Sunday, May 29, 2011

Why Singapore?


The second question, I often get is “why Singapore”? I believe this question requires a much deeper understanding of how things work around here, so I hope to be able to answer this at a later point in time. I understand that the location for the IIX exchange has been of much debate, and considerable analysis was conducted to identify the most attractive location.

One compelling piece of information that I have learnt so far involves the desire and commitment of the Singapore government to make Singapore the hub for the social sector in Asia-Pacific. Operating with a U.S. mindset, this commitment of the government would not weigh in as heavily into decision-making, but in the local context where social enterprise really does require the support of the three legged stool (private sector, government, and citizens), the Singapore government’s strategic commitment to become the hub for the social sector in Asia as well as their powerful banking infrastructure makes a good sell.

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