How much money flow out of Singapore ?

[moneyfacepap]

Total foreigners working here approx: 700,000
Average salary per month 2000 (including benefits in kind)
Total wages per month 1,4000,000,000
Total wages per annum 16,8000,000,000

70% remitted to their home 11,7600,000,000

$11.76 Billions flow out of Singapre every year!

So Singapore have benefitted or the foreigners?

 

[hairylee]

Please add $40 billion that flow out through Temasek alone.

 

[myfoot123]

God knows how much minitoots have parked their savings overseas too. No wonder we are nation of the poor.

 

[makapaaa]

Can any of them beat my $270B loss with NO REGRET? *chey*​

 

[chewed]

Total foreigners working here approx: 700,000
Average salary per month 2000 (including benefits in kind)
Total wages per month 1,4000,000,000
Total wages per annum 16,8000,000,000

70% remitted to their home 11,7600,000,000

$11.76 Billions flow out of Singapre every year!

So Singapore have benefitted or the foreigners?

it's more than that. abt 2 yrs back, read on a article that foreign workers (everyone included) send back abt 2 billion a month?

 

[Hope]

Total foreigners working here approx: 700,000
Average salary per month 2000 (including benefits in kind)
Total wages per month 1,4000,000,000
Total wages per annum 16,8000,000,000

70% remitted to their home 11,7600,000,000

$11.76 Billions flow out of Singapre every year!

So Singapore have benefitted or the foreigners?

Actually the yearly foreign workers remittance out of Spore is around S$20 billion per year,but fortunaely for PAP,many rich fellas fr all over the globe love them and park many more billions here,that is why we havent come to the stage when we have a foreign exchange crisis.

But it wouldnt last forever,would it?standby and wait for the day when S$ becomes the banana currency,Akan Datang,given how PAP million ministers run the economy and how the 66.67% persisently cheer them on,regarding of what they do.Example Madam Ho Ching,an investment failure big time!

Standby