Monday, September 16, 2013

Monday, September 16


After spending a relaxing Sunday discovering Singapore's cosmopolitan high life, we were back in the classroom, taking a deep dive into social and political arena of South East Asia.  Located on the 13th floor of the National Library building, our classroom had a majestic view of brilliantly fashioned skyscrapers. A perfect blend of East and West, Singapore gives an impression of a young, bold and dynamic nation.

Irving Aw is consulting Valerie Lai regarding one of our tough questions
Dr. Cedomir Nestorovic, ESSEC's professor of geopolitics and international marketing, started his sessions by talking about South East Asia's geography, history, religious divisions, and military affairs. 

After lunch, Valerie Lai and Irving Aw, Partners at the largest law firm in Singapore, Rajah & Tann LLP, gave the group an overview of South East Asia's tax and investment environment, which pointed to a strong pro-business climate in the region. The students received answers on taxation, gaining entry, registering a business, operating costs, and many others. According to our discussion, the government has taken tough measures (such as corporate tax rates reduction and capping office rental rates) to facilitate entry and stay of entrepreneurs in Singapore.

Our passionate guide tells us about the history of Asian garnment
A visit to the Asian Civilizations museum gave us a broad, yet integrated perspective of pan-Asian cultures and an appreciation of rich cultures that make up Singapore's multi-ethnic society. While Singapore's founders came to settle here from any parts of Asia within the last 200 years, the cultures brought to Singapore by these different people are far more ancient. This aspect of Singapore's history seemed to be the main focus of our tour. After a delicious dinner at one of the best Italian restaurants in Singapore, our bus took us back to The Carlton hotel.