Money is coming, oh no!

This is from the article, Singapore's star rises as Switzerland stumbles, by Neil Chatterjee and John O'Donnell in the International Herald Tribune.

Singapore Prime Minister Lee Hsien Loong said this month such scrutiny in the West could lead to more European money flowing into the country, a hot talking point in the industry.
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But European cash comes with the risk that Singapore too could be targeted in the crackdown on tax havens. "I expect Singapore to come under pressure, too," Prime Minister Lee said.

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In general, are corporates better run than nations?

This is from the article, Final Thoughts on Singapore, in Everything Everywhere blog by Gary Arndt after his second visit to Singapore.

One of the things I came away with was how Singapore, while a country, is run almost like a corporation.

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Talents, an important resource

This is from the article, Southern Africa: SADC Integration Key to Skills Flow, in AllAfrica.com by Anthony Jongwe Harare.

Successful economies have long understood the nexus between the strength of their human resource base and the level of development that can be achieved. This explains why countries without any significant natural resources other than human capital have achieved high levels of development. A case in point would be Singapore and Japan, which saw the long-term wisdom in investing heavily in their human capital and translate such investments into economic success.

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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.

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An approach to tackle manpower shortage

This is from the article, Robot arms race seen underway, where an expert calls for international discussion on robotic weapons.

Sev­er­al na­tions are de­vel­op­ing ro­bot weapons, with the Un­ited States in the lead, ...

Can­a­da, South Ko­rea, South Af­ri­ca, Sin­ga­pore, Is­ra­el, Chi­na, some Euro­pean coun­tries, Rus­sia and In­dia are al­so get­ting in on the ro­bot-weapons act, Sharkey added, with these last two de­vel­op­ing un­manned aer­i­al com­bat ve­hi­cles.

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