because the bollywood's audiences are coming in large number after 2011 election. The gate has opened.....
Singapore likely to hire 60k Indian pros in 2011
Mini Joseph Tejaswi, May 12, 2011, 07.37am IST
BANGALORE: Singapore has emerged as one of the worlds largest hiring markets this year,and this offers opportunities for Indians.
The country expects to hire over 3 lakh mid-to-senior level professionals in 2011.Hiring firms say over 20% of this talent around 60,000 people-will be from India,50% from within Singapore and the rest from other parts of the world.
Zubin Shroff,partner in executive search firm Braithwaite Steiner Pretty,said Singaporean firms requirement for talent had multiplied this year,with all markets in the region growing.This is creating opportunities for many Indian professionals from across industries.
Singapore is the regional headquarters for many American and European banks,financial institutions,manufacturing giants,oil and gas companies,large IT corporations,mining firms,healthcare and hospitality brands.These companies are now expanding rapidly in Singapore and across China,Indonesia,Malaysia,Hong Kong,Vietnam and Australia. Hiring firms say some 40% of the 3 lakh recruits will be placed in Singapore while the rest will go into other Asia Pacific regions.
Jayanthi Y,chairman of hiring firm AdAstra Consultants,who is in charge of talent acquisition for Apac,said,Singapore today offers a never-before opportunity for Indian talent.Its proximity is an attractive element,while salary is the biggest attraction.Professionals receive 4 to 5 times what they are paid in India.
Jobs are available particularly in banking,hospitality,technology,manufacturing,oil & gas,healthcare,mining and textiles.
Global executives are attracted to Singapore for its high quality of life,congestion-free traffic movement,its safety standards.For Indians,the three--hour flying time and Singapores assimilation of Indian culture are added attractions.Most companies operate out of economic zones where the maximum personal income tax is 15%.
http://articles.timesofindia.indiat...ian-professionals-firms-regional-headquarters
India presses Singapore to open up services sector
Amiti Sen & Souvik Sanyal, ET Bureau, Sep 25, 2010, 03.46am IST
Tags:Singapore|services sector
NEW DELHI: India has asked Singapore to open up more services to allow a greater number of Indian professionals access the island nation's cost accountancy and hospitality sectors. A comprehensive bilateral trade agreement between the two countries is being reviewed. "We want to take advantage of the second review to get more in services and are exploring all possibilities," a commerce department official told ET.
Besides requesting Singapore to take deeper commitments in medical, health-related and education services, India needs to ask for expanding the existing list of 127 occupations by which professionals are allowed entry into Singapore, pointed out Amit Mitra, secretary general, Ficci. "The additional list has to include chefs, physiotherapists, nurses, school teachers, nutritionists, professionals in entertainment and hospitality sectors," he said.
India has stepped up pressure on professional bodies from services sectors such as chartered accountancy and architecture to engage with their counterparts in Singapore to create conditions for implementing liberal rules already provided for in the bilateral pact entered into in 2005.
What is weighing on India's mind most is the inability of professional councils from both sides to take advantage of what has already been offered in the CECA. According to estimates made by industry body CII, services exports from India to Singapore has gone up by 143% in 2008 to $1.5 billion after the implementation of the CECA.
The potential of increasing services exports to Singapore is huge as the country's annual imports of services stands at around $80 billion. The second review of the Comprehensive Economic Cooperation Agreement or CECA started in May this year and is likely to continue for a year following which changes would be made to the existing agreement.
The CECA provides for mutual recognition agreements (MRAs) allowing professionals in nursing, dentistry, medicines, architecture and accountancy to practice in the other country purely on the basis of the qualifications acquired in the home country. Rules for finalising MRAs have not been framed as professionals in the respective sectors have not shown much initiative to take the process ahead.
http://articles.economictimes.india...rehensive-economic-cooperation-agreement-mras
Singapore likely to hire 60k Indian pros in 2011
Mini Joseph Tejaswi, May 12, 2011, 07.37am IST
BANGALORE: Singapore has emerged as one of the worlds largest hiring markets this year,and this offers opportunities for Indians.
The country expects to hire over 3 lakh mid-to-senior level professionals in 2011.Hiring firms say over 20% of this talent around 60,000 people-will be from India,50% from within Singapore and the rest from other parts of the world.
Zubin Shroff,partner in executive search firm Braithwaite Steiner Pretty,said Singaporean firms requirement for talent had multiplied this year,with all markets in the region growing.This is creating opportunities for many Indian professionals from across industries.
Singapore is the regional headquarters for many American and European banks,financial institutions,manufacturing giants,oil and gas companies,large IT corporations,mining firms,healthcare and hospitality brands.These companies are now expanding rapidly in Singapore and across China,Indonesia,Malaysia,Hong Kong,Vietnam and Australia. Hiring firms say some 40% of the 3 lakh recruits will be placed in Singapore while the rest will go into other Asia Pacific regions.
Jayanthi Y,chairman of hiring firm AdAstra Consultants,who is in charge of talent acquisition for Apac,said,Singapore today offers a never-before opportunity for Indian talent.Its proximity is an attractive element,while salary is the biggest attraction.Professionals receive 4 to 5 times what they are paid in India.
Jobs are available particularly in banking,hospitality,technology,manufacturing,oil & gas,healthcare,mining and textiles.
Global executives are attracted to Singapore for its high quality of life,congestion-free traffic movement,its safety standards.For Indians,the three--hour flying time and Singapores assimilation of Indian culture are added attractions.Most companies operate out of economic zones where the maximum personal income tax is 15%.
http://articles.timesofindia.indiat...ian-professionals-firms-regional-headquarters
India presses Singapore to open up services sector
Amiti Sen & Souvik Sanyal, ET Bureau, Sep 25, 2010, 03.46am IST
Tags:Singapore|services sector
NEW DELHI: India has asked Singapore to open up more services to allow a greater number of Indian professionals access the island nation's cost accountancy and hospitality sectors. A comprehensive bilateral trade agreement between the two countries is being reviewed. "We want to take advantage of the second review to get more in services and are exploring all possibilities," a commerce department official told ET.
Besides requesting Singapore to take deeper commitments in medical, health-related and education services, India needs to ask for expanding the existing list of 127 occupations by which professionals are allowed entry into Singapore, pointed out Amit Mitra, secretary general, Ficci. "The additional list has to include chefs, physiotherapists, nurses, school teachers, nutritionists, professionals in entertainment and hospitality sectors," he said.
India has stepped up pressure on professional bodies from services sectors such as chartered accountancy and architecture to engage with their counterparts in Singapore to create conditions for implementing liberal rules already provided for in the bilateral pact entered into in 2005.
What is weighing on India's mind most is the inability of professional councils from both sides to take advantage of what has already been offered in the CECA. According to estimates made by industry body CII, services exports from India to Singapore has gone up by 143% in 2008 to $1.5 billion after the implementation of the CECA.
The potential of increasing services exports to Singapore is huge as the country's annual imports of services stands at around $80 billion. The second review of the Comprehensive Economic Cooperation Agreement or CECA started in May this year and is likely to continue for a year following which changes would be made to the existing agreement.
The CECA provides for mutual recognition agreements (MRAs) allowing professionals in nursing, dentistry, medicines, architecture and accountancy to practice in the other country purely on the basis of the qualifications acquired in the home country. Rules for finalising MRAs have not been framed as professionals in the respective sectors have not shown much initiative to take the process ahead.
http://articles.economictimes.india...rehensive-economic-cooperation-agreement-mras
and even the economy growth or increase in GDP may not benefit any normal working class Taiwaneses.
