Monthly Archives: January 2015

Singapore Mortgagee sales rocket as more default on loans

Mortgagee sales shot up fivefold last year as over-committed borrowers defaulted on repayments. There were 159 forced sales listings last year, up from just 32 in 2013, said Colliers International. About 78 per cent of the listings were residences, the … Continue reading

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Malaysia is third best place to retire

Malaysia has been voted as the world’s third best place to retire based on International Living’s Annual Global Retirement Index for 2014. Malaysia came in behind Ecuador, Mexico and Panama, but ahead of all retirement destinations in Asia. Other Asian … Continue reading

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Ringgit as its lowest against SGD & USD (2.66 & 3.54)

The ringgit has fallen to its lowest against the US dollar since August 2009 amid concerns over the impact of low oil prices on Malaysia’s economy and the timing of US interest rate hike. At 5pm yesterday, the ringgit was … Continue reading

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