Please explain why SG Govt debt-to-GDP ratio is 101%?
Singapore The debt-to-GDP ratio is one of the indicators of the health of an economy. It is the amount of national debt of a country as a percentage of its Gross Domestic Product (GDP). A low debt-to-GDP ratio indicates an economy that produces a large number of goods and services and probably profits that are high enough to...
Another botched deal, another US$600m lost by SG Govt
The Peter Cooper Village and Stuyvesant Town apartment complex is seen from Waterside Plaza in 2006, the same year it was sold in a record-breaking real estate deal. ‘The govt of Singapore, well, they lost the most….over $600 million. It just went poof…. Tisman Speyer and BlackRock lost a lot of people a couple of billion...
45% foreigners – Perfect property storm for our banks & nation
In our earlier commentary on the 6.9 million Population White Paper, we mentioned that a “projection” of 45% foreigner mix could be a disaster waiting to happen. In fact, we are actually more worried about that “45% will be foreigners” statement than the 6.9 million population. Even with the 55% Singaporeans in 2030,...
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