Johor Will Be Richer Than Singapore. Here's Why.

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  • Опубліковано 18 гру 2024

КОМЕНТАРІ • 74

  • @jasonsoh79
    @jasonsoh79 15 годин тому +29

    One of the reason for Shenzhen's success is the low pay and long working hours of the working class. Can malaysians accept 996? Are you sure malaysians want to be like Shenzhen?

    • @afifi-my
      @afifi-my 14 годин тому +2

      chinese already like working long hours.

    • @jasonsoh79
      @jasonsoh79 14 годин тому +9

      @afifi-my Its different. Not sure if you know what 996 means, it means 9am to 9pm, 6 days a week. But in reality, some work even longer than that in China despite the low pay as there are just too many people looking for job.

    • @leealex24
      @leealex24 12 годин тому +1

      You dont need to work 996 to become an important economic hub but Johor will be ranked 2nd at best to KL.

    • @tg988
      @tg988 11 годин тому

      Elon Musk said Singapore will extinct. How?

    • @csjlm4957
      @csjlm4957 8 годин тому +2

      Mexico crying... 😢 : why can't I macam Shenzhen. I'm cheaper than USA. Holiday paradise for many US people. Many come here to spend. Many USA factories built at my place too. Maybe I too lazy.😢😢

  • @longgengchern4928
    @longgengchern4928 2 години тому +9

    Speaker is a bit naive. He has read too much economic text books and lack of practical and real life experience.

    • @ChengEakChew
      @ChengEakChew 36 хвилин тому

      he is just too idealistic ....... just solely based on books . The fact is, for a city or country to become like Shenzen, Shanghai ..... or even S'pore ......... it is not just about location ..... there is multi-factorial, esp. the human factors .... besides country's political reasons!!

  • @rexteo8062
    @rexteo8062 43 хвилини тому +1

    City Singaporean carry so many house loan and COE loan to work until 68 years old, like Kuala Lumpurian or Melakian. Johorian don't carry so many house loan and COE loan. Johorian mostly oil palm landlords inherited by parents, especially North Johorian.

  • @LWYg
    @LWYg 12 годин тому +16

    Malaysia doesn't have meritocracy and lacking in so many other areas and you think Malaysia can beat Singapore? Yes, this is possible; in another multiverse.

    • @tg988
      @tg988 11 годин тому

      Elon Musk said Singapore will extinct. How?

    • @raymondtan6041
      @raymondtan6041 3 години тому +2

      @@tg988 he pretty much said plenty other things that did not happen as well. Just treat it with a grain of salt

    • @LWYg
      @LWYg 2 години тому

      @@raymondtan6041 Treat it with a pail of salt. If a foreigner were to view this video, they would believe but hey, we were born and lived in malaysia all our lives. We know how the policies in malaysia are ingrained and favours who. Malaysia won't be a threat to Singapore for generations to come. If malaysia can't pose a challenge, what more johor. Vietnam or Thailand would be a stronger competitor to Singapore economically.

    • @justscanningby9902
      @justscanningby9902 Годину тому

      I think Elon mask will extiink before Sinkapor extink. Can Elon mask live another 50 years?😄. I believe Sinkapor can still exist for more than 50 years

  • @LuckySliver
    @LuckySliver 11 годин тому +2

    Building synergy and prospering together is important! your content always can't get away from comparison with Singapore

  • @dryden28
    @dryden28 11 годин тому +3

    Johor will only prosper if the federal gov allow the state to do its own thing with its own tax money. The state has been greatly limited by the amount of tax it has to give to federal gov and what's left is not enough to compete with SG. You can have land and a well educated labor force but if u don't have the money to build the infrastructure to attract the best companies in the world, its all empty talks. The worse problem of all is the best talent of Johor are crossing the border to earn 3X.

  • @jer2911.L
    @jer2911.L 14 годин тому +5

    Hope is a waking dream. Reality is often disappointing. Nothing is gonna happen unless the Johorean's level of English is the same as SG.

    • @tg988
      @tg988 11 годин тому

      Elon Musk said Singapore will extinct. How?

    • @jer2911.L
      @jer2911.L 11 годин тому +1

      @@tg988 Musk withdrew his "investment" from Malaysia. He's not "stupid".

    • @leealex24
      @leealex24 11 годин тому

      @@jer2911.L He didn't. Whatever investment is expected, he did.

    • @ViolentCabbage-ym7ko
      @ViolentCabbage-ym7ko 4 години тому +1

      Singlish shouldn't be called a standard, it's embarrassing

    • @jer2911.L
      @jer2911.L 3 години тому

      @@leealex24 Get your facts right. The Edge reported on Aug 7 that Musk shelves plans to set up factories in Malaysia. He has been appointed by Trump to lead DOGE. His investments will be in USA. Reality often shatter dreams.

  • @angeluscorpius
    @angeluscorpius 10 годин тому +5

    Investors value stability. Singapore just had her 4th PM. In less than 60 years (or over 60 years if you count from self-government). How many PMs has Malaysia had in the last 6 years? That speaks to political stability. Without stability, no city can become a financial/investment hub.
    Every (working) morning about 300,000 Malaysians cross into Singapore. The Rapid Train System (?) will move 10,000 people per hour. So from 5 am (if the RTS operates that early) to 9 am, it would move 40,000 people from Johor to Singapore. Leaving 260,000 to continue to struggle to get thru the checkpoint. The RTS seems to be an inadequate solution. That speaks to Johor's/Malaysia planning and execution ability.
    A real solution would be for passport free travel between Johor and Singapore. This would reduce the checkpoint congestion/bottleneck. But that raises a host of other legal and logistic questions.
    But assuming these questions are resolved or mitigated, I can see land-starved Singapore businesses crossing the Causeway to set up offices, factories, nursing homes, hospitals, aged care facilities in Johor. And part of the congestion of Malaysians crossing into Singapore will be reduced as many of them would now be working in Singapore businesses operating in Johor.
    But if Johor wants to be richer than Singapore, it needs to steal the financial services and investments from Singapore. Singapore took decades to build our trust and reputation so investors and Family Offices chose to set up offices in Singapore. Does Johor have that reputation?

    • @csjlm4957
      @csjlm4957 8 годин тому

      Malaysia already changed 4 PM within 2 years. 💪😅 Power ler....

  • @choonhockong8215
    @choonhockong8215 12 годин тому +6

    Johore can beat Singapore as a financial, banking, logistics, technology hubs. Get more foreign talents to replace dead wood manpower. Grant more PRs, new citizens to foreign pmets. Implement fair treatment for all races, etc. Policies must not flip-flop 😂.

  • @pohsankuan4432
    @pohsankuan4432 28 хвилин тому +1

    What kind of people run Shenzhen, and what kind of people run JB?

  • @dausdk
    @dausdk 9 годин тому

    Wow, solid breakdown on JB's potential! Kalau betul2 semua plan jadi, JB memang boleh jadi next Shenzhen. Tapi, daus rasa biggest challenge still execution & political stability la. Kalau policy asyik tukar macam roti canai, investor pun takut nak masuk. Hopefully leaders kita fokus long-term growth, bukan drama politik. ✌ Btw, video ni memang best, keep it up!

    • @csjlm4957
      @csjlm4957 7 годин тому

      Or jadi next Mexico. 😎🤠🥳

  • @xiaomashitu
    @xiaomashitu Годину тому

    JOHOR GO GO GO

  • @jameslee9742
    @jameslee9742 11 годин тому +3

    Ya Johor will be richer than Singapore and Singaporean will go Johor work as low wage labor like 1 of their minster said ! lol.. Laugh lei you alll

  • @MultiWorld2000
    @MultiWorld2000 9 годин тому +1

    Don't compare with Shenzen bro ! They're in the same country!

  • @WalterKluwers
    @WalterKluwers Годину тому

    If Malaysia can keep racial and religious politics out of the government, not just Johor but the whole of Malaysia will be richer than Singapore. But can it be done or not. That is the question

  • @dr.kingsleytanwengkean8376
    @dr.kingsleytanwengkean8376 3 години тому +1

    Don’t talk prove it the extremely high illiteracy in Johor and terrible infrastructure 😢 how can it be ? SEZ JOHOR and Singapore just a dream let’s see

  • @shutengloke5907
    @shutengloke5907 21 хвилина тому

    @6:58, "These individuals need politically stable, economically secure places to manage their global investment". And Malaysia fit that?
    And actually you missed one more criteria - rule of law.

  • @ViolentCabbage-ym7ko
    @ViolentCabbage-ym7ko 4 години тому +2

    Singapore is already running out of land and must resort to playing Tetris whenever they need to build something. Without land, Singapore's GDP will be stagnant in the future as growth is difficult for businesses without any expansion. This is why Singapore must reclaim land in order to keep up with demands. The cheaper alternative is for businesses to expand in Johor for operations while the HQ is based in Singapore, hence, why JS-SEZ is inevitable.

    • @justscanningby9902
      @justscanningby9902 Годину тому

      No land no problem. Reclaim. Monaco has been doing this for hundreds of years. Not only Monaco, but Hongkong Macao tokyo china nerderlands Emirates . . .

    • @ViolentCabbage-ym7ko
      @ViolentCabbage-ym7ko 32 хвилини тому

      @@justscanningby9902 That's a genius idea! Let's reclaim land until Singapore merge with Indonesia and ignore territorial waters. Problem solved!

    • @ViolentCabbage-ym7ko
      @ViolentCabbage-ym7ko 20 хвилин тому

      @@justscanningby9902 Singapore is surrounded by Malaysia up north and Indonesia down south. There's only a limited space for land reclamation before Singapore reaches into other country's territorial waters. It also does not help that both Malaysia and Indonesia have banned exporting sand to Singapore and the project will be very costly. Singapore's weakness has always been its small size and reclamation can only do so much

    • @FrostWing-k5u
      @FrostWing-k5u 15 хвилин тому

      @@justscanningby9902 There's only so much space for Singapore to expand before it reaches other country's territorial waters and the project will be costly.

  • @highwind85
    @highwind85 22 хвилини тому

    Comparing JB-SG to Shenzhen-HK and thinking that JB can overtake Sg is fallacious.
    Shenzhen and HK are part of the same country and China wants Shenzhen to succeed and surpass HK. Sg isn't going to stop and wait for JB to catch up.

  • @babibrain
    @babibrain 7 годин тому

    Possible when Malaysia peg RM1 ≈ SG$1. Shenzhen is able to do it because RMB1 ≈ HKD1. As long as SG$1 > RM3, Singapore is still the finance hub because people trust the strong dollar not weak ringgit.

  • @joeyk4325
    @joeyk4325 27 хвилин тому

    It is very difficult to compare. Don’t forget even if that is 1 country 2 system. It still belong to 1 country, 1 government to make decisions. Compare to sg and johor no matter what it is still 2 country with different government different system. Just look at the VEP, just a car system it took such a huge amount of effort to make it happen. Even after it is implemented, there are still so many issue. 😅

  • @akoklee8206
    @akoklee8206 2 години тому

    dreaming at night is OK but don't dream at day time

  • @leealex24
    @leealex24 12 годин тому +4

    Johor will rise for sure, but it will be at best ranked 2nd to Klang Valley/KL as KL also is becoming stronger world class hub.

  • @shutengloke5907
    @shutengloke5907 16 хвилин тому

    For custom/immigration using QR code, it only eliminate the job of the immigration officer/the person crossing the border to scan the passport. Beyond that everything else is still the same. Maybe can save a few second/pax?
    As for congestion, it is NOT about public transport, car or bike. The bottleneck is the IMMIGRATION. Which is why people queue up for hours at immigration even though they take public transport.
    So will the RTS help? Not really if immigration cannot process 10,000 pax in an hour. And if immigration can process 10,000 pax/hour today, then we don't need a RTS already.
    While we always compare Shenzhen with JB, most people failed to realized that JB and SG is actually 2 different countries with different set of laws and have a strict border. So the comparison is actually not valid.

  • @jeffkwanjk
    @jeffkwanjk 4 години тому

    Yes, Johor will boom as long as there is a passport free zone between Singapore and Johor. It will take both govts. to shift their immigration clearance points. How soon???? What will be, will be. If it is written.......

  • @RaphJonathanTan
    @RaphJonathanTan 14 годин тому +3

    feeling hopeful once again for this country.

    • @tg988
      @tg988 11 годин тому

      Elon Musk said Singapore will extinct. How?

  • @damiengohsx
    @damiengohsx 13 хвилин тому

    Shenzhen and HK are same country. while JB and SG are not and this is the key factor.

  • @goldenspoon87
    @goldenspoon87 11 годин тому +3

    Shenzhen had the backing and political capital of Beijing, financially backed by Shanghai, and FDI from all over the world due to china being the factory of the world.
    This means, KL needs to have a strong political centre (currently quite fragmented), FDI seems to be growing under Anwar, stabilising the Ringgit. Then Malaysia has to be the manufacturing hub of ASEAN. This would lay the groundwork for JB being the next Shenzhen. Otherwise, Singapore can always play ball with Indonesia or other ASEAN players.
    Lastly, Singapore's GDP is not just larger than Johor, it is larger than the entire Malaysia. Who knows what Malaysia is doing with all the resources under its disposal. Whereas at its peak, HK's GDP was 1/4 of China's. China still was able to pull its weight over HK. Singapore is already doing better than all of Malaysia, why does it need a Shenzhen?
    Some things to consider.

    • @ViolentCabbage-ym7ko
      @ViolentCabbage-ym7ko 4 години тому

      Malaysia is receiving a lot of FDIs from all over the world. Billions of dollars are poured into Johor for data centers, electrical and electronics manufacturing as stated by MIDA

  • @csjlm4957
    @csjlm4957 8 годин тому

    Transform to Mexico or Shenzhen? 🤔

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    @YaoAnne-j7g 9 годин тому +1

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      @HaholBarton 9 годин тому

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  • @SaviorGCA
    @SaviorGCA 15 хвилин тому

    Even you open your bussiness at Malaysia, you going have hard time to find labour..less manpower or many people that going take Mc that going to lower the productivity plus if next generation elections pas become government . I tell you habis…

  • @animacroix
    @animacroix 8 годин тому

    Man... The title's such a click bait. 😂 There are so many ifs in the video.. but yeah agree the ingredients are there, and I would say it has always been, but the fundamentals will need work

  • @JamesC-b9k
    @JamesC-b9k Годину тому

    Conditions are not the same.

  • @anziar3038
    @anziar3038 7 годин тому +1

    Keep dreaming! You are either ignorant, deceiving, or both. 😂😂

  • @celestialx8
    @celestialx8 12 годин тому +1

    I doubt johor will beat Singapore. The government change the law for allowing Muslim to take off day on Friday so that would affected to the major business in johor.

    • @leealex24
      @leealex24 12 годин тому

      Johor will rise for sure, but it will be at best ranked 2nd to Klang Valley/KL as KL also is becoming stronger world class hub.

    • @tg988
      @tg988 11 годин тому

      Elon Musk said Singapore will extinct. How?

  • @marktung8838
    @marktung8838 2 години тому

    Lol😅😂

  • @tg988
    @tg988 11 годин тому

    Singapore overprice itself. Most will go for affordable ones.

  • @Shyaam666
    @Shyaam666 15 годин тому +1

    First!

    • @tg988
      @tg988 11 годин тому

      Elon Musk ranked first in wealth