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Another interesting link: http://asiasentinel.com/index.php?option=com_content&task=view&id=1549&Itemid=233
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The Lee Ah Kong have to take care of his kakis lah.
So, they even dun dare to ask the people to reduce the salary now cos they cannot do it themselves.
Just look at the Lee Ah Long's speech today, two party system cannot work.
Come on, we already have three parties liao.
He think he can do what the Ah Kong can do ?
Go home and look at the pinkie mirror.
You did not lock the door when the wolf bond is knocking at the door.
The suffering of the people is mainly caused by your greed and your ignorance.
So, you are quite lucky that you still get your fat pay check and not suffered the fate of the Tak-Sin.
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...work for MNCs, (they love Singaporeans), trust me, Singaporeans work harder then even the Japanese, one MD of a Japanese financial services company told me that. Japanese work long hours but Singaporeans work damned hard.
I worked in Thailand and Malaysia, and compared to the amount of work the average worker does over there, Singaporeans are working worse than a bull in the fields... but under the rule of money grabbing despots, Singaporeans are in relative terms paid peanuts.
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I received news that citi bank will be next hit in sin after DBS just recently... and now, news of cutting so much employees... i think might snowball more... the banking and finance sector's in asia going to similar to 1930s recession...
Better keep our money safe and save for rainy days... I prefer to keep my extra cash in unconventional tools offshore with better banking environment and higher interest rates, like europe or even online ac, like paypal.
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i think the investment gp of Citibank(S) will be hardest Hit.
All investment unit of banks will start to retrench sooner or later.
After the latest backlash on DBS retrenchment announcement, all the other banks will be cautious and be tactful to accounce their retrenchment.
If anyone who feel surprise by NTUC Lim swee say reaction to DBS retrenchment, ever ask why? coz that a big slap in their MVC and AVC which they promote to help company the staff better weather the economy crisis. Look what happen?
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Originally posted by reyes:
i think the investment gp of Citibank(S) will be hardest Hit.
All investment unit of banks will start to retrench sooner or later.
After the latest backlash on DBS retrenchment announcement, all the other banks will be cautious and be tactful to accounce their retrenchment.
If anyone who feel surprise by NTUC Lim swee say reaction to DBS retrenchment, ever ask why? coz that a big slap in their MVC and AVC which they promote to help company the staff better weather the economy crisis. Look what happen?
I wonder what happen to those people who get retrenched. How are they going to find a new job?
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