Learning Journey for Learning Journey for Secondary 3- Secondary 3-

Understanding where it all Understanding where it all beganbegan

Done by :Done by :

Joey Tan Hui Shan (6)Joey Tan Hui Shan (6)

3s23s2

Learning Objectives: Learning Objectives:

Leadership is keyLeadership is key Work for Reward, Reward for WorkWork for Reward, Reward for Work A stake for everyone, opportunities A stake for everyone, opportunities

for allfor all Anticipate Change & Stay Relevant.Anticipate Change & Stay Relevant.

Development over Marina Bay Development over Marina Bay

Pearl Harbour (landing site for ships) Pearl Harbour (landing site for ships) -> Clifford Pier-> Clifford Pier

Development of Marina Bay SandDevelopment of Marina Bay Sand

- Singapore had depended greatly on services, its Singapore had depended greatly on services, its importance of economy growth which provide the importance of economy growth which provide the basis fundamental finance property has to remain basis fundamental finance property has to remain its competitiveness and MBS as a finance center. its competitiveness and MBS as a finance center.

- It opens up to the world by establishing It opens up to the world by establishing international links and more revenues.international links and more revenues.

Foreign Investors in Singapore

Foreign investors were examples like Adidas, Chanel, Gucci, Louis Vuitton, Tiffany & Co., Jimmy Choo in Singapore. (as seen in MBS today)

They opened up and expanded their business in Singapore as a bigger revenue to earn money.

Development of Marina Bay Development of Marina Bay SandSand

- It helps to promote the economy growth It helps to promote the economy growth and prosperity of Singapore by bringing and prosperity of Singapore by bringing tourists through expenditure.tourists through expenditure.

- This would help to attract foreigners and This would help to attract foreigners and investments. Similarly, we have to balance investments. Similarly, we have to balance the vices costs brought by the society the vices costs brought by the society problems.problems.

Our Singapore (Before and After)Our Singapore (Before and After)

Water supply Water supply depended on our depended on our neighbour -> neighbour -> Creation of Creation of NEWaterNEWater

MalaysiaMalaysia’’s water s water contract (before) contract (before) -> NeWater -> NeWater (Now)(Now)

Anticipate Change & Staying Anticipate Change & Staying RelevantRelevant

The NEWater was founded due to our governorThe NEWater was founded due to our governor’’s s insight of that the water contract would end and insight of that the water contract would end and that the supply of our water would not be able to that the supply of our water would not be able to meet the demandmeet the demand’’s of the people.s of the people.

The NEWater was a success. The NEWater was a success. It curbed the problems and it was a discoveries of It curbed the problems and it was a discoveries of

new technology on the new technology on the ‘‘use of reverse Osmosisuse of reverse Osmosis’’.. The technologies were taught and used by other The technologies were taught and used by other

countries and countries had to pay for the use of countries and countries had to pay for the use of this technology. this technology.

Anticipate Change & Staying Anticipate Change & Staying RelevantRelevant

Singapore had no raw resources to depend on, Singapore had no raw resources to depend on, our government had thought of new ways to our government had thought of new ways to expand our revenue, through the opening of the expand our revenue, through the opening of the Integrated Resort, Universal Studio of Singapore, Integrated Resort, Universal Studio of Singapore, Marina BayMarina Bay’’s development.s development.

The opening of Integrated Resort, Universal The opening of Integrated Resort, Universal Studio Of Singapore, Marina BayStudio Of Singapore, Marina Bay’’s development s development brought in prosperity to the country as it attracts brought in prosperity to the country as it attracts tourists to spend more and visit Singapore.tourists to spend more and visit Singapore.

A Stake for everyone, opportunities A Stake for everyone, opportunities for allfor all

Many Singaporeans were against and objected Many Singaporeans were against and objected the idea of the Integrated Resort (IR) as they the idea of the Integrated Resort (IR) as they were more vices and contribute to the society were more vices and contribute to the society problems, for instance, gambling addicts, loan problems, for instance, gambling addicts, loan sharks.sharks.

As a result of the objection, the government As a result of the objection, the government decided to create a levy of $100 for the entry of decided to create a levy of $100 for the entry of the Integrated Resort (IR) and also the families the Integrated Resort (IR) and also the families can apply to ban their family member who were can apply to ban their family member who were compulsive gambler from the casinos.compulsive gambler from the casinos.

Work for Reward, Reward for Work for Reward, Reward for WorkWork

With the rising of the Marina Bay Sand, With the rising of the Marina Bay Sand, Integrated Resort with casino and from the Integrated Resort with casino and from the growth in tourism, job creation and increase in growth in tourism, job creation and increase in revenues, there is a rising demands of revenues, there is a rising demands of employment of jobs in Singapore. employment of jobs in Singapore.

In order to curb the problems, foreign talents In order to curb the problems, foreign talents were encouraged into the society. Foreign talents were encouraged into the society. Foreign talents would be rewarded with educations, benefits and would be rewarded with educations, benefits and as an incentives so as to work or study in as an incentives so as to work or study in Singapore.Singapore.

Work for Reward, Reward for Work for Reward, Reward for WorkWork

Meritocracy is the system that rewards hard work Meritocracy is the system that rewards hard work and talent. Meritocracy helps to give everybody in and talent. Meritocracy helps to give everybody in society an equal opportunity to achieve their best society an equal opportunity to achieve their best and be rewarded for their performance.and be rewarded for their performance.

Similarly, it gives Singaporean a chance to Similarly, it gives Singaporean a chance to perform well and be rewarded for their hard work. perform well and be rewarded for their hard work. It therefore, increases the quality and It therefore, increases the quality and competitiveness among the workforce. Hence, it competitiveness among the workforce. Hence, it boosts the economic growth and prosperity in the boosts the economic growth and prosperity in the nation.nation.

Work for Reward, Reward for Work for Reward, Reward for WorkWork

By having an efficient and quality By having an efficient and quality workforce, it would means a better workforce, it would means a better revenue as compared to others to the revenue as compared to others to the investors, it helps to attract foreigners and investors, it helps to attract foreigners and investments in Singapore. investments in Singapore.

ConclusionConclusion

Over the decades, Marina Bay’s Over the decades, Marina Bay’s development which brought along development which brought along prosperity played a part in improving prosperity played a part in improving Singapore’s economy and Singapore’s Singapore’s economy and Singapore’s standard of livingstandard of living.. It is also important for It is also important for Singapore to sustain its growth in the 21Singapore to sustain its growth in the 21stst century through the Principles of century through the Principles of Governance deployed to maintain its Governance deployed to maintain its competitiveness among the countries. competitiveness among the countries.

Credits: Credits:

http://sg.images.search.yahoo.com/search/images

http://www.google.com/search/imageshttp://www.google.com/search/images