+- SG Talk (https://sgtalk.net)
+-- Forum: SG Talk (https://sgtalk.net/Forum-SG-Talk)
+--- Forum: Market Talk (https://sgtalk.net/Forum-Market-Talk)
+--- Thread: Why raised GST to 9%:IF Temasek GIC & MAS claimed largest contributors to Budgets (/Thread-Why-raised-GST-to-9-IF-Temasek-GIC-MAS-claimed-largest-contributors-to-Budgets)
Why raised GST to 9%:IF Temasek GIC & MAS claimed largest contributors to Budgets - Scythian - 25-03-2025
Why raised GST to 9%?
"Temasek's chief executive Ho Ching proclaimed that investment returns by Temasek, GIC and the Monetary Authority of Singapore (MAS) are the “single largest contributor” to Singapore's budget."
If they can do it then, why can't they do it now?
RE: Why raised GST to 9%:IF Temasek GIC & MAS claimed largest contributors to Budgets - red3 - 25-03-2025
Boh gam wan loh ... People money their money their money not people money
RE: Why raised GST to 9%:IF Temasek GIC & MAS claimed largest contributors to Budgets - Scythian - 25-03-2025
(25-03-2025, 11:12 AM)red3 Wrote: Boh gam wan loh ... People money their money their money not people money
With advanced technology, and internet services there's no reasons why Temasek, GIC and MAS together performing worse today than they were 15 years ago.
Why a need to raise GST to 9%?
RE: Why raised GST to 9%:IF Temasek GIC & MAS claimed largest contributors to Budgets - Scythian - 25-03-2025
(25-03-2025, 11:12 AM)red3 Wrote: Boh gam wan loh ... People money their money their money not people money
Are they not using Norwegian SWF as their benchmark?
Norwegian SWF reported ROI US$222.2 billions in one year.
RE: Why raised GST to 9%:IF Temasek GIC & MAS claimed largest contributors to Budgets - Napoleon Porlumpar - 25-03-2025
(25-03-2025, 12:22 PM)Scythian Wrote: With advanced technology, and internet services there's no reasons why Temasek, GIC and MAS together performing worse today than they were 15 years ago.
Why a need to raise GST to 9%?
if there's winners.................there has to be losers mah.................
maybe Temasek + GIC go long................''someone'' going short..............
RE: Why raised GST to 9%:IF Temasek GIC & MAS claimed largest contributors to Budgets - Scythian - 26-03-2025
(25-03-2025, 09:24 PM)Napoleon Porlumpar Wrote: if there's winners.................there has to be losers mah.................
maybe Temasek + GIC go long................''someone'' going short..............
Temasek and GIC invested in different types of assets class as compared to Norwegian SWF.
That's why Norwegians SWF ROI US$222.2 billions in 2024 while both Singapore SWFs crying foul..
ROI near zero - not acceptable
RE: Why raised GST to 9%:IF Temasek GIC & MAS claimed largest contributors to Budgets - Scythian - 26-03-2025
A test of time
Inability to sustain prolonged physical and mental endurance..
"the spirit is willing, but the flesh is weak"
RE: Why raised GST to 9%:IF Temasek GIC & MAS claimed largest contributors to Budgets - Cmpunk - 26-03-2025
Greed is the answer.
RE: Why raised GST to 9%:IF Temasek GIC & MAS claimed largest contributors to Budgets - Scythian - 28-03-2025
(26-03-2025, 05:58 AM)Cmpunk Wrote: Greed is the answer.
When Govt raised GST to 9%, whatever they said b4 are BS
RE: Why raised GST to 9%:IF Temasek GIC & MAS claimed largest contributors to Budgets - RiseofAsia - 28-03-2025
(25-03-2025, 10:46 AM)Scythian Wrote: Why raised GST to 9%?
"Temasek's chief executive Ho Ching proclaimed that investment returns by Temasek, GIC and the Monetary Authority of Singapore (MAS) are the “single largest contributor” to Singapore's budget."
If they can do it then, why can't they do it now?
They dont dare to raise corporate tax. $$$ must come out from somewhere, so dafts will be the easy target. 编几句鬼话就够了，钱就立马送上门lah.