Singapore sees surge in business liquidations; figure hits 5-year high in first half of 2025

In Singapore, the number of business liquidations has surged, with 187 companies winding up in the first half of 2025, marking a significant increase from previous years. Factors contributing to this trend include cash flow issues exacerbated by rising interest rates, the end of COVID-19 support, and challenges in the food and beverage sector, leading to many businesses accruing substantial debts.

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