Friday, September 12

Singapore

Skyline (photo from Planet Den)
I am in Singapore this week, flying out Sunday 11:30AM, arriving at the Changi Airport 7:20AM Monday morning. Brutal.

My day begins with a tour of Astorg-owned Linxens' manufacturing plant provided by the affable and knowledgable Ah-Ban, who has been with Lx for 20 years or from the company's earliest beginnings as Dupont Connector Systems.  Today, Linxens is the world's leading maker of connectors for smartcards with applications for your credit cards and the SIM cards connecting to your iPhone 6. The end product is shiny and industrial, covered in a plate of gold or platinum that you can see on your credit card chip, and delivered to OEMs in Asia and around the world. Linxens produces ca. 6 billion units a year with the Singapore plant accounting for about 4.5 billion. Talk about economies of scale.

Beyond the exhaustion of my flight, Singapore is a strange even surreal city which is perfectly manicured and organised like no other I have known. Unemployment is 2% and the skyline's growth, since my last visit in 2006, remarkable : it is literally a different place.

The skyscrapers have light displays. My hotel connects to an underground shopping mall complete with all the top glamour brands (jam packed at lunch, deserted by 7PM). The billboard ads are familiar: there's Charlise on Dior or Clooney for Nescafe and Kate doing Burberry.

It's a place where things are going on. Everyone wants to be rich and in a hurry to do so. So Western and so ... not.