[forum456]

Old and expensive replacement phenomenon happens in most countries and companies. Cost factor for P&L.

CECA or any other races foreigners is similar in Singapore. They are in demand by the MNC investors. 

The MNC investors will not come to Singapore, if they cannot fulfill theirs human resources planning. 
Singaporean cannot find good paying jobs too.

Most of our youngs with good salary job are from MNC.

you are 100% wrong.
I suspect you are not citizen.
you are either PR or foreigner.

Most countries will retrench the old citizens and replace with young citizens.

Only Singapore will retrench the old citizens and replace with young foreigners/PR.

Only Singapore will replace citizens with foreigners/PR.
Most countries do not replace citizens with foreigners/PR.