22 Jul '11, 2pm

How Singapore punches above its weight: SINGAPORE has been able to punch above its own weight and have a

How Singapore punches above its weight: SINGAPORE has been able to punch above its own weight and have a

Singapore has been able to punch above its own weight and have a vibrant economy because it has remained open to foreign talent to add to the pool which can be developed locally, Mr Lee Kuan Yew reiterated. -- ST PHOTO: LAU FOOK KONG SINGAPORE has been able to punch above its own weight and have a vibrant economy because it has remained open to foreign talent to add to the pool which can be developed locally, Mr Lee Kuan Yew reiterated on Friday. Speaking at the closing session of the two-day South Asian Diaspora convention, he acknowledged that the influx of foreigners had been discomforting for some Singaporeans, but reminded that the alternative would be slower growth for the country. The former Prime Minister was responding to a question at a dialogue with more than 600 participants on how a fundamental tenet of Singapore's economic model - being open to foreign talent...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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