June Ho

Singapore

Reflecting on Singapore's Financial Woes

By June Ho 2016-11-01 17:22:42

No surprises here – it's been a hard 2016, and we are in for a rough 2017, as sector-wide stresses continue to pound shipping and offshore players globally. There are few places to hide, especially with intra-sector investments and ownership. Singapore has not been spared.  In August 2016, a survey carried by Singapore’s Business Times (which drew on data released on Bloomberg) showed the precarious financial state of many...

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