SINGAPORE (Oct 28): Imagine a crossroads. The traffic lights are not working and the junction is heavily congested with vehicles, with angry drivers stuck in the logjam for hours, honking and cursing each other. There is no way out of it because no one will give way.

Now, you could take a bulldozer to sweep away all the vehicles, destroying them in the process. It is highly effective but also very destructive.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply


Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook