SUBSCRIBERS

Singapore business loans in January up for 2nd month

    Published Mon, Mar 1, 2021 · 09:50 PM

    Singapore

    BUSINESS loans in Singapore picked up for the second straight month in January as the economy gradually recovers from Covid-19 this year.

    On Monday, data from the Monetary Authority of Singapore showed that loans to businesses grew 0.9 per cent month on month to S$422.73 billion in January.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.