22nd June 1959 : Industrial Promotions Board

“I was offered this job by Keng Swee when I went to see him. He said, ‘Your duty is to find out what are the resources that this country has and put up a scheme by which the Industrial Promotion Board will seek foreign investment.’ Later the Industrial Promotion Board was dissolved and replaced by the Economic Development Board.”

At Lee Kuan Yew’s insistence, James grudgingly “donated” half his salary to the PAP coffers.