everybody knows, even the old man admitted it but they just want to carry on.Originally posted by Fatum:a relative of mine, who works at NTU, told me that there were many many cases of PhD students, sponsored here on Singapore goverment's account, absconding after finishing their studies, breaking their bonds, running off to western countries .....

What meaningful and what impactful results has he achieved?Rather than questioning that, I would rather we focus on nurturing our own talent now, and not rely on the top scientists from everywhere in the world.
look at that face.Originally posted by googoomuck:
hee...
Rubbish... There is one job in which the wages are way ahead of first world standardsOriginally posted by Fatum:our cost of living may be fast approaching first world standards, but our wages certainly aren't .....![]()
If this biotech development can help us to spin off useful products or services at all so that it will overcome all the objections made by Dr. Lee and many others, let the billions of investments not be sucked into a blackhole but be proven and supported first with a easy-to-understand master plan the way it has been done for past industrialisation program under Dr. Winsemius.Originally posted by justcooler:From what i understand Mr Philip Yeo is trying to build up a biotech industy the same way he built up the petroleum industry. He got the old man support that's why billions are invested into to the so call life science in sg.
The petroleum industry is successful, cause our education system and social system are structured in a way to support such industy (manufacturing). Rule based process to produce series of homogeneous products, that are market tested. building on our geo advantage investors will be happy to set up shop here.
But Biotech is a totally different story, it require vast amount of knowledge in primary reseach, and innovative people to apply and test them. People who are will to take risk to venture into new drug targets that may take decades to develop and test (lacking in our system). It take US many decades to achieve a sustainable platform to support such activities. And our dearest gov expect to see return in less then a decade ??
In my view, why Dr Lee say and focus in few high growth areas will be approprate in sg setting. We need something to augment sg's economy and not to create a bottomless pit so as to suck dry the citizen. The wage hike of minister is already ..... sign.
So just hope that this bio tech venture that the country has setup will have some positive impact on the economy rather then negative. Have FT moving out of this huge investment is not very good news ....