The value of foreign talent

20 September 2002

The following article just shows how creative local talents are and sometimes we really wonder how much the foreign talents have stolen the thunder from the locals and robbed them of the precious opportunities to shine simply because they are non Singaporeans…

When UOB unveiled a surge in profit yesterday, it really makes one wonder if the so-called “foreign talents” who are paid highly are justifiable to enhancing shareholders’ values. As far as the local corporate scene is concerned, those companies who have or had “foreign CEOs”, mostly do not perform admirably.
DBS & OCBC saw a drop in profit, while NOL, ST Assembly & Chartered Semiconductor went into the red.


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