Philip Chua Business Blog

Posts Tagged ‘boom’

SINGAPORE'S exports boom showed no signs of slowing last month, with shipments jumping by the largest amount in more than four years. Non-oil domestic exports surged 29.4 per cent compared with the same month a year ago, the biggest year-on-year increase since December 2005, said trade agency IE Singapore yesterday. This follows March's 25.4 per cent rise in exports, and underlines the robustness ... more

FINANCE Minister Tharman Shanmugaratnam yesterday said the government will use every tool at its disposal ‘in a calibrated fashion’ to prevent boom and bust in the property market. One day after the Monetary Authority of Singapore served notice of further action to cool the housing market if needed, in the face of growing speculation risks, Mr Tharman spoke about the need to manage the property cy… more

AP – A House panel is investigating the role of mortgage lenders in the financial crisis and is seeking information from some of the biggest U.S. companies to determine if they used deceptive practices to lure borrowers into the housing boom.

(SINGAPORE) While the jury is still out on whether the recovery we are seeing today will be ‘V’ or a ‘W’ shaped, investors are becoming as euphoric as they were during the height of the stock market boom in the third quarter of 2007 – which is worrying some market observers.
Last week, International Netherlands Group (ING), a global financial institution based in Netherlands, released its ING Inve… more

THE property boom is fast spreading to the upper reaches of the market, with more people buying premium-priced homes, according to data from property consultancy DTZ.

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WHO THE BUYERS ARE

The firm’s analysis of caveats lodged shows that 22 per cent of total private … more

THE current recession-defying surge in home sales is being driven by pent-up demand from local buyers with enough savings to swoop on lower-priced units and a determination to invest or upgrade.
These buyers are not acting on impulse but have been saving up for years.

Another key factor is the fear of missing the boat ahead of another property boom, The Straits Times has found after speaking to … more