
PM Lee, it’s ‘cheque mate’, not ‘checkmate’
PM Lee For PM Lee the next GE means a Life and Death Struggle where every constituency contested becomes a general election and if his party loses it is the end of Singapore. "Checkmate!" as he so aptly puts it. But in reality it is about the "cheque mate". PM Lee must not equate the PAP with the nation and the nation is not...

Borrow against your assets to invest?
What if someone suggest to you that you can borrow against the equity of your residential property(ies), shares, investment funds, bank deposits and other assets, at an interest rate of about one per cent? Normally, the maximum loan tenure is until age 75 and subject to the 60 per cent Total Debt Servicing Ratio (TDSR). However,...

Why is GIC betting bigger with our CPF?
I refer to “GIC beefs up real-estate portfolio with US$8.1b (S$10.58b) purchase of Ind Cor”. (BT, 3 Dec) Blackstone had plans for IndCor’s IPO which valued IndCor at about US$8 billion before GIC stepped in with its US$8.1 billion offer. By taking a 100% stake, should the market for industrial property turn sour, it would...
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