The Super Rich Are Choosing Singapore as the World’s Safest Haven

 Money is sloshing around Singapore like never before. Family offices, Bentley sales and real estate prices are booming.

For rich people “who can decide where they want to live and settle down, Singapore is a place of choice now,” said Stephan Repkow, who founded Wealth Management Alliance in 2015 after four years at Union Bancaire Privee. He said two of his foreign clients had become residents in the past 12 months and more are on the way.

Singapore has long been a draw for wealthy Chinese, Indonesians and Malaysians who would come for short trips to shop, play baccarat at the casino or get medical check-ups at world-class clinics. Mount Elizabeth Hospital Orchard, just steps from the flagship stores of Gucci and Rolex, features a UOB Privilege Banking Centre in the lobby.

The pandemic has changed all that, prompting many tycoons and their families to stay for months, in some cases seeking residency to ride out the storm. On a per capita basis, the mortality rates in Malaysia and Indonesia are more than 10 and 30 times higher than in Singapore, according to data collected by Johns Hopkins University.

The number of single family offices in the city-state has doubled since the end of 2019 to about 400, including firms recently set up by Google co-founder Sergey Brin and Shu Ping, the billionaire behind Chinese hotpot empire Haidilao International Holding Ltd. Demand for private golf club memberships is soaring, real estate prices have jumped the most since 2018 and until the recent clampdown, Michelin-star restaurants were packed. Global banks like UBS Group AG meanwhile are expanding in the city to manage the massive influx of assets.

Seletar Aiport, the hub for private jets, has seen demand for hangar space soar during the pandemic, said Alan Chan, head of business development at the 67 Pall Mall wine club, who until November was an executive at Go-Jets.

One private jet pilot who declined to be identified said it’s still extremely difficult to snare a spot. While the recent strict travel rules have extended to people with their own aircraft, he added that most expect them to ease in line with commercial flights after a few weeks.

Singapore doesn’t divulge many details on its super-rich migrant residents, but private bankers, multi-family offices and other service providers say the new arrivals are helping their businesses, in a city famous as the setting for the “Crazy Rich Asians” film.

Harish Bahl, founder of Smile Group, a family office that focuses on tech investment, said he’s never met this many super rich in the city. He’s been working in the tech space for more than two decades.

“Since the pandemic, billionaires from all over the world have been staying on longer in Singapore, including those from China, Indonesia, India and the U.S.,” he said, citing incentives for setting up family offices.

All this visible display of wealth can cause resentment, according to Toby Carroll, who lectures on political economy at the City University of Hong Kong and previously worked at the National University of Singapore.

“The negative impact for the majority of people facing increased costs of living—including of housing—declining social mobility and rising inequality bodes poorly for social cohesion,” he said in an email. “The link between rising inequality and social instability is very real.” 

 

 Anonymous

Covid19 - Confirm, it is a lab leak...from Fort Detrick Lab

 ‘We don’t know’: Months after ruling out lab leak as origin of Covid-19, US intel agencies say it’s one of two ‘likely scenarios’

After previously declaring that Covid-19 started naturally, the clearinghouse for US intelligence agencies said the virus may have escaped from a lab – echoing the Trump-era theory that was squashed by social and mainstream media.RT

 

Yes, the virus leaked from the Lab...in Fort Detrick.  This is why the Americans are cock sure that it was a lab leak. But instead of owning up, they tried desperately, with fabricated lies and no evidence, to point the finger at China's Wuhan Lab.  It is a simply and silly trick that the Americans are infamous for.  Create a false flag incident and blamed it on the victim.

 

And the silly and arrogant evil Americans still think the world would believe in their white lies. After the Xinjiang genocide lies hit a blank wall when the whole world totally refused to believe in them, now they came out with this new lie, lab leak from Wuhan.

 

They are making full use of the US$300m budget to good use, to create slanders and lies to demonise China by using the full force of western media and intelligence services to manufacture white lies and hoping the rest of the world would be taken in, like WMD in Iraq.

 

Stop belittling and insult the intelligence of the people of the world.  Your repeated silly white lies are just  that, silly white lies.  Do not expect the world to believe in silly white men and their notorious and mischievous white lies.

 

The lab leak is from Fort Detrick Lab in the USA! The Americans had conducted their own investigation after closing down Fort Detrick and are using the same evidence to frame China, with the details transplanted into Wuhan Lab, as the new alternate truth.  They used every information from Fort Detrick, just changed the name to Wuhan Lab, and bingo, an investigative report to confirm it is lab leak.  And all the western media are paid to sing the same narrative and those brainless racist warmongers in Washington are happily jumping into this evil circus of political clowns. 

What else is new from the fumbling and desperate evil Americans?

PS. More than 100 countries, including China, have signed an agreement proposed by the EU to investigate the source of Covid19. Why the US refused to sign? Afraid that the investigation will go to Fort Detrick to dig out the truth?

WHO Has Approved Chinese Vaccines, Why Singapore Still So Indifferent?

 

"The World Health Organization has approved the emergency use of a COVID-19 jab made by Sinovac, paving the way for a second vaccine produced in China to be distributed among developing countries.

The UN Health Agency gave the green light to the two-shot vaccine on Tuesday as the jab “meets international standards for safety, efficacy and manufacturing.” ~ a statement read.

“It’s now crucial to get these lifesaving tools to the people that need them quickly,” the WHO Chief said."

The WHO’s approval gives countries worldwide the blanket blank cheque to quickly approve and import the Chinese vaccines for use to protect and save their citizens, especially those who do not trust the US-monopolised Western vaccines that deviated from the tested and tried original method of producing vaccines, such as Pfizer and Moderna.

The longer term negative side-effects for the Pfizer and Moderna vaccines are still unknown, but can be envisaged.

Now that the super infectious and more deadly B1617.2 variant from India has already spread to at least found in 53 countries, why is Singapore still so indifferent and senseless in not approving them.

Even if the Chinese vaccines have been approved by the Singapore Health Authority (because it is untenable and pure stupidity not to do so), the Singapore leaders have deliberately put in restrictions, saying that they may only be distributed to private clinics and doctors, without government subsidies, and not freely as in the present cases for Pfizer and Moderna vaccines.

Why must Singapore leaders display such a clear bias against the vaccines produced in China?

Why must the older citizens/voters who believe in the Chinese vaccines, instead of Pfizer and Moderna, be treated so badly/differently?


Queen of Hearts.

The world is woke to Western posturing and global white privilege

The West’s disingenuous position on Israel and its coordinated attacks on China have blown the cover of the liberal narratives it uses to hide a postcolonial, imperialist agenda

Its hypocrisy has been further exposed by its hoarding of coronavirus vaccines and the systemic racism that prompted the Black Lives Matter protests and fuelled attacks on people of Asian descent.

A tipping point has been reached, even if it has hardly been discussed within societies and by political leaders. Across the non-Western world, there is growing awareness and rejection of the hypocrisy, insincerity and insecurity embedded in the Western world with regard to its relations with the global majority.

Western narratives and propaganda took hold across the world over the last 200 years as a result of colonisation and imperialism. Mind capture was a necessary tool of oppression to subjugate people. And despite decolonisation, mental colonisation became the new frontier and remains a key strategy of postcolonial imperialism. Citizens of former colonies remained receptive to Western ideas, having been indoctrinated for so long, and this influence is still actively cultivated via Western soft power as well as through Western education and its global media.

Today, much of the Western world retains the mentality that their nations and “white people” are superior, with the singular goal of retaining global economic dominance. This, even though the rest of the world is acutely aware of the dangers of extreme forms of “White People First” as manifested in Donald Trump and his tumultuous presidency. Yet we still see efforts to actively preserve white privilege, which goes well beyond egregious acts of racism against people of colour. 

Anonymous

No American military bases are allowed in any of the ASEAN countries. ASEAN must be firm on this.

     No American military base or bases are allowed in any of the ASEAN countries. The Same goes for its Western allies like England, France, Holland,  Germany, Australia and Japan.

Should the United States try to use strong armed tactics to coerce or force any ASEAN country to accede to its demand to build a military base in either Medan,Penang. Port Klang, Singapore or Johore Bahru then all ASEAN countries must speak with one voice and vehemently object and protest against the US evil design. Then regular mass public protests and demonstrations must be organized and staged in all ASEAN towns and cities by all political parties , workers, labour unions, civil servants, intellectuals and professionals against the US plot to make use of ASEAN countries as  pawns and proxies as front line suicide squads in its illogical confrontation against Russia, China, Iran and DPRK . A US military base in any one of the ASEAN countries is a threat  to one and all ASEAN countries as they are very close to each other in proximity especially, Malaysia, Indonesia, Singapore, Brunei and Thailand. 

In its uncalled for confrontation against China, Russia, Iran and North Korea the evil Americans are playing with fire. If its starts a war with China or North Korea or Russia it may end up with fierce nuclear exchange. Under this scenario any US military base in any ASEAN country will be a willing target for a Russian, North Korean or a Chinese nuclear attack. If the Americans want to die let them go and die themselves. They have no right to  drag any of the ASEAN countries into its confrontation or war against China, Russia or North Korea. By the way the Evil Empire has yet to vacate the Diego Garcia Islands in the Indian Ocean which they illegally occupied and set up a huge US military base in 1967, and to hand back the islands to the original owners, the native Diego Garcians as demanded by the United Nations general assembly in 2018. The Americans also have to pay a few billion dollars as compensations to the about ten thousand Diego Garcians who were illegally and wantonly displaced and dispossessed forcefully by the US military in cahoot with the British imperialist and colonialist in the mid 1960s.

The presidents of Indonesia, Malaysia, Thailand, Myanmar, Cambodia, Loas, Singapore, Brunei, Vietnam and the Philippines must henceforth warn the Americans in no uncertain terms to stop its diabolical plots in trying to  use an ASEAN country as a military base in its dangerous confrontation against its self created foes in China, Russia, Iran and DPRK.

No self-esteemed country in the world should allow the United States to make use of it in compliciity with the Evil Empire's perennial intent to bring the whole world under its total toxic control, domination and hegemony. 

The evil Anglo-Saxon white Americans  have nothing better to do then to look for fights and plan for wars to attack other non-white countries day in and day out throughout the years. The satanic United States is now leading  its Five Eyes Anglo-Saxon allies England, Canada, Australia and New Zealand as well as all other white European countries of France, Germany, Holland, Belgium, Spain, Portugal, Poland, Italy, Ukraine and Denmark in posting a common front in confrontation against Russia, Iran, DPRK and China so as to achieve once more white overlord, control and total hegemony over all other non-white countries in the world. 

Let this be a warning. Any ASEAN country that allows the Evil Empire or its allies to make use of its territory as a military base to attack China, Russia, Iran or North Korea will be bombed to pieces and possibly subject to nuclear attack. Don't take this warning lightly. Think carefully and tell the evil United States and its gang of savage allies to fuck off. 

Southernglory1

Tuesday, 1st, June, 2021.