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Top News this Week (11 July)
By Financial Horse  •  July 11, 2021
Rounding up top investing articles from around the web, including articles shared by fellow investors in the Financial Horse Facebook Group. Singapore to borrow under Singa for first time (Straits Times) Finance Minister Lawrence Wong disclosed in Parliament on Monday (July 5) that the Government will capitalise about $0.6 billion in development expenditure for the Deep Tunnel Sewerage System and the North-South Corridor under the Significant Infrastructure Government Loan Act (Singa). The money earmarked for the two projects will go towards funding part of the $1.2 billion support package to help businesses and workers during the period of heightened alert. The other half of the $1.2 billion to fund the Covid-19 support measures will be reallocated from development expenditure that was underutilised mainly due to delays in projects arising from Covid-19. Emperador considering S$1-b Singapore listing (Manila Standard) Emperador Inc., a liquor company owned by businessman Andrew Tan, is...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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