Singapore faces rising tide of bad debt with record bonds maturing


"We could see a tide of distressed debt in Singapore,” said Shaun Langhorne, a restructuring lawyer and partner in Singapore at Hogan Lovells Lee & Lee. "A number of companies have significant amounts of debt.”

HONG KONG: Singapore firms are likely to see more soured debt as the trade-reliant economy takes a hit from US-China tensions.

That’s the view of debt restructuring experts, for whom more bad debt could mean increased business.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ryt Bank tops 1.2mil users in just over seven months
Mida Singapore sees growing investment interest in Johor
ISF Group shares up in early trade after RM22.48mil contract win
Bursa to suspend trading of Sentoria shares on April 21
Ringgit jumps 135bps to 3.96 against US$ at opening
Bursa tracks Wall St bounce but Middle East anxiety remains
Singapore economy expands 4.6% in 1Q, MAS tightens monetary policy
Singapore central bank tightens monetary policy as Iran war stokes price risks
Trading ideas: TSH, DXN, HeiTech Padu, ISF, Mitrajaya, Ocean Vantage, Sasbadi, SMTrack, Euro, Systech, Poh Kong, Shangri-La, Inspace, Skyechip, Golden
Wall Street rallies, oil stays higher as investors hope for US-Iran resolution

Others Also Read