National Reserves

Leong Mun Wai asks if HDB pricing be affected by SG Govt’s reserve accounting policy

SINGAPORE — Non-constituency Member of Parliament, Leong Mun Wai has asked if the pricing of Built-To-Order (BTO) flats by the…

15-yr-old writes that Singapore has to rebuild its reserves to “what past generations left us” when reserves have vastly grown over the years

A 15-year-old student wrote to the Straits Times forum earlier this week, stating that he agrees with the criticism by Senior Minister…

Jamus Lim explains why WP’s position on reserves is not equivalent to ‘leaving debts for future generations’

SINGAPORE — Member of Parliament Associate Professor Jamus Lim recently wrote to the forum on local Chinese media, Lianhe Zaobao, to explain…

Singapore state land while finite can be resold again for revenue after lease expires

Yesterday (22 Nov 2022), TOC wrote that Singapore achieves an average surplus of S$28.5b annually from 2010 to 2019 if one were…

Lee Hsien Yang: Singapore runs massive budget surplus every year and its calculation does not conform to IMF standards

Commenting on Mr Yeoh Lam Keong’s Facebook page, Mr Lee Hsien Yang, former CEO of Singtel shared a dated post of his,…

No net increase in Singapore’s Past Reserves, even if land sold at market value, was bought at 30 cents per square ft in 1979?

SINGAPORE — Former GIC Chief-economist Yeoh Lam Keong and The Online Citizen Asia (TOC) were served with POFMA Correction Directions notice on…

Jamus Lim tells MP Saktiandi Supaat who wants to keep reserves secret: All exchange rate policy is monetary policy

On Wed (24 Feb), NCMP Hazel Poa from the Progress Singapore Party (PSP) asked in Parliament for more transparency on…