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bankruptcies
Singapore economy
High debt a concern as Singapore faces its most severe downturn, says Menon of MAS
The economic and health crisis brought about by the Covid-19 pandemic will have quite some ways to go. “We are not at the beginning of the end,” says Ravi Menon, managing director of the Monetary Authority of Singapore (MAS).
July 17, 2020
Singapore economy
Singapore bankruptcies started surging even before coronavirus hit
The number of individuals filing for bankruptcy soared 47% from a year earlier to 434 in January, the highest since October 2004, according to the latest data from the Law Ministry’s Insolvency Office.
March 24, 2020
China Focus
Bankruptcies in China likely to rise but government won’t tolerate job losses: Fitch
SINGAPORE (Aug 10): Tighter financial regulations in China are taking effect and bankruptcies are on the rise as local authorities are becoming more accepting of them, says Fitch Ratings.
August 10, 2017