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Singapore Turns Colonial Airstrip Into Hub for Jet Engine Makers

Where have you been, my friend? Your absence was felt.

I was busy with a research, my friend, trying to meet the deadline for a first rough draft. Because it is a paper written jointly with a senior professor, I was compelled to follow it. I think that's the faith junior researchers have to go through until they have a chance to begin to torture their own students. LOL.
 
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Singapore success is due to a very effective leader, which is Lee Kuan Yew.

Singapore has become a hub to invest from Western companies in South East Asia, so the West that actually has another huge contribution there. The location is one of the main reasons for that success beside effective governance.

Singapore investment in Indonesia for instant is actually in majority done by Western Companies who set their business in Singapore. I believe 30 biggest company in Singapore is actually dominated by Western Companies like for instant their oil refinery industry that are owned by Westeners.

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This news talks is more about being a hub for foreign investment in aviation industry, especially Engine production (Western Companies) and Maintenance Industry.

And regarding Indonesia mentioning in the news, actually not Lion Air maintenance facility in Batam who become the main challenger for them in South East Asia, but rather GMF, a Garuda Indonesia subsidiary, last September GMF has operated the service hangar (the biggest in the world for small and medium aircraft) that will make GMF become world player if they can really maximize this facility. GMF itself has owned the biggest market in Indonesia in term of aircraft maintenance industry.

Talking about aviation Industry in South East Asia in general, I believe Indonesia is the number one in the region. I believe that within 2020 above, we will really have so much potency to challenge ATR aircraft in Asia with N 245 and N 270 program. There is also another similar program which is R-80, but I rather pessimistic with this particular project in term of financing, since the private company that initiate it.
 
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Singapore success is due to a very effective leader, which is Lee Kuan Yew.

Singapore has become a hub to invest from Western companies in South East Asia, so the West that actually has another huge contribution there. The location is one of the main reasons for that success beside effective governance.

Singapore investment in Indonesia for instant is actually in majority done by Western Companies who set their business in Singapore. I believe 30 biggest company in Singapore is actually dominated by Western Companies like for instant their oil refinery industry that are owned by Westeners.

-------------------------------------------------------------------------------------

This news talks is more about being a hub for foreign investment in aviation industry, especially Engine production (Western Companies) and Maintenance Industry.

And regarding Indonesia mentioning in the news, actually not Lion Air maintenance facility in Batam who become the main challenger for them in South East Asia, but rather GMF, a Garuda Indonesia subsidiary, last September GMF has operated the service hangar (the biggest in the world for small and medium aircraft) that will make GMF become world player if they can really maximize this facility. GMF itself has owned the biggest market in Indonesia in term of aircraft maintenance industry.

Talking about aviation Industry in South East Asia in general, I believe Indonesia is the number one in the region. I believe that within 2020 above, we will really have so much potency to challenge ATR aircraft in Asia with N 245 and N 270 program. There is also another similar program which is R-80, but I rather pessimistic with this particular project in term of financing, since the private company that initiate it.


Yes Singapore's success is largely due to effective leadership of a core group, with Lee Kuan Yew at the very center of it. I have a lot of respect for him. And yes he has been able to energize Singapore, making it a tech center, logistics hub and one of few financial capitals.

Talking about investment, being a financial hub Singapore has been pulling in tremendous amounts of FDI, reaching SG$141.57 billion in 2014 (latest 2015 data to be released), in which Japan topped the list and accounted for 25.2% of it. Excluding intermediaries (Cayman, BVI, Bermuda, which combined at 20.6%) other major investors are US, Luxembourg, UK, Hong Kong, Taiwan, Australia and South Korea. FDI in Singapore comes from East and West, while I believe some also come from ASEAN (rich households, corporates) indirectly through intermediaries.

Untitled8.png

Being a financial hub Singapore also records huge outbound investment (ODI), with capital from outside, as well as with capital from within since after all it has among the richest household in the world, and ranked 8th globally in terms of net investment position (NIIP; Net external assets, net of external liabilities including say inbound FDI).

NIIP.png

Singaporeans own huge net assets to conduct outbound FDI. For updates please check "IMF Special Data Dissemination Standard - Economic and Financial Data for Singapore", link:
Statistics Singapore - IMF Special Data Dissemination Standard - Economic and Financial Data for Singapore
 
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Singapore is a lesson for countries who blame "colonialism" for their poverty and failure.
LOL True.
Anyway, I know many people from some developing countries like blame all their leaders incompetence/corruption,nepotism, poverty and backwardness on the U.S,U.K,France and other western powers. That's an old music to be honest. Who cares?:pop:


Singapore was lucky to have a far sighted and pragmatic leader from the beginning, reason they are now among the most developed countries in the world. :cheers:

The Singapore success story can actually contribute to the Chinese. But not the way our friend Nihonjin thinks.

The success of Singapore build based on the Chinese threat model created by the Chinese and to some extend, Chinese communism themselves. For that is the motivation of the Singaporean rise.

During 1948-1990, there is a real chance on red scare will touch Singapore, especially with its predominant Chinese population (Russian is an minority in Singapore, if there are any) After the communist scare in Malay (In the form of Malaya Emergency) Singapore is basically the core faction to prevent their own country to fall in line with communist. Where by doing so, segregated the Chinese Singaporean and the rest of the population. It is this early scare have push the Singaporean into a more Western model which would allow free market development at the same time with restricted political belief.

Most Chinese in Singapore are not practice of Taoism nor Confucianism, rather most Chinese are Buddhist in religion, the country of Singapore top two religion is Buddhist (Nearly 40% of all Singaporean) and Christianity (Nearly 20% of all Singaporean).

However, after the communist fall, the next thing driving the Singapore development is the Chinese threat and what the world have done in order to contain it. While the Communist ideal is long gone, the Chinese have always been single-handedly credited with the current political structure of Singapore, which is western orientated. The west, particularly the US have taking a stride of interest in Singapore because of the Asia pivot, and thus invested heavily in Singapore political and economic sectors. Resulting a closer cooperation to US company and US government. The Singaporean themselves also feel threaten by the economic power Chinese process. And they were desperately trying to find a Counter Balance to the Chinese Market, in comes the American.

It's not hard to see where the Singaporean political preference lies. But in all, almost all of the Singapore Growth in the last 80 years or so were contributed heavily by the Chinese, mostly because of their threat to the region.

Here are some good article detailing how communism and Mainland Chinese (Not Singaporean Chinese) present as a threat to Singapore political and economical model.

The Communist Threat to Singapore

Singapore - The Communist Threat, 1945-63

SIA's China dominance under threat as Chinese carriers boost capacity - Yahoo Singapore Finance

Singapore’s chemical ambitions face Chinese threat | AJOT.COM

Well, everybody today knows that soviet inspired commie.model was a big failure that contributed to massive poverty all over the worrld, cult personality dictatorship, closed system etc.
Had the communist threat taken hold over Singapore like it did in N.Korea and Cuba, then we all know Singapore wont be any different from Pyongyang today.:rofl: Singapore was lucky to escape from thiss cancer.

Lee Kwan yew was smart and pragmatic(like Deng) in discarding dideology, opening his country up for investment/business to the West. It's no wonder that even today Singapore is still friendly/allied ot the West. Had he been an ideological zealot like Kim jung of Korea or castro of Cuba, or the mullahs of Iran, then his country will never have been what it is today. :agree:. AT THE END OF THE DAY WHHAT MATTERS IS YOUR OWN CITIZENS WELL-BEING, THE REST IS ALL BULLSHIT/SECONDARY. Only when a country that is wealthy,healthy and its people have high living standards that they will be respected anywhere they go around the world. Who cares if that country is friendly to the west? Only a few politicians with their delusional ego care, the common people just want to get along with their lives and live a good life:pop:

Huh...Even though my friend @Nihonjin1051 considers N.Korea Kim dynasty to be a model for other Asian countries to follow. :partay: lol
 
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Yes Singapore's success is largely due to effective leadership of a core group, with Lee Kuan Yew at the very center of it. I have a lot of respect for him. And yes he has been able to energize Singapore, making it a tech center, logistics hub and one of few financial capitals.

Talking about investment, being a financial hub Singapore has been pulling in tremendous amounts of FDI, reaching SG$141.57 billion in 2014 (latest 2015 data to be released), in which Japan topped the list and accounted for 25.2% of it. Excluding intermediaries (Cayman, BVI, Bermuda, which combined at 20.6%) other major investors are US, Luxembourg, UK, Hong Kong, Taiwan, Australia and South Korea. FDI in Singapore comes from East and West, while I believe some also come from ASEAN (rich households, corporates) indirectly through intermediaries.


Being a financial hub Singapore also records huge outbound investment (ODI), with capital from outside, as well as with capital from within since after all it has among the richest household in the world, and ranked 8th globally in terms of net investment position (NIIP; Net external assets, net of external liabilities including say inbound FDI).

Singaporeans own huge net assets to conduct outbound FDI. For updates please check "IMF Special Data Dissemination Standard - Economic and Financial Data for Singapore", link:
Statistics Singapore - IMF Special Data Dissemination Standard - Economic and Financial Data for Singapore



This is an example of doctoral-level writing and analysis, my friend. Superior writing style and critical thinking in display!
 
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LOL True.
Anyway, I know many people from some developing countries like blame all their leaders incompetence/corruption,nepotism, poverty and backwardness on the U.S,U.K,France and other western powers. That's an old music to be honest. Who cares?:pop:


Singapore was lucky to have a far sighted and pragmatic leader from the beginning, reason they are now among the most developed countries in the world. :cheers:

LOL, one city state with 2 million people is successful due in large part to Chinese work ethics and ambition and you claim the success due to SGP being colonized at one time. Yet you forget all the unsuccessful African countries and South Asian giant that your colonial forefathers messed up.

:disagree:
 
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Excuse me? Their ancestors may be from China, but don't forget about the Malays, Indians and Eurasians that assisted in the development of Singapore as well. For your information, neither the Chinese in Singapore would be pleased to associate themselves with China as well. We are Singaporeans first, then Chinese, Malay, Indian etc.
the biggest differentiating factor between singaporean chinese & mainland's is political one that shapes their outlook & behaviour.
I hope there be a change in political power in china.
 
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the biggest differentiating factor between singaporean chinese & mainland's is political one that shapes their outlook & behaviour.
I hope there be a change in political power in china.


Sorry, but I disagree with your stance. Singapore government is still looking to cooperate with China despite the difference in the political landscape. However, the major difference in my opinion here lies in the cultural background. Being a Malaysian, I am pretty sure you can relate to this.
 
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Sorry, but I disagree with your stance. Singapore government is still looking to cooperate with China despite the difference in the political landscape. However, the major difference in my opinion here lies in the cultural background. Being a Malaysian, I am pretty sure you can relate to this.
of course sing gov would deal biz with anyone inluding china, being pragmatic if there were benefits..
cultural background is not the main cause & issue but a result of political differences.
even proper china has diverse cultures herself & yet not an issue.
 
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LOL, one city state with 2 million people is successful due in large part to Chinese work ethics and ambition and you claim the success due to SGP being colonized at one time. Yet you forget all the unsuccessful African countries and South Asian giant that your colonial forefathers messed up.

:disagree:

Nope, I meant any country that chooses to close itself up to the outside world while refusing to trade with the West just because of some delusional ideological bullshit reason is doomed. That country will never be able toto fully tap or achieve its full potential.
Just imagine if Deng Xiaoping had not discarded mao's failed commie closed model ,what will China be today? Same as North Korea unst bigger and maybe even poorer.
So aa you can see if a country adopts a wrong system if governance, then it doesnt matter whether that country is confucian or whatever bla bla bla. It will still fail. :agree: IN this regard Singapore was indeed lucky to be one of the first asian country(after Japan) to follow western open system,free trade, cooperation,globalization, and not be ashame to learn from others as well etc.

So the system and leadership matters alot.
 
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