27 Jan '11, 10pm

Our reader Michael Dee strongly believes that S'pore is actually capable of producing a Fortune 500 company. Agree?

I DISAGREE with the sentiments expressed in the article ('Why Singapore can't produce a Fortune 500 company'; last Saturday). The hard truth is if highly respected leaders tell their citizens 'it can't be done', then rest assured, it won't be done. Take Switzerland, the headquarters of Ciba-Geigy, ABB, Credit Suisse, Rolex, Nestle, Logitech, Glencore, Hoffman-La Roche, Kuhne + Nagel, Bally, Swatch, UBS and Novartis. These companies are global leaders. English is not Switzerland's official language. The Swiss are landlocked, have a small population and no natural resources. Yet they have a plethora of successful global corporations. So why is Singapore making excuses? In the article, Mr Lawrence Leow, president of the Association of Small and Medium Enterprises, says Singapore faces 'insurmountable challenges to producing a global manufacturing company'. What are they? Peop...

Full article: http://www.straitstimes.com/STForum/Story/STIStory_629029...

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