Forbes, 13 Apr 2009, Reuters
SINGAPORE, April 13 (Reuters) - Singapore developers and construction firms can still access credit markets and there is no need for loan guarantees to help the industry, the government said on Monday.
'We do not think the current situation warrants the government stepping in as guarantor for loans to developers,' National Development Minister Mah Bow Tan told Parliament.
Read More
Related News:
Official: Singapore banks still lend to property firms - Xinhua