i think they wanna hide the sales of land into government book, maintain the budget and keep the reserve expanding. The reserve also can be use on HDB to build affording housing.

I am really fascinating on how Singapore government design on the whole system, to prevent future politician tap into the reserve and utilize all.

$1 Trillion so less?
Even Apple Market Cap is now $2.7 Trillion

Some portions of the reserves are known..

Foreign Exchange Reserves: USD $340+ billion
Government of Singapore Investment Corporation or GIC: USD $770+ billion
Temasek Holdings: USD $ 495+ billion
CPF: USD $400+ to $500+ billion (*more of pension fund unlike GIC or Temasek)

+ others e.g. Sg Govt consolidated fund.

Easily USD $2 trillion or more.

https://www.swfinstitute.org/fund-rankings/...ign-wealth-fund

https://www.mas.gov.sg/statistics/reserve-s...oreign-reserves

This post has been edited by Mai189: Aug 18 2023, 12:29 PM

Khazanah : USD $ 35+ billion..

PuAS: duit banyak bukannya boleh dibawa ke akhirat pun

PuAS: duit yang sumbernya tak halal tidak membawa sembarang pahala

sekian

HAHAHA with that amount

i seriously worry malaysia is in really big trouble...

we spend so much time worrying about others, and cooking up stories and conspiracies to make them look bad...

we are blind to the huge tsunami facing us.

all the corruption, religious tension, racial polarisation...
the rapid depreciation of ringgit, the rising inflation....
the unstable political situation, the rapid change of government....
the potholes on roads, the state of MRT/LRT/KLIA aerotrain....
our falling education standards, our low university rankings globally....
struggling with MYR1.5 trillion debt....

yet we pretend all is fine here...while millions have migrated, and hundreds of thousands queue at causeway to slave away at jobs in SG....

*SIGHS*

They are not exactly scared... more like, come try if you dare and we shall see who is the bigger fish.


They are consistently winning when it comes to the projects they win on, some fails and failed terribly. However the wins that they had, they invested/saved prudently. Honestly, with the amount of Singaporean investment abroad, that is the biggest weapon that they have.

An attack on Singaporean owned assets in Malaysia, eg is an attack on Malaysia. Multiply that for all the countries that it actively trade and also invest in.... basically, no one will slap themselves on the face, because Singapore is on the face of every country in the world.

George Soros- if he try to wack Singapore currency .... Singapore have the ability to hit back where George Soros money is at, and they can make him feel the heat.

Petronas paid a total of RM 537 billion dividend to the government since 2005. If Malaysia has the foresight of Norway or Singapore, Malaysia would have had a large sovereign wealth fund that is way bigger than today's Khazanah Nasional.

Khazanah is so tiny

Really kecian 😂

Small peanut.

wasted on lingerie Zivame

Wonder where the money went...lol

Can our govt do the same shows like singapore?
How Bank Negara manage our reserves and MYR?

Sila jangan tanya soalan susah...

Thai canal easier said than done. Which is why until now is just talk only.

Cost and logistics aside, there is genuine concern that the geographical divide will further encourage the insurgents over in Patani.

Anyway, China is busy now with the Pinglu Canal. That needs to complete and be successful first before China even thinks about starting on Kra. No one else is intetested in funding and commiting the resources to this.

Unlikely. Southern Thailand is one of the worlds terrorist hotspots.

Shipping needs insurance. The costs to shipping alone will exveed the costs of the current routes.

1 Trillion Liquid vs market value of total shares

Most ppl will choose liquid as the more tangible number

https://www.scmp.com/news/asia/southeast-as...-out-what-do-it

DBS assets: close to USD $600 billion.

Who owns DBS? Singapores govt.

This post has been edited by Mai189: Aug 19 2023, 02:31 PM