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He really should change his name to Lee Hsien Tau... the amount of bullshit that gets spewed from his lips is unbelievable.
The key creative core of these companies still remains in their native countries.
The operations that get outsourced to Sinkieland are the non-essential ones. Why did they outsource here? Because you have artificially depressed wages. Nobody gives a shit to the 'Singapore brand name': it's cost that they're concerned about.