[A2Z]

can always rebuild reserves by tax, tax, increase gst, cut ministers/mp salaries. there are many many ways just that they didnt look into it. get a goh keng swee guy to look into it.

[Sticw]

You can only rule by fear or love...

[klat]

It is slowly being depleted by the high pay of the cabinet and his spouse. Rumours floating around mentioned she earned around $100 M per year? Maybe false, I dont know

[RiseofAsia]

Guarding the reserves is never the problem but over-saving it at the expense of massively increasing the cost of living is. E.g. forcing S'poreans to pay for what ranjiao HDB land costs to SLA when HDB owners are not even given strata titles, which is both ridiculous and unjustifiable.

The most pressing problem is the excessive import of FTs and esp. PCB CECAs that snatch our PMET jobs by making employers addicted to them like cocaine as they are willing to work OT everyday, on weekends and carry balls at a lower salary.

Not bad, you also know I Ching.
解决今天的问题比解决明天的问题还重要。
Keep so much $$$ but do not know how to spend them it is pointless.
财神爷最讨厌守财奴，迟早把全部的钱财拿走。

[ODA TETSURO]

Heng I kept my god rings, necklaces, and coins as my reserves.

[Lukongsimi]

Hope it won’t be stolen n squander finish if goes to the wrong hands

[p1acebo]

These are the usual lies by Pinky to frighten and scam gullible singkies out of their sh!ts.

Meanwhile he's just exposed how incapable his team is, and he's living on past glories of his father.

He even fell out with his siblings over this matter

[A2Z]

Every year budget always surplus (99%), some balances transfer to reserves for future uses. Forever there is reserves but not enough to for papayas agendas. Under them it now seems to take longer to build up all over again. Careless investment into eg FTX (a crypto trading exchange platform) and all other cyrpto startups, India's new city $Bs investment gone into the drain due to change of political party all totally write off. No wonder now this kancheongness reminder. Urgent need to change those in charge for such unnecessary losses.

[Wy:Nox]

This statement is flawed and I do not agree.

Any national or bank reserves can be built again and again. That is why the Govt can take the reserves out to use during Pandemic. It is ridiculous to say come out cannot go in.

[Ola]

Maybe he should attend LinkedIn, Skills Future, Finance courses

to learn to build our reserves

or else please sue Straits Times or POFMA Heng SK


Singapore must ensure it can build back reserves, should need arise to draw on them again: DPM Heng | The Straits Times

[Sticw]

Seriously can PM Lee affirm that his team CANNOT rebuild the reserves once used? If his team can't do so, please lead the entire PAP party to quit the govt now, it saves us some money so we can preserve the reserves better. At the same time, close down gic and temasek.

Just get the head of civil service to do the basic administrative job. Have MAS just regularly invest into a simple indexing fund on the SNP500, DOW and NASDAQ will be fine for us. Minimal cost and simple indexing over the very very long term with our reserves.

[Ola]

PAP scare tactic

YOU WILL DIE IF NOT FOR PAP
YOU WILL DIE HORRIBLY IF IT IS NOT FOR PAP

No wonder naive old people like that Malaysian pee his pants

Cotton also use scare tactics

[Bigiron]

Look preparing you all for national day rally. Hints that GST might need to go up another %...

[p1acebo]

Every year budget always surplus (99%), some balances transfer to reserves for future uses. Forever there is reserves but not enough to for papayas agendas. Under them it now seems to take longer to build up all over again. Careless investment into eg FTX (a crypto trading exchange platform) and all other cyrpto startups, India's new city $Bs investment gone into the drain due to change of political party all totally write off. No wonder now this kancheongness reminder. Urgent need to change those in charge for such unnecessary losses.

If don’t instill upon us a mentality siege how to win again at the next erections?

[grotesqueness]

Seriously can PM Lee affirm that his team CANNOT rebuild the reserves once used? If his team can't do so, please lead the entire PAP party to quit the govt now, it saves us some money so we can preserve the reserves better. At the same time, close down gic and temasek.

Just get the head of civil service to do the basic administrative job. Have MAS just regularly invest into a simple indexing fund on the SNP500, DOW and NASDAQ will be fine for us. Minimal cost and simple indexing over the very very long term with our reserves.

No wonder naive old people like that Malaysian pee his pants

Cotton also use scare tactics

i find this son really really nincompoop


back in 1965, when LKY took over singapore as independence
the question is IS THERE ANY RESERVER BACK THEN
the answer is no
there are no reserves cause it is a new country
LKY from no reserves (ZERO) bulit up  a reserve till today

the son say CANNOT rebuild the reserves once used
means what ?


means the son is MANY TIMES MORE NINCOMPOOP THAN FATHER

FATHER CAN SON CANNOT

the FATHER BACK THEN IS NOT PAY MILLIONS and YET CAN DO IT

the SON is paid millions from the start and yet say this cannot........ that cannot....

you know let say you own a company and you paid a CEO millions  to help you run the company you own
the problem is this CEO keep tellling you this CANNOT and that CANNOT, CANNOT, CANNOT, CANNOT
i dont know will you still keep paying him millions

[RichDad]

Look preparing you all for national day rally. Hints that GST might need to go up another %...

Confirm 10% coming after next year 9%.

[winbig]

Look preparing you all for national day rally. Hints that GST might need to go up another %...

GST is planned to go up another 1% next year. It was already announced. There's no hint or might go up

[watchfirst9]

Seriously can PM Lee affirm that his team CANNOT rebuild the reserves once used? If his team can't do so, please lead the entire PAP party to quit the govt now, it saves us some money so we can preserve the reserves better. At the same time, close down gic and temasek.

Just get the head of civil service to do the basic administrative job. Have MAS just regularly invest into a simple indexing fund on the SNP500, DOW and NASDAQ will be fine for us. Minimal cost and simple indexing over the very very long term with our reserves.

Three possibilities.
1st because HC is no longer cEO of TH , all these decades she is the one   


2nd external environment, world is going to have slower growth in coming decades

 3rd spending increase is going higher than investment returns

[Manthink]

All high ranking civil servants and politicians take a severe pay cut and reserves can be built up very quickly. 

Anwar's gov cut their ministers pay by 20%....Guess how much it "saved" the Bolehlanders ?



https://mothership.sg/2023/04/msia-save-...s-pay-cut/

[Manthink]

A brilliant contribution

Indeed, every working SGreans from the past and present had been contributing to SGD-based coffers since 1965....and we are the generations who are gets to enjoy this today.

Certainly a worthy achievement.  

[Scythian]

Hope it won’t be stolen n squander finish if goes to the wrong hands

" “If Singapore disappears tomorrow, the world will probably continue on just fine.”"

PM Lee (28 Sept 2019)

[singlon]

empty signifying Nothing
this saga straight to NWO
see any 2nd chance ?nil

[Cmpunk]

If money didn’t invested wrongly our reserve still good

[Lukongsimi]

" “If Singapore disappears tomorrow, the world will probably continue on just fine.”"

PM Lee (28 Sept 2019)

He said that?

[Scythian]

He said that?

Yes

 PM Lee also said "I say what I mean and mean what I say".
" Singapore abides by international law and rule of law."

And lately,
"Singapore in a mess as PM admits politics not as clean as country’s image."

[Scythian]

He said that?

"We must have a stand, our own position, and we stick to that position whomever we are talking to, whichever country or capital you are in," he said.

"When you make a speech, the gist of the message has to be the same. That's what I try to do, and that's what I tell the leaders I'm speaking to whether I'm in Washington, Hangzhou, Tokyo, Europe or Moscow. My essential message is the same."

Note
Please don't question me about imposing sanction on Russia yet reported, Singapore importing largest shipment of diesel

[Lukongsimi]

Yes

 PM Lee also said "I say what I mean and mean what I say".
" Singapore abides by international law and rule of law."

And lately,
"Singapore in a mess as PM admits politics not as clean as country’s image."

In the last days people are lovers of money than God

They say want to help humanity actually is for their own selfish gain 

Betray one another n your enemy is in your own household.

[Scythian]

In the last days people are lovers of money than God

They say want to help humanity actually is for their own selfish gain 

Betray one another n your enemy is in your own household.

Is PM Lee the first PM who started accumulating Singapore reserves?

Out of 58 years independent, PM Lee only in office for 18 years IE less than >30% and already he's facing problems. What happened?

[Lukongsimi]

Is PM Lee the first PM who started accumulating Singapore reserves?

Out of 58 years independent, PM Lee only in office for 18 years IE less than >30% and already he's facing problems. What happened?

Failed investments?

[A2Z]

temasek has lots of foreign talent and most losses stem from them in charge eg ftx, abc children care in down under. Ah Ching herself kept telling other govt divisions to look into the crypto space.