SIBOR hits 7-year high putting pressure on mortgages
Singapore’s key mortgage benchmark, SIBOR, jumped to a 7-year high yesterday (14 Sep), ahead of a United States Federal Reserve (Fed) meeting later this week. The Fed will be announcing its rate decision this Thursday (17 Sep), which could mark the start of the rise of US interest rates. According to a recent poll by Reuters,...
Tharman: SGs voted for stability in an uncertain world
DPM Tharman Shanmugaratnam Speaking on the sidelines of a community event yesterday (13 Sep), DPM Tharman commented that Singaporeans voted in the general election (GE) just concluded for stability and progress in an uncertain world. He cited examples such as the loss of confidence in the Chinese economy, as well as political...
Dr Chee raises possibility of SDP working with WP
Dr Chee Soon Juan Singapore Democratic Party (SDP) chief Chee Soon Juan posted a message on his Facebook page yesterday (13 Sep), saying that he welcomes the idea of working closer with the Workers' Party (WP) so as to present a more coordinated opposition strategy and message at the next general election: Hi, everybody. I spent...
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