Why is Singapore so rich? | CNBC Explains

1. chompers! she's like half Pharengi LOL

2. In present-day cities and Singapore, hardware is one thing, software is even more important.

3. Philippines has left the chat 😂

4. All corruption money goes here and then😊 loaned to the most corrupted country😂

5. Singapore is one of the richest nations in the world, wealthier than the United Kingdom and America despite having no natural resources. Meanwhile, in Africa, why they have all the resources they are still super poor, underdeveloped and not advanced.

6. 🎉🎉🎉60 lakh people

7. Is it possible to make some content on pak

8. Because of the best dictator in history Lee Kian yew

9. Nice country 🎉🎉🎉

10. One… because they are Chinese like Taiwan, South Korea, and Japan….two… because its tiny….but…. China is more POWERFUL….Chinese/Mongolian Ancestry is the best in the world!!!!

11. Interesting, the National museum of Singapore claims the unemployment rate in 1957 was 4.9% 🧐

12. People pls check if my answer is same
    Singapore invested on. People diaspora of science
    Once each scientist reach a NY patent, sold to. The world they share profit according to their agreenent

13. "AVERAGE" income is high because the 10% rich have an over the top income. Let's see the "MEDIAN" income?
    I know Singapore myself since more than 2 decades, was working and teaching there at the ITE and other places.
    It's hard for "ordinary" citizens, to keep up.
    I like Singapore non the less 😊

14. Touok❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

15. Takes more-successful in honest-income to be able to explain.

16. Так были придуманы ловушки, через которые человек это делает весьма успешно. Забирается только бесхозная энергия, которую человек не использует для своего развития. Меня же уничтожили за это и посадили они американцы

17. I used to go to singapore . I wonder why drinking water is so expensive.

18. 😂😂business 👉😋

19. it make sense that buying an automobile is expensive af in Singapore tho, the city is so small so automobile must only owned by few people, gov could apply a high tax on automobiles and feed public transport. my Singapore friends say the public transport there is so convenient so you dont really need a car. btw i’ve heard that Singapore foods are great im really planning to go there sometime!

20. If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to build generational wealth and cultivate financial knowledge, you must be in the market……

21. No corruption all countries are wealthy if the corrupted don’t steal

22. It looks rich from one side ,but other side its very unhappy country .don't see any one slimly all my 1 year stay , specially the asians…visiting and leaving is two different things

23. Great video to understand Singapore! Thank you!

24. Place?

25. Why they don't force diversity in singapore like they do it i Europe, Canada, Australia and America. Millions of africans are invading Europe and why people dont push diversity in singapore, Japan, Korea and Indonesia?

26. Colonize naman kaya naging rich..ang colonize sa atin naman mexico ..mga alipin ginawa sa atin..kaya..hanggang ofw ang labas haha..

27. I heard that there is no need to own a car in Singapore because the public transport system is one of the best in the world. Therefore, if you eliminate the cost of owning a car, the cost of living is not the highest in the world. I do not think Singapore is more expensive than NYC or Zurich.

28. I knew.

29. Location, location, location !

30. born and raised here LKY indoctrinated in the 70s,..I am proud of spore but I am glad I dont live here. everything is expensive and its hard not to compare how much food, transport and living costs now., compared to back then.

31. I appreciate you breaking things down, and great information! My portfolio of $56,700, which I made from my weekly trade in a short amount of time, makes me delighted, even with the present downturn in cryptocurrency.💩💯💯

32. In my fictional world, Malaysia Surpasses Singapore in every area

33. The Coe has many many ordinary citizens in even dreaming of owning vehicle thanks for killing dreams condo and all c's.pap is Chinese are minorities are screwed.

34. Rich Country with Stress People, many of citizens living in an small apartment like a bird cage. The senior citizen still work or they cant survive

35. Pap is very very rich foriengners are Singaporean beggars

36. I have actually heard people said before, if we do a lot bad things in this life, we will be born in hong kong and singapore in our next life. That means living in these countries r living hell

37. If singapore is rich, can anyone pls explain to me, why 99% of singaporean squeeze in a small apartment, not just that, 3 generations squeeze in. And also why 99% of them walk to work, they cant afford own transportation.

38. Exports is key to economic growth… Brexit anyone?

39. I am rich too don’t tell me

40. They have no military and they have a very high debt to GDP. The country is bankrupt

41. No corruption : this a major reason of Singapore prosperity.. No corruption : this a major reason of Singapore prosperity..

42. On the surface SG seems prosperous but you need to measure success by something more than purely GDP. I spent 3 years in SG and 3 things were apparent (1) the working culture is very hierarchal and oppressive (2) cost of living is very high (3) society there is very strict.

43. Please make a video on Pakistan

44. Not true…

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