Singapore Is That Good

Singapore vs Dubai:

If cost isn’t an issue I’d go with Switzerland though I think it’s neigh impossible to get permanent residence unless you have a Swiss parent or at least a passport from an EU member state.

American investors are suddenly interested in Singapore-based companies like SE and GRAB.

Disclosure: As a Singaporean, didn’t own GRAB :yum: own some SE :slight_smile:

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I am sure after the election, a TON of americans are thinking not only about investing elsewhere but moving there.

I have tons of friends who now think I was smart to get my mm2h especially when it was cheap and easy to get.

In 1965, Singapore was forced out of Malaysia.

And yet this is coming online soon to transform the whole region…

However, Singapore is closely tied to China — especially in business. This is especially true in the tech sector, where many Chinese companies have set up key offices on the island. For example, TikTok, which Chinese tech giant ByteDance owns, has its headquarters in the country, and its CEO is also Singaporean. Despite that, the country also considers the U.S. to be a key strategic partner, both in trade and politics, with the two countries’ militaries even allowed to use each other’s facilities on the island and in Guam.

This is how media influences people’s thinking. Use words (qualitative) instead of numbers (quantitative). There are much more US regional HQs than Chinese ones in Singapore.

As expected the smugglers are American companies, not Singaporean companies.

That report was followed by news that Singapore is probing Nvidia’s customers Dell (DELL) and Super Micro Computer (SMCI) — companies that make servers using the chipmaker’s Blackwell GPUs (graphics processing units) — for potentially violating US export restrictions in shipping servers that may contain Nvidia chips from Singapore to Malaysia. Malaysia is reportedly a throughpoint of chip smuggling to China.

Dell is an American company HQ in Round Rock, Texas.
SMCI is an American company HQ in San Jose, CA.

Trump tariffs live updates: Trump reveals ‘Liberation Day’ tariffs across over 150 countries

Table indicates Singapore has import tariffs of 10%??? AFAIK, except for unhealthy goods like tobacco, no import tariffs. Singapore does have a 9% GST (good & services tax) on all goods & services consumed (including imports) in Singapore paid by Singaporeans. AFAIK, WH considered GST as an import tariff although it is similar to sales tax in USA. WH is ignoring that many nations are not organized as federal and state/local governments, and so long federal didn’t charge a sale tax (except for five States, other States have sale tax) it can claim GST as import tariffs. Wtf!

Other countries have VAT’s of over 20%.
Edited to sway - Vietnam go hit hard. That’s kind of too bad. Even though they heavily tax US imports they are offering China stiff competition as a manufacturing base so weakening Vietnam could strengthen China.

Singapore has a trade deficit with US (i.e. US has a trade surplus with Singapore) and is a duty-free port, so is silly to do retaliatory tariff, the only sensible option is to help companies…

… look for alternative markets
… seek new areas of growth through digital economy or green economy agreements, and provide support for training, innovation, as well as research and development.

Singaporean politician’s honest view on Singapore

https://x.com/WeekendInvestng/status/1908433421195522230

Thinking Aloud: Should I fly back to Singapore?

With the collapse of WTO and MFN, what should we do?

Singapore tries to be neutral but many know Singapore is actually Pro-US. But with this tariff, Singapore is regretting its strategy. Xi Jinping visited Cambodia, Vietnam and Malaysia, bypassing Singapore. Recent Chinese regional HQs (e.g Xiaomi, Shein) are set up in Malaysia, not in Singapore. Malaysians speak far better Mandarin than Singaporeans, in fact, most Malaysians speak more languages (English, Mandarin, Malay, Tamil, Chinese Dialects) than Singaporeans. Truth be told, most Singaporeans can’t speak Mandarin. Malaysia is a better place for Chinese manufacturers from cost of labor, availability of cheap land, and human2human communication perspective.

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Like I said, tariffs or no tariffs, Malaysia was bound to rise. Why? Because everywhere I have bought property it has gone up. Fortunately, I got out of Oakland at the top. Yes, Malaysia’s govt has to stay stable for prosperity to have a chance.

Thinking out of the box opposition.

Talk about how Singaporeans can prepare for AI & robotics and USD irresponsibility.

Singapore :+1:

Japan better start popping out babies or it will become an extinct country!!!