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12-06-2014, 10:20 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
According to research by Bloomberg,
Singapore companies’ indebtedness has swelled to the most in Asia after China and India as the city-state’s economic growth slows, according to GMT Research Ltd.
Leverage among the Southeast Asian nation’s corporates is following counterparts in the two larger economies to a level considered a “danger threshold,” Gillem Tulloch, founder of the Hong Kong-based researcher, said in an interview yesterday. Debt rose to six times the amount of operating cash flow in 2013 for non-financial Singaporean companies, from 5.1 times in 2012, a report by GMT Research shows.
Earlier, non other than vampire squid Goldman Sachs had also shown Singapore companies are over-leverage at 133% GDP. The day bubble pops, we will suddenly wake up to find that we are shithole of SE Asia.
http://veritas-lux.blogspot.sg/2014/...rDIX+(Veritas) (http://veritas-lux.blogspot.sg/2014/06/singapore-corporate-debt-bubble.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+blogspot/lrDIX+(Veritas))
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?183896-Singapore-corporate-debt-bubble&goto=newpost).
According to research by Bloomberg,
Singapore companies’ indebtedness has swelled to the most in Asia after China and India as the city-state’s economic growth slows, according to GMT Research Ltd.
Leverage among the Southeast Asian nation’s corporates is following counterparts in the two larger economies to a level considered a “danger threshold,” Gillem Tulloch, founder of the Hong Kong-based researcher, said in an interview yesterday. Debt rose to six times the amount of operating cash flow in 2013 for non-financial Singaporean companies, from 5.1 times in 2012, a report by GMT Research shows.
Earlier, non other than vampire squid Goldman Sachs had also shown Singapore companies are over-leverage at 133% GDP. The day bubble pops, we will suddenly wake up to find that we are shithole of SE Asia.
http://veritas-lux.blogspot.sg/2014/...rDIX+(Veritas) (http://veritas-lux.blogspot.sg/2014/06/singapore-corporate-debt-bubble.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+blogspot/lrDIX+(Veritas))
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?183896-Singapore-corporate-debt-bubble&goto=newpost).