by Ho Li wen (Westwoodss) 2 years ago
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Weaken SG's defence because chances of external attacks will increase because we are seen as an easy target
More unrest and insecurities in the nation
in the future, there will be less working people
Fewer people to tax, Therefore taxes will increase for existing people
Government revenue will be affected, economy will be affected
Smaller pool of labour + labour cost will be higher
Higher cost of operation + lower profits
Consumer market is too small
Less profit for businesses because lesser people buying their products as compare to countries with bigger populations
Singapore : 5.4 million
China : 1.4 billion
To meet Singapore's manpower needs
new policy focuses on higher-skilled foreign workforce to support a knowledge base economy
help strengthen Singapore's economy
help bring money for country
There is more working opportunities overseas for better life
Singaporeans and governments
for allowing too many foreigners to come in into the country
Singaporeans and foreigners
For allowing too many foreigners to come into the country
Singaporeans feel threatened because they feel like they are no longer prioritised
Feel that foreigners are competing with their opportunities and resources
Easier entry requirement
Attractive education pakages
Subsidised housing
Easiest place to do business
eased property registration
by improving its computerised system
Having forms for construction permits
new workplace safety and healthcare regulations can also be submitted online
Simplifies the process of setting up business
by registering for taxes using the same online form
By making it easy to establish a company
Hassle-free way in which administrative matters are handled
Best investment potential
Most favourable operating conditions and strong diplomatic ties
No restrictions on the flow of capital for business
Singapore ranked 1 out of 50 countries
Stable political and economic climate creates an ideal environment for investments
Least corruption in Asia
Strict laws and legislation imposed on business transactions ensure that corruption is kept to a minimum
international students add to the diversity in schools through sharing and learning
Become a well-known hub for quality education
Teriary institutions offer a wide variety of courses and high standards of certification
Public schools accept international students
Well-recognised, effective and high standards
Many ethnic communities gather in certain districts to strengthen ties
immigrant communities bring with them distinct national identities to Singapore
e.g. ethnic practices unique to their countries of origin
Foreigners and supporting communities thrive in this environment
Low crime rate and laws that protect individuals and their properties indicate level of safety
which benefits business and citizens