A very nice theory you have sounded.
Keep up the spirit.
We Singaporean have been too passive for too many decades.
Originally posted by stupidissmart:
SIngapore is very small, thus its property rental fees is
exceptionally high. This had already put a strain on all business,
whether is it from our own country or foreign investors. Our people
aren't cheap to employ either, given the relatively strong
singapore dollars and high standard of living here.
Very true.
Originally posted by stupidissmart:
Our neighbours aren't very helpful too. Some of them r facing
security and instability problems. Others are literally using "Cut
and Paste" method on watever we have been doing for the past years.
When we make chips, the others start to manufacture chips too. When
our airport and port is profitable, they start to develop on tat
too. When we sign FTA, others r planning to sign one in the near
future too. If they keep following wat we r doing, in the end we
will still lose out since we already have a disadvantage of high
business costs.
I believe you are referring especially to Malaysia.
So far indonesia and other asean countries are not cutting and
pasting too much from us or shall we say not a strong competitors
to us yet.
But as our costs are too high, we lose out alot of deals for
manufacturing.
Originally posted by stupidissmart:
I think the only strong point left is our reputation. Efficient,
clean corruption free and diplomatically friendly. Thus service
such as hospital and health, singapore still have some advantage
over others in the region. If I am a rich person, I won't mind
paying much more as long as I am in safe hands during operation. It
is good to induce more people from the region to our hospital. Sad
to say the failure of the Iran twins will fixed in people mind for
a long time.
Our strong point is our reputation, which is the most
non-corrupted government in the world. People has faith in us to
place their region HQ in SIngapore, but how long will it stay?
China is becoming more attractive and we can't neglect. Personally
i don't think many people will even consider migrating to Singapore
for retirement. I believe there are alot better and cheaper
countries who is also offering high standard of health facilities
like Australia, New Zealand, Canada, Thailand, China and even Sri
Lanka.
Originally posted by stupidissmart:
Education can also be a good direction to go into. People had to
pay fees to study in the University. However we must work very hard
to improve our University level and reputation since we r not so
established tat tons of people wanna pay to study here yet.
Hmm...I don't think NUS or NTU is a world class university. I am
not sure about ranking or stuff. But i don't think we have such
reputation.
Originally posted by stupidissmart:
R & D with patent can be a good area to go to. And tis have to
depend a lot on our University, since the capability of researchers
is more important than the cost of land and people. One good field
for R&D, other than bioscience is defense related issues.
Countries r willing to spend a huge sum for anything related to
country security, like rifles, tank or even or thermo scanners etc.
However we r still far from being a key player in tis field.
Now we are living in a digital world.
We are connected to the world via internet.
Nothing can be kept secret anymore.
Patent is rubbish nowadays.
You can create and patent a product.
But a similar product can be produce by using your idea but
restructure your product whatever it is.
It is just like handphone.
Motorola starts out as a pioneer for mobile phone.
What about now?
Originally posted by stupidissmart:
Another field is the ecommerce and software. If we are able to
produce quality websites or develop software tat provide special
services, we may be able to stand a niche here. But again we r
facing strong opponents from US and china in tis. Probably anything
under the sun tat can be achieve using software has been thought
and came up with. However in one field, Singapore had done and
succeeded to a certain degree is the massively multiplayer games. I
hope to see increasing growth in tis field.
I wish to correct this.
I think we are facing strong opponent from India instead of
China.
I heard Microsoft has build a research dept in India.
Future softwares from Microsoft should be MADE IN INDIA.
Personally i don't play game that much.
I don't see anyone playing RENEWAL in LAN shops or heard of any of
my friends playing.
So i don't know if RENEWAL is a success or not.
Originally posted by stupidissmart:
Some fields like making movies and music may work too, since the
products is sold at the same price throughout and very profitable
if successful. However we have LOTS, I mean LOTS, of catching up to
do in tis. Especially since people here aren't as creative as
people from other regions.
Our movie and music industry is too small.
Yes...SIngaporean are educated to be practical.
Born, study, find a stable job, work 8-5, retire, survive on cpf
and die.
We are not creative because we lack competition.
Our strongest competitor is our own government, how to
fight?
