Malaysia and Thailand can have their wet dreams to sell durian to China. China is facing 内卷 ， they don’t spend money.

[k1976]

China-Led Development Lender Plans to Open Singapore, HK Offices​

The AIIB headquarters in Beijing.
Photographer: Jade Gao/AFP/Getty Images
By Bloomberg News
May 28, 2025 at 2:00 PM GMT+8
Updated on
May 28, 2025 at 3:16 PM GMT+8
Save
Translate

Takeaways NEW​

The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the matter, in a plan that would mark its biggest expansion since beginning operations in Beijing almost a decade ago.

The multilateral lender, which had more than $57 billion in assets at the end of last year, is currently negotiating with relevant parties in the cities to open the offices, the people said, asking not to be named discussing non-public information. The bank may announce the move at its annual meeting in June if it can finalize the host member agreements with their respective governments, according to one person.


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Before it’s here, it’s on the Bloomberg Terminal

 

[k1976]

 

[k1976]

The founder of Bridgewater Associates, one of the world's largest hedge funds, has warned about the ballooning U.S. deficit for years. Recently, investors have begun demanding lower prices to buy the bonds that cover the government's massive budget deficits, pushing up yields on the debt. Rising worries about the fiscal situation last week triggered a high-profile credit rating downgrade from Moody's.

The yield on the 30-year Treasury yield on Thursday traded at levels not seen since 2023, around 5.14%.

Rising financing costs along with continued spending growth and declining tax receipts have combined to send deficits spiraling, pushing the national debt past the $36 trillion mark. In 2024, the government spent more on interest payments than any other outlay other than Social Security, defense and health care.

"We will have a deficit of about 6.5% of GDP — that that is more than the market can bear," Dalio said.

 

[myfoot123]

When I passed by a durian stall, I treated as if I am passing by a Goldsmith Jewellery store.

 

[WangChuk]

how come durian price still so expensive? meaning the weedio is fake news lah ....

 

[Chase]

CNA just reported durian prices crashing in SG too
https://www.channelnewsasia.com/singapore/durian-prices-expected-drop-july-peak-harvest-5189266

 

[laksaboy]

CNA just reported durian prices crashing in SG too
https://www.channelnewsasia.com/singapore/durian-prices-expected-drop-july-peak-harvest-5189266

Welcome to Tiong overcapacity and export dumping.

 

[Boonsiong]

Excellent

 

[Boonsiong]

CNA just reported durian prices crashing in SG too
https://www.channelnewsasia.com/singapore/durian-prices-expected-drop-july-peak-harvest-5189266

Where can I get durian kampung without name one ? When I was young, my grandpa bought me durians and these durians didn’t have any name on it

 

[k1976]

When I passed by a durian stall, I treated as if I am passing by a Goldsmith Jewellery store.

Good job

 

[k1976]

Where can I get durian kampung without name one ? When I was young, my grandpa bought me durians and these durians didn’t have any name on it

That time was $10 for a big basket

 

[Chase]

Where can I get durian kampung without name one ? When I was young, my grandpa bought me durians and these durians didn’t have any name on it

The last time i had them was in Medan, every durian tasted different because they harvest from the wild, not plantation, but the taste was simple and clean.

 

[Chase]

That time was $10 for a big basket

my late grandfather could identify the best from each durian basket for $1 each.

The good $1 jungle/kampung durian is better than a typical MSW. It's like fucking a girl-next-door vs a super model.

To each of his own.

 

[k1976]

China-Led Development Lender Plans to Open Singapore, HK Offices​

The AIIB headquarters in Beijing.
Photographer: Jade Gao/AFP/Getty Images
By Bloomberg News
May 28, 2025 at 2:00 PM GMT+8
Updated on
May 28, 2025 at 3:16 PM GMT+8
Save
Translate

Takeaways NEW​

The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the matter, in a plan that would mark its biggest expansion since beginning operations in Beijing almost a decade ago.

The multilateral lender, which had more than $57 billion in assets at the end of last year, is currently negotiating with relevant parties in the cities to open the offices, the people said, asking not to be named discussing non-public information. The bank may announce the move at its annual meeting in June if it can finalize the host member agreements with their respective governments, according to one person.


Have a confidential tip for our reporters? Get in Touch
Before it’s here, it’s on the Bloomberg Terminal

Singapore utilizes a debt program called SINGA (Significant Infrastructure Government Loan Act) to finance nationally significant infrastructure projects. This program allows the government to borrow specifically for these projects, with the debt being backed by the value and long-term benefits of the infrastructure developed. The debt is raised through the issuance of Singapore Government Securities (Infrastructure).

Here's a more detailed explanation:

• SINGA:
  The Significant Infrastructure Government Loan Act (SINGA) is a framework that allows the Singapore government to borrow money for large-scale, nationally important infrastructure projects.
  
  
• Infrastructure as Backing:
  The debt issued under SINGA is not used for general government spending. Instead, it is specifically tied to the development of infrastructure like transportation, utilities, and other public works that are deemed critical for Singapore's long-term development.
  
  
• Singapore Government Securities (Infrastructure):
  The government raises funds for these projects by issuing Singapore Government Securities (Infrastructure).
  
  
• Purpose of Borrowing:
  The purpose of this debt program is to enable the government to undertake major infrastructure projects that would otherwise be difficult to finance solely through current revenue or existing reserves.
  
  
• Prudence and Safeguards:
  The SINGA program includes strict safeguards to ensure that borrowing is done prudently and that the funds are used effectively for the intended infrastructure projects.
  
  
• No Net Debt:
  While Singapore does issue debt, the government also has substantial assets, including reserves and returns on investments. Factoring in these assets, Singapore does not have a net debt position.

 

[k1976]

Durian prices in Singapore expected to drop by up to 30% in July at peak harvest period​

However, this could change if the weather turns bad and affects harvests, warned sellers.

Musang King durians sold at Uncle Sam Durian at Clementi Market & Food Centre.



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3 min




Nadine Regina Yeam & Louisa Tang
18 Jun 2025 05:12PM
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Read a summary of this article on FAST.


FAST
SINGAPORE: Durian enthusiasts can look forward to a welcome relief for their wallets next month when the harvest season reaches its peak.

Sellers across Singapore said they predict prices for the king of fruits will drop by as much as 30 per cent then. But they also warned that this could change if the weather turns bad and affects upcoming harvests.

 

[k1976]

Get Ready more Huat ahead for Petrol and Electricity

Singapore ranks amongst top fossil-fuel subsidisers in APAC​

In 2022, Singapore’s fossil fuel subsidies accounted for 12% of its GDP.

Despite its early adoption of a national carbon tax and its ambition to become a green finance leader, Singapore continues to offer one of the highest levels of fossil-fuel subsidies in the Asia-Pacific region, according to MSCI’s APAC Climate Action Progress Report 2025.

The report revealed that in 2022, Singapore’s fossil-fuel subsidies accounted for 12% of its GDP, a figure that includes both explicit subsidies for petroleum and implicit subsidies across petroleum, natural gas, and coal.

“Real-economy decarbonisation in APAC may slow if governments continue to provide fossil-fuel subsidies,” the report cautioned.

“These subsidies can distort markets by keeping fossil-fuel prices artificially low, discouraging clean-tech investment and reducing incentives for companies to take action in the near term.”

The findings contrast sharply with Singapore’s regulatory leadership. The country was an early adopter of a national carbon tax in 2019 and will implement climate-related disclosure standards aligned with IFRS S2 starting in 2025. Its national strategy, the Green Plan 2030, outlined key decarbonisation goals.

Still, the MSCI report implied a policy disconnect. Whilst climate risk disclosure is being institutionalised, financial incentives may be working against these objectives.

“Data suggests that [fossil-fuel subsidies] can slow the transition to a lower-carbon economy,” the report states. Although the subsidies are partly aimed at easing inflationary pressures, the authors argue they “potentially contradict” national climate pledges.

Singapore was included amongst several APAC economies, alongside China, Indonesia, and Malaysia, where both explicit and implicit fossil-fuel subsidies remain prevalent.

The report urged greater coherence between fiscal policies and climate goals, concluding: “Navigating a route between persistent risks and emerging opportunities will be critical… to accelerate the shift from fossil fuels toward clean-energy systems.”

 

[k1976]

New home sales fall 53% in May amidst launch slowdown​

The weak showing was largely due to the near absence of new launches—only 20 units came to market in May, compared to over 1,300 units in April.

Singapore’s new private home sales fell sharply in May, dropping 53% MoM to just 312 units, as developers held back launches during the general election period. Despite the steep decline, sales were still 41% higher YoY, reflecting a low base in May 2024.

According to Morgan Stanley’s latest ASEAN Property: Singapore: May 2025 Home Sales Tracker, the weak showing was largely due to the near absence of new launches—only 20 units came to market in May, compared to over 1,300 units in April.

Leading the sales chart was One Marina Gardens by Kingsford, which moved 62 units at a median price of $2,975 psf. Other notable performers included Bloomsbury Residences, The Hill @One-North, and Hillock Green, with most activity concentrated in the Rest of Central Region and Outside Central Region.

Meanwhile, the executive condominium segment remained sluggish, with just 24 units sold, indicating muted interest in this hybrid public-private housing type.

Looking ahead, Morgan Stanley expects June sales to stay subdued due to the school holiday season, when developers typically delay launches.

However, activity is forecast to rebound in the second half of 2025, with approximately 7,800 units from 16 projects likely to enter the market starting July, according to estimates cited from Huttons.

Despite a strong start to the year, year-to-date sales are up 158% YoY, reaching 4,350 units. Morgan Stanley analysts believe that overall sales growth will moderate in the coming months as market conditions normalise.

 

[syed putra]

toxic soil crisis in Malaysia's durian plantation. Visit the plantation of any premium grade durian, and u will notice that they are dead quiet. The farmers poisoned the soil with pesticides & herbicides and birds die after eating the flowers from these trees.

You watch too many zombie movies.

 

[congo9]

During these days., all Lye Chee, banana and also some kind of fruit are a hardsell in China. No one is buying at all.
The China mainland market has been awashed with durian from Vietnam, Thailand and China durian.

But all these durian is not the kind of durian you like to eat ! Even the Chinese mainlanders are kpkb the durian sucks !
except for Malaysian ones.

 

[Chase]

You watch too many zombie movies.

my friend is a farmer in Malaysia.