With the economy mired in the deepest recession in decades and the declination of economic activity that has been compounded by continuing mortgage defaults, a historic decline in housing prices, falling equity values, illiquid credit markets, declining consumer confidence, and enormous and rapid job losses, companies have been struggling to keep their business afloat.
While every sign is pointing to a worsening economy, many insist that opportunity lies in every crisis. Indeed, the current economic crisis provides an extraordinary opportunity for every company to reevaluate its business processes and its human capital -- to survive the current crisis and to prepare for the economic boom that will inevitably occur. How can companies exploit this opportunity to gain a foothold in the market?
6:45pm Arrival of Guests and Registration
7:00pm Arrival of Mrs Lim Hwee Hua
7:05pm Welcome & Introductory Remarks by Simon Tay, Chairman, SIIA
7:10pm Short Speech by Mrs Lim Hwee Hua
7:15pm Dinner is Served and Informal Discussion round the table begins
Mrs Lim Hwee Hua was appointed Minister of State for Finance and Transport on 12 August 2004. She was promoted to Senior Minister of State for Finance and Transport on 1 April 2008.
Mrs Lim was elected Member of Parliament for the Marine Parade Group Representation Constituency in both 1996 and 2001, and for the Aljunied Group Representation Constituency in 2006. Between April 2002 and August 2004, she was the Deputy Speaker of Parliament and Chairman of the Public Accounts Committee.
Mrs Lim began her career as an Administrative Officer in the Ministries of Finance, Education and Law. In 1989, she joined Swiss Bank Corporation as an investment analyst and moved on to Jardine Fleming in 1992, where she served as Head of Research and Director of Business Development. In August 2000, she joined Temasek Holdings first as Managing Director of Corporate Stewardship and later, Managing Director of Strategic Relations.
An Overseas Merit Scholar, Mrs Lim graduated with a Bachelor of Arts (Honours) in Mathematics/ Engineering from the University of Cambridge in 1981. She also has a Master of Business Administration from the University of California, Los Angeles, majoring in Finance.
Mrs Lim is presently a member of the Central Executive Committee and Chairman of the Women’s Wing of the People’s Action Party.
Mrs Lim is married with a son and two daughters.
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