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: kzfaq.info/sun/PLKtxx9TnH76TS34YoUFNgTdAB1qNE4wTK

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 KZfaq in the early 2000s only augmented that growth.

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...!!

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.

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.

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.

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.

Cats, we all love large supplies of cats

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.

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.

Hahahah the fact that you called it the "G" goes to show the amount of research u put in for all your videos. Kudos!!

As a venezuelan this video is both fascinating and incredible frustrating.

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.

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 !

Singaporean here. I worked my first job at ExxonMobil. Jurong Island actually houses ExxonMobil's largest refinery outside of the US.

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.

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.

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!

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.

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..

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

Great video, thanks for posting this. Much respect for Mr Pillay

Hi Jon! As always, you have hit the right mix of the history of industrial policy and current affairs.

As someone who works in Jurong Island, this video makes me smile

highly informative video, this channel is a gem.

Great job! Once again you feature a little known story about Singapore.

Great video! Thank you so much for all your research.

Thanks for sharing your research info and insights.

Well presented. Good work. Thanks again for your interest.

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.

Always excellent content. Thanks

Love your channel,thanks for your work.

Incredibly interesting. Thank you for this!

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.

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.

asianometry... thank you for doing this

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.

This is an interesting video that shows the often unseen reasons why Singapore has succeeded. Well done. Much appreciated. More please.

wow you rocketed up in subs, good job

Check out the book "Neither Civil nor Servant" - a biography of the Phillip Yeo, the man who pushed the entire idea of Jurong Island

I’d love to visit Singapore

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.

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

The outro says that Asianometry would like to reach 100k subscribers one day. Congratulations - I think you're already there? (142k subscribers showing).

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!

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. 😁

Great video.

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? : )

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!

What is "a robust supply of cats"? around 1:48?

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.

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.

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!

Good work! (Important toppic.)

Very interesting.

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.

Wow, Amazing

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.

Thanks!

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.

This video explains many economic factors.

Ah yeah, the famous singaporean cats. Not as memetic as japanese cats, but has also got outstanding purring capabilities.

That pipeline you show in the video is a hot water pipe in Iceland, not an oil pipeline.

Have to drop the Royal Dutch part

Am tired of loosing fund always , please i need someone to help me out because I've lost a lot of funds

Singapore government have far sight compare to Taiwan daily fighting with opposition

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

Can you do a video essay on Hong Kong conglomerates that emerged during the British Colonial Era?

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.

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…

1:49 I hope to one day have a robust supply of cats too

You can never go wrong with visionary good governance such as Goh Keng Swee and J Y Pillay

ironically Singapore's pump price is one of the most expensive in the world.

Would Asianometry do a video clip about Singapore's take-over of Family-Owned, PIL ?

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.

Nice

Philip Yeo was the civil servant most responsible for the petrochemical investments and development.

What will electric vehicles and transportation system affect her petrol revenue?

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.

"I would like to reach 100,000 subscribers someday" lmao how old is this video actually?

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

1:40 wait cats are important for oil refinements?

U heard about shell pulling out of singapore ?

I haven't hear anyone call our Gahmen the 'G'. I wonder where that's from?

as a singaporean i am humbled by this video. but the oil here is never cheap. 1L can go as much as $3.

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

Nice video. Might be nitpicking here but your pronunciation of 'Temasek' is a little odd.

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!

The weirdest guy I've met comes from SIngapore. Nice guy. Weird though.

A robust supply of cats? Refining catalyst? Or a fun note about felines?

Cool

spyros panopoulos and what is "anadiaplasis"

Yep, here u can see the lights from the refinery from halfway across Singapore

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.

What’s the future of these plants? Will they be converted to natural gas ?

13:21 knew he was of Indian descent when I first heard the name

Apparently; "The Founder: (1st P.M.??): of Singapore": was: dyslexic. -(M.K.S.).

Secret of Singapore's success at 1:50!

1:50 "a robust supply of cats"?????

A robust supply of cats? Didnt think of that