Kenneth Wong made a very good introduction to WFOE (or is it WOFE?) at SGentrepreneurs.
For many foreigners seeking to setup business in China, the Wholly-Owned Foreign Enterprise model is the the de facto model to go for.
However like another writer Gabriel Yong mentioned, there is “a large grey area when you want to do business […]
Archive for July, 2006
Can’t believe it. The famous Nigeria scan is now in Singapore - complete with UOB and Government of Singapore.
If only entrepreneur are as creative…
Have fun!
Good day,
My name is Mr Jacky Taichi. I train and work as an external auditor for the United Overseas Bank (UOB), working as part of a bigger team that covers the […]
I was look at this and think to myself. “How wonderful if I could document my company over 18 years like this!”
Regrettably I have no photos from my old venture. Sometime, I look back and wish I had collected those photos, from Aljunied (2) to Bukit Merah (2) to Orchard Road.
My China ventures had been […]
Do you laugh or do you cry?
Last week, I sent a water-proof camera sample and its software driver in a CD. Today the courier company that the package was stopped at the custom and returned because sending CD via post or courier is banned.
What?! Wait till you hear the reason.
It is a measure against piracy.
Oh […]
Yesterday was Sunday. We went to visit a bag manufacturer that is rushing some backpack for one of our client (which is well known, but shall remain unnamed).
As usual, the factory is way out of the city, almost an hour and a half drive.
As usual we arrived near noon, given a tour then […]
Bridging the culture gap with local partner
Published July 7th, 2006 in Startup, China and Day to Day. 0 CommentsDespite being Chinese by race, Singaporean Chinese still have a hard time understanding and adapting to the culture differences of the China Chinese.
An example is the roundabout relationship-authority-money interplay. For someone used to a culture that is direct and systematic, the Chinese way can be a rude shock.
What is this roundabout relationship-authority-money interplay you may […]
Paul Graham, from The Power of the Marginal:
“Rising up through the hierarchy of the average big company demands an attention to politics few thoughtful people could spare… I think that’s one reason big companies are so often blindsided by startups. People at big companies don’t realize the extent to which they live in an environment […]
If you do. Good for you.
I don’t.
Everytime someone ask me what I’m doing, it is something different. Even wonder why I don’t talk about what I do in detail? Because I do not know when it will change.
Well, the truth is I do know that I have a few major pieces that I’m putting together. […]
Compare this to this. Guess which site I read more?
I don’t get it why SPH is blocking readers at the door. I click on a link, see the sign in and leave immediately.
Frankly I never care about their news now that I’m outside of Singapore. Any news of importance are cover elsewhere too, why go […]
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