In October 1998, the private sector led Committee on Singapore’s Competitiveness its report to the Government of Singapore. The report assesses Singapore’s economic health at the time and competitiveness in the next ten years, and suggested strategies and measures to combat the economic downturn and to maintain and strengthen Singapore’s competitive position in the long term. The government responded positively to the report and announced an immediate cost reduction program as a leader and … Read more »

In October 1998, the private sector led Committee on Singapore’s Competitiveness its report to the Government of Singapore. The report assesses Singapore’s economic health at the time and competitiveness in the next ten years, and suggested strategies and measures to combat the economic downturn and to maintain and strengthen Singapore’s competitive position in the long term. The government responded positively to the report and announced an immediate cost reduction program as recommended and the adoption of relapses in long-term recommendations. Although the government their concern over the timing of the recovery, they had confidence in Singapore’s future.
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from
Michael J. Enright,
Andrew Lee
Source: University of Hong Kong
20 pages.
Release Date: 1 January 1999. Prod #: HKU033-PDF-ENG
Singapore: Committee on Singapore’s Competitiveness HBR case solution

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