FEATURED ARTICLES

A governance code for the future economy

07 September 2018 | The Business Times

In a commentary, Assoc Prof Lawrence Loh says the revised Code of Corporate Governance is to ensure companies do not lose sight of fundamental principles that relate to their sustained, long-term wellbeing.

Subscribing to a fuss-free lifestyle

01 September 2018 | The Straits Times

Assoc Prof Leonard Lee says subscription services are particularly appealing to the younger working crowd because they simplify the decision-making process.

Mixed reactions to DBS' handling of 'ripped Singapore flag' incident

31 August 2018 | The Straits Times

Professor Vivien Lim says human resource departments need to educate employees about their actions online as there could be implications for their organisations’ identity.

More in the news

07 September 2018

A governance code for the future economy

The Business Times

In a commentary, Assoc Prof Lawrence Loh says the revised Code of Corporate Governance is to ensure companies do not lose sight of fundamental principles that relate to their sustained, long-term wellbeing.

01 September 2018

Subscribing to a fuss-free lifestyle

The Straits Times

Assoc Prof Leonard Lee says subscription services are particularly appealing to the younger working crowd because they simplify the decision-making process.

31 August 2018

Mixed reactions to DBS' handling of 'ripped Singapore flag' incident

The Straits Times

Professor Vivien Lim says human resource departments need to educate employees about their actions online as there could be implications for their organisations’ identity.

29 August 2018

7 key challenges for the future of ASEAN - and how to solve them

World Economic Forum

In a commentary, Prof Pasha Mahmood says there are several challenges the ASEAN region faces in promoting sustainable economic growth. Having closer coordination and common goals among ASEAN nations, he says, helps promote stability and lessen the possibility of conflicts.

23 August 2018

Most people prefer money as a gift over thoughtful gestures, which well-wishers prefer because they like to see the recipient's reaction

http://www.dailymail.co.uk/sciencetech/article-6091413/Most-people-prefer-money-gift-thoughtful-gestures.html

Article reports on Asst Prof Adelle Yang’s research on gift-giving, which says gift-givers give unsatisfactory elaborate gifts because they are keen to elicit bright smiles or squeals of delight, whereas recipients derive greater value from simpler gifts.

21 August 2018

Suspected China cyberhack on Singapore is a wake-up call for Asia

Nikkei Asian Review

Visiting Senior Fellow Alex Capri says the region faces the challenge of dealing with increased vulnerability due to the spread of the Internet of Things where many devices are connected.

16 August 2018

New RydeSend service may not take off

The Straits Times

Commenting on RydeSend where users can send items via Ryde's pool of drivers for delivery to recipients, Assoc Prof Lawrence Loh says the service is part of a trend where ride-hailing providers are encroaching on related business areas like courier services.

11 August 2018

Sales at department stores slump in June despite GSS; Car sales spike

TODAY

Assoc Prof Thompson Teo says GSS (Great Singapore Sale) has lost its novelty and there has been no significant change to the sales campaign for years.

09 August 2018

Malaysia is expected to reverse FDI fall in 2019 — ADB

The Edge Markets

Visiting Professor Filippo Di Mauro says that when attracting foreign direct investments, countries should not focus on specific sectors to grow, but create conditions where firms can be more productive.

08 August 2018

Focus on right measures of income inequality

The Straits Times

In a commentary, Assoc Prof Nitin Pangarkar says zeroing in on the income of the top 10 per cent will yield suggestions of Robin Hood taxes on the rich. However, he says, Singapore should keep to its present approach to income redistribution as inequality has remained stable and the poor are making progress.

31 July 2018

Name-and-Shame Approach Puts More Women on Singapore Boards

Bloomberg

Assoc Prof Marleen Dieleman says there is still a tendency to source new board members from personal and family networks, and to look for people with similar backgrounds, thereby overlooking qualified others, including women.

31 July 2018

Non-executive directors ought to exercise discretion

The Business Times

In a commentary, Senior Lecturer Julie Huan says it is incumbent on non-executive directors (NEDs) to carefully review the specific role that he/she has agreed to undertake with respect to business decision-making.

25 July 2018

The world's major emerging economies could end up benefiting from global trade tensions

CNBC

Visiting Senior Fellow Alex Capri says China might turn to Brazil, India and Russia to source products it originally bought from the US, such as soybeans, wheat, and meat.

24 July 2018

Changes to Grab's points system and membership policy upset users

The New Paper

Asst Prof Yang Nan says the Competition and Consumer Commission of Singapore’s upcoming verdict on the Grab-Uber merger could have influenced Grab’s decision to introduce an adjustment period in its rewards programme. He says it might be a sensitive period for Grab to change its prices.

19 July 2018

Malaysia must make clear its plan for KL-S’pore high-speed rail, further delay could hurt both sides: Analysts

TODAY

Assoc Prof Lawrence Loh says the postponement of the rail project would mean that benefit streams will be delayed while outlays will continue to set in. The overall risk factor will be greater, he says, as political climates can change.

11 July 2018

We may be in the early stages of a new Cold War

Channel NewsAsia

In a commentary, Visiting Senior Fellow Alex Capri says the US-China trade war is only a small component of the intensifying geopolitical rivalry between Washington and Beijing.

07 July 2018

No more errantly parked bikes? New regime promising, but requires some pain

TODAY

Assoc Prof Lawrence Loh says the bike-sharing operators are in a Catch-22 where they could lose customers if they impose deposits, or have to deal with errant customers if they do not implement deposits.

06 July 2018

How to get ahead in your job when you don't know anyone

The Business Times

In a commentary on his study of new employees building networks in their companies, Assoc Prof Daniel McAllister says recruits with limited or no managerial connections, but who have strong ties with their co-workers and favourable self-evaluations, are just as successful in adjusting to their new roles as those with connections.

03 July 2018

How mortgages have a critical impact on presidential elections

The Washington Post

The article features a study by Asst Prof Adonis Antoniades that found voters in the US do not always reward politicians for a boom in local credit supply but are quick to punish them when credit is less available.

28 June 2018

A paradox at the heart of gift-giving

The Economist

The article features Asst Prof Adelle Yang’s study on gift-giving, where the recipients tend to react more positively to things of less long-term satisfaction.

26 June 2018

The not-so-Great Singapore Sale — after 25 years, once-premier shopping event is now left in the dust

Channel NewsAsia

Assoc Prof Prem Shamdasani says the Great Singapore Sale organisers should integrate the offline and online shopping experience to offer greater convenience, value, variety and services to shoppers. This, he says, would attract more millennial and international shoppers and help drive shopper traffic to the stores and malls, which can further differentiate themselves by organising thematic promotional events.

21 June 2018

Hyflux founder-CEO Olivia Lum to attend townhall meetings with shareholders next month

Channel NewsAsia

Assoc Prof Lawrence Loh says investors attending the meetings should focus on asking Hyflux’s plans to resolve its debt situation.

19 June 2018

How to get more women on Asia’s boards? Go beyond number counting

Forbes

In a commentary, Assoc Prof Lawrence Loh says that findings from the Singapore report of the ASEAN Corporate Governance Scorecard indicate that the number of female independent directors increases when the average tenure of independent directors goes down. He adds that boards with longer tenure tend to be those composed of “old-boy networks”, which lead to a strong male presence.

14 June 2018

Grab to get $1.34b from lead investor Toyota

The New Paper

Assoc Prof Lawrence Loh says Toyota’s investment in Grab is a collaboration where both parties get to enhance their business interests, with the Japanese giant venturing to new areas and the latter gaining capital.

14 June 2018

Commentary: Why humble narcissists make the most effective leaders

Channel NewsAsia

In a commentary, Asst Prof Amy Ou says humble narcissists have high opinions of themselves and enjoy the limelight, but they also know their weaknesses and appreciate the capabilities of other people. These leaders, she says, win more supporters, make wiser decisions and deliver sustainable performance for a collective good.

07 June 2018

Commentary: When Go-Jek enters Singapore, what consumers, drivers and delivery services can expect

Channel NewsAsia

In a commentary, Assoc Prof Nitin Pangarkar says it is most likely Go-Jek will avoid clashing head on with Grab in price wars and even partner local firms to provide on-demand services such as housekeeping and fixing, to compete effectively in Singapore.

07 June 2018

South Koreans in Singapore want Trump-Kim summit success, end to Korean War

Channel NewsAsia

Prof Sumit Agarwal says he expects a joint declaration of an end to the Korean War, but cautions that eliminating nuclear weapons from the peninsula and unification are far-fetched dreams at this point.

31 May 2018

Singaporeans less satisfied with quality of life and democratic rights: survey

Yahoo News Singapore

Coverage of the Happiness, Wellbeing and Society – What matters for Singaporeans book launch. Co-authors Assoc Prof Tan Soo Jiuan and Assoc Prof Tambyah Siok Kuan examine how happiness and wellbeing have evolved over the past 20 years in Singapore. Assoc Prof Tan says Singaporeans are increasingly upset about the affordability of cars and properties.

29 May 2018

Another price war seen in ride-hailing market

The Business Times

Asst Prof Yang Nan says Grab would most likely find itself caught up in another price war with Go-Jek’s impending entry, even if it had wanted to focus on innovation.

25 May 2018

What ails Singapore Airlines?

The Business Times

In a commentary, Assoc Prof Nitin Pangarkar says Singapore Airlines need to continuously reinvent itself by adding new competencies, in order to maintain its differentiation against rivals.

23 May 2018

Hard truths, tough choices ahead after Malaysia’s scrapping of the GST

Channel NewsAsia

In a commentary, Assoc Prof Simon Poh says the scrapping of Malaysia’s Goods and Services tax might lead to growth in the long term but it cannot escape a widening fiscal deficit in the short term, which has knock-on effects for Malaysia’s competitiveness.

16 May 2018

On track towards the next crypto regulatory frontier

The Business Times

In a commentary, Visiting Senior Research Fellow Emir Hrnjic says that for regulations to be effective, regulators will need to coordinate their efforts globally as crypto businesses tend to relocate to countries where the rules are more relaxed.

15 May 2018

How sworn enemies toppled Najib but now pose a new risk to Malaysia

Bloomberg

Assoc Prof Lawrence Loh says Malaysia's political field needs to be careful in sustaining the harmony given the strong personalities and differing ideologies of Prime Minister Mahathir Mohamad and Anwar Ibrahim.

10 May 2018

Asia Flings Open Doors to Foreign Cash. But There's a Catch

Bloomberg

Instead of opening up stock markets for foreign capital flow, Assoc Prof Johan Sulaeman says countries compromise by setting up trading links as they allow for offshore independence while maintaining capital controls.

10 May 2018

Malaysia election: Mahathir sworn in as Prime Minister

South China Morning Post

Assoc Prof Lawrence Loh says Prime Minister Mahathir Mohamad’s immediate priority is to restore public confidence in national governance.

07 May 2018

Will Cambridge Analytica scandal hurt outlook for digital advertising industry?

The Edge

Senior Visiting Fellow Alex Capri says the revenue model of social media platforms may evolve from advertising to paid subscription — prompting advertisers to explore other communication channels.

30 April 2018

A leading chipmaker's expansion here and what it means for Singapore

Channel NewsAsia

In a commentary on Micron Technology’s expansion plans, Assoc Prof Nitin Pangarkar says the company’s investment could have a multiplier effect on Singapore’s economy and attract future investments in semiconductor manufacturing.

25 April 2018

Noble Group lays out options as shareholder fight escalates

Nikkei Asian Review

Coverage of the spat between Noble Group and investor Goldilocks Investment Company. Assoc Prof Lawrence Loh says the case exposed a dilemma for regulator Singapore Exchange – at what point to step in, especially as it is not clear whether Noble has violated any rules.

23 April 2018

Cinemas see 7 percent dip in attendance last year

The Straits Times

To combat falling attendance, Assoc Prof Leonard Lee says cinema operators could introduce more attractive loyalty schemes for customers.

19 April 2018

Prolonged agony? Uber drivers, riders suffer as app limps on

TODAY

Instead of ordering Uber to continue running, Assoc Prof Lawrence Loh (Director, CGIO) says regulators should focus on setting the conditions for new ride-hailing competitors to enter Singapore.

20 April 2018

When construction noise impacts electricity consumption

The Business Times

In a commentary featuring his research on some 5000 HDB households over a three-year period, Visiting Prof Sumit Agarwal (Dept of Finance) found that families, who shut their windows and turn on air conditioners in response to noise from nearby construction work, tend to keep the machines running even when construction has ended.

18 April 2018

Neo Kian Hong the man for the top job, as he met ‘all the criteria’ sought by SMRT board

TODAY

Assoc Prof Lawrence Loh (Director, CGIO) says leadership credentials and experience are key for the SMRT post, and Mr Neo has a strong record from his time in the military and public service.

13 April 2018

Ride-hailing services: Promote competition or discourage usage?

The Straits Times

In a commentary, Assoc Prof Nitin Pangarkar (Dept of Strategy & Policy) says ride-hailing might be a cheap and popular transport option, but the high usage of private transport in a land-constrained Singapore might not be an appropriate long-term strategy.

10 April 2018

Sustainability reporting: listed firms report mixed experiences

The Business Times

Commenting on how companies should comply to Singapore Exchange’s new sustainability reporting guidelines, Assoc Prof Lawrence Loh (Director, CGIO) says firms should assess which ESG (environmental, social and governance) aspects are material to how they run their organisations. For instance, a healthcare business might look to the governance and social arenas, such as ethical practices and employee safety.

04 April 2018

Corporate governance progress flatlines for Singapore companies

The Business Times

Coverage of the 2018 ASEAN Corporate Governance Scorecard Singapore rankings. Assoc Prof Lawrence Loh (Director, CGIO) says there is a widening gap between large-cap companies and the rest in areas such as disclosure and transparency, as well as treatment and roles of stakeholders.

03 April 2018

How to level playing field for potential rivals to Grab

The Straits Times

In a commentary on Uber’s proposed sale to Grab, Asst Prof Yang Nan (Dept of Strategy & Policy) says the Competition Commission of Singapore should require Uber to divest some of its assets to another firm than Grab to maintain a significant competitive pressure on Grab in the ride-hailing market.

29 March 2018

Commentary: Grab-Uber merger will lead to monopolistic prices? Flawed thinking

Channel NewsAsia

In a commentary, Assoc Prof Nitin Pangarkar (Dept of Strategy & Policy) says consumers should not be alarmed as there is a cap to how the “new Grab” can raise prices, especially in a small country like Singapore. He says that even if there are monopolistic prices, consumers will respond by switching to public transport and taxis.

26 March 2018

New regulation drives bike-sharing operators forward, not burden them

TODAY

In a commentary, Asst Prof He Long (Dept of Analytics & Operations) and Asst Prof Yang Nan (Dept of Strategy & Policy) say LTA’s new licensing regime could move operators away from the mind-set of always looking to adding bicycles and to focus more on managing their fleets efficiently. This could even be the key to a sustainable success for the operators.

23 March 2018

Looking at workplace aggression through a new lens

The Business Times

In a commentary, Prof Vivien Lim says workplace aggression can cost employees their mental health and even their livelihoods. It can also lead to low morale, frequent absenteeism and high turnover of staff.

16 March 2018

Shop and play in the CBD all day every day

The Straits Times

Commenting on the challenges central business district malls face in drawing shoppers, Adjunct Senior Lecturer Regina Yeo says shoppers may not want to travel all the way there if what they want can be found at suburban malls.

13 March 2018

Behind the cryptocurrency mania, the secret sauce is Bitcoin’s blockchain technology

Channel NewsAsia

In a commentary, Visiting Senior Fellow Emir Hrnjic says blockchain technology has revolutionary potential, as it enables the transfer of value from one user to another without the need for an intermediary like a bank.

11 March 2018

Is a minimalist home the route to personal success?

Channel NewsAsia

In a commentary, Assoc Prof Leonard Lee asks if minimalism is about how we want to live or how we want to be seen.

09 March 2018

11 countries, including S’pore, sign landmark Asia Pacific trade pact

TODAY

Commenting on the signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, Assoc Prof Lawrence Loh says the trade pact comes at a crucial time especially when the US is going against the grain of free trade with its tariffs on steel and aluminium. Visiting Senior Fellow Alex Capri says the agreement is a repudiation of China’s regional ambitions and a validation of the need for a rules-based trading system.

08 March 2018

Golf buddies and board diversity

The Straits Times

In a commentary, Visiting Prof Sumit Agarwal and Assoc Prof Qian Wenlan discuss research findings that women are more likely to serve on the board of directors in low-female-representation industries if they play golf.

07 March 2018

Singapore and Malaysia stock trading link - Implications and challenges

TODAY

In a commentary on the upcoming Singapore and Malaysia stock market trading link, Associate Professor Yeo Wee Yong, Assistant Professor Zsuzsa Huszar and Dr Emir Hrnjic say the regulators of both countries need to need to work out issues such as settlement and custodian services for the link to be successful.

02 March 2018

Borrowing plan for infrastructure projects expands Govt’s fiscal envelop

Channel NewsAsia

In a commentary, Provost’s Chair and Prof Allaudeen Hameed, Cycle & Carriage Professor of Finance Duan Jin-Chuan and Senior Lecturer Zhang Weina (all Dept of Finance) say the Singapore government's plan to provide guarantees on long-term borrowings for infrastructure projects will lower the cost of borrowing and infuse projects with private sector due diligence.

26 February 2018

What does Singapore have to hear from escalating protectionism in the US?

The Edge

Commenting on the escalating tensions between China and the US, Visiting Senior Fellow Alex Capri (Dept of Analytics & Operations) says the US government will be looking to impose tariffs and sanctions to counter China’s economic might.

25 February 2018

SG Bonus a boost for economy

The Straits Times

In a commentary, Visiting Prof Sumit Agarwal and Assoc Prof Qian Wenlan (both Dept of Finance) say SG Bonus could help spur spending, stimulating economic growth, creating an impact similar to 2011's Growth Dividend programme.

23 February 2018

Why US sanctions are so lethal

The Diplomat

In a commentary, Visiting Senior Fellow Alex Capri (Dept of Analytics & Operations) says the US government’s sanctions and export controls have far-reaching jurisdiction and can disrupt global value chains, inflicting collateral damage on parties including suppliers, logistics firms, consumers and shareholders.

23 February 2018

S$5 per tonne tax rate ‘fair amount’ to pay for greenhouse gas emissions: Masagos

TODAY

Commenting on the new carbon tax announced during Budget 2018, Assoc Prof Toh Mun Heng (Dept of Strategy & Policy) says the publicly available data on the businesses emitting greenhouse gas has to be balanced between allowing them to remain competitive, and to be accountable to the public.

22 February 2018

Singapore Budget 2018: An economist's viewpoint on the Budget

The Business Times

In a commentary, Visiting Prof Sumit Agarwal (Dept of Finance) says the government has prepared a balanced budget where the surplus bonus helps boost consumption, infrastructure spending will attract new private investments, and the housing stamp duty tax hike corrects price growth in high-end housing.

14 February 2018

To cope with black swan events-hang in there

China Daily

In a commentary, Assoc Prof and Dean’s Chair Charles Shi (Dept of Accounting) says that the event of a market decline, overconfident investors tend to sell their holdings in hope of buying the shares back at a lower price.

23 January 2018

Introduction of dual-class shares by Singapore Exchange raises concerns

Channel News Asia

Assoc Prof Mak Yuen Teen (Dept of Accounting) says the move might not be enough to attract high-profile international firms as issues such as lack of investor confidence and low valuations remain unaddressed.

22 January 2018

Why financial markets like Trump

TODAY Online

In a commentary, Assoc Prof Nitin Pangarkar (Dept of Strategy & Policy) says organisations view President Trump as being more supportive compared to Mr Obama who had implemented many policies that were seen as hostile to business.

21 January 2018

Can influencers create the right Budget buzz?

Straits Times

Commenting on the Ministry of Finance’s initiative to engage social media influencers to raise awareness on the Budget process, Assoc Prof Ang Swee Hoon (Dept of Marketing) says it would be more appropriate to have a personality who has a business background or has discussed similar issues for the message to be seen as genuine.

05 January 2018

Keppel scandal holds lessons for Singapore Inc

The Business Times

Assoc Prof Mak Yuen Teen (Dept of Accounting) says Singapore companies have to be prepared to walk away from paying bribes, or risk damaging their reputation.

04 January 2018

Embrace mistakes

The New Straits Times

In a commentary, Provost’s Chair Prof Michael Frese (Head, Dept of Management & Organisation) says cultivating a corporate culture of being welcoming and open to mistakes can be compatible with one that values stability and control.

04 January 2018

Tax may affect choice of extra remuneration or dividends

The Business Times

In a commentary, Assoc Prof Simon Poh (Dept of Accounting) says controlling shareholders would, from a corporate governance standpoint, prefer to receive remuneration than dividends, given the stakes that they hold in companies.

03 January 2018

Datapulse Technology: going about it the wrong way

The Business Times

In a commentary, Assoc Prof Mak Yuen Teen (Dept of Accounting) questions if Datapulse Technology’s board has exercised reasonable diligence in its hasty acquisition of Wayco Manufacturing.

01 January 2018

Uber-Comfort tie-up may see taxi firms offering demand-based fares

Torque

Assoc Prof Chu Junhong (Dept of Marketing) says the joint venture between Uber and ComfortDelGro is an effort to resist competitor Grab’s growth.

15 May 2018

How sworn enemies toppled Najib but now pose a new risk to Malaysia

Bloomberg

Assoc Prof Lawrence Loh says Malaysia's political field needs to be careful in sustaining the harmony given the strong personalities and differing ideologies of Prime Minister Mahathir Mohamad and Anwar Ibrahim.

07 July 2018

No more errantly parked bikes? New regime promising, but requires some pain

TODAY

Assoc Prof Lawrence Loh says the bike-sharing operators are in a Catch-22 where they could lose customers if they impose deposits, or have to deal with errant customers if they do not implement deposits.