Welcome!
assets
Tong's Portfolio
Secular decline in interest rates has ended. Cash is no longer trash
... beware risky assets
July 14, 2023
Tong's Portfolio
Homeownership could be made more affordable if we opened our minds
People are wealthier because they own homes where prices have gone up.
October 27, 2022
Global Economy
Are we headed for another recession?
SINGAPORE (Sept 7): The outcome of the Global Financial Crisis (GFC) has altered the business and economic landscape — for better or worse.
September 07, 2018
Global Economy
IMF warns of rising threats to global financial system
WASHINGTON (Apr 19): Threats to the global financial system are rising, with the price of risky assets surging in a manner reminiscent of the years before the global financial crisis, the International Monetary Fund warned.
April 19, 2018
HNA to face $3.1 bil liquidity crunch this quarter
(Jan 31): The crisis surrounding HNA Group deepened after it emerged that the Chinese company’s ability to repay its debt will face a potential shortfall of at least 15 billion yuan ($3.1 billion) in the first quarter.
January 31, 2018
Broker's Calls
First REIT to continue enjoying boosts from Indonesian assets: OCBC
SINGAPORE (Dec 11): OCBC Investment Research is maintaining its “buy” call on First REIT with a fair value estimate of $1.44, on expectations of an enlarged right of first refusal (ROFR) asset pool for accretive acquisitions.
December 11, 2017
TT International's Big Box assets put under receivership, operations 'continue unaffected'
SINGAPORE (Sept 29): Shares in consumer electronics retailer TT International have been suspended since Aug 4 as the beleaguered company sought to refinance loans and other financial obligations linked to its 51% owned subsidiary, Big Box Pte Ltd (BBPL).
September 29, 2017
Investing strategies
The case for infrastructure investment
SINGAPORE (Aug 30): Infrastructure has been in the spotlight in recent years as institutional investors continue to seek yield in a low-interest rate world.
August 30, 2017
Property
Mapletree acquires portfolio of US & Canada assets worth $2.2 bil
SINGAPORE (June 2): Mapletree Investments, the Temasek-backed property development, investment and capital management company, acquired a portfolio of assets from Kayne Anderson Real Estate Advisors worth US$1.6 billion ($2.2 billion).
June 02, 2017
Investing strategies
Why Bank of Singapore is remaining cautious on equities
SINGAPORE (March 14): Bank of Singapore (BoS) is maintaining its moderately defensive asset allocation stance with a preference for credit over equity, as a Fed hike in March is “all but certain” with two more hikes forecast to occur by end-2017.
March 14, 2017