More soured loans in South-east Asia to whet appetite of private investors
Bubbling interest in distressed debt seen growing amid greater structural constraint stresses in some sectors and broad trend of monetary tightening
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
THE stacking pile of distressed debt in South-east Asia could lure more private investors to circle the region for alternative assets, consultants told The Business Times.
Distressed debt is expected to grow further amid greater stresses expected from structural constraints in certain sectors. Further pressure could come from the broader trend of monetary tightening after a decade of extraordinary economic stimulus.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
