THE INTELLIGENT SINGAPOREAN

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Archive for August 14th, 2006

News: Stock of US investment in Singapore takes a dive

Posted by inspir3d on August 14, 2006

The stock of US direct investments in Singapore plunged 16 per cent from the year before to US$48 billion in 2005.

The fall is the only decline anywhere in the Asia-Pacific region which, on the whole, saw US investments rise from US$362.8 billion to US$376.8 billion in book value terms.”

Wow. This is shocking news. Even for a person like me who is skeptical about the strategy of relying on foreign investment to sustain the economy, these are truly shocking statistics! One would be concerned with a 1-2% decline, but a 16% decline? And the only country in the Asia-Pacific region to experience it? If this trend continues, Singapore’s economy will have to place a premium on entrepreneurship, and place less emphasis on trying to get a safe and secure job at an MNC or GLC. This signals a structural shift in the economic centre of gravity from the Government and MNCs towards the hands of entrepreneurs and SMEs. I have asked Singapore Economist and Singapore Entrepreneurs to comment on the article, hope they do.

You can find the entire article at Business Times here, but for the benefit of those who have not got BT subscription I have cut and paste the article below Read the rest of this entry »

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Posted in Economics | 22 Comments »

Bored with Work?

Posted by inspir3d on August 14, 2006

Mr Wang gives our youths some well needed career advice …more (Mr Wang)

Posted in Uncategorized | Comments Off on Bored with Work?

Keeping public housing on life support

Posted by inspir3d on August 14, 2006

Samaryn explores the implications of the reverse mortgage recommendation to manage the housing needs of an aging population …more (Gecko)

Posted in Economics | Comments Off on Keeping public housing on life support

SM Goh Chok Tong: Benevolent Leader or Unwilling Candidate?

Posted by inspir3d on August 14, 2006

An indepth research piece on SM Goh’s career …more (Singapore Politics)

Posted in Politics | Comments Off on SM Goh Chok Tong: Benevolent Leader or Unwilling Candidate?

Do You Feel Happy, Singapore?

Posted by inspir3d on August 14, 2006

LCC compares the two recent happiness rankings and analyses happiness …more (Free Thinker)

Posted in Culture | Comments Off on Do You Feel Happy, Singapore?

Let’s Negotiate, So Say We All: Reflections

Posted by inspir3d on August 14, 2006

The government appears to have drawn a clear line between new and traditional media …more (Void Deck)

Posted in Media, New Media | Comments Off on Let’s Negotiate, So Say We All: Reflections