SingaPura & Malaysia punyai hutang isirumah tertinggi di rantau ini

Singapore, Malaysia household debts among highest in region

JULY 03, 2013

Singapore households are among the most indebted in Asia relative to what they earn, according to a Standard Chartered report this week, reported the Straits Times.

Households had borrowings worth 151 per cent of their annual income last year, second in the region only to Malaysia, with debt at 182 per cent of income.

This is mainly because consumers here take on large dollops of property debt, amounting to 111 per cent of household income - the highest level in the region, Stanchart said.

However, Stanchart warned that as rates rise, debt servicing may become more difficult for home owners who are over-leveraged, although current debt burdens are still manageable.Thanks to low interest rates, the repayments that Singapore households make on loans are also among the lowest in the region as a share of income.

Indeed, Stanchart's data shows that the overall debt service ratio for Singapore households has been rising since 2008. But they remain moderate, with total debt repayments coming up to only 13 per cent of total household incomes, the bank said.

This is lower than in Malaysia, South Korea and Australia, although higher than in the Philippines, Japan, Indonesia, India, China and Taiwan, which have debt service ratios between 2 and 7 per cent, it added. - July 3, 2013.

Travel Advice: Singapore Haze Report

Some of my friends love to go shopping in Singapura. I hope the appended travel advice would be helpful.

Masalah jerebu ini bukannya masalah Singapura sahaja, malah juga mendatangkan masalah kepada rakyat Malaysia juga. Pihak berwajib Indonesia perlu lebih serius dalam menangani aktiviti pembakaran hutan di Indonesia yang mendatangkan masalah pencemaran kepada penduduk di rantau nusantara ini.

Dan ianya berlaku saban tahun.

Sudah berbuih pihak berwajib Singapura dan Malaysia menggesa agar pihak berwajib Indonesia bertindak segera tetapi macam tiada perubahan yang total kepada masalah ini!

I have an handful of Indonesian friends and all of them are hospitable, rational and accommodating. I'm sure the Indonesian authority is the same too.

Kita kan serumpun :)



Dear Valuable Partners,

Warmest Greetings from RMG Tours Pte Ltd SINGAPORE!

Hope that all is well with you.

Please be alert that Singapore has been effected recently by transboundary smoke haze

transpired by the forest fire in Sumatra. 

Hazy Conditions Update

(Updated on 18 June 2013)
Southwest Monsoon conditions have onset over the region since the beginning of the week, with low level winds blowing predominantly from the southeast or southwest. The Southwest Monsoon season typically last from June to September and is the traditional dry season for the southern ASEAN region. In the coming months, occasional extended periods of drier weather can be expected in the region. During the season, increased hotspot activities may be expected in Sumatra and Borneo. In addition, transboundary smoke haze could affect the region during periods of persistent dry weather conditions.

Weather conditions in the region have become drier and an increase in hotspot activities has been observed mainly over central Sumatra.  113 and 187 hotspots were detected over Sumatra on 17 and 18 June 2013 respectively.  The smoke haze from the fires in Sumatra was brought over by prevailing winds blowing from the southwest or west, and has affected Singapore since 13 June 2013.  The hazy conditions are expected to persist for the next few days.