Tag: Foreign Investment

$5.5 billion moved from HK to Singapore since protests began—Bloomberg report

Singapore— A recent report from media company Bloomberg has said that the amount Singapore stands to potentially benefit from the protests in Hong Kong over the last seventeen weeks is over five billion dollars (US$4 billion). Bloomberg was quoting the higher end of an estimate...

Maids have dreams, don’t destroy them

Rebecca Bustamante was 19 when she came to Singapore. Her story started like those of the domestic helpers featured in The Sunday Times last week. They worked as maids in Singapore, while taking up courses during their days off. But she was exceptional. Today, turning 48...

Cleaners: Majority are locals with low wages

Will the progressive wage model (PWM) and mandatory licensing of cleaning firms make any difference remains to be seen IT'S often said that Singapore needs foreign workers to build and clean its streets as not many locals are willing to take up these jobs. While...

Bonsai Nation: Will Singapore matter when China becomes No. 1?

By Bob Tan “Singapore is a bonsai in China’s image – a miniature doppleganger similar in all respects save size.” -China is to be studied, not feared 1 (July 17 2010) There are few uplifting conclusions to draw upon when one is compared to a bonsai. A...