I didn’t even know we made clothes

According to ANN, Singapore will lose its 7,000 textile jobs over the next few years as the scrapping of quotas takes effect.

… Singapore exports remain much more expensive than those from other countries. This is because labour costs here are high, and the number of workers with relevant skills is scarce.

Um. I think that means Singapore does not have a comparative advantage in the clothing manufacturing industry and we should get out. At least there are no signs of government protectionism; they’re too busy pouring money and public relations efforts into the semiconductor / sports / arts / biomedical science / etc., industry.