Last week, I read a Straits Times article on “Government to boost pool of local finance experts”. Apparently, PM Lee was the guest-of-honour at the official opening of the Marina Bay Financial Centre (MBFC). Incidentally, I was at MBFC last month to meet up with Zane Lim from BullionStar Singapore. The office was indeed impressive and I thought that to be able to rent such expensive facility in the business hub, BullionStar must be doing quite well.

In the article, the government announced plans to groom more local talents in the finance sector. The goal is to build up a local core to fill up the specialists and leadership positions. The article did not specify details on how the government is going to implement this initiative and instead stated motherhood statements from the government. Apparently, this move came about after Acting Manpower Minister Tan Chuan-Jin announced in March that the government was tackling discrimination …