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Insolvencies in Singapore to rise 3% from pre-Covid 2019 - among world's lowest

Angela Tan

Angela Tan

Published Thu, Apr 15, 2021 · 05:50 AM

Singapore

A PROJECTED 3 per cent rise in insolvencies in Singapore this year compared to pre-Covid 2019 is expected to be among the lowest in the world at the point governments withdraw the unprecedented support measures, Atradius senior economist Theo Smid told The Business Times.

"If we compare the level of insolvencies at the end of …

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