Originally posted by zulkifli mahmood:
“We want GIC to invest more in Singapore not outside
of Singapore..
http://www.gic.com.sg/ “
Originally posted by sgdiehard:
“we then buy houses in Johore and Philippines? ...lols”
Originally posted by zulkifli mahmood:
“ask them that they are doing that overseas…we just follow their
footsteps…lols”
Originally posted by sgdiehard:
“GIC and Temasek is our money, to be used for investment to make
more money. I don’t care where they make it. When they make money,
spend in Singapore for better infra structures, subsidies in
education, defence….You can follow them to invest overseas, that is
your money, but buy properties in Malaysia and Philippines, good
luck.”
Originally posted by zulkifli mahmood:
“TEMASEK HOLDINGS INVESTMENT IN ISKANDAR, JOHORE,
MALAYSIA…..BIG MISTAKE you mean?”
Originally posted by sgdiehard:
“if it is not a mistake why are you asking the government to invest
in Singapore and not overseas? I never say you cannot invest, just
wish you good luck.Temasek have lost millions but made back in the
next few deals. Small time investors can follow, just lose your
pants, or sarong. I never say you cannot invest, just wish you good
luck.”
You are also saying good luck to the Singapore Government too
not only to Singaporean investors or buyers in Malaysia property
market there. Is it because personally you have no confidence in
Iskandar, Johore? As you said…its Singapore people money…if you are
not concern its up to you…but most Singaporeans would be concern
where the Singapore government spend their money….how much they
loss and how much they profited in overseas investments. We would
not know the truth unless there is a new Singapore government that
take over Singapore administration….when that happens maybe some
politicians will run hard and far far from Singapore..
I said they should invest more in Singapore than overseas
market…to create more jobs for Singaporeans rather than hoping for
foreign companies and local SMEs to do that job for them. It looks
like they washed their hands and let the private sectors to do most
of the job creation for them. The Singapore government seems to
have no confidence to invest more in Singapore market
themselves.
are there no enough business opportunities in Singapore for the
local SMEs? We certainly don't need big government GIC to
monopolize in all sectors of the industries. NTUC when becomes too
big, involved even in selling coffin, that is no good for
Singaporean.
If Singapore remains a good market, why do you say that the
government is washing hands, off what?
GIC money should be used to make more money. GIC do not have the
expertise to grow in all sectors in Singapore. So far so good, why
do you think foreign MNC have confidence in Singapore? financial
sectors have grown, service sectors have maintained well,
manufacturing have been restructured to do high value added
products...what are the sectors do you think Singapore should be
doing? Singapore is not the best, and it can't be doing everything
right. But what should it be doing? I think the government want to
know, the EDB wants to know....