Infrastructure plans help capital markets grow
Projects such as the Singapore-KL high speed rail and China's Belt and Road initiative help companies tap into alternative funding sources.
CREDIT is the financial oil that enables economies and commercial enterprises to operate smoothly. With the onslaught of new infrastructure projects coming on stream across Asia, the development of local capital markets has become of vital importance.
Two infrastructure projects in Singapore could trigger more capital markets activity - the North-South Corridor, which will connect the north of the island to the city centre via roads, cycling paths and walkways, and the Singapore-Kuala Lumpur High Speed Railway.
A strong local currency capital market is important for Singapore to diversify credit sources - creating an alternative to bank funding, and helping to recycle savings and investments from institutional fund managers, insurance companies and pens…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access