• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Have you noticed any drop in Pinoys on our island?

winnipegjets

Alfrescian (Inf)
Asset
The Philippines’ booming economy is causing a maid drain in Hong Kong and Singapore


The Philippines’ economy has been one of Asia’s best performers recently, and is forecast by the World Bank to increase by more than 6% annually over the next three years.

This growth is having a disconcerting effect on the “maid trade” in Hong Kong and Singapore, employment agents in both cities say. In both cities, tens of thousands of Filipino women work long hours cooking, cleaning and caring for children for about $500 a month, often while separated from their own children and families for years. Now there’s evidence some of these women are opting to stay home instead.

Thanks to the Philippines’ stronger economy, wealthy Singaporeans are having to “lower the bar” when hiring a Filipino maid, recruitment consultant Emmanuel Geslani told The Straits Times. Filipino women with excellent English and a good education are finding jobs at home, leaving Singapore’s upper class with no choice but to import women with few specialized skills from impoverished rural areas. “Now, as long as the maids can speak and write English, it’s okay,” he said.

The shift comes as President Benigno Aquino is championing billions of dollars in infrastructure and development projects designed to build up the country’s provincial towns, a push that is drawing migrants back to once-sleepy towns, as Bloomberg reported this week.

Hong Kong employment agencies have been importing women from poorer nations, like Myanmar and Bangladesh, to deal with a maid shortage, but with limited success, the South China Morning Post recently reported. Better paying factory jobs in Taiwan, South Korea, and Japan are also hiring Filipino woman that might have once worked as domestic helpers in Hong Kong, employment agencies said. Now potential employers in Hong Kong who previously had several candidates to choose from when recruiting a new maid are now down to only one.

After growing rapidly in recent years, the overall number of Filipinos employed in Hong Kong, which is mostly domestic helpers, declined slightly last year.

And the overall number of Filipinos working in Singapore has virtually plateaued after years of fast growth.

The Philippines has long been one of the major labor sources for the rest of the world, supplying everything from maids to fishing vessel crews to electrical engineers. Nearly 10.5 million Filipinos, or about 10% of the population, were overseas in 2012, according to the Commission on Filipinos Overseas:
Commission on Filipinos Overseas

There’s no evidence yet that fewer Filipinos overall are actually heading overseas for work, and overall domestic unemployment remains high. But given the country’s strong economic growth forecast, Filipino workers from around the world may be coming home in larger numbers in years to come.
 

AhMeng

Alfrescian (Inf- Comp)
Asset
try going Orchard road on a Sunday...you will think that you are in Makati :biggrin:
 

hokkien

Alfrescian (Inf)
Asset
Not really.... But I see more and more ah nehs liao. In 05 chinese sure got 1 ah neh... :(
 

Capano2121

Alfrescian
Loyal
Once a place is infested with cockroaches, it remains forever infected by their existence unless you burn the place to get rid of their chemical stains! However cockroaches especially the flipping kind will just burrow deeper, they are there but you just can't see them! SCORCHED EARTH is the only solution!
 

khunking

Alfrescian
Loyal
Not really.... But I see more and more ah nehs liao. In 05 chinese sure got 1 ah neh... :(

More good years ahead. Notice the lotus beacon in the picture?

logo.png






[h=1]Singapore in no hurry to review economic pact with India[/h]The second review of CECA has been pending for more than 4 years

Nayanima Basu | <news:geo_locations> New Delhi </news:geo_locations> September 02, 2014 Last Updated at 00:52 IST



1361084421-5263.jpg


Singapore is in no hurry to conclude the second review of the Comprehensive Economic Cooperation Agreement (CECA), even as India is pushing for entry of its banks and professionals into the Singapore market for more than four years.

“Yes, it (the second review of CECA) has taken a bit longer. We are in no hurry. These sort of negotiations take time. The Indian government is yet to come to terms with our laws. If CECA review takes over 10 years then also it is no big deal. Life goes on,” a senior Singaporean government official told Business Standard.

India had signed its first ever CECA with Singapore in August, 2005, under which both sides have a preferential tariff arrangement for over 80 product lines. Besides, India and Singapore enjoy greater access in services and investment under CECA.

The CECA's second review was launched in May, 2010, but since then the review had been held up mainly on two important issues. One is allowing Indian banks to Singapore and second the free movement of Indian professionals.

India had been consistently raising this issue with Singapore at all high-level meetings. The matter was even discussed during the recent meeting between external affairs minister Sushma Swaraj and her counterpart K Shanmugam in Singapore last month.

The Singapore government, in its effort to reduce reliance on foreign workers, passed the ‘Employment Pass Framework’ in 2010 under which the foreign share of the total workforce has to be brought down to around one-third by the companies located there, while encouraging employers to invest in productivity in return for incentives in the form of tax breaks.

However, India has argued that while Singapore has done this to address its own domestic concerns, it had committed a separate provision under CECA, exempting India from such a rule. The matter has taken a political colour now.

“The issue of achieving greater market access in services has become politically difficult,” commerce secretary Rajeev Kher had said recently.

As far as banking cooperation is concerned, Indian banks such as ICICI and State Bank of India (SBI) have been trying to enter Singapore for several years now. However, banks operating in Singapore, one of the world’s largest financial hubs, are required to meet very high qualifying standards in order to do business there.

The qualifying standards in the form of Asset Management Ratio (AMR) is higher for Indian Banks compared to other international banks operating there such as BNP Paribas or Standard Chartered. The Monetary Authority of Singapore (MAS) has set the AMR on the domestic banking unit (DBU) at 70% for SBI and ICICI as against 35% for other foreign banks.

Despite this, India and Singapore's bilateral trade continues to grow by leaps and bounds, although the trade surplus is heavily tilted towards Singapore. The two-way trade between India and Singapore reached $19.4 billion in 2013-14 from $4.2 billion in 2003-04. Both sides have also agreed to work under a framework of ‘Five S’ in which the first focal area is scaling up trade and investment.

Besides, Singapore emerged as the topmost investor in India surpassing Mauritius. Foreign direct investment from Singapore into India reached almost $6 billion in 2013-14 compared to $4.85 billion from Mauritius.






<!-- Begin comScore Tag --> <noscript>&amp;lt;img src="http://b.scorecardresearch.com/p?c1=2&amp;amp;c2=8021726&amp;amp;cv=2.0&amp;amp;cj=1" /&amp;gt; </noscript> <!-- End comScore Tag -->
 

winnipegjets

Alfrescian (Inf)
Asset
The Singapore government, in its effort to reduce reliance on foreign workers, passed the ‘Employment Pass Framework’ in 2010 under which the foreign share of the total workforce has to be brought down to around one-third by the companies located there, while encouraging employers to invest in productivity in return for incentives in the form of tax breaks.

However, India has argued that while Singapore has done this to address its own domestic concerns, it had committed a separate provision under CECA, exempting India from such a rule. The matter has taken a political colour now.

The Ah Nehs think that everyone has to kowtow to them and that they are special!

Guess which idiot minister agreed to this provision? At the end of the day, Pinky must be held accountable.
 

melzp

Alfrescian
Loyal
they hv all settled down long ago. Many hv married here too; hv kids here.
Too late now. Uncontrolled influx was 5 yrs ago.
 

eatshitndie

Alfrescian (Inf)
Asset
i have noticed that they are disappearing at lucky plaza as more bangla men pick them up and bring them somewhere else to bang. you can see from the pic bangla men are eyeing their pleasure pinay. :cool:
 

Attachments

  • image.jpg
    image.jpg
    787.3 KB · Views: 162

winnipegjets

Alfrescian (Inf)
Asset
i have noticed that they are disappearing at lucky plaza as more bangla men pick them up and bring them somewhere else to bang. you can see from the pic bangla men are eyeing their pleasure pinay. :cool:

Why doesn't bangla go look for Indian women? And why does the Pinoy women want the bangla? NUS should have academic study on these two questions.
 
Top