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Can attest this being not the case, unless you are a bank, and can hire gazillion of local barristers to keep up with frequently changing regulatory theatrics.
by baybal2 6y ago
Can attest this being not the case, unless you are a bank, and can hire gazillion of local barristers to keep up with frequently changing regulatory theatrics.
For example, labour laws are faaar from what people imagine of Singapores ultracapitalist image.
- rusk 6y agoI had a friend that worked there for a few years. He was all set to come home for a holiday and management waltzed in and just told everybody holidays were suspended. He still got to come home as he was something of a special case but it was a good story for us ... Also the legend of the bank who called a fire drill then revoked everyone’s security when they were out of the building and told them they were laid off ...
- baybal2 6y agoYes, fire at will is there, on the other hand you have quite potent wrongful termination lawsuits, and a number of hiring quotas which are often enforced. Singapore is probably the only country which would force a business to hire somebody with clinically severe mental development issues.
- ValentineC 6y ago> Singapore is probably the only country which would force a business to hire somebody with clinically severe mental development issues. On the other hand, mental conditions are heavily stigmatised in Singapore. No government-linked company (and Singapore's sovereign wealth fund has its fingers in most large and up-and-coming companies here) would hire someone on a career track if they have a diagnosed mental condition of some sort, anxiety and depression included. Public health insurance downplays the severity of most mental conditions, but the status quo seems to be slowly improving: https://www.tnp.sg/news/singapore/move-include-addictions-self-harm-under-medishield-life-praised https://www.tnp.sg/news/singapore/move-include-addictions-se...
- code_sloth 6y agoI actually have family there, and they have literally transitioned from near poverty to upper middle class in 2 decades. This was pretty widespreadc, but gradually becoming forgotten as the younger generations grow up in comforts that their precessors never knew. A lot of this is due to their education system. It can be outright propaganda at times, but it has proven very effective at increasing literacy nation wide. They've also made internet access an strategic initiative. When you marry a literate population with (generally, wink wink) free access to information and a seemingly draconian government, you get a very interesting bunch of people.