08-11-2021, 11:36 AM
(08-11-2021, 11:18 AM)sgbuffett Wrote: Now let's turn to Singapore which embarked on global talent hunt for decades believing success can only come by having the best talent in the world. After many decades of doing this to the point that 40% of the work force is foreign, where are the world beating companies? It can be counted on one hand!
Our local TH companies have cannibalised the market, so much so that the start-ups cannot grow. On the other hand, the TH companies get their contracts so easily that they don't work very hard to innovate.