Firms must lead way in creating value: Heng - 0 views
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saahilsharma98 on 05 Nov 15Singapore is a robust economy with a sound political system and yet very fragile as it is very dependant upon global forces of wind. Politics in Singapore is almost like Board of Directors of Singapore Inc. The Scarcity of land, combined with high cost of living and ageing population & increasing the healthcare costs are real issues facing our country. The Economy is faced with tough global pressures, cheaper hubs of production in the neighbourhood. Singapore has to reinvent every few years. Value addition was the key in the past few years but now that is not enough. Value creation in the economy is the new need and our politicians know that and doing their best to drive strategic initatives to set up Innovation and Research hubs and also trying to become Startup Capital of the East.