
The macro factors behind the Housing Crisis in Singapore
By Abdul Gafoor, Social Correspondent Many Singaporeans have grown to agree and accept that the housing market in Singapore is in a crisis. In a country of 600 sq km, where rental property is not quite an affordable option for majority of locals, purchasing a property has become not just desirable but a must. Therefore this...

Temasek to suffer heavy loss from sale of Chartered Semiconductor to Abu Dhabi’s ATIC
From our Correspondent Singapore's semiconductor industry had floundered in recent years with mounting losses caused by reduced demand and intense competition from Taiwanese and U.S. chipmakers, a situation exacerbated by the global financial crisis. Once the crown jewel of Singapore inc, Chartered Semiconductor has struggled...

DBS Bank and A Series of “Unfortunate Events”?
By Damon Yeo, Business Correspondent On the same day DBS announced their new CEO, the piece of news was quickly overshadowed by another which was about how their legal team will be setting itself up to defend a High Court case against the bank. (read article here) From various reports, it appears that DBS will be arguing...
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