Prof Cherian George cites market failure, political control, and poor management that led to SPH restructuring

Speaking at an online roundtable conversation on 22 May organised by Future of Singapore (FOSG) about the restructuring of Singapore Press Holdings (SPH) into a media trust and the media landscape in Singapore, Prof Cherian talked about the government’s refusal to acknowledge its part in the problem, the inability of SPH leadership to acknowledge their … Read more

Land and financing constraints hamper private sector’s growth, says Centennial Asia Advisors CEO Manu Bhaskaran

Small and medium-sized enterprises (SMEs) will need the right business ecosystem to thrive, but land and financing constraints hamper the private sector’s growth in Singapore, said Manu Bhaskaran, CEO of the Singapore-based research firm Centennial Asia Advisors. Mr Bhaskaran was among the panellists in the webinar titled, “The Future and Challenges to the Singapore Economy”, organised … Read more

S’pore should transform university campuses into incubation hubs for local enterprises, says veteran architect Tay Kheng Soon

Transforming university campuses into incubation hubs for local enterprises can be “a catalyst” for the new Singapore, as the campuses are based on “zero land cost”, said veteran architect and adjunct professor at the National University of Singapore (NUS) Tay Kheng Soon. Mr Tay was among the panellists in the webinar titled, “The Future and Challenges … Read more

S’pore needs local-based enterprises instead of MNCs which will move out, but they lack support from Govt, says SDP’s Alfred Tan

Local enterprises seem to be “unwelcomed” in their own home country, given the lack of support by the Government despite Singapore’s need for local-based enterprises when multinational corporations (MNCs) move out from the country, said entrepreneur and Singapore Democratic Party’s (SDP) member Alfred Tan. Mr Tan was among the panellists in the webinar titled, “The Future … Read more

Future of Singapore panellists highlight how Govt not doing enough to support local SMEs

Singapore’s small and medium-sized enterprises (SMEs) should be able to compete based on the “equivalent economies”, not based on the land pricing, said former People’s Action Party (PAP) Member of Parliament (MP) Inderjit Singh. Mr Singh was among the panellists in the webinar titled, “The Future and Challenges to the Singapore Economy”, organised by the Future … Read more

WP’s Yee Jenn Jong supports deregulation, says excessive competitions from GLCs affect SMEs’ growth

The excessive competitions from government-linked companies (GLCs) are affecting the growth of small and medium enterprises (SMEs) in Singapore, said the Workers’ Party (WP) politician Yee Jenn Jong, adding that private enterprises could be “better deregulated”. Mr Yee was among the panellists in the webinar titled, “The Future and Challenges to the Singapore Economy”, organised by … Read more

S’pore to learn from the Japanese economy, consider deregulation of private sector, says PSP’s Leong Mun Wai

If there is one thing that Singapore could learn from the Japanese economy, it is that the Government should “give enough leeway” to private enterprises by allowing “deregulation” of the private sector, said Progress Singapore Party (PSP) Non-Constituency Member of Parliament (NCMP) Leong Mun Wai. Mr Leong was among the panellists in the webinar titled, “The … Read more

Former PAP MP Inderjit Singh urges Govt to revive manufacturing sector as a prototyping hub

Given the global supply chain disruption and the overreliance of the world on China as a manufacturing base, it is about time that Singapore brings manufacturing back to 25 per cent of the economy, said international industrialist and former People’s Action Party (PAP) Member of Parliament (MP) Inderjit Singh. Mr Singh was among the panellists … Read more

S’pore should ‘buy over’ good foreign SMEs to partner local private sector, GLCs, says ex-GIC chief economist Yeoh Lam Keong

The Singapore Government should consider “taking stakes” or “buying over” good foreign small and medium-sized enterprises (SMEs) to partner with the local private sector and the government-linked companies (GLCs), given that many companies are now seeking capital amid the COVID-19 crisis, said former GIC chief economist Yeoh Lam Keong. Mr Yeoh was among the panellists … Read more