another citizenship is that if Singapore falls on hard times, at least you have some place to go. The 2 million foreigners residing in Singapore will definitely leave, as their own countries welcome them back with open arms. Singapore citizens will have it difficult.
The Singapore male has it worse. He has 2 years of National Service liability and a decade of reservist training, which puts him at a disadvantage when being considered for a job by a foreign talent manager. There simply isn't a Singaporean First policy to ensure fairness to citizens.
There are plenty of misguided policies, such as the abuse of the PIC system, which is abused by SMEs run by foreign talents and citizens alike. Very little of the grants are given for productive uses.
Another grave error the government made was to favour MNCs over grooming of SMEs. The GLCs crowded out SMEs as well, so that retired generals can run these companies never mind their suitability. As a result, there is no Singapore run private sector that can be world class. MNCs have their own agenda and constantly threaten to uproot from Singapore if the government tries to "push" them into hiring more locals and giving them fair chance of promotion.
These policies will not change unless there is a strong signal given in the next election....
Above is an article about renouncing citizenship and returning to Singapore to work. Since the policy is so open to foreigners, there is little advantages to hang on to the Singapore citizenship. The advantages of having another citizenship is that if Singapore falls on hard times, at least you have some place to go. The 2 million foreigners residing in Singapore will definitely leave, as their own countries welcome them back with open arms. Singapore citizens will have it difficult.
The Singapore male has it worse. He has 2 years of National Service liability and a decade of reservist training, which puts him at a disadvantage when being considered for a job by a foreign talent manager. There simply isn't a Singaporean First policy to ensure fairness to citizens.
There are plenty of misguided policies, such as the abuse of the PIC system, which is abused by SMEs run by foreign talents and citizens alike. Very little of the grants are given for productive uses.
Another grave error the government made was to favour MNCs over grooming of SMEs. The GLCs crowded out SMEs as well, so that retired generals can run these companies never mind their suitability. As a result, there is no Singapore run private sector that can be world class. MNCs have their own agenda and constantly threaten to uproot from Singapore if the government tries to "push" them into hiring more locals and giving them fair chance of promotion.
These policies will not change unless there is a strong signal given in the next election....
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