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
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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.
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