Another 25 basis points hike is widely expected by many economists for the upcoming US Fed Reserve meeting. I can only lament the high cost of borrowings faced by businesses which are getting hammered relentlessly over the past year from higher borrowing costs. We have already seen sporadic "banking crisis" erupting this year in US and Europe which were just being barely contained. Some of the Real Estate Investment Trust ("REIT"), which are heavily leveraged, are already facing financial stress over property valuation. The borrowing costs increase also threatened to bankrupt the some of the tenants in REITs with the excellent example of Cyxtera (the 2nd largest tenant of DigiCore REIT as well as prominent tenant for Mapletree Industrial Trust & Keppel Data Centre REIT). Final Rate Hike? Keeping my fingers crossed that this will indeed be the Final final hike for the year to contain inflation before the...