Singapore’s founding father Lee Kuan Yew once said in an interview with New Perspectives Quarterly: “Air conditioning was a most important invention for us, perhaps one of the signal inventions of history. It changed the nature of civilisation by making development possible in the tropics.”
In Singapore, after all, the temperature can reach 32°C all year round, a discomfort compounded by consistently high humidity. Climate change and urbanisation continue to exacerbate these conditions and, as a result, air conditioning is a huge market in Singapore. The leader of this market is Daikin Airconditioning (Singapore), which has serviced the tiny city–state since 1968.
“Singapore is quite advanced,” says Managing Director Liu Shaw Jiun. “The nation is adopting strategic policies around high-efficiency household air conditioning and so on, and they’re now going to smart air conditioning. They’ve introduced this as a nationwide initiative. Daikin has been a pioneer in the air-conditioning industry, and I’m able to map our company’s strength against the national agenda to differentiate Daikin Airconditioning (Singapore).”
This story is from the October 2019 edition of The CEO Magazine Asia.
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This story is from the October 2019 edition of The CEO Magazine Asia.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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