ss thing by Sarvesh Bhargav https://padlet.com/sarvesh_bhargav/8jb1r1chpiai Made with panache en-us 2018-07-06 01:54:29 UTC 2025-10-23 09:19:11 UTC hello@padlet.com Singapore's response to economic impacts of globalisation audrey_lee_hui_xing https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523077 2018-07-06 01:57:10 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523077 support for singaporeans during global financial crisis junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523129 pg 283

]]> 2018-07-06 01:57:56 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523129 Nurture SMEs to ensure that they are competitive and relevant sarvesh_bhargav https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523140 287-289 of Textbook 

]]> 2018-07-06 01:58:05 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523140 Diversity its economy and to ensure the industries are relevant in the changing economy audrey_lee_hui_xing https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523209 2018-07-06 01:58:54 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523209 Overseas venture: expand market reach thru economic cooperation junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523241 pg 277-279]]> 2018-07-06 01:59:19 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523241 equip singaporeans with skills to ensure their competitiveness junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523432 2018-07-06 02:01:29 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523432 Provides various forms of financial assistance to help SMEs at different stages of growth sarvesh_bhargav https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523452 2018-07-06 02:01:42 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523452 Aids in SME's efforts to venture aboard sarvesh_bhargav https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523537 2018-07-06 02:02:41 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523537 junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523580 workers who lost their jobs were given help finding new ones. they were also given opportunities to be retrained with new skills]]> 2018-07-06 02:03:34 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523580 facilitates partnerships between SMEs and larger corporations sarvesh_bhargav https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523603 2018-07-06 02:03:55 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523603 Provides financial assistance in the form of loans, grants and tax incentives sarvesh_bhargav https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523664 2018-07-06 02:04:39 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523664 junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523698 lower income families were given assistance through rental rebates]]> 2018-07-06 02:05:21 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523698 In 1960s: Garments Textiles and Wood industry audrey_lee_hui_xing https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523810 2018-07-06 02:07:02 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523810 1970s: start of electronic industry audrey_lee_hui_xing https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523836 Japan and Germany helped SG]]> 2018-07-06 02:07:16 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523836 1980s: specialised jobs in fields of high-technology and electronics and engineering, encouraging manpower training programmes audrey_lee_hui_xing https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523862 2018-07-06 02:07:27 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523862 1990s: bio-medical science, chemical industry also pharmaceutical and biotechnology sector audrey_lee_hui_xing https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523874 2018-07-06 02:07:36 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523874 2000s: interactive and digital media industry, energy industry audrey_lee_hui_xing https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523885 2018-07-06 02:07:47 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523885 Free Trade Agreement (FTA) audrey_lee_hui_xing https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523976 2018-07-06 02:09:17 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269523976 Signed with USA in 2004 audrey_lee_hui_xing https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524008 substantial amount of tariff savings and increased trading between Singapore and its partner countries]]> 2018-07-06 02:09:44 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524008 skillsfuture junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524012 2018-07-06 02:09:48 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524012 Industries that benefit: audrey_lee_hui_xing https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524021 Electronics and information technology, chemical and petrochemical and textiles industries]]> 2018-07-06 02:10:08 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524021 workfare training support scheme junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524056 2018-07-06 02:10:44 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524056 junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524102 help individuals make well informed choices in education, training and careers]]> 2018-07-06 02:11:21 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524102 Economical Benefits: audrey_lee_hui_xing https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524151 Strengthen trade relationships between Singapore and other countries

More companies want to set up in Singapore -> generate more tax revenue -> create more good job opportunities -> singapore economy boosted]]> 2018-07-06 02:12:04 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524151 junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524157 develop a sense of high quality system of education and training that responds to constantly evolving needs]]> 2018-07-06 02:12:08 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524157 junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524241 promote employer recognition and career development based on skills and mastery]]> 2018-07-06 02:13:07 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524241 junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524272 foster a culture that supports and celebrate lifelong learning]]> 2018-07-06 02:13:41 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524272 Trade-offs audrey_lee_hui_xing https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524283 protests against FTAs and FDI 

leads to increased competition with local products-> decreased livelihood of local businessmen -> closed down :( 

little benefit for domestic business -> little evidence of substantial transfer of knowledge & skills from foreign companies and limited employment opportunities. 

weak domestic business ]]> 2018-07-06 02:13:51 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524283 junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524315 enhanced course fee and absentee payroll funding]]> 2018-07-06 02:14:21 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524315 junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524345 training allowance for working singaporeans who sponsors their ow training]]> 2018-07-06 02:14:43 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524345 junhao3449 https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524394 training roadmap with customised classes]]> 2018-07-06 02:15:19 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524394 audrey_lee_hui_xing https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524670 2018-07-06 02:19:02 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/269524670 Challenges sarvesh_bhargav https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/270592440 Shortage of expertise 
Insufficient profits
Competition from bigger countries
Shortage of Labour
Small domestic labour ]]> 2018-07-19 06:00:00 UTC https://padlet.com/sarvesh_bhargav/8jb1r1chpiai/wish/270592440