Daily Archives: 2013-08-18

Consumer debt: In ‘good financial shape’?

by: Leong Sze Hian, Roy Ngerng and Ravi Philemon   “Singaporean households in good financial shape”? The Acting Minister for Culture, Community and Youth, Lawrence Wong, said “Singaporean households are in good financial shape and even those who may have over-stretched themselves are unlikely to default on their loans should interest rates rise.” Mr Wong also revealed in Parliament that …

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