Singapore is what it is today because of globalisation, says Lee Kuan Yew
Former Minister Mentor Lee Kuan Yew says Singapore is what it is today because of globalisation.
He said the investments of trans-national firms have played a part in the country's development.
Mr Lee made these remarks tonight while hosting French oil giant TOTAL to dinner at the Istana.
He has been on the firm's International Advisory Committee since 1993.
Mr Lee said the experience has given him useful inputs as a Senior Advisor to the Government of Singapore Investment Corporation.
Mr Lee recounted how Singapore overcame the odds after separating from Malaysia, becoming independent in 1965.
TOTAL's Chairman and Chief Executive, Christophe de Margerie, paid tribute to Mr Lee as Singapore's founding father and invited him to stay on the company's Advisory Committee for as long as he wanted.
TOTAL bases several of its activities in Singapore, including the marketing of lubricants.
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