Singapore’s Straits Chinese Banking Families: Every Side Has a Story

I posted a portrait of Singapore’s Straits Chinese Banking Families a few days ago. I received feedback that the chart was too big and unclear, so I have broken it up into smaller parts, and added in some extracts from books and notable quotes of the pioneers.

SINGAPORE’S STRAITS CHINESE BANKING FAMILIES 3

The extracts and notable quotes follow below the charts.

SINGAPORE’S STRAITS CHINESE BANKING FAMILIES @ Lim Boon Keng Tan Lark Sye Lee Kong Chian Tan Kah Kee

The Economic Growth of Singapore Trade and Development in the Twentieth Century b edited

The Economic Growth of Singapore Trade and Development in the Twentieth Century a edited

From: The Economic Growth of Singapore: Trade and Development in the Twentieth Century

SINGAPORE’S STRAITS CHINESE BANKING FAMILIES @Tan Kah Kee Lee Kong Chian Tan Lark Sye Lim Nee Soon Tan Keong Siak

Transnational Business Networks and Sub-ethnic Nationalism Chinese Business and Nationalist Activities in Inter-war Singapore (1919-1941) a edited

Transnational Business Networks and Sub-ethnic Nationalism Chinese Business and Nationalist Activities in Inter-war Singapore (1919-1941) b edited

Transnational Business Networks and Sub-ethnic Nationalism Chinese Business and Nationalist Activities in Inter-war Singapore (1919-1941) c edited

From: Transnational Business Networks and Sub-ethnic Nationalism? Chinese Business and Nationalist Activities in Inter-war Singapore (1919-1941)

SINGAPORE’S STRAITS CHINESE BANKING FAMILIES @ Tan Chin Tuan

Chinese Family Business and the Equal Inheritance System Unravelling the Myth edited

From: Chinese Family Business and the Equal Inheritance System: Unravelling the Myth

Globalization and the Rise of China Their Impact on Ethnic Chinese Business in Singapore b edited

Globalization and the Rise of China Their Impact on Ethnic Chinese Business in Singapore c edited

From: Globalization and the Rise of China: Their Impact on Ethnic Chinese Business in Singapore

Chinese Business Enterprise, Volume 2 a edited

Chinese Business Enterprise, Volume 2 b edited

Chinese Business Enterprise, Volume 2 c edited

From: Chinese Business Enterprise, Volume 2

SINGAPORE’S STRAITS CHINESE BANKING FAMILIES @ Lee Kuan Yew

Globalization and the Rise of China Their Impact on Ethnic Chinese Business in Singapore a edited

Globalization and the Rise of China Their Impact on Ethnic Chinese Business in Singapore d edited

Globalization and the Rise of China Their Impact on Ethnic Chinese Business in Singapore e edited

Globalization and the Rise of China Their Impact on Ethnic Chinese Business in Singapore f edited

From: Globalization and the Rise of China: Their Impact on Ethnic Chinese Business in Singapore

Political Business in East Asia a edited

Singapore Politics Under the People's Action Party b edited 2a

Singapore Politics Under the People's Action Party b edited 2 b

From: Singapore Politics Under the People’s Action Party

Political Business in East Asia b edited

From: Political Business in East Asia

Some notable quotes:

Lim Boon Keng: “It is on the youth of today that so much will depend – Malaya’s racial harmony, economic development and prosperity and eventual self-government. The home must be properly established, good morals must be observed, and filial piety practised. There must be sincerity of thought, honesty of action and goodness of heart.”

Tan Kah Kee: “Treat people with sincerity. Do things with perseverance.”

Lee Kong Chian: “Whoever wants to harvest good rice, must also plant good seeds.”

Tan Chin Tuan: “If you want to lay down a policy, you must set yourself as an example.”

When asked, “Are you ever angry with the Government for taking away your right and left hand men (referring to Tony Tan, Yong Pang How, Wong Pakshong)”, Tan Chin Tuan said, “I regard it as sending them off for National Service.”

“Greed is a prelude to downfall. To be successful, you should give before you take.”

Lee Kuan Yew: “I have been called many names, but no one has called me greedy for money. When I went into politics in 1954 with the formation of the PAP, I set out to achieve other things than to get rich. That also goes for my wife. My greatest pride is what Singapore now is and with a capable second generation group of leaders to carry it forward. My wife’s greatest pride is not my fame or status but our three children, because they are honest, upright and honourable.”

“When I call a man openly, you’re a liar, you’re dishonest, and you do not dare to sue me, there’s something basically wrong. And I will repeat it anywhere and you can’t go and say, oh, I have apologised; let’s move on. Can you commit a dishonourable — maybe even one which is against the law — an illegal act and say, let’s move on because I’ve apologised? You may move on but you’re going to move on out of politics in time.”

Lee Hsien Loong: “Let’s move on!”

“Hence, we have always been honest and forthright with Singaporeans when something goes wrong.”

“Have the courage and honesty to take responsibility for what you say and what you do.”

“We must admit our mistakes openly and honestly, put them right, and act against those who have been culpable.”

“And if we didn’t quite get it right, I’m sorry, but we will try and do better the next time.”

“If a Minister is negligent or dishonest, then of course, he has to be sacked.  I have not had to do that.  But if a Minister does not perform well despite all his best efforts, then I may move him to a less demanding portfolio where he is able to perform, or if necessary, I may have to phase him out discreetly.”

“But overall, I think I can honestly say, without blowing our own trumpet, that it is a good system that has served Singa­pore well.”

“Why this is being realistic, why you have to be honest and not hypocritical about this matter, why it is necessary to have the best man to be the Chief Justice, to be Judges, to be the Attorney-General, to be Permanent Secretaries and Ministers, and how important it is to do that right rather than argue over a few million dollars of salary.”

Teo Chee Hean: “What do you think?”

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18 comments

  1. Roy is a great man

    Roy is not only great man
    but also a great detective
    we shall never stop to talk about the debts that PM Lee Hsien Loong owed us
    play job like a loan sharks
    we never stop to expose Temasek’s profit was our CPF owner’s profit
    PM’s wife owed us,
    we put our cpf together for welfare together
    not for PM’s wife own huge profit , ok !

    that is a debts that PM and his wife owed all CPF owners !

      • Xmen

        Hmm… are you talking about Japan and Germany after WWII? If so, tearing down and building up was definitely the right thing to do. LOL.

      • reply Bodoh

        we want improving ≠ you conceived as tearing up
        we want a new Prime Minister, means no more so high payment.
        it is an very reasonable demanding
        after change, the sky still blue, the sky still blue, but the people can live a bit longer life than before.
        for every Singaporeans safety life, we want to change .

  2. 路见不平

    1)新加坡花费了億万元的軍亊硬件来保护这島国后,却如此脆弱到要禁止一部国际称誉,拍摄了流亡海外者访谈的七十分钟长的影片来保护”新加坡的国家安全和稳定”。在我说下去之前,请让我申明我与电影的关系,我是陈冰冰的《星国恋》中六位被访者之一,言外之意,也是被指危害新加坡的国家安全。

    答复:
    ---目前的新加坡仍然是李光耀家族的私人所有。因此这是李光耀家族个人的行为, 不代表新加坡。不过被老虎拒绝,应该庆幸是一件好事。

    2)我对於导致我流亡伦敦的事件以及我对PAP的看法已经公诸於世人。而且记录在下例可在新加坡买到的书本中: 2012的《獅爪逃生》,2012的《烟幕与镜》,1987的《让人们来判断》和1987的《裁赃嫁禍》。

    答复:
    --- 我们希望看到一本完整的记载, 从头到尾,包括全部的受害者,不要遗漏一个,列出来网址或名字, 研究人员将从哪里可以读到这一些历史。 对历史人物的研究,对政治人物性格的还原很有用。

    3)
    倘若在过去二十四个月内上述书本並沒构成危害新加坡国家安全,为何突然间,我的影象和谈话会构成对国家安全的威胁。这问题也同样的关系到与我同样流亡伦敦的洪瑞钗医生与何元泰,他们也出现在影片里,《狮爪逃生》也详述了他们流亡的经过。

    答复:
    --- 老虎狮子都有他们的范围, 人类不要硬闯野生动物园,为了生命安全, 人类在外围观望后, 在写评介,一样感动天地。

    4)

    电影里也拍摄了前左派社会主义阵綫的议员陈新嵘与黄信芳及他们的一些住在泰国南部同志的生活和看法。为了不受到迫害,他们在六十年代期间逃离新加坡,后来加入边境的共产游击运动。自从1989马来亚共产党与马来西亚签署和平条约后落戶于泰国南部。
    文化通讯部部长雅各依布拉欣对於反对放映这部影片的说法都是令人十分费觧。

    答复:
    --- 看到这些文字记载,引起轩然大波一般的巨大愤怒, 不过时代改变了人类的野蛮, 正在向辉煌的文明国度,还是希望这些篇章协助历史, 最负责任地给李光耀一个完整的画像。

    5)

    雅各依布拉欣说:”……那些选择离开新加坡並住在国外的个人,拒绝对他们过去的行为解释,就不应该享有公共平台让他们发表歪曲与不确实 的说明来误导公众,以宣称无辜或否认过去的活动”。雅各似乎不知道已故马来亚共产党总书记陈平曾在九十年代两度到访新加坡。他会见了李光耀和吴作栋,在学术座谈会上发言,他的访谈过后也对外出版。如果陈平到访新加坡与可在新加坡购得的自传《我方的历史》,都不足以构成危害新加坡安全,陈平的同志们的影 象和谈话又怎么会呢?

    答复:
    --- 什么共产党,什么华文沙文主义,什么行动党, 什么民主党,什么共和党, 等等等等, 都不是问题, 问题是人 !这个人要吃人, 他就搬出非吃不可的理由。他要吃陈平, 还是他不吃陈平,取决他对对方在乎与担心的程度。

    6)

    不管想像力有多丰富,显然地这影片绝不可能会危害新加坡安全。媒发局的论调,紧接着内阁部长的认可,是对新加坡人智慧的侮辱。因此引发强烈的抗议是意料中亊。可是为什么这群领天文数字薪水,理应有高智慧者,有些还是军方髙层人员,竟然作出或默许这种决定。对於一般的人而言,是愚不可及还是奇蠢无比呢?为何这牵强的威胁安全的判定是对常理的侮辱呢?

    答复:

    --- “这群领天文数字薪水,理应有高智慧者 ”, No, 他们只是李光耀的仆人 , 与智慧无关。

    不过在新加坡播放的意义没有在国际上播放大, 希望把原稿送给好莱坞, 全球上映。最好写的全面,把过去50年间每一个受害者都刻画得栩栩如生, 李光耀家族, 他们的法官,都能找到扮演者,包括淡马锡的发达都写入史册,相信很有卖点,并震惊世界。这里有团队愿意提供剧本写作协助。

    7)

    显然的答案就是当杖者对新加坡历史只允许一家说法—PAP的故亊。影片呈现了鲜为人知的新加坡政治层面,並且在这过程中,不可避免地呈现了另一历史的版本。《星国恋》是部精心拍摄电影,强烈地质疑官方的成规的历史观。禁止该电影违反了新加坡憲法第十四条保障言论自由。唯一能回避憲法第十四条的方法就是援引威胁安全这一紧箍咒。这样的做法对仼何民主国家而言是非常牵强的,法治国家对”安全威胁”的詮释是极为严格与狭窄的。

    答复:
    --- 塞翁失马, 焉知非福, 这不妨也不是一件坏事,毕竟引起了更多重要的关注。

    8)

    新加坡可就不同了。这也是内阁必领高薪,当部长或总理要十分总明的厡因。可是人民並不笨。总有一天,人民会知道谁才是连环凌辱新加坡憲法者。

    答复:

    --- 希望作者联络我们。一起来实现梦想。

  3. Welfare in Japan

    日本最低生活保障制度

    日本最低生活保障制度也稱生活保護,是日本國一種對窮人和各種弱勢直接發給金錢的社會福利,资金一半由地方各级政府列入财政预算,另一半中央支付,目前有212萬4千多人領取。

    福利金發放根據生活保護法第一條和日本国憲法第二十五條制定法源,對於國民無法維持生活者給予幫助,以平等原則和補充性原則為主,二戰後混亂期曾經達到200萬人領取(當時人口數),1995年時達到最低值88萬人領取,後來景氣惡化1999年後突破100萬,2012年達212萬以上。[1]外國人因結婚或其它原因持有永久居住資格的也可領取,目前以韓裔人士領取者2萬7千多人為最高,菲律賓裔4千多人第二。

    日本的福利制度相当健全。从儿童福利到残疾人、老年人福利以及对低收入人群的生活扶助、医疗扶助等各种制度应有尽有,而且根据社会的需求在不断的加强和完善。目前来说,基本做到了对弱势群体的保护。这是一个文明社会的重要标志。

    日本的孩子一出生就能得到儿童津贴,虽然各地有差异,但一般都是到小学毕业。学龄儿童若家庭收入低的化,可以申请就学支援生活扶助,由此学费的大部分可以得到补助。单亲家庭有儿童抚养津贴,残疾儿童有特别抚养津贴,残疾人还有残疾人津贴。收入低于基本生活水准的家庭可以享受生活保护,根据收入情况可利用高额医疗补助制度。还有年金制度、健康保险等。

    医疗制度

    1961,日本修改了运行35年的《健康保险法》,制定了全民必须参加《医疗保险法》,要求公平地向全体国民提供免费医疗服务,目前日本国民医疗保险覆盖率为99%,为世界之最。

    养老保险

    养老保险是1961年根据《国民年金法》建立的,一开始的保险对象是自营业者、农民、无业人员以及学生。1985年,日本政府修改《国民年金法》,规定1986年4月前各类雇员及其配偶都必须加入国民年金。这样,国民年金就成为全体国民共同参加的社会养老保险,被称为“基础年金”。

    养老保险的保险者是政府,被保险者是20~60岁的自营业者(第一类被保险者)、厚生年金保险的被保险者(第二类被保险者)和厚生年金保险被保险者的20~60岁的配偶(第三类被保险者)。国民只要按规定缴纳保险费,到法定养老年龄(一开始是60岁,现为65岁)后,

    养老保险按月发放,在退休后每月可以领取最高金额为67000日元(约990 SGD)。

    Welfare in Japan
    Social welfare, assistance for the ill or otherwise disabled and for the old, has long been provided in Japan by both the government and private companies. Beginning in the 1920s, the government enacted a series of welfare programs, based mainly on European models, to provide medical care and financial support. During the postwar period, a comprehensive system of social security was gradually established.[1][2] Government expenditures for all forms of social welfare increased from 6% of the national income in the early 1970s, to 18% in 1989. The mixture of public and private funding have created complex pension and insurance systems. But a much older tradition calls for support within the family and the local community.

    The futures of Japan’s health and welfare systems are being shaped by the rapid aging of the population (see Elderly people in Japan). Medical insurance, health care for the elderly, and public health expenses constituted about 60% of social welfare and social security costs in 1975, while government pensions accounted for 20%. By the early 1980s, pensions accounted for nearly 50% of social welfare and social security expenditures because people were living longer after retirement. A fourfold increase in workers’ individual contributions was projected by the twenty-first century.

    en.wikipedia.org/wiki/Welfare_in_Japan

  4. Welfare in Japan

    日本首相的工资待遇是多少? 领老婆去,算不算游山玩水 ?

    答:
    据报道,日相的收入甚至比不上东京市长石原慎太郎。

    首相是公务员,首相的月俸将近104万日元 ( 1万美元 )。安倍此前就已表示,“作为首相挣得太多了”,主动将其中的70万日元还给了国家,每月只领不到34万日元的薪水。

  5. Jackfruit

    roy how can I giro money to you ? I can give u 5 cents each month for the very entertaining articles, they are very long but reading the titles alone is good enough to make me laugh…

    • reply Jackfruit

      yes please, warmly welcome your any coin of donation , just do it, no ask , we will pick up every cent if you throw it away .

      by the way, you laugh or your cry, it was not our business

  6. The let down.

    The Singapore government is the most useless good for nothing government in the whole world. Cant even solve transport and environmental issues within a small city , yet drawing biggest pay cheques. Just hope for some form of divine intervention to wipe out these parasites.

    • WorldClass

      Why the need for divine intervention? You mean to tell me educated people can’t think and solve problems? Your papers for what? Wipe backside?

  7. reply above

    Give him a defective grandson, was God’s intervention, He has overbearing, God had magical punishment consequently.

  8. CRIMOND G

    Interesting article…….Interesting because I Know so many of the names although my grandpa Tan Sew Aik ….my mum’s father is not mentioned. In fact he was one of about a handful of the FOUNDING directors. Archives show him as having served from 1932 the date OCBC was founded to 1942 or was it ’44 when he died having suffered a horrible beating by the Japanese. Having said that , none of us , his grand-sons or grand daughters are in any financial position that anyone would envy…..we are all proudly Squeaky clean and proud of our Christian heritage inherited from Mrs Tan Sew Aik a good Christian woman who God took home early in her life. Your persistence in trying to obtain justice for the poorer members of our society and for improvements in the lives of Singapore BORN citizens who are less well off speaks volumes about your character. God would be so very proud of you my friend. Unfortunately, you seem to be the Sacrificial Lamb in the present difficult situation you find yourself in. BUT you will meet your God knowing that you did all you could with a very clear conscience and can say “Lord, I did my best, for your people” when you breathe your last. I know there are many who are praying for you and are suffering quietly with and for you…….just in case you may not be aware of it. God Bless. Ex-. Sg

  9. teoenming

    Singapore Minister Mentor Lee Kuan Yew and Prime Minister Lee Hsien Loong Want Teo En Ming Dead

    Singapore Minister Mentor Lee Kuan Yew and Prime Minister Lee Hsien Loong want Teo En Ming dead. Lee Kuan Yew and Lee Hsien Loong want Teo En Ming to die young. I am only 36 years old. I do not want to die young. I want to live to a hundred years old and beyond!!!

    Teo En Ming has filed an official complaint against the Singapore Government at the United Nations Human Rights Council Branch and the International Criminal Court. Read the letter here:

    **********************************************************************************************************************
    **********************************************************************************************************************
    **********************************************************************************************************************
    **********************************************************************************************************************

    Teo En Ming’s Open Letter (Plea for Medical Help/Assistance) to World Leaders dated 27 Aug 2010. Read the letter here:

    http://lists.mcs.anl.gov/pipermail/mpich-discuss/2010-August/007811.html

    Mr. Teo En Ming (Zhang Enming)
    Singapore Citizen
    Republic of Singapore

  10. Pingback: These are the Families that Rule Singapore | The Heart Truths
  11. Pingback: Singapore Leaders’ Family Relationships with One Another | The Heart Truths

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