Singapore Lawyers Warn of 1998-Like Pain as Debt Defaults Spread
Rajah & Tann Singapore LLP, Southeast Asia’s largest law firm, reckons the region’s rising bond defaults will inflict as much pain on creditors as the financial crises of 2008 and 1998. As distress spreads from shipping to mining and retail to construction industries, the law firm said in an interview that recovery rates...
Survey reveals that young Singaporeans have a positive attitude towards financial planning for retirement
SINGAPORE, 15 FEBRUARY 2016 – A recent survey conducted by Nielsen and commissioned by NTUC Income revealed that when empowered with knowledge, young adults in Singapore are motivated to start planning for their retirement. The survey showed that 1 in 3 non-retirees aged between 25 and 59 years old have started financial planning...
Home Purchasing Tips: Foreclosed Versus New Properties
When people decide that they want to buy a home, they normally head to the offices of the nearest property developer or do a quick search for a home online on sites like DDProperty. However, did you know that you could also go to banks to purchase homes in the form of foreclosed properties? What is a Foreclosed Property? A foreclosed...
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