₦airaland Forum

Ogu 1

Explorers:
The thing weak me o....

Maybe ayamconfidence, cfcman, rich4god, wristbangle, ichommy, funjosh can explain better.

Singapore was able to leverage on the transformation that happened with the rise of containerisation in 1966 ( Page on worldshipping.org ) which made globalisation possible in the first place.

With containerisation, consumer electronics and their precursors can be reliably transported.

Singapore with its lower labour cost took on the bulk of assembly in the beginning, moving up the chain to Printed circuit board and Integrated circuit .

The
Foreign direct investment kept on pouring in due to very generous concessions and very low local taxes due to Transfer pricing . This made Singapore both an exporter of finished products and an importer of precursors, further inducing its use as a hub by the regional manufacturers.

Note: Japan was the manufacturing powerhouse in the 1980s before being taken over by China.

This was facilitated by the Nixon Shock and the subsequent
Smithsonian Agreement and
Plaza Accord .

The astute move of switching the peg of the Singapore dollar from the Pound sterling to the USD and on to a basket during those tumultuous times helped tremendously too. Japanese firms reeling from the effects of the currency war were able to retain their profitability by moving the lower value-add manufacturing activities to Singapore.

Singapore's government helped to tailor the education system to create trained workers in advance to ease the transition.

Singapore was subsequently able to delay the eventual migration of these MNCs for a while through the importation of lower cost production workers from overseas while retaining the high paying QC, engineering and management jobs for Singaporeans.

This is discussed in more detail in Mak Kah Jun's answer to How did Lee Kuan Yew view the Singapore-China relationship?
Singapore's deep and sheltered harbour deserves some elaboration.

Based on tide forecast , Singapore's tides are quite gentle with a 2 metres range between tides. However, Malaysia's Penang, Malacca and later Klang ports and Indonesia's Air Musi and Jakarta ports are all quite gentle too.

But these 5 ports lose out in their anchorage depths which have trouble fitting the 16 metres draft of a Maersk Triple E class when compared to Keppel's 20 metres. While it is possible to dredge, it takes quite a bit of effort.

Additionally, a strictly neutral
Entrepôt between Malaysia and Indonesia serves both their interests. They are not worried about the other party overcharging in an attempted stealth embargo. Singapore's survival depends on its neutrality.


Having a port each would have decreased the economies of scale and hub ability. Having a bunch of middle income citizens from port activities is also highly destabilising for these 2 countries, just like how the Californian cities and New York city are different from the rest of the USA and frequently acts in minor defiance of Washington, D.C.


100% foreign ownership incorporation rules and a good commercial and Admiralty arbitration system gives peace of mind for companies to set up shop and do their trading here. "Singapore has a reputation for fairness and impartiality in commercial law , and is a popular jurisdiction for arbitration and trial in South-East Asia. " ( Judicial system of Singapore ) with an Admiralty Court established since 2002 ( Page on webcitation.org /Supreme Court: 4 February 2002 ).

As mentioned in Mak Kah Jun's answer to What are the economic repercussions of digging a canal across the Isthmus of Kra, which links the Andaman Sea and South China Sea?

Singapore being at a good transshipment junction for Malaysia, Indonesia and Australia negotiating with American, Chinese and European ships, can efficiently process a ship in less than half a day ( MPA - Global hub port ).

Singapore's 73 moves per hour while lower than 100+ of the world's best ( berth productivity - APM Terminals ) is almost double the speed of Malaysia's Port of Tanjung Pelepas and Indonesia's
JICT .

Marvel1206:
Rip bro
Ichommy, if i may ask. What killed him?

Stomach Problems

Sharplakezy:
RIP. he was my mate in Saint Anthony sec skul. A very jentle guy indeed.

Wow, You knw him.

Tearless:
Sorry about the loss, bro. A peaceful rest to his soul. I sympathize with you and his family. He's gone, and that's for good - no one can do a thing to change that. One thing I'm sure about, however, is that if he's watching, he certainly wouldn't approve of you all grieving all day long. He wouldn't want to see you like that. But as a friend whom he's probably given a chunk of his heart, you're in him, and a part of him is also in you. The best you can do for him is carry on with his projects, his goals, his plans for the world, and help him improve the aspects of humanity he once committed himself to improving, and bearing the burden of fulfilling those ambitions you both shared, for you, him, and the world at large. Maybe at least, he'll be able to wear a smile, forgetting the sorrow of not being able to live that life he once owned, having seen his friend and family helping him paint the world in the colour he's always wished to paint it himself, and in his name and theirs.

OP, we both feel the pain of loss the same. I lost my mum too, so I can emphathize with you. We find it hard to accept the deaths of those we love. We ask, how could they die? Yet, we always knew, that at one point or another, such is bound to happen. It's always among those things some of us will have to face, so we should learn to live through it. It is well, Ichommy. You have my condolences. Don't be engulfed in the waves of sorrow. It might want to flow throw your heart, make sure you let it - it's the outpouring of your feelings for your now deceased friend. But one thing you musn't do is to let it drown you.

Thanks Brother. So Sorry About your Mum.

With Shola During IT Days in 2009. 2nd IT Job in Ilorin

In the event that no one but passing could be exchange with something else separated from Life.

On the off chance that exclusive we know and unequivocally trusted that life is vanity.

you gave it everything you could Shola Abaogun After arrangement of Operations.

We moved toward becoming companions at Tender Age of 7 in Ilorin.

I recall the range of Play Station 1, We do sneak into play before Iya Abaogun will come back from Office.

You Wrote GCE WAEC in S.S 1 And Got A1 and B3. You need to Study Mechanic Engineering But you considered Geology.

Your Academic Excellence procure you Nickname 001. Continuously first in Class.

You do come to Sango Otta to invest energy with me, Why leave at Peak of your Career, We pledge to Rock IT industry Break New Ground. Why now Shola?

Nairaland Webmaster Section will miss You Bro
I recall Our last Conversation Vividly.

Rest In Peace Brother.

obontami:
Where you run go?

Long Time Sir.

Kukuma Kee Me.

Untop $

nnamdibig:
This is seriously serious. Am in same condition bro.....mine sef na twins.

Beckino:
Why are you trying to destroy my relationship with coffee?

Coffee is good. Too much of it is something else.

Baba Imade, May Banana Fall on U in Ede.

JasonScolari:
The tests conducted determined the man had yearsworth of feces inside a portion of his colon, causing the immense swelling of his abdomen.














13kg of what?