HoHoHo: Chinese banks have more problems
Funny that we don’t hear much in ST nowadays that Temasek has big, big stakes in Chinese banks. [ LINK ]. Last yr, ST was boasting: LINK and LINK But maybe, ST’s cottoned on that Chinese banks have problems, big problems NYT Dealbook reports “CHINESE BANKS SWAP DEBT FOR EQUITY A new approach to managing China’s corporate...
2016 outlook for property developers
2016 should be a relatively muted year for developers though many are still fending off residual challenges from 2015, and with no reprieve in sight. Developers continue to face critical challenges in regaining their momentum following a slew of policy interventions and poor economic conditions. The state of the property market...
The incongruence of long term result versus short term tenure
‘SINGAPORE: With the global economic outlook uncertain, Singapore will have to ride the ups and downs in the short-term, but its focus must remain on the longer-term, said Prime Minister Lee Hsien Loong on Monday (Feb 8). This means focusing on skills upgrading, as well as giving productivity and training a bigger push.’...
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