Singaporean Entrepreneurs

BEIJING has ordered banks to shrink the pool of money for lending by increasing their reserves for the sixth time (6th!!) this year. Banks were ordered to raise the amount of money they keep on deposit with the central bank to 12% from 11.5% of their deposits, effective Aug. 15. 2007.

On July 31, 2007 a five-day meeting between officials of the U.S. Food and Drug Administration and China’s food safety agency begins in Beijing. Chinese officials have said the sides will discuss setting up a collaborative food safety mechanism. Two of the companies that had their licenses revoked and offices shut by China’s product safety [...]

By ranking … Singapore is not one of them! The $ stated below is in US$: 1. Moscow 2. Seoul 3. Tokyo 4. Hong Kong 5. London 6. Osaka 7. Geneva 8. Copenhagen 9. Zurich 10. Oslo, New York (tied) The survey uses New York City, ranked No. 10, as its cost base — scoring [...]