GIC to manage extra 137bil in reserve - Printable Version
+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: GIC to manage extra 137bil in reserve (/Thread-GIC-to-manage-extra-137bil-in-reserve)
+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: GIC to manage extra 137bil in reserve (/Thread-GIC-to-manage-extra-137bil-in-reserve)
Pages:
1
2
RE: GIC to manage extra 137bil in reserve - Scythian - 14-01-2022
So much $$$
Where the $$$ come from?
RE: GIC to manage extra 137bil in reserve - Scythian - 14-01-2022
(14-01-2022, 12:31 AM)watchfirst9 Wrote: How Bloomberg knows these when our president unable to know it
During this pandemic, President is keeping a safe distance inside The Istana away from general public..
RE: GIC to manage extra 137bil in reserve - Teeth53 - 15-01-2022
(13-01-2022, 08:54 PM)Talent Wrote: then gov should give those silver handout
increase to 500 a month instead 240
......
RE: GIC to manage extra 137bil in reserve - Teeth53 - 15-01-2022
(13-01-2022, 11:14 PM)Galilo_l Wrote: Hope d monies b prudently manageS$240.......?. To poor?.
RE: GIC to manage extra 137bil in reserve - Teeth53 - 15-01-2022
(13-01-2022, 10:01 AM)Scythian Wrote: CPF savings = > MAS. = > GICParliament on Tuesday passed a bill allowing the Monetary Authority of Singapore to buy a new type of non-marketable security issued by the government, known as Reserves Management Government Securities.
The new mechanism will be used to bring down the level of foreign reserves held by the central bank — currently about S$566 billion (US$419 billion) — to a rate equal to 65% to 75% of gross domestic product. The rest would be run by GIC.
RE: GIC to manage extra 137bil in reserve - Galilo_l - 16-01-2022
(15-01-2022, 07:20 PM)Teeth53 Wrote: S$240.......?. To poor?.
To South Asia
RE: GIC to manage extra 137bil in reserve - Bluebull - 16-01-2022
(13-01-2022, 12:44 PM)sgbuffett Wrote: If they are having so much money it is inefficient to hold why isn't it given out to poor Singaporeans and those who lost their jobs?
Why tax us in the first place?
The poor pays the same % GST as the rich