So much gloom about Singapore on SBR

[Wd40]

Just saw so many gloomy articles mainly related to property and the economy in general about Singapore:

http://sbr.com.sg/economy/news/escalati ... der-threat

http://sbr.com.sg/residential-property/ ... d-10-in-q3

http://sbr.com.sg/financial-services/ne ... nth-report

http://sbr.com.sg/economy/news/bleak-gr ... ts-in-2014

[Brah]

Pretty grim in Japan these days too economy-wise

[Wd40]

India's prospects are bright for the next 5 years
http://www.business-standard.com/articl ... 012_1.html

My entire networth is India based, so this article better come true

[ecureilx]

India's prospects are bright for the next 5 years
http://www.business-standard.com/articl ... 012_1.html

My entire networth is India based, so this article better come true

are you a HNWI ??

Ah, well, gloom in Singapore ?

isn't that what the vocal locals want ? gloom in lieu of more foreigners etc ..

[Mi Amigo]

The words 'chickens' 'home' and 'roost' come to mind. Presumably the mindless bigots on TRE etc. will be delighted to see everything falling down and foreigners leaving.

[brian_singapore]

http://sbr.com.sg/financial-services/ne ... nth-report

Ok, so how did this author write this with a straight face and how the heck did it not come as an article lampooning the study's authors complete inability to properly select there research population.

Yesh.

[Wd40]

Few more:

http://sbr.com.sg/financial-services/ne ... ving-costs

http://sbr.com.sg/retail/news/retailers ... les-vanish

http://sbr.com.sg/financial-services/ne ... local-debt

[Wd40]

http://sbr.com.sg/markets-investing/new ... sgx-weakne

http://sbr.com.sg/markets-investing/new ... sted-firms

Ironic, Singapore is the wealth management hub of Asia, yet its own bourse gets no love by investors. Obviously when high growth stocks trade on Mumbai, Shanghai and Jakarta exchanges

[Wd40]

http://sbr.com.sg/financial-services/ne ... an-default

The loans are worth over $181m.

UOB is reported to be suing a subsidiary of Lippo Group along with seven other debtors over loan defaults on 38 Sentosa condominium units.

According to Maybank Kim Eng, the borrowers have over $181m in housing loans for the purchase of 38 condominium units at the Marina Collection in Sentosa. 37 out of the 38 loans that UOB financed have defaulted.

UOB claimed that it was not informed of the 22-34% discounts offered for the units and that the buyers had
secured inflated home loans from the bank.

http://sbr.com.sg/economy/news/jittery- ... teriorates

More depositors are ditching the Singapore dollar as its weakness against the greenback intensifies. Data from JP Morgan show that local currency deposit growth has slowed to a crawl since the beginning of 2014, reflecting expectations of an even weaker currency.

By contrast, foreign currency deposits have increased by over $2b in the past six months, the largest semiannual rise in the past decade.