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Bigfuck angmor CEO not happy his PR application rejected. Now want to leave!
- Thread starter Rogue Trader
- Start date
peesai should have remained a fishing village, everybody shake legs, scratch balls and tell each other cock n bull stories.......lol
Maybe if this angmo fucktard volunteered to do NS, he would have been given the PR
Crypto CEO denied Singapore PR mulls relocating
BloombergSat, 19 October 2024 at 10:45 am SGT·3-min read
ICA said it can’t comment on the reasons for approval or rejection of individual applications. (Photographer: Edwin Koo/Bloomberg)
By Suvashree Ghosh
(Bloomberg) – Singapore’s push to foster a digital-asset hub jumped back into the spotlight this week when Nansen chief executive officer Alex Svanevik revealed his application for permanent residence there had been rejected.
Svanevik announced the development on X on Monday, writing: “$88m capital raised, 25+ jobs created, 1 child born. Guess it wasn’t enough. Where to move next?” The post quickly became viral, garnering 2.7 million views to date.
The interest in the post signals immigration and the outlook for the crypto sector remain hot-button topics. Many nations are trying to balance the need for foreign talent against local constraints such as affordable housing. Meanwhile, Singapore is vying with the likes of Hong Kong and Dubai to woo digital-asset firms in case blockchain technology revamps the way finance works.
‘Genuine Curiosity’
“The reason I wrote the tweet was out of genuine curiosity on what it takes to become a PR,” Svanevik, who hails from Norway and moved to Singapore in 2021, said in an interview. Nansen, which provides blockchain analytics to investors, is based in the city-state.
Svanevik said he intends to continue in Singapore on an employment pass and has no immediate plans to relocate, but added that “it’s become clear that to stay here permanently has come into question based on the experience I’ve been through as part of the PR process.”
As to whether Nansen would move headquarters too, Svanevik said “it’s natural to consider that” but added “there’s no concrete plan of actually moving elsewhere.”
A spokesperson for the city-state’s Immigration and Checkpoints Authority said it can’t comment on the reasons for approval or rejection of individual applications for permanent residence. A spokesperson at the Singapore Economic Development Board declined to comment on whether Svanevik’s example has any impact on the perception of the island as a crypto hub.
Crypto Pivot
Singapore was stung by blowups in 2022 stemming from unfettered crypto speculation and has since reshaped regulations to spur productive uses of blockchain technology, such as for payments or making illiquid assets easier to trade. An array of digital-asset companies have been drawn to the city-state.
By Thursday, Svanevik posted on LinkedIn to express surprise about the level of interest in his announcement that his permanent residence application had been rejected. He wrote that he loves Singapore and described it as a “fantastic” place to live. He also said his wife is a permanent resident and that his daughter is on a dependent’s pass, adding “we have started exploring alternatives, which we likely wouldn’t have done had I gotten the PR.”
As of June this year, Singapore’s population stood at about 6 million. Some 60% were citizens, 31% were non-residents – mostly on employment and other passes – and the rest were permanent residents, according to official figures.
The government stresses that its policies continue to attract global talent and that Singapore is recognised internationally as one of the most alluring cities in the world for skilled workers. At the same time, some commentators have argued that, starting with the 2011 general elections, Singaporean voters have indicated a preference for fewer foreigners in their midst.
More stories like this are available on bloomberg.com
©2024 Bloomberg L.P.
Wife can still rescind her Singaporeans citizenship if her husband eventually emigrated with their child. As simple as that. I believed our government has now realised many PR, made million capital gains thru selling HDB, or rent out HDB to retire comfortably in their own country and still refused to become a Singapore citizens. Creating 25 jobs in Singapore does not mean they all went to Singaporean. I believed the Govt is aware of the data but refused to publish it.
As such, those people who sympathize with the rejected applicant fails to grasp the gravity of the situation Singaporeans were facing.
As such, those people who sympathize with the rejected applicant fails to grasp the gravity of the situation Singaporeans were facing.
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25 future locals.
Sinkapore's push to be the tech capital hub is attracting many conjob start ups. Just look at this guy's company - "Nansen, which provides blockchain analytics to investors" - clearly a dodgy company built upon the dodgier crypto investment industry. The whole crypto scam is already unravelling and it will soon become worthless.
The last high profile scam which is not talked about enough was this game studio which quickly folded up despite collecting $$$ from gamers:
Singapore-based studio Fntastic shuts down 5 days after disastrous video game launch
Gamers worldwide paid US$39 for an early access copy of The Day Before.
The Day Before was promised to be an open-world massive multiplayer online game, but failed to live up to its claim. (Screengrab: Facebook/Mytona)
Listen to this article
3 min
Suen Wai Kit
13 Dec 2023 01:02PM(Updated: 13 Dec 2023 02:18PM)SINGAPORE: Singapore-based video game studio Fntastic announced its closure on Tuesday (Dec 12), just five days after the launch of its highly-anticipated game The Day Before flopped.
"Today, we announce the closure of Fntastic studio," the company, which was created in Russia and headquartered in Singapore, said in a statement on X, formerly known as Twitter.
"Unfortunately, The Day Before has failed financially, and we lack the funds to continue. All income received is being used to pay off debts to our partners.
“We apologise if we didn't meet your expectations. We did everything within our power, but unfortunately, we miscalculated our capabilities.”
An open-world post-apocalyptic survival massively multiplayer online game (MMO), The Day Before was originally set to release in June 2022 before being delayed.
It was still among digital distribution service Steam's most wishlisted games - several trailers served to build up the hype - only to receive overwhelmingly negative reviews on launch day, with users reporting of game-breaking bugs, crashes, poor performance and multiplayer server issues.
According to Steam's most played statistics, the game had over 38,000 concurrent players on Dec 7, but that figure dwindled to just over 3,000 across four days, becoming one of the 10 worst-reviewed games of all time on the platform.
Gamers who had paid the early-access price of US$39 were left angered, with many users demanding a refund after the game failed to live up to its promises. A tweet by Fntastic, calling The Day Before "our first big experience" and that "shit happens" only stoked further criticism.
"Unbelievable that you guys hyped this game up so much and this is the end result," a user on X said. "You guys are an absolute disgrace to the video game industry."
xQc, who is one of the most popular streamers on gaming site Twitch with over 10 million followers, lambasted the game as "flat-out deceiving", saying on a recent Twitch stream that The Day Before is "not an MMO, not an open world".
Users on Reddit also labelled the game as an "abomination" and called for a boycott.
In response to the criticism, Fntastic said that it is "important to note" that we did not take any money from the public during the development of The Day Before and that its team had "worked tirelessly for five years, pouring our blood, sweat, and tears into the game”.
The Day Before’s publisher Mytona posted a statement on X on Tuesday, saying that it was “sorry for the fact that the game didn’t meet the expectations of the majority of the players”.
“Today we will work with Steam to open up refunds for any players who choose to make a refund.”
Fntastic has since shut down its website and several of its social media accounts, including its YouTube channel and LinkedIn page.
The game is still listed on Steam, but is no longer purchasable.
Source: CNA/Agencies/wk(sn)
Cos he did all these for Singapore without benefitting himself right? 
lol Knn I always cringe when I hear bullshit like that. Even the nurses, paramedics, teachers and other so called noble careers. Every and each of these fuckers got paid and some very well at that.
The only group i will give a lot of credit to are social workers. Some probably get paid a token amount to do a lot of shit.
lol Knn I always cringe when I hear bullshit like that. Even the nurses, paramedics, teachers and other so called noble careers. Every and each of these fuckers got paid and some very well at that.
The only group i will give a lot of credit to are social workers. Some probably get paid a token amount to do a lot of shit.
Notice that no names have been named.
The people behind this company could still be in Sinkieland cooking up their next scam.. LOL!
He must be a real piece of shit if he can’t even get PR here. I’ve seen PRC waitresses get SG PR like it’s a piece of menu. Prob more than what meets the eye. Only he himself knows what monkey shit he was doing. Haha
No happy can fuck off
We need one more PR in Singapore as much as we need a cancer tumor.
Social workers for who? There is a thin line between genuine social workers and being a crony with clear intent to get PR status or citizenship.
He is not CECA member?
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