yes, we are innovative, we are cheap but certainly cheaper than the
westerner, we might not have that financial muscle create a center
here, but we can try to be better. And because we lack of natural
resources, our peoples are the most important resources.
Because we are brought up in a society of inward and academy
base education which base on result and results, we fail to create
innovator, we failed miserably to take risk and put failure as a
shame to family, school, mates etc etc. That concept have to
change, we must not be so academy and allow failure to
progress.
To be the financial centre, we need the right insitutions here,
the right people (no corruption or least corruption) to sell our
shenton way to them, we want peoples doing business in China or
other part of Asia, to have their account department and HQ here,
we can provide auditing just next door, banking just a few step
away and good entertainment in a world class way. And most
important, a stable and peaceful environment. We are doing it, and
we can do it.
In globalise world, vessels still move, product still move, and
infact more faster and more demanding, and our port provide that
fast, easy and convience way of trading for our customers. We are
glad that our neighbour countries are not able to function that
well, must we must not be arrogant and think that they cannot beat
us, we must alway be on our toes to be cheaper in term of
productivity, better, in term of quality and faster, in term of
time. The only differences between Singapore, malaysia, indonesia
or thailand is that in business, Singapore walk the talk, most
other just talk only. And that is the plus point for us to upgrade
our +cost. The other most important aspect that Singaporeans have
to withhold is "TRUST"
First of all, MNC dont really need any Asian HQ anymore. They
are disintegrating into smaller business units and they are
discentralised with local country management to cope with the
growing speed. Spore HQ concept is good for the old day not
now.
Even if they wish to create any HQ, Hong Kong has more advantage
than Spore..
I operates many goldmines and iron-ores in Russian, China and
Indonesian and many are listed, each time when my bankers
choose a location beside Singapore for listing, it break my heart
as I love this country will surely will return for retirement
oneday.