lee kuan yew speech

‘, 8. President Ramos has started to clean up the police and the military. Noynoy Aquino clearly was not interested in making any amendments at all, even if several of his own party mates tried to introduce reforms akin to those of Estrada which were focused solely on the economic aspect of removing the anti-FDI restrictions in the Constitution. We are right now reeling from the effects of this delay. A few years later Indonesia also changed policies. In that same Asiaweek magazine was another article entitled “Kidnappers in Uniform?”: “Police Brig-Gen Raul Imperial counts more than 50 kidnappings last year, netting $7.6 million in ransoms. Lee … Other schemes like B.O.O. But when it was over, it was back to more wheeling and dealing until the next elections. Filipinos are fluent in English, and the use of English is widespread. Document … Rigoberto Tiglao in the Far Eastern Economic Review 3 September 1992, wrote: “There were two waves of Japanese capital investment, both driven by the yen’s strengthening: in 1985 and then in 1987. In 1979, oil painter Chua Mia Tee depicted Lee's return from London after the Merdeka Talks. The nation has only a little more than a million phones for 62 million people. 4. If the Ramos Administration can make ordinary Filipinos understand that politics is not simply elections with singing, fiestas and giveaways, but that it is about their lives, jobs and wages, homes, schools, hospitals, the situation can change dramatically. There will be no foreign military presence to conscribe the growth of the Filipino nation. That was because corruption was … Filipinos should not tolerate a slower pace of liberalisation than what their ASEAN partners have achieved, especially Thailand and Malaysia and now Indonesia. Election campaigns were colourful and entertaining. This has been the experience of Singapore where the Prime Minister is in charge of the CPIB (Corrupt Practices Investigation Bureau). Banking activities have increased and the stock market is upbeat. NRI (Nomura Research Institute) in the Asia Pacific Economic Outlook third quarter 1992, reports on the Philippines page 28, “Huge losses suffered by the industrial and commercial establishments due to the electricity shortages and the scheduled power blackouts averaging 7 hours a day could not have come at a more inopportune time for the country. From Third World to First: The Singapore Story: 1965-2000 (2000). I believe that what a country needs to develop is discipline more than democracy” were taken. But they must not lead to a paralysis of government. Today, Japan’s per capita is $27,000, Taiwan’s $8,000, Korea’s $6,500, and the Philippines $724. Filipinos have no empty, wealthy continent to make them rich. I knew Filipino politics in the Marcos era as rumbustious. This has generated a sense of optimism over economic recovery. Unless these kidnappings stop, most investors will stay away. The London Economist, July 4, 1992, said: “The challenge for President Ramos is to find the economic growth that will confirm democracy’s future. All these three have been torn apart by strife and war, and the contending factions are still killing each other inflicting more damage on their countries instead of repairing the harm done. We have got seven Catholics, and they are all good Catholics. Singapore is a country that used to be poor and third world just like us. He would like to abolish all remaining quantitative restrictions on trade. Lee Kuan Yew (1923–2015) was a Singaporean political leader and one of the great statesmen of the post World War II-era. Alas, even nature has been unkind. 25. 4. Almost a quarter of the country’s export earnings go to service a foreign debt of $29 billion; over a tenth of the workforce is unemployed; and inflation which averaged 19% last year, is still running at an annual rate of around 9%. Correction, March 22, 2015: Lee Kuan Yew died at 3:18 a.m. Singapore time on Monday, March 23. How will the Government pay for its COVID-19 Expenses? If you maximise the six years of the Ramos Administration by freeing your economy, attracting investments, and if you work hard to create conditions that make these investments profitable, then you will get yourself back into the mainstream of growth and development and be in the same league of dynamic economies as your ASEAN neighbours. The Philippines has 6 postgraduate schools for MBAs and the prestigious Asian Institute of Management. It was re-adopted in 1987 by President Aquino. In this story we’ll talk about how Lee defined leadership and chose leaders. 3. 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. They are now pressing ahead with deregulation and liberalisation to open up their economy and make their products internationally competitive. 9. Indonesia, with a lower per capita income level than the Philippines, had a national savings rate of 33% in the last five years. The experience of Malaysia, Thailand and Indonesia is especially relevant. Indonesia therefore achieved a much higher investment rate of 36% compared to the Philippines’ 20%. — Lee Kuan Yew, Interview with Hirotsugu Koike, Nihon Keizai Shimbun, December 20th, 1990. Print. 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. Politicians revelled in democracy, and its freedoms, freedom of speech, freedom of the press, and for those in office, the freedom to wheel and deal. They learned from the policies of the NIEs where foreign investment and export-oriented growth made for booming economies. Find out more about how we use your information in our Privacy Policy and Cookie Policy. SPEECH BY MR LEE KUAN YEW 2004 The Case for Higher Salaries for Government Ministers SPEECH BY MR LEE KUAN YEW, SENIOR MINISTER, TO THE NATIONAL TRADE UNION CONGRESS AT THE SINGAPORE CONFERENCE HALL ON 19 JULY 1996 If the next six years are wasted, the Philippines will lag even further behind. The first period was when the violent overthrow of the Marcos dictatorship seemed to be imminent, discouraging investors. And you will notice that since the Vietnam War and the Great Society for some 28 years ago, the US system has not functioned even for the United States. On woman at work “The only differences between men and women workers are the physical and biological ones. 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. One problem is the Philippines has an American-style constitution, one of the most difficult to operate in the world. (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. It was his leadership that transformed Singapore from a third world country into a thriving metropolitan city in just three decades. 24. Other crimes especially corruption must be suppressed and punished. Thailand and Malaysia started to deregulate and liberalise. ‘People are afraid to call the police because the officer may be the mastermind,’ says Representative Hernando Perez. The big problem is that taxes especially income taxes are not collected. The London Economist, July 4, 1992, said: “, 6. Should the Philippines Turn Parliamentary? They should undertake this vital job as their national duty. His duty first and foremost is to the people. In this speech, Lee Kuan Yew had clearly given solid bits of advice to the audience as well as to all Filipinos, and it is this particular speech from whence the famous words “I do not believe that democracy necessarily leads to development. The CoRRECT™ Movement Website © 2020. It was politics enjoyed for its own sake. Covering Date: 16/08/1964. 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. While the Aquino administration had backed down under pressure from lobby groups, and revised its original and more drastic Executive Order 413, the new tariff liberalisation programme will bring down the average effective protection rate for Philippine industries from 25% to 21% over a four-year period ending in July 1995. By the early 80s, at first, Thailand, and next Malaysia, changed policies. … 13. President Duterte campaigned on the promise of following in President Ramos’ and President Macapagal-Arroyo’s footsteps in setting up the three main comprehensive reforms we need, but his unfortunate choice in Consultative Commission members led to so many of them out-voting the experts in the team, so that a substandard draft was produced. Some Filipinos wrongly took exception to this in the 1990s, but starting in the late 2000s, Lee Kuan Yew’s wisdom had become much more popular among Filipinos after years and years of mediocre economic progress resulting from our country’s inability to move over to much better ways of doing things. 9 April 2009 THE FUNDAMENTALS OF SINGAPORE’S FOREIGN POLICY: THEN AND NOW Independence was thrust upon Singapore. They wanted a weak executive president. 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. First : Restore law and order. With foreign investors closely monitoring the country for a stable political transition, the infrastructure problem is publicity it can ill-afford.” I understand that the brown-outs have got worse and Makati is back to 5-6 hours a day of brown-outs. The Philippines has a lively and rumbustious press and television. One daily recently suggested that relatives of kidnap victims ask police how much the ransom is. They have a densely populated archipelago with little oil, gas, or other valuable natural resources. 12. There is a complete separation of powers between executive, legislature and judiciary. This problem must be put right urgently. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. The Centre for Research and Communications predicts that in the dry summer months, brown-outs could last as long as eight hours a day in Metro Manila and Luzon. In one of … The fundamentals of our foreign policy were forged during those vulnerable early years. Almost 28 years later, despite many attempts at getting these reforms through, we have not yet been able to make these necessary reforms become a reality. Lee Kuan Yew. 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. Being true to himself was one of the many strengths of Lee Kuan Yew. Speaker: Lee Kuan Yew. I believe that what a country needs to develop is discipline more than democracy” were taken. All Rights Reserved. 23. Polls aren’t just for Metro Manila: Why Federalism? None has shown greater insight, imagination and creativity than Lee Kuan Yew.” — Henry Kissenger, August 2nd, 2011. This restored confidence in their currencies. It has to be systematic with a publicly announced timetable during which the protective barriers enjoyed by the industrial and the services sectors will be dismantled, and foreign competitors allowed in. Why are the Monsods so anti-Constitutional Reform? On population policy. In August he announced the complete liberalisation of foreign exchange regulations and ended 40 years of foreign exchange control in the country. An efficient and strong anti-corruption unit under the President with powers to investigate any person however high up, and to carry it to a successful prosecution, will work wonders. Unlike these countries, the Philippines can pull itself together and get on with the job. Every Filipino knows the other ASEAN countries have overtaken the Philippines. The American Forces have left Subic Bay. Malays were assured by Mr Lee Kuan Yew last night that they did not need to worry about the arrival of Hongkongers who migrate there … As the Hongkongers would be coming in as employment pass holders each earning at least $1,500 a month, he said that … These initial moves must be followed up. 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. The Aquino Presidency achieved the restoration of a democratic constitution. Third : Build up your infrastructure, like power stations, roads and communications, either in partnership with or completely by the private sector. Contrary to what American political commentators say, I do not believe that democracy necessarily leads to development. Occasion: CONFERENCE/EXHIBITION/MEETING. The late Lee Kuan Yew gave a speech at the Ritz Carlton Hotel in Singapore on April 25, 2003, after he pressed on by gracing the occasion with his attendance. 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 legislature and the executive must showed the world that they are determined to reimpose discipline and control in the police and military the key bodies for order and stability. I do not believe that Korea, Taiwan, Hong Kong or Singapore could have succeeded as they have done if they had to work under such a constitution, where gridlock on every major issue is a way of life. Rigoberto Tiglao in the Far Eastern Economic Review 3 September 1992, wrote: “, 15. Lee Kuan Yew’s Speech at the Philippine Business Conference. In Singapore there are over 1,500 Filipinos on Employment Passes, professionals, engineers, accountants, architects, managers, more than those from other ASEAN countries except Malaysia which is Singapore’s nearest neighbour. If those figures are to change for the better, the Philippines have to abide by the strictures of the IMF – which means better tax-collecting, painful cuts in public spending and liberalising trade to the detriment of some powerful vested interests.”, 6. They cut down protection and opened up their industries and services to competition. This can be a start of what should be a part of a wider strategy to cut down corruption. I concluded that you have invited me because you wanted this conference of leading Filipino businessmen and public figures to hear my frank opinion. These factors are good for development. They allowed 100% direct foreign investments. These life experiences drove him to fight for independence. In Lee Kuan Yew: The Man and His Ideas (TMHI, ... 1989 National Day Rally speech, quoted in The Straits Times, August 21st, 1989, p. 17 . 27. 2. He had been a British subject in colonial Singapore. The exuberance of democracy leads to undisciplined and disorderly conditions which are inimical to development. Three victims, two university students and one businessman, have been killed. But if the people understand what economic liberalisation means to them in jobs and wages there will be counterpressure on Congressmen, cabinet ministers and officials. And at least one typhoon struck each year. Make Manila safe from organised kidnapping and major crimes. In 1991 Mount Pinatubo erupted. And people must be prepared to work to make these hard decisions stick. A little less conversation, a little more action please. 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 To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. 14. 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. Sen. Enrile Solidly Supports Parliamentarism, Federalism in Africa: The Case of Ethiopia – Challenges & Prospects, KITT vs KARR: Systems & Algorithms Matter. Since the swearing-in of President Ramos, there have been positive signs for the future. And Filipinos cannot blame others for it. 1. They estimate industries could lose 20 billion pesos during this three-month period. 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. With their combined investments and with the value of preferred stock greater than common stock, subscribers in effect own about 92% of the company. If the Philippines stick to old policies, because vested interests are too powerful to overturn, then Filipinos will continue to lag further and further behind her ASEAN neighbours. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. 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. 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.”. The late Lee Kuan Yew had already brought these up back in late 1992, and not long after, former president Fidel V. Ramos himself tried hard to set up the very reforms that Mr. Lee said that the Philippines needed: (1) An economy that is open to foreign direct investments and without idiotic anti-FDI restrictions in the Constitution, and (2) a Parliamentary System which allows for better quality leadership and greater decision-making efficiency. Lee Kuan Yew on Filipinos and the Philippines. 10. Candidates made eloquent and stirring speeches. They wrote the constitution in 1787 and ratified it in 1789. The question I ask is: Can the next six years be better than the past six? The Ramos Administration has started deregulation and liberalisation. The Ramos presidency will have to prove that this democratic constitution can be made to work and that development is achievable. If government workers are adequately paid, they deserved to be punished with severe penalties when they take bribes. 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