Water prices are going way up

[timelets]

JOHOR BARU - Johor hopes to raise the price of raw water that it sells to Singapore by more than 16 times, from 3 sen to 50 sen per 1,000 gallons, after discussions with its southern neighbour, the state's Menteri Besar said on Thursday (July 5).

Singapore pays 3 sen per thousand gallons of raw water, and sells treated water back to Johor at 50 sen per thousand gallons.

The water agreement, which expires in 2061, entitles Singapore to draw up to 250 million gallons a day (mgd) of raw water from the Johor River.

Singapore's Ministry of Foreign Affairs said the 1962 treaty was guaranteed by both governments in the Separation Agreement, which was registered with the United Nations when Singapore broke away from Malaysia in 1965.

https://www.straitstimes.com/asia/se-asia/johor-menteri-besar-says-hopes-to-raise-price-of-water-the-state-sells-to-singapore

Back in 1965 it was impossible to predict that Singapore, a city–state with no natural resources, would become a major player in SEA. By contrast, Malaysia had everything it needed to develop a thriving economy. Everything, except the rule of law.

Also, it would be impossible to predict that in 2018 China would be the only major country in the world where "American dream" is still alive.