3 good signs economy is getting sicker
Companies (facing cashflow problems?) are delaying payments. This in turn causes cashflow problems for others. Payment performance of local firms “deteriorated strongly” year-on-year in the third quarter of 2016, said the Singapore Commercial Credit Bureau (SCCB) in data released on Monday (Oct 3). Prompt payments declined...
How will Singapore surivive in an economically competitive region?
The ASEAN region is different now than 25 years ago when China broke on to the world scene. In particular, Indonesia is pushing ahead to cement its place as the largest economy of the region while there is a Malaysian push to claim land in the Johor Straits for a huge housing n commercial project is indicative of the unrelenting...
Temasek’s net profit significantly below previous year, falls below 2007
Due to Temasek’s selective disclosure of information, ordinary Singaporeans and even experts don’t know its actual financial state. A question that’s been on my mind for quite a while – why has Temasek’s group net profit been stagnant despite a $78 billion increase in its portfolio value? Temasek must also have been...
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