12-02-2014, 09:30 AM
(This post was last modified: 12-02-2014, 09:31 AM by ValueBeliever.)
Today on WSJ added a new twist to the saga betw Japs and Chinese. If not peace than what matters? The Japs are tired of apology and rhetoric is not just that, it could be a new level of tension.
The level of investment in China needs careful watch? I think Spore property call by Mr Jason Columbia is wrong, if any thing war were to break out, Spore will trigger a run of wealthy depositor and a large spike in interest rate? Why? Look at the current situation in Thai and Malaysia, their currencies are weakening much faster than Singapore and that could mean recognition that Spore $ is supported by influx of foreign wealth in particular from Malaysian?
Recent Aquino remark could well just show the extend of the anxiety ASEAN face with a menacing china flexing its muscle over territorial dispute.
We are already the Swiss of ASEAN or may be the world and the economy is indeed booming in service sector. Our property is worth every ounce of gold per sq ft. Gold doesnt yield anything but Spore property does as it used to be just CCR but now its price is fast appreciating in the OCR.
So why is Barclay moving back to Marina? Cost cutting or CCR rental is cheaper than OCR?
The level of investment in China needs careful watch? I think Spore property call by Mr Jason Columbia is wrong, if any thing war were to break out, Spore will trigger a run of wealthy depositor and a large spike in interest rate? Why? Look at the current situation in Thai and Malaysia, their currencies are weakening much faster than Singapore and that could mean recognition that Spore $ is supported by influx of foreign wealth in particular from Malaysian?
Recent Aquino remark could well just show the extend of the anxiety ASEAN face with a menacing china flexing its muscle over territorial dispute.
We are already the Swiss of ASEAN or may be the world and the economy is indeed booming in service sector. Our property is worth every ounce of gold per sq ft. Gold doesnt yield anything but Spore property does as it used to be just CCR but now its price is fast appreciating in the OCR.
So why is Barclay moving back to Marina? Cost cutting or CCR rental is cheaper than OCR?