Category Archives: Inward investments and incentives; overseas Investments – should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?

Overseas Investments – more invested overseas or locally by Sovereign Wealth Fund?

Investments inflow; Dyson’s global HQ in Singapore; how to attract with tax incentives, grants, etc, a well-trained labour force, communication and transport links, ease of setting up business, no exchange control; currency, legal and administrative stability; no labour strikes, corruption free, political and policy predictability?

========== . S’pore must adapt to global trends to grow economy: PM Lee at opening of Dyson’s new HQ 1 of 5 Justin Ong Political Correspondent PUBLISHED 4 HOURS AGO on 25th March 2022 in Straits Times. FacebookWhatsAppTwitter SINGAPORE – Dyson … Continue reading

Posted in Business & Finance, Corruption, Economy; Perfect Economic Storm? When?, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Labour, Minimum Wage; PWM and WIS in Singapore's wage policies, Politics | Leave a comment

Tariffs, FTAs and World trade; FTAs – is it to open one’s country to foreign nationals to enter their workforce freely? APEC cooperation; Tariff tension remains a great challenge; FTAs, and economic SWOTs – Politicians well versed and knowledgeable with tariffs and FTAs will benefit their society more; New challenges: Digital solution and digital trade; the threat to bricks-and-mortar businesses;

. ======= Trade wars bring suffering and kill too without directly firing a shot to end life. Trade tariffs and barriers will not being world peace. So long as there are greed and ego due to materialism and profits, there … Continue reading

Posted in Business & Finance, Economy; Perfect Economic Storm? When?, Government, International Politics, Super Power Politics; Trade and Tariffs Friction;, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Labour, Lee Kuan Yew's Legacy [His life 1923-2015], Politics, Social issues, Socialistic Policies, World Peace | Tagged , , , , | Leave a comment

National Reserves S$1.73 trillions as at 31st March 2023; – Cap it at 3 or 5 times of GDP? Should NR have a limit? NIRC from National Reserves – how it benefits Singaporeans? PM Lee Hsien Loong released the NR figures for the first time in Parliament on 27th Jan 2016;

======== . S$1.7 trillions.It is official.S$1 trillion is outdated. National Reserves or Total Govt Assets as at 31st March 2019: S$1.174 trillions. It was S$1.732 trillions as at 31st March 2023. Grown by S$0.56 trillions in four years. [Source: MOF’s … Continue reading

Posted in Budgets 2018, etc., Business & Finance, Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, Elected President - roles, powers and responsibilities; The 2nd Key; EP: the proposed changes;, Government, Govt's Budget, Inflation and Rising cost of living, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Medical & Health, Nation Building, National Reserves, Socialistic Policies | Tagged , , | 2 Comments

Singapore External Debts; External debt of US$1.766 trillion? True or untrue?

  ========= .     Date: 20 Nov 2016 ASK ST: WHY DOES SINGAPORE HAVE AN EXTERNAL DEBT OF US$1.766 TRILLION? Media: The Straits Times by Goh Eng Yeow  engyeow@sph.com.sgSenior Correspondent   Reader Lam Peck Heng wrote in to askST … Continue reading

Posted in Business & Finance, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, National Reserves | Tagged , | Leave a comment

China bashing; – US and China’s tension over Taiwan; Why is it so peaceful in the Far East recently after the G20 Nov 2022 meeting in Bali? Belt and Road Initiatives [BRI]; EU’s Global Gateway [GG]; Tensions in the South China Sea; China and US – autocracy vs democracy, communism vs capitalism vs democracy? Purpose of bilateral friction over trade, tariffs, 5G technology, TikTok, etc? US’s China Task Force Report released on 30th Sept 2020 is aimed at destroying the CCP at all cost; India vs China – dispute and tension at the borders in the Himalaya; The Quad vs China; Quadrilateral Security Dialogue, or Quad held on 12th March 2021.

============// China Bashing… Please google for the US’s China Task Force Report. It is for conflict. Not for peace. It to provoke other nations to engage in proxy wars. ============================================== What will be US’s response 24/7 when Russia and China … Continue reading

Posted in Cost of Living & Retirement Adequacy, COVID-19 coronavirus Pandemic in 2020, International Politics, Super Power Politics; Trade and Tariffs Friction;, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Politics, World Peace | Tagged | Leave a comment

Our National Reserves disclosed in Parliament by PM LHL on 27Jan2016….total S$613 billion in 2015. Updated figures: Temasek Holdings S$308 billion as at 31Mar2018; Total Govt Assets as at 31st March 2019: S$1174b [please see the 2020 Budget].

============ . Singapore’s GIC set to manage extra S$185b in reserves THU, JAN 13, 2022 – 4:04 PM  UPDATED THU, JAN 13, 2022 – 6:37 PM in businesstimes.com.sg Singapore’s sovereign wealth fund GIC is poised to get a massive influx … Continue reading

Posted in Budgets 2018, etc., Business & Finance, Cost of Living & Retirement Adequacy, CPF, Government, Govt's Budget, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Nation Building, National Reserves, Politics, Social issues, Socialistic Policies | Tagged , , , | 1 Comment

Good governance? What is the present total value of Singapore, total worth? How many trillions? Be PM of Singapore is a thankless job; Governing Singapore after Lee Kuan Yew; His legacy? Will red dot have another LKY? Or, will red dot go for a populist and westernised govt? What are the lessons from the one-term US’s 46th POTUS presidential election for Singapore?

What is the late LKY’s legacy?   Is it still relevant to present-day Singapore and the world? [please see below the article: “In post-Lee Kuan Yew world, is his strategic vision still relevant?”  by Han Fook Kwang, Editor-at-Large on April … Continue reading

Posted in Business & Finance, Corruption, Cost of Living & Retirement Adequacy, COVID-19 coronavirus Pandemic in 2020, Economy; Perfect Economic Storm? When?, Government, Govt's Budget, HDB Public Housing; affordability; EIP policy; and resale prices;, Inflation and Rising cost of living, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Lee Kuan Yew's Legacy [His life 1923-2015], Nation Building, National Reserves, Politics, Social issues, Socialistic Policies | Tagged , , , , , | 1 Comment

The Global South; Many structural shifts; the End of Materialism…End of Capitalism? Personal investment – invest wisely; Possessing money and materials obsessively; IT Technology’s – Creative CEO died on 4Jan2023; Attaining a true friend in an age of Materialism; Harmonise with others in seeking happiness;

. ======= . The Global South: A new North Star The resurgence of the Global South is going to lead to profound changes in the chemistry of our world order. Kishore Mahbubani 16 OCT 2023, 5:37 AM SGT in Straits … Continue reading

Posted in Business & Finance, COVID-19 coronavirus Pandemic in 2020, Economy; Perfect Economic Storm? When?, Emergency Disaster Preparation, Fate, Destiny, Accidents & Coincidence, Food & Drinks; hawker centres; foodcourts;, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, IT. AI, and Computerisation; Robots; Space Technology; Astral Particle Information System, Politics, Religions and Faiths, Social issues, Socialistic Policies, Spiritual First - then mental then physical, Total Defence, United Nations, Water, World Peace | Tagged , , , , | Leave a comment

NTUC FP’s Budget stores for the poor; NTUC to hive off the top-end businesses and corporatise its operations; Budget stores – “No more no-frills store for NTUC Fairprice?”

========= Uniform pricing across all FairPrice stores From Gerry Lee, Deputy CEO, NTUC FairPrice Published: 8:23 PM, September 9, 2014 in Today Voices Online We refer to the online letters, “No more no-frills store for FairPrice?” (Sept 7) by Mr … Continue reading

Posted in Business & Finance, Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, Food & Drinks; hawker centres; foodcourts;, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Social issues | Tagged , , , , , , , , , , | Leave a comment

Commercial Crimes – Sub-prime crisis – Let’s act to prevent another Enron; Corruption at international level – and in overseas operations;

================ . Commercial Crimes, Financial Crisis, Sub-Prime Loans, etc    Let’s act to prevent another Enron: ============= . Need to tighten controls to prevent rogue-trader losses: ========== . US financial crisis holds lessons for Singapore: ======= . Did the money … Continue reading

Posted in Business & Finance, Corruption, External and Internal Auditing, HDB Public Housing; affordability; EIP policy; and resale prices;, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security? | Tagged , , | Leave a comment

Temasek does not invest or manage CPF savings; CEO Ho Ching retiring; new CEO Mr Dilhan Pillay will succeed her on 1st Oct 2021; the roles of MAS and GIC in managing SinGov’s reserves; Temasek Trust – new Chairman;

  ====== . CEO to Chairman… TH to Temasek Trust…. . ============== . Retiring Temasek CEO Ho Ching to join Temasek Trust board, take over as chairman from April 1, 2022 Ms Ho Ching will be appointed to Temasek Trust’s … Continue reading

Posted in Business & Finance, CPF, Government, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, National Reserves, Politics, Social issues, Socialistic Policies | Tagged , , | Leave a comment

The FTX collapse; Crypto Currency, CC; FTX Exchange for CC has collapsed; Temasek wrote off their investment of US$275m in FTX; Is CC, the end of ATMs? Cashless society with one card; On-line shopping a threat to the bricks-and-mortar businesses; Cashless society using the Quick Response [QR] code; Why some retailers only accept cash payment? Enact laws on cash disclosures? Living and travelling on borrowed money; pay back with future inflated money; US uses quantitative easing, QE; printing money when money is not enough;

. ================== . The cashless society.. a one card system. No card you cannot move around in society. You will become history. When? . =============. . It is all about money. Cash only. Some retail shops accept only cash, and … Continue reading

Posted in Business & Finance, Corruption, Economy; Perfect Economic Storm? When?, External and Internal Auditing, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, IT. AI, and Computerisation; Robots; Space Technology; Astral Particle Information System | Leave a comment

Food supply chain; State Land and Roof Top Space gardening – do not let it be idle, or bake in the sun; Target 30:30 by 2030 to supply locally grown food to meet 30% of our food needs; More fishing farming in our waters? How? Also, use vacant state land for community gardening; My letter in ST Forum on 1st April 1998 on vacant state land;

============= . Does the Govt have plans to fence and link up Pulau Ubin to Pulau Tekong to the mainland to create a seawater reservoir for fish farming? . ======= . Forum: Optimising use of sea space part of long-term … Continue reading

Posted in Business & Finance, Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, Emergency Disaster Preparation, Environment Control, Protect Nature, Food & Drinks; hawker centres; foodcourts;, Government, Hawker Food -Top Favourites, HDB Public Housing; affordability; EIP policy; and resale prices;, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Nation Building, Population, Properties, Security, Social issues, Socialistic Policies, State Land, The Govt listened and implemented my ideas and feedback, Total Defence | Tagged , , , , | Leave a comment

Inflation; The true causes: how should the government address both the consumers’ demand and supply factors? The impact due to government interventions, actions and policies? Cost of generating electricity – all modern equipment use electricity; It has impact on rising cost of living; When to have a Counter-Inflation Fund?

============== . What is inflation? What are the true causes of inflation? A capable government is one that can keep the cost of living down for the lower-income groups, the 25% at the base of the pyramid. How? Solutions? What … Continue reading

Posted in Budget 2014, Business & Finance, Cost of Living & Retirement Adequacy, Economy; Perfect Economic Storm? When?, Government, Govt's Budget, Inflation and Rising cost of living, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Politics, Social issues | Tagged , , , , | Leave a comment

Temasek Holdings’ investments in a huge farm project in Jilin, China; Disrupted food supply chains; For Total Defence – TH and GIC should invest and secure our food supply sources; How? Food resilience with buffer stocks and diversified/widen sources of food supplies;

========== . Singapore has built food resilience with buffer stocks and diversified sources to cope with disruptions: PM Lee Singapore Prime Minister Lee Hsien Loong speaking to reporters at the end of a four-day working visit to Tokyo, Japan. (Photo: … Continue reading

Posted in Bilateral Relationship with Asean nations, Business & Finance, Cost of Living & Retirement Adequacy, Emergency Disaster Preparation, Food & Drinks; hawker centres; foodcourts;, Government, International Politics, Super Power Politics; Trade and Tariffs Friction;, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Lee Kuan Yew's Legacy [His life 1923-2015], Nation Building, Politics, Social issues, Socialistic Policies, Total Defence | Tagged , , , | Leave a comment

Singaporeans sow US$20m venture in Cambodia in Feb 1996

S’poreans sow US$20m venture in Cambodia – BT2-2-1996 =========== In Business Times on 2 Feb 1996:  Singaporeans sow US$20m venture  [ in Cambodia].

Posted in Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security? | Tagged , , | Leave a comment

Dr Mahathir – he wants Malaysia to take back Singapore and Riau; Singapore was lucky, he did not set up Iskandar SEZ in 1981; MOU for the JSSEZ [Johor-Singapore SEZ] was signed on 11th Jan 2024; June 2022, Johor Sultan threatened secession from Malaysia; Dr M lost in Malacca and Johor state elections in 2021/22; BN have made comeback from the 2018 GE defeat to win big in these two states;

========= . Ex-PM Mahathir says Malaysia should claim Singapore and Riau Islands Former Malaysian prime minister Mahathir Mohamad speaking at an event in Selangor on June 19, 2022. PHOTO: SCREENGRAB FROM ASTRO AWANI/YOUTUBE PUBLISHED JUN 20, 2022, 11:39 PM SGT in … Continue reading

Posted in Bilateral Relationship with Asean nations, Business & Finance, CPF, Government, Inward investments and incentives; overseas Investments - should more be invested overseas or locally by Sovereign Wealth Fund? Maintain stable supply chains and security?, Politics | Tagged , , , , , , | Leave a comment