A long standing Member of the Board of Trustee of your esteemed University, Mr F T Santosa, did me the signal honour of inviting me to give a lecture to such a Distinguished audience on "Indonesia/Singapore Economic Relationship - Now and In the Coming 10 Years". I accepted the invitation with some trepidation and I do feel somewhat humbled to be addressing such a large group of Distinguished Academicians, with I am sure many very eminent Economists. In contrast, I am simply a plain, common retired businessman, with no training whatever, academically or otherwise, in Economics. I therefore hope that my lecture would not seem too niaive or too simplistic to you.