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(Updated: )
Ricky Lim
he noted that the country has a five-year election cycle, so the authorities need to make sure that whatever project it commits to will continue to be carried out and honoured by the next Government that comes to power.
For instance, Mr Heng said there was an electricity project where, after the electricity was running, the country said the private company was making too much money and tariffs should be changed.
"The investor told me: 'I'll never invest in this country anymore'," he said. "So getting proper legal dispute settlement is very important."
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Investors will not invest in a Country - who flip flop on its policies and fail to honor any contracts or international agreements signed - whether by previous government or incumbent government.
This show the lack of integrity and failure to respect International law.
This will bring about economic difficulties and financial difficulties to a Country that fail to honor contracts and International Agreements.
For instance, Mr Heng said there was an electricity project where, after the electricity was running, the country said the private company was making too much money and tariffs should be changed.
"The investor told me: 'I'll never invest in this country anymore'," he said. "So getting proper legal dispute settlement is very important."
--
Investors will not invest in a Country - who flip flop on its policies and fail to honor any contracts or international agreements signed - whether by previous government or incumbent government.
This show the lack of integrity and failure to respect International law.
This will bring about economic difficulties and financial difficulties to a Country that fail to honor contracts and International Agreements.
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Ricky Lim
The Finance Minister, who has been earmarked to succeed Prime Minister Lee Hsien Loong, had earlier in the panel session shared his thoughts on how economies need to restructure to feel the full benefits of free trade.
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ITM (Industry Transformatiom Map) can indeed solve the income inequality, job problem arising from disruptive tech to transform business and train workers that will avoid the problem caused by Globalisation and Free Trade.
It is an antidote to the currect economic system face by the whole World.
---
ITM (Industry Transformatiom Map) can indeed solve the income inequality, job problem arising from disruptive tech to transform business and train workers that will avoid the problem caused by Globalisation and Free Trade.
It is an antidote to the currect economic system face by the whole World.
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