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Housing loans shrink for 12th straight month in December

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Housing loans in Singapore shrank for the 12th straight month in December, leading to a fall in total consumer loans, preliminary Monetary Authority of Singapore (MAS) data showed on Friday.

Singapore

HOUSING loans in Singapore shrank for the 12th straight month in December, leading to a fall in total consumer loans, preliminary Monetary Authority of Singapore (MAS) data showed on Friday.

On a month-to-month basis, housing loans, which account for three-quarters of...

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