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 Singapore Reserves: The Untold Story, CNA Insider

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Dark Butterfly
post Aug 17 2023, 12:11 PM

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QUOTE(MGM @ Aug 17 2023, 11:07 AM)
So it doesn't matter if it affects our ports in Klang n Tanjung pelepas?
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quote]

What does "not as much" and "not heavily realy on" mean?

Malaysia doesnt heavily rely on international trade as a nation...
Those ports will still operate and there will still be ships docking there


Lester1987
post Aug 17 2023, 01:37 PM

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QUOTE(Dark Butterfly @ Aug 17 2023, 08:10 AM)
By sharing such story and looking at his behaviour nowadays, shows that Sg is really in big trouble and it will be tough for them in this incoming years....and even more after the Thai canal has been completed

Let them enjoy their short golden age era for now
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Thai canal has been in discussion for centuries. It won't happen for sure. If you look at the 2 canals (Suez and panama), it shortens the route by thousands of KM and time by at least days.
The cost to built that thing vs the benefit that you gain is just too minimal. that also havent include the separatist movement on southern thai.
Halas
post Aug 17 2023, 01:48 PM

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QUOTE(Dark Butterfly @ Aug 17 2023, 08:10 AM)
By sharing such story and looking at his behaviour nowadays, shows that Sg is really in big trouble and it will be tough for them in this incoming years....and even more after the Thai canal has been completed

Let them enjoy their short golden age era for now
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Got many reasons for Sg to collapse.

But Thai canal is a joke. Will Thailand willingly cut its country into 2 for an uneconomical project or to satisfy China??
Dark Butterfly
post Aug 17 2023, 01:57 PM

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QUOTE(Halas @ Aug 17 2023, 01:48 PM)
Got many reasons for Sg to collapse.

But Thai canal is a joke. Will Thailand willingly cut its country into 2 for an uneconomical project or to satisfy China??
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They already started the project right?
MasBoleh!
post Aug 17 2023, 02:22 PM

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QUOTE(Lester1987 @ Aug 17 2023, 01:37 PM)
Thai canal has been in discussion for centuries. It won't happen for sure. If you look at the 2 canals (Suez and panama), it shortens the route by thousands of KM and time by at least days.
The cost to built that thing vs the benefit that you gain is just too minimal. that also havent include the separatist movement on southern thai.
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To add-on, China also done enough assessment to decide to invest ECRL in Malaysia, as a backup in case ada sanction. So if Thai going to build that canal, why bother to even do ECRL
kamfoo
post Aug 17 2023, 10:10 PM

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Any summary..?
littleprawnReborn
post Aug 17 2023, 10:25 PM

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QUOTE(kamfoo @ Aug 17 2023, 10:10 PM)
Any summary..?
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try and watch the video.
its really interesting and informative video.
ApocalypseSoon
post Aug 17 2023, 10:31 PM

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QUOTE(kamfoo @ Aug 17 2023, 10:10 PM)
Any summary..?
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TLDR:
Singapore have 222 tonnes of GOLD, keep locally within own land here n Singapore gov is ready & prepared for TEOTWAYKI!
if SHTF, Sing DOLLAR will the most stable & valuable currency in ASEAN. Probably one of the best HEDGED in the world.

LOL



This post has been edited by ApocalypseSoon: Aug 17 2023, 10:36 PM
WyjSwmW
post Aug 17 2023, 10:32 PM

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QUOTE(Dark Butterfly @ Aug 17 2023, 08:10 AM)
By sharing such story and looking at his behaviour nowadays, shows that Sg is really in big trouble and it will be tough for them in this incoming years....and even more after the Thai canal has been completed

Let them enjoy their short golden age era for now
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The most retarded post of the day.
SG in real trouble? You butthurt?
Thai Canal? Won't happen in the next 1000 years.
bononoz
post Aug 17 2023, 10:33 PM

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singapore dulu kito punye

so we should entitled 50% of that wealth automatically
Dark Butterfly
post Aug 17 2023, 11:50 PM

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QUOTE(WyjSwmW @ Aug 17 2023, 10:32 PM)
The most retarded post of the day.
SG in real trouble? You butthurt?
Thai Canal? Won't happen in the next 1000 years.
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Yes.
Good luck living there in years to come ya

dattebayo
post Aug 18 2023, 12:06 AM

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QUOTE(yhtan @ Aug 17 2023, 10:20 AM)
Even back in 90s their leader has set up a mechanism which has 2 person to unlock the reserve, one is PM and another one is president. But in Malaysia the PM and MOF has absolute power to dictate Khazanah fate.

Until now the Singapore did not disclose how much reserve they have, scare kena speculator attack.
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isn’t this already a well known info

they have around 400b USD according to ChatGPT circa Sep 2021
9m2w
post Aug 18 2023, 12:11 AM

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QUOTE(dattebayo @ Aug 18 2023, 12:06 AM)
isn’t this already a well known info

they have around 400b USD according to ChatGPT circa Sep 2021
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Speculation/educated guess

Their monetary policy is to adjust the forex rate unlike most ppl that adjust their interest rates. They cant show hand literally because their economy depends on it


ShinG3e
post Aug 18 2023, 12:17 AM

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Great documentary, learnt better economics topic as well as the use of reserves.

Majulah Singapura!
Ewww!
post Aug 18 2023, 12:24 AM

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user posted image

Respect Singapore!
yhtan
post Aug 18 2023, 02:12 AM

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QUOTE(dattebayo @ Aug 18 2023, 12:06 AM)
isn’t this already a well known info

they have around 400b USD according to ChatGPT circa Sep 2021
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That is speculated figure based on the combine asset in GIC/Temasek and others, the real figure isn't disclose fully. Some even speculate Singapore has about 1 trillion of reserve in hand.
Nannostomuss
post Aug 18 2023, 03:40 AM

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dont to speculate its the fact SG have more than US$1 Trillion in Cash and asset. biggrin.gif
how can the world 3rd or 4th largest financial centre doesnt have more than US$1 Trillion, a joke rite? Those money shielded SG Economy from Crisis and the pandemic. Can even lend indonesia money in the Asian Economic Crisis and aid the region financially if they ask.
This documentary really goes to show how powerful and well managed she is. Confident booster for the local and FDI.






takbodoh722
post Aug 18 2023, 11:12 AM

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Its a good vid. Solves a big mystery for me.

Always wondered why land sales not counted in sinkie government revenue. Future sinkie PM explain this is captured as reserve. he say reserve is used to fund land reclamation (not captured as budget expense). Hence, land sales isn't captured as revenue.

What not stated is difference between cost of cheap sand for reclamation vs high revenue from land sales (RM58 Billion for FY 2023). Just for illustration, Sinkie land sale revenue is almost as big as Bolehland's development budget.

Just another reason why sinkie reserves every year grow.
andyng38
post Aug 18 2023, 11:25 AM

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QUOTE(digilife @ Aug 17 2023, 02:57 AM)
money and gold , cainis good in management , unlike you knoe la who..........
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like locusts they'll descend
rent-seeking without end
corrupt free-money leeches
r&r-disguised sons of bitches.
Hollow21
post Aug 18 2023, 11:37 AM

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No way MAS can reach this level

Conlanfrim song lap all

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