ZADC
Debt issues emerge for Singapore’s small construction firms
A recent Bloomberg report highlighted that small construction firms in Singapore are likely to face more difficulties repaying debt as a clampdown on property speculation worsens their already tight liquidity. The overall economy in the Island Republic grew at a slower pace in the second quarter than initially projected... Read more
Trouble brewing for China developers in M’sia?
Beijing’s intensified crackdown on capital flight could spell trouble for China-based developers active in Malaysia, especially down south in Johor’s Iskandar Malaysia region where they are involved in major large-scale projects. Though the Chinese government’s move has little impact on sales operations on our shores, it puts many of... Read more