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aymanchesterunited?ifyoudid,youwouldhaveagoodideaofthebiggapbetweenourstandardsandinternationalstandards.teamsingaporeplayedwellbutitwasnomatchformanubecausemanuwasreallyaninternationalandnotabritishteam.mahbowtantoldmethatabouthalfthemanuteamwerenon-british.headdedthatmanuwasonlyplayingathalfpace.otherwise,thescorelinemightwellhavebeen16-l!

arecentarticlebythenewaper,"theaustralian",commentedhowcorporatesingaporewascontrolledtightlybyasmallgroupofpeople.thesamefewsingaporeaareontheboardsofmanycompaniesandgovernmentstatutoryboards.

thejournalistdidnotknowtherealreason.thetruthis,wedonothaveenoughcorporatetalenttodrawon.hence,somanydemandingjofallontheshouldersofthesamefewpeople.

wehavegoodlocaltalent,butweneedtotopitupwithglobaltalent.

othersarerecruitingtalenttoo

wearenottheonlyonestohaveconcludedthatglobaltalentiseential.

australiarecentlyenlargeditsimmigrationprogrammetobringinabout45,000skilledmigrantsayear.andjapanisfinalisingablueprinttoimportatleast30,000itprofeionalsinthenextfiveyears.

theuseconomyhasdoneimmeelywellbecauseitenjoysa"braingain"yearafteryear.

forexample,onequarterofthecompaniesinsiliconvalleyarecreatedbyorledbyindianandchineseimmigrants.also,since1945,theushaswon60(228)ofallthenobelprizesineconomicsandthesciences.atleast30oftheseeconomistsandscientistswerebornoutsidetheus.

attractingmulti-nationaltalent

thatiswhywehavetobringinmulti-nationaltalent,likethewaywebroughtinmncs.

likemncs,multi-nationaltalent,ormnts,willbringinnewexpertise,freshideasandglobalcoectioandperectives.ibelievethattheywillproducelastingbenefitsforsingapore.

thecompetitionformntsisintee.justasweuseincentivestoattractmncs,wemayneedtocoiderecialmeasurestoattractmnts.

retainingsingaporetalent

butthewarfortalentisnotjustaboutattractingforeigners.retainingourowntalentisgoingtoproveabigchallenge.brightsingaporeaarebeingharvestedbyothersevenbeforetheygraduate.

yeocheowtongtoldmethatjpmorgan,al

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