S’poreans seem more anti-immigration than Americans
(26 Feb) - Singapore has one of the most open immigration polices in the world. But these policies do not currently enjoy popular support. According to the World Values Survey, Singaporeans seem more anti-immigration than Americans: Only 4% of Singaporeans favour open borders, and just 24% are willing to admit immigrants "as...
Citigroup downplays property bubble in Singapore
(24 Feb) Citigroup Inc. (C) said it’s “encouraging” that the city’s household debt tied to the real estate market is only a fraction of property values, downplaying concerns of a bubble. Singapore’s S$203 billion ($160 billion) of mortgages amounted to 24.2 percent of the value of residential properties in the...
Temasek playing with fire… again
(Bangkok Post, 24 Feb) - In the investment world, one must either be very dumb or very smart to make moves such as the one reportedly being contemplated by the Singapore sovereign fund Temasek Holdings Pte in Thailand. Reports over the past week said that Temasek was looking to divest its shareholding in Shin Corp Plc (now called...
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