China Property Bubble Could Cause $600 Billion in Bad Debts
China watchers are starting to put a price tag on what any collapse in the nation’s red-hot property market could cost banks. A drop of 30 percent in housing prices could cause 4 percent of total loans worth 4.1 trillion yuan ($615 billion) to sour, according to DBS Vickers Hong Kong Ltd. Commerzbank AG said such a drop could...
ISA Detentions and Restrictions, From “Communists” to “Terrorists”
On 10 September 2016, Singapore held its first and only public forum on the Internal Security Act (ISA) at The Agora. It was organised by Function 8, a non governmental organisation deeply concerned with the misuse of the ISA from 1948 to the present day. Thousands of ordinary citizens, politicians and activists were arrested,...
Should Singapore welcome more foreign talent?
It's been barely a day after his arrival in India and already, Lee Hsien Loong has signed 3 MOUs with India. The first MOU was signed between Singapore's Institute of Technical Education (ITE) Education Services (ITEES) and India's National Skill Development Corporation on collaboration in technical and vocational education...
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