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Getting out of the low-wage-low-productivity trap

For the longest time, the Philippines has been caught in a low-wage-low-productivity trap. Our stagnant industrial and agricultural sectors have remained stuck at Industry 2.0/3.0 level while our neighbors in East Asia (China, Japan and South Korea) and in Southeast Asia (Indonesia, Malaysia, Singapore, Thailand and Vietnam) are sprinting forward… ....

Chok Tong , Kyonggi Do , South Korea , Republic Of , United States , Gil Puyat , Lee Kuan Yew , Elpidio Quirino , World Bank , Economic Development Foundation , Singapore National Wage Council , Central Bank , Central Bank Governor Miguel Cuaderno , Skills Development Fund , Mao Tse Tung Red Army , Us Embassy , Philippine Congress , International Labor Organization , Philippine Development Plan , East Asia , Southeast Asia , Ferdinand Marcos , President Elpidio , American Cold Warriors , Mao Tse Tung , Red Army ,

Where Malaysia failed but Singapore succeeded: As reflected in the career paths of two lawyers

ROBERT Wang, the hot-shot lawyer for the big tycoons in Hong Kong was in a meeting with some lawyers from San Francisco discussing a tie-up when he was informed by his secretary that Li Ka Shing, the richest man in Hong Kong, was on the line and asking for him. ....

San Francisco , United States , New Territories , Hong Kong General , Hong Kong , National University Of Singapore , Singapore General , City Of , United Kingdom , Kuala Lumpur , British Malaya , Malaysia General , Ayer Molek , Nancy Pelosi , Tom Sawyer , Paul Pelosi , Ahmad Nordin , Abu Talib , Robert Wang , Lee Kuan Yew , Monkey King , Mun Sou , Tom Jones , Jalil Ibrahim , Malay States , Margaret Thatcher ,