SG Talk

"GFCI31 (2022)
Edit
The thirty-first edition of the Global Financial Centres Index (GFCI 31) was published on 24 March 2022. GFCI 31 provides evaluations of future competitiveness and rankings for 119 financial centres around the world. Rankings are based on surveys and 150 factors, with quantitative measures from the World Bank, The Economist Intelligence Unit, the OECD and United Nations.[6]

Rank Change Centre Rating Change
1 New York City 759 3
2 London 726 14
3 Hong Kong 715 1
4 2 Shanghai 714 1
5 2 Los Angeles 713 1
6 2  Singapore 712 "

https://en.wikipedia.org/wiki/Global_Fin...(2022),712

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Obviously, Singapore has just started sliding down the  slippery path.

Hongkong being ranked far ahead of Singapore. Can't be kelong.

Surprisingly no one commented on it

Plunged Becoz of

1MDB
Money laundering
OK Lim oil $4 Bil scandal
Cryptocurrency 3 arrows collapsed

..

Suddenly, no one is saying Singapore is world's 3rd  biggest financial centre..

All gone dead

6th is still not too bad for a little red dot lah. Look at SGX kns, I think our FX trading is better, probably 4th?

Tokyo is behind us.

(18-07-2022, 07:49 AM)RichDad Wrote: [ -> ]6th is still not too bad for a little red dot lah. Look at SGX kns, I think our FX trading is better, probably 4th?

Tokyo is behind us.

Once upon a time, we were told to keep the FX trading volume within Singapore and keep volume up.

It's logical as double accounting

3 Arrows will kick Singapore out of Top 10 ranking 2023

No syndicate here means gone case....all Small shark Cachan puteh...

(26-07-2022, 05:25 PM)Sharexchange Wrote: [ -> ]No syndicate here means gone case....all Small shark Cachan puteh...

Got big one eg 1MDB

OK Lim $4 billion
3 Arrows $100 billion

Must look for 2nd John Soh to rig some stocks here...else market will be like Australia...dead..over regulate..boring..

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Over the years, Singapore self proclaimed as World's 3rd biggest financial centre which is BS

How can Singapore be a financial centre?