[moonrab]

"The Ministry of Manpower (MOM) released the figures on Sept 17 showing foreign-owned firms employ an outsized share of those who earned a gross monthly income of above $12,500 and fall into the top 10 per cent of the income distribution."

Moonrab thought the above is welcome news, without understanding the numbers.
reality is PRs earn more than Sporean through Sg history  as Govt data show



and minister reply.

SINGAPORE — Across the financial sector, the median monthly wage band for Singaporeans is S$6,000 to S$8,000, while that of permanent residents (PRs) and foreigners is S$8,000 to S$10,000, said Transport Minister Ong Ye Kung in Parliament on Friday (Sept 4).4 Sept 2020

This tread discussion highlights the impact of multinational corporations (MNCs) hiring Singaporeans at higher salaries compared to local small and medium enterprises (SMEs). 

It suggests that without the presence of foreign direct investment (FDI) and MNC investments, Singaporean salaries would be significantly lower, and unemployment rates could potentially increase.

That's is the message of my tread...get it?

In the current context, there is a growing trend among people over here to compare permanent residency (PR) holders hired by multinational corporations (MNCs). 

It is essential to acknowledge the fact that MNCs often require foreign personnel, particularly for their management expertise from their headquarters in their home countries. 
These highly skilled foreign individuals apply for PR in Singapore with the intention of working and residing in the country for an extended period.

By doing so, they contribute to the local economy by paying taxes and attracting more foreign direct investment (FDI) over time. What's is wrong with it?

With Singapore near negative birthrate, depending on local Singaporean, will never make it in the competition to attract FDI MNC.

After all, it is those successful PR whom will become our citizens, Singaporean, stated in the survey you shown over years....
Without them, our workforce and population will probably shrink in years to come.....😊