Aug 18 2023, 05:27 PM
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.
They are not exactly scared... more like, come try if you dare and we shall see who is the bigger fish.Until now the Singapore did not disclose how much reserve they have, scare kena speculator attack.
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.
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