And here are three social activities that have the potential
to get very expensive.
Singapore sees little growth in fixed-asset investments this
year after commitments fell to the lowest level since at least 2007, the
Economic Development Board said. Capital investment in facilities and equipment
planned over the next five years stood at $9.4 billion ($6.7b) last year and
should stabilize at around $8 billion to $10b in coming years, Beh Swan Gin,
chairman of the EDB, told reporters in Singapore on Thursday. The EDB didn’t
provide data for the period before 2007. Read more here.
Governments in Southeast Asia are ramping up spending just
as central banks are putting away their policy-easing tools. From Thailand to
Malaysia, states are boosting budgets for railways, roads and other
infrastructure projects to help bolster growth in a region facing uncertain
global markets and the threat of a pullback in trade under U.S. President
Donald Trump. “Fiscal is going to be the main story this year,” said Selena
Ling, an economist at Oversea-Chinese Banking Corp. in Singapore. “All of these
countries don’t really have much room for cutting rates further. Their currencies
may weaken more if rates are lower.” Know more here.
Maintaining a social life can be expensive in Singapore.
There is often little to no concern about costs when it comes to spending time
with friends, and only in the rarest of occasions will somebody bother to ask
the group if the cost of dining at whatever pricey restaurant they’ve chosen is
fine with everyone. Here are three social situations that have the potential to
get very expensive. If you’re invited to one of these activities, avoid like
the plague unless invited by your boss. Click here to read more.
Get Live
Trading Signal With Us – www.equityprofit.com
No comments:
Post a Comment