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lee kuan yew speech

Speaker: Lee Kuan Yew. All Rights Reserved. The president in his State of the Nation Address has declared that he would pump-prime the economy; that his priorities are the construction of infrastructure, communications and transportation, water supply, power generation; that in trade and foreign investment that he is for more aggressive liberalisation policies. Speech by former Minister Mentor Lee Kuan Yew and current Senior Advisor to Government of Singapore Investment Corporation at the Ford Theatre's Abraham Lincoln Medal Award Ceremony in Washington DC on 18 October 2011 Mr Wayne Reynolds, Chairman of Ford's Theatre Mrs Catherine Reynolds, Chairman and CEO of The Catherine B. Reynolds Foundation The president will have to show political skill and courage to cut a way through the conflicting interests of businessmen and the people. I believe that what a country needs to develop is discipline more than democracy” were taken. To bring myself up to date, I asked for the latest press reports on the Philippines. One problem is the Philippines has an American-style constitution, one of the most difficult to operate in the world. We have got seven Catholics, and they are all good Catholics. The ultimate test of the value of a political system is whether it helps that society to establish conditions which improve the standard of living for the majority of its people plus enabling the maximum of personal freedoms compatible with the freedoms of others in society. The implementation of policies did not match their presentation. 7. Alas, even nature has been unkind. “I am not going to come here, next time, just to … TRANSCRIPT OF THE PRIME MINISTER, MR LEE KUAN YEW'S SPEECH AT THE POLITICAL STUDY CENTRE ON 16TH AUGUST, 1964, IN CONNECTION WITH THE SEMINAR ON "THE CONCEPT OF DEMOCRACY" ORGANISED BY THE JOINT COMMITTEE FOR RADIO COURSES. They should undertake this vital job as their national duty. In 1979, oil painter Chua Mia Tee depicted Lee's return from London after the Merdeka Talks. Singapore is a country that used to be poor and third world just like us. Indonesia therefore achieved a much higher investment rate of 36% compared to the Philippines’ 20%. A little less conversation, a little more action please. Nomura’s Asia Focus (Aug 1992) quoted a 1991 JETRO survey of Japanese companies listing the major advantage in the Philippines as the highgrade low-cost labour force. He had been a British subject in colonial Singapore. I do not believe that democracy necessarily leads to development. Moreover, Lee Kuan Yew also made mention of the inherent weaknesses and disadvantages of the Philippines’ stubborn use of the American-style Presidential System with its gridlock-prone and shutdown-prone Separation of Powers. My remarks today are based on published reports. Thailand has been running budget surpluses. 26. Sen. Enrile Solidly Supports Parliamentarism, Federalism in Africa: The Case of Ethiopia – Challenges & Prospects, KITT vs KARR: Systems & Algorithms Matter. A founding member of the People's Action Party, He is credited as transforming Singapore from a third world country to a first. Text of the late Mr. Lee Kuan Yew’s speech taken from the National Archives of Singapore. Contrary to what American political commentators say, I do not believe that democracy necessarily leads to development. The second task is to free the economy from controls and monopolies. The question I ask is: 5. Lee Kuan Yew 1966 First National Day Rally - Hokkien Speech Here the omens are less good. You can change your choices at any time by visiting Your Privacy Controls. 12. If political leaders, in the Administration and in Congress go back to politics as usual, more time will be lost. Tiglao was hopeful: “However, the economic performance of the Philippines’ ASEAN neighbours , which had sought foreign investments, has gradually resulted in the sea change in national attitudes …” There was “easy passage of the Foreign Investment Act of 1991, which basically lifted all restrictions, except those that are in the constitution, on foreign investments.”. And people must be prepared to work to make these hard decisions stick. Their economic growth bounced from 3-4% to 8-10% per annum. It was his leadership that transformed Singapore from a third world country into a thriving metropolitan city in just three decades. In this story we’ll talk about how Lee defined leadership and chose leaders. When I received your invitation to speak, I hesitated in accepting. One daily recently suggested that relatives of kidnap victims ask police how much the ransom is. When ordinary Filipinos know that the country’s stagnation and their joblessness is because of vested interests, corrupt politics and general disorder and lack of confidence, they will agitate in support of those who want to establish law and order and discipline, cut high tariffs, quotas to licensing and other restrictive monopolistic practices, in order to get investments to give them jobs. In 1991 Mount Pinatubo erupted. He has asked Congress to reintroduce the death penalty for kidnapping, rape and murder. He was Singapore’s first prime minister and the architect of the small Southeast Asian city-state’s spectacular ascent from a British tropical outpost with no natural resources to a global trade and financial center, and one of the world’s wealthiest countries on a per capita basis. What do they get for that? The Aquino Presidency achieved the restoration of a democratic constitution. 4. Occasion: CONFERENCE/EXHIBITION/MEETING. There is already legislation to allow B.O.T. Then you will find that Filipinos can perform just as well as Singaporeans or Thais or Malaysians. Among the many things Mr. Lee mentioned was the need for the Philippines to open up to foreign direct investments, something that Singapore had already proven to be much more helpful than harmful, and that it was precisely the in-flow of foreign direct investments and the setting up of factories and offices by multinational corporations that caused Singapore to solve its original unemployment problem and eventually become a First World Nation. However Filipinos are a people not without energy and talent. About 50% of Filipinos earn less than subsistence wage. That was because corruption was … Lee Kuan Yew – “The Impossible Can Happen!” Lee Kuan Yew was the first and longest-serving Prime Minister of Singapore. 32. It was re-adopted in 1987 by President Aquino. If the president carries through his liberalising of trade and investment regulations he will generate a new momentum in economic activities. To encourage foreign investment he will liberalise nationality requirements in the Omnibus Investment Code to make it possible for foreign investors to own their plant sites. This problem must be put right urgently. They hold their jobs on merit. 15. Being true to himself was one of the many strengths of Lee Kuan Yew. None has shown greater insight, imagination and creativity than Lee Kuan Yew.” — Henry Kissenger, August 2nd, 2011. In the nature of an economic recovery, there cannot be instant dramatic reversal. Unlike these countries, the Philippines can pull itself together and get on with the job. Many checks and balances have been written into the constitution to guard against the abuse of power that had happened with Marcos. Therefore investors fear that the Government cannot control future budget deficits and inflation. 3. The late founding Prime Minister of Singapore, Lee Kuan Yew, had been invited by the Philippine Business Conference to address them back on November 18, 1992, not long after he had already stepped down as Prime Minister and assumed the more advisory cabinet role of Senior Minister to the new Government led by his successor, Goh Chok Tong. But a developing country faced with disorder and underdevelopment needs a strong honest government. The result: “The joke in the Philippines is that 98% of the population are waiting for a telephone, and the other 2% for a dial tone. The exuberance of democracy leads to undisciplined and disorderly conditions which are inimical to development. It found that while Singapore paid its civil servants one of the highest salaries in the world, they also had the least amount of money in their bank accounts among politicians in the region. I believe that what a country needs to develop is discipline more than democracy” were taken. TOM RODRIGUEZ is a solid Constitutional Reform advocate! National Archives - Interview with Lee Kuan Yew - National Security Council. They will put pressure on Congress to clean up their act, to demolish barriers which are depriving Filipinos of the progress enjoyed by their neighbours. 5. W hen I was in my teens I heard about a political study. The question I ask is: Can the next six years be better than the past six? Kidnappings of local Chinese have increased. LEE KUAN YEW, DURING THE DEBATE IN THE FEDERAL PARLIAMENT, ON THE MOTION OF THANKS TO THE YANG DI-PERTUAN AGONG FOR HIS SPEECH FROM THE THRONE, MAY, 27, 1965 Lee Kuan Yew | 27/05/1965 Among the highest phone rates in Asia – only Japan is more expensive – and probably the worst service.”. In conclusion, I hope I have provoked you, the business and government establishment of the Philippines, into setting your priorities for getting your act together so that you can achieve your potential. 14. The first task is to restore law and order. This has been the experience of Singapore where the Prime Minister is in charge of the CPIB (Corrupt Practices Investigation Bureau). They wanted a weak executive president. Dismantle the web of measures which keep out foreign companies and make Philippine companies compete to survive, not thrive at the expense of ordinary Filipinos. On woman at work “The only differences between men and women workers are the physical and biological ones. It starts with having a core group of united leaders with strong morality and integrity at the top of the government. If I were a Filipino, I would count my blessings and start in a positive frame of mind. Speech by Mr Lee Kuan Yew, Minister Mentor, at the S. Rajaratnam Lecture, 09 April 2009, 5:30 pm at Shangri-La Hotel. (Build, Open Profit Sharing) can also work, so that the infrastructure projects especially roads, telecommunication and industrial estates can be done quickly when public funds are short. Rizal the Federalist; Bonifacio the Unitarian, The Parliamentary System can fix Philippine Politics. March 23, 2016, marks the first death anniversary of Singapore’s founding father and long-serving Prime Minister Lee Kuan Yew. Nápoles & Pork Barrel: It’s the Lousy System. Why Do So Many Filipinos Misunderstand System Change? The experience of Malaysia, Thailand and Indonesia is especially relevant. — Lee Kuan Yew, Interview with Hirotsugu Koike, Nihon Keizai Shimbun, December 20th, 1990. He would like to abolish all remaining quantitative restrictions on trade. Even China and Vietnam now offer very liberal incentives and full foreign ownership. Constitutional Reform First before claiming Sabah! Correction, March 22, 2015: Lee Kuan Yew died at 3:18 a.m. Singapore time on Monday, March 23. What is needed is confidence, the confidence of investors, Filipinos and foreigners, that the government and the people are determined to get themselves out of the hole they are in. We are right now reeling from the effects of this delay. There is a complete separation of powers between executive, legislature and judiciary. Every Filipino knows the other ASEAN countries have overtaken the Philippines. In 1973 the then President Ferdinand Marcos, using his martial law powers, ordered all telephone subscribers to invest in preferred shares of PLDT before they were issued a phone line. In the second period, the kidnapping of a Japanese executive in the Philippines, which took six months to settle, was enough to abort more Japanese investment plans.” He went on: “The country lost nearly a decade of growth, and as a result, faces so many problems that some people, even some Filipinos, have started to believe that there is a deep-seated self-destructive combination of political and cultural factors cursing the country.”. They protected their markets to establish import substituting industries. Covering Date: 16/08/1964. This restored confidence in their currencies. Banking activities have increased and the stock market is upbeat. I know the Papal … The laws against corruption should be tightened to shift the onus of proof on to the person who possesses more assets than his income warrants. I knew Filipino politics in the Marcos era as rumbustious. Lift restrictions on trade and investment. An example of a powerful vested interest that has to be tackled was reported in Asiaweek, 21 August 1992, the Philippines Long Distance Telephone Company which has had a monopoly for 64 years. Third : Build up your infrastructure, like power stations, roads and communications, either in partnership with or completely by the private sector. President Gloria Macapagal-Arroyo tried to pick up where President Ramos left off by attempting once more a much more comprehensive set of constitutional reforms that included (1) Opening the economy to foreign investors by removing the anti-FDI constitutional restrictions, (2) shifting to a Evolving and gradualist form of Federalism, and (3) shifting to the Parliamentary System and again, she too was demonized by Philippine Mass Media with all kinds of false accusations and falsehoods thrown at her and the reform initiative. In an earlier story I talked about Lee Kuan Yew – “ the only differences between men and workers. Their presentation @ NTUC ’ s speech taken from the national Archives of Singapore lee kuan yew speech the Prime Minister in... Trade and investment regulations he will generate a new momentum in economic activities I was in my teens I about! Don ’ t hate the player, hate the player, hate the game policies of the many of! 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