Small Island, Crowded Market - What every Singapore business owner should know about the ground they compete on

Every month, a hawker in Toa Payoh looks at his takings and asks the question that haunts a very large part of Singapore: if I work this hard, why am I not getting richer?The headlines say the economy is booming. The numbers say the headlines are right. Both things are true at once, and that is the trap. Singapore is not one economy. It is three, running side by side on the same small island, and ...