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Interview NTD Full Transcript.Pdf
INTERVIEW Mr Ngiam Tong Dow Singapore – International Medical Centre: A Missed Opportunity, or Not Too Late? By Dr Toh Han Chong, Editor The Singapore healthcare sector has been in flux and yet also in transformation. While well regarded internationally to be robust and reputable, it will continue to face imminent challenges. The speaker for this year’s SMA Lecture, Mr Ngiam Tong Dow, taps on his deep and wide experience in various ministries to offer insights and wisdom on many issues: Singapore as an international medical centre, the possibility of supplier-induced demand in healthcare, as well as his political vision and opinion on Hainanese chicken rice. This is the full version of the SMA News interview with Mr Ngiam. The contents of this interview are not to be printed in whole or in part without prior approval of the Editor (email [email protected]). (For the version published in our September 2013 issue, please see http://goo.gl/DDAcyd.) SMA Lecture 2013 Dr Toh Han Chong – THC: The upcoming SMA Lecture is titled Developing Singapore as an International Medical Centre. Why did you choose this topic? Mr Ngiam Tong Dow – NTD: In Economics, there are two types of economies – production-based and knowledge-based. The former depends on land, labour and capital, but it is the latter that Singapore really needed. This was clear to me as Chairman of Economic Development Board (EDB) in the 1980s. We could not offer cheap labour and cheap land for long. We needed to have a significant niche. At that time, we identified two key areas. -
Jurong Fishery Port (P
Jurong Fishery Port (p. 55) Jurong Railway (p. 56) Masjid Hasanah (p. 67) SAFTI (p. 51) Fishery Port Road A remaining track can be found at Ulu Pandan Park Connector, 492 Teban Gardens Road 500 Upper Jurong Road Established in 1969 at the former Tanjong Balai, this fishery between Clementi Ave 4 and 6 port handles most of the fish imported into Singapore and is also a marketing distribution centre for seafood. The Jurong Fishery Port and Market are open to public visits. Jurong Hill (p. 61) 1 Jurong Hill Following Singapore’s independence in 1965, the Singapore Opened in 1966, Jurong Railway was another means to Armed Forces Training Institute (SAFTI) was established to transport raw materials and export finished products from the provide formal training for officers to lead its armed forces. industrial estate. Operations ceased in the mid-1990s. Formerly located at Pasir Laba Camp, the institute moved to its current premises in 1995. Jurong’s brickworks industry and dragon kilns (p. 24) Following the resettlement of villagers from Jurong’s 85 Lorong Tawas (Thow Kwang Industry) and 97L Lorong Tawas surrounding islands in the 1960s, Masjid Hasanah was built Science Centre Singapore (p. 65) (Jalan Bahar Clay Studios), both off Jalan Bahar to replace the old suraus (small prayer houses) of the islands. 15 Science Centre Road With community support, the mosque was rebuilt and reopened in 1996. Nanyang University (p. 28) Currently the highest ground in Jurong, this hill provides a 12 Nanyang Drive (Library and Administration Building); vista of Jurong Industrial Estate. In the late 1960s, the hill was Yunnan Garden (Memorial); Jurong West Street 93 (Arch) transformed into a recreational space. -
World Bank Document
PW -ZM/fl.\-. ' ' ttl'lF. U Y Q I A tt?blsD1^ ffR E ST R IC TE D Report No. DB-55a Public Disclosure Authorized This report was prepared for use within the Bank and its affiliated organizations. They do not accept responsibHftv fnr its ntrorvn r rnmnpltenes The report may not be published nor may it be quoted as representing their views. TMTVPMATT(hNAT&L BANK PC)R RECONSTRUCITION AND DTlVP.T.CPMVNT INTPRNATTCONAT DEVELOPMENT ASSOCTATION Public Disclosure Authorized APPRAISAL OF DEVELOPMENT BANKC OF SINGAPORE LTD. Public Disclosure Authorized December 29, 1969 Public Disclosure Authorized Development Finance Companies Department Currency Equivalents 3$ 1 US$ C).327 US$ 1 ,S$ 3.06 S$ 1 million = US$327,000 APPRAISAL OF DEVELOPMENT BANK OF SINGAPORE LTD. CONTENTS Page Paragrc+h SUTPINARY i - ii i - vi.i I. 2ITRODUCTION 1 - 2 1 - 2 II. ENVEIRONMENT 1 - 5 3 - 21 Recent Economic Growth 2 4 Industrial Expansion 2 - 5 - 8 Industrial Finance 2 - 9 9 - 21 III. ESTABLISHIDENT OF DBS 5 - 9 22 - 38 Formation 5 22 - 24 Scope of Operations 5 - 6 25 - 26 Ownership 6 - 7 27 - 30 Board of. Directors 7 31 Executive Committee 7 - 8 32 - 33 MlaInagement and Staff .8 - , 3) = 3 vT. RESOURCES ldrID PFOOR`TFOLIO -l 1 1 39l GP Resources 9 - 39 - 4 Loan Portfolio taken over from 7B 10 - 11 42 - 46 Undisbursed EDB Commitments 11 47 EDBis Equity Portfolio 11 48 V. POLICIES AhD PROCEDuRES 12 - i4 49 - 58 Policies 12 - 13 49 53 Procedures 13 - 1 5 - 58 VI. DBS'S OPERATIONS l - 18 59 - 67 Summary of Operations 14 59 - 60 Long-term Lending Operations 15 - 16 61 Light lndustries Loans 16 62 Equity Investments 17 63 Conmercial Banlcing Operations 17 6L Guarantees 17 65 Underwriting Activities 17 66 Real Estate Operations 17 - 18 67 Page Paragraph VII. -
Planning for Tourism: Creating a Vibrant Singapore
Planning for Tourism: Creating a Vibrant Singapore A common misconception is that tourism policy primarily focuses on promotion and marketing campaigns. While these activities are essential, another important but STUDIES URBAN SYSTEMS sometimes overlooked aspect is how creative city planning can support tourism promotion, and consequently, how the needs and goals of tourism policy can influence development and planning decisions. In Singapore, tourism has shaped the built environment, influenced conservation and heritage policies, and enhanced quality of life for Singapore’s residents. The industry has also helped to anchor Singapore’s global reputation and attractiveness as a place to conduct business, study and live. a Vibrant Singapore Planning for Tourism: Creating This book will examine how Singapore’s tourism strategies Planning and city planning support each other. It should be noted that even though the Singapore Tourism Board does for Tourism: not typically own the tourism assets in Singapore, it nonetheless plays an integral part in aligning government agencies, private firms and civil society to Singapore’s Creating long-term tourism plans. a Vibrant “ No one ever dreamed tiny Singapore could accommodate millions of tourists. Yet, we made it happen. Singapore We did not build castles in the sky. Based on calibrated decisions, made hand in hand with the urban planners with inputs from private sector developers, we built what we needed. The pages of this book share how it all happened.” Pamelia Lee, Former Senior Consultant to -
Dialogue with Minister Mentor Lee Kuan
DIALOGUE WITH MINISTER MONTOR LEE KUAN YEW AT THE ASSOCIATION OF BANKS IN SINGAPORE’S 37 TH ANNUAL DINNER TRANSCRIPT OF MINISTER MENTOR LEE KUAN YEW’S DIALOGUE ON 25 JUNE 2010 AT SHANGRI-LA HOTEL Moderator : “Good evening, ladies and gentlemen, friends and colleagues. It is indeed a privilege to have Minister Mentor Lee Kuan Yew join us for a dialogue. I’m pleased to be your moderator. But really, my job is to warm up the Minister Mentor to have a dialogue with you, rather than with me. Not that he needs warming up…actually, you need warming up. So I’ll ask the first few questions. Minister Mentor doesn’t need any introductions so I propose that we get started right away. So please do think of the questions you want to ask. “I should start by saying that I must complement the Minister Mentor for his sartorial elegance. I have not seen Minister Mentor looking so good for a long time. Let me start, Minister Mentor, by taking you back 40 years. The financial sector in Singapore – the audience here and the institutions they represent – has been an important contributor to Singapore’s GDP for over 4 decades. And the question I have, really, is, ‘what was it that made you and Dr Goh believe that financial services would succeed in Singapore? What was the vision then? What was in your head when you launched…(the financial centre)’ Mr Lee : “But first, let me explain my attire. I was in Beijing recently and there was a Singaporean there who was doing a big job in the clothing business. -
UNDP and the Making of Singapore's Public Service
UNDP and the making of Singapore’s Public Service Lessons from Albert Winsemius © 2015 UNDP Global Centre for Public Service Excellence # 08-01, Block A, 29 Heng Mui Keng Terrace, 119620 Singapore UNDP partners with people at all levels of society to help build nations that can withstand crisis, and drive and sus- tain the kind of growth that improves the quality of life for everyone. On the ground in more than 170 countries and territories, we offer global perspective and local insight to help empower lives and build resilient nations. The Global Centre for Public Service Excellence is UNDP’s cata- lyst for new thinking, strategy and action in the area of public service, promoting innovation, evidence, and collaboration. Disclaimer The views expressed in this publication are those of the author and do not necessarily represent those of the United Nations, including UNDP, or the UN Member States. Cover images Vanessa Leong Yi Tian Printed using 55% recycled, 45% FSC-certified paper. Photo: UNDP GCPSE Contents Foreword i Introduction 1 1. The Singapore that was 2 2. Earlier international assessment and reports 3 3. Why Winsemius? 5 4. The EPTA / UNDP Mission – Getting the team right 8 5. The Mission’s work in Singapore 10 6. Impact of the EPTA / UNDP Mission’s report 14 7. The Common Market and the union with Malaysia 17 8. Becoming the “global city” 20 9. In Winsemius’ view – Five phases of Singapore’s growth 24 10. The ‘UN-orthodox’ economist 30 11. UNDP and the making of Singapore’s public service 35 12. -
Industrial Infrastructure: Growing in Tandem with the Economy – Industrialisation Has Driven the Singapore Urban Systems Studi
Industrial Infrastructure: Growing in Tandem with the Economy – Industrialisation has driven the engine of Singapore’s remarkable economic transformation since it gained internal self-government. This economic growth has developed in tandem with the industrial infrastructure landscape – its foundations were laid first in standard factories, and as the economy moved up the value chain towards a knowledge- driven phase, with ever more specialised industrial parks and innovative solutions. Singapore has had to deal with the constant challenge of staying relevant and competitive, while addressing the inherent constraints of land and labour. It is a story of visionary leadership, strong institutions, planning over a long-term horizon but adjusting flexibly in the short term, using crises as opportunities for learning and change, working with markets, and constant innovation. This study presents the progression of Singapore’s economic policies over the various phases of growth, and the corresponding developments in the industrial infrastructure. It also delves into how this integrated approach has occurred through the dynamics of the institutional structures and Singapore’s strategic industry choices over the years. The Singapore Urban Systems Studies Booklet Series draws on original Urban Systems Studies research by the Centre for Liveable Cities, Singapore (CLC) into Singapore’s development over the last half-century. The series is organised around domains such as water, transport, housing, planning, industry and the environment. Developed in close collaboration with relevant government agencies and drawing on exclusive interviews with pioneer leaders, these practitioner-centric booklets present a succinct overview and key principles of Singapore’s development model. Important events, policies, institutions, and laws are also summarised in concise annexes. -
Of Southeast Asia Has a Long History of Making Life Better for Its Northern Neighbors
AUTOMATION & THE FUTURE ofSoutheast Asia MYANMAR lliAILAND INDONESIA Southeast Asia: Fourth-largest global market afterthe U.S., China & EU by 2030 -J.P.Morgan � Asian Robotics '-'--REVIEW-- Copyright2019 Asian RoboticsReview LLC All rights reserved Southeast Asia: The Bounty & Promise of ASEAN Food, consumers and industry in exchange for investment and technology 1. Going Forward It’s All About Infrastructure Traditional, labor-intensive manufacturing moving from China to ASEAN nations 4. Korea Adds Robotics to Smart Vietnam Strategy Korea makes smart, decisively bold moves into the ASEAN, especially with Vietnam 7. Singapore: Seeking a Bridge Between Can robotics become a key contributor in shift from simply “adding value”? 12. $321B in ASEAN Infrastructure Funding to Drive Automation May well be the jewel in the crown of Asia’s future 21. Malaysia’s Robot City Gets Cranking Seeking its own piece of Industry 4.0, Malaysia looks toward digitally-driven manufacturing 26. Thailand’s $45 Billion Leap to Industry 4.0 Newly approved plan favors 10 key industries, with robotics and logistics carving out 31. a $6 billion share Myanmar Awakening: New Automation Frontier Forecast to nearly triple GDP by 2030: $69B to $200B 36. Japan Gets Cozy with Thailand Can Thailand become kingmaker of robot-driven automation along the Mekong? 42. Is Thailand Next to Go Digital? Sure Looks That Way Investment, infrastructure, new-tech automation, and digital living converge 48. Staying Hot: Logistics Market in Southeast Asia It’s like China all over again! From $36B to $55B 54. Robotics & Automation in a “New” India The face of a “new” India is clearly visible, yet will it emerge amid steep challenges? 58. -
102 LIVE FREE Old Frees’ Contribution to Singapore’S Success Story
CHAPTER Old Frees 9 Profiles 102 LIVE FREE Old Frees’ Contribution To Singapore’s Success Story What is astonishing too is that the Penangites in Singapore’s administration and three judges mentioned – Tan Ah Tah, the professions that if all were to return home, The Judiciary AV Winslow and JWD Ambrose were all Singapore would not be able to function! Queen’s Scholars. Lawyer and Old Free Kok Weng On And it is not just the judiciary that pointed out, “At one time in the history Old Frees have dominated. They have also of Singapore, the judiciary was almost occupied some of the highest levels of other completely ‘run’ by Old Frees — from the areas of Singapore’s public service as well as Chief Justice and the judges, the Chief t is a well-known fact that Old Frees in private enterprise. Registrar, the Attorney-General and the have dominated some of the top Singapore’s first Speaker of Parliament, Solicitor-General. The legal might of Penang positions in Singapore’s public service Yeoh Ghim Seng, a prominent surgeon, was Free School!” I- a tribute indeed to the calibre of students an Old Free. So was Lim Ho Hup, described who have gone through the portals of the by former PM Lee as the “lieutenant” HOW IT CAME ABOUT venerable Penang Free School (PFS). of then chairman of the Economic How, you might ask, did all this come about This is most apparent in the case of Development Board, Hon Sui Sen (himself – that is, the prominence of Old Frees in Singapore’s Judiciary. -
First World Country
The current issue and full text archive of this journal is available on Emerald Insight at: www.emeraldinsight.com/1727-2645.htm Five secrets Why Singapore works: five of Singapore’s secrets of Singapore’s success success Jon S.T. Quah Anti-Corruption Consultant, Singapore 5 Abstract Received 1 March 2018 Purpose – The purpose of this paper is to explain why Singapore is a success story today despite the fact Revised 10 May 2018 that its prospects for survival were dim when it became independent in August 1965. Accepted 12 May 2018 Design/methodology/approach – This paper describes the changes in Singapore’s policy context from 1959 to 2016, analyses the five factors responsible for its success and concludes with advice for policy makers interested in implementing Singapore-style reforms to solve similar problems in their countries. Findings – Singapore’s success can be attributed to these five factors: the pragmatic leadership of the late Lee Kuan Yew and his successors; an effective public bureaucracy; effective control of corruption; reliance on the “best and brightest” citizens through investment in education and competitive compensation; and learning from other countries. Originality/value – This paper will be useful to those scholars and policy makers interested in learning from Singapore’s success in solving its problems. Keywords Singapore, Corruption, Education, Policy diffusion, Lee Kuan Yew, Pragmatic leadership, Effective public bureaucracy, Competitive compensation Paper type Research paper Explaining Singapore’s success Singapore is the smallest of […] Asia’s four “Little Dragons” […] but in many ways it is the most successful. Singapore is Asia’s dream country. -
Prime Minister's Tribute to the Late Mr Hon Sui Sen In
1 PRIME MINISTER’S TRIBUTE TO THE LATE MR HON SUI SEN IN PARLIAMENT ON 20 DECEMBER 1983 It is with a heavy heart that I pay this tribute in memory of Hon Sui Sen. From August 1970 to October 1983, he was the Finance Minister. He steered our economy through two oil crises. But for a mild hiccough of the low 4% growth in 1974 he secured an average of 8½ % real growth for this period. In his unassuming way, he never claimed any credit for it. In truth he had worked for the 11 years previous to 1970 to help lay the foundation for this success. As Permanent Secretary ( Economic Development ) in Finance Ministry from 1959, Chairman EDB 1961-68, Chairman and President DBS 1968-1970, he helped Goh Keng Swee to work out the strategy for our economy transformation. At a micro-level, he was Chairman of nine companies the Government held equity in - National Iron & Steel Mills Ltd Jurong Shipyard Ltd Sembawang Shipyard (Pte) Ltd Keppel Shipyard (Pte) Ltd Neptune Orient Lines Ltd Jurong Shipbuilders Ltd Singapore Electronic & Engineering Ltd lky/1983/lky1220.doc 2 The Insurance Corporation of Singapore Ltd Singapore Petroleum Company He was also a Director of INTRACO. In 1970 I was confronted with the awesome prospect of moving Goh Keng Swee from the Ministry of Finance to Defence. Ministry of Defence needed him to move from the first stage of basic military training to the second stage of weapons systems and brigade structures. I was in a quandary. An inadequate Finance Minister would be a disaster. -
Government-And-Thiversities Tabfoie-Du-De the Pressures for Expansion, While Still Supplying Vital Skills Needed for Development? (Author/LBH)
DadOKENT --------- - ED 134 109 HE 008 590 AUTHOR Tapingkae, Amnuay, Ed. TITLE Higher Education and Economic Growth in Southeast Asia. INSTITUTION Regional Inst. of Higher Education and Development, Singapore. PUB D:STE 76 NOTE 96p.; For related studies, see HE 008 588-590 AVAILABLE FROM Regional Institute of Higher Education and Development, CSSDI Building, Henq Mui Keng Terrace, Singapore 5 ($6.00) EDRS PRICE MF-$0.83 Plus Postage. HC Not kvailable from EDRS. DESCRIPTORS Campus Planning; Costs; *Developing Nations; Educational Demand; *Educational Economics; *Educational Supply; *Foreign Countries; Government Role; Growth Patterns; *Higher Education; *Manpower Needs; School Expansion; Universities IDENTIFIERS *Asia (Southeast); Indonesia; Malaysia; Singapore; Thailand; Vietnam ABSTRACT This research project, which was originally mounted in five countries--Indonesia, Malaysia, Singapore, Thailand, and Vietnam--is concerned with four key questions. They are:(1) What are the social and economic forces that contribute to the rapid expansion of universities in Thailand, Malaysia, Indonesia, and Singapore? (2) What are the monetary and nonmonetary costs and benefits of this expansion? (3) Is this expansion warranted by or necessary for economic growth? (4) If the expansion is-unwarranted, what steps can government-and-thiversities tabfoie-du-de the pressures for expansion, while still supplying vital skills needed for development? (Author/LBH) ********************************************************************* * Documents acquired by ERIC include many informal unpublished * materials not available from other sources. ERIC makes every effoit * * to obtain the best copy available. Nevertheless, items of marginal * * reproducibility are often encountered and this affects the quality * * of the microfiche and hardcopy reproductions ERIC makes available * * via the ERIC Document Reproduction Service (EDRS).