Friday, June 4, 2010

Dr Goh Keng Swee Part 2


Dr Goh Keng Swee has done very great contribution to Singapore

1) Economically

2) Militarily

3) Education

I would like to emphasize the word Education and Militarily because this is the main aspect of our project. To commemorate him, we are going to make an award for those who do well academically-wise and those who excel in Military-wise stuff like attaining high awards and distinctions.


Since there are already so many examples, (Down there)

-Tan Kah Kee Young Inventors Award award

-Nobel prize


Then, we finally decided to have a Goh Keng Swee Prestige Award to award those who are able to achieve the few aspects as said above.

Thursday, June 3, 2010

Dr Goh Keng Swee (Part 1) II



His Greatest Contributions

What he done for the economy

Tourism

He was the one who decided to build the Jurong Bird Park and the Singapore Zoological Gardens. The Jurong Bird Park was built 1971 and the Singapore Zoological Gardens was built in 1973. These are the two prominent places in Singapore, attracting tourists from all over the World to come and visit these places. Any tourist who visits Singapore would definitely not miss visiting these places.
Not satisfied with the work done, he then proceeded on to suggest creating a place where a variety of fishes could be viewed. The coming of Underwater World in Sentosa in 1991 was inevitable. Now, even the locals visit Underwater World, surely the tourists would flood the place of joy.
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Estate

He came up with the plan to change the swampland in Jurong to the famed Jurong Industrial Estate. The Jurong Industrial Estate area is bustling with activities now and you would never think that it was once a wasteland.
In 1962, the then Finance Minister Dr Goh Keng Swee, laid the foundation stone for the National Iron and Steel Mills, the first factory in the new industrial estate. In 1963, 24 factories were established. Jurong is also home to the Jurong Bird Park, the Chinese and the Japanese Gardens, the Science Centre with its Omnimax Theatre, three golf clubs and the Raffles Marina. Extensive public housing has brought an influx of residents, who are well served by shopping centres, sports facilities, schools, good road connections and the Mass Rapid Transit system. Dr Goh was the one who decided and strongly believed that the sleepy swampland could be turned into this.
Finance
He established the Economic Development Board (EDB) in 1961 and Development Bank of Singapore (DBS) in 1961. These organisations proved crucial to the development of Singapore as the Economic Development Board helps the economy to improve while the Development Bank of Singapore was a major bank.

Developing as a country


He is responsible for developing an economic strategy that was crucial in explaining Singapore economic takeoff. Between 1959 and 1965, he came up with the import-substitution strategy and made Singapore a manufacturing centre to provide common Malaysian market with their needs.
In other words, the import-substitution strategy mean emphasising on replacement of some agricultural or industrial imports to encourage local production for local consumption, rather than producing for export markets. The simplified way means to bring in goods rather than to bring out goods.
That was before Independence. Following Independence, he focused on making Singapore an export-orientated development strategy. He went against economic theories which stated that state protectionism and heavy spending on part of the government was important for the growth of a country.

What he done for the education

He was the one who came up with the idea of streamed education, which included the EM1, EM2 and EM3 policy. Although this was stated controversial by the people, he went ahead with his plan which indeed helped the education of the people in Singapore.
Defence

What he done for the Military Force

He was the one who set up the Singapore Armed Forces in a mere six years. Additionally, it was one of the most successful Singapore state institution.
He made the law of all able-bodied males at the age of 18 need to attend National Service. He strongly believed that a strong defensive force was a crucial part in Singapore’s Independence. He believed that Singapore male citizens should participate directly as soldiers in their country’s defence to reinforce their sense of responsibility to the national community and to strengthen they themselves and their bonds with one another as countrymen.

In 1971, he put together the Electronic Warfare Study Group, a team of newly graduated engineers who had excelled in their university studies which was headed by Dr. Tay Eng Soon, a university lecturer. The group worked on Project Magpie, a secret project to develop Singapore's defence technology capabilities. In 1977, the group was renamed the Defence Science Organisation (DSO). Originally part of the Ministry of Defence, in 1997 the organization became a non-profit corporation called DSO National Laboratories

Dr Goh Keng Swee (Part 1)

His Life Timeline

1930s

He entered politics and he was elected as MP for Kreta Ayer on 30 May 1959. He was its MP till his retirement from politics in Dec 1984.

He was anti-colonial in his outlook during the pre-independence years..

1940s

He was anti-colonial in his outlook during the pre-independence years.
He founded the Malayan Forum in 1949 - a political discussion group comprising Malayan and Singaporean students in London. The group met regularly to rally support for the decolonisation of and independence for Malaya and Singapore.

It was through the Forum that he met Toh Chin Chye and Lee Kuan Yew. He founded the Malayan Forum in 1949 - a political discussion group comprising Malayan and Singaporean students in London. The group met regularly to rally support for the decolonisation of and independence for Malaya and Singapore. It was through the Forum that he met Toh Chin Chye and Lee Kuan Yew

1950s

He entered politics and he was elected as MP for Kreta Ayer on 30 May 1959. He was its MP till his retirement from politics in Dec 1984.
Economic
He spearheaded many of the most impressive public policy achievements in Singapore: Economic Development Board (EDB), the Development Bank of Singapore (DBS), the Jurong Industrial Estate.
His thoughts on economic growth contrasted sharply with the vast majority of his counterparts in other Third World governments. His decidedly conservative approach to public finance stands out.

1960s

Upon Singapore's independence in 1965, Dr Goh also became Minister for the Interior and Defence until 1967, assuming responsibilities for strengthening Singapore's military and domestic security capabilities.

A key policy was the creation of National Service, a mandatory conscription system for able-bodied young males. Upon Singapore's independence in 1965, Dr Goh also became Minister for the Interior and Defence until 1967, assuming responsibilities for strengthening Singapore's military and domestic security capabilities.
Together with Lee Kuan Yew in 1965, they decided that Singapore's central bank; Monetary Authority of Singapore will not have currency issuing power. Singapore remained one of few independent states to issue currency under a currency board until 2003.
He was instrumental in the founding of Monetary Authority of Singapore. (MAS). He "undertook major restructuring of MAS' key functions - monetary policy, reserve management, and supervision and development of the financial sector".
who started his public service career as a social welfare officer in the colonial government, then became a determined anti-colonial fighter who helped found the People’s Action Party (PAP), and later went on to helm key ministries over 25 years in politics.

When the education system needed fixing, Dr Goh went there in 1979 to streamline it and bring down drop-out rates.

May 1959 – Sep 1963 : Vice-chairman of PAP.
30 May 1959 – 3 Dec 1984 : Legislative assemblyman and later member of parliament for Kreta Ayer.
5 Jun 19598 Aug 1965 : Minister for Finance.
9 Aug 196523 Sep 1965 : Minister of Defence and Security.
24 Sep 196516 Aug 1967 : Minister of the Interior and Defence.
17 Aug 196710 Aug 1970 : Minister for Finance.
11 Aug 197011 Feb 1979 : Minister of Defence.
1 Mar 1973 – 31 May 1980 : Deputy Prime Minister.
12 Feb 1979 – 31 May 1980 : Minister of Education.
1 Jun 1980 – Dec 1984 : First Deputy Prime Minister and chairman of MAS.
1 Jun 1981 – Dec 1984 : Minister of Education.
1981 – 1994 : Deputy chairman, Government of Singapore Investment Corporation.
1983 – 1992 : Chairman, Board of Governors, Institute of East Asian Philosophies (later renamed Institute of East Asian Political Economy or IEAPE).
Dec 1984 : Retired from politics.
1985 – 1992 : Deputy chairman, MAS.
1988 – 1994 : Chairman, Singapore Totalisator Board.
1991 : Director, Gateway Technologies Services Pte Ltd.
1992 – 1995 : Executive chairman and chairman of Board of Governors, IEAPE. Chairman, East Asian Consultancy (S) Pte Ltd.
1994 : Chairman, N. M. Rothschild & Sons (S) Ltd.
1995 : Vice-chairman, Hong Leong Asia Ltd.
1996 – 1997 : Deputy chairman, IEAPE.