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Little information packets about Singapore


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Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Friday, October 31, 2008

The exception

From the article, At this rate the world’s financial architecture will have been remade before November 15th, by Brad Setser in Counciloil Foreign Relations.

First, all the countries that got access to the Fed’s swap lines are US allies, and all except Singapore are democracies. Russia may be part of the G-8 but it is outside of this club.

Find Singapore here.

Wednesday, October 8, 2008

Just by pragmatism and reason isn't so bad.

This is from the article, Lessons on governance from Singapore, by James Shikwati in Business Daily.

The biggest lesson from Singapore is that they do not simply copy and paste policies – the country is run on the basis of pragmatism and reason!

Find Singapore here.

Thursday, August 14, 2008

Still a model?

This is from the article, China Sees Singapore As a Model for Progress, by Nicholas D. Kristor in The New York Times in 1992.

One of the most illuminating statements he [Mr. Deng, Xiaoping] made was this: Singapore's social order is rather good. Its leaders exercise strict management. We should learn from their experience, and we should do a better job than they do.

Find Singapore here.

Monday, June 23, 2008

Average is no longer average

This is from the AFP article, Singapore: Asia's Switzerland for millionaires.

The tiny, tropical island-state, Southeast Asia's most advanced economy, has emerged as a centre for the wealth management industry which caters to an elite breed called high net worth individuals, or HNWIs.

Find Singapore here.

Sunday, June 22, 2008

"Smart" may be truly stupid

This is from the article, Singapore Medicine, in the blog Stupid Malaysia.

Singapore has not only positioned itself as a financial capital, leading innovator in the arms industry, petroleum processing centre, biotechnological centre. It has now almost emerged as a medical hub. Providing unsurpassed medical treatment and care to well paying patients either from countries where medical treatment are prohibitive and countries in which expertise are lacking.

Find Singapore here.

Thursday, June 12, 2008

Competitors from India coming

This is from the article, Mumbai improves ranking in attracting foreign investment, in The Economic Times.

In terms of overall ranking, Mumbai has been placed at 48th spot with London retaining the top slot as the global economy's most influential city, it said.

In addition to London, top five positions are occupied by New York, Tokyo, Singapore and Chicago.

Find Singapore here.

Tuesday, June 10, 2008

Different numbers increase at different rates

This is from the article, Health care - another embarassing (but inspiring) Singapore comparison, in Stephenfranks.co.nz by Stephen Franks about the Healthcare Systems.

When I first visited Singapore, from recollection their per capita incomes were about half ours. Now they earn an average US$4500 more per capita. They spend in total on health US$ 1,140 per person, about half what we spend.

Find Singapore here.

Wednesday, June 4, 2008

Wish Rwanda great success

This is from the article, Rwanda Strives to Become High Technology Hub for Africa, in Voice of America by Cathy Majtenyi
Kigali about Rwanda transformation into "the Singapore of Africa".

"We are trying to be the hub within this continent. We are trying to be a services hub, we are trying to be a point of reference for the other countries on the continent in terms of how a third-world country can take itself from the state that most people in the world know Rwanda was in 1994, to a middle-income status country by the year 2020. That really is what Singapore has done," Nyirishema said.

Find Singapore here.

Wednesday, April 30, 2008

Tiny physically, but not so in certain areas

This is from the article, Intellectual Property & Development, in Latin Business Chronicle by John Murphy.

Though Singapore is a tiny country compared to India, it has managed to attract four times as much direct investment from around the globe — about $200 billion — much of it in high-wage sectors that are reliant on intellectual property. Consider these examples:

* Lucasfilm Animation, owned by George Lucas, the creator of the Star Wars films, opened its only digital animation studio outside the United States in Singapore in 2005.
* BMW recently set up its first design studio outside Germany or the United States — in Singapore.
* Pfizer recently opened a $600 million manufacturing facility in Singapore.

Find Singapore here.

Thursday, March 27, 2008

Investments by global companies

This is from the article, Are product patents anti-consumer?, by Business Standard Reporter in New Delhi.

India is the second-largest talent pool in the world. Yet, investments by global companies continue to gravitate to China, Hong Kong and Singapore. India received $8 billion in FDI last year as against China's $63 billion!

Find Singapore here.

Tuesday, March 25, 2008

A once collapsing company here helped somewhere else

This is from the article, Nigeria: Grappling With Jigawa, in allAfrica.com by Ibrahim Sheme about Governor Sule Lamido of Jigawa State inherited what he calls a failed state.

In Kazaure, we are owing Informatics of Singapore, they were just on the verge of collapsing when I came.

Find Singapore here.

Friday, March 21, 2008

In the middle of an outsource chain

This is from the article, Affymetrix to outsource jobs to Singapore, By Kirsty Barnes in Outsourcing-Pharma.com.

Singapore has established itself as a popular destination for pharma and biopharmaceutical firms in terms of manufacturing, boasting a number of top companies on it shores, who are lured by its Asia-Pacific proximity, lower cost base compared to the west, and reputation for high quality output.

Find Singapore here.

Friday, March 14, 2008

We still don't think we are good enough

This is from the article, Ghana: People Just Like U.S. Have Gone to the Moon, in the Ghanaian Chronicle (Accra) by Appiah Kusi Adomako about Ghana's slow development rate.

Our contemporaries such as India, Pakistan, Malaysia and Singapore have become technological giants.

Find Singapore here.

Thursday, March 6, 2008

Hot but not yet boiling

This is from the article, Singapore ranked top Reit market in Asia-Pacific, in lushhomemedia.com sourced from Business Times about REIT markets.

The findings also showed that China, India and Vietnam are ranked as the top three hot property growth markets in Asia-Pacific for the next five years. Singapore, which ranked fourth, was the highest placed established Reit market. Good growth is also expected in Malaysia.

Find Singapore here.

Wednesday, March 5, 2008

It would be nice to have in par neighbour

This is from the article, Selangor vs. Singapore, in Elizabeth Wong blog by Benjamin Tan.

... Selangor Menteri Besar Mohd Khir Toyo recently commented that Selangor is in a position to compete with our southern neighbour, Singapore. He said that in a few years times, the country’s so-called ‘most developed state’ would be in par with the city state of Singapore.

Find Singapore here.

A benchmarked hub

This is from the article, New airport set to make Hyderabad a key hub, in Thaindian news.

"We have benchmarked the airport with the best in the world. In the landscape it is benchmarked with Singapore and in operations with Munich Airport,” he said.

"Why people prefer Dubai and Singapore is because there is connectivity to all the destinations and we hope that this facility will make Hyderabad the new hub because the flying time to the city from all destinations in India except Delhi is one hour and to Middle East and South East Asia three to five hours,” he said.

Find Singapore here.

Sunday, March 2, 2008

No raw fuel here

This is from the article, Bunker Race - Sri Lanka CPC to link with GAC for bunkering, in Lanka Business Online.

Bunker prices in Colombo are high because of limited supply and the need to ship the fuel from overseas, mainly Singapore.

Find Singapore here.

Tourists from everywhere are welcome here

This is from the article, Chennai on Singapore Tourism Board's radar, in Chennai Online.

With more than 90,000 tourists from Chennai visiting Singapore last year, the city has become the latter's largest market in South India, and the second behind Mumbai in the country, a Tourism executive said.

Find Singapore here.

Saturday, March 1, 2008

Shopping around

This is from the article, NYC Shops Cater to Euro-Toting Tourists, by Eva Woo in BusinessWeek in relation to the recent decline of USD.

For economists, the tourism boom also drives home the broader forces at work behind the dollar's decline. Those same forces have led to a surge in foreign investment in the U.S. Big financial houses such as Citigroup (C) and Merrill Lynch (MER) recently raised billions from government funds in Kuwait, Singapore, Korea, and elsewhere. Foreign purchases of U.S. assets last year set a record of $405.7 billion, according to Thomson Financial (TOC), up 92% from $210.9 billion in 2006. The dollar's decline is "part of a broader adjustment needed to bring the U.S.'s trade deficit down," says Brad Setser, an international economics researcher at the Council on Foreign Relations.

Find Singapore here.

Friday, February 29, 2008

Don't want, or don't need to subsidize?

This is from the article, BN not cobbled together for political expediency, in The New Straits Times Online by Hardev Kaur about the coming election in Malaysia.

The world trade talks under the auspices of the World Trade Organisation are stalled, if not dead. Protectionist sentiments are on the rise; so, too, inflation pressures. In Singapore, consumer prices are at their highest since 1982. In other countries in the region - Thailand and Indonesia - they are at a multi-year high and prices are rising faster than interest rates.

Malaysia, which is one of the most open economies and highly dependent on trade, has been able to stand up well. Government policies and subsidies have cushioned much of the price rises. The government spends some RM81 billion on various subsidies, including food and fuel.

Find Singapore here.