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Pain ahead for S-EA firms with overseas debts

Foreign-currency borrowing rears its ugly head as companies face record bond repayments amid slumping local currencies


SOUTH-EAST Asia's penchant for overseas borrowing is storing up pain for years ahead with companies facing record bond repayments just as local currencies slump.

Thirty-eight per cent of bonds sold by Indonesian, Malaysian, Philippine and Thai companies this year have...

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