Why Higher Inflation Is Good For Singaporeans

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Latest CPI numbers in Asia Pacific Australia              2.7%  (2.2% last year, 3% 2 years ago) Bangladesh          7.4% (7.1% last year, 10.6% 2 years ago) Cambodia            4.2% (1.2% last year, 5.3% 2 years ago)… Continue reading

Bonds In Conversation : Paying The Price For Another’s Mistakes

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A lesson to be learnt in the massive traffic jam on the Singapore side of the Johor causeway – what a wonderful position to be in for others to pay the price for… Continue reading

SGD Bond Heads Up : Oh Mustafa, Oh Mustafa…

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Or so the song by Dick Lee goes. I heard there was an investor conference with the potential of a new SGD bond issue. In fact the ticker has been set up on… Continue reading

Oh Ye Serpent, Thy Venom Doth Sting – CNY, MYR, PHP

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In the first 3 weeks of 2014 and the end of the lunar year of the Snake, over 80% of the 162 currency pairs in the world have lost out against the USD.… Continue reading

From The Zico Files : Year Of The Trojan Horse

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It is always a breath of fresh air to speak to a macro equity person like Zico and glean a little of the spectrum of his global perspectives. He was unusually subdued this… Continue reading

SGD New Issue Review : Midas 3Y

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MIDAS 3Y SGD SENIOR -NEW 3Y SGD SENIOR ANNOUNCED -PX GUIDANCE AT HIGH 5% AREA COMPS: TAT HONG  4.5% 2018    4.46% SHUI ON DEVELOPMENT  8% 2015    3.40% CREDIT HIGHLIGHTS: – Midas Holdings Limited… Continue reading

An Honest Opinion On HDB Bonds

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Honesty does not create profits. And therefore, this is probably the only piece you will come across on the web with an unbiased opinion on HDB bonds that offers a few suggestions on… Continue reading

Ad Hoc Commentary – global unemployment and resentment

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The ILO released their Global Employment Trends report overnight. The executive summary should be required reading for those who care about politics. We all know that in the past, worker solidarity had brought… Continue reading

Lifestyle- At Last, Hotpot and a Glass of Lascombes

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Winter in North East or East Asia typically means it’s hotpot or steam boat time for many people. There is just something inherently satisfying and bonding about sitting over a pot of steaming… Continue reading

The Mystery of the Muddled Markets – Market Thoughts

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If you are feeling confused, lost, disoriented, bewildered, fatigued and the like, rest assured that you are not alone. It is real and happening. The markets are muddled. If you are feeling comfortable… Continue reading