[Philip Wen] My view of CECA: we created a paradise and gave it all away.

[Voldermort]

I often visited Mumbai- "the financial center of India" to introduce new products and hi-tech trading platforms to their team of "experts". Some of these offices do not even have air-conditioning with open windows and floor standing fans scattered everywhere! The entire trading department has only ONE Bloomberg terminal to be shared amongst the lot of them! In TATA head office, they still use rattan and school chairs and desks as office furniture! During certain periods of their hot season, they have frequent power outages causing their internet network to crash and we have to climb up 25 floors. They don't even have their own dedicated phone lines. PCs and trading platforms need to be shared- each with their different login passwords!! Please remember that this was the state of affairs in the early 2000s! Not in the 1960s or 70s!!

How can they possibly be considered "talented" when the infrastructure they have cannot even support daily work activities?

How can they be "talented" when the majority doesn't even meet a foreigner on a daily basis to discuss international trading activities and financial stuff?
How can they be "talented" when their Indian rupee is tightly controlled and not traded internationally?? With severe currency controls, their FX, Equities, Bonds, and Capital assets are not even traded internationally and are out of bounds to all except local Indians.

More at https://tinyurI.com/4ttv64pp

 

[laksaboy]

The ah nehs are supposedly IT wizards, and they do their jobs cheaply. And banking is increasingly intertwined with technology.

Obviously our technocrats saw some value in them.

 

[face the facts]

fucking cheebye pap let in all the cobras, we better start rearing some honey badgers

 

[A Singaporean]

Fuck PAP.

 

[Datingafter35]

Singaporeans. Won't do work without proper compensation and humans are only Singapore resources. How else can the economy work without cheap labour?

Unfortunately. Most sme are forced to hire Singaporeans under the context that the government will subsidies majority of the cost. I think. Don't quote me on this. Desktop Engineer. In my early days. Never exceed $1.5k. Unless you know network and routers.