One of the Many Things I Don’t Understand About Temasek
Dr Christopher Balding I am reviewing the Temasek 2013 Annual Report when I come across this interesting picture on page 7 of the report (page 9 in the PDF viewer). It says that investments made by Temasek prior to March 31, 2003 have earned an annualized rate of return of 16% over the last decade. It also says investments...
The maths of salaries when mortgage rates rise 50%
Up to 9,000 Singapore private property owners could be forced to sell their homes if interest rates rise in the city-state, according to an analyst report published today. On the back of news that up to 10 percent of Singapore households may have already over-leveraged their private property purchases beyond the new 60 percent...
Prudence man!
Tharman Shanmugaratnam cries prudence. Sinkies are now advised to be prudent and not to buy too many over priced properties. Would anyone want to advise Sinkies not to be warded in expensive hospital wards that they cannot afford to pay or empty their little savings in their Medisave accounts? Would anyone want to tell Sinkies...
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