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Daily Briefing: Are Singaporean households over their heads in debt?; Mortgagee sale properties double in Q2
And Singapore tourism hit by MH370 mystery, Thai crisis.
- Household debt in Asia is growing quickly, spurring concerns that consumers may struggle to pay their bills as interest rates show signs of heading higher. Read more here.
- In the current quarter, more properties which were repossessed from borrowers were put up for auction, said media reports. Find out more here.
- Singapore is mounting a drive in China to market itself as a standalone tourism destination, officials said on Tuesday, after a drop in Chinese arrivals to neighbouring countries affected the city-state. Know more here.
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