Why Singapore Is a Great Disrupter

The video discusses Singapore's transformation from a poor colonial outpost to a thriving economy. Initially, few believed in its potential due to the lack of natural resources. However, under the leadership of Lee Kuan Yew, Singapore adopted innovative strategies, such as maintaining an open economy and attracting foreign investment. Today, it is one of the most competitive countries globally, with a significant presence in the oil industry, despite having no natural oil resources. Singapore's success is attributed to its strategic location, visionary leadership, and commitment to economic openness and innovation.

How did Singapore become a hub for foreign investment?

What are some key economic achievements of Singapore mentioned in the text?