https://www.scmp.com/rss/329275/feed Inderjit Singh is a an entrepreneur and a former PAP MP. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Covid-19 made the world realise what many had long suspected. That countries around the globe had become dangerously overreliant on China as a manufacturing base. When China went into lockdown and its factories shut, supply chains and logistics were deeply disrupted and many countries suffered as their access to goods dropped drastically. In response, many nations have decided to bring manufacturing back to their shores. Herein lies an opportunity for Singapore. Boosting manufacturing’s... https://www.scmp.com/week-asia/opinion/article/3096531/chinese-manufacturings-coronavirus-crisis-gives-singapore?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3096531/chinese-manufacturings-coronavirus-crisis-gives-singapore?utm_source=rss_feed Sun, 09 Aug 2020 02:30:05 +0000 In 1817, the economist David Ricardo introduced the concept of comparative advantage in his book On the Principles of Political Economy and Taxation. Briefly stated, this is the theory that it is in countries’ best interests to trade with others by exporting the goods they have a relative advantage in producing cheaply, and importing from others the ones they don’t. For the past 200 years or so, the growth of the global trading system has provided a good illustration of this theory, with... https://www.scmp.com/week-asia/article/3089851/how-manufacturing-can-be-singapores-new-gold-rush?utm_source=rss_feed https://www.scmp.com/week-asia/article/3089851/how-manufacturing-can-be-singapores-new-gold-rush?utm_source=rss_feed Mon, 22 Jun 2020 01:00:25 +0000 The Covid-19 pandemic has forced economies into a tailspin, kicking off a long-drawn and painful downturn. We will soon start to see real, massive corporate and banking failures as well as individual bankruptcies that could last for the next two to three years. Singapore is saddled with long-term structural issues and short-term issues caused by the Covid-19 issue and the related panic it has created. The long-term issues the country already had will now create much bigger problems for companies... https://www.scmp.com/week-asia/opinion/article/3076483/coronavirus-singapore-must-take-aggressive-action-support-its?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3076483/coronavirus-singapore-must-take-aggressive-action-support-its?utm_source=rss_feed Tue, 24 Mar 2020 01:00:22 +0000 There has been much debate about the new laws Singapore is introducing to curb deliberate online falsehoods, which can cause much harm and chaos. Technology and social media companies have shown they cannot act expeditiously to prevent harm caused by fake news, so the government’s move to introduce the Protection from Online Falsehoods and Manipulation Bill is timely. Public reaction however has been mixed, with concerns centred largely on the powers vested in ministers, the speed of appeal, the... https://www.scmp.com/week-asia/opinion/article/3008452/former-pap-mp-urges-singapore-government-take-world-lead-anti?utm_source=rss_feed https://www.scmp.com/week-asia/opinion/article/3008452/former-pap-mp-urges-singapore-government-take-world-lead-anti?utm_source=rss_feed Wed, 01 May 2019 10:18:48 +0000 This Sunday, a highly significant election will take place in Singapore quietly, when about 1,000 key members of the ruling People’s Action Party (PAP) meet to vote in a new central executive committee (CEC). The poll, held as part of the party’s biennial conference, comes ahead of an imminent leadership transition. The party’s secretary-general, Prime Minister Lee Hsien Loong, is in his 14th year in the top job and has said he will hand over the reins by 2022. The person most likely to take... https://www.scmp.com/news/asia/southeast-asia/article/2172456/whats-stake-singapore-ruling-partys-internal-elections?utm_source=rss_feed https://www.scmp.com/news/asia/southeast-asia/article/2172456/whats-stake-singapore-ruling-partys-internal-elections?utm_source=rss_feed Fri, 09 Nov 2018 09:30:15 +0000