Chapter 2

Learning Outcomes

Outline

Singapore

Local

International

Don’t put all your eggs into one basket

Otherwise

Diversify the Economy

Undiversified Economy

Diversified Economy

How does Singapore diversify its economy?

Why is it importantto diversify?

Bali, Indonesia (2013)

Bali, Indonesia (2002)

What are SMEs?

SMEsSmall and Medium Enterprises

Businesses

Why are SMEs necessary?

Support

3 Problems of SMEs

Solution

Why is it necessary?

SuzhouIndustrial Park

Suzhou Industrial Park

How do we meet Singapore’s needs?

International Tech ParkBangalore, India

International Tech Park

Why is venturing abroad important?

Why is it needed?

How do we expandour market reach?

Free Trade Agreements

Benefits (Consumer)

Benefits (Companies)

Examples

Special Economic Zones

Special Economic Zones

Singapore

DevelopLocal Talents

Promote local entrepreneurshipand technopreneurship

Why is it needed?

Promote continuouslearning among the workforce

Why is it needed?

AttractForeign Talent

Problem

Solution

One more thing

ManageEnvironment

Why?

How?

Downtown @

Marina Bay

Natural Sites

Challenge

Bukit Timah Natural Reserve

Sungei BulohWetland Reserve

Chek JawaWetlands

Regional and International

Cooperation

Indonesia Haze

Public Education

Education

Conclusion

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