Singapore Reserves: The Untold Story — Season 1, Episode 2: Episode 2
47 min • 1 season, 2 episodes
Episode synopsis
How did a tiny island nation, with hardly any natural resources, end up having reserves that's estimated to be well over a trillion US dollars? To many people living in Singapore, that sum is often thought of as the accumulation of government surpluses over the years. But there is so much more to the story. This is the untold account of how Singapore might have lost chunks of its reserves in the early years of independence, if not for a few geniuses unafraid to break a few rules and step on the toes of countries bigger and stronger than Singapore. Since then, there has been successive armies of people working to guard and grow these reserves. They have been so successful, that the tiny nation, now boasts not one, but two state-owned investment entities that are giants among their global peers.
About Singapore Reserves: The Untold Story
Singapore’s reserves are more than just an emergency fund. This online series hopes to lift the lid on the ‘secret sauce’ instrumental to the prosperity of the most successful city state of our time.