This Econs Prof says…

The following “Reality Salad with Equality Dressing, sprinkled with Socialist Salt, and dusted with Capitalist Pepper” was #OVERHEARD here . An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama’s socialism worked and that no one would […]

Social enterprises – the future of entrepreneurship

Social enterprises are increasingly being mentioned in articles discussing innovative business models. But what exactly are they? How do they work? And what is their purpose/usefulness for Singapore? There doesn’t seem to be one unique definition out there, but basically they’re a somewhat modern type of business: they straddle the fence between the conventional private […]

Socialising businesses in Singapore

Unless you were living under a rock these past couple of weeks, you will have heard of the heart-warming story of coffee shops and customers joining forces to bring free coffees to the needy. The practice, commonly known as Pay It Forward, is very simple: people buying a cup of coffee can choose to pay […]

From rags to riches: Singapore’s success stories

Singapore is home to many millionaires, but it has also been the backdrop of many inspiring rags-to-riches stories! Sure, we’ve all heard of the fabulous accomplishments of some of the most famous self-made men; the likes of Bill Gates, Steve Jobs, and Li Ka-shing. But how much do we really know about our own home-grown […]

Rooting for Singapore’s microenterprises

What do brands like Ya Kun and Charles and Keith have in common? Nothing, you may say. But trace the origins of how these companies first started and you’ll realise that both began as a two-man operation! That’s right, both started out as microenterprises (MEs) and went on to become household brands known both in […]