Singapore Competitiveness

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Written by:

Sean R


Date added:

May 24, 2015







No of pages / words:

7 / 1849


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Thus, it is very interesting to discover how Singapore contests in international competition despite its lacking of essential physical resources, area and labor supply in particularly, for manufacturing as well as agriculture. The starting point of Singapore economy was from a base of abilities in entrepot trade, petroleum refining and seaport service...
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Subsequently, it progressed into export industrial products based on tremendously FDI expanding. Singapore industrial activities were feeble for a decade due to a little entrepreneurial know-how and novel technology spilled over from China and a weak structure of domestic entrepreneurship. Eventually, the government performed tightly to improve the business structure and the specific skills needed was created by intervening vastly of Singapore government (Ashton et al...
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