Temasek says it hires mostly - Singaporean staff
“About 60 per cent of our staff across our 11 offices in eight countries are Singaporeans”, said Temasek Holdings Private Limited is a Singaporean holding company, owned by the Government of Singapore.
In its Temasek Review 2020 report highlights, the commercial investment company revealed its staff composition proportion in a series of graphs....
“Temasek has its roots in Singapore, where there is no place for xenophobia, racism, or hate speech. The very birth of Singapore as an independent nation was founded on the ideals of meritocracy, regardless of race, language or religion. What matters most to us in Temasek, are the values, the integrity, and the character and capability of our people”, it added.
The above is quoted from www.theindependent.sg. This explanation by Temasek came about as a result of the recent furore over the massive influx of foreigners in Singapore and the increasingly clearer picture of many top jobs in govt and GLCs being filled by foreigners while many experienced Singaporean PMETs were laid off, became unemployed, retired, or underemployed. The trend also says that those Singaporeans aspiring to top management jobs are likely to lose them to foreigners.
The problem of unemployment is not only limited to the senior PMETs but also to fresh Singaporean graduates that have been discriminated and marginalised or just unable to find employment while foreigners are in charge and foreigners could walk into Singapore and landed a permanent job like a breeze.
Anger is rising with the increasing pain faced by Singaporeans, many felt betrayed and cheated by the policies of the govt and the practices of GLCs. Temasek felt the pressure when it was revealed that its top management has a high percentage of non Singaporeans and with Indians being singled out for criticism. And now this report to explain and justify what it is doing.
To Temasek, what it is doing is the best and good for Temasek and Singapore. The Singaporeans may have different views, and the share of Singaporeans in top management is a subjective and arbitrary number. Temasek is very happy with the composition and very likely the govt too. That is its prerogative and assessment. It is a matter of judgement and values and priorities and even personal preferences of the govt and those in charge in Temasek. The people may think otherwise and want it changed.
So, what can the people do about it if the govt and Temasek think they are right and this is the best for Singapore and Singaporeans? Nothing. The people have voted the govt into power and Temasek is an arm of the govt. The people have given the power and consent to the elected govt and the govt/Temasek will think and decide for them.
If the people are not happy with what they see, just do the necessary in the next GE. This is democracy at works. The people decide what is best for themselves through the govt they elected to serve them. Sure, for the moment when the die is cast, for the last two decades, the people at best can cry and scream and thump their chests about their unhappiness. But the ball is in the court of the govt and Temasek to do what they perceived as what the people want versus what they think is good for the country and people. The govt may change some of the policies to appease the anger of the people. The govt may not and continue to do as it pleases. And looking at the explanation of Temasek, they are doing the right thing and so don't expect any changes.
So, if nothing gonna change, change can only take place in the next GE. In the meantime, just gripe and show your anger and unhappiness o be heard or else the natural aristocrats would say no one is complaining, all is well or the people have accepted their fate. That's about what the people can do for now. And comes the next GE, if the people continues to vote the same govt to rule over them, to bring in more foreigners for top jobs, then so be it.
Stupidity has no cure. And it is best the people shut up and live with their choice and their own stupidity.
Read this piece by Anna Maria Romero (local, PR or new citizen or foreigner) in the Business Times.
The issue of the foreign workforce became a focal point in Parliament last week, pointed out an editorial in The Business Times (BT) on Wednesday, September 9.
And while the piece acknowledges that there are ‘grievances’ from, Singaporeans who have been displaced by foreigners in the job market, it asserts that, at this particular time, the country must remain “open to trade, investment, and talent from the rest of the world.”
What the article said is that Covid19 more serious, forget about the problems of foreigners in Singapore. Open the legs wider and let more foreigners in? The only thing positive about the article is that finally they are willing to acknowledge that 'Singaporeans (who) have been displaced by foreigners in
the job market' and no silly bugger stood up to ask for proof that this is so.
What do you think?