[Online Special] What makes up Singapore’s reserves? - Pt 1/5

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[Online Special] What makes up Singapore’s reserves? - Pt 1/5 | Singapore Reserves Revealed

Рет қаралды 201,454

Күн бұрын

You are in Seoul, South Korea. You buy a cup of Starbucks coffee. And just like that, you may have indirectly contributed to the national reserves of Singapore. The Korean franchise of the American coffee chain is just one example of the many unexpected companies and assets that Singapore’s reserves have been invested in.
Join us, as we go on a journey to demystify just what the reserves of Singapore consists of. We bring you never before seen footage of the vault that contains Singapore’s actual gold reserves. We reach out to Singaporeans across the globe, to bring us images of the real estate that Singapore’s reserves are invested in. And we try to answer the much-debated question: Why is the total amount of Singapore’s reserves such a big secret?
01:32 What makes up the "Official Foreign Reserve"?
02:50 Entering Singapore’s secret gold vault
04:18 What does 222 tonnes of gold look like?
07:35 What has GIC invested in on behalf of Singapore?
09:39 Why does Singapore invest worldwide?
10:28 What does Temasek invest in?
12:30 Real estate invested in by Singapore worldwide
14:33 Land and buildings that are part of Singapore’s reserves
15:44 How do we know what counts as part of Singapore’s reserves?
19:20 Just how much is in Singapore’s reserves?
20:50 Why doesn’t Singapore reveal how much is in GIC’s portfolio?
#SingaporeReservesRevealed
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Пікірлер: 228

@maverickwong671 Жыл бұрын

This is awesome documentary for both current and future generations to learn about Singapore reserves and how to apply many of the principles into our personal/family financial planning ... kudos to the production teams and interviewees!!!

@FSRain Жыл бұрын

Good job! Well done by the production team! Although I think most of us will still have a dire curiousity to know how much it actually adds up, I agree that we need to keep our real "potential" secret. All other countries keep their reserves in the box too.

@johnlim1678 Жыл бұрын

👎👎👎👎👎👎👎

@NewmaticKe Жыл бұрын

Rumoured to be 2T

@FCPCPF Жыл бұрын

Yes, there are countries dying to know how much SG has and want to get dirt cheap loans from SG ...

@thinkersllp2009 Жыл бұрын

But why HC pay is unable to disclosed? Tommy koh SPEECH ON Minimum wage is more logical..

@CC-dx6bc 9 ай бұрын

It’s about 1-2 trillion Biggest in the world is still the norwegian fund

@tulipsandpeaches1834 Жыл бұрын

Hi CNA, any chance of renaming this 5-part series differently from "Singapore Reserves Revealed", or at least make it clearer in the title that this is the 2nd subseries after the 1st subseries with PM Lee released ytd? I initially found it confusing when the 3-part series done with PM Lee was named similarly and I thought you guys reuploaded the same videos, but they are vastly different. Some ppl may not know that there are 2 subseries to this topic and miss out on either of it which will be a waste because I found this documentary hugely helpful to understand our reserves and how it came to be as a Singaporean.

@Bonbon-C Жыл бұрын

Me too I got confused by this.... they should clearer naming conventions for their titles within a specified group of vids.

@elainelam3949 Жыл бұрын

This is so well produced. Salutes to the producer and the production team.

@5mwa Жыл бұрын

This documentary has revealed a lot. Actually, you could pretty much do your own sum and get a good estimation already and I hoped the production team had deliberately left out other assets owned by SG.

@sevenhenson3926 Жыл бұрын

these are publicly available data. interested parties would have no issue collating them already

@wz758 Жыл бұрын

They will never know the true amount since a significant portion are stashed here at my house. Sometimes the most dangerous place is the safest place.

@MsLilac88 Жыл бұрын

This is an informative video. 😊 Keep up the great work. 👍

@mrtienphysics666 Жыл бұрын

"So, when I came in in 1993, I asked for all this information about the reserves. It took them three years to give it to me. But they said it would take 56-man years to produce a dollar-and-cents value of the immovable assets" Ong Teng Cheong

@stephenwang9567 Жыл бұрын

Most absurd data given to president ,Ong Teng Cheong. What's Truth?

@cktalon7519 Жыл бұрын

Immovable assets = Singapore land like roads, not financial assets. See CNN interview: So the government had been stonewalling you, the president, for three years? Yes. What happened actually was, as you know, in accounting, when you talk about reserves, it's either cash reserves or assets reserves. The cash side is straightforward: investment, how many million dollars here and there, how much comes from the investment boards and so on. That was straightforward -- but still we had to ask for it. For the assets, like properties and so on, normally you say it's worth $30 million or $100 million or whatever. But they said it would take 56-man years to produce a dollar-and-cents value of the immovable assets. So I discussed this with the accountant-general and the auditor-general and we came to a compromise. The government would not need to give me the dollar-and-cents value, just give me a listing of all the properties that the government owns.

@xcre8ionx Жыл бұрын

Singapore so forward thinking... Thank you Singapore 🇸🇬 ❤

@johnlim1678 Жыл бұрын

👎👎👎👎👎

@Stp131 11 ай бұрын

Well done! Thank you for this series.

@mingyuhuang8944 Жыл бұрын

This is a very well made video and very educational. Well done.

@VedaVoyager Жыл бұрын

It's commendable that the Singapore Government has granted Mediacorp the opportunity to inform citizens about the nation's financial reserves.

@stargazeronesixseven Жыл бұрын

🙏 Prudent saving & guarding of Singapore's Reserves that what make Singapore Dollar strong over the decades! A lot of wise thinking , practice , sweat & blood that make-up of Singapore Reserves ... Nobody is going to help Singapore if Singapore run into Reserve deficit! We must protect & guard our Singapore Reserves like our late Stateman Lee Kuan Yew who cared for All Singaporeans! 🙏🌷🌿🌍💜🕊🇸🇬

@tangt4860 Жыл бұрын

But do we see it working to make real Singaporeans' lives better? Absolutely not. Beside if someone blindfold you and bring you into a gold vault , how do you know it really belongs to Singaporeans?

@mat-on-the-bathroom-floor Жыл бұрын

honestly speaking i dont understand what youre talking about in the majority of the video, but i can say that the topic of Singapore's reserves is getting a lot more interesting to me

@simthiam3712 Жыл бұрын

Many r working very hard to grow our reserves. Not to take anythings for granted

@calving3601 Жыл бұрын

Thank you for being so honest and upfront! We Singaporeans are so blessed to have you leaders 🎉❤

@phlim7139 Жыл бұрын

Har? It's like telling me I got savings but won't tell me how much. The jinx got the MIDUST touch .. everything she touches turns to dust. You let her get her hands on the gold and u see how fast it becomes dust. Then the MIW will tell u .. it's a secret .. even if the vault is empty

@johnlim1678 Жыл бұрын

👎👎👎👎👎👎👎👎

@calving3601 Жыл бұрын

@@phlim7139 you do realise if the govt disclose the amount we have then other countries will also know what we have right? Do you want war? And do you disclose how much you have in your bank account to everyone?

@phlim7139 Жыл бұрын

@@calving3601 haha .. telling people how much we have = war ??? I know u are alluding to being "robbed" but what makes u so sure the jinx hasn't already lost our reserves?

@pregnantenglish6019 Жыл бұрын

@@phlim7139 So, wen u migrating for a more enlightened country?

@thanthtetoo70 Жыл бұрын

A kilogram of gold can buy a SECONDHAND car? Wild!!!

@brentsilver9055 Жыл бұрын

Yeah, that seemed weird. Do they know a kilo is worth 70k? Are used cars that expensive in Singapore or are their math skills weak.

@hummit 5 ай бұрын

Another excellent CNA documentary! 👍

@ex-665b7 Жыл бұрын

Awesome VIDEOO!!!!

@ysngngys7753 Жыл бұрын

00:05 If only it can be that simple...

@simroysten7963 Жыл бұрын

(If?) and I say if, Singapore has US187Bn in US Treasury Bonds as at 31 Jan 2023 with movement of 5Bn every other month, that is a lot of muscle power to back up the currency.

@EonityLuna Жыл бұрын

Glad that the Singapore government has started to be more forthcoming about what our reserves exactly are, given how mythologised it has become. I can understand why they have to be so hush-hush about it; if anything happens to these reserves, our entire country and its people will be screwed beyond belief. Obviously they will have to be very selective about what gets revealed, but it still is very welcome to see this level of transparency and forthcomingness. Hopefully this better educates people and helps dispels persistent myths about it.

@jmj5101ify Жыл бұрын

In my opinion i feel we should not reveal much. Singapore is a vulnerable soveirgn state. We must learn from history how wealthy countries had been invaded brutally and wealth stolen. As it is we are already flooded with scammers, international/digital thieves. I dont see any country reveal their assets. Our forefathers hv worked so hard for our rainy days. We should not take it for granted.

@teerinkiriraj4112 4 ай бұрын

Thank you for this.

@ttkoh123 Жыл бұрын

In the GG press release - "There are two keys in our system. The PM holds one key. The President holds the second key. It is a different key, not a duplicate key. Well Said from GG. I see it as a duty for ALL Singaporeans to uphold, protect and safeguard the 2 keys System and our National Reserves.

@liminal759 Жыл бұрын

Very insightful and well done commentary. Unfortunately looking through the comment section, its akin to showing a Wes Anderson film to a bunch of poop smeared monkeys.

@sarahchong13 Жыл бұрын

Absolutely agree. Bunch of complacent individuals. Can't just enjoy a documentary

@LonganLee Жыл бұрын

REVEAL defined as Not Revealed? 👏👏👏😅

@ambition112 Жыл бұрын

3:09: 💰 The Monetary Authority of Singapore granted CNA access to a secret vault containing part of Singapore's reserves, including gold bars worth close to US$800,000. 3:23: The gold in the vault is part of Singapore's reserves accumulated since 1968. 3:23: The vault contains trays of gold bars, with each tray holding up to 20 bars. 11:11: Temasek sells part of its shares on the stock exchange to generate capital and invests in companies globally. 11:45: GIC diversifies its investments by buying bonds and investing in real estate. 12:40: GIC owns stakes in properties in over 30 cities worldwide. Recap by Tammy AI

@ttkoh123 Жыл бұрын

Investing can be risky, we all know that. Singaporeans don't want to wake up one day and realized that the Gamble Failed especially the companies are Privatized and the Govt has No direct involvement in them. What are the short terms performance? If it is not 100 million, then how much is it?

@eltonloh8721 Жыл бұрын

surprised you guys didn't end up in Mandai Wildlife Reserve

@alanlow2065 Жыл бұрын

Complicate us by don’t want us to ask in future….

@user-um9re5vj8r Жыл бұрын

You can't comprehend?😝

@UbermanNullist Жыл бұрын

It's interesting. I'm more curious about the idea behind why Singapore had to make this video? Why make things so complicated instead of just buying US dollars? It doesn't matter how much money they have in reserve, that money will melt away overnight if they can't prove to their allies that they are trustworthy, because it's still a small economy. therefore, the key is to show to the international community how much faith Singapore has in the democratic values of the free world, not how much gold they have.

@wendaleong1103 Жыл бұрын

The US Dollar has concerningly lost 98% of its purchasing power since 1971, according to data from Visual Capitalist. Thus, proving that the unit of American currency has gotten exponentially weaker over time. Source:watcher guru

@GaoDaHoi Жыл бұрын

Nice job...... This is something that one should not brag about. 人怕出名，豬怕肥。

@winstonloke2860 Жыл бұрын

Gamblers are investors too.

@user-um9re5vj8r Жыл бұрын

The difference is calculated risks.

@brentsilver9055 Жыл бұрын

Holding up a kilo of gold and bragging it will "buy a used car'. Well for 70k I would hope so.

@ericpeterson6822 Жыл бұрын

Why would a regular person want to know about how much reserves we have?

@sleter2414 Жыл бұрын

It's just a coffee shop talk. Any one remotely successful in life, got better things to do than worry about the Reserves.

@yiming99 Жыл бұрын

because you are a citizen, but if you are a serf then forget it

@liminal759 Жыл бұрын

Because most ordinary citizens (and we're talking the very average) can only spout the usual CPF bad, where my money, i want more money, why everyone rich but me??? So we need things like this to try to educate them a bit. But remains to be seen if it works.

@NotLikeWhatYouThink Жыл бұрын

Imf do mention about it..just google that foreign reserved..

@johnlim1678 Жыл бұрын

👎👎👎👎👎👎👎If not "We" Its Singaporeans have.

@happymelon7129 Жыл бұрын

Singapore's exports fall 20.2% in July, shrinking for 10th straight month

@Fals3Agent Жыл бұрын

that's because MAS has been letting the currency appreciate to fight inflation, as usual there are pros and cons

@kilotami909 Жыл бұрын

Inflation and high interest rate is slowing down regional and world economy and that is an expected outcome. Whats the intend of your post? Singapore government is not good enough for you?

@titanicisshit1647 Жыл бұрын

@@kilotami909 chill lol

@happymelon7129 Жыл бұрын

@@kilotami909 Be Cool ,man. You are too sensitive , people prepare earlier from real information. Not like today's so manly western media fake accusing report, aim to creating conflict in others home.

@happymelon7129 Жыл бұрын

It's everywhere , Vietnam's manufacturing export sector has faced increasing headwinds due to slowing growth in the US and EU, which are two key export markets accounting for over 40% of Vietnam's goods exports. Vietnam's goods exports fell by 12.3% y/y in the five months of 2023.7 Jul 2023

@deschan2246 Жыл бұрын

Singaporeans need to know Singapore Reserves before and after Lhl took office and definition of reserves before n after LHL took office. This is absolutely needed before passing on to the next PM.

@sleter2414 Жыл бұрын

Who say Singaporeans want to know?

@HockTan-sb1rn Жыл бұрын

yes. it is very true especially the next Prime Minister is taking over. Simply this is called handling n taking over. besides, the new President is stepping in. if the new prime minister is not doing a proper taking over, something is real wrong. the word weapon in use is not nice. rather impropriate. very scary frightening rather than comforting.

@titanicisshit1647 Жыл бұрын

@@sleter2414 because it's their country's money

@MrBoliao98 Жыл бұрын

This Shakey Pizza, ah this is the correct thing to show. The gold ah, that one is dammm demeaning to the intelligence of singaporeans. The starbucks 32.5% franchise chain, why not the original one.

@urbanirrigation Жыл бұрын

i am sure we need to keep it secret , but whoever take over the reign as the next pm would have alot of questions to ask and answer.

@KostaKos1980 Жыл бұрын

What brokers are they using to buy shares overseas? That’s a lot of $$

@BambooSmiles Жыл бұрын

Many info like investments strategy, portfolios are quite generic one, not really something secret and critical. Maybe this transparency look gives a bit of public comfort of where our money is and show government sincerity to the people? Don’t think they will do any publish that give rise to real risk exposure.

@suivzmoi Жыл бұрын

we are carrying 222tonnes of gold, or 11.5 cubic meters. an hdb bomb shelter is 4.8sqm area * 2.5m height or 12 cubic meters. coincidence?

@HafizWaleedHussain 11 ай бұрын

Thank you :)

@HockTan-sb1rn Жыл бұрын

how much is in there. is it getting smaller. of course is smaller every passing year. whether crisis or no crisis. tax n tax is only measure . is like stock replenishment in Inventory management. if surplus, cease tax increase. if not enough. why not enough. in most case anyhow spent. or anyhow pay.

@conan2209 Жыл бұрын

All the more important for us to pick a president that can help us safeguard it? All the more it is for us to pick leaders that will try to do what is good for the country, instead of being populist to gain your vote today and ignore the country’s future.

@HockTan-sb1rn Жыл бұрын

@@conan2209 is very important for the voted/right President to step in. others issues are not important at this moment. am I populist. alamak.

@conan2209 Жыл бұрын

@@HockTan-sb1rn I am not disagreeing with you. I am emphasising importance of giving our votes to the one we think can do the job right

@HockTan-sb1rn Жыл бұрын

@@conan2209 yes yes yes u are best

@Tmint Жыл бұрын

Ya… only report “proceed” & “profit”….. how about losses..? We could have more isn’t Bad decision… 😢

@user-um9re5vj8r Жыл бұрын

Don't be silly! Is talking about net profit! 😝

@jesseloojl 4 ай бұрын

I am not against Singapore but Big Government that excludes a small society in charting private wealth. Government is excessively large or unconstitutionally involved in certain areas of public policy or the private sector. inbreeds a system of social control under which the right to make laws, and the right to enforce them, is vested in a particular group in society. Politically incorrect.

@MalcolmWong 11 ай бұрын

Now it make sense SGD currency strong compare Malaysia

@cocolsls Жыл бұрын

So the tax & gst etc. went to the golds..

@kennylee9413 Ай бұрын

Singapore is rich!!!!!!!!

@tancolvis5240 Жыл бұрын

sg govt the physical gold reserve hv to be stored in singapore not overseas

@sevenhenson3926 Жыл бұрын

a lot used to be stored overseas, but a lot moved to sg since the Ukraine war

@ninidagul805 Жыл бұрын

Damn. She's a young VP

@jsonyap92 Жыл бұрын

Wait did the girl just exposed herself for telling ppl how much she manages when last sec she had literally just boasted about how successful she had been keeping it a secret? Loll

@SKYWalkersSG Жыл бұрын

it's not so secretive, the gold's at CISCO

@samahmat7501 Жыл бұрын

sad to see people kena scam online

@popcorn6931 Жыл бұрын

So how much losses is Spore going to realize from china & russia exposure?

@awakenedservant Жыл бұрын

Rich get richer poor gets poorer , welcome to Singapore

@yivunqp963 Жыл бұрын

So where do I go for poor to get rich and rich to be not so rich?

@xcre8ionx Жыл бұрын

Singapore got a lot of job, you think Singapore like Malaysia.. no job Malaysian have to beg for job in Singapore 😂

@Fals3Agent Жыл бұрын

welcome to capitalism.

@user-um9re5vj8r Жыл бұрын

Malyesia thinking 😝

@Eelynntravelchannel Жыл бұрын

Wow.. GIC owns 50% of Melbourne Central?!! Wow.. that I did not know

@jmj5101ify Жыл бұрын

Better to take down this video.

@norman6499 11 ай бұрын

No need to reveal the location of gold, singapore is small enough.

@wengio78 Жыл бұрын

That’s why George Soros didn’t attack singapore when Malaysia Thailand Indonesia South Korea Taiwan and Hong Kong all kanna from him

@AW-ws1ll Жыл бұрын

Is Sharmaine single?

@ericlim428 Жыл бұрын

A Good time to publicise . Well done CNA , with so many years of Profiteering from HDB flats n BTOs , my guess IT SHOULD BE MORE ...! And the numbers of BTOs , Condos , Industrials n GLCs , looks a bit Shortchanged in Reserves . Any way to Reveal the TOTAL LOSSES IN INVESTMENTS UNDER GIC , TEMASEK & MAS too years ending 2022 ?? Good U Revealed , Bad you must Total Up n Reveal too , right ?

@Santeh60 Жыл бұрын

But whats happening with investments in India?? Seems the news in the media is that GIC lost well over $20 billions due to their unscupulous policies and corruptions.can that lady a Senior Manager in GIC explain.?

@nandagopalr4567 Жыл бұрын

SIA now owns 25% of Air India,hard to see that go bust,as Tata Sons,the holding company of Air India is humongously wealthy.

@sleter2414 Жыл бұрын

Which news you subscribe to?

@Fals3Agent Жыл бұрын

Can't find this anywhere in the news.... Where are you getting your facts from?

@user-um9re5vj8r Жыл бұрын

There are many who write their own news! 😝

@CH-FM Жыл бұрын

@Fals3Agent Google Singapore's Free Fire ban in India & why Lee barked in Parliment the next day after ban. You will find the answer for 20$ Billion loss.

@ice-313 Жыл бұрын

Basically saying ‘trust me bro’. Which is what no one should ever do with politicians in a democracy

@stephenwang9567 Жыл бұрын

Counter party risk can never be fully trusted

@Fals3Agent Жыл бұрын

if you think power alone is evil then you have also given up on the idea of governance

@LBenjamin Жыл бұрын

So we should just reveal exactly how much we got to the world? Did you even watch the part about the risk of revealing exactly how much we got?

@ssvegeto1610 Жыл бұрын

@@LBenjamin u trust these people to have the mental capacity to even watch anything beyond the title?

@tancolvis5240 Ай бұрын

SG GIC need invest into IP products to earn long term new innovation on Ai code or systems and apps

@taengbrows309 Жыл бұрын

Propaganda at its finest 🤡

@jeffcold Жыл бұрын

Take so many years for garment to let CNA and singaporean know where is it? Why take so many years to let them temp fill up the reserve and show them later off return to the party that they borrow from

@CC-dx6bc 9 ай бұрын

Sg gov is damn smart

@luna_sea0 Жыл бұрын

Ooh, very click baity title. 😂

@angeleslopezarias9357 Жыл бұрын

ASEAN countries must work together for a multipolar world. That is why it has to join the BRICS and the Shanghai Cooperation Organization.

@zahrawings Жыл бұрын

How is it that the investments that made profits are not being shared with us Singaporeans?

@liminal759 Жыл бұрын

Ummmmm... Every single public good in singapore is borne by the public reserve. You drive on the maintained roads? You go to the maintained parks? You drink the purified water? Do you use your medisave? Do you and your children enjoy education subsidies and housing subsidies? So yes, you are directly getting these profits.

@johnlim1678 Жыл бұрын

👍👍👍👍👍👍

@LYJrb819 Ай бұрын

Ok. Mon,29/7/2024

@sjv9147s Жыл бұрын

"Singapore Reserves Revealed". What a misleading header! Even the remuneration packages of top executives, including the CEO, weren't. No matter the country's size, such packages aren't strategic for the purposes of safeguarding the country's reserves. Kindly explain.

@axolet Жыл бұрын

Oi, that's my CPF money!

@johnlim1678 Жыл бұрын

👍✌✌✌✌

@user-um9re5vj8r Жыл бұрын

😂😂😂😂😂

@comchadelalora Жыл бұрын

For some reason, CNA did not published my comment. It was not aggresive or insulting. Weird. Right ?

@ML-yu5ij 11 ай бұрын

perhaps they rank it by stupidity.

@comchadelalora 11 ай бұрын

@ML-yu5ij probably...like your reply.

@ML-yu5ij 11 ай бұрын

@@comchadelalora they published mine . I'm sorry demented one

@comchadelalora 11 ай бұрын

@@ML-yu5ij the rank your as funny, entertainkng stupidity. You deserve a medal now 🤣🤣🤣lmao

@ML-yu5ij 11 ай бұрын

@@comchadelalora that's the best you've got? I'm sure you can do better

@godsamazinggrace5331 Жыл бұрын

Do ordinary commoners have a share in those reserves??

@user-um9re5vj8r Жыл бұрын

Ah grace, is the money of the nation lah！

@godsamazinggrace5331 Жыл бұрын

@@user-um9re5vj8r Just for keeping?? Reserve for what purpose??

@CT-cl9wi 8 ай бұрын

Gst vouchers lor

@kapoh Жыл бұрын

Just nice before the Presidential election

@yivunqp963 Жыл бұрын

Dun be stupid. Of course this is for the Presidental Election

@johnlim1678 Жыл бұрын

Yes vote TKL or GG !!! 💪🦾💪🦾💪🦾💪🦾💪🦾💪🦾

@lllengl.9660 Жыл бұрын

BTC is the real reserve!

@godsamazinggrace5331 Жыл бұрын

One way of boasting of How rich sg is

@satgursingh3951 Жыл бұрын

Let’s withdraw out cpf amount then see final results of singapore government

@teo88888able Жыл бұрын

OFR IS NOT OWNED BY SINGAPORE ??? BECAUSE IT IS OWED TO FDI FOREINERS ! ! !

@paparoti4006 Жыл бұрын

Highly vetted edited content. Just to confuse us.

@user-um9re5vj8r Жыл бұрын

You can't comprehend?😝

@teo88888able Жыл бұрын

IS THIS REAL ? ? ? ?

@deschan2246 Жыл бұрын

Ccp China property bubbles has burst !!! This is a good lesson for Singapore Government who are also heavily banging on property bubbles to sustain their squandering spending. Be warned, once ccp china property burst, Singapore property is not far from burst

@stephenwang9567 Жыл бұрын

Intelligent Sg man not wearing tinted glasses

@cambodianye8429 Жыл бұрын

WHEN MAS ALLOWS ANY TOM, DICK & HARRY TO DETERMINE WHETHER THEIR PRINTED LEGAL TENDERS ARE ACCEPTABLE?

@tuapuikia Жыл бұрын

Just make sure we don't invest in unproven technology like cryptocurrency. Then we should be safe.

@thsiah Жыл бұрын

Seems the current Temasek fund manager is quite a risk taker, from crypto to Roblox (11:53). Why not invest in big names such as Microsoft, Alphabet, Nvidia, TSMC ??

@titanicisshit1647 Жыл бұрын

Who dares wins,i guess , who knows

@titanicisshit1647 Жыл бұрын

Stock Market is going to crash because of interest rate hikes

@oowkkhh 4 ай бұрын

. 0:21

@tschoong3897 Жыл бұрын

Just after the handing over of Hong Kong, a foreign speculator flooded the Hong Kong market to tank HKD, the Chinese government helped Hong Kong to avert disaster.

@annoyingpengui Жыл бұрын

why cant Singapore invest in LMVH?

@hengbin2974 Жыл бұрын

$10b Gold Only? GIC plonked S$14b in UBS MCN (2 yrs) in 2008...what happened? Sold @ loss 2/3 of total only after 10 yrs when LKY, as GIC Chair said GIC was in it for 20-30 years! Also plonked US$6.8b into Citigroup convertible in Jan 2008 supposedly @ >US$ 30 per share. But for TARP, Citigroup convertible would hv ZERO value if under conservatorship!. Just hear the good news.......like the CNA advert.........a learner driver crashing could become F1 driver...........sinkies should get real lah........the epic mismanagement of COVID-19 is an excellent eg of the FAILURE of the leadership under LHL/HC.

@hengbin2974 Жыл бұрын

Why compare? U heard about LKY's liking SGP to being "HUMPTY DUMPTY"..........U think the countries U mention like SGP? The main point is TOTAL INCOMPETENCE of LHL/HC .....eliminate incompetence & the problem decreases.............understand the ROOT CAUSE? This series on our Reserves is nothing but PROPAGANDA...should hv been POFMAed.@@jameschalkwig787

@Lucy56-1 Жыл бұрын

Will u tells ppl how much money is in ur bank😂.

@buvanesh01 Жыл бұрын

lol the random accents😵‍💫

@qifeng Жыл бұрын

13:26 Gosh what even is that accent.

@teo88888able Жыл бұрын

SINGTEL POOR PERFORMER ? ? ?

@tonykwok9763 Жыл бұрын

?????????????

@kongthai.. Жыл бұрын

Clearing up confusions created by politicians, I think. 😂

@tanpengjoo7205 Жыл бұрын

Just return our local breed Singaporean whole-life hard-earned stressed n sweat c p f money sooner n don keep shifting further if can't don't talk about how much reserves we have. Take care of our local seniors basic livelihood first n don't let our seniors who built up Singapore what they are today selling tissue paper at train stations. We only have few million population n small land but our leaders n ministers salary are higher than bigger countries leaders

@sleter2414 Жыл бұрын

Can, but also add a clause say those who withdraw all their cpf are not allowed to ask for any aid from government in the future. I dont want to pay extra, for othet people's stupidity in how they handle their cpf money

@liminal759 Жыл бұрын

@@sleter2414 exactly. These people can't see beyond what they dont understand. Let them take their money out, but then dont give them medical subsidies and grants. They'll withdraw, throw into random stocks or bs commodities, lose it all then complain about the gov again.

@Totenkapf6966 Жыл бұрын

Lol

@ttkoh123 Жыл бұрын

Sounded like using the reserves to benefit their own business while the citizens are facing with High Cost of Living, GST and tax hikes. Please don't Self Praise for Self Satisfaction.

@johnlim1678 Жыл бұрын

👍👍👍👍👍👍👍👍👍

@user-um9re5vj8r Жыл бұрын

You are below the line?😝

@tangt4860 Жыл бұрын

Why go so far? Even when we sleep in Singapore, we are already paying tonnes of GST and other fees. In other democratic economies you can actually see and hear the country"s overseas investment profits work for the people and infrastructure. Till this day, the buses are old and even the engine of one this afternoon was roaring violently and loudly from the outside as it made its way to Sentosa. And just look at the pavement. ,always patchy and ugly just like PAP.