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[h=2]Are You Sure DPM You Got It Right About SME?[/h]
October 13th, 2012 |
Author: Contributions
“However, DPM Teo warned that SMEs are facing an increasing shortage of manpower and it could affect their survivability. And if SMEs fail, Singaporeans’ jobs will be at risk.”
SME have been failing donkey years ago, nothing new, as many SME were in fact voicing their concerns, but, PAP paid a deaf year.
Look around you DPM, Most SME are in retail or service industry, hardly many in manufacturing, so if GLC, GIC, go into these service sectors to compete with them what can SME do. While GIC and GLC, may have quotas for foreigners to make for shortages of manpower, SME could match the quotas implemented on them. Is this Fair play?
He said,
You are squeezing them of the levies that MOM charges,and your very levies have dropped considerably. Can you please provide facts and figures levies collected from the second quarter of 2012, when levies went sky high.
Of course they will close shop, but, going abroad that is absolutely nonsense.
Ironically, if those inefficient SMEs were allowed to close shop, perhaps resources can be freed up and utilized by the better and more efficient SMEs since Mr Teo said there are currently manpower shortages in the industries. Also for those SMEs who need to set themselves up in cheap 3rd world countries in order to survive, perhaps they shouldn’t be setting up shops in Singapore in the first place for their kind of industries.
Can you provide real statistics, the numbers in play. What was allowed before curtailment and what was not allowed After curtailment. We need figures not talk only.
Would anyone believe this? Please tell it to the marines.
.
Dead Horse
.



Look around you DPM, Most SME are in retail or service industry, hardly many in manufacturing, so if GLC, GIC, go into these service sectors to compete with them what can SME do. While GIC and GLC, may have quotas for foreigners to make for shortages of manpower, SME could match the quotas implemented on them. Is this Fair play?
“Mr Teo said that survey from the Association of Small and Medium Enterprises showed that 8 in 10 companies are currently facing manpower shortages, with 3 in 10 even looking to move overseas in order to survive.”
Cannot survive here , will a SME businessman move overseas? Please provide facts and figures to support you claim.
He said,
“This is a serious matter because our SMEs employ 70% of our workforce.”
In fact SME is the very backbone of the whole infrastructure of the economy, not GIC or GLC, only now you know it. Is this not undermining your position as a DPM.
“We have to be mindful that many of our SME owners are Singaporeans too. Many of the workers are Singaporeans. If we squeeze too hard, they will lose their jobs too if (the SMEs) move abroad or close down.”
DPM, you sleeping or what? Many SME are right now run by PRC and India nationals, many of their workers are their own kind.Singaporeans only a bunch, please open your eyes and ears and not be deaf can.
You are squeezing them of the levies that MOM charges,and your very levies have dropped considerably. Can you please provide facts and figures levies collected from the second quarter of 2012, when levies went sky high.
Of course they will close shop, but, going abroad that is absolutely nonsense.
Ironically, if those inefficient SMEs were allowed to close shop, perhaps resources can be freed up and utilized by the better and more efficient SMEs since Mr Teo said there are currently manpower shortages in the industries. Also for those SMEs who need to set themselves up in cheap 3rd world countries in order to survive, perhaps they shouldn’t be setting up shops in Singapore in the first place for their kind of industries.
During the dialogue, Mr Teo spent time explaining the need for foreign workers.
While the latest population statistics show a rise in the absolute number of foreign workers, Mr Teo reminded people that the growth of foreign manpower has actually slowed down.
Can you provide real statistics, the numbers in play. What was allowed before curtailment and what was not allowed After curtailment. We need figures not talk only.
“He even told the audience a story about how some SME workers went to see him during a Meet-the-People-Session, pleading with him to allow their bosses to bring in more foreign workers.”
“Why is (the SME worker) interested?” Mr Teo asked. “Because his job is on the line.”
Would anyone believe this? Please tell it to the marines.
“Still, he assured the audience that the Govt had not “gone crazy” to take in just about any foreigners. It would continue to moderate the in flow.”
DPM, the government had gone crazy and everyone knows.
.
Dead Horse
.