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Daily Archives: 2018-07-14

DBS is the leading bookrunner for companies which defaulted on Singdollar bonds

According to a Business Times report today ('Insolvency limbo: the SGD bond market', 14 Jul), the Singdollar bond market is grappling with an unprecedented number of insolvencies. Data compiled by BT shows that since Nov 2015, at least 13 issuers have defaulted on a total of 23 Singdollar bonds by missing coupon payments, failing to repay note holders at maturity, …

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Ho Kwan Ping warns people not to draw wrong lessons from events across the Causeway

Executive Chairman and co-founder of Banyan Tree Limited Holdings, Mr Ho Kwon Ping warned that it would be a “foolish mistake” for Singaporeans to heed Malaysian Prime Minister Dr Mahathir Mohamad’s suggestion that Singaporeans “must be tired of their government”.   Speaking at the OCBC Global Treasury Economic and Business Forum on "Singapore Politics and Business in an Age of …

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Confluence of Najib’s corruption and the peoples’ anger that eventually brought UMNO down.

The recent elections across the causeway has caused a great flurry of commentaries in our nation state. Netizens, political watchers and certain academics were quick to point out the similarities between Singapore and Malaysia and warning the PAP that the end was nigh for its political dominance. Current Malaysian Prime Minister Mahathir Mohamad himself joined in the fray by remarking …

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AGC filing for an order of committal for Jolovan Wham is a massive overreaction

It would appear that the Attorney General's Chambers (AGC) has filed for an order of committal against activist Jolovan Wham for contempt of court. Personally, I think that is a massive overreaction given that I don't really think that his comments constituted contempt in the first place. Wouldn't a public apology suffice if the courts really felt that aggrieved? Why …

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