Singapore sanctions Russia over 'unprovoked attack' on Ukraine

[jhungary]

I am not getting you in this post.

Singapore's financial centre will emerge as big winner of a draconian Chinese law

Singapore was the world's 5th largest financial centre in 2020, but analysts think Singapore could boost its global standing if firms leave Hong Kong.

www.businessinsider.com.au

You disagree with this source?

I noticed your debate in this thread spiraling out of control and you requested my intervention. I am trying to help you out here.

Listen - you cannot settle an argument with every person on every single day on a forum and in real life (unrealistic). I cannot either. When another member posts a link while addressing your post - it should be checked and respected. You may disagree with provided information and counter it with evidence on your hand. This is how it works.

If it does not works - no problem. You conveyed your point and you may move on.

Therefore, relax.

I requested your help because they start calling me "Crown" I otherwise have no problem with them if name is not being thrown around.

It's not that I disagree the article I put out, I don't really believe any article that say anything, as my original point of contention is that "Article and Ranking" were made to sway people from investing in a market, which make them not dependable. That is my original argument. I mean, if they want to listen to it, that's up to them, but as for me, I don't believe in any of it.

But then I have to put up an article, that I don't believe in, to show my point is valid. Do you see the irony there??

 

[LeGenD]

I requested your help because they start calling me "Crown" I otherwise have no problem with them if name is not being thrown around.

It's not that I disagree the article I put out, I don't really believe any article that say anything, as my original point of contention is that "Article and Ranking" were made to sway people from investing in a market, which make them not dependable. That is my original argument. I mean, if they want to listen to it, that's up to them, but as for me, I don't believe in any of it.

But then I have to put up an article, that I don't believe in, to show my point is valid. Do you see the irony there??

Fair.

It is perfectly OK to support your argument with a source in a forum even if you know better than others in person. This is good practice.

 

[Mista]

As financial centers, HK and Singapore has different strengths in the first place. HK is far ahead in equities, while SG is slightly ahead in forex/commodities/bonds.

Wave of consolidation in the EU telecoms market

The latest ruling by the EU General Court to overturn the EU Commission decision to block a merger deal between O2 and Three could see telecoms operators resuming their consolidations plans. Learn more about industry trends in the EU.

www.eiu.com

Leading in wealth- and asset-management​

Singapore has advantages over Hong Kong in some areas of financial services. For example, it is the third-largest foreign-exchange market in the world, after the US and the UK, and is likely to maintain its position. The bond market in Singapore also remains bigger than that in Hong Kong. As Singapore borders the Straits of Malacca, the main shipping lane between the Indian Ocean and the Pacific Ocean, it has become an ideal commodity trading hub. It is the world’s biggest trading centre for iron ore contracts and also clears many of those for crude oil.

...

Hong Kong has unique advantages​

As well as accounting scandals in Singapore, Hong Kong also holds some unique advantages. The local equity market is much broader and deeper than that of Singapore, and it has been the prime choice for large mainland Chinese businesses looking to list offshore. In contrast, SGX has suffered delistings recently, as market participants are becoming frustrated with illiquidity and poor fundraising prospects. A widening gap between exchanges has prompted an index provider, MSCI, to license its derivatives to the Hong Kong Stock Exchange (HKEX) instead of the SGX, which further weakens the latter’s offerings on derivatives.

Hong Kong’s privileged ties with the mainland market have generated years of experience in mediating direct investment, both from foreign firms into the mainland and from mainland-based companies investing globally. We expect Hong Kong to continue to leverage both this experience and preferential policy schemes, such as the Greater Bay Area, to continue to perform this function. A strong cluster effect will also help to encourage investors to stay.

Niche victories for Singapore​

To sum up, Singapore will be able to attract some finance businesses from Hong Kong, given its stable policy settings and pro‑business environment. Singapore will maintain its prime position in commodity trading and foreign-exchange clearings and will become more attractive to asset- and wealth-management businesses. Fintech will present the next opportunity for the city state to exercise dominance. Also, functions within companies that are negatively affected by the national security law in Hong Kong will regard Singapore as a prime choice for relocation.

However, Singapore stands little chance of catching up with Hong Kong in the securities sector or in wooing Chinese businesses looking to list. The administration will walk a fine line between over-regulation and ignoring the increasing number of accounting frauds, and its stance will pose questions of Singapore’s reputation as a leading financial centre.

 

[jhungary]

Fair.

It is perfectly OK to support your argument with a source in a forum even if you know better than others in person. This is good practice.

I am not saying I know better, I am saying I don't trust anything unless I see it myself and interpret it myself.

Anyway, let's just move on...

 

[Viet]

No, it isn't. You know why Hong Kong is and always will be the world's premier financial hub? Because of its geographic and legal proximity to China.

Where you choose to invest doesn't determine whether or not Hong Kong in the financial hub.

Yes because HK serves as bridge to the mainland however that no longer the case.

Today if people want to invest they can invest direct in China they don’t need HKers as brokers.

 

[beijingwalker]

Yes because HK serves as bridge to the mainland however that no longer the case.

Today if people want to invest they can invest direct in China they don’t need HKers as brokers.

HK is still a safe bet, it has its own currency which is backed by tons of foreign reserve

 

[SabzShaheen]

The reason Singapore give sanction is due to reason this city state has been worried for quite long that some day its bigger neighbor will invade the island. I dont talk about Malaysia since Malaysia is the country who wants to separate from Singapore in order to make the Malay ethnic has more say and power within Malaysia.

Singapore hopes similar sanctions by the West will happen if the invasion to the island does happen in the future. In other word, if you want the West help you during your difficult time, you need to help the West during their difficult time. This is the logic behind it.

And who presently is interested in invading Singapore?

 

[Indos]

And who presently is interested in invading Singapore?

The problem is not on the neighbor, but Singapore itself that has the worried. I dont think Indonesia has any interest in invading Singapore, despite Soekarno in the past did bomb Singapore 50 times with impunity and also he tried to invade Malaysia. That memory that become the source of worried where in the future Indonesia could have another leader like Soekarno who wanted to invade Malaya (Malaysia and Singapore) or Soeharto that has successfully invaded East Timor.

 

[Indos]

If we see Soekarno behavior in the past, he is not afraid on economic downturn and keep fighting Britain/Australia/Malaya/New Zealand in Serawak Malaysia and Indonesian aggression is only stopped after Soeharto took the power in 1966 ( defacto) and 1967 (dejure).

Just see Indonesian inflation during Soekarno period, he just dont care on the economy and could be Putin act like that as well.

 

[IblinI]

I think I know my Hong Kong History

You are Chinese?

 

[Mista]

And who presently is interested in invading Singapore?

Not just invade. Our neighbors can do a naval blockade (which is unlikely because of disrupting global trade), or cut off our water supplies which Malaysia in the past threatened many times. We have good relationship now.

Lee Kuan Yew knew that these treaties would be worthless if Singapore was not prepared to protect its assets. Lee founded the Singaporean military explicitly to protect access to water : a point he made to Malaysia’s future leader, Mahathir Mohamad, and an account he recounted in his memoirs.

He [Mahathir] was direct and asked what we were building the SAF [Singapore Armed Forces] for. I replied equally directly that we feared that at some time or other there could be a random act of madness like cutting off our water supplies, which they [the Malaysians] had publicly threatened whenever there were differences between us … In [the Separation] agreement, the Malaysian government had guaranteed our water supply. If this was breached, we would go to the UN Security Council. If water shortage became urgent, in an emergency, we would have to go in, forcibly if need be, to repair damaged pipes and machinery and restore the water flow. I was putting my cards on the table. He denied that any such precipitate action would happen. I said I believed that he would not do this, but we had to be prepared for all contingencies.

The Singapore Water Story: Sustainable Development in an Urban City-State - Third World Centre for Water Management

Cecilia Tortajada, Yugal Kishore Joshi and Asit K. Biswas, Routledge, London, 2013, 288 pages.… Read More

thirdworldcentre.org

NOT LONG AFTER his appointment as Chief of the Malaysian Armed Forces, General Tan Sri Hashim `Freddie' Mohammad Ali had occasion to pay a courtesy call on the then Singapore Prime Minister Lee Kuan Yew. Immediately, the soldier was tossed a hypothetical, and provocative, curveball. Hashim recollects Lee's remarks: `General, if Pas (opposition party chance, and tries to meddle with the water in Johor Bahru, I'll move my troops in. I will not wait for the Security Council to solve this little problem.'

An officer and a gentleman | KLiK

www.klik.com.my

Muhyiddin said Dr Mahathir had summoned him to attend a meeting in Kuala Lumpur with then visiting Singapore Prime Minister Lee Kuan Yew over gas pipeline and water supply issues.
He said during the meeting between Dr Mahathir, the then finance minister Tun Daim Zainuddin, Lee and him, Lee had pressed for adequate water supply to the republic from Johor.
"Lee said Singapore was ready to go to war if Malaysia did not want to supply enough water and expressed his regret over the stalled water supply project from Sungai Lingu.
"I said we did not have the money and Lee said Singapore was willing to bear the cost and when completed, the assets will be owned by Malaysia, so Singapore had merely footed the bill," said Muhyiddin.

Muhyiddin: Singapore threatened war if not given water - Malaysia Today

Malaysia Today talked about the greatest land scam in Malaysian history and Muhyiddin talks about Singapore threatening to go to war with Malaysia over the supply of water (Bernama) – Deputy Prime Minister Tan Sri Muhyiddin Yassin yesterday regretted opposition claims that he had sold a piece of...

www.malaysia-today.net

 

[jhungary]

You are Chinese?

half

 

[kuge]

First of all, as I said, I dont believe in ranking, I gather my own intelligence to invest.

But if you are into "ranking and article" here are one

Singapore's financial centre will emerge as big winner of a draconian Chinese law

Singapore was the world's 5th largest financial centre in 2020, but analysts think Singapore could boost its global standing if firms leave Hong Kong.

www.businessinsider.com.au

A lot of those article is biased, that's why I don't believe in ANY OF THOSE.

But hey, if it make you sleep better......

then you should add a disclaimer like the above statement is poster's own analysis. Believe at your own risk.

Everyone is happy & save bandwidth...

 

[jhungary]

then you should add a disclaimer like the above statement is poster's own analysis. Believe at your own risk.

Everyone is happy & save bandwidth...

So, are you saying this "forum" is an list of "official" information on anything?

Also, as I ALREADY had done, there are "Professional" Article that said otherwise, so should they also put up "Disclaimer"??

 

[kuge]

So, are you saying this "forum" is an list of "official" information on anything?

Also, as I ALREADY had done, there are "Professional" Article that said otherwise, so should they also put up "Disclaimer"??

where official sources are cited then they are official.
some have disclaimers especially articles of personal analysis....
anyway just my suggestion to you to add disclaimer to save bandwidth