How dangerous is Singapore’s soaring household debt?
Singapore (14 Jul) - The wealthy Southeast Asian nation Singapore has seen soaring household debt levels in recent years as low interest rates have led to a borrowing spree, prompting the government to step in to curb demand. This island state, which is an important financial hub, has among the highest level of household borrowing...
Indonesia to charge Malaysian firm over smog-causing fires
(Reuters, 12 Jul) - Indonesia will file charges against the local unit of Malaysia's third-largest palm oil planter over illegal fires that blanketed Singapore and Malaysia with hazardous smog last month, police said on Friday, prompting the company to deny any wrongdoing. PT Adei Plantations, a unit of Kuala Lumpur Kepong Bhd,...
Indonesian Forest Fire and Haze Risks Remain High
Haze from forest and peat fires in Indonesia (14 July) - Ministers from five Southeast Asian countries gather in Malaysia next week for urgent talks on combating haze. The meeting follows the recent fires in Sumatra that produced record-breaking air pollution across parts of Indonesia, Singapore, and Malaysia. As this 15th meeting...
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