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!!!
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.
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.
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
"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
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.
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.
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
@@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?
@@calvingan98 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?
(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.
🙏 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! 🙏🌷🌿🌍💜🕊🇸🇬
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?
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.
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.
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.
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.
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.
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?
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.
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.
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
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.
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.
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.
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
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 ?
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?
@@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.
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
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.
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
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.
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.
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
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.
But whats happening with investments in India?? Seems the news in the media is that GIC lost well over $20 billions due to their unscupulous policies and corruptions.can that lady a Senior Manager in GIC explain.?
@Fals3Agent Google Singapore's Free Fire ban in India & why Lee barked in Parliment the next day after ban. You will find the answer for 20$ Billion loss.
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 ??
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
"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.
John 3.16 t Lorna Valencia Anacion royal family om tare tuttare ture soha Deus Jehovah Deus Adonay Deus Eliom pater paltene mesachlim Jehovah la Jehovah nodu azath hejozer psalm 23 psalm91 Karen Grace Valencia Anacion visit in Singgapore Glyza Joy Anacion thats my two daughter my sons Ralp David. alencia Anacion grade 11 Jun Rae Valencia Anacion grade 12 Cyrus Caezar Valencia Anacion grade four Jared Valencia Anacion 1 years and four months sator aripo tenet opera rotas amen
$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.
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
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.
![[Online Special] The ‘inheritance’ that almost didn’t exist - Pt 2/5 | Singapore Reserves Revealed](http://i.ytimg.com/vi/oqRJYOrlKqE/mqdefault.jpg)
![[Online Special] The ‘inheritance’ that almost didn’t exist - Pt 2/5 | Singapore Reserves Revealed](/img/tr.png)
![[Online Special] Why are our reserves a secret weapon? - Pt 5/5 | Singapore Reserves Revealed](/img/1.gif)
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!!!
This is so well produced. Salutes to the producer and the production team.
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.
👎👎👎👎👎👎👎
Rumoured to be 2T
Yes, there are countries dying to know how much SG has and want to get dirt cheap loans from SG ...
But why HC pay is unable to disclosed? Tommy koh SPEECH ON Minimum wage is more logical..
It’s about 1-2 trillion
Biggest in the world is still the norwegian fund
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.
Me too I got confused by this.... they should clearer naming conventions for their titles within a specified group of vids.
Well done! Thank you for this series.
This is a very well made video and very educational. Well done.
This is an informative video. 😊 Keep up the great work. 👍
Another excellent CNA documentary! 👍
It's commendable that the Singapore Government has granted Mediacorp the opportunity to inform citizens about the nation's financial reserves.
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
Singapore so forward thinking... Thank you Singapore 🇸🇬 ❤
👎👎👎👎👎
"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
Most absurd data given to president ,Ong Teng Cheong. What's Truth?
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.
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.
these are publicly available data. interested parties would have no issue collating them already
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.
How much?
Awesome VIDEOO!!!!
Thank you for this.
Thank you for being so honest and upfront! We Singaporeans are so blessed to have you leaders 🎉❤
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
👎👎👎👎👎👎👎👎
@@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?
@@calvingan98 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?
@@phlim7139 So, wen u migrating for a more enlightened country?
Many r working very hard to grow our reserves. Not to take anythings for granted
(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.
🙏 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! 🙏🌷🌿🌍💜🕊🇸🇬
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?
A kilogram of gold can buy a SECONDHAND car? Wild!!!
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.
Nice job...... This is something that one should not brag about.
人怕出名，
豬怕肥。
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.
REVEAL defined as Not Revealed? 👏👏👏😅
surprised you guys didn't end up in Mandai Wildlife Reserve
Thank you :)
00:05 If only it can be that simple...
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.
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.
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.
Absolutely agree. Bunch of complacent individuals. Can't just enjoy a documentary
What brokers are they using to buy shares overseas? That’s a lot of $$
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.
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?
Holding up a kilo of gold and bragging it will "buy a used car'. Well for 70k I would hope so.
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.
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?
Estimate reserves about $30 trillion dollars.
Complicate us by don’t want us to ask in future….
You can't comprehend?😝
Gamblers are investors too.
The difference is calculated risks.
Singapore is rich!!!!!!!!
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.
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
Now it make sense SGD currency strong compare Malaysia
Why would a regular person want to know about how much reserves we have?
It's just a coffee shop talk. Any one remotely successful in life, got better things to do than worry about the Reserves.
because you are a citizen, but if you are a serf then forget it
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.
Imf do mention about it..just google that foreign reserved..
👎👎👎👎👎👎👎If not "We" Its Singaporeans have.
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.
So the tax & gst etc. went to the golds..
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.
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.
@@conan2209 is very important for the voted/right President to step in. others issues are not important at this moment. am I populist. alamak.
@@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
@@conan2209 yes yes yes u are best
it's not so secretive, the gold's at CISCO
Damn. She's a young VP
So how much losses is Spore going to realize from china & russia exposure?
Wow.. GIC owns 50% of Melbourne Central?!! Wow.. that I did not know
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
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 ?
Rate gold good Singapore but gold wit why incress
Ya… only report “proceed” & “profit”….. how about losses..? We could have more isn’t
Bad decision… 😢
Don't be silly! Is talking about net profit! 😝
sg govt the physical gold reserve hv to be stored in singapore not overseas
a lot used to be stored overseas, but a lot moved to sg since the Ukraine war
Singapore's exports fall 20.2% in July, shrinking for 10th straight month
that's because MAS has been letting the currency appreciate to fight inflation, as usual there are pros and cons
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?
@@kilotami909 chill lol
@@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.
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
Better to take down this video.
Is Sharmaine single?
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.
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
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.
Who say Singaporeans want to know?
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.
@@sleter2414 because it's their country's money
sad to see people kena scam online
Sg gov is damn smart
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
Do ordinary commoners have a share in those reserves??
Ah grace, is the money of the nation lah！
@@鲁焚化炉
Just for keeping??
Reserve for what purpose??
Gst vouchers lor
No need to reveal the location of gold, singapore is small enough.
Oi, that's my CPF money!
👍✌✌✌✌
😂😂😂😂😂
BTC is the real reserve!
Rich get richer poor gets poorer , welcome to Singapore
So where do I go for poor to get rich and rich to be not so rich?
Singapore got a lot of job, you think Singapore like Malaysia.. no job Malaysian have to beg for job in Singapore 😂
welcome to capitalism.
Malyesia thinking 😝
One way of boasting of
How rich sg is
For some reason, CNA did not published my comment. It was not aggresive or insulting.
Weird. Right ?
perhaps they rank it by stupidity.
@ML-yu5ij probably...like your reply.
@@comchadelalora they published mine . I'm sorry demented one
@@ML-yu5ij the rank your as funny, entertainkng stupidity. You deserve a medal now 🤣🤣🤣lmao
@@comchadelalora that's the best you've got? I'm sure you can do better
How is it that the investments that made profits are not being shared with us Singaporeans?
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.
👍👍👍👍👍👍
But whats happening with investments in India?? Seems the news in the media is that GIC lost well over $20 billions due to their unscupulous policies and corruptions.can that lady a Senior Manager in GIC explain.?
SIA now owns 25% of Air India,hard to see that go bust,as Tata Sons,the holding company of Air India is humongously wealthy.
Which news you subscribe to?
Can't find this anywhere in the news.... Where are you getting your facts from?
There are many who write their own news! 😝
@Fals3Agent Google Singapore's Free Fire ban in India & why Lee barked in Parliment the next day after ban. You will find the answer for 20$ Billion loss.
Ok. Mon,29/7/2024
Just nice before the Presidential election
Dun be stupid. Of course this is for the Presidental Election
Yes vote TKL or GG !!! 💪🦾💪🦾💪🦾💪🦾💪🦾💪🦾
SG GIC need invest into IP products to earn long term new innovation on Ai code or systems and apps
ASEAN countries must work together for a multipolar world. That is why it has to join the BRICS and the Shanghai Cooperation Organization.
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 ??
Who dares wins,i guess , who knows
Stock Market is going to crash because of interest rate hikes
WHEN MAS ALLOWS ANY TOM, DICK & HARRY TO DETERMINE WHETHER THEIR PRINTED LEGAL TENDERS ARE ACCEPTABLE?
Ooh, very click baity title. 😂
Let’s withdraw out cpf amount then see final results of singapore government
Propaganda at its finest 🤡
IS THIS REAL ? ? ? ?
Just make sure we don't invest in unproven technology like cryptocurrency. Then we should be safe.
That’s why George Soros didn’t attack singapore when Malaysia Thailand Indonesia South Korea Taiwan and Hong Kong all kanna from him
. 0:21
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
Intelligent Sg man not wearing tinted glasses
OFR
IS NOT OWNED BY SINGAPORE ???
BECAUSE
IT IS OWED TO FDI FOREINERS ! ! !
Highly vetted edited content. Just to confuse us.
You can't comprehend?😝
"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.
John 3.16 t Lorna Valencia Anacion royal family om tare tuttare ture soha Deus Jehovah Deus Adonay Deus Eliom pater paltene mesachlim Jehovah la Jehovah nodu azath hejozer psalm 23 psalm91 Karen Grace Valencia Anacion visit in Singgapore Glyza Joy Anacion thats my two daughter my sons Ralp David. alencia Anacion grade 11 Jun Rae Valencia Anacion grade 12 Cyrus Caezar Valencia Anacion grade four Jared Valencia Anacion 1 years and four months sator aripo tenet opera rotas amen
lol the random accents😵💫
why cant Singapore invest in LMVH?
$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.
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
Will u tells ppl how much money is in ur bank😂.
Basically saying ‘trust me bro’. Which is what no one should ever do with politicians in a democracy
Counter party risk can never be fully trusted
if you think power alone is evil then you have also given up on the idea of governance
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?
@@LBenjamin u trust these people to have the mental capacity to even watch anything beyond the title?
13:26 Gosh what even is that accent.
SINGTEL
POOR PERFORMER ? ? ?
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.
?????????????
Clearing up confusions created by politicians, I think.
😂
Lol