You need to be seriously retarded and spastic not to make a great living in Singapore. Unfortunately, some Singaporeans are, the likes of Makapa and Hakka Tiu
Singapore receives high praise for its business modelBy 938 LIVE | Posted: 23 August 2008 1408 hrs
SINGAPORE: Analysts reviewing Singapore's plan to boost its economy said the country is well on its way to meeting the goals of a free and open trade and investment climate by 2010.
These goals, termed the Bogor goals, were set by the Asia-Pacific Economic Cooperation (APEC) members in 1994 when they met in Bogor, Indonesia.
Since then, each of APEC's 21 member economies is required to undergo periodic analysis of its progress in realising the goals.
In the latest review of Singapore's plan, analysts called the country a "star APEC performer".
Singapore has enabled its economy to move up the value chain by adopting measures to respond to the changing global economy.
Singapore has also demonstrated resilience to changing global economic conditions through pragmatic policy responses and continuous economic reform.
The report also noted that Singapore's liberal investment regime and predictable, transparent and market-friendly policies have enhanced its attractiveness as an investment destination.
The level of transparency, integrity and trust pervading Singapore's system and culture of governance has also helped.
Yet, Singapore is constantly seeking to improve its operating laws and regulations to ensure the business environment is market-driven, and consistent with international best practices, the report said.
- 938LIVE/yb
Singapore receives high praise for its business modelBy 938 LIVE | Posted: 23 August 2008 1408 hrs
SINGAPORE: Analysts reviewing Singapore's plan to boost its economy said the country is well on its way to meeting the goals of a free and open trade and investment climate by 2010.
These goals, termed the Bogor goals, were set by the Asia-Pacific Economic Cooperation (APEC) members in 1994 when they met in Bogor, Indonesia.
Since then, each of APEC's 21 member economies is required to undergo periodic analysis of its progress in realising the goals.
In the latest review of Singapore's plan, analysts called the country a "star APEC performer".
Singapore has enabled its economy to move up the value chain by adopting measures to respond to the changing global economy.
Singapore has also demonstrated resilience to changing global economic conditions through pragmatic policy responses and continuous economic reform.
The report also noted that Singapore's liberal investment regime and predictable, transparent and market-friendly policies have enhanced its attractiveness as an investment destination.
The level of transparency, integrity and trust pervading Singapore's system and culture of governance has also helped.
Yet, Singapore is constantly seeking to improve its operating laws and regulations to ensure the business environment is market-driven, and consistent with international best practices, the report said.
- 938LIVE/yb
