Risk Assessment Of Singapore

However, there are also some political, cultural and kind risks we had to undertake while investing in Singapore. Prime take care leeward Hsien Loong has identified addressing racial tension as a policy priority. The government has repeatedly tried to cool rise social discontented over foreign workers and immigrants. The migrant guinea pig is expected to be hotly debated ahead of the general election as more Singaporeans feel migrants are taking small-scale and mid-level jobs away from them. The issue is complicated by demographics. The majority Chinese population is growing at a slower deem than minority Malays and Indians. Labour shortages mean the country relies on immigrant workers for numerous jobs, nevertheless the 2009 recession and cultural differences keep back made many Singaporeans wary of migrants. Some of the localites may have a disadvantage for imported wines, and may pose as unnecessary obstacles in the path of my business. R.A Wines always keeps a look upon for the following -
Any sharp rise in racial tensions or unrest. This is unlikely, although there is a small chance that ascension religious tensions in neighbouring Malaysia could spill over.
Growing public discontent about migrant workers.



Last July, Prime Minister Lee said Singapore would need 100,000 extra foreign workers to underwrite with rising labour costs and falling labour supply. He later cut that number to 80,000.
The countrys surety is also a major concern as militants have long had Singapore in their sights. A Jemaah Islamiah plot for multiple attacks was uncovered in 2001.Security and policing are far ahead of neighbouring states, but the 2008 escape of al Qaeda-linked militant Mas Selamat Kastari from prison was a lead that showed security is not infallible. The port and shipping lane in the Malacca Strait remain two key probable targets, and an attack on them could cause global disruption. We have a security panel that keeps an eye on the strength and evasive action of Jemaah Islamiah and its offshoots. Markets would...If you want to get a full essay, order it on our website: Orderessay



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