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Correspondent

Analysts: Misconception to bet on Government to help Hyflux

Bloomberg reported yesterday (27 Feb) that Hyflux creditors are due to file proof by Friday (1 Mar) of the obligations that Hyflux owes them. In total, the company now has S$2.7 billion unsecured debt owed to creditors. Hyflux has earlier unveiled a proposal to impose 75 to 90 percent haircuts on unsecured creditors. It brought in a white knight last …

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Filipino: Singapore makes my jaw drop every time I visit the place

Filipino Ethan James Coronel recently (13 Feb) wrote on Quora praising and exalting Singapore, saying that Singapore would make his jaw drops each time he visits Singapore. Mr Coronel said that as a child, he visited Singapore thrice but “didn’t really give a damn about the place” initially. “I was then young and patriotic, believing blindly that my country was …

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