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Singapore will NOT benefit.
Why would they need to combine with Malaysia again, in my opinion, us getting kicked out from Malaysia was a blessing in disguise. Our economy has gone up up and up, our currency from 0.9 SGD : 1 RM has grown to 1 SGD : ~3RM Our country has also been modernised incredibly and in 50 years, housing has gone from slum-like kampungs into modernised HDB flats and condominiums.
If we were to join Malaysia again, what can we benefit from, and what will we lose? We will become 2nd class citizens and I quote from a malaysian driver “Chinese cannot own businesses fully. They can only own up to a maximum of 49% of a business and the 51% must belong to Malays.” This will mean that businesses in Singapore will crumble as Chinese are a majority here.
Our generated GDP and economy will be used to fund projects in Malaysia, and almost nothing will be used for Singapore’s growth expansion. This will possibly cause riots like what happened in the early 1960s that will again caused us to be kicked out of Malaysia. Due to all this kicking out and joining, our economy, GDP and currency will be affected, and assuming that the 0.9 SGD : 1RM is where we start from, we will have to pick ourselves up again.
Only that this time will be more challenging
When in the 1960s, there were little to no developing countries, and it was a prime ground for Singapore to develop. Now, with many developing countries, Singapore will have a more difficult time rising up again, and who knows what and where we will be. Chances are that we will not rise to where we are again, and fall behind.
N/B: I am a Singaporean and I am writing this as I travel along the Seletar Aerospace area. There are many major companies here and I do not think they will stick around for Long if we join Malaysia
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