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by  |  20-Sep-2015 11:01

Businesses are forced to pay into superannuation funds (Central Provident Fund or “CPF”) for locals but not for foreigners; at the lower end of the spectrum this can make locals upwards of 50% more expensive to hire (these CPF contributions are currently capped for salaries of ,000 and above). Anybody that is even remotely competent can file an application in less than 30 minutes for a fee either online or at any post office.

To pay a local around 00 net costs me about 00. These scam artists try to trick you into thinking that they are offering some added value or that your chances will be better if they fill out the simple application for you – don’t be fooled, you are perfectly capable of submitting your own applications for yourself or your prospective employees and appealing the decision if necessary!

I greatly enjoyed reading the Single Dude’s articles on the pros and cons of Singapore.

As a European business person I would like to expand a bit on the “Singaporean retardation” described in the cons article.

When I arrived in Singapore I was absolutely shocked at the almost unimaginable retardation of the local Singaporeans.

Given that Singapore is one of the wealthiest countries in the world and apparently has the highest number of millionaires per capita, I was expecting to find a mecca of high technology and efficiency but I was sorely disappointed.

It’s true the center of the city is full of modern looking buildings and is very clean but aside from that Singapore has much more in common with “third world” countries than it does with it’s very “first world” image.

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