3 Things You Need To Know About the Singapore Economy This Week

Welcome to Sunday! Here are three things about Singapore’s economy that you might want to look at today and for the week ahead.

1. After years of ultra-low interest rates, corporate borrowing costs in Singapore might be heading higher soon. My colleague Chong Ser Jing had dug into the topic recently. Using companies like Raffles Medical Group Ltd (SGX: R01) and Vicom Limited (SGX: V01) as examples, he also shared how investors might handle an environment of rising corporate interest rates. Check out his thoughts here.

2. Continuing on from the point above, not every company will be affected in the same way if it costs more to borrow money. In the event where interest rates continue to climb, Ser Jing had taken a look at why firms like Aspial Corporation (SGX: A30) and Cosco Corporation (Singapore) Limited (SGX: F83) may find themselves with financial difficulties. For more of his thoughts, jump in here.

3. 1965 was a monumental year for both Singaporeans and Berkshire Hathaway – it was the year when Singapore first became an independent nation and when investing maestro Warren Buffett took over the then-struggling textile mill. How have both done over the past 50 years? Who would prevail in a friendly race? Jump in here to find out more!

For more (free!) stock analyses and investing tips, sign up here for your FREE subscription to The Motley Fool's weekly investing newsletter, Take Stock SingaporeIt will teach you how you can grow your wealth in the years ahead.

Like us on Facebook to follow our latest hot articles.

The Motley Fool's purpose is to help the world invest,better.

The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore writer Stanley Lim does not own any companies mentioned above.