Unfortunately, there were numerous hotels along the lake but the Chinese were too shy to enquire which lakeside hotel earlier because they were afraid the American would 'lose face' for having given a vague address.Instead, they spent the morning hopping from one lakeside hotel to another looking for this American gentleman."A simple cultural difference threatened to scuttle a perfectly good working relationship.The Chinese business practice is vastly different from the Western method that most of us may be used to.Of course, with the Chinese economy opening up, China's joining of WTO and the Olympics in 2008, many Chinese business practice are now beginning to align with more conventional methods."I was recently involved in a business meeting that went sour and threatened to scuttle a good deal.Singapore is a multiethnic society comprising of Chinese, Malay, Indian and Eurasian communities.In most cases, you will encounter Singaporean Chinese as your business counterparts as they form the majority of the population.While there aren’t any specific rules on dating coworkers in many institutions, a reformed EY ladies’ man told The Capitalist that, in the spirit of fair play, new romances must be declared at the company when one partner is more senior than the other.
The American was furious as he had a tight schedule and that they were late and threatened to withdraw his purchase.It is important to adapt to the business culture of the respective partners and this section will offer advice and considerations when dealing with Singaporean associates as local customs have great influence on Singapore’s business style.Singaporeans are generally open and cosmopolitan in their outlook.Nana Wereko-Brobby, founder of elite matchmaking service Social Concierge, says that Goldman Sachs’ bankers can be some of her most discerning clients.“One of my female clients who left the bank will only date other Goldman Sachs workers, or people who’ve worked there.English is the working language while the official languages are Chinese, Malay and Tamil. Lunch is the preferred meal for business discussions.