Note: I recorded this video 3 months ago, which is why it says 100K subs. Thanks for watching. Check out other videos on Singapore here: kzbin.info/aero/PLKtxx9TnH76TS34YoUFNgTdAB1qNE4wTK
@Kreativtsinne3 жыл бұрын
Any comment on the Pengerang Integrated Oil Complex (RAPID) built by Malaysia just next door? It just started operating and how will this affect Singapore as the oil hub in the region?
@jimurrata67853 жыл бұрын
42% growth in a quarter is mighty impressive! I'm glad to see your channel is getting so much traction Jon. You have a great perspective and insight on topics that interest many of us. Congratulations
@tanjoy02053 жыл бұрын
Pls do one on temeask holdings or GIC and their history/investments as they are so have little information on them .
@mwkcheng3 жыл бұрын
Your videos are great and surely you deserve to get way way more than 100k subscribers.
@cl20sweeheng493 жыл бұрын
I live singapore
@1337hacks3 жыл бұрын
1:48 Singaporean here, can confirm that the robust supply of cats is one of the biggest drivers of our productivity growth. The advent of cat videos on KZbin in the early 2000s only augmented that growth.
@SBK24803 жыл бұрын
Lol, I'm also in Singapore and can confirm - my neighbor has a cat that's always watching us from their doorway, reminding us to be productive
@Hugin-N-Munin3 жыл бұрын
I'm assuming that the cat-egory of 'cat' includes both fluffy ones and those waving ones, right? I'd never really considered the economic impact of of feline populations. Is it a propinquity or density dependent impact? Is it a positive externality? Is it an externality at all? So many questions
@centurion19453 жыл бұрын
Truly the level of detailed analysis we've all come to expect from Asianometry
@ridhwansuriyathardi44163 жыл бұрын
Yes, our cats are our productivity masters
@MasouShizuka3 жыл бұрын
Man, the cats when I go outside stare at me as if they will hop into my room and kill me lol.
@philippm.32443 жыл бұрын
This is actually one of the biggest "secrets" of Singapore. Nowadays, when tourists visit Singapore, they only see shiny hotels and beautiful parks. What they miss is how Singapore's wealth is actually created. Jurong island can be seen from the coastal side, it's massive...!!
@miallo3 жыл бұрын
If you are at the beach of Sentosa you will see the oil refinery on Pulau Bukom. Actually you will hardly see the horizon because of the refinery and all the oil tankers. It is not invisible, but I agree that in general it is a bit hidden from the usual tourist spots
@@miallo Land planning is a serious policy domain in Singapore. I lived in SG for 10 years. I never visited Jurong Island. Indeed, I set foot in Tusa (another massive reclaimed area) only twice for meetings. On both occasions, I nearly could not get back to the city (around 5pm), because no taxis were near that newly reclaimed land mass in the west. Town planning means that most people have no good reasons to venture into those industrial areas.
@johntora13 жыл бұрын
@@jays9591 Tuas
@bell-xk5dd3 жыл бұрын
@@jays9591 The whole area where the refineries are is heavily guarded by surveillance cameras and soldiers...
@DerekWoolverton3 жыл бұрын
I remember taking the bus from Singapore to Malaysia, and along the causeway were three large pipes. A local explained that two of those transported untreated water to Singapore. The third one returned some of the treated water back to the city of Johor in payment.
@sdprz78933 жыл бұрын
That is actually quite mind-blowing
@jysm33023 жыл бұрын
whats more mind-blowing is how Malaysia repeatedly likes to use the water pipes as leverage.
@johnlzr3 жыл бұрын
In addition, the cost of constructing and maintaining the reservoir, pump facility, pipes are paid by Singapore.
@fredtan15063 жыл бұрын
@@johnlzr Singapore needs the precious water. She has to pay for infrastructure.
@thecounselor73413 жыл бұрын
@@jysm3302 whats more mind-blowing is how every countries have different levererage on each others. Its how the world works.
@christan93593 жыл бұрын
Singapore founding fathers are incredibly entrepreneurial and farsighted. They did stuff one after another which the world was still wondering about back then, and these are regarded as common wisdom. This is remarkable concerning a country's willingness to take risk and any bad risk has catastrophic consequences. I am thankful for the brilliant foresight of my founding fathers in all the undertakings that make up the fascade of Singapore.
@davidw86682 жыл бұрын
Lol you mean the British education and law System and Western Industrial technology? Or what do you mean specifically?
@Mikasks2 жыл бұрын
@@davidw8668 ah it seems like we have an ignorant westerner here. Don’t make us look bad.
@arthas6402 жыл бұрын
@@Mikasks the british and Dutch did establish a strong entrepreneurial attitude and some of the early leaders of Singapore were british educated or had been part of british companies. Singapore was a thriving port and trading hub built from nothing by British and Dutch traders and some of the early post independence investors were from british Hong Kong. the Singaporean leaders did take some massive risks on unproven ideas they thought would succeed and like many famous entrepreneurs their calculated risk paid off.
@dont_listen_to_Albo Жыл бұрын
Deputy PM Goh Keng Swee was credited by Lee Kuan Yew as being able to see 30 years ahead.
@titanicisshit1647 Жыл бұрын
@@davidw8668 as if you had any part in creating those things
@MsEverAfterings3 жыл бұрын
I recommend reading "Bold Vision: The Untold Story of Singapore’s Reserves and Its Sovereign Wealth Fund". It talks about how Singapore founded GIC when it was unprecedented for a non-oil country to have a Sovereign Wealth Fund. Dr. Goh Keng Swee was instrumental in its conception. I am always amazed how fucking crazy and bold our founding fathers were.
@ongsengkee25303 жыл бұрын
The late goh keng swee is a former malaysian. Malsysia's loss is singapore's gain.
@Pajeetpoopram3 жыл бұрын
@@ongsengkee2530 no need to point out utterly pointless information spewed out from your mind
@lzh49503 жыл бұрын
Now Singapore's Raffles Hotel & Asia Sq office towers have also been bought by Qatar's sovereign wealth fund too I think
@ravianantharamaiah75673 жыл бұрын
What would be interesting is to track what the new generation of civil servants and ministers are upto, so that a similar incredible story can be told a few decades down the lane. Singapore's succession planning is also critical for the continuity of the "crazy and bold" initiatives that made the tiny island a growling LION in the world.
@tanjoy02053 жыл бұрын
I though I was the only one who listened to that .
@charlesmanning34543 жыл бұрын
Civil servants with broad executive power with the know how and desire can be a great asset to a country. Civil servants with broad executive power but without the knowledge or with a desires other than the advancement of their society can be a great bane. The problem is you don't know how any particular person will turn out until you give them the power and once you give them the power it's very hard to take it back. Singapore has been very lucky in that respect .... so far.
@leechps3 жыл бұрын
It is quite fascinating to learn that tiny Singapore having one of the largest petrol chemical refinery in the world . Well done on the in-depth research and analysis !
@fredtan15063 жыл бұрын
Petro chemical is a dying business.
@TheViettan283 жыл бұрын
@@fredtan1506 Nah. It may die in Sing but people still need those products every day.
@bell-xk5dd3 жыл бұрын
@@TheViettan28 While other countries are buying our petrol, Singapore is developing solar energy island wide, another open secret.
@lzh49503 жыл бұрын
@@bell-xk5dd Singapore being densely populated doesn't have much land, so it's shrewedly placing its solar panels on high-rise apartments' roofrops & floating on reservoirs
@lzh49503 жыл бұрын
@@TheViettan28 There's been proposals that Singapore could use its refineries to produce other chemicals from petroleum too, besides fuel
@PavlosPapageorgiou3 жыл бұрын
Your videos are so informative, well-presented, sometimes even inspiring. While in the west we're used to either big personality CEOs or boring decline, the theme in several of your videos is how Asian nations achieved success through decades of sensible, focused, well-managed progress.
@indrasiswanto11612 жыл бұрын
This is one big ideological different between the East and the West, generally speaking. Although both using the label "democratic countries" In the East, one strong centralize power is consider ok, while in the West is consider a taboo. A strong center power with the right mind-set to improve the country economy, you can be come Singapore, but if the leaderships are corrupts and no real interest to look out for their people, it turns into Venezuela. The West emphasis on "check and balance", therefore from policy to execution take forever, and they always never ended up the same as the original policy intended to. It is because so many different interests (many are self interest or driven by their financial backing) and politics. If China changes her label from "communist" to "capitalist" then the West will say, "the democratic system works in China."
@diebesgrab Жыл бұрын
This is literally why I exist. My father was a chemist working for an oil company in the late 70s. He got transferred to Singapore and met my mother.
@tttan18433 жыл бұрын
Another thing many people don't know is that Tiny Singapore is the biggest manufacturer of Oil Rigs. Very hugh industry and sub industry. Also benefits the hotels and service apartments. Tons of engineers are sent here to check the status of the rig building. Just go check service apartments rates in Singapore.... It's crazy, minimum $2.5k a week for a studio.
@QzSG3 жыл бұрын
Hahahah the fact that you called it the "G" goes to show the amount of research u put in for all your videos. Kudos!!
@kancheongspidergaming3 жыл бұрын
He definitely read Facebook really well, because that's what everyone uses whenever news outlets publish an article related to politics and comes the whole shitstorm against the 'G'.
@benzzoy3 жыл бұрын
G is too atas. He will only earn his Ph.D in colloquial Singaporean when he uses "Gahmen people" correctly in a sentence.
@starsoffyre3 жыл бұрын
Singaporean here. I worked my first job at ExxonMobil. Jurong Island actually houses ExxonMobil's largest refinery outside of the US.
@chanakyaer568011 ай бұрын
That’s a great organisation? Are you still working with the same?
@starsoffyre11 ай бұрын
@@chanakyaer5680 Nope I've moved to tech and work at Amazon now. But Exxon is a great brand name on the resume
@XxLIVRAxX3 жыл бұрын
As a venezuelan this video is both fascinating and incredible frustrating.
@realtorkevinfung3 жыл бұрын
I feel your pain.
@carlrodalegrado41043 жыл бұрын
You have the "resource curse" and a bad administration while Singapore has strategic location with a stable semi-police state government.
@MinhajMalik3 жыл бұрын
How’s the situation back there?
@biocapsule73113 жыл бұрын
Viewing as a Singaporean, one of Venezuela's biggest problem (and to an extend all of South America) is geography. It's not just 'resources curse', but also the continent's location makes practically every country in South America very vulnerable to US sanctions. The US don't simply intervene, they would have an easy time of it, easier then every other continent, because most trade route of both North and South Americas pass through US sphere of influence. Regardless of how people felt about the government system, South American governments has good reasons to be paranoid about the US, because the US can easily make things every difficult. It isn't simply a matter of bad administration, South America has a geo-political vulnerability far worst then that of Australia have with China.
@carlrodalegrado41043 жыл бұрын
@@biocapsule7311 U.S.A. Monroe doctrine
@elephantsintheforest3 жыл бұрын
Really good topic, as an Australian this has a massive impact on our energy consumption so it's great to see it get good in-depth coverage.
@ariffnordin44813 жыл бұрын
Yup indeed kzbin.info/www/bejne/nWTaeZiod8Zmhdk
@sparkdaniel3 жыл бұрын
Cats, we all love large supplies of cats
@andersjjensen3 жыл бұрын
So my ears didn't deceive me? What do they use cats for in the oil refinery business? Like they used canaries in the coal mines? "If the cat dies you RUN!" :P
@gamerforlife98653 жыл бұрын
Singapore has a huge urban population of friendly stray cats
@nutayahoo50003 жыл бұрын
@@andersjjensen I believe it is catalytic cracking, also known as 'cat' cracking.
@Gameboygenius3 жыл бұрын
@@andersjjensen no, that's for detecting radioactive radiation.
@SMB8027G3 жыл бұрын
@@gamerforlife9865 there's also a cat island
@ANTSEMUT13 жыл бұрын
1. It is strategically placed at the mouth of the straits of Malacca. 2. It is surrounded by countries that do have petroleum reserves but couldn't develop their expertise or refinery infrastructure to take advantage of it for whatever reason at the time. They've caught up but you could make the argument they kinda missed the boat on really making bank on it.
@nightking67603 жыл бұрын
Yups, many Singaporean success really came down because their 2 neighbor especially Indonesia has a poor leadership and their civilian mostly stupid enough to understand any basic mathematics
@tohkenghoe3 жыл бұрын
But we don’t take that much crude oil from our neighbours. The Middle East oil helped us too.
@ANTSEMUT13 жыл бұрын
@@tohkenghoe yeah it wasn't a lot but it was enough to jumpstart Singapore's petrochemical sector.
@philippelee57203 жыл бұрын
Americans help too ..... they are save n secure refining it on a carrier among hostile regions
@alice_agogo3 жыл бұрын
@Azarello Rich. I'm from PH 🇵🇭 and I know all of SEA is low IQ region 😢😭🙄😂
@jays95913 жыл бұрын
This is an interesting video that shows the often unseen reasons why Singapore has succeeded. Well done. Much appreciated. More please.
@krollpeter3 жыл бұрын
The real reasons for the incredible wealthy Singapore from about 2000 can be found in the early 60s. The reason why the US is having so much trouble now can be found in the early 80s.
@jays95913 жыл бұрын
@@krollpeter I wonder if you could elaborate the US comment further. I am intrigued by " ... US is having so much trouble now can be found in the early 80s"
@krollpeter3 жыл бұрын
@@jays9591 The Ronald Reagan area
@lzh49503 жыл бұрын
@@krollpeter Singapore was opportunistic I guess in getting some "1st mover advantage" (e.g. more FDI, military co-operation (it proudly says it's 1 of the only 6 countries to fly the F-15)) by being the 1st country in SE Asia to be friendly with the USA, while neighbouring countries were less so for various reasons e.g. opposition to the Vietnam War, though there've been times where Singapore hasn't been as friendly, probably as part of exercising its sovereignty. E.g. heard some 1 once say something like "Thanks to our military we could cane Michael Fay"
@krollpeter3 жыл бұрын
@@lzh4950 Singapore did well, because the neighbors were busy skimming off the money from their own people.
@pikachu56473 жыл бұрын
singapore has made the the best of all the opportunities their little island nation was given, nothing is more important then lifting the living standards of your citizens and every country that is able to do that has done a commendable job.
@Hujjathullah-fz7qh8 ай бұрын
Absolutely true, never pass up genuine opportunities !
@mun4202 жыл бұрын
Thanks!
@simroysten79633 жыл бұрын
The first refinery is Shell at Pulau Bukom. The second was the Mobil Oil Refinery constructed sometime in 1965 at Tanjong Penjuru and I remember the dredging works was done by an American firm called Hawaiian Dredging..
@ronaldhee66083 жыл бұрын
Great job! Once again you feature a little known story about Singapore.
@brandonb32793 жыл бұрын
Fantastic! One of the absolutely best, most informative and enlightening videos I've seen in a long time! Thank you for your deep and knowledgeable insights!
@simroysten79633 жыл бұрын
Plug and play : Build flatted factories and prefab buildings for larger ones and ready made infrastructure for roads, power, utilities, jetties. Also international schools. Also at one time the biggest supplier of design and build offshore drilling platforms and conversion of supply vessels and on board staff quarters and repair. Also for good measure the largest exporter of ornamental fish and cut orchids.
@boon4945 Жыл бұрын
A short and sharp summary, well done.
@anupamsircar1113 жыл бұрын
Love your videos! They always go very deep into the topic, while keeping them succinct and interesting. The last bit in this video on insights into the empowerment of civil servants was spot on. In addition to being a great analyst, you also have the maturity of being able to pinpoint the issues that can make or mar things.
@kathysaw15692 жыл бұрын
Appreciate your insights JON Living in this little island 🏝
@holeefuk85053 жыл бұрын
Similar situation With Water. They used to receive water supply from Malaysia (with constant threads of it being turned off whenever it was politically convenient ). Now they treat the same water and send it back to Malaysia with a markup. lol. Always turning weakness into strength
@stevenlow84523 жыл бұрын
MY THUMB UP TO SINGAPORE EVEN PREMIER DENG SIOW PING WAS IMPRESS WITH HER GROWTH,LEE KWAN YEW IS STILL SMILING FR HEAVEN N PROUD OF SINGAPORE ACHIVEMENTS IN THE WORLD.KEEP IT UP.SINGAPOREAN.
@bell-xk5dd3 жыл бұрын
Thank you. It’s Lee Kuan Yew btw 😁
@fabianmok22063 жыл бұрын
As someone who works in Jurong Island, this video makes me smile
@k.k.c86703 жыл бұрын
All boiled down to the Great man (some say benevolent dictator), Lee Kuan Yew, who aimed to make Singapore.. In his words, "a first world oasis in a third world region." people like Goh Keng Swee and Pillai and later on Phillip Yeo (of Jurong Island fame) all took their queues from LKY.
@edojayakusuma82093 жыл бұрын
If you read Lee Kuan Yew book, he does often disagree with Goh Keng Swee, and at times Goh Keng Swee does proves his worth as peer of Lee Kuan Yew
@johnnygucc12 жыл бұрын
Singapore contributed massively from Big Businesses that left Hong Kong in 1997 due to its turnover to China! Since then Singapore became a Powerhouse in Asia and in the whole world!
@tgwashdc3 жыл бұрын
Hi Jon! As always, you have hit the right mix of the history of industrial policy and current affairs.
@MrKotBonifacy3 жыл бұрын
5:00 -"Shell's first refinery [in Singapore] was built in record time..." - and the "illustrative image" shows a SNOW covered ground. Oh, boy... ;-) Singapore being less than 2° north off the equator, surrounded practically on all sides by a tropical ocean... In December of 1990, if my memory serves me (or was it 1991?) there was a constant three day rainfall (December and June are the peak months of "wet seasons") - going from a tropical downpour, to drizzle, to moderate rain, back to heavy rain, and so on, for three days in row, with heavy clouds and pretty strong winds all the time - and that was the "winter of the century", and temperature indeed dropped to an unimaginable low ("unimaginable there"), which was... 19°C/ 66°F. Yeah, that was a big chill - nothing like that happened for next ten years... (And I know it for a fact, as I was living there for all those ten years.) In fact, there are just TWO weather forecasts for S'pore that works perfectly for all year round - for "wet season" it is "temperature between 23 and 27°C, with showers and thunderstorms all over the island in morning and afternoon" and for "dry season" it is "temperature between 27 and 32°C, with possible scattered showers and thunderstorms over some areas the island in morning and afternoon". So, that snow on the ground... But WAIT - that was in sixties, way BEFORE the global warming, wasn't it? Surely that could happened back then, eh? ;-) PS: And then, when you thought nothing can trump this... @ 6:32 - "Indonesia Pertamina ....." - illustrated by a stock photo of a guy from Роснефт (Rosneft, Russian abbreviation of "Russian Oil", Русский Нефт) peering over some permafrost... : ) (For all of you out there not very good at geography - Indonesia spans the equator.). What next, coconut palms and white-sand beaches in a video about Norilsk? : )
@huihuihuihuihuihui13 жыл бұрын
Не душни, в Сингапуре и без тебя душно бывает.
@nulnoh2193 жыл бұрын
To be fair, these are high security places. So stock photos of these places are scarce if not impossible to find.
@MrKotBonifacy3 жыл бұрын
@@nulnoh219 Still, a stock photo from Siberia to illustrate a developement in INDONESIA? C'mon, let's get real, shall we?
@habpi3 жыл бұрын
This commenter is having too much fun, but I strongly agree that errors like those severely compromise the video's credibility, and credibility is the most valuable thing here.
@MrKotBonifacy3 жыл бұрын
@@habpi It's not even about "credibility" as such - it's just "plain deb..." well, never mind. "Cognitive dissonance" they call in the trade, they do... Suffice to say it just looks silly. And while everyone knows and understands (myself included) that this "slide show" is just an eye candy, something to hang your sight on and keep your visual cortex busy while listening to the narrative, nonetheless photos like that are just completely out of tune. Therefore they're more an eyesore then eyecandy, something akin seeing a man with a wig and in woman's dress and hearing "this is a woman". O'Reilly? Too much fun? Hey, there's no such thing as "too much" of fun. And no, this is not "fun" per se, it's more like watching a slapstick comedy act - it's silly, it's a low brew thing, but you just can't help laughing. Cheers anyway, and Merry Christmas. Oh, and by the way - I really do appreciate informative value of Asianometric's videos. But when I saw this "slip of slide", so to speak, it was like seeing someone with a sign "kick me" pinned on the back his trousers... Yeah, we're malicious creatures, us humans, aren't we? ;-)
@lzh49502 жыл бұрын
Learnt in a university module that the way Jurong Island was built took advantage of the shallowness of the waters between the islands originally in the area e.g. _Seraya_ , before they were all joined together by land reclamation to form Jurong Island, as that meant less sand would be needed. Also didn't know beforehand that what I thought was the bridge (Jurong Island H'way) to the island from the mainland is actually a floating pontoon so that it could be more easily dismantled in an emergency
@ifuknjk3 жыл бұрын
very rare 2 see an informative n factual piece which ever most sporeans do not know....this is called long term fore-sight n great planning for such a massive undertaking with serious risks if wrong....only in spore-no-not indonesia-philippines-malaysia -thailand..WHY ?.. cse of great leadership n guts.
@sealion1234553 жыл бұрын
Nice video! At risk of sounding pedantic, Goh Keng Swee was already a politician (not civil servant) in the 1960s. In anycase, I enjoyed the video!
@neloxcampo81403 жыл бұрын
highly informative video, this channel is a gem.
@bowlampar3 жыл бұрын
The west part of the island state is dominated by Petrochemical industry specialized in oil refinery right after independence, it had been a high revenue generator for Singapore ever since. Ease of loading into tankers at the port and quick to export. 😁
@subrotoxing82143 жыл бұрын
asianometry... thank you for doing this
@burprobrox91343 жыл бұрын
I’d love to visit Singapore
@atiessen2 жыл бұрын
Great video! Thank you so much for all your research.
@ak101farhan3 жыл бұрын
Well presented. Good work. Thanks again for your interest.
@andromeda5823 жыл бұрын
Great video, thanks for posting this. Much respect for Mr Pillay
@clinton9938 Жыл бұрын
When I was in my 30s I work as a courier on my motorbike and delivered letters, parcels to companies in Jurong Island. There was no GPS app or smart phone yet, I had to rely on street directory book to navigate and many times got lost too. The island is huge!
@simroysten796311 ай бұрын
Why you didn't invest on a compass?
@beverlyhills78833 жыл бұрын
Always excellent content. Thanks
@elizabethwinsor-strumpetqueen Жыл бұрын
Love your channel,thanks for your work.
@sc71023 жыл бұрын
Thanks for sharing your research info and insights.
@tzeyangz3 жыл бұрын
Check out the book "Neither Civil nor Servant" - a biography of the Phillip Yeo, the man who pushed the entire idea of Jurong Island
@MsEverAfterings3 жыл бұрын
I'm going to check it out, thanks!
@maxjek2374 Жыл бұрын
Philip Yeo was flying in a helicopter over where Jurong Island is now and thought it'll be a good idea to amalgamate and reclaim land for a petro chem. hub. He's right. I think with visionary civil servants like him, S'pore will still be innovative.
@davidbarry69003 жыл бұрын
The outro says that Asianometry would like to reach 100k subscribers one day. Congratulations - I think you're already there? (142k subscribers showing).
@mrp13262 жыл бұрын
Incredibly interesting. Thank you for this!
@boo95233 жыл бұрын
Great Insights. Thank you.
@soapbar882 жыл бұрын
wow you rocketed up in subs, good job
@mengsiongkheng1133 жыл бұрын
The history of petroleum goes back even further. Standard Oil (parent of Exxon, Mobil, Chevron, Texaco …) and Royal Dutch Shell sold kerosene into Singapore into the Far East in 1890s. This was the time of kerosene lamp.
@maxjek2374 Жыл бұрын
The British set up a kerosene processing plant in Pulau Bukom before independence.
@omodemeta3 жыл бұрын
What is "a robust supply of cats"? around 1:48?
@not_just_burnt3 жыл бұрын
also ey said "i want to reach hundred thousand subscribers", which is several months overdue :3
@andersjjensen3 жыл бұрын
Apparently cats are an integral part of oil refinery. They show up many weird places. In medical, for instance, they apparently use cats for scanners. No idea how that works either....
@0deepak3 жыл бұрын
@Anders Juel Jensen Cats are vital to the construction industry in Singapore as well.
@gamerforlife98653 жыл бұрын
Singapore has a large population of friendly stray cats
@ANTSEMUT13 жыл бұрын
@@0deepak they need to stamp their paws on various bits of wet concrete to meet Singapore's building code 😜😜😜
@frankmathews13583 ай бұрын
just subscribed. Great channel.
@mynameisusedz3 жыл бұрын
As someone close to the petrochemical industry, i'm quite heartened to see your analysis. I think the training institute CPTC which I've attended has closed. Unfortunately we probably wont see such government-private sector collaborations like we did during the founding years. Too much compliance and regulations.... GKS was really instrumental in Singapore's nation building. As much as people revered LKY, GKS was similar in stature. Their selfless attitude putting nation before self really kept Singapore ahead in the Four Asian Tigers.
@SolOInvictus3 жыл бұрын
I'm really interested to hear how the new complex in Pengerang in Malaysia fits into all of this. I saw it from an aeroplane window and it was amazing how much construction was going on, and the size of the place even compared with what Singapore has.
@lzh49503 жыл бұрын
Heard speculation that the 3rd road between Singapore & Malaysia proposed by the latter's then PM _Mahathir Mohammad_ would be sited at the Pengerang Integrated Petroleum Complex (PIPC) to make it more accessible & thus more attractive place to work at, as it's otherwise in a more rural region. Analysts doubt the financial viability of this proposal though, with the existing bumboat ferry service to _Pengerang_ (from Singapore's _Changi_ Village IIRC) isn't that heavily used. The 3rd road might be more utilised if it wasn't so far east, perhaps linking Singapore's _Seletar_ & Malaysia's _Pasir Gudang_ regions instead
@maxjek2374 Жыл бұрын
Singapore doesn't want to build a bridge at the north-eastern coast to Pengerang. Doing so will siphon off petro chem. business to Pengerang.
@Khabib9-z8w2 ай бұрын
All these refineries are so beautiful 🤩
@TheKeithvidz Жыл бұрын
Glad you spoke even before finishing the video. My nation unlike this one IS an oil giant, by mismanagement closed recently PETROTRIN refinery. This party in particular can't cultivate but destroy. I knew Singapore became a refiner.
@johnpothala3449 Жыл бұрын
your channel is way toooo good..pls put a big subscribe logo or something at the end when you are asking so it hits them in the face..ppl just end up forgetting to, you know, with endless other things that feel a doing.
@FengLengshun3 жыл бұрын
Sometimes I forgoy that Asianometry isn't just a tech infra channel lol. Nice video tho, I really like the even handed and extensive examinations.
@KamiInValhalla3 жыл бұрын
Great video.
@thilinathineth212 жыл бұрын
as a sri lankan, Sri Lanka's political decisions also helped Singapore to develop. American and British companies came to invest in the oil tank terminal but they were not allowed to do so, so they left Sri Lanka and did oil refining in Singapore. Today Sri Lanka also imports oil from Singapore. India does not like America. When countries like Trincomalee come to Trincomalee oil tanker terminal and port, India says that it is a threat to their national security. And the right leadership is the main reason for the development of Singapore.
@raylopez993 жыл бұрын
Wow, amazing to lern it snows in Singapore, a tropical climate, unless the author is using stock photos... (internet): , and the coldest months are December, January, and February. The temperatures range from 73 degrees Fahrenheit (23 degrees Celsius) to 90 degrees Fahrenheit (32 degrees Celsius). The temperatures are too high for snow formation; therefore, it does not snow in Singapore
@blazedkermit33383 жыл бұрын
Can you do a video essay on Hong Kong conglomerates that emerged during the British Colonial Era?
@bell-xk5dd3 жыл бұрын
Those tycoons are the cancers that rot hk to the core...the reason why majority of hkers can’t afford a decent home...yes, please do a video about that.
@fredtan15063 жыл бұрын
@@bell-xk5dd These people are replicates of colonizers with yellow skin.
@sulaak3 жыл бұрын
You can never go wrong with visionary good governance such as Goh Keng Swee and J Y Pillay
@maxjek2374 Жыл бұрын
And Lee Kuan Yew.
@David_Lloyd-Jones3 жыл бұрын
Good work! (Important toppic.)
@mattabesta3 жыл бұрын
That pipeline you show in the video is a hot water pipe in Iceland, not an oil pipeline.
@thecounselor73413 жыл бұрын
Haha..even i dont know.
@SCX1718U3 жыл бұрын
ironically Singapore's pump price is one of the most expensive in the world.
@clementihammock75723 жыл бұрын
Two key Sg's Economics driver and advisor, i.e. Dr. Goh Keng Swee and Dr. Albert Winsemius. Not because of Dr. Goh, today Sentosa Island would be long gone to Mobil, not because of him, I doubt today Sin$ is so rock stable.
@bell-xk5dd3 жыл бұрын
Excuse me, if you were to read LKY’s books, you would know the initiative of developing the oil refinery in Singapore came from him, GKS was his right hand man in carrying out the task...there a candid interview of LKY talking about how he had regretted in renting out a huge space to Japan at a relatively low price for oil storage in those early years ..he laughed about it and said he had learned from that experience, I can’t find that video on KZbin again. LKY was the mastermind and architect behind our oil refinery in Singapore.
@johnmyviews37613 жыл бұрын
As I understand the remaining refineries in Australia are past their life and receive government financial assistance to remain operational. Most petroleum products are imported and storage supplies are very limited should shipping be disrupted
@alice_agogo3 жыл бұрын
Australia 🇦🇺 can't build anything now. They used to make their own submarines but now had to buy from the superpowers. But on the bright side you can always steal Timorese steal like you've been doing 😂
@Liferoad3713 жыл бұрын
Very interesting.
@akimamin76703 жыл бұрын
as a singaporean i am humbled by this video. but the oil here is never cheap. 1L can go as much as $3.
@alice_agogo3 жыл бұрын
Aren't cars there $190 k for a corolla?
@markchan81103 жыл бұрын
To control car population.
@Alozhatos3 жыл бұрын
Border still closed for Malaysian petrol.
@generemotebookkeeping68133 жыл бұрын
This video explains many economic factors.
@GCAGATGAGTTAGCAAGA3 жыл бұрын
Ah yeah, the famous singaporean cats. Not as memetic as japanese cats, but has also got outstanding purring capabilities.
@eastcoastsailingcenter77689 ай бұрын
U heard about shell pulling out of singapore ?
@taymazrastin98582 жыл бұрын
Philip Yeo was the civil servant most responsible for the petrochemical investments and development.
@cossierob61433 жыл бұрын
Have to drop the Royal Dutch part
@yourgrand6543 жыл бұрын
Singapore government have far sight compare to Taiwan daily fighting with opposition
@jerryhu90052 жыл бұрын
Taiwanese government was very far sighted in the past, TSMC didn't just spring out of the ground.
@manishbose60552 ай бұрын
Is Taiwan country have oil industry like this
@holaTakuya3 жыл бұрын
I believe the video was designating to introduce Singapore, but does it have anything to do with Taiwan? In the beginning of this video has a map of showing almost all the settlements within Taipei basin when Taiwan was under Japanese rules…
@dzus3 жыл бұрын
Sumitomo President "Singapore is the best place to invest". 20 years later : Japan Hour
@lenardtan71693 жыл бұрын
Wow, Amazing
@AlexSchendel3 жыл бұрын
1:49 I hope to one day have a robust supply of cats too
@jparsit Жыл бұрын
SG's politicians are very clever. Without natural resources, they are using brains instead. SG under LKY is doing anything for progress, not only oil and many other sectors, SG is also like Swiss a center of money laundering. SG today invests heavily in China building new cities and investments. SG is amazing, the smallest in ASEAN but a leader in quality of life.
@jiminfested3 жыл бұрын
1:40 wait cats are important for oil refinements?
@alice_agogo3 жыл бұрын
In the 90s the defunct Asiaweek magazine made a yearly list of Asia's biggest companies. The biggest SEA companies at the time was Pertamina of Indonesia 🇮🇩. I don't recall if there was a oil company from Singapore 🇸🇬 but I seem to remember Sony had a subsidiary there with some $5 billion in yearly sales
@malita3543 жыл бұрын
What will electric vehicles and transportation system affect her petrol revenue?
@motmontheinternet3 жыл бұрын
"I would like to reach 100,000 subscribers someday" lmao how old is this video actually?
@andersjjensen3 жыл бұрын
I think he reuses that audio clip :P
@ralphdary4182 Жыл бұрын
Thank you Morgan Stanley (MSCI-EAFE) and Mr. John Reed, Chair, Citi...Bank, Corp. and Citi-Group. Then? Citi...as Mr Read preferred...in 1976. Mr. Reed was a MIT Sloan School Of Management. This man had more class in one finger that Goldman Sachs did in-toto in 1976...the entire organization of GS!
@gabrielgoh375 Жыл бұрын
Secret of Singapore's success at 1:50!
@SK-lt1so2 ай бұрын
The water on the south side of Singapore is oily. It reeks of oil. If you step in it, you feel the oil.
@Searth63 Жыл бұрын
Would Asianometry do a video clip about Singapore's take-over of Family-Owned, PIL ?
2 жыл бұрын
I haven't hear anyone call our Gahmen the 'G'. I wonder where that's from?
@tanjoy02053 жыл бұрын
What’s the future of these plants? Will they be converted to natural gas ?
@XalphYT3 жыл бұрын
If all nations worked like Singapore, the world would be a better place.
@cloudyday16173 жыл бұрын
You need to have citizens who are cooperative with the government. A country suffers when there are constant demonstrations / protests that lead to riots, unrest, damages and instability.
@lzh49503 жыл бұрын
@@cloudyday1617 The tumults that the country faced just before independence (which are quite tellingly prominently featured in our history books) helped to soften resistance against unpopular policies too I think, since now you could look back & compare that we were even worse off previously. E.g. soon after the _Hock Lee_ bus riots by striking workers the gov't required most unions to register under it's NTUC organisation, which brought unions closer to the gov't I think. Now we have the Nat'l Wages Council where there's an agreement that workers have to be more productive if they want pay rises (a social contract that's been rejected by protesters for higher min. wages in the USA I heard). The country's limitations have also been highlighted for the same purpose e.g. saying we can't acede to NIMBYs as we don't have a lot of land (MP Ellen Lee was also brave enough to call her voters 'selfish' in 2012 for opposing an old-folks home being built near their houses, due to -ve association of them with death & thus possible devaluation of their houses' values), saying we can't afford a welfare state because we don't have much natural resources (e.g. so instead of pensions, workers are forced to save part of their salaries for retirement), or saying we can't do much (other than practise more austerity) to control inflation as its mostly imported (since many of our goods e.g. food are imported e.g. vegetables from Malaysia have doubled in price a few times previously due to inclement weather there)
@gordonm.9280 Жыл бұрын
A robust supply of cats? Refining catalyst? Or a fun note about felines?
@AldoGiovanni-hq8jl Жыл бұрын
Am tired of loosing fund always , please i need someone to help me out because I've lost a lot of funds
@AldoGiovanni-hq8jl Жыл бұрын
almost gave up because I lost lots of funds in Crypto trading, I really feel so bad. I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to put me through
@ElenaWhite-tw9px Жыл бұрын
Well you need someone with the knowledge and skills,someone that can manage your account and trade on your behalf.try expert Victoria Nathan
@BorisMorgan-gp7pe Жыл бұрын
She’s our company’s personal account manager,she’s a licensed broker and FINRA AGENT
@KelvinRichards-qv1ux Жыл бұрын
She's really good, I met her through a comment and I decided to give her the benefit of doubt and I was shocked when I got the profit.
@ElenaWhite-tw9px Жыл бұрын
I'll drop her details below
@ravindertalwar5532 жыл бұрын
I am an Indian and Love Singapore from the core of my heart 💖💓
@medialcanthus96812 жыл бұрын
Why?
@OtterFlys3 жыл бұрын
Sort of makes you think the best form of government would be a benevolent dictator.
@aryaaswale73163 жыл бұрын
13:21 knew he was of Indian descent when I first heard the name
@gebys45593 жыл бұрын
You missed using Battlefield 2042 footage to display Singaporean container park.