Heheh. I swear I'm psychic sometimes. But you skeptics will merely say, "Ahhhh, Mr Wang, you're not psychic, you just understand the PAP too well."Aug 21, 2006
Embrace talent, technology to secure S'pore's future: PM
Boosting population, tackling digital age and building 'heartware' pose long-term challenges, he says
By Peh Shing Huei
A GLOBAL city with citizens firmly anchored to the country and welcoming of new immigrants to add to its vitality.
That was the Singapore Prime Minister Lee Hsien Loong envisioned last night that would do best in a rapidly changing world.
Even as he sketched this vision, Mr Lee acknowledged that it would require both individuals and the nation to adapt to secure such a future.
Giving his third National Day Rally speech, he confessed at the outset that he had no 'goodies' to announce this year.
I've been perusing the many ST articles today on PM Lee's speech, trying to see what's new and significant. Not much, really. Plenty of old messages being reiterated - foreign talent good; Mr Brown bad; more babies needed; then there's a new, misconceived but somewhat unsurprising plan for the government to use "podcasts, vodcasts, humour and wit" to reach out Singaporeans (oooh, so hip and happening, this is funny, I'm laughing already).
We get a couple of points framed in a happy, positive manner - the ST reports that PM Lee notes a rise in the employment rate for older workers, especially for men aged 55 to 64. But there is a curious silence about how big or small the rise was; how many retrenched, older Singaporeans have now found jobs etc.
And a couple of self-congratulatory, simplistic statements like this: "Las Vegas Sands is pouring more than $5 billion into its Marina Bay integrated resort, a major commitment that is a vote of confidence in Singapore". Heheh, Las Vegas Sands already has multiple casino resorts in Macau (like this one). So they must be VERY confident about the Chinese Special Administrative Region of Macau too, despite the triads, the prostitutes and the drugs there.
As for this:
Well, well. Nigeria must also be one of the best places for high-quality investments, because Shell has had PLENTY of investments there for decades (and still does). Yet Nigeria is a hotspot for guerilla activity, civil war and political upheaval. Maybe Shell's choice of investment location doesn't have that much to do with the strength or quality of political leadership in the country? In the Singapore context, educate yourself. Go on, click here.The manufacturing sector is also attracting investments. Oil giant Shell plans to build a new multibillion-dollar petrochemical complex occupying Bukom and Jurong Islands, and two major investments in water fabrication have been secured.
These companies invest here not because Singapore has the lowest wages but because it is the 'best place for high-quality investments', Mr Lee said.