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Singapore Investment News - Dec 2003

 
  Singapore has climbed up to sixth place in the latest global competitiveness survey released by the World Economic Forum (WEF). The Global Competitiveness Report is, by far, the most authoritative and comprehensive data source detailing major economies from around the world.
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  In combating SARS, the world now has a palm-sized weapon that is both convenient to use and highly effective - and was made entirely in Singapore, from conception to packaging. SI News looks at the GlowCard, the company behind it, and speaks with Dr Zheng Zheng, CEO of IMD.
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  Singapore is a vital ingredient to pharmaceutical giant.
"Turning cutting-edge science into new medicine is what a company like Merck does best and we are pleased that our fast-growing operations in Singapore are helping to fulfil that promise."
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  Consistently ranked as one of the world's most competitive and vibrant economies, Singapore is focusing on enhancing its role in manufacturing to engage in the entire value chain, from idea conceptualisation to R&D production, marketing and supply chain management. Manufacturing is one of the central pillars of the economy, contributing to between 20 to 25 per cent of Singapore's GDP.
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  Having started in 1999 with a US$1 billion Technopreneurship Fund, Singapore is now home to a booming venture capital industry. SI News looks at this promising development.
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