Singapore in the next 50 years

[Truthspeak]

This will be the new anthem:

The ultimate goal to vaccination is to ensure all sheeple can be mind controlled by AI so that all sheeple will just comply to everything

 

[50000]

they will build more and more walls to block the rising sea levels. eventually the old HDB flats will become the foundation pillars for a upper Singapore which will cover the entire of the current island. families that are 3rd generation born and bred will be forced to live in the under city devoid of natural sunlight and fresh air and the new citizens will be living in the upper city

 

[k1976]

https://www.pymnts.com/news/security-and-risk/2025/singapore-considers-caning-as-scams-jump-70/


Jiak Liao Bee too long??

Singapore Considers Caning as Scams Jump 70%​

BY PYMNTSMAY 26, 2025

How bad has Singapore’s scamming problem gotten? Authorities are considering corporal punishment for offenders.

“We believe in caning as a strong deterrent,” Loretta Yuen, chair of the fraud committee at the Association of Banks in Singapore, said in an interview with the Financial Times (FT) Sunday (May 26). “It’s a deterrent, but there is also a sense of revenge to it.”

In the last two years, that report said, people in Singapore have been among the biggest scam victims on the planet. In 2023, they lost the most money of any nation, at $4,031 each. That figure dropped last year, though the number of scams reported to police climbed 10%.

Singaporeans lost a total of $1.1 billion (in the nation’s currency) last year, a 70% increase per law enforcement estimates. However, the true figure could be higher, according to the Global Anti-Scam Alliance, which calculates that more than two-thirds of Singaporean scam victims did not report their experience.

While this is only a fraction of the $1 trillion scammers take in each year, Singaporeans — who tend to be rich, digitally advanced and willing to comply with requests — are especially vulnerable, the report said.

“They are rich and naive,” an asset recovery professional told the FT.

 

[glockman]

they will build more and more walls to block the rising sea levels. eventually the old HDB flats will become the foundation pillars for a upper Singapore which will cover the entire of the current island. families that are 3rd generation born and bred will be forced to live in the under city devoid of natural sunlight and fresh air and the new citizens will be living in the upper city

Including this one

 

[k1976]

Grand Plan for SG90?

 

[k1976]

The ultra-rich are increasingly parking their gold in Singapore as global risks and Trump volatility mount​

PUBLISHED MON, MAY 26 2025 9:12 PM EDTUPDATED TUE, MAY 27 2025 4:01 AM EDT

Lee Ying Shan@LEEYINGSHAN@IN/YING-SHAN-LEE
WATCH LIVE

KEY POINTS

• The ultra-wealthy are increasingly moving their gold to Singapore.
• A growing sense of unease is driving the surge.
• Wealthy investors are also opting for physical gold bars instead of paper for several reasons.

"The idea of putting physical metal in a safe jurisdiction like Singapore with parties they can trust is becoming a big trend nowadays," says Gregor Gregersen, founder of The Reserve.

Alessia Pierdomenico | Bloomberg | Getty Images


The ultra-wealthy are increasingly moving their gold offshore as economic and geopolitical uncertainty roils markets — and Singapore is emerging as a favored destination.

Not far from the city-state's airport sits a six-story facility covered in onyx and fortified by tight security. Tucked behind its steel doors are gold and silver bars amounting to about $1.5 billion.

Known as "The Reserve," the storage facility features scores of private vaults and a towering storage chamber lined with thousands of safe deposit boxes reaching three stories high.

From the start of the year to April, the precious metals repository has received an 88% increase in orders to store gold and silver in the vault from the same period in 2024, said its founder, Gregor Gregersen.

The Reserve, which also sells gold and silver bars, saw sales for precious metals bars skyrocket 200% year on year in that time, data provided by The Reserve showed.

 

[k1976]

"A lot of very high net worth clients are looking at tariffs, looking at the world changing, looking at the potential of geopolitical instabilities," Gregersen told CNBC.

"The idea of putting physical metal in a safe jurisdiction like Singapore with parties they can trust is becoming a big trend nowadays," he said, adding that 90% of the new orders are coming from outside of Singapore.

Not far from Singapore's airport sits a six-story facility called The Reserve. Tucked behind its steel doors are gold and silver bars amounting to about $1.5 billion.
The Reserve
The rise of gold has been meteoric in recent months, with bullion prices notching consecutive record highs. That was fueled in part by its safe haven appeal in the face of the volatility brought about by U.S.-China trade tensions and a mass U.S. asset sell-off in April.

Though gold prices recently cooled after investors' risk appetites improved following a thaw in trade tensions between the two economic superpowers, some market watchers still believe they could climb to as high as $5,000 per ounce next year. Spot gold prices are currently trading at $3,346.32 per ounce, near historic levels.

 

[k1976]

Physical bars versus paper​

The wealthy are also increasingly opting for physical gold bars instead of paper because they do not want as much counterparty and geopolitical risks, Gregersen said. While storing and owning physical gold isn't completely free of price exposure, it limits exposure to certain risks that paper gold carries.

For example, counterparty risks are lower if one owns the asset directly. The Silicon Valley Bank crisis that unfolded in 2023 fueled investors' preference for physically owning or securely allocating specific gold bars, instead of relying on paper claims or owning just a stake in a pooled reserve — which could be put at risk if a bank collapses, said Nicky Shiels, head of research and metals strategy at MKS Pamp, a precious metals refining and trading firm.