On Level Playing Field
Due to confidence in the market environment, influx of foreign funds and favourable investment conditions, our local growth has never been so good.
It’s tick for tack now as the FTs and FWs are crying foul. They are here because of the higher exchange rate compare to their home currencies. They are able to enjoy the sudden newfound creation of jobs for them.
Previously, if the locals were not willing to accept the level of pay as dictated by the employers, they were told that another FTs or FWs can be easily replaced them. Once they are settled down, it suddenly dawned upon them that the things are not so cheap like their home countries.
If they live here like the locals, then they are spending at the current local rates. The lack of foresight by these FTs and FWs. Pure economic sense! Enough said…
Due to confidence in the market environment, influx of foreign funds and favourable investment conditions, our local growth has never been so good.
It’s tick for tack now as the FTs and FWs are crying foul. They are here because of the higher exchange rate compare to their home currencies. They are able to enjoy the sudden newfound creation of jobs for them.
Previously, if the locals were not willing to accept the level of pay as dictated by the employers, they were told that another FTs or FWs can be easily replaced them. Once they are settled down, it suddenly dawned upon them that the things are not so cheap like their home countries.
If they live here like the locals, then they are spending at the current local rates. The lack of foresight by these FTs and FWs. Pure economic sense! Enough said…
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