Our sincere congrats to Joel and Trax team

This week, i have the opportunities to discuss with two different groups of foreign investors on setting biz in Singapore.

In my presentation to them on the pros and cons of being located in Singapore, I highlighted the current foreign manpower climate of being “Singaporeans First, Singaporeans Core”. I certainly do not wish to jeopardise their investment with subsequent rejection of employment pass applications for their key staff.

What if these investors decide not to locate their business here in Singapore? We would lose some of the multiplier effect from these investments.

The gentleman below is one of the early arrivals into Singapore. He has created some values for Singapore.

Challenges ahead for all. Be positive.