Why is Singapore so rich? | CNBC Explains

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  • Published on:  Thursday, January 17, 2019
  • Singapore is a tiny country, but it's managed to become an Asian economic hub. CNBC's Xin En Lee explains how the country went from third world to first world.

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  • Source: https://youtu.be/cRDgnLa42PQ
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Comment

  • Brenda Gordon

    Brenda Gordon

     3 hours ago

    Total greed!

  • Brenda Gordon

    Brenda Gordon

     3 hours ago

    Are you excepting Hong Kongers, they have no where to go. Their community is destroyed?

  • moose185

    moose185

     yesterday

    I don’t see how Hong Kong is now one of the four tigers.

  • Aamir Mohammed

    Aamir Mohammed

     yesterday

    A lot believe systems were passed down to Singapore sands, economics. Engineering and News. Started Islam spread of help of Economics growth Intelligence Petronas company hubs 74 1979 summer 83.

  • Noble Eagle

    Noble Eagle

     yesterday

    Dont be a dumbass and put some thoughts into your video title...Who the hell ever calls a country rich?? And if its citizens are rich then you wont see Singaporeans working in Mcdonalds and old folks cleaning & clearing tables in coffeeshops or have you even been or read up about the real Singapore before making this this retarded video?

  • Victor Triump

    Victor Triump

     2 days ago

    Is that real @ 6:10 ???
    Buildings are literally stacked on one after the other.
    What is the name of that place or buildings?

  • u235u235u235

    u235u235u235

     3 days ago +1

    Singapore is the least happy of all nations according to UN happiness surveys.

  • Ragnar Naharab

    Ragnar Naharab

     3 days ago +6

    The key is self discipline in order to succeed like singapore.

  • Feed The Soil

    Feed The Soil

     3 days ago

    Are the people in Singapore happy ?

  • Jennifer Lorence

    Jennifer Lorence

     4 days ago +2

    What an Amazing Video. Good to Know these facts.

  • Martina_ vlogs

    Martina_ vlogs

     4 days ago +6

    Title: why is Singapore so rich?
    Me: yeah it is rich I’m LIVING THERE right now

  • Wan Muslim

    Wan Muslim

     5 days ago +8

    Crazy rich asian is about singapore but most of the scene were in malaysia wtf is that?

  • Eagle,Spokesperson of India

    Eagle,Spokesperson of India

     5 days ago

    Correct correct

  • Tsubaki Lee

    Tsubaki Lee

     5 days ago

    Singaporean aren't really rich because of the high cost of living. But because the government is rich, they are able to provide subsidies in all forms easing the burden on its people.. Housing might not be cheap but because of good policies in place people can choose to pay for their house in a span of 20 years while living in it and finally owning the house.vAlso Singapore government gives all students a fair chance to succeed through education. You can actually see the difference between the low income and the rest of Singapore. Many middle income families were poor in the beginning but moved up due to education so it's relatively fair in that sense.

  • Zato Ichi

    Zato Ichi

     7 days ago

    Bullshhit in terms salary ...$1000 can’t buy a house and no minimum income living and etc..Fake news ..👎

  • nad

    nad

     7 days ago

    Singaporeans think they have the best education in the world and are more educated than the rest in Asia. But how come there's a lot of foreigners working in that tiny State as the majority of companies in that City State say Singaporeans are unemployable. Singaporeans are saying that foreigners are taking the jobs for lower wages Singaporeans are refusing to take.

  • nad

    nad

     7 days ago

    Singapore is so rich but its people are so poor. I don't envy Singapore's economic status because a lot of its people are not happy and are under pressure for its cost of living.

  • james conor

    james conor

     7 days ago +1

    World : which nation has the finest inequality and is the most racist country !
    Singapore: hold my beer!

  • Noemi Lo Conte

    Noemi Lo Conte

     7 days ago

    Singapore is a beautiful city. I have been here this summer. I made a video about Singapore if you want to come to have a look! :)

  • Mahmut Koroglu

    Mahmut Koroglu

     7 days ago +1

    Singapore has the highest iq