expectation of low GDP growth will further fuel the corp bond bubble in 2013:
Singapore's GDP growth for 2013 is likely to come in on the "low-side" of the official forecast range of 1 to 3 per cent, DBS Group CEO Piyush Gupta said at a DBS Private Bank event on Monday.
He said that the Singapore government has made clear its willingness to trade-off economic growth in favour of more sustainable growth.
The property cooling measures announced last Friday have "a lot of teeth" and will generate headwinds too, he added.
Ride at your own risk !!!