KL fights high household debt
(6 July) - Malaysia's central bank has imposed maximum terms for mortgages and personal loans, joining Singapore in moving to limit risks from rising household debt. Curbing excessive household debt Household indebtedness levels have been increasing at an average of 12% a year for the past five years, Bank Negara Malaysia said...
Hong Kongers angry with school place shortage caused by PRC influx
(3 Jul) - In early June, thousands of parents queued for hours outside a school in Sheung Shui district near the border between Hong Kong and mainland China. The massed parents were waiting to find out whether their children had got into their primary school of choice. Competition for school places has become fierce as more...
Singapore second largest investor in India
Indian PM tells Singapore: India is investment-friendly. Singapore, July 4 : External Affairs Minister Salman Khurshid on Thursday said Singapore is the second largest foreign investor in India. Addressing the Singapore India Chambers of Commerce & Industry (SICCI), Khurshid said: "After India and Singapore entered into...
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