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

CNA Insider August 16, 2023
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Video Description

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: https://youtu.be/VNR2Jle6NWQ 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! https://cna.asia/insideryoutubesub Follow CNA INSIDER on: Instagram: https://www.instagram.com/cnainsider/ Facebook: https://www.facebook.com/cnainsider/ Website: https://cna.asia/cnainsider

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