Others
DESPITE being wealthier than France, Germany and Japan on a per capita basis, and despite numerous government efforts to spur innovation, Singapore has had considerable difficulty in building a durable base of entrepreneurial activity.
AMERICA'S sub-prime crisis has circled the world, taking a toll on banks, on stock markets struggling to find a footing, on jobs as companies hunker down, and on economic growth as consumers pull back on spending. Another way it has left its mark is on Asia's corporate bond market.
Editorial
LOW wages and no mandated rest days are causing a contraction in maid supply, according to placement agents. The lure of Hong Kong wages, typically double the Singapore going rate of $300 to $350, is well-known.
