Does Singapore have a surplus of $2.2 billion or a structural surplus of $30 billion?
Does Singapore have a surplus of $2.2 billion or a structural surplus of $30 billion? It depends on the accounting treatment. This is my opinion. The SG govt adopts two unusual accounting methods. 1. Sale of land, mostly 99 year leases, are not taken as govt revenue. Instead, it disappears as transactions involving "past reserves". 2....
Absolutely no questions?
By now, I believe that almost all who are interested or care enough about our country must have read or heard that our sovereign wealth fund, Temasek has written down it entire investment of US$275 million or S$376 million in FTX. Those are real money, our collective hard-earned money and not some monopoly game money. I wonder...
FTX did not ‘actively solicit’ clients from Singapore.
MAS has issued a statement saying that they didn't blacklist FTX because it didn't "actively solicit" clients from Singapore. I am extremely curious to know that if this is the case, why did Singapore end up as the SECOND MOST impacted country by FTX collapse according to the huge number of unique visitors to FTX website from...
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