No video

Singapore Reserves: The Untold Story - Ep 1/2 | Singapore Reserves Revealed | Full TV Episode

  Рет қаралды 716,516

CNA Insider

CNA Insider

Жыл бұрын

In any given year, the Singapore reserves contribute up to a fifth of government spending. This sum is merely half of the annual returns that come from investing the huge capital sum that makes up the country’s reserves. While a chunk of it is invested in gold, Singapore’s proverbial pot of gold is actually invested in a wide range of assets all across the globe, thanks to an army of people from three entities - each with a slightly different mandate.
Through exclusive interviews with top leaders and insiders of ‘Singapore Inc’, we reveal what exactly makes up the republic’s reserves, the unique infrastructure that the city state has built to guard and grow its wealth, the ‘hidden’ role that these reserves play not just for the island’s economy, and answer the million-dollar question: Why are the reserves such a huge secret?
WATCH MORE Singapore Reserves: The Untold Story
Part 2: • Singapore Reserves: Th...
01:42 What if Singapore didn’t have reserves?
03:31 How Singapore’s reserves affect grocery prices
06:19 Defending the Singapore dollar
14:11 Unveiling Singapore’s gold
15:37 What’s the difference between GIC and Temasek?
18:28 Prime Minister of Singapore shares about the reserves
19:58 Companies Singapore invested in through GIC
22:35 Major international properties invested in through GIC
24:18 Responding to keyboard warriors
25:39 Importance of Government Linked Companies
29:33 How large are Singapore’s national reserves?
32:53 Is everything government-linked part of the reserves?
36:13 How Singapore’s reserves guarantee CPF interest rates
38:29 How land reclamation contributed to our nation
43:11 What is Net Investment Returns Contribution (NIRC)?
====
About the show: Singapore’s reserves are more than just an emergency fund. This online series hopes to lift the lid on the ‘secret sauce’ instrumental to the prosperity of the most successful city state of our time.
=========
#CNAInsider #SingaporeReservesRevealedCNA #Singapore
For more, SUBSCRIBE to CNA INSIDER!
cna.asia/insideryoutubesub
Follow CNA INSIDER on:
Instagram: / cnainsider
Facebook: / cnainsider
Website: cna.asia/cnainsider

Пікірлер: 623
@qqyytlga9649
@qqyytlga9649 Жыл бұрын
They should make it mandatory for all students to watch this documentary. A lot of lessons to learn and it's not just about how the reserves are managed. We should always prepare for rainy days, be mindful of our spending and be forward looking.
@cmc435
@cmc435 11 ай бұрын
Agreed
@Marcellus_Wallace_has_a_secret
@Marcellus_Wallace_has_a_secret 11 ай бұрын
I wish we had a caring government like this in Australia. Your quite lucky Singapore.
@mingyuhuang8944
@mingyuhuang8944 11 ай бұрын
Excellent video. Well made and easy to understand. Majulah Singapura!
@faith5401
@faith5401 9 ай бұрын
​@@Marcellus_Wallace_has_a_secret Same here in Malaysia !!
@juliatzw
@juliatzw Жыл бұрын
I'm amazed at the production quality and how understandable the writing is. As someone without a finance background, the analogies used in the video were very useful help me understand this complex topic. Love how this documentary has come out nearing PE2023. It will definitely be good contextual knowledge to understand while scrutinising the presidential candidates. Keep up the good work, CNA Insider!
@franciscody9622
@franciscody9622 Жыл бұрын
I have a strong finance background. The quality is not good.
@hannah5245
@hannah5245 Жыл бұрын
Timely for sgporeans to hear.
@chromelemon
@chromelemon Жыл бұрын
@@franciscody9622what could have been better?
@LennethSim
@LennethSim Жыл бұрын
@@franciscody9622 what should be improved on then?
@tangt4860
@tangt4860 Жыл бұрын
Yes like the anal logies of Singapore being a Garden of Eden. Real Christians will be very terrified because it means good times are coming to an end and Singaporeans will be thrown into perfidy by the Snake and the Poisonous Apple into the final abyss of Death.
@sweelim5473
@sweelim5473 Жыл бұрын
We must thank our forefathers who designed and created such a wonderful financial scheme to protect Singaporeans in good and bad times. We must also thank our government for executing such a scheme with wisdom, integrity and reliability. Lucky for all Singaporeans 👍👍👍
@mingyuhuang8944
@mingyuhuang8944 11 ай бұрын
❤Excellent video. Well made and easy to understand. Majulah Singapura!
@cac1504
@cac1504 5 ай бұрын
Pioneer generation worked hard but low salary. Now at retirement age the reserves should provide them money in twilight years, not collecting cardboards or work in McDonald's.
@leewn2319
@leewn2319 Жыл бұрын
Sg is so blessed by its 1st generation of leaders led by founder PM Lee Kuan Yew and its dedicated of wise, bold visionary team mates. They have done so much for Sg that our current govt abd ruling party is able to continue to build on their legacy. May God continue to bless SG and its leaders to a even stronger united nation for its future generations.
@missamandaloo116
@missamandaloo116 Жыл бұрын
I always admire that Singapore is run by a team of capable politicians. However, one should never take it for granted because every country will have its prosperous and doom period. May the next prime minister be as wise and capable as Mr Lee Hsien Loong.
@opocot7363
@opocot7363 Жыл бұрын
loong but ok
@Zmz-tw7gq
@Zmz-tw7gq Жыл бұрын
It will always pass to family
@RickyChia-no4gy
@RickyChia-no4gy 3 күн бұрын
Lee Hsien Loong is not wise pls... he's a treasonry egomaniac.
@CNAInsider
@CNAInsider Жыл бұрын
WATCH Part 2 of Singapore Reserves: The Untold Story - kzbin.info/www/bejne/jH-1Y32impuBjbM
@ianl.9271
@ianl.9271 Жыл бұрын
The other multi-part clips should be deleted because they don't tell the whole story and people who have not watched all the parts might get the wrong idea.
@durian5233
@durian5233 Жыл бұрын
14:13 the Singapore government holds 222 tonnes of physical gold. Remember in 1999 Gordon Brown sold 395 tonnes of UK gold. I believed Singapore will continue to buy more gold when opportunity presents itself. Very smart govt.
@Maximax1091
@Maximax1091 Жыл бұрын
222 tonnes of gold sound little compared to other countries' gold reserves.
@eatdriveplay
@eatdriveplay Жыл бұрын
@@Maximax1091 because we have it invested in other assets through GIC. And we have much in forex operations.
@myoung1970s
@myoung1970s Жыл бұрын
​@@Maximax1091Other countries have more people to feed and support
@shinholee3788
@shinholee3788 14 күн бұрын
@@Maximax1091 ..... Have you heard of per capita?.....😂😂😂
@crsytaltan
@crsytaltan 11 ай бұрын
i learnt SO MUCH in this video. kudos to the CNA team once again for giving us quality content. when i was a child, CNA was just a channel that the adults will play as background noise and i wouldn’t understand a single thing the presenter was saying and all i saw was the stocks going up and down. i feel CNA content has definitely grew over the years and now makes complex concepts into more personable and relatable content that an everyday person like me can understand. thank you so much!!
@cliffieberry
@cliffieberry Жыл бұрын
Probably the most important documentary ever produced
@franciscody9622
@franciscody9622 Жыл бұрын
How can it be important if it does not disclosure size of the reserves?
@tjahjadi659
@tjahjadi659 7 ай бұрын
@@franciscody9622security reasons
@TheReiz88
@TheReiz88 Жыл бұрын
The government cannot work without the smart people involved in all of this. Kudos to all the contribution from the singaporeans and all of us! Majulah singapura!
@franciscody9622
@franciscody9622 Жыл бұрын
The "smart people" lost BILLIONS investing in UBS, Merrill Lynch, Barclays and FTX. They also cannot give Singaoreans a First World Standard of Living.
@Maximax1091
@Maximax1091 Жыл бұрын
Are you a smart guy? Where do you work?
@DoctorTristanPeh
@DoctorTristanPeh 9 ай бұрын
Watch this with my kids, as a fellow Singapore! Thank you for sharing with us this amazing video. Understand a lot more about our reserve. This video should be part of Singapore National Education!
@iamavaenergy
@iamavaenergy 8 ай бұрын
Yes, absolutely! It would be great if this video could be used to educate Singaporeans about our nature reserve.
@user-fk1dw7yy6o
@user-fk1dw7yy6o 5 ай бұрын
😊
@sharonwong8280
@sharonwong8280 Жыл бұрын
This documentary of the Singapore Reserves truly shines a light on the quality of the team/people managing it. It is a wildly successful story to be proud of. I live in Malaysia, a country that I love. When our ministers and elite authorities here can hardly string a coherent sentence together, it chokes me when I try to compare us with Singapore.
@vierikristianto1334
@vierikristianto1334 Жыл бұрын
Dude..... Imagine what Im thinking as an Indonesian
@waisign
@waisign Жыл бұрын
after watching this vid. i feel ashamed :(
@clt2744
@clt2744 Жыл бұрын
Thanks for your generous n honest comment
@xLeonZai
@xLeonZai Жыл бұрын
Amazingly made and educational. i am amazed by the information revealed for public consumption. i hope people absorb these outside of any political beliefs and appreciate how much is being done back end by the amazing people in the various companies managing the sovereign wealth of Singapore ensuring it's longevity
@franciscody9622
@franciscody9622 Жыл бұрын
Not true. Playing fast-and-loose with the facts. The "amazing people" lost BILLIONS investing in UBS, Merrill Lynch, Barclays and FTX. Let that sink in
@marvelcomiks8078
@marvelcomiks8078 Жыл бұрын
@@franciscody9622 The unit that lost those tons of money was under Temasek, not GIC or MAS. Thats what the video is telling you.
@jamesgreen4212
@jamesgreen4212 Жыл бұрын
@@franciscody9622Look, I'm no PAP sucker - I voted for WP in the last election. BUT I'll still acknowledge that our administrative body and the people that work behind it, are doing a rather good job (barring the occasional screw ups *cough* FTX).
@mingyuhuang8944
@mingyuhuang8944 11 ай бұрын
Excellent video. Well made and easy to understand. Majulah Singapura!❤❤
@RexCaelestis
@RexCaelestis Жыл бұрын
CNA Insider never disappoints. Thank you team for doing what others can't, even if there are some lines that you unfortunately can't cross.
@mingyuhuang8944
@mingyuhuang8944 11 ай бұрын
Excellent video. Well made and easy to understand. Majulah Singapura!
@candlesticksandcarrots
@candlesticksandcarrots Жыл бұрын
Production is so high quality and makes me look forward to the next episode. This is very informative.
@ScorpioRebelliousTV
@ScorpioRebelliousTV Жыл бұрын
This was a very good and informative video showing how Singapore as a country manages its reserves, I enjoyed the part when they showed a group of people working around the clock to defend our Singapore currency in the forex market to ensure our currency is stable against other major currencies around the world.
@franciscody9622
@franciscody9622 Жыл бұрын
Norway manages its reserves much better than Singapore. It is also more open and transparent. It does it better because it is a real democracy with openness, transparency and (real) accountability with free and fair elections.
@eatdriveplay
@eatdriveplay Жыл бұрын
@@franciscody9622 Norway has oil. LOL. What are u talking about? And it has Euro… it doesn’t need to defend its own currency.
@yogayoggie2209
@yogayoggie2209 Жыл бұрын
@@eatdriveplay check your facts before you open your mouth. Norway not even part of EU. What is oil got to do with transparency??? Even if spore has oil, the govt n system here are not transparent! Shallow
@eatdriveplay
@eatdriveplay Жыл бұрын
@@yogayoggie2209 lol. Sure I made a mistake lumping Norway with Euro. Why oil has to do with it? Because it changes their strategic backing - Singapore has no other asset to rely on. The strategy and risk is entirely different. What good does it do for Singapore and Singaporeans to make the reserves public? What good does it do? The only people with an interest to know the figure - unless you are a foreign power trying to manipulate and undermine our currency, otherwise for what??
@yogayoggie2209
@yogayoggie2209 Жыл бұрын
@@eatdriveplay he was talking about TRANSPARENCY dude! You still have not get it. No need to give long grandmother story.
@touchofgrey5372
@touchofgrey5372 Жыл бұрын
Probably the most competently managed and governed country on earth!
@franciscody9622
@franciscody9622 Жыл бұрын
Really? Where is the First World Standard of Living?
@marvelcomiks8078
@marvelcomiks8078 Жыл бұрын
The forefathers were extremely intelligent, boisterously creative and competent. We cannot say the same for the current incumbent who has had on several occasions messed things up. The cracks are forming with some of the Ministers being absolutely incognizant of their responsibilities to the people and some chasing after their own personal interests.
@liangjerry
@liangjerry Жыл бұрын
Its the ppl = Singaporeans (Masses) not mainly the goverment....dilutional and weak processing skills to further understand what laid infront ... aka Fog of War.
@JoJoAnne
@JoJoAnne Жыл бұрын
Indeed.
@LennethSim
@LennethSim Жыл бұрын
@@franciscody9622 can you describe in details what first world living you want?
@dadade
@dadade Жыл бұрын
amazingly done. didnt expect that we would be so transparent about our reserves (esp at this troubling times). i hope people can now understand why govt CANNOT reveal exactly how much reserves SG has. SGD will suffer if we do.
@kimito7521
@kimito7521 Жыл бұрын
Love this series. Informative to the common person on the street (like me), explains simply the economics behind Singapore’s unique monetary policy approach, and also the roles and relationships between different entities e.g. Temasek vs GIC. Great contextual knowledge in the lead up to PE '23 on evaluating the fit of the candidate and as holder of the 2nd key. (Side note: Also love the football analogy @16:45 and the throwbacks of old school commercials @25:50 for Singtel, SIA, and DBS!!)
@franciscody9622
@franciscody9622 Жыл бұрын
You have low standard and you still do not know the size of the reserves.
@faith5401
@faith5401 9 ай бұрын
These Chinese are Smart and hardworking, caring for the Country and their Singaporians much! A Blessed Country indeed! ❤❤
@JoJoAnne
@JoJoAnne Жыл бұрын
CNA did a very good job in producing and narrating this series. Gold is a good commodity and many buy it as investment. It is safe. In hard times, it is more valuable where money is worthless in times of war. You can use it anywhere in the world.
@noproblematallmate
@noproblematallmate Жыл бұрын
Gold value could drop if supply increased massively in a technological leap. Imagine mining gold easily from underground
@JoJoAnne
@JoJoAnne Жыл бұрын
@@noproblematallmate yes like many it will drop.. but in hard times it is more valuable than any paper notes or gems in the world.
@robingoh2325
@robingoh2325 Жыл бұрын
Our current state stands as a testament to the virtues of a fiscally responsible government. Through strategic prioritization of savings, we’ve managed to achieve remarkable progress, setting ourselves apart from those nations whose governments have squandered their resources. This approach has translated into tangible benefits, such as robust infrastructure, social programs, and a stable economy. However, the prospect of an administration characterized by recklessness raises alarming concerns. A single term under such leadership could swiftly erode the foundations we’ve painstakingly built, leaving us on the precipice of irreversible decline. The potential consequences are dire - economic instability, burgeoning debt, and a prolonged period of recovery that might challenge even the most diligent efforts. Therefore, safeguarding our achievements necessitates not only our appreciation for fiscal responsibility but also our vigilance in selecting leaders who uphold these principles. The path forward must be one of continued prudence, lest we risk squandering the legacy we’ve worked so hard to create.
@wf645
@wf645 Жыл бұрын
A clear example is Taiwan - 16 years of bad and corrupt governing by Chen and currently Tsai ... all but a shadow of former Taiwan
@franciscody9622
@franciscody9622 Жыл бұрын
"Word salad". What is the size of the reserves?
@wf645
@wf645 Жыл бұрын
@@franciscody9622 Are you a BAD actor ? with bad ulterior motives ?
@eatdriveplay
@eatdriveplay Жыл бұрын
@@franciscody9622 and that benefits u in what way? Unless u are a foreign country wanting to attack us.
@eliplays413
@eliplays413 Жыл бұрын
Love it! The best of CNA documented so far. Great job well done 🎉
@franciscody9622
@franciscody9622 Жыл бұрын
Did it tell you the size of the reserves?
@christopherwillson
@christopherwillson Жыл бұрын
I can't get over how cool this video is. I love Singapore.
@franciscody9622
@franciscody9622 Жыл бұрын
You mean clueless on the size of the reserves.
@heizenberg-pcchoo6898
@heizenberg-pcchoo6898 Жыл бұрын
@@franciscody9622u r a fool
@christopherwillson
@christopherwillson Жыл бұрын
@@franciscody9622 What?
@Tl7121
@Tl7121 Жыл бұрын
​@@franciscody9622 joke is on you😂
@AlfariziZakaria
@AlfariziZakaria 9 ай бұрын
Singapore always surprises me, a country designed by intelligent people 🇸🇬♥️
@nakednietzsche7622
@nakednietzsche7622 Жыл бұрын
This is honestly delightfully entertaining. Not only is it interesting and informative but it leaves the viewer with a sense of confidence about the future of Singapore. Thank you for making this and I cant wait for part 2 !!!
@franciscody9622
@franciscody9622 Жыл бұрын
I am not confident because I still do not know the size of the reserves
@heizenberg-pcchoo6898
@heizenberg-pcchoo6898 Жыл бұрын
So leave SG …!
@skiller94
@skiller94 Жыл бұрын
You can go to malaysia :) No one owes you an explanation@@franciscody9622
@nileek23823
@nileek23823 Жыл бұрын
@@franciscody9622you are appearing in every comments shows how desperate you are. Go cry now.
@peterpan9785
@peterpan9785 Жыл бұрын
Thank you CNA Insider for answering all the questions that most of us have.
@franciscody9622
@franciscody9622 Жыл бұрын
It did not answer the question on the size of the reserves.
@LennethSim
@LennethSim Жыл бұрын
@@franciscody9622 If you have what it takes to be the PM or the President, you will know the size.
@Daviddd3
@Daviddd3 Жыл бұрын
@@franciscody9622whats the point of knowing? So we know how rich ah gong is and complain why gst cannot lower and continue to whine n complain?
@PH16
@PH16 Жыл бұрын
​​@franciscody9622 You probably didn't understand the part where they said the full size of the reserves is a national security issue. Just look back in history in 1997, on how the Thai central bank ran out of reserves during speculative attacks, which resulted in a devaluation of the Thai Baht
@josephc.9520
@josephc.9520 Жыл бұрын
​@@franciscody9622And they never will. For good reason.
@jackywong4806
@jackywong4806 Жыл бұрын
This is so informative. CNA should have done this long ago. How NIRC helped Singapore so much that we Singaporean benefiting it without even knowing it.
@heizenberg-pcchoo6898
@heizenberg-pcchoo6898 Жыл бұрын
@@franciscody9622the size of your numb skull
@JoJoAnne
@JoJoAnne Жыл бұрын
Well said.
@sleepandrelaxation3395
@sleepandrelaxation3395 Жыл бұрын
@@franciscody9622 Did you even watch the full video? Just add the numbers up by yourself...
@bummers
@bummers Жыл бұрын
Can't wait for part 2. Great video. CNA Insider's documentaries are as usual stellar unlike other CNA news coverage that is syndicated from foreign press like AP, AFP, BBC or CNN. Keep up the good work doing professional journalist work on the ground!
@lootster
@lootster Жыл бұрын
I super love this episode! Thanks to CNA for making this 🙏🏻
@franciscody9622
@franciscody9622 Жыл бұрын
I wasted my time on this because it did not tell me the size of the reserves.
@eatdriveplay
@eatdriveplay Жыл бұрын
@@franciscody9622 sure, unless u want to attack Singapore from a foreign country, what benefit does it give u?
@Alphidius
@Alphidius Жыл бұрын
Best Documentary so far this year! Can't wait for Part 2! Keep up the good work!
@skiller94
@skiller94 Жыл бұрын
Superb production and insightful exploration into the Singapore Reserves to provide some answers to many curious Singaporeans who keep asking about our Reserves. Glad that it is of a healthy amount to quell the haters trying to fan the flames of fear
@tingxuan9337
@tingxuan9337 11 ай бұрын
Kudos to the team to make this series! We are in a world where we information are being misused and misinterpreted or even to use for own objective, this is very clear that the government plans a lot and we cannot afford to take any risk.
@MrSkullSociety
@MrSkullSociety Жыл бұрын
one of the best video production series that singapore have for a long time.
@martinmaina523
@martinmaina523 10 ай бұрын
I'm a Kenyan and this is beautiful
@SGAndyAng
@SGAndyAng Жыл бұрын
Potentially Documentary of the year!
@syedadeelhussain2691
@syedadeelhussain2691 Жыл бұрын
A lot of credit goes to DR Goh who was the Chairman of MAS. He had set up the forex and treasury management desks in those days. That contributed to FOREX reserve accumulation.
@franciscody9622
@franciscody9622 Жыл бұрын
Dr Goh should have told LKY GDP growth is the wrong economic metric to follow.
@Maximax1091
@Maximax1091 Жыл бұрын
@@franciscody9622 What is the correct economic metric to follow in your opinion?
@zarine1958
@zarine1958 11 ай бұрын
​@franciscody9622 what metric do you recommend? And give a succesful country with stable economy and employment as example. Thanks.
@emeritusdavidteo5553
@emeritusdavidteo5553 Жыл бұрын
An insightful documentary to benchmark the Presidential candidates. Thank you.
@franciscody9622
@franciscody9622 Жыл бұрын
The bottom line is that the EP (and Singaporeans) must know the size of the reserves. They cannot protect what you do not know. It is that simple.
@JtubeYouTube
@JtubeYouTube Жыл бұрын
The quality and content of this documentary is excellent! Good job CNA!
@homeforthree
@homeforthree Жыл бұрын
This was such a good documentary! Easily understood too. Bravo CNA
@explorerzz
@explorerzz Жыл бұрын
Very insightful. Looking forward to part 2.
@franciscody9622
@franciscody9622 Жыл бұрын
Still do not have insight on the size of the reserves.
@kaspertheroundghost
@kaspertheroundghost 4 ай бұрын
Very good documentary!❤
@Styrax
@Styrax Жыл бұрын
This was a great production! From writing, shots, audio and post - It truly kept my attention throughout!
@allie_t4418
@allie_t4418 Жыл бұрын
Such an informative series honestly! It answers questions that many Singaporeans have on the national reserves since covid. 😂 Waiting patiently for part 2.
@stayprepared2388
@stayprepared2388 Жыл бұрын
now the actual amount is known public = trick Singapore in poor investment ( invest in China technology and education shares = lose billions of dollars ) , force the food prices to go up for Singapore to pay , increase the price of crude oil. this will destroy Singapore only capable defend. ( now the actual amount is known public ) Singapore Opposition party will be laughing a big win over PAP.
@Thekidisalright
@Thekidisalright Жыл бұрын
This is such a well-researched, produced series, it present complex economic concepts and government organization structures in a easy to digest way. Only thing is wish it has subtitles in Chinese, Malay and Tamil so everyone young and old, who only speaks their mother tongue get to learn as well.
@jsurfin1
@jsurfin1 Жыл бұрын
At the very least, should have subtitles in the other official languages.
@franciscody9622
@franciscody9622 Жыл бұрын
Not good. Still do not know the size of the reserves.
@Geforce3
@Geforce3 Жыл бұрын
I am pretty sure a Malay, Chinese and Tamil version will come soon
@randomdigress
@randomdigress Жыл бұрын
Thank you CNA, this video was amazingly informative!
@franciscody9622
@franciscody9622 Жыл бұрын
Amazingly useless for not disclosing the size of the reserves.
@randomdigress
@randomdigress Жыл бұрын
@@franciscody9622 had there ever been a local channel that ever done that in the world? What kind of country discloses it to the whole world, SG is not a publicly traded company
@mingyuhuang8944
@mingyuhuang8944 11 ай бұрын
Excellent video. Well made and easy to understand. Majulah Singapura!
@hummit
@hummit Жыл бұрын
Thank you CNA for another enlightening series!
@naanyangdiaries
@naanyangdiaries Жыл бұрын
those people who ask for land cost to be excluded from HDB should watch this, it's like going to US and Norway, or any other oil producing country and say petrol should be free since it doesn't cost money to the gov
@caseyneistat2371
@caseyneistat2371 Жыл бұрын
But land cost was excluded during LKY time and back then we had no GST , few foreigners and yet was doing so well.
@KatJade269
@KatJade269 Жыл бұрын
How to move forward if we keep comparing present time to LKY’s time. LKY and his team did a very brilliant job in building up Singapore. Every generation of leaders have their set of challenges in governing and hence, they had/have to adjust accordingly to political and economic situations, etc in the world.
@dgm9156
@dgm9156 Жыл бұрын
As for the High-Cost for housing, cry by most people today and putting the blame sole to Government without considering this is just an island without any construction resources, even the land needs to be reclaimed! Never mind, as we had seen foreigners would rather pay hefty price for their housing-spree in Singapore because of its safety & diligent government & stability, upto tens of millions per unit while we can't say the same for Local's born & breed Singkies as we had limited resources, thus the limited jobs opportunity & limited wealth creation opportunity as compared to those wealthy foreigners investors! Although, the government had already provided even cheap 2-bedrooms HDB price but most Singaporean 'see it no-up' would rather compare to those exclusive condominiums price and cry-expensive! So, come my solution, can the Government sort-of ask the developers or even to the extent subsidies those 'private' condominiums price to the extent of 50% off the selling price for certain categories of Local born 2nd generation & married & served NS Singaporean so to stop their crying of housing-too-expensive, anymore? Maybe, 10% quota should be reserved for locals at every housing development be it public & private development and the difference subsidy-prices can be offset from selling at extra sort-of levy to those foreigners, that want to invest Singapore properties as safe-heaven that don't mind paying extra! That will be a 'win-win situation'!
@naanyangdiaries
@naanyangdiaries Жыл бұрын
@@caseyneistat2371 land cost excluded during LKY time?? What are you smoking? It's LKY, nothing is excluded.
@francisyuweh706
@francisyuweh706 Жыл бұрын
i like how they really made a swift decision that time to use to save jobs and lives, kudos the leaders and the people that helped with it
@Koekie5616
@Koekie5616 Жыл бұрын
I loved this series. Well done CNA~~
@carolinegodden4364
@carolinegodden4364 Жыл бұрын
Impressive, thanks so much for sharing. All the best. Caroline in Melbourne
@jahangiribrahimsingapore
@jahangiribrahimsingapore 11 ай бұрын
Now I can somewhat understand what is this all about and how meticulous to save this much to make Singapore work,koodos to all the Great people involved ❤
@kohkohnutto
@kohkohnutto 9 ай бұрын
this is awesome and i truly appreciate the research, editing and post-production the team of writers and producers at CNA Insider have done! the analogies are spot-on and great for any layman to understand!
@aniket2812
@aniket2812 9 ай бұрын
Great video.. love Singapore and it's efficient and transparent government!
@suzannelim8158
@suzannelim8158 Жыл бұрын
Can’t wait for the next part!
@limchbg1217
@limchbg1217 Жыл бұрын
For me which i have gained so much knowlege in my country reserved! Thanks to this episode...
@franciscody9622
@franciscody9622 Жыл бұрын
How much knowledge on the the size of the reserves do you have?
@merc7paul
@merc7paul 7 ай бұрын
Amazing info, from Canada🎉
@christopherwillson
@christopherwillson Жыл бұрын
I've been loving these videos about the reserves. So cool.
@franciscody9622
@franciscody9622 Жыл бұрын
So clueless on the size of the reserves
@christopherwillson
@christopherwillson Жыл бұрын
@@franciscody9622 You know you're allowed to let people enjoy things, right? Why are you dropping this random bizarre comment?
@Jerontyw
@Jerontyw Жыл бұрын
LOVE THIS DOCUMENTARY!!!
@franciscody9622
@franciscody9622 Жыл бұрын
Are you ok? You love "word salad"?
@heizenberg-pcchoo6898
@heizenberg-pcchoo6898 Жыл бұрын
Are you ok…? The reserve is not reveal to stop people from speculating the SG Dollars
@vierikristianto1334
@vierikristianto1334 Жыл бұрын
Dang bro Feeling so envious with how great Singapore has managed their Country
@cons7ance
@cons7ance Жыл бұрын
This is a video so well done! Very informative and educational yet entertaining as well. Enjoyed the effort put in to the video to incorporate different elements to make this video so enjoyable!
@indobloger1817
@indobloger1817 9 ай бұрын
As an Indonesian I know that Temasek and GIC have invested in several Indonesian companies too.
@hengkwongwong6130
@hengkwongwong6130 9 ай бұрын
Very good documentary..
@mtan0001
@mtan0001 Жыл бұрын
Very easy to understand for the lay persons. Great job!
@PalmuserSavage
@PalmuserSavage Жыл бұрын
Thank you so much. I’ve a better understanding now. We are blessed indeed.
@flyingchef6980
@flyingchef6980 Жыл бұрын
this documentary and yesterday's LHL's interview will surely spark a lot of questions in Parliament, just like the documentary on Maximum Security Prison.
@franciscody9622
@franciscody9622 Жыл бұрын
Will they ask for the size of the reserves?
@blazenelson9901
@blazenelson9901 Жыл бұрын
looking forward part 2, it improve the general knowledge
@franciscody9622
@franciscody9622 Жыл бұрын
My knowledge on the size of the reserves has not improved.
@heizenberg-pcchoo6898
@heizenberg-pcchoo6898 Жыл бұрын
@@franciscody9622because u r a fool
@takanna
@takanna Жыл бұрын
this is amazing work by CNA. love it.
@msanthosh2004
@msanthosh2004 Жыл бұрын
Thank you for making this video. This is super educational.
@6-Avenue
@6-Avenue Жыл бұрын
Good job CNA. Well Done!
@windsong3wong828
@windsong3wong828 Жыл бұрын
USA national debts shot up from $22 T in 2019 to $33 T in 2023. The pensions in USA would not be sufficiently covered in the futures. USA cant compete with Singapore in accountability and smarts. Singapore had done well ……but I am always amazed why Singaporeans are unhappy about their reserves. The unhappy Singaporeans should try comparing other countries.
@RanRii
@RanRii Жыл бұрын
Compare with not what is worse but rather what is better. The final bit is a good point: why not just double the taxes on corporations? Why not raise personal income taxes on the rich? Why are they taking the measure of increasing GST to make up for spending? This is not equitable at all and they do not explain the rationale behind it. Has public spending on housing truly created affordable homes for Singaporeans? How long do Singaporeans need to wait in queue for BTO? How about Singaporeans who are single or Singaporeans who are single parents? Why is the government coddling businesses and the ultra-rich? All questions left unanswered while the documentary pursues the lionisation of the people working with the reserves.
@kohmk2329
@kohmk2329 Жыл бұрын
@@RanRiiSimple the corporations,the riches got legs ,but the poor are here to stay 😂
@daveevad3524
@daveevad3524 Жыл бұрын
​@@RanRii IMO, some of the unanswered questions are out there and the government cannot speak outright on those because it might be used against them in other malicious manner. They tend to only release information in a matter-of-fact manner that will never have a chance to jeopardize themselves. Such as the reserved funds Singapore has. There might be certain implications of answering some of these questions with unintended consequences. That's the most logically reason I can come up with but as long as they don't have the obligation to release it, you have to come out the solution yourself.
@squiggy18
@squiggy18 Жыл бұрын
I knew Singapore was well run. But I now know that, that was an understatement. Its more like a Swiss watch performance.
@Youtubes_Officials
@Youtubes_Officials Жыл бұрын
The information provided in this documentary shows that things are moving in the right direction.😄
@yamiyeo5352
@yamiyeo5352 11 ай бұрын
Bravo Fantastic well presented insight - now we all understand where our monies are saved & being used for the greater good of Singaporeans at large 🎉❤
@christopherwillson
@christopherwillson Жыл бұрын
Subscribed so I wouldn't miss part 2.
@JeremyKieranNg
@JeremyKieranNg Жыл бұрын
Love this episode, when will episode 2 be out!
@franciscody9622
@franciscody9622 Жыл бұрын
Hate it because I still do not know the size if the reserves.
@kirbyisjaye
@kirbyisjaye Жыл бұрын
Very informative and entertaining at the same time. Makes me want to know how my country (The Philippines) manages its reserves- or the lack of 😅
@maypek4803
@maypek4803 Жыл бұрын
Reserves safeguards country life and lives to see every rising sun.
@franciscody9622
@franciscody9622 Жыл бұрын
How do you it is still there when you do not even know what it is and how much you have?
@maypek4803
@maypek4803 Жыл бұрын
@@franciscody9622 what types of texts of words that use will protray the mind set of it relistic cultivation background listed only of it arrogance to shield it need of an outermost to shown off it skill of mind of heart in it upbring learning qaulities standard.
@maypek4803
@maypek4803 Жыл бұрын
@@franciscody9622 A money oriented than will ask how much others people have. Do people assets need to reveal to the public than why don't you reveal ur bank account number to the world that how much u have of the only one of the top in the world listed only to be share. Humble enough to share to give and take being as living earth humanities rather than boosting it (arrogances ) to shown off it tanlent in the mind of heart of mouth of words to be shown and test of it background that it has cultivated superiorities of an upbringing concept living in this century.
@maypek4803
@maypek4803 11 ай бұрын
What type of of mind setting will protray an upbringing cultivation in it learning journey only. If the mind setting as private detective is solid enough than it shall be hold as an important post to be renown. Complete with international investigators than will known their power to be known learn read understand living in this life time.
@mpdmpd8118
@mpdmpd8118 10 ай бұрын
singapore is the finest government in the world #1
@Wuyh99
@Wuyh99 11 ай бұрын
Honestly watching this video makes me proud to be a singaporean
@Gatecrasher1
@Gatecrasher1 11 ай бұрын
This piece is absolutely amazing and I can't wait to watch the continuation. I'm even more amazed at how forward-thinking the Singaporeans were in establishing their monetary system and putting forth guardrails to prevent fraud and corruption. It's truly inspiring and they are the benchmark from which all other countries should learn from.
@Bonbon-C
@Bonbon-C Жыл бұрын
I am at awe at what Singapore has done, hopefully my country will be like that in the future. =)
@ysngngys7753
@ysngngys7753 Жыл бұрын
A very good reference point...
@sameeracee
@sameeracee Жыл бұрын
Don’t think any other government could do this and how exemplary Singapore is without any natural resources? thus the people should stay unified and safeguard and not to complain too much! Singapore is a special case of study to the world!
@shanmugamudhaya7726
@shanmugamudhaya7726 11 ай бұрын
Production quality on point
@setoelkahfi
@setoelkahfi 10 ай бұрын
This ben really useful for me! Thanks
@jbrkjferkjbekjb
@jbrkjferkjbekjb Жыл бұрын
Looking forward to part 2/2
@mernabintehassan9669
@mernabintehassan9669 Жыл бұрын
I can't wait for part 2 tonight. 17/8
@WallaseyanTube
@WallaseyanTube Жыл бұрын
A very interesting and informative video. Thank you.
@bernardgoh1941
@bernardgoh1941 Жыл бұрын
May I suggest the malaysian govt esp PMX to watch this n learn from Singapore ??!
@ip3vk
@ip3vk Жыл бұрын
Oh, they will surely watch & will form another 1mdb😂
@patrickkam7174
@patrickkam7174 Жыл бұрын
U guys really think these achievements can be done within one night? 😂 At first I thought u guys were heading the China way, then I see more like the Afghan way😅
@grayceseeto
@grayceseeto Жыл бұрын
This was so good!
@cloudygal83
@cloudygal83 Жыл бұрын
Very well done!! 👏
@arcencielc2065
@arcencielc2065 Жыл бұрын
Excellent program. Unfortunately, the sound volume is unusually low for CNA.
@Ohshdhaha
@Ohshdhaha Жыл бұрын
Great series!
@ylein6508
@ylein6508 Жыл бұрын
I love CNA insider. So informative and easy to understand. Too bad not in other languages lol. The older generation probably still have misconceptions about the point of reserves
@jeslyny9692
@jeslyny9692 11 ай бұрын
Very good writing and is understandable and educational. We should start educating our public that we should plan for rainy days and not just talk about reserves and spending it,.These people mentality got problem it is alway "give me more,give me more" and extremely selfish. We should put our country first not own self first. Please start educating children at a young age about loving our own country first then love yourself
@KenWorkProduction
@KenWorkProduction 8 ай бұрын
I know a lot more of SG policies than my own country at this point. Amazing content.
@adam-hc8ub
@adam-hc8ub Жыл бұрын
tumps up to Singapore for providing for its people like no other gov sustainably and to the production team for making the world jealous at Singaporian
@judymckee5992
@judymckee5992 Жыл бұрын
All good decisions come from integrity, if it is corrupt it becomes self interest and go rogue!
@franciscody9622
@franciscody9622 Жыл бұрын
Cannot judge integrity without openness and transparency.
@judymckee5992
@judymckee5992 Жыл бұрын
@@franciscody9622, Are u kidding me? Do the govt of Singapore lay everything down for every nation to see? Have u lived in Norway?
Kids' Guide to Fire Safety: Essential Lessons #shorts
00:34
Fabiosa Animated
Рет қаралды 10 МЛН
小天使太有爱心了#天使#小丑#家庭#搞笑
00:32
家庭搞笑日记
Рет қаралды 25 МЛН
Joker, what is this doing?!#joker #shorts
00:31
Untitled Joker
Рет қаралды 9 МЛН
哈莉奎因以为小丑不爱她了#joker #cosplay #Harriet Quinn
00:22
佐助与鸣人
Рет қаралды 10 МЛН
Mohammad bin Salman: Prince With Two Faces
54:00
Show Me the World
Рет қаралды 2,4 МЛН
Gold Mafia - Episode 1 - The Laundry Service I Al Jazeera Investigations
51:32
Al Jazeera English
Рет қаралды 6 МЛН
The INSANE Truth About IKEA
31:03
MagnatesMedia
Рет қаралды 1,4 МЛН
Inside The Most Expensive Neighborhoods of Singapore | Insider Business
10:55
Business Insider
Рет қаралды 1,5 МЛН
How the Most Elite Spy Agency Operates
22:42
Newsthink
Рет қаралды 589 М.
Principles for Dealing with the Changing World Order by Ray Dalio
43:43
Principles by Ray Dalio
Рет қаралды 52 МЛН
Kids' Guide to Fire Safety: Essential Lessons #shorts
00:34
Fabiosa Animated
Рет қаралды 10 МЛН