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“中国沉没” - The Sinking of China

Singapore Forum Breaks Attendance Record as Investors Crowd Mingtiandi Event​

2024/09/11 by Michael Cole Leave a Comment


More than 200 industry leaders attended the Mingtiandi Singapore Forum 2024 on Tuesday, making the event the company’s biggest ever.

Attendees at the forum heard top leaders from Bain Capital point to special situations opportunities in Japan and China, learned of Brookfield Asset Management’s plans to expand its real estate investment platforms in Asia Pacific, and witnessed representatives of some of the world’s largest real estate investors point to their favourite strategies.






The forum also featured senior leaders from PAG, Gaw Capital Partners, ESR and Ivanhoe Cambridge speaking in panels on commercial, industrial, residential and hospitality markets, as well as a session on Singapore’s growing role as a regional capital hub.

All eight discussions at the forum, which was sponsored by Yardi, are being covered in dedicated stories published on Mingtiandi on Tuesday and Wednesday, complete with full-length recordings of each segment. Highlight images from the forum are presented here for those unable to attend in-person
 

Data Centres in October, Tokyo in November​

With the Singapore Forum concluded, Mingtiandi has prepared an MTD TV event series in October focused on investment in Asia’s digital infrastructure sector.

The Mingtiand Asia Data Centre Forum 2024 is the company’s fifth annual edition of the online event series, with this year’s programme featuring a spotlight interview with Digital Realty Asia Pacific chief executive Serene Nah.

In addition to that interview on 15 October, a panel discussion on 8 October will cover opportunities in Asia’s hyperscale market with speakers including Jing Zhou, senior director for alternatives and strategic transactions at Nuveen; Michael Tanujaya, head of investments and strategy for ST Telemedia Global Data Centres and Baker McKenzie partner Edwin Wong.






A panel on data centre strategies for Southeast Asia on 10 October features Ai Leen Tang, a partner with Baker McKenzie member firm Wong & Partners, with additional speakers to be named later.

The forum will conclude on 17 October with a panel on opportunities in Japan and Korea’s data centre markets, with the session featuring Diarmid Massey, CEO for Data Centres at ESR, with additional speakers to be named later.

Following the data centre forum, Mingtiandi will travel to Tokyo for the company’s first event in Asia’s hottest major market.

The Mingtiandi Tokyo Forum on 12 November includes speakers from Warburg Pincus, GLP Capital Partners, ESR, Axe Management, Alyssa Partners, Tokyo Trust Capital and more.
 

DPM Heng Swee Keat at the Singapore-India Forum 2024​




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DPM Heng Swee Keat | 5 September 2024
Speech by Deputy Prime Minister Heng Swee Keat at the Singapore-India Forum 2024 on 5 September 2024.


Singapore’s network of 27 implemented Free Trade Agreements.

Since CECA was signed, annual bilateral trade has grown by 2.5 times – from S$20 billion in 2005 to S$51.2 billion in 2022. Singapore was also the largest external investor into India in FY2022. These stronger trade and investment flows have strengthened our economies and, importantly, created good jobs for our peoples.

This point is worth emphasising – that the Singapore-India partnership, through the decades, has enabled growth and development on both sides. For governments around the world, one of the chief responsibilities is to promote economic growth and development. This is not an end in and of itself. Achieving growth is a means to uplifting the lives and livelihoods of their peoples and improving the prospects of future generations.

Collaborating across borders – to leverage complementary strengths and expertise – is critical to growth and development. Autarky leads to a dead end. Collaboration has been, and will continue to be, the story of the Singapore-India partnership. Two economies of vastly different size, scale and history finding ways to work together with common cause, pursue win-win outcomes and improve the lives of our peoples.

This morning, as part of Prime Minister Modi’s visit, he and Prime Minister Lawrence Wong will witness the exchange of a number Memoranda of Understanding between our two countries. These aim to deepen cooperation in areas such as digital cooperation, healthcare and medical education, semiconductor supply chains, and education and skills development. These agreements between governments provide the framework and bridges, but it is the private sector and other stakeholders like universities that must take action to initiate new activities and build new connections. So I encourage all of you here to make full use of these, to shape the next chapter of the Singapore-India partnership.

What does the next phase hold for Singapore-India collaborations? How can we shape and steer them towards even more impactful outcomes? Let me share three suggestions.

First, economic growth will remain a work-in-progress – it is never done, and in fact, will become more complex. It is first useful to see the trajectory of the Singapore-India partnership within the context of the wider Asian growth story. The past 30-plus years of globalisation since the end of the Cold War have helped Asia become the epicentre of global growth. Asia’s share of global GDP has grown from around 20% in the 1970s, to around 45% today.

The steady opening of Asian markets, including India’s, coupled with closer economic integration has had tangible impact on the lives of people in the region. In purchasing power parity terms, GDP per capita in the Asia-Pacific grew by almost 7 times between 1990 and 2023. In the same period, GDP per capita in India specifically grew by almost 8 times.

Today, Asia remains an economic bright spot. The region is projected to contribute almost 60% of real global GDP growth this year. The IMF estimates Asia collectively will grow by 4.5% and 4.3% in 2024 and 2025. This will outpace global growth estimates of 3.2% and 3.3% respectively.
 
The solution is simple. As someone suggested, Extend the lease of the homes by another 50 years.
Then, cum up a law to "nationalised" low quality building, or building sit on land critical of national development :)

No problem liao
 

China’s unworkable housing rescue is prolonging the crisis​

https://www.businesstimes.com.sg/in...orkable-housing-rescue-math-prolonging-crisis

29c7a0d5dcb2ecc3a46620263ab70bd38d6d30cba85ed9fdfbfa50c875dd305c
I logged on specifically to upvote your post.
 
many years also many countries thought that they cannot survive without China market.

However, situation is so different now and many us already surviving without China market

Apple survives without China and producing iPhone 16 in india

Singapore and Taiwan survive without the huge influx of Chinese tourists
Actually that thinking is downright wrong.

It's greed that drives people to China market. The entire thing is about greed. China, CCP, China markets, China customers. All greed driven.

China's success as a manufacturing hub is entirely down to the greed of the West. Greedy companies saw an opportunity to reduce their costs by an unimaginable magnitude. So that's why China got all the contracts. Not the quality of their work, nor the scruples of Chinese companies.

Without greed, China would sink into it's deserving oblivion as a morally bankrupt shithole.

People can survive without China. People can't be greedy without China. China and the Chinese people are one giant nexus of universal greed. That's why they're hated.
 
Actually that thinking is downright wrong.

It's greed that drives people to China market. The entire thing is about greed. China, CCP, China markets, China customers. All greed driven.

China's success as a manufacturing hub is entirely down to the greed of the West. Greedy companies saw an opportunity to reduce their costs by an unimaginable magnitude. So that's why China got all the contracts. Not the quality of their work, nor the scruples of Chinese companies.

Without greed, China would sink into it's deserving oblivion as a morally bankrupt shithole.

People can survive without China. People can't be greedy without China. China and the Chinese people are one giant nexus of universal greed. That's why they're hated.

Singapore Forum Breaks Attendance Record as Investors Crowd Mingtiandi Event​

2024/09/11 by Michael Cole Leave a Comment

Michael Cole Mingtiandi

Mingtiandi founder Michael Cole opening the forum on Tuesday

More than 200 industry leaders attended the Mingtiandi Singapore Forum 2024 on Tuesday, making the event the company’s biggest ever.

Attendees at the forum heard top leaders from Bain Capital point to special situations opportunities in Japan and China, learned of Brookfield Asset Management’s plans to expand its real estate investment platforms in Asia Pacific, and witnessed representatives of some of the world’s largest real estate investors point to their favourite strategies.
 
Many many 英雄好汉joining this huat big big 大法会

PAG, Partners Group, PropertyGuru to Speak at Mingtiandi Singapore Forum​

2024/08/19 by Michael Cole Leave a Comment

Manwin Sidhu, PAGManwin Sidhu, Managing Director, Investment, Singapore, PAG Real AssetsLee Nai Jia, PropertyGuruDr Lee Nai Jia, Head of Real Estate Intelligence, Data and Software Solutions, PropertyGuru GroupBlake Olafson, HOMABlake Olafson, Founding Partner of ACRE, Co-founder of HOMA
With Mingtiandi’s Singapore Forum just three weeks away, senior executives from PAG, Partners Group, ACRE and PropertyGuru have joined the roster of speakers for Southeast Asia’s biggest real estate investment event of 2024.
The agenda for the 10 September event at the Pan-Pacific Orchard Hotel is set to include more than 25 speakers, with top leadership from Brookfield Asset Management, Bain Capital, Oxford Properties and Ivanhoe Cambridge also joining the forum.
 
Many many Green Shoots detected...dun miss the boat...Heng Ong Huat lah

Oxford, Ivanhoe, Savills, PropertyGuru Predict APAC Buying Opportunities at Singapore Forum​

2024/09/11 by Christopher Caillavet Leave a Comment

The success of Singapore property owners in staving off discounted assets sales has Southeast Asia’s wealthiest nation playing catch-up in the region’s real estate recovery, even as the market begins to recover, according to top investors, advisors and analysts speaking at Mingtiandi’s annual forum in the city-state on Tuesday.
“In Singapore, I would say, on its own the repricing (of properties) hasn’t been as significant,” said Alessandro Fiascaris, head of APAC at Oxford Properties, the real estate arm of Canadian pension fund OMERS. “It’s probably going to lag a little bit. But even here I think the market is improving.”



Fiascaris made his comments in a discussion with senior executives from Ivanhoe Cambridge, Savills and PropertyGuru in a conversation covering the outlook for real estate markets in the Southeast Asian hub and throughout the broader region.
After a pair of big-ticket deals jolted Singapore’s slumbering office market in the second quarter, the keynote panel of experts see pockets of opportunity arising around the region as major markets look forward to cuts in interest rates.

Green Shoots Detected​

The Lion City saw two large trades of centrally located commercial properties during the April-June period, led by Mapletree Pan Asia Commercial Trust’s sale of the Mapletree Anson office tower in the Tanjong Pagar area to regional private equity titan PAG for S$775 million ($574 million) ― a deal ranking as Singapore’s largest office transaction in two years.
 
In the other transaction, City Developments Ltd bought out the Delfi Orchard tower for S$439 million, with the Singaporean giant believed to be planning to combine the mixed residential and commercial complex with the neighbouring Orchard Hotel Singapore to create a residential, commercial and hotel project.

“The worst seems like it’s behind us,” said Laurent Fischler, head of APAC investments at Ivanhoe Cambridge, a division of Canadian pension fund CDPQ. Zooming out to the broader region, Ivanhoe also favours select asset classes in Japan, Australia and India.



780x250 Data Centre 2024


“We’re still very much keen on logistics in most of these markets, and residential,” Fischler said. “So the beds-and-sheds theme, I think, is alive and well.”
 

Price Gap to Narrow​

Jeremy Lake, managing director for investment sales and capital markets at Savills Singapore, sees ample deal interest despite a persistent gap in pricing expectations between buyers and sellers, which he expects to narrow.

“But the concern I have is that sellers react more quickly than buyers,” Lake said. “By that I mean, the expectation of lower interest rates means that when we speak to sellers, they’ve already factored it in, and they think that interest rates have already gone down 50 basis points, whereas buyers didn’t get that memo yet.”






With strata offices in the city-state trading at 2.5 to 3 percent net yields, these assets remain less than compelling for pure investors, according to Lake. “The motivation to buy for an end user is stronger than it is for an investor at this point in time,” he said. “Things can change.”

Lee Nai Jia, head of real estate intelligence for data and software solutions at PropertyGuru, said data from the company’s platform shows a “sudden shift in terms of optimism” in Singapore’s residential market, with asking prices on the rise. Users are searching around, he said, but transaction volume continues to lag behind.

“And so what we are seeing is that it chimes very well with what Jeremy was saying about the gap, and it’s very real,” Lee said. “We see that prices continue to go up irrespective of whatever noise or negative news. The Singapore property is very resilient in that sense from a seller’s perspective.”
 

Global Praise Highlights the Success of World Opportunities Forum 2024​

Sep 6, 2024 | Events, IN Diplomacy
IMG_1368-1024x683.jpg

The World Opportunities Forum, organized by Sun Media Pte Ltd, received widespread acclaim from diplomatic and business leaders for its successful execution and impactful discussions.

Singapore, September 6th, 2024 — The World Opportunities Forum (WOF) 2024, organised by Sun Media Singapore at the Fullerton Hotel Singapore on August 21st, 2024, brought together 150 diplomats, industry experts, and business leaders to explore investment opportunities across Asia, the Middle East, and Africa.
Not only was this event a platform for international collaboration, but it also marked two major milestones for Sun Media—its 25th anniversary and the 100th edition of IN Diplomacy, Sun Media’s flagship publication. Under Ms. Nomita Dhar’s leadership, the Forum not only showcased Sun Media’s extensive work achieved over the past 2 decades, but also facilitated meaningful dialogues on critical global issues.
The Forum was supported by the Diplomatic Corps, partner country, Saudi Arabia, with embassies and high commissions from Egypt, India, Indonesia, Jordan, Malaysia, Mexico, Peru, Rwanda, Singapore, South Africa, Thailand and Uzbekistan, along with the Forum’s industry partner, Singapore Manufacturing Federation. Olam Agri, and VRM Biologik, are the Forum’s platinum sponsors, along with corporate partners from Global Schools Group, KPJ Healthcare Berhad, Ntsimbintle Holdings, and supporters from Tourism Malaysia, OCBC, Rabyte, Singapore Press Club, South African Chambers of Commerce, World Future Enterprises. The Forum also brought knowledge partners from The ESG Institute and NTU-SBF Centre for African Studies.

The Forum featured 7 illuminating panel discussions on themes including, regional economic growth, sustainability, investments, and long-term strategies for international cooperation with a focus on emerging industries around education, healthcare, halal economy, and supply chain.

The significance of the event was not lost on its attendees, who praised both the Forum and Sun Media’s milestones from various countries and business leaders, reflecting its significant impact and success. Diplomatic representatives from the Egyptian Embassy and Uzbekistan Embassy expressed their appreciation for the Forum and congratulated Sun Media on its anniversary, while the Saudi Arabian Embassy extended best regards to Mr. Sunil Dhar, Chairman of Sun Media for his contributions. Additionally, the South African High Commission, the Peru Embassy, the Thai Embassy, and the Indonesian Embassy also shared their positive remarks on their official social media accounts about the Forum.
 
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