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In spite of the claims by the S'pore govt of the benefits of the India-S'pore Comprehensive Economic Cooperation Agreement (CECA), arguments against its benefits are all too real for the average S'porean. CECA has increased competition for jobs, particularly in the IT sector, with concerns about foreign professionals taking jobs away from locals. The increased competition for resources and influx of foreign workers has contributed to a higher cost of living in SG, impacting the average S'porean. The worry is that CECA leads to job losses in certain sectors as businesses relocate or outsource to India, citing concerns about lower labour costs.
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