Saturday, August 9, 2025

Happy 60th Birthday - Welcome to the Club


Well here you are at 60 years of age. We have come a long long way, from the image of a very tearful Mr. Lee Kuan Yew who on TV announced the formation of a brand new country who had practically no resources except for the brilliant vision, grit and never say die attitude of the founding father group of Mr Lee and his nexus of leaders, guided this small city with a deep water port into a metropolis with one of the world's highest GDP per capita PPP in a short 50 years.

What we have achieved in these 60 years is nothing short of an economic miracle. The envy of many worldwide, from the West to the East. A shining example how a small country can move from 3rd world to first world in a generation, the fact that Singapore exists and continues to thrive just goes to show that it can be done.

Key success factors for our miracle

1. Brilliant bold and leadership formented by action and enacting laws, many of them deemed 
    as very strict and almost draconian but they cleaned up and actually impacted the greater 
    society at large.

2. A hardworking population founded on the principles of :

(a) meritocracy
(b) honesty and incorruptibility
(c) hard work 
(d) multiple language fluency 
     (all Singaporeans learn at least 2 languages, English and the mother tongue from Pri One all the way to Pre- University) 

(e) Ethnic harmony
(f)  Religious harmony 
(g) Adherence to the Rule of Law

To be very honest, to achieve this at all levels of society was and still is a work in progress, BUT we are viewed by a great many countries as both a success in the realm of a highly developed economy with capitalist fundamentals and also as a progressive socialist society.

Our leaders need to continue forging new partnerships in trade, tourism and manage new citizen and permanent residency arrivals with a firm yet patient touch.

With the new tariff laws flying left right centre since DT took office, the Asian region is still rather shell shocked as to how to position business strategies since businesses depend on 

a) consistency on trade policy
b) stable government and its direction for at least the next 20 years

with everything else being equal Ceterus Parebos, how Singapore will move forward for the next 5 to 10 years 

I wish the 4G the best of times, we are with you, but do not let us down. 

 
 

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