What is so significant about Keppel O&M's Near Market, Near Customer strategy against Korean and Chinese yards?
Korean and Chinese yards will have to try to bring back as many jobs as possible back to their own countries to create more jobs for their locals while Keppel doesn't have to create more jobs in Singapore for more FTs as we have limited locals.
So this strategy of Near Market, Near Customer strategy will continue to work well for Keppel. This strategy will help to create more jobs for their locals. State-owned oil companies will love it. Right?
I am 60+ yrs old uncle living in HDB heartland who has retired @ 60 on 30 Sep 2016.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 and now becoming full-time retail investor. So I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I have two sons and one daughter; two working adult children and the youngest son is currently in his 1st year SUTD.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038
Last updated: 16 Oct 2016
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