GIC S$1 Trillion dollars?? Includes Temasek or not??

lifeafter41

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temasek has nothing to do with Singapore other than its registered here. it is a pte ltd company, unless one of the director is "singapore", its got moot to do with us.

yes, mass media has been introducing it as "temasek, a Singapore investment company", that is the same as "Ah Kow pte ltd, a Singapore investment company". its another word play that's all.


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This is something new.
 

Llfeisgood

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$744,000,000,000 tat is how much GIC has. if divided by 5.5m which is roughly the population of Singapore, each person will have $135,272.72.

That is just an insane amount of money, and could help so much less fortunate people.
Less fortunate ppl will spend on frivolous things and then ask tolong tolong.
 

iPod Jack

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$1 trillion = $1000 billion dollars = $1000 000 million

to put things in perspective, our last covid bailout of 2020 is $100 billion

1 US aircraft carrier + its airgroup cost $15 billion

1 F35A stealth fighter costs $100 million

1 SG ministar annual salary = $1.5 million (a bargain liao)
 

paranoidspy

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$744,000,000,000 tat is how much GIC has. if divided by 5.5m which is roughly the population of Singapore, each person will have $135,272.72.

That is just an insane amount of money, and could help so much less fortunate people.
only can buy 2 coes for cars..not alot
 

tokong

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$744,000,000,000 tat is how much GIC has. if divided by 5.5m which is roughly the population of Singapore, each person will have $135,272.72.

That is just an insane amount of money, and could help so much less fortunate people.

744 billion is just GIC.

We haven't counted in Temasek yet.

You go figure. All other zhapalang hedge funds can fight? Obviously not.
 

TanukiKoji

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temasek has nothing to do with Singapore other than its registered here. it is a pte ltd company, unless one of the director is "singapore", its got moot to do with us.

yes, mass media has been introducing it as "temasek, a Singapore investment company", that is the same as "Ah Kow pte ltd, a Singapore investment company". its another word play that's all.


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:frown: Too profound for me. Both entities are known to be Sovereign wealth fund. In law, they are known as Legal Person. You & me as Natural Person.
 

focus1974

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what's the point to keep saving so much money if life for sinkies don't improve as well.

it is like government keep saving and saving and scared to spend .

who gives a **** abt sinkies.

It's the shiokness of walking got wind because you got nearly 1 trillion to buy things.. and people will por ur nehneh and ******. while u still draw millions of dollars of salary and living the high life.

now .. u were saying ...what ? life of who?
 
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