If we have such smart people, then there should be world-class sinkee companies. And Nobel Prize winners. We have none. So, this is pure PAP propaganda.
The way the sinkie gahmen goes about creating companies(GLC) is to subjugate and tax its own shitizens. Not to created wealth for her ppl, but to squeeze them high n dry.
Paying millions for chiak liao bee CEOs and ministars to run SMRT, PSA, Temasek Holdings, etc is to buy their loyalty, not their brains.
Turning ppl into docile kids who cant think!
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