Abstract

Asia (including China, Japan and South Korea) is America’s largest trade market both with respect to sourcing from as well serving the Asian markets. As the recently negotiated Transpacific Partnership (TPP) is unlikely to be implemented, there will be alternative trade policy which will transform international trade and investment between the United States and Asia. Singapore has a number of comparative advantages (location, infrastructure, capital, education and good governance) which will benefit both private and state-owned enterprises as the realignment of trade and investment between Asia and America takes place. This includes public-private partnerships in large scale infrastructure projects, private equity investment and relocation of Asia Pacific headquarters to Singapore.

Sustainability will become the competitive advantage for this century. As companies promote quality among its stakeholders such as suppliers and customers, sustainability will be promoted among nine different stakeholders including the community, government, investors and the press. In his recently published book Sustainability Edge: How to Drive Top Line Growth with Triple Bottom Line Thinking (with Suhas Apte), Professor Jagdish Sheth will share his research findings of how world class companies engage their stakeholders to embrace sustainability.

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