05 Feb '12, 10pm

Today: Reduce cost of doing business

This letter was sent to Today paper on 1 Feb 2012 (but not published yet) Reduce cost of doing business Mr. James Ang (Crutch mentality in businesses, 1 Feb) said that our business federations should not just lobby for subsidies, grants and tax incentives, but get their members to innovate, raise productivity and explore new markets overseas. I also recall similar calls by our government leaders on innovation and productivity for as long as I can remember. I have run a small business for three years and wish to share my experience about some of the mindless regulations and processes that increase the cost of doing business in Singapore: 1. Our government agencies require businesses to submit requests and compliance returns using their online processes. Their websites are extremely complicated and each process can take hours to someone who is not familiar. Mistakes are made...

Full article: http://tankinlian.blogspot.com/2012/02/today-reduce-cost-...

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Today: Reduce cost of doing business

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