Hong Kong has a lot to learn from Singapore

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Hong Kong has a lot to learn from Singapore

Postby FanFanX » Fri Mar 07, 2014 11:00 am

HK is like a spoilt child: Li Ka Shing
Tycoon compares city with S'pore, which 'is very successful in innovation'

Published on Mar 07, 2014
By Li Xueying Hong Kong Correspondent


ASIA'S richest man, Mr Li Ka Shing, has compared the two cities of Hong Kong and Singapore, saying Singapore - spurred by its lack of resources - has relentlessly sought to reinvent and upgrade itself.
By contrast, Hong Kong is "like a spoilt child", with populism on the rise. It has to raise its game and sharpen its competitive edge, said the 85-year-old property tycoon.
In an interview with mainland Chinese news website Caixin published yesterday, Mr Li outlined what he thinks are the differences between the two cities - traditionally pitted as rivals - when responding to a question on how Hong Kong should encourage innovation.
In Singapore, public opinion does not turn against foreign companies that are flourishing in the domestic economy, he said. When the country suffers from a manpower shortage, it imports labour. And unlike Hong Kong, it does not have the support of China, and has to spend on its defence.
"Yet, Singapore is very successful in innovation," he said. He noted that Hong Kong's gross domestic product during the 1997 handover was similar to that of Singapore's. Now, Singapore's GDP is one-third higher than Hong Kong's, he said. "Hong Kong must boost its competitiveness," he said.
Asked by Caixin founder Hu Shuli why he felt there has been a rise of populism in the city, Mr Li acknowledged that Hong Kong's widening income inequality - "a global phenomenon" - is troubling.
But he warned that the government should not take an "emotional" approach towards resolving these grievances.
"I was poor before, I understand what it is like to worry about having to make ends meet every day," said the founder of the Hutchison Whampoa Limited and Cheung Kong Holdings conglomerates, whose wealth today has been estimated at US$29 billion (S$36.8 billion) by Bloomberg.
In a clear swipe at those who blame tycoons - including himself - for their perceived stranglehold on Hong Kong's economy, Mr Li said it is regrettable that some politicians choose to fan the resentment against the wealthy in an attempt to "win votes". What must be done instead is to embark on reforms in the education system, so as to speed up social mobility, he said.
Hong Kong also needs to grow the economic pie by investing in new technologies and innovating, said the magnate, whose business interests include a stake in Facebook and music streaming service Spotify.
Revered by many as "Superman" for his business acumen, Mr Li has in recent years found himself the high-profile target of those unhappy about the widening rich-poor gap and slowing mobility.
Last year, dock workers camped out at his Cheung Kong Centre in a wage dispute. Led by union leaders and labour parties, they hoisted posters of Mr Li as a "blood-sucking vampire" who profited from their labour.
Asked about this, Mr Li took a sip of his tea and said: "Though they made me out to be a monster, I still laugh when I see the photographs."
xueying@sph.com.sg

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Re: Hong Kong has a lot to learn from Singapore

Postby FanFanX » Fri Mar 07, 2014 11:03 am

Things that Hong Kong have learned from Singapore:
1. ICAC was modelled after CPIB
2. TVB Awards was modelled after Mediacorp Star Awards
3. HK government give out monetary incentives during Budget was modelled after Singapore
4. etc

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Re: Hong Kong has a lot to learn from Singapore

Postby FanFanX » Fri Mar 07, 2014 11:12 am

Areas that Hong Kong lose out to Singapore:
1. crime (triads are still rampant)
2. pollution
3. public housing
4. preserving sites of historical interest
5. infrastructure/urban planning
6. English/Mandarin proficiency
7. rich-poor disparity
8. yet to have a sovereign fund like Temasek/GIC
9. water supply self-sufficiency
10. etc

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Re: Hong Kong has a lot to learn from Singapore

Postby FanFanX » Fri Mar 07, 2014 11:13 am

Areas that Hong Kong is better than Singapore:
1. entertainment industry
2. financial industry
3. mass rapid transport (less breakdowns)
4. etc

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Re: Hong Kong has a lot to learn from Singapore

Postby janet88 » Fri Mar 07, 2014 11:30 am

FanFanX wrote:Areas that Hong Kong is better than Singapore:
1. entertainment industry
2. financial industry
3. mass rapid transport (less breakdowns)
4. etc


hong kongers dare to try

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Re: Hong Kong has a lot to learn from Singapore

Postby 12mum » Fri Mar 07, 2014 2:07 pm

I notice that every time when singapore beats hk in any survey, the comments made by them are

A) singapore has no freedom, everything also listen to govt, speak out against govt will definitely be jailed etc. I do agree to some degree.

B) anyone who writes simplified Chinese is 文盲。so we are 文盲 and no culture because we don't embrace 繁體字。

C) mock our accent and singlish.

D) best of all, besides chewing gum ban, there is also a soft drink ban nationwide (we are not allow to drink coke because we are getting too fat) :laugh: . Seriously, I saw the latter being mentioned a few times in different threads on different forums. Such drinks are banned in schools but not national wide lah. :slapshead:

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Re: Hong Kong has a lot to learn from Singapore

Postby janet88 » Fri Mar 07, 2014 10:04 pm

Singaporeans are very 乖, so whatever law, just follow law.
Paparazzi is not scary here unlike in hongkong.
Don't expect big strikes...will lead to serious consequences.
Yes, we are often criticized for using simplified Chinese...不够文化.

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Re: Hong Kong has a lot to learn from Singapore

Postby FanFanX » Sat Mar 08, 2014 3:20 am

janet_lee88 wrote:Singaporeans are very 乖, so whatever law, just follow law.
Paparazzi is not scary here unlike in hongkong.
Don't expect big strikes...will lead to serious consequences.
Yes, we are often criticized for using simplified Chinese...不够文化.


It is a matter of time before HK adopt simplified Chinese because of China.

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Re: Hong Kong has a lot to learn from Singapore

Postby janet88 » Sat Mar 08, 2014 9:30 am

FanFanX wrote:
janet_lee88 wrote:
Yes, we are often criticized for using simplified Chinese...不够文化.


It is a matter of time before HK adopt simplified Chinese because of China.


hong kongers and Taiwanese are the only 2 countries using traditional Chinese...and they pride themselves as being 文化. we are criticized for using simplified (considered 'mass market') and also hanyu pinyin.

hong kongers have no qualms showing up on the streets to show their displeasure in huge numbers.

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Re: Hong Kong has a lot to learn from Singapore

Postby FanFanX » Sat Mar 08, 2014 10:00 am

janet_lee88 wrote:
hong kongers and Taiwanese are the only 2 countries using traditional Chinese...and they pride themselves as being 文化. we are criticized for using simplified (considered 'mass market') and also hanyu pinyin.

hong kongers have no qualms showing up on the streets to show their displeasure in huge numbers.


We need to move with the times. If ROC is ruling China instead of PRC, they may also adopt Simplified Chinese too.

Showing up on the streets - this happen in almost every where.

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