New Bankruptcy Cases Hit Four-Year High in Singapore

Reuters:

• The number of people made bankrupt last year rose by 14 per cent to reach 1,992 - the highest since 2009, the Straits Times reported.


• The Insolvency and Public Trustee's Office under the Ministry of Law gave general reasons for the rise: overspending, business failure and unemployment.

The material has been provided by InstaForex Company - www.instaforex.com



Read More http://ift.tt/1eGc7pm